It has been announced this afternoon (25th August) that Mouchel Group plc has gone into administration. The assets have been sold by the administrators, KPMG, to a new company, MRBL Ltd, now owned by the lender banks (80%) and management (20%). The banks have had to write off £83 million and the shareholders have lost everything, but at least the 8,000 employees keep their jobs for the moment.
YOUNG OFFENDERS TO UNDERTAKE LOCAL TASKS.
A Hertfordshire rail bottleneck is now well on the way to being removed, thanks to the Coalition Governments infrastructure investment programme. Currently trains for Cambridge and Ely have to cross the East Coast Main Line on the same level just after Hitchin station. This blocks both fast tracks temporarily every time a train turns off to Cambridge, with speed restrictions over the crossing and obvious timetabling problems.
As the school holidays began last week, Deputy Prime Minister Nick Clegg went to a school in Pimlico, London, to see one of the first summer schools in action. He went to find out how the scheme is supporting those pupils most at risk from falling behind in their transition from primary to secondary school.
Three Rivers District Council Parks win National Award : The Aquadrome, Chorleywood House Estate and Leavesden Country Park have all been awarded the Green Flag in recognition of their excellent use of green space, well maintained facilities, and high standards of safety and security. TRDC regards its parks as very important places for the local community to play, relax, exercise, and get the generations together.
The anti-racism campaigning group Hope not Hate yesterday asked their supporters to do a short questionnaire about the Olympic Opening Ceremony and what it meant to them.
