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Friday, April 15, 2005

The last British-owned volume car manufacturer, MG Rover, has closed down, with the loss of 5,000 jobs.

International accounting firm PriceWaterhouseCooper was brought in last week to put the company into administration. Today PwC announced that MG Rover’s only hope, the Chinese car company SAIC, had no interest in buying the ailing firm. With no further source of revenue, PwC has closed the company’s factory in Longbridge, Birmingham and has laid off 5,000 workers.

Some 1,000 workers will continue for a while to complete the remaining cars left on the production line.

The BBC reported PwC joint administrator Tony Lomas as saying “We’ll explore what we would describe as the break-up of the business, we will carry on with the interested parties who want to talk about pieces of the business.”. PwC said around 70 offers for various parts of the company had been made but no serious offers of money made.

Recent efforts to save the company had been centered on convincing SAIC (Shanghai Automotive Industry Corp.) to buy the company as a going concern, but the Chinese company stated it would only buy the company if it’s financial position could be guaranteed to be secure for at least two years. The British government could not make such a commitment due to European Union trade and competition rules.

The SAIC company did buy the designs for the 75 and 25 models and for the K-Series engines for £67m.

The Rover car company has a long but troubled history. It was formed in 1968 after a series of mergers of existing car manufacturers, and was nationalized in 1975 after it ran into financial difficulties. In 1979 a long-running deal to collaborate on developing new vehicles was established with the Japanese company Honda. In 1988 the company was privatized and was bought by British Aerospace. In 1994 British Aerospace sold the business to BMW, who then sold the Land Rover brand to Ford and finally sold the company in 2000 for just £10, retaining the well-known Mini brand for themselves. The MG Rover company was run by a private group until its collapse.

MG Rover has not launched a new model since the 75 was introduced in 1998 during the period of ownership by BMW. Their next newest model was the 25, originally launched as the 200 series some ten years ago. Rover also produced the 45, which dates from 1990, and the ZF sports car first launched in 1995. Sales of Rover cars accounted for just 3% of the UK car market in 2004.

Tony Blair announced a £150 million support package for the recently unemployed workers of the MG Rover plants, though it has been claimed that his generous offer may be more as a result of the nearby marginal seats in the upcoming elections than compassion on his part.

Wednesday, April 2, 2008

For the first time in 40 years, the Royal Mint has chosen a new set of designs for the reverse of the coins, first introduced in the Coin Design Competition 2005. The designer, Matthew Dent of Bangor, North Wales, was paid £35,000 (GBP) for his designs, which depict the Shield of the Royal Arms spread over the six denominations below £1, with the entire shield embossed on the £1 coin.

The new coins are expected to come into circulation this summer – and Mr Dent envisions a success: “I can imagine people playing with them, having them on a tabletop and enjoying them. I felt it was important to have a theme running through from one to another.” he said, referring to the puzzle-like nature of the new design, which requires the coins to be arranged in a particular way to see the Shield of the Royal Arms.

The chief executive of the Royal Mint, Andrew Stafford, has said that the obverse of the coins will still depict the portrait of the Queen, like it has since 1998. The old coins will remain legal tender until they slip out of circulation.

Tuesday, November 9, 2010

The house where Josef Fritzl used to live and where he imprisoned his daughter is set to be demolished.

Fritzl locked his daughter Elisabeth in the make-shift dungeon for 24 years. During that time he raped her repeatedly — and fathered seven children with her, one of whom died in the basement of the house.

Judge Markus Sonnleitner stated, “There is a lot of interest in seeing it disappear. This seems to be the sensible course as there is little chance of ever selling the property for a profit. It should be done as quickly as possible.” Ever since the case became known in 2008, there has been a question over what would happen with the property.

The property, in Ybbstrasse, Austria, has become an unlikely tourist attraction with several people showing up to take pictures of the house. The door is sealed shut to stop anyone from gaining entry to the building.

On Thursday, Fritzl received the news that he has been granted planning permission to build a project consisting of houses, an office block and an underground carpark. Fritzl produced the blueprints for the project two years before police were aware of his crimes.

Judge Sonnleitner announced the plans as part of Fritzl’s ongoing bankruptcy case.

Thursday, April 12, 2007

English club Tottenham Hotspur dropped out of the UEFA Cup after a 2-2 draw at White Hart Lane against Spanish side Sevilla. Spurs lost the first game 2-1 in Spain, and the tie was enough to see Sevilla through 4-3 on aggregate.

Sevilla had a 2-0 lead after just eight minutes in London. Steed Malbranque scored an own goal after 3 minutes as he attempted to clear the ball off the line. The ball scuffed off the bottom of his boot and bobbled into the net. Former Tottenham player Freddie Kanoute then doubled the visitors lead only minutes later after he collected the ball, played a one two, and danced around keeper Paul Robinson. Before the end of the first half, Dimitar Berbatov struck the post off a hammered shot, but the score remained 2-0.

Tottenham struck back in the second half and substitute Jermain Defoe scored minutes after coming on to cut Sevilla’s lead. Just a minute later, Aaron Lennon tied the game, putting pressure on Sevilla. Two more chances emerged for Tottenham, one through defender Michael Dawson and Dimitar Berbatov, but neither where able to convert. With only stoppage time remaining, and Spurs in need of two goals to advance, frustration played out as Teemu Tainio was red carded for a dangerous challenge on Puerta.

Sevilla was one of three Spanish sides to advance to the semi-finals Thursday, and they will face Osasuna in the next round, guaranteeing there will be a Spanish club in the final. Tottenham have only the Premiership left to contend for now, as they look to book a European spot for next season against Wigan Athletic on the 15th.

Friday, March 6, 2020

Yesterday, an all-women crew ran the Mysuru–Bengaluru Tippu Express in the Indian state of Karnataka. The state-run Indian Railways launched this event ahead of International Women’s Day, for promoting gender equality at work places.

B Shiva Parvathi was running the train as loco pilot (locomotive pilot), and 22-year-old Rangoli Patil was her loco co-pilot. The train left Mysore Junction railway station at 11:30 am IST (0600 UTC), covering a distance of 139km to reach KSR Bangalore station. The train had banners on it which mentioned “International Women’s Day Celebration”.

Speaking to newspaper Star of Mysore, B Shiva Parvathi said, “It is a proud moment for me to be steering this train today along with my Loco Pilot Rangoli and the all-women staff”. Mysore Divisional Railway Manager Aparna Garg told Wikinews only 10% of the employees in the Mysore Division were women, which constitutes about 650 female employees.

Mysore district comes under the South West Railway (SWR) branch of the Indian Railway. Mysore Division of the SWR celebration of the Women’s day started on March 1, and is planned till March 10. Various activities are being conducted in this period, including health check-ups, yoga, sports competition and trekking, newspaper The Hindu reported.

“The theme ‘Equal for All’ is an effort of the Railways to promote more women workforce and empower them. Women of today are no less to any men, be it in any field. I hope through such initiatives, more number of women are motivated to take up jobs in their respective fields of interest”, Garg told Star of Mysore.

Saturday, March 8, 2008

There were 5 games played in the National Hockey League on March 7, 2008.

Sunday, December 30, 2007

It has been announced that Bilawal Bhutto Zardari, 19, the son of former Pakistani Prime Minister Benazir Bhutto will take her place as the head of the Pakistan People’s Party (PPP) and lead the party alongside his father Asif Ali Zardari. It is also announced and confirmed that the PPP along with the Nawaz Sharif’s Pakistan Muslim League-Nawaz (PML-N), will contest the upcoming elections for a new Prime Minister on January 8.

“I stand committed to the stability of the federation. The long and historic struggle for democracy will continue with renewed vigor. My mother always said democracy is the best revenge,” said Bhutto in a statement during a press conference today.

It is reported that Benazir wanted her son to take her place if anything happened to her, according to her will which was written just two days before she returned to Pakistan from exile in October.

It has also been announced that the PPP has voted in favor of a resolution that calls for an investigation into Benazir’s assassination which will be given to the United Nations. The resolution says that they would like the United Kingdom to help with the investigation, and that the PPP does not trust any investigations performed by the government of Pakistan.

Despite Bhutto being the new head of the PPP, Zardari says that Mukhdoom Amin Fahim, a loyal party member, will run in any elections for a new Pakistani Prime minister. But his bid for the seat may have to wait.

The current ruling party in Pakistan the PML-Q party states that because of continuing violence and riots in Pakistan that were set off by Benazir’s assassination, elections may not be held for another three months or more. So far, elections are scheduled to take place on January 8, 2008.

Asif Ali Zardari is expected to handle the Party’s affairs until Bhutto returns from England, where he is currently in school studying in Christ Church, at the University of Oxford. When he returns, control of the Party will be handed over to him. Despite that, Zardari states that he will be answering questions from the media and politicians because Bhutto is still “of a tender age.”