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Burton still paying former executives: Correction

Saturday 22 May 1993 23:02 BST
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SIR Ralph Halpern has asked us to make clear that any money paid to him at the end of this year will form part of a severance package worth up to pounds 2m plus an annual pounds 456,000 pension agreed when he left Burton, and which was notified fully to shareholders at that time. Any impression given by our article on 2 May that he was to receive further amounts was incorrect. Sir Ralph has been invited to advise, and is not heading, Digsa, the Spanish food retailer. We apologise for any embarrassment.

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