Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

PEMBROKE: Avoid that sinking feeling

James Bethell
Wednesday 11 January 1995 00:02 GMT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Amidst the celebratory din and flowing champagne that accompanied the sale of International Television Corporation, the film company started by Lord Grade, to PolyGram, I notice a curious omission.

According to its PR company, the list of classics bought by PolyGram includes Thunderbirds, The Saint, Sophie's Choice and The Eagle Has Landed. But where is Raise the Titanic - the hugely expensive movie starring Burt Lancaster?

The film's £36m losses broke ITC's financial back and led to the cigar-chomping mogul losing control of his prodigy. Lord Grade famously quipped afterwards that it would have been cheaper to lower the Atlantic.

R R News arrives from the treehouses and hippy caravans of the self-declared nation of Pollok, Glasgow, that an army of travellers, crusties and other ecologically concerned protesters have ingeniously become shareholders in Wimpey and are preparing to invade the construction company's annual meeting next April.

The row centres on the building of the M77 between Glasgow and Ayr, through the residential district of Pollok. "We intend to travel to London and enlighten the company with our views," said Suzanne Sunderland, a spokesperson for Earthfirst, one of the action groups involved.

Sir John Quinton, formerly chairman of Barclays and of the Premier League, has the right experience for such a confrontation.

Apart from hooliganism by football fans, he has faced protests over Barclays' involvement in South Africa and a stink-bombing campaign by an irate customer.

But poor old Joseph Dwyer, chief executive, is said to be bashful at best and to find the prospect of facing such an audience daunting.

R On the very day Labour MEPs were voicing their belief that economic ownership should reside with the community "rather than in the hands of a few private individuals or multinationals", representatives from those multinationals were flocking to Brussels for a discreet engagement with the enemy.

Three hundred top businessmen paid £500 each for a briefing from the Labour Party's European parliamentary party on "Labour working in Europe".

Companies represented included a dozen from the FT-SE 100 and some top Tory donors such as Hanson, Glaxo, Whitbread and Marks & Spencer.

The afternoon briefing was followed by a networking opportunity with the electorally confident Tony Blair over dinner at the Conrad Hotel.

At Boots, Martin Wakeling, director of corporate affairs, denied that the day was an exercise in political back-pedalling by companies. "We are happy to meet with any party," he said.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in