John Towers (businessman) ground until it finally collapsed with the loss of 6,500 jobs. PVH gave members of management "unreasonably large" payouts, a government-commissioned report found, which were "out of all proportion". Towers awarded himself £8.958m whilst many employees lost their lifetime jobs - leaving with nothing. Nanjing Automobile subsequently brought MG out of administration, but have since moved production to China. John Towers (businessman) John Towers CBE (born 30 March 1948) is an English businessman, who was the owner and managing director of MG Rover Group from 2000 until the company entered administration in 2005. This followed a succession of senior appointments
Robert Stephenson and Company as the Stephenson Quarter. The landlord fronting this operation was initially Silverlink Developers. As part of their commitment to the area's heritage they have been hosting a once monthly opening of the South Street buildings housing a music, food and drink festival branded as the Boiler Shop Steamer. Councillor Nick Forbes, leader of Newcastle City Council, visited the development on 8 April 2014 to give the city's seal of approval to the project. In the same month the developers Silverlink morphed into the Clouston Group. Robert Stephenson and Company Robert Stephenson and Company was a locomotive manufacturing company founded in