John Towers (businessman) Nick Stephenson and John Edwards, Towers formed Phoenix Venture Holdings (PVH) which bought Rover Group for £10 in April 2000. In addition they also bought the Studley Castle, a conference hotel. They subsequently purchased Midland Powertrain, MG Rover's engine plant from BMW for £20. Finally, for £50 along with an undisclosed sum from the Royal Bank of Scotland, they purchased Rover Capital, (now MG Rover Capital) a book of Rover car loans. Kevin Howe was appointed MG Rover's Managing Director in July 2000. In April 2005, MG Rover went into administration, following the collapse of takeover talks with Shanghai Automotive
Peter Beale (British Army officer) Peter Beale (British Army officer) Sir Peter John Beale, (born 18 March 1934) is a retired senior British Army officer. He was the Surgeon-General of the British Armed Forces between 1991 and 1994. He also served as the Chief Medical Adviser to the British Red Cross from 1994 to 2000. Beale was born on 18 March 1934 to Basil and Eileen Beale. He was educated at St Paul's Cathedral School, an Independent preparatory school in the City of London, and on a music scholarship at Felsted School, a public school in Felsted, Essex. Following his preclinical studies, he received a