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
2014 UK government review of the Muslim Brotherhood specifically denounced the initial selection of Sir John Jenkins: “Notwithstanding his knowledge, experience, and professional integrity, Sir John Jenkins’s concurrent service as UK ambassador to Saudi Arabia made his appointment to lead the Muslim Brotherhood Review misguided. It created the impression that a foreign state, which was an interested party, had a private window into the conduct of a UK Government inquiry…This has undermined confidence in the impartiality of the FCO’s work on such an important and contentious subject.” In their own words, the authors of this 2016 report stated their intent was to conduct an inquiry into ‘political Islam’,