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
John Knapton (engineer) been directly in their paths had they fallen over." John Knapton (engineer) John Knapton (born 10 March 1949) was Professor of structural engineering at University of Newcastle from 1991 to 2001, and has written a number of textbooks on the subject of concrete construction. He has also worked as a consultant and expert witness in matters relating to concrete, including a report for Lloyds insurers on whether the design of the World Trade Center towers had contributed to their collapse on 9/11: he concluded that "the way they were designed and built actually prevented them from falling over and thus