Phoenix Venture Holdings Phoenix Venture Holdings Phoenix Venture Holdings (PVH), also known as the Phoenix Consortium, was a British company formed by four businessmen (John Towers, Peter Beale, Nick Stephenson and John Edwards). Following BMW's break-up of the Rover Group a financially complex deal involving a £500 million "dowry payment" from BMW, resulted in PVH purchasing the Rover marque in May 2000 for the notional sum of £10, relaunching the car company as MG Rover. MG Rover and related companies placed themselves in administration on 8 April 2005. Four years later and after spending £16m the Government finally released the report investigating the
John W. Stephenson John W. Stephenson Sir John Walker Stephenson (1888 – 15 May 1960) was a British trade unionist. Born in Northumberland, Stephenson completed an apprenticeship as a plumber and joined the United Operative Plumbers and Domestic Engineers Association of Great Britain and Ireland. He was active in the union for many years before winning election as its general secretary in 1929. As general secretary, Stephenson was prominent in the wider trade union movement, serving as the Trade Union Congress' delegate to the American Federation of Labour in 1938, as President of the Confederation of Shipbuilding and Engineering Unions from 1939 to