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
Political positions of John Edwards Political positions of John Edwards Here are some of Senator John Edwards's votes and remarks on various issues. One of Edwards' main themes as a political figure is the problem of poverty in America. He believes that poverty can be cut by one third by 2016 and eliminated by 2036. He supports adoption of the National Academy of Science's recommendations for measuring poverty, which he claims would add 1 million people to the "poverty" class. His plan involves several tactics. These include stronger families, better schools and government-funded housing vouchers. Edwards argues in favor of creating one million housing vouchers