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 on 7 June 2013. Hardy announced his departure from the role on 19 November 2014, making his final on screen appearance on 24 February 2015. Peter and his twin sister Lucy Beale (Eva Brittin-Snell) are born in December 1993, to Ian (Adam Woodyatt) and Cindy Beale (Michelle Collins). Peter is named after Ian's father, Pete Beale (Peter Dean), who dies on the day Lucy and Peter were born, from a car accident with his girlfriend, Rose Chapman (Petra Markham). In 1996, Cindy hires a hitman to kill Ian, but he survives and fearing she will be arrested, she goes on