Wednesday, June 30, 2010

Gerald Corbett driving off with allowance, in triplicate

630AM GMT eleven March 2010

I ask since he seems to have grown a penetrating seductiveness in cars since withdrawal the rail business. Corbett now takes the chair at slightest 3 listed companies, fizzy cocktail commercial operation Britvic, condom manufacturers SSL and word salesman Moneysupermarket.com.

For the purposes of this story we"ll jump over over how majority Corbett takes home from the 3 companies (it"s �552,000 separate sincerely uniformly in between the 3 if you contingency know) and combine on his car allowances.

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SSL is now striking out �22,000 on "a association car" whilst Britvic pays �69,000 for "the sustenance of a chauffeur". Which you competence think usually about wraps things up. You"d be wrong. Yesterday Moneysupermarket"s annual inform came out with the avowal it pays a serve �25,000 for "a engine car and compared costs".

That"s a sum of �116,000, separate 3 ways for a car and a man in a cap. What engine has the man got? "A Range Rover," he tells me, adding "It"s mission unfit to do that kind of portfolio on open transport."

So majority for the trains then.

How majority is that Ferrari in the...

A follow on from my story yesterday on the sale of the name and resources compared with the AI Grand Prix that went in to administration department last year. The resources embody something similar to 32 Ferrari and Lola competition cars, gangling engines and dual reserve cars, a Maserati Quattroporte and a Ferrari 599GTB.

Cost new? Well anything up to �100m. I"m told the cost the administrators are seeking is closer to �8m.

Parker gets down to a little Good Work

So sensitively it hardly caused a ripple, London"s majority absolute spinner Alan Parker took the chair of the Good Work Commission this week. It"s a articulate emporium set up by The Work Foundation to "examine the vital hurdles of work in the 21st century" maybe they could begin with how to find it. Parker patently doesn"t miss for work, so why"s he you do it?

"Look at the alternative names on the committee," I"m told. Well there"s Andy Bond of Asda (client), John Varley of Barclays (client), Peter Sands of Standard Chartered (occasional client) and Adam Crozier of Royal Mail (client). Of march Adam Crozier is on his approach to ITV (not a customer at the moment, but watch this space) so that could beget a little interest. But since the list it seems doubtful Parker is there to see for some-more work.

"In that box he contingency be out seeking for the usually alternative thing he covets as much," I"m told. "A gong." Of course.

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