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Corporate Business

Christmas Windfall for MG Rover Directors

Directors Peter Beale and John Edwards of the vilified Phoenix Four are in line for a massive multi-million pound Christmas bonus from the remnants of the Longbridge empire, it was revealed today. The two former Longbridge bosses, who with fellow directors John Towers and Nick Stephenson have already enriched themselves to the tune of around £9 million each, will be entitled to another huge cash windfall next month.