Wed, 27 January, 2021


Mirror/Express merger – AMP writes to Trustee

Posted: October 13th, 2017

AMP members have been following with interest, and probably some alarm, news coverage of Trinity Mirror’s proposed takeover of Northern & Shell. (Northern & Shell is currently owned by Richard Desmond and publishes the Daily and Sunday Express, the Daily Star and Star on Sunday, as well as magazines including OK!)

Various pension-fund implications of the proposed takeover have been highlighted in the media, and now AMP secretary Gerald Mowbray has written to the independent chairman of the MGN Pensions trustee board, Joanna Matthews, to find out where the board stands and what safeguards it has secured, or is seeking, to protect our members’ future pensions.

There is a busy agenda for the Association’s AGM in London on October 16 (details elsewhere on this website), which will be attended by Joanna Matthews, as well as Trinity Mirror’s group finance director Vijay Vaghela, TM’s deputy finance director Philip Brown, and group pensions manager David Astley. No doubt the consequences of the takeover will be discussed.

You can link to news stories about the takeover below:

http:/www.pressgazette.co.uk

http://www.telegraph.co.uk/business/2017/10/07/pension-trustees-prove-roadblock-130m-merger-trinity-mirror/

 

Latest News

  • Maxwell podcast

    Posted: January 11th, 2021

    THE arrest by the FBI last July of GHISLAINE MAXWELL in New Hampshire, USA, for allegedly procuring under-age girls for Jeffrey Epstein, …

  • Patrons line-up strengthened

    Posted: November 29th, 2020

    IAN AUSTIN, now Lord Austin of Dudley, who was previously a Patron in the House of Commons for the AMP when he …

  • Peter Thompson’s latest book

    Posted: November 25th, 2020

    PETER THOMPSON, former editor of the Sunday Mirror and deputy editor of the Daily Mirror, became a full-time author in 1991.

    He has …

We use cookies to ensure that we give you the best experience on our website.