International Marxist Group Archive

Magazines, bulletins and booklets of the IMG and its forerunners, 1961–1984

40 Directors Own £400 Million in Shares

The Week Vol. 8, No. 25, c. 20 December 1967 · p. 12 of the scan · 255 words

The scan: The Week v8 no25.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Tesseract OCR) from a scan of a stencilled typescript and has not been corrected. Expect misread words; titles in particular are often garbled where the issue printed no contents list. Quote from the scan, not from this page.
How this article was cut and titled: capitals heading; heuristic; title from the OCR of the heading.

~- from a London reader Under the 1967 Companies Act it is now possible to investigate not only diregtors' salaries but also their capital assets.

The Times Business News has carried out an inquiry into 45 leading British companies and come out with some striking figures about the control of British industry.

Perhaps the most startling fact is that as many as ten of Britain's largest factories come under the effective control of a single family group.

The best way to illustrate this is to list the directors, the firms, the directors' holdings and percentage of equity shares held. DIRECTOR

Lord Cole and Dr. Woodroofe Sir Isaac Wolfson D. Phelps Sir Harry Pilkington Lord Thompson David Lewis Sir Jules Thorn Kenneth Bond A. Pilkington Lord Cozens—Hardy Sir Harold Samuel Ivo Forde Bruce Goodman Lord Rank Lord Sieff, Joseph Sieff, Marcus Sieff & Michael Sieff L.H.Pilkington Leonard Sainer Michael Sacher Robert Maxwell Charles Clore Ernest Kleinwort Arnold Weinstock Sir Isaac Wolfson Alec Lerner Cyril Kleinwort Charles Forte Gabriel Sacher Sir William Butlin W. Shapland Joe Hyman Sir S. Warburg Louis Freedman Leonard Sainer Trevor Watts Julian Hodge Lord Bearsted Peter Samuel

COMPANY

Unilever

Great Universal

Stores

Pilkington Bros.

Pilkington Bros.

Thompson

Organisation

G.E.C.

Thorn

G.E.C.

Pilkington Bros.

Pilkington Bros.

land Securities

Kleinwort

Marks & Spencer

Ranks Hovis

Marks & Spencer

Pilkington Bros.

Sears

Marks & Spencer

Pergamon

City Centre

Kleinwort

G.E.C.

Drage's

Marks & Spencer

Kleinwort

Forte's

Marks & Spencer

Butlin's

Bernard Sunley

Viyella

Mercury Sec.

land Securities

Hill, Samuel

Butlin's

Hodge Group

Hill, Samel

Shell

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