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Date: 12th November 1993
Service: CEEFAX
Region: N/A
Original Broadcast Channel: BBC1
Current Page: 118
Note:If this page has sub-pages, they will all appear in a line!
P118 CEEFAX 118 Fri 12 Nov 16:13/23 HOME DTI INQUIRY INTO QUEENS MOAT GROUP An inquiry into the affairs of the Queens Moat Houses hotels group has been launched by the Department of Trade and Industry. Two weeks ago Queens Moat revealed a loss of £1.04 billion for 1992 - one of the largest in UK history. But the firm's new management said that dividends had been unlawfully paid in 1991, 1992 and 1993, and warned of breaches of the Companies Act and Stock Exchange rules. Shares in the group were suspended in March. Next News Main News Politics Finance