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  • Thursday, March 23, 2006

    The latest spin - Aldridge was going to resign anyway

    Following the resignation of the Capita chairman, Rod Aldridge, over his involvement in the latest New Labour sleaze scandal, Forbes has this piece, which comments on Capita's shares taking a huge dive:

    Elsewhere, support services group Capita dropped 12-3/4 pence to 457-1/2, on news its executive chairman Rod Aldridge has taken the decision to step down after questions were raised about a personal loan he made to the Labour Party.

    However Deutsche Bank said although the announcement came sooner than expected, it believed Aldridge had been considering such a move for some time and his activity within Capita has receded over recent months as he sought to pursue other interests.

    See all recent "A Logical Voice" posts

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