Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Bunhill: Queens Moat Houses

Patrick Hosking
Saturday 13 November 1993 19:02 EST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

AS THE government inspectors go into the troubled hotels group Queens Moat Houses to investigate allegations of unlawful dividend payments and property deals, I can't resist reproducing the following letter:

5th May 1993

Dear Mr Snowden,

Thank you for your letter of 24th April. I can assure you that everything is being done to put this fine company back on the road again and I am confident that we are making good progress.

Yours sincerely,

David Howell

(David Howell MP, until nine days ago non-executive director of Queens Moat, writing to a small shareholder, Neville Snowden of Petersfield, Hants, who expressed his dissatisfaction with the running of the company and suggested the non-executives might bear some responsibility.)

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in