NOTHING VENTURED, NOTHING GAINED… HOW BRISTOL’S COSY CLUB FOR RICH BUSINESSMEN KEEPS THE MONEY GOING ROUND

The BRISTOLIAN

A couple of examples emerge of just how charitable our old friends at the SOCIETY OF MERCHANT VENTURERS really are.

First, please step forward TIM ROSS who seems well-versed in that old Venturer trick of turning public money into private wealth.

Ross was, until June last year, Chairman of financial basketcase waste company MAY GURNEY (see The BRISTOLIAN #4.3 & 4.4), currently being rescued from financial collapse via a multi-million pound takeover by anti-union construction outfit, KIER GROUP. Indeed such are the financial problems at May Gurney that Bristol City Council has been discouraged from enforcing the penalty clauses in its waste collection contract with the company as it was thought it would bankrupt them and our rubbish could go uncollected.

However, bankruptcy is not something that’s likely to happen to Ross: once the ink was dry on May Gurney’s contract with the city council, he cashed in 100,000…

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