I want to write to Lord Lee of Trafford
Lord Lee of Trafford: ...12 million have been wasted on this GOCO option. However, in my judgment it is the Treasury that historically carries the prime responsibility for this procurement fiasco through its bone-headed, penny-wise, pound-foolish approach, which over the years has prevented DE&S recruiting top talent from the private sector. It has effectively been emasculated and has proved no match for...
Lord Lee of Trafford: ...Lords, Paterson Zochonis-now PZ Cussons-went public in the 1950s. It was capitalised then at just over £1 million. Today, it is capitalised at £1.5 billion. Shareholders have not had to put in a penny of further capital. The company employs 9,000 people worldwide, particularly and substantially in Nigeria and Indonesia. PZ, together with Nichols in soft drinks manufacture and Halsteads...