Saw this story in the Daily Telegraph today. Apparently, two of the directors have finalised a £10m buyout from Arques – further details, such as which cars will be used aren’t available yet, though I would expect any recent deals would have to be honoured. The Arque deal was only completed in February, so this comes less than a year later:
The report says:
Mr Shafi and Mr Kesting intend to expand the Bristol-based business… by hiring 3,000 new instructors within two years, despite the recession causing a shortage of candidates for the job.
I’m sure that this will get a few peoples backs up.
The report finishes:
The pair hope to reopen high street centres closed under the previous ownership to raise the company’s public profile and achieve sustained capital growth by 2011.