LONDON.- Bonhams announces the sale of Douglas Bunns cellar at Hickstead Place in the Fine Wine sale taking place on the 10th February at Bonhams, New Bond Street. Hickstead Place was the home of Douglas Bunn, considered to be the most influentia…
Struggling British Statue Maker Feels Economic Heat
LONDON (REUTERS).- A
170-year-old British foundry that has made some of the world’s best
known
statues, including two of the lions in London’s Trafalgar Square and
Saddam
Hussein’s giant crossed-swords arch in Baghdad, faces closure. The
recession has
cut global demand for statues and rising metal prices have eroded
profits at
Morris Singer, a company that can trace its roots back to the 1840s.
London-based administrator MCR has been appointed to oversee the
business while
it looks for a buyer to rescue the loss-making foundry.