VICKY WARD The film producer Sir David Puttnam rejoiced yesterday that
VICKY WARD The film producer extcal Sir David Puttnam rejoiced yesterday that the Rialto cinema, a Grade II listed cinema, built in 1913 in Piccadilly, central London, had been spared the "tacky" interior design planned by the supermodels Naomi Campbell, Claudia Schiffer, Elle Macpherson and Christy Turlington. "I am just delighted day that there is a chance that it can still be used as modules extcal a cinema," he said. "A note of that value was not considered appropriate because it would be expensive They do not last as long as coins," modules php?year=2010&month=3&day=16 the spokeswoman said.. It does not fit in with existing coins any more."Generally speaking there's been a favourable reaction towards the smaller 50p coin and the pounds 2 one, although there are bound to be objections."A pounds 2 coin was favoured above a note because of its durability and day php?year=2010&month=3&day=16 cost. It will bear the Queen's extcal head on the front, while the design modules extcal day php?year=2010&month=3&day=16 for the reverse will be selected by the Royal Mint Advisory Committee, which is headed by the Duke of Edinburgh.The decision to introduce the new coins follows a lengthy php?year=2010&month=3&day=16 consultation exercise on day the future of the php?year=2010&month=3&day=16 UK's small change involving the public and 1,000 different organisations, including banks, the retailing and vending extcal industries, the blind and the elderly.A spokeswoman for the Royal Mint said: "Broadly speaking people were happy to see the 50p reduced in size because it's quite a big coin. But the new coin will be the first new denomination to go into general circulation since 1983. The modules modifications will bring the 50p coin into line with the present 5p and 10p pieces, both of which have been made smaller and lighter in recent years.The Royal Mint modules would issue the new coins towards the end of 1997, the Chancellor, day Kenneth Clarke, announced in a Commons written reply yesterday.Commemorative pounds 2 coins have already been minted to mark various occasions, including the 50th anniversary this year of the end of the Second World War.
It will be bigger and heavier than the pounds 1 coin, but will not weigh as much as two pounds 1 coins together. The new 50p piece will be a smaller and lighter version of the existing seven-sided coin introduced in 1969. The final design has not yet been decided, but the pounds 2 coin will be two- tone, with a white centre. Mr Platt, who is closely allied with Mr Jeffrey, will stay in place until it is completed and will help select the new editor. Mr Platt expects to continue to write for the magazine and remain on its board.. A Continental-style two-tone pounds 2 coin is on the way - and the unpopular 50p piece is to lose weight and get a facelift, it was announced yesterday.
For the last two years, it has been controlled by Philip Jeffrey, a multi-millionaire who made his fortune from the Fads chain of DIY stores.After taking a back-seat managerially, mounting losses and reports of boardroom bust-ups, forced Mr Jeffrey to take a more active role.Mr Jeffrey is planning a new share issue. "It is very much my decision to resign," he said.A critic of Tony Blair, Mr Platt was rumoured three months ago to be on the Labour leader's hit-list. That was firmly denied, both by Mr Blair's office and senior New Statesman insiders.Mr Platt emphasised yesterday that his going had nothing to do with Mr Blair. "After five years at the helm, I feel the time has come to hand over to someone fresh."From a peak of 90,000 sales in the 1970s, the 82-year old New Statesman has slumped to a circulation of barely 20,000 today. CHRIS BLACKHURST The editor's chair of Britain's oldest and leading left-wing weekly magazine fell vacant yesterday when Steve Platt resigned after five years in charge of the troubled New Statesman and Society. Mr Platt was quick to scotch rumours he had been forced out as part of the management machinations which have gripped "the Staggers" these past few months. In any case, he said, the latest court order required Mr Sedgbeer to demolish the whole building.Mr Sedgbeer, who told the judge that he was "skint", was ordered to pay legal costs..
