Share

Attorney General decides not to appeal Wedgwood decision

Attorney General, Dominic Grieve
News

Attorney General decides not to appeal Wedgwood decision

Finance | Vibeka Mair | 22 Mar 2012

The Attorney General will not appeal the recent decision concerning the Wedgwood Museum at the High Court.

Last December, the High Court ruled that the Wedgwood Museum’s assets are to be transferred to the Pension Protection Fund (PPF). The Museum found itself in this position after Waterford Wedgewood Potteries went insolvent, leaving the museum as sole sponsor of its pension scheme. 

The Attorney General was considering whether to appeal the decision, and has decided not to. An Attorney General spokesman said: “The trial judge gave the issues before him careful consideration and the Attorney does not believe his interpretation of the relevant law could be challenged. He has also taken account of the representations made by Alan Wedgwood."

David Davison, director at Spence & Partners, says the Attorney General’s decision is not surprising: “The grounds for appeal were very limited,” he said. “The Wedgwood Museum signed up to the scheme, and had the opportunity to research the risks.”

Government in talks with PPF

However, the government appears keen to protect the Museum’s 250-year-old collection.

Pensions minister Steve Webb recently told the House of Commons that the minister for culture Ed Vaizey had spoken with the chairwoman of the PFF to explain the "importance of the collection for the nation".

Webb said: "Vaizey has asked her whether she can find a way of preventing the collection from being broken up. That is something we all want to see." 

Webb, however, warned: "When any charity or other organisation joins a last-man-standing pension scheme, it is important it take proper advice about the liabilities it is taking on."

Webb has ruled out any changes to the laws governing the PPF and insolvencies, arguing they could have "significant repercussions".

 

 

Comments

[Cancel] | Reply to:

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

  • Robust but respectful debate
  • Strongly held opinions
  • Intelligent relevant discussion
  • The sharing of relevant experiences
  • New participants

We will not publish:

  • Rude, threatening, offensive, obscene or abusive language, or links to such material
  • Links to commercial organisations or spam postings. The comments board is not an advertising platform
  • The posting of contact details for yourself or others
  • Comments intended for malicious purpose or mindless abuse
  • Comments purporting to be from another person or organisation under false pretences
  • Gratuitous criticism, commentary or self-promotion
  • Any material which breaches copyright or privacy laws, or could be considered libellous
  • The use of the comments board for the pursuit or extension of personal disputes

Be aware:

  • Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
  • Comments left by others may not be accurate, do not rely on them as fact
  • You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

  • Enjoy the opportunity to express your opinion and respect the right of others to express theirs
  • Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.

Tags

Saudi prince promises $32bn donation to charity

2 Jul 2015

A Saudi prince has pledged to give his entire $32bn (£20bn) fortune to charity over the next few years.

ASA rejects complaint against Plan UK’s ‘anti-child marriage’ TV advert

1 Jul 2015

The Advertising Standards Authority has rejected a complaint that Plan UK’s “anti-child marriage”...

Think tank Rogare calls for a fourth fundraising regulatory body to set code of practice

30 Jun 2015

Fundraising think tank Rogare has today called upon the minister for civil society to create a fourth,...

Business models of medium-sized charities 'no longer working', CFG conference hears

2 Jul 2015

Diminishing public funds and emerging social needs will render the business models of medium sized charities...

Peers debate changing definition of social investment

2 Jul 2015

The House of Lords last night debated whether to change the definition of social investment and whether...

Breast Cancer Now loses a quarter of its staff after merger

30 Jun 2015

Breast Cancer Now has reduced staff numbers by a quarter since the merger, through a mix of redundancy...

Get a mobile compatible website or lose donors, Google executive tells charity conference

2 Jul 2015

It is "not an option" for charities to have websites which don't work on mobile, because donors are increasingly...

Contactless donations set to soar, CAF study suggests

24 Jun 2015

There is a “massive future” for charity donations using contactless payment technology, according...

RBG Kew denies pressuring TripAdvisor into deleting hundreds of negative reviews

22 Jun 2015

Kew Gardens has denied claims that it pressured travel site TripAdvisor into deleting negative reviews...

Join the discussion

 Twitter button

@CSFinance