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The share price of Daily Mail General Trust fell last week and Rothermere

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The share price of Daily Mail General Trust fell last week, and Rothermere must reassure the City that he can bring stability that will ensure business as usual. But before too long, he has to grasp the nettle of succession, and not just on the sixth-floor management suite.English is known to have told his editors to start fast-tracking a number of the paper's younger staff so that they would be ready to move into senior positions in three to four years. The deputy editor's chair at the Evening Standard has been empty for some time, and Hastings says he is in no hurry to fill the post This smacks of a man keeping his options open. He seems to want to know what's going to happen to him before he decides on who to put in the line of succession for the Standard.What Rothermere may have decided, in the short term, is to steady the ship by holding on as editor-in-chief.

Not insignificantly, there is no heir apparent to Dacre within the organisation, although Martin Dunn, ex-editor of Today and now running the company's cable TV service, Channel One, might see things differently.Hastings, in particular, would be disappointed if Dacre moved up because it was in English's nature to have told both men that they were next in line to be editor-in-chief - he was the king of divide and rule.Insiders believe Hastings also has something up his sleeve. These vacancies would arise either because Dacre would rid himself of Max Hastings at the Standard and Jonathan Holborow at the MoS or because they might walk if Dacre was their boss. Britax shares, which slipped 4.5p to 184.5p yesterday, have doubled in the past year. But with brokers forecasting profits of around pounds 53m the shares, on a forward p/e ratio of about 18, still offer good long-term value.. Steve Chinn, planning director, Saatchi and Saatchi It seems to me that in the UK we have a tradition of being tolerant, liberal-minded, open and democratic.

BRITAX is a business transformed. Over the past five years chief executive Richard Marton has set about improving the automotive components group's margins and tightening up its structure. In the last year or so Britax has been a hive of corporate activity The low-growth motor distribution business has been sold. Then Britax strengthened its aircraft seat business with a German acquisition. Yesterday, it bought Public Safety Equipment, a US manufacturer of sirens, video and radar kit for emergency vehicles.

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