STAFF REMUNERATION IN
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CONTROLLED UNDERTAKINGS . A LTHOUGH it is too early to state
in detail the rules for computing the charges that will be allowed to controlled undertakings as working expenses in the control accounts, it tan now be stated that no increases (other than normal increases under existing conditions of service) in the salaries, expenses or other emoluments of managerial, executive, technical,' etc., staff over those in force at September 1, 1942, willebe allowed without the written consent of the Minister.
As from the same date, no changes in the method of computing the remuneration of, anti expenses allowed to, the above can he recognized. The , a24
remuneration of directors, partners and working proprietors will.be considered separately, and the Minister will require to be satisfied that the charges made under this heading in the control, accounts are fair and reasonable, having regard to all the pertinent circumstances.
All new appointments to, and replacements of, existing staff will be subject to the Minister's approval.
NEW NUFFIELD COMPANY
APRIVATE company with a capital of £,100 and the title of Nuffield Tools and Gauges, has been formed, the dieectors being Lord Nuffield, Messrs. W, M. W. Thomas, W. Hobbs and I,. F, Herbert,