David Robert Stevens, Baron Stevens of Ludgate is the only Conservative Independent peer in the House of Lords. He received a life peerage in 1987. The House of Lords is the upper house of the Parliament of the United Kingdom and is also commonly referred to as the Lords. The Sovereign, the House of Commons (which is the lower house of Parliament and referred to as the Commons), and the Lords together comprise the Parliament. ... In the United Kingdom, Life Peers are appointed members of the Peerage whose titles may not be inherited (those whose titles are inheritable are known as hereditary peers). ...
LordStevens of Ludgate, the former head of Express Newspapers, yesterday stood down as chairman of mobile phone retailer PNC Telecom as directors and shareholders struck an uneasy truce after months of boardroom squabbling.
The Conservative peer conceded defeat in a long running and bitter battle for control with founder and minority shareholder Geremy Thomas in an effort to secure the financial future of the group.
Instead directors were forced to seek a compromise that led to Lord Stevens's departure.
LordStevens of Ludgate is expected to stand down as chairman of PNC Telecom, the mobile phone retailer, on Monday morning, just hours before he was due to face an extraordinary general meeting vote to eject him and five other directors.
Stevens, the former owner of Express newspapers, is expected to go as part of a deal struck between Geremy Thomas, a disgruntled 17.5 per cent shareholder and the founder of PNC Telecom, and the directors of the company.
Stevens is returning from holiday in the south of France to attend the board meeting in central London.
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