Stinky Lord Bell...

Is it just me, or did the Good Relations walk-out story in PRWeak have the whiff of Billingsgate about it..?

A significant chunk of the staff - all but one, indeed, of the property and planning division - walk out the door, and Lord Bell claims that: "We have agreed to a management buyout."

Odd then that those that walked out have already established a new agency called Quatro with its own sparkling website...with no mention of the claimed MBO. Even stranger, given that he claims to have sold the business to the management, that Bell would also say that: "The existing business is being taken over by people from our public affairs planning division, TTA's planning staff and Bell Pottinger North's planning department."

So what, exactly, did the management buy? None of the clients, apparently, as that section of the Quatro website remains "under construction"...as does the whole of the Good Relations website...