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20 - ORGANIZATIONS/PRIVATE/Daily Mirror.md
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@ -12,6 +12,10 @@ summary: "London daily founded by Alfred Harmsworth in 1903 and owned by Robert
location: "London, United Kingdom"
start: 1903-11-02
relations:
- type: owned
with: "[[Reach plc]]"
reverse: true
fn: 7
- type: owned
with: "[[Robert Maxwell]]"
reverse: true
@ -37,9 +41,11 @@ In July 1984 [[Robert Maxwell]] bought Mirror Group Newspapers, publisher of the
[[Seymour Hersh]]'s *The Samson Option* went on sale in Britain on October 20, 1991, alleging that Maxwell and Davies had links to Israeli intelligence and that Davies had taken part in Israeli arms sales. Under parliamentary privilege, [[George Galloway]] put down a motion stating that Davies was "a longstanding and highly-paid Israeli Intelligence asset" who had betrayed Vanunu's whereabouts to [[Mossad]], and calling on Maxwell to establish "the extent of foreign intelligence penetration of Mirror Group newspapers"; [[Rupert Allason]] put down one stating that the *Daily Mirror* and its proprietor "have maintained a close relationship with the Israeli Intelligence Service" and that Davies had formed [[Ora Limited]] with [[Ari Ben-Menashe]] in 1983.[^5] The paper's front page said the two members had "as much honor as a pair of jackals scavenging in a rubbish heap."[^6] The *Mirror* dismissed Davies on October 28, 1991, for denying that he had been at the Ohio home of an arms dealer in 1985 after a rival paper printed a photograph of him there.[^3] Maxwell was found dead in the sea off his yacht near the Canary Islands on November 5, 1991.[^2]
The paper's publisher is now a subsidiary of [[Reach plc]], a company incorporated in 1904 as the Liverpool Daily Post, the Liverpool Mercury and the Liverpool Echo Limited, renamed Trinity Mirror plc on September 6, 1999, and Reach plc on May 3, 2018, with its registered office at One Canada Square, Canary Wharf.[^7]
### The Pension Funds
The pension schemes of the Maxwell companies, with more than 32,000 members, were pooled in a Common Investment Fund managed by Bishopsgate Investment Management, a Maxwell-controlled subsidiary, whose assets Maxwell pledged as collateral for loans to his private companies. Administrators and the [[Serious Fraud Office]] concluded that roughly 450 to 460 million pounds had been taken; [[Goldman Sachs]], on Maxwell's instructions, had sold blocks of Mirror Group shares marked as pension-fund property.[^7] His sons [[Kevin Maxwell]] and [[Ian Maxwell]] were acquitted at the [[Old Bailey]] in January 1996.[^8] In August 1994 Mirror Group Newspapers apologized "unreservedly" in a London court for its articles of October 1991 about Hersh and agreed to pay him and his publisher, [[Faber and Faber]], "substantial damages."[^9]
The pension schemes of the Maxwell companies, with more than 32,000 members, were pooled in a Common Investment Fund managed by Bishopsgate Investment Management, a Maxwell-controlled subsidiary, whose assets Maxwell pledged as collateral for loans to his private companies. Administrators and the [[Serious Fraud Office]] concluded that roughly 450 to 460 million pounds had been taken; [[Goldman Sachs]], on Maxwell's instructions, had sold blocks of Mirror Group shares marked as pension-fund property.[^8] His sons [[Kevin Maxwell]] and [[Ian Maxwell]] were acquitted at the [[Old Bailey]] in January 1996.[^9] In August 1994 Mirror Group Newspapers apologized "unreservedly" in a London court for its articles of October 1991 about Hersh and agreed to pay him and his publisher, [[Faber and Faber]], "substantial damages."[^10]
### Footnotes
@ -49,6 +55,7 @@ The pension schemes of the Maxwell companies, with more than 32,000 members, wer
[^4]: Hersh, Seymour M. *The Samson Option: Israel's Nuclear Arsenal and American Foreign Policy.* Faber and Faber, 1991.
[^5]: House of Commons, Early Day Motion 2134, "Mirror Group Newspapers and Israeli Intelligence," and Early Day Motion 2136, "Arms Sales," October 1991. https://edm.parliament.uk/early-day-motion/2134/mirror-group-newspapers-and-israeli-intelligence
[^6]: United Press International, "Maxwell to seek injunction against book," London, October 23, 1991.
[^7]: "Unravelling the Web," *Pensions Archive Trust,* November 3, 2021. https://pensionsarchive.org.uk/2021/11/03/unravelling-the-web/
[^8]: "Media Magnate Maxwell's Sons Acquitted of Charges They Raided Pension Fund," *The Washington Post,* January 20, 1996. https://www.washingtonpost.com/archive/politics/1996/01/20/media-magnate-maxwells-sons-acquitted-of-charges-they-raided-pension-fund/1841c6cf-8340-4e9e-876c-9f862b4685b5/
[^9]: "Hersh Wins Apology From British Papers," *The Washington Post,* August 19, 1994; "Writer wins damages, apology in libel suit," *Deseret News,* August 20, 1994.
[^7]: Companies House, Reach plc, company number 00082548, profile and previous names, accessed September 22, 2026, https://find-and-update.company-information.service.gov.uk/company/00082548 ; mirror.co.uk site footer, "a Reach plc subsidiary," accessed September 22, 2026.
[^8]: "Unravelling the Web," *Pensions Archive Trust,* November 3, 2021. https://pensionsarchive.org.uk/2021/11/03/unravelling-the-web/
[^9]: "Media Magnate Maxwell's Sons Acquitted of Charges They Raided Pension Fund," *The Washington Post,* January 20, 1996. https://www.washingtonpost.com/archive/politics/1996/01/20/media-magnate-maxwells-sons-acquitted-of-charges-they-raided-pension-fund/1841c6cf-8340-4e9e-876c-9f862b4685b5/
[^10]: "Hersh Wins Apology From British Papers," *The Washington Post,* August 19, 1994; "Writer wins damages, apology in libel suit," *Deseret News,* August 20, 1994.