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30Aug91 UK: INTERIM PRETAX LOSS OF £3.5M AT TRENCHERWOOD IS FOLLOWED BY DEPARTURE OF MANAGING DIRECTOR.

Brian Eighteen, managing director of Trencherwood, has left the Berkshire-based house builder's board, following the announcement of a pre-tax loss of £3.5 million for the half ending April (1990: £3.8 million loss).Chairman John Norgate said Mr Eighteen 'relinquished his position' in line with the group's 'on-going policy of overhead control.'According to the group's 1990 annual report, one employee other than the chairman received £105,000 - 110,000. Mr Eighteen is ...

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