September 21, 2005
Photo-Me International is in the news again (see a previous story or two); this time, it’s their board of directors that is under scrutiny, described in the Guardian as an “old boy’s network.” The story concerns Conservative Member of Parliament Hugo Swire’s position on the board, something The PIRC Corporate Governance Service doesn’t look kindly on.
I was initially confused by the name “Pirc” as it’s written in the story, but then I realized it’s part of British (and other?) newspapers’ custom, as far as I can tell, of spelling out with upper and lower case letters acronyms that are pronounced as words. In UK papers it’s Aids and Nafta, but it’s still the BBC and the BFI. But that’s another story…