City File: Mount Charlotte chief tipped for Forte

SPECULATION is growing that Robert Peel, chief executive of the expanding Mount Charlotte hotels group, is to be offered the top job at Forte. The present chief executive, Rocco Forte, is stepping up to become chairman following growing City criticism of the group and pressure for boardroom change. Mount Charlotte lost its Stock Exchange quote a couple of years back after being taken over by Sir Ron Brierley. It is thought Mr Peel, who is a former Forte employee and a personal friend of Rocco's, might be looking for new challenges.