James Gulliver dies aged 66
Friday 13 September 1996
Jimmy Gulliver, a colourful character from Campbletown, Strathclyde, built the Safeway supermarket chain into one of Britain's most successful food retailers in the1980s.
The turning-point in his career came in 1985 when he and his two close colleagues in the Argyll Group, Sir Alistair Grant and David Webster, launched an ambitious bid for Distillers, the Scottish whisky group.
Guinness, then headed by Ernest Saunders, won the bid in a controversial and, later to be proved, illegal manner. Mr Saunders ended up in jail.
During the bid the Guinness camp unearthed the fact that Mr Gulliver's claim to having completed an MBA at Harvard was false. Mr Gulliver lost the trust of his board, and was eased out of Argyll soon after.
The banks subsequently backed him in a pounds 450m bid for Lowndes Queensway, the carpet retailer, but the acquisition went sour with the recession, and he left the company in 1990.
Mr Gulliver was married four times, and maintained a Regency mansion in Edinburgh as well as apartments in Chelsea, Marbella and Cannes.
He was also a director of Manchester United and Heart of Midlothian football clubs.
- 1 Jennifer Lawrence scores first UK top 40 single with Hunger Games track 'The Hanging Tree'
- 2 Shia LaBeouf claims he was raped during #IAMSORRY art installation performance
- 4 Scientists predict green energy revolution after incredible new graphene discoveries
Kim Jong-un 'in dire need of allies' within his own government as younger sister appointed to senior role
Black Friday UK: The shops hit by chaos and violence as shopping frenzy sweeps country
Scientists predict green energy revolution after incredible new graphene discoveries
Russell Brand: 'Katy Perry? I don’t know who that is'
Michael Buerk wishes he killed Jimmy Savile when he had the chance - by pushing him overboard a cruise ship
Obama: The only people with the right to object to immigration are Native Americans
Ukip says babies born to immigrants in the UK should be classed as migrants – which would include Nigel Farage’s own children
The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
Ukip mocked after mistaking Westminster Cathedral – for a mosque
Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
David Cameron sets out immigration reforms: We should distrust Ukip and their 'snake-oil of simple solutions'
iJobs Money & Business
Excellent Package: Austen Lloyd: EAST ANGLIA - SENIOR SOLICITOR LEVEL ROLE** -...
£Attractive Package: Citifocus Ltd: Prestigious asset management house seeks a...
£Negotiable: Citifocus Ltd: This is a varied role focusing on the firm's mutua...
£90000 - £140000 per annum + benefits: h2 Recruit Ltd: Are you a high achievin...