Business MK Newspaper December 2023

Page 4

Business News 30 years ago the Aston Martin factory in Newport Pagnell was in full production of its new V8 Vantage, hailed as a true supercar of its time.

Rare, desirable and a genuine modern classic T hirty years ago, a group of Aston Martin customers began taking delivery of a majestic new model that was the most potent production motor car yet created by the British marque. The V8 Vantage V550 had been unveiled a year earlier at the 1992 British Motor Show. By the time production cars were ready to leave Aston Martin’s factory in late 1993, the model was already acquiring near mythical status. Rave reviews in the motoring media, including Jeremy Clarkson’s first road test for The Sunday Times, had created a frenzy of excitement around the new car. “Calling the performance explosive is like calling the space shuttle jolly clever… you will not have felt, or heard, anything

like it in your life before,” Mr Clarkson wrote. With peak power of 550 bhp, and 550 lb/ft of torque on offer at just 4,000 rpm, the V550 offers 220 bhp more than its predecessor the Virage from broadly the same 5,340cc quad cam V8 petrol engine. While the V550 is no waif, weighing in at 1,990 kg, with so much power and torque on tap it is also ferociously fast. The 0-60 mph dash takes 4.6 seconds with a top speed of 186 mph delivered via the driven rear wheels and a sixspeed manual gearbox. Styled by designers Ken Greely and John Heffernan, the V8 Vantage V550 embraces the ‘more is more’ approach to luxury with features such as six headlights positioned in two banks of three and placed behind heated

glass cowling. While, at first glance, the car looks similar in some ways to the Virage, only a few of the aluminium panels were carried over and the overwhelming bulk of the design was new. There is the trademark Aston Martin grille plus extensive intakes and vents to support cooling of engine and brakes. To that end, the V550 features what were at the time the largest brakes available on any production car in the world. Mercifully, perhaps, Bosch four-channel ABS is standard. Inside the four flared wheel arches sit 18-inch six-spoke alloys shod with 284/45 rubber. Inside, the V550 is a

City BREAKFAST CLUB

MK

CITY BREAKFAST CLUB, MILTON KEYNES, BRINGS NETWORKING BACK

celebration of British luxury motoring. Wilton Carpets, Connolly hide and a surfeit of burr walnut veneers leave the driver and passengers in no doubt that this is an opulent place to be. The fourspoke steering wheel contains an airbag - a first for Aston Martin then - and the two front seats have a suite of electric adjustment controls mounted in the inboard bolsters. Proudly carrying the Vantage name, the V550 quickly came to represent the pinnacle of British sports car desirability, notwithstanding its price tag of around £177,000 at launch - equivalent to roughly £440,000 today. Production ran from 1993 to 1999, during which time only 239 V8 Vantage V550 were built at Newport Pagnell, making them hugely rare and desirable both at the time and today. Paul Spires, president of Aston Martin Works in Newport Pagnell - the heritage home of the Aston Martin brand and the place where many of its most iconic models, including the V8 Vantage V550, were built by hand - said: “The V550 holds a particularly special place in my heart, as I know it does

for the small band of lucky owners who possess one of these cars. “I recall the launch of the car, and can well remember the excitement among dealership staff, and buyers, as the first customer cars began to be delivered from Newport Pagnell 30 years ago. “What stands out for me

today, though, is the way the V8 Vantage V550 has matured into a genuine modern classic. It is an occasion to see one on the road, let alone be lucky enough to drive one, and I am delighted that we here at Aston Martin Works continue to service, repair and indeed now restore these exceptional cars.”

City Breakfast Club, Milton Keynes is the longest running, premier networking event giving you opportunity to meet with the city’s top business leaders. The event takes place on the first Wednesday of each month*. To book your place, visit citybreakfastclub.co.uk

“I am looking forward to ensuring we continue to deliver an informal, informative and interactive networking experience for our guests ” Steve Freeman Chairman YMCA, 1 North Sixth Street, Milton Keynes MK9 2NR 7:30 - 9:00 *No events in January and August

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Business MK | December 2023

Law firm welcomes employment associate

E

mployment law specialist Michelle Bruce (inset) has joined regional law firm Woodfines Solicitors as a senior associate. “She not only brings valuable insight and

experience, but an approachability which is highly valued both internally at Woodfines and with clients,” said Woodfines partner

and head of employment Maria Gallucci. “Michelle has quickly proved herself as an asset to the team and has hit the ground running.”

For local business news visit www.BusinessMK.co.uk


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Articles inside

Radio academy aims to back a new generation of talent

1min
page 23

A profound privilege to play a role in quest for missing airman

1min
page 23

Volunteers rally to Action4Youth’s cause

1min
page 23

SMEs shine Project probes flight turnaround emission cuts

4min
page 21

People Power Makes Business Great – Let’s Work Together

2min
page 20

Building’s potential significant in council’s vision for St Paul’s Square redevelopment

1min
page 19

The Mall gets the point of new owner’s rebrand

1min
page 19

Town centre transformation ‘a welcome boost’

1min
page 19

Safety first, warn experts as employees welcome AI

1min
pages 17-18

Study highlights call for equal leave after early end to pregnancies Man’s best friend... but not always an employer’s chum

4min
page 17

It’s clear... IT firm is putting focus on social values

2min
page 16

Values represent the essence of a business

3min
page 16

Workplace equality: Not a question of ‘Why?’, but ‘How?’

5min
page 15

Transforming the employee lifecycle in a digital workplace

3min
page 14

Public trust of AI is now urgent, say MPs

5min
pages 13-14

The new art of the possible. But safety must come first

3min
pages 12-13

Education begins now to bridge the AI skills gap

1min
page 12

Pryce has been right for the region’s Further Education

3min
pages 11-12

Five simple ways to save you tax when paying yourself from your business

1min
pages 10-11

Legislation extends redundancy protection for female employees and new parents

2min
page 10

Rural economy adds value to wider society: CLA head

1min
page 10

From a funder to foundation chair

1min
page 10

designs on growth

1min
page 10

Head of Dons: We need you to reach next level Club calls for business support for women’s teams

4min
pages 9-10

Award winners celebrate their success

1min
page 9

Surely it is time to bid farewell to this eyesore

3min
page 8

Law firm throws down new £50 Challenge

1min
page 7

Debt storm is about to break, said recovery expert

1min
page 7

Accountants pledge fundraising support

3min
page 5

Talks begin on city’s visitor economy strategy

1min
page 5

Rare, desirable and a genuine modern classic

2min
page 4

Telecoms firm is sold to tech partner

4min
pages 3-4

Council extends sustainable growth project for businesses

1min
pages 2-3

Business group aims to grow post-war UK-Ukraine trade

2min
page 2

Ten amazing days brings £6.75m into city’s economy

1min
page 1
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