Boss dumps shares

THE former finance director of collapsed construction giant Carillion “dumped” the last of his shares – worth hundreds of thousands of pounds – at the first possible moment, it has been revealed. Richard Adam retired at the end of December 2016. In March and May 2017, he sold shares worth £776,000. He said: “I sold the shares that I was eligible to sell when I was invited to do so by the company as I retired.” BRITISH astronaut Tim Peake has thanked his mum and dad for their “unwavering support” as he was presented with the freedom of his home city.

Chichester City Council awarded the highest honour it can bestow on Major Peake at a ceremony attended by 1,200 people.

Mayor Peter Evans presented the title at the Chichester Festival Theatre before Maj Peake, 45, gave a talk about the European Space Agency’s Principia Mission.

Maj Peake said: “None of this would have been possible at all without the immense support from family and friends.

“Despite choosing a career path from an early age that has had more than its fair share of risk, my parents have always provided the encouragement and unwavering support to help me to succeed. Thank you mum and dad.”

Maj Peake, whose mission to the International Space Station (ISS) began in December 2015, was born in Chichester and attended the West Sussex city’s High School for Boys, which has named its science centre after him. His parents live in nearby Westbourne. The Freedom of Chichester was an honour adopted in 1901, but its origins date back to the 12th and 13th centuries.