The rumour mill is rumbling with speculation that Sir Terence Conran could be thinking about selling up following the £150m sale of the Great Eastern Hotel, in which he has a 50% stake. City Diary, in The Times, says it understands Sir Terrence discussed the possibility of giving Conran Holdings chief executive Des Gunewardena the chance to launch a management buyout. The Times 18/02/06 page 58 (City Diary)