flotation

February saw a major raid where boats, engines, life vests and flotation devices for children were seized in Germany with 19 arrests - but these were made under Belgian and French judicial orders.

The NCA said they did not meet UK or EU safety standards and would not have served as adequate flotation aids in deep water.

With enough advertising dollars behind it, Pojar thinks renaming waterbeds “flotation sleep systems with temperature control” could bring in new customers.

Royal Mail director Les Owen had wanted to include a reference to the Horizon IT system in the prospectus for the flotation.

Ms Vennells also conceded that Horizon fallout would have upset the Royal Mail stock market flotation.