A WEEK IN BUSINESS
Sunday 20 August 1995
SHARES in Fisons, the drugs company, spurted 67.5p to 264.5p after Rhone- Poulenc Rorer pounced with a pounds 1.7bn hostile bid.
MDIS, the computer services group, fell 19p to 70p after appalling the stock market with a third profits warning in less than a year (see above).
Greasy pole (up)
TERRY MAHER, the outspoken entrepreneur who was ousted two years ago from Pentos, the then Dillons and Rymans group, is planning a comeback. The first branch of Maher The Bookseller is due to open in November.
Greasy pole (down)
TONY BRAK, the public affairs co-ordinator for Shell International, will take early retirement. Shell denied his departure had anything to do with the Brent Spar fiasco.
Nice little earner
JOHN Clare, chief executive of Dixons Group, got a 25 per cent pay rise to pounds 402,000. His boss, Stanley Kalms, got a 12 per cent rise to pounds 669,000.
INDIVIDUAL investors got kicked twice. The Stock Exchange said it was removing a rule that forces large flotations to offer shares to the public and Crest, the new settlement scheme, revealed high transaction fees.
"THESE figures are a disaster for the unemployed and their families. They indicate the Government's much-vaunted economic recovery is no more than a dead fat cat's bounce." - Labour spokesman Ian MacCartney after unemployment rose for the first time in two years.
COMPANY directors are being disqualified at double the pace of a year ago under a crackdown by the Insolvency Service. Some 1,400 applications are before the courts for offences such as misusing National Insurance Contributions funds.
ANGRY gardeners stormed the annual meeting of Southern Water to complain about the hosepipe ban caused by hot dry weather and the utility company's inability to stop leaks from its mains.
RANK Organisation announced plans for a pounds 2bn resort in Florida with Seagram Company's MCA film studio. To be called Universal's Islands of Adventure, it will have five themed islands, including one based on Stephen Spielberg's Jurassic Park.
Place your bets
ODDS of A level results setting a new record level of passes in 1996? Ladbrokes is quoting 4 to1 on.
- 1 Scottish referendum: So how about the English now being given a chance to split from England?
- 4 Matthew Miller: American sentenced to hard labour in North Korea 'wanted to be Snowden II'
- 5 Iranian blogger found guilty of insulting Prophet Mohammad on Facebook sentenced to death
Stamford Hill council removes 'unacceptable' posters telling women which side of the road to walk down
Kim Kardashian 'nude pictures' leaked on 4chan weeks after Jennifer Lawrence 'The Fappening' scandal
Isis in Syria: 60,000 Kurds flee terror in new exodus
Iranian blogger found guilty of insulting Prophet Mohammad on Facebook sentenced to death
4Chan naked photos leak: Celebrity Twitter reactions to the mass breach of privacy
Scottish independence referendum: A nation divided against itself
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Russia freezes Ukraine into submission: Kiev admits country doesn't have enough fuel for winter
Archbishop of Canterbury admits doubts about existence of God
Portuguese academic says British are 'filthy, violent and drunk'
iJobs Money & Business
£400 - £450 Per Day: Clearwater People Solutions Ltd: **URGENT CONTRACT ROLE**...
Up to £100k or £450p/d: Saxton Leigh: My client is a leading commodities tradi...
£320 - £330 per day: Ashdown Group: The Ashdown Group have been engaged by a l...
To £75,000 + Pension + Benefits + Bonus: Saxton Leigh: My client is looking f...