A WEEK IN BUSINESS
Sunday 27 August 1995
LONDON Clubs, the casino operator, climbed 22.5p to 425p, more than double its flotation price, after rumours of a looming takeover bid from Ladbroke and reports that the world's biggest casino gambler, Australian tycoon Kerry Packer, had dropped pounds 20m at the tables recently.
AIRTOURS, the package holiday company, saw its shares languishing at 358p, down 21p on the week, due to a glut in the market. With Britons enjoying the hot summer at home, the industry has racked up 1 million unsold packages.
Greasy pole (up)
BARRY DALE, the ex-chief executive of Littlewoods who was sacked last March by the ruling Moores family, emerged at the head of a consortium offering around pounds 1.1bn for the shops and pools group.
Greasy pole (down)
HANS RAUSING, the elder of the two brothers whose Tetra Pak business created the richest family in Britain, announced plans to retire. Brother Gad will take over.
Nice little earner
ARCHIE NORMAN, the chief of supermarket chain Asda, packed extra share options worth pounds 250,000 into his trolley, bringing the value of his total option package to more than pounds 5.5m.
FRESH doubts were raised about the entire process of rail privatisation after the Government was forced to shelve plans to franchise the flagship West Coast service.
"A BOLD, brave and utterly charming latter-day buccaneer" - Lord Hanson on his business partner Lord White, who died on Thursday after a long illness. He was 72.
CHEMICALS giant ICI was fined $10m in a US court for rigging prices in the American explosives market. The fine is the largest for a single defendant in a criminal anti-trust case.
MICROSOFT'S much-hyped Windows 95 operating software package finally arrived in the shops. Pirated versions have been on sale in Moscow for six months.
AFTER resisting Southern Electric International, South West Electricity Board finally said investors should accept the US utility's pounds 1.1bn bid. Sweb bosses will pocket pounds 1m.
Place your bets
Rain to fall on the London Weather Centre tomorrow? Ladbrokes is quoting four to seven.
WH Smith axed 1,000 jobs from its core chain while reporting its first profits decline for 20 years.
- 1 VMAs 2015: Was Nicki Minaj and Miley Cyrus' awkward acceptance put-down real or staged?
- 2 If you're not already angry about the migrant crisis, here's a history lesson to remind you why you really should be
- 3 Rules on 5p plastic bags likely to lead to arguments at the check-out
- 4 Chaos breaks out in courtroom as father attacks killer of three-year-old daughter
- 5 Blood Moon and Supermoon: September to bring brightest – and dimmest – full Moon of the year on same night
VMAs 2015: Was Nicki Minaj and Miley Cyrus' awkward acceptance put-down real or staged?
Bank Holiday Monday opening times: Are Tesco, Asda and other supermarkets open today?
The nine most warmongering countries in the world revealed
Isis releases graphic video showing four Shia 'spies' being burned alive in Anbar, Iraq
Blood Moon and Supermoon: September to bring brightest – and dimmest – full Moon of the year on same night
Climate change: 2015 will be the hottest year on record 'by a mile', experts say
'Women only' train carriages: Jeremy Corbyn unveils radical move to tackle public harassment
Jeremy Corbyn calls Osama bin Laden's killing a 'tragedy' - but was it taken out of context?
Black holes are a passage to another universe, says Stephen Hawking
Tony Blair attacks Jeremy Corbyn's 'Alice In Wonderland' politics
Theresa May says migrants should be banned from entering the UK unless they have jobs lined up
iJobs Money & Business
£25000 - £30000 per annum: Recruitment Genius: From modest beginnings the comp...
£35000 - £40000 per annum: Recruitment Genius: From modest beginnings the comp...
£15000 - £65000 per annum: Recruitment Genius: This is an exciting opportunity...
£18000 - £20000 per annum: Recruitment Genius: This is a fantastic opportunity...