Tuesday 09 June 1998
A YEAR ago the economists of the Bank for International Settlements saw some of the potential tensions in East Asia that lead to the collapses there.
Now they warn of continuing tensions as the dollar climbs and the US current account deficit mounts; a European Central Bank struggling to balance the different monetary needs of core and fringe Europe; and an Asian crisis that is still far from resolved. Hamish McRae examines the new BIS report, page 21.
Unigate still wants
parts of Hillsdown
UNIGATE, THE fresh foods and dairy group which dramatically abandoned a pounds 1.6bn bid for Hillsdown Holdings last month, said yesterday that it remained interested in acquiring parts of Hillsdown but was unlikely to launch another bid. "We can't see the circumstances under which we would go back for the whole of Hillsdown," said Sir Ross Buckland, Unigate's chief executive.
Investment Column 23.
British Land attacks tax changes
INNER CITY redevelopment is being held back because of the government's "insidious" and "unpredictable" tax system, said a key developer, British Land, yesterday.
The company reported a 39 per cent increase in pre-tax profits to pounds 127.2m, but said tax changes had limited its increased net asset value to 592p instead of 628p.
Investment Column 23.
Presents unwrapped, turkey gobbled... it's time to relax
- 1 Jennifer Lawrence scores first UK top 40 single with Hunger Games track 'The Hanging Tree'
- 2 Shia LaBeouf claims he was raped during #IAMSORRY art installation performance
- 3 'You should come to my house and eat cheeses with me': 4-year-old sends adorable love letter to girl at school
- 4 Scientists predict green energy revolution after incredible new graphene discoveries
- 5 Michael Buerk wishes he killed Jimmy Savile when he had the chance - by pushing him overboard a cruise ship
Sean Abbott: Messages of support flood in for bowler after death of Phil Hughes
Dr Lam Hoe Yeoh: Voyeur doctor jailed for eight years after using network of hidden cameras to film patients, colleagues and friends on the toilet
Kim Jong-un 'in dire need of allies' within his own government as younger sister appointed to senior role
Scientists predict green energy revolution after incredible new graphene discoveries
Michael Buerk wishes he killed Jimmy Savile when he had the chance - by pushing him overboard a cruise ship
Obama: The only people with the right to object to immigration are Native Americans
Ukip says babies born to immigrants in the UK should be classed as migrants – which would include Nigel Farage’s own children
The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
Ukip mocked after mistaking Westminster Cathedral – for a mosque
David Cameron sets out immigration reforms: We should distrust Ukip and their 'snake-oil of simple solutions'
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