Briefing
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.
- 1 What, let gays get married? We must be bonkers
- 2 Rocky Horror star Tim Curry 'suffers major stroke'
- 3 Exclusive: How MI5 blackmails British Muslims
- 4 EDL marches on Newcastle as attacks on Muslims increase tenfold in the wake of Woolwich machete attack which killed Drummer Lee Rigby
- 5 Farewell, Shameless. Your heirs have work to do
Get your summer started with British Military Fitness
BMF is the UK’s biggest and best loved outdoor fitness classes
Visit York
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Making reading fun for kids
Nook is donating eReaders to volunteers at high-need schools and participating in exclusive events throughout the campaign.
Introducing the 'Get Reading' campaign
Get the latest on The Evening Standard's campaign to get London's children reading.
Enter the latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Business videos from commercial thought leaders
Watch the best in the business world give their insights into the world of business.
Day In a Page
Andrew Mitchell: 'It's no good feeling hard done by'
Corruption and the FCO: Blue skies, white sands, dark clouds
Fallen angel: Winona Ryder bounces back
Patrick Cockburn: Civil war looms in Iraq
Conquering Everest: 60 facts about the world's tallest mountain
Killing with kindness: Burma's religious battleground


Comments