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.
- 1 I was a Woman Against Feminism too
- 2 Fifty Shades of Grey movie trailer released: First look at Jamie Dornan as Christian Grey
- 3 Is Gideon Levy the most hated man in Israel or just the most heroic?
- 4 Students offered grants if they tweet pro-Israeli propaganda
- 5 The Tory donor whose firm is one of Britain’s biggest tax avoiders - with HMRC's blessing
Vladimir Putin employs a full-time food taster to ensure his meals aren't poisoned
Peaches Geldof: Her final day – and her fatal decision
Students offered grants if they tweet pro-Israeli propaganda
Israel-Gaza conflict: Israel may have committed war crimes, says UN human rights chief
Taiwan plane crash: Typhoon Matmo could have caused TransAsia Airways disaster, airline suspects
Malaysia Airlines MH17 crash: Vladimir Putin is given 'one last chance' to end hostilities in Ukraine
The 'scroungers’ fight back: The welfare claimants battling to alter stereotypes
The truth about conspiracy theories is that some require considering
Arizona execution lasts two hours as killer Joseph Wood left 'snorting and gasping' for air
Malaysia Airlines MH17 crash: Ukrainian military jet was flying close to passenger plane before it was shot down, says Russian officer
Malaysia Airlines MH17 crash: Massive rise in sale of British arms to Russia
iJobs Money & Business
£18000 - £20000 per annum + OTE £25K: SThree: SThree Group has been well estab...
competitive: Progressive Recruitment: This really is a fantastic chance to joi...
£40000 - £60000 per annum + BONUS + BENEFITS: Harrington Starr: CXL, Triple Po...
£60000 - £75000 per annum + BONUS + BENEFITS: Harrington Starr: Business Anal...