Business and City in Brief
Monday 28 February 1994
Forte, the hotels group, has completed the recruitment of divisional managing directors announced last June with the appointment of Stuart May, former head of Rank's UK and US hotels business, to run its Heritage operation.
He will be responsible for 101 'character' hotels in the UK and Ireland.
New issue mooted
NM Smaller Australian Companies Trust, chaired by Andrew Buxton of Barclays, is canvassing potential demand for an issue of 'C' shares. The new equity would be structured to ensure there was no dilution of existing shareholders.
Last year was the first full year in which foreign stocks accounted for more than 50 per cent of total London equity trading, according to a survey from the London Stock Exchange. The fourth quarter was the busiest on record with the most active sectors being Japan, France and Germany.
Food for thought
Nearly a third of UK food manufacturers could be bought over the next two to three years, according to research from Price Waterhouse, the accountancy firm. French, Swiss, Italian and US multinationals are all believed to be planning acquisitions to expand their pan-European positions.
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- 3 General Election 2015: 14-year-old boy asks Nick Clegg – 'can you kill Katie Hopkins?'
- 4 University student in court for allegedly covering housemates' food in window cleaner and spit
Italian police 'reveal' what Jesus looked like as a young boy
Mysterious 'X-Files' sounds heard miles above the Earth
University student in court for allegedly covering housemates' food in window cleaner and spit
Garland shooting: Isis claims attack on Prophet Mohamed cartoon contest in Texas as its first action on US soil
Met Gala 2015: Beyoncé manages to out-skimp Rihanna, Miley and Kim Kardashian combined with near-naked ensemble
In defence of liberal democracy
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
General election live: SNP suspends two members for disrupting Labour rally
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
Andy McSmith's Sketch: Feisty audience is the real star of an enlightening show
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