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.
- 1 Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
- 2 The secret report that helps Israelis to hide facts
- 3 Danish TV reporter is all business up top, all party down below
- 4 Ross Burden dead: MasterChef and Ready Steady Cook star, dies aged 45
- 5 Businessman charged £75 for three small bottles of water in London hotel
Danish TV reporter is all business up top, all party down below
Israel-Gaza conflict: President Obama presses Netanyahu to call ‘immediate and unconditional’ Gaza ceasefire
Ross Burden dead: MasterChef and Ready Steady Cook star, dies aged 45
Zayn Malik on Israel-Gaza: One Direction singer bombarded with Twitter death threats after posting #FreePalestine
MH17 crash: Black boxes show plane suffered 'massive explosive decompression' following shrapnel hit
The secret report that helps Israelis to hide facts
A day in the life of Vladimir Putin: The dictator in his labyrinth
Were 'Poor Doors' added to mixed developments so wealthy residents don't have to go in alongside social housing tenants?
A new Russian revolution: The cracks are starting to appear in Putin’s Kremlin power bloc
Arizona execution lasts two hours as killer Joseph Wood left 'snorting and gasping' for air
Opponents of Israel's military operation in Gaza are the real enemies of Middle Eastern peace
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