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.
Katie Hopkins continues campaign to become Britain's most hated talking head with poorly timed Bob Crow tweet
No EU referendum under Labour: Ed Miliband to reveal that vote on membership is ‘unlikely’ in next Parliament if party wins power
Grace Dent: Who cares if she spells it Barraco Barner? Gemma Worrall is more employable than some bookish arts graduate
Europeans have ‘got whiter’ due to natural selection in past 5,000 years, scientists say
Fracking is turning the US into a bigger oil producer than Saudi Arabia
The rise of Ukip: Study warns Labour that Eurosceptic party's electoral base now 'more working class than any of the main parties'
- 1 Is your name now 'banned' in Saudi Arabia?
- 2 Tony Benn meets Ali G: Watch Labour veteran burn Sacha Baron Cohen
- 3 Women do experience two different types of orgasm, study reveals
- 4 Istanbul protesters take 'Ellen selfie' from the back of a police van
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