Business and City in Brief

German rates near

lowest point The German interest rate cycle will soon have reached its lowest point and any further rate cut will be small, the chairman of Germany's council of economic experts, or five wise men, forecast.

'It is thoroughly possible that we will have another small interest rate cut during the winter,' the council's chairman, Herbert Hax, said. 'But I have the impression that we will soon have come to the end of the interest rate cuts.'

Chinese link

China said it had completed all but the final 500 kilometres of a 21,000-kilometre fibre-optic cable communications link to Europe. The project will boost digital communications between China and Europe. About a third of the cable lies within China, with the rest traversing countries including Kazakhstan, Iran, Ukraine and Austria before terminating in Germany.

Roger Wallwork

Roger Wallwork, former finance director of Hollas, the clothing group, received no compensation for loss of office, contrary to the impression conveyed last Thursday. The sum of pounds 280,000 was paid to Tony Lawson, who lost his job as chief executive, but remains as non-executive chairman.

TODAY

Interims: Bullough, Clinical Computing, Greggs, Harry Ramsden's, St Andrew Tst.

Finals: Abtrust Scotland Investment Tst, Marling Industries, Merrydown Cider.

TOMORROW

CBI industrial trends survey for July.

Interims: Allied Textile Companies, Continental Assets, European Assets Tst, Gartmore British Income & Growth, HJ Joel Gold, M&G Dual Tst, Randfontein Estates, Rights & Issues Investment Tst, Shandwick, Temple Bar Investment Tst, Western Areas Gold.

Finals: Consolidated Murchison, Dalepak Foods, Fleming Emerging Mkts, Geared Income Investment Tst, Gibbs Mew, Misys, Murray Smaller Mkts Tst, Stagecoach Hldg.

WEDNESDAY

Second-quarter bricks and cement production and deliveries, second-quarter mortgage repossessions, first-half mortgage arrears and possessions.

Interims: BAT Industries, BT, Lex Service, Lloyds Abbey Life, Millgate, Murray Split Capital Tst, Reuters Hldg, Scottish National Tst, Spargo Consulting, Specialeyes, Standard Platform, Thornton Asian Emerging Markets Investment Tst.

Finals: Abtrust Preferred Income, Birkdale Gp, J&J Dyson, Fleming Emerging Markets, Govett Emerging Markets, MITIE Gp, Pex, Rubicon Gp, Shield Gp, Verson International.

THURSDAY

May energy trends; digest of UK energy statistics for 1993; major British banking groups' mortgage lending for June; new vehicle registrations for June.

Interims: Admiral, Ayrshire Metal Prods, Blagg, Chieftain Gp, Contra-Cyclical Investment Tst, Danka Business Systems, Derby Tst, Fleming Fledgeling, Green Property, ICI, John I Jacobs, Motor World, Premier Health, Sphere Investment Tst, Witan Investment Tst.

Finals: Sidney C Banks, Govett American Smaller, Jersey Phoenix Tst, Prior, Radiant Metal Finishing, Unitech.

FRIDAY

July economic trends; monthly digest of statistics for July.

Interims: African Lakes Corporation, BAA, Lloyds Bank.

Finals: Andrews Sykes, Electric & General Investment Tst, Flagstone Hldg, John Lusty Gp, Radiant Metal Finishing.

Start your day with The Independent, sign up for daily news emails
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Guru Careers: Pricing Analyst

£30 - 35k: Guru Careers: We are seeking a Pricing Analyst to join a leading e-...

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + OTE £45K YR1: SThree: At SThree, we like to be dif...

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is a mul...

Guru Careers: C# Project Team Lead

£55 - 65k (DOE): Guru Careers: A unique opportunity for a permanent C# Develop...

Day In a Page

Fifa corruption: The 161-page dossier that exposes the organisation's dark heart

The 161-page dossier that exposes Fifa's dark heart

How did a group of corrupt officials turn football’s governing body into what was, in essence, a criminal enterprise? Chris Green and David Connett reveal all
Mediterranean migrant crisis: 'If Europe thinks bombing boats will stop smuggling, it will not. We will defend ourselves,' says Tripoli PM

Exclusive interview with Tripoli PM Khalifa al-Ghweil

'If Europe thinks bombing boats will stop smuggling, it will not. We will defend ourselves'
Raymond Chandler's Los Angeles: How the author foretold the Californian water crisis

Raymond Chandler's Los Angeles

How the author foretold the Californian water crisis
Chinese artist who posted funny image of President Xi Jinping facing five years in prison as authorities crackdown on dissent in the arts

Art attack

Chinese artist who posted funny image of President Xi Jinping facing five years in prison
Marc Jacobs is putting Cher in the limelight as the face of his latest campaign

Cher is the new face of Marc Jacobs

Alexander Fury explains why designers are turning to august stars to front their lines
Parents of six-year-old who beat leukaemia plan to climb Ben Nevis for cancer charity

'I'm climbing Ben Nevis for my daughter'

Karen Attwood's young daughter Yasmin beat cancer. Now her family is about to take on a new challenge - scaling Ben Nevis to help other children
10 best wedding gift ideas

It's that time of year again... 10 best wedding gift ideas

Forget that fancy toaster, we've gone off-list to find memorable gifts that will last a lifetime
Paul Scholes column: With the Premier League over for another year, here are my end of season awards

Paul Scholes column

With the Premier League over for another year, here are my end of season awards
Heysel disaster 30th anniversary: Liverpool have seen too much tragedy to forget fateful day in Belgium

Liverpool have seen too much tragedy to forget Heysel

Thirty years ago, 39 fans waiting to watch a European Cup final died as a result of a fatal cocktail of circumstances. Ian Herbert looks at how a club dealt with this tragedy
Amir Khan vs Chris Algieri: Khan’s audition for Floyd Mayweather may turn into a no-win situation, says Frank Warren

Khan’s audition for Mayweather may turn into a no-win situation

The Bolton fighter could be damned if he dazzles and damned if he doesn’t against Algieri, the man last seen being decked six times by Pacquiao, says Frank Warren
Blundering Tony Blair quits as Middle East peace envoy – only Israel will miss him

Blundering Blair quits as Middle East peace envoy – only Israel will miss him

For Arabs – and for Britons who lost their loved ones in his shambolic war in Iraq – his appointment was an insult, says Robert Fisk
Fifa corruption arrests: All hail the Feds for riding to football's rescue

Fifa corruption arrests

All hail the Feds for riding to football's rescue, says Ian Herbert
Isis in Syria: The Kurdish enclave still resisting the tyranny of President Assad and militant fighters

The Kurdish enclave still resisting the tyranny of Assad and Isis

In Syrian Kurdish cantons along the Turkish border, the progressive aims of the 2011 uprising are being enacted despite the war. Patrick Cockburn returns to Amuda
How I survived Cambodia's Killing Fields: Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape the US

How I survived Cambodia's Killing Fields

Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape to the US
Stephen Mangan interview: From posh buffoon to pregnant dad, the actor has quite a range

How Stephen Mangan got his range

Posh buffoon, hapless writer, pregnant dad - Mangan is certainly a versatile actor