Business and City in Brief
Monday 25 July 1994
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.'
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, 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.
Interims: Bullough, Clinical Computing, Greggs, Harry Ramsden's, St Andrew Tst.
Finals: Abtrust Scotland Investment Tst, Marling Industries, Merrydown Cider.
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.
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.
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.
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.
Sales of the tablet are set to fall again, say analysts
Met Police confirm there was a 'minor disturbance' and that no-one was arrested
George Lucas criticises the major Hollywood film studios
Does Chris Grayling realise what a vague concept he is dealing with?
Trend which requires crisps, a fork and a strong stomach is sweeping Mexico's streets
Parties threaten resort's image as a family destination
I Am Bread could actually be a challenging and nuanced title
- 1 Indian footballer Peter Biaksangzuala dies after injuring spine doing somersault celebration
- 2 Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
- 3 Banksy arrest hoax: Internet duped by fake report claiming that the street artist's identity has been revealed
- 4 Drink alcohol and eat meat to improve male fertility - but cut down on coffee, studies suggest
- 5 Brian Harvey turns up at Downing Street and 'demands to speak to Prime Minister'
Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
Banksy arrest hoax: Internet duped by fake report claiming that the street artist's identity has been revealed
'Russian submarine spotted' by Swedish military off coast of Stockholm
Brian Harvey turns up at Downing Street and 'demands to speak to Prime Minister'
Kentucky gang rape: 15-year-old boy left in critical condition after sexual attack by group at party
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Residents should throw a street party and mix with immigrant neighbours, councils told
Russell Brand threatened with arrest after filming outside Fox News headquarters
London bus driver allegedly kicks gay couple off for kissing
Amal Alamuddin calls for the return of the Elgin Marbles from Britain: 'Injustice has persisted for too long'
Lord Freud: Tory welfare minister apologises after saying disabled people are 'not worth’ the minimum wage
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