Business and City in Brief
Monday 04 October 1993
The Renault-Volvo merger could result in up to 10,000 job losses in Sweden as assembly work and component contracts are switched to lower-cost sites in France and elsewhere, according to a report by British academics.
The team, led by Karel Williams of the University of Manchester and Colin Haslam from the University of East London, argues that Swedish workers are most vulnerable because of their higher wages, shorter working hours and better social benefits.
GAS BREAK-UP BACKED
Eight in ten consumers believe that abolishing British Gas's monopoly in domestic supplies would bring lower prices, according to a survey carried out by ICM for independent gas supply companies.
A slow upturn in the housing market is spreading from the South of the country, with home-owners more confident of trading up and repossessions down, according to a survey by National Westminster Bank.
Medeva, the troubled drugs group, faces a challenge over its hepatitis B vaccine, Hepa-Gene- 3, in a case that opens in the High Court today. Biogen, a US group claims Hepa-Gene-3 infringes the patent on its own hepatitis B vaccine, which is licensed to SmithKline Beecham and Merck.
NORTH WEST CONTRACT
North West Water is sharing in a pounds 285m contract to upgrade water and sewerage services in Mexico City. Later stages of the project may be worth a further pounds 100m.
UK credit business (Aug); monetary statistics - including bank and building society balance sheets, bank and building society sterling, lending and M4 quarterly sectoral analysis (Aug) and M0 figures (Sep); bill turnover statistics (Aug); sterling commercial paper (Aug); money market statistics (Aug); London sterling certificates of deposit (Aug); US construction spending (Aug).
Interims: Bilton, Bisichi Mining, BLP Group, Capital & Regional Properties, Eidos, Jove Investment Trust, London & Associated Investment Trust, North British Canadian Investment Company, QS Holdings.
UK official reserves (Sep); housing starts and completions (Aug); house renovations (Q2).
Interims: Baillie Gifford Technology, Doeflex, Fine Decor, Johnston Group, Silentnight Holdings, Walker Greenbank.
Finals: Amstrad, A Beckman, James Halstead, Raine, Barry Wehmiller.
UK Overseas travel and tourism (July); advance energy statistics (June-Aug).
Interims: Abbott Mead Vickers, Bank of Scotland, Blyvooruitzicht Gold Mining, David Brown, Durban Roodepoort Deep, East Rand Property Mines, Grampian Holdings, Harmony Gold Mining, Hewden Stuart, Kleinwort Endowment Pol, Austin Reed, Time Products.
Finals: Ex-Lands, Manchester United, Paramount.
Details of UK employment, unemployment, earnings, prices and other indicators; cyclical indicators for the UK economy (Aug - first estimate).
Interims: Abbeycrest, Anglo American Investment Trust, Beradin Holdings, Campari International, Clarke Nickolls & Coombs, Etam, Higgs & Hill, T J Hughes, Lamont Holdings, London & Overseas Freighter, MR Data Management, Padan Senang, Singapore Rubber. Finals: Burn Stewart Distillers, Galliford, Lloyds Chemists, Merivale Moore, Prestwick Holdings.
US non-farm payrolls and unemployment rate (Sep).
Interims: A Cohen & Co, Hi- Tec Sports.
Children's bookseller wins The Independent's new author search
Board creates magnetic field to achieve lift
- 1 Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
- 2 Banksy arrest hoax: Internet duped by fake online report claiming artist's identity has been revealed
- 3 Former East 17 frontman Brian Harvey turns up at Downing Street and 'demands to speak to Prime Minister'
- 4 Kentucky gang rape: 15-year-old boy left in critical condition after sexual attack by group at party
- 5 Paralysed man Darek Fidyka walks again after treatment by British doctors on brink of 'cure'
Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
Oscar de la Renta dead: Legendary US fashion designer dies after long cancer battle aged 82
Oscar Pistorius: The brutal prison life that awaits disgraced athlete
Banksy arrest hoax: Internet duped by fake online report claiming artist's identity has been revealed
Super-sized ships arrive in Britain: How big can they get?
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 'kicks gay couple off for kissing'
Jose Manuel Barroso warns David Cameron against making 'historic mistake' over immigration reforms
Worst Airports of 2014: Poll names Islamabad airport in Pakistan worst in the world
iJobs Money & Business
£23000 per annum + pension and 22 days holiday: Ashdown Group: An established ...
£27000 per annum + pension, 22 days holiday: Ashdown Group: An established ind...
£23000 - £26000 Per Annum: Clearwater People Solutions Ltd: Our client is curr...
£25 - 30k: Guru Careers: A Corporate Actions Administrator / Operations Admini...