Business and City Summary

Israeli bankers go to jail

An Israeli court yesterday sent former top banking officials to jail for a 1983 share scandal that shook the country and cost the government dollars 9bn.

Jerusalem District Court Judge Miriam Naor imposed sentences of up to eight months on the former heads of Israel's top banks, found guilty in February of fraud in the country's biggest financial scandal. The bankers, eager to profit on a flood of money they saw depositors enjoying in the early 1980s, were accused of promoting their own banks' shares and propping the prices up artificially.

London attractions

London is currently the most attractive European city for hotel investment, according to a survey from Pannell Kerr Forster, Salomon Brothers and Jones Lang Wootton. Favourable exchange rates, low interest rates and property values all favour London, at the expense of recession-hit cities in Germany and Eastern Europe.

Park's process

Park Food Group, the UK's leading supplier of Christmas hampers, is investing pounds 4m in a new high-technology food process for which it is the sole UK licensee. Park will build a new plant for the process next to its head office in Birkenhead. The company said progress at Handling Solutions, the promotions management company it bought for pounds 9.3m in December 1993, was 'up to the board's best expectations'.

TODAY 11.4.94

Interims: Orb Estates

Finals: Alpha Airports Group, Bilton, Burmah Castrol, Dinkie Heel, London & Manchester, QS Holdings, Wakebourne

AGMs: Fyffes, Henlys, Harry Ramsden's, Regina, TR Pacific Inv Trust, Thornton Pan Euro Inv

EGMs: John Mowlem, NM Smaller Australian, Shandwick

Economic statistics: Credit business (Feb).

TOMORROW 12.4.94

Interims: Five Oaks Invs

Finals: Blockleys, Bostrom, Dewhirst, Dolphin Packaging, Erith, FR, Hungarian Inv. Co, Lopex, Scottish Television, Tesco, Walker Greenbank, Yule Catto

AGMs: BICC, Capita Grp, Dolphin Packaging, F&C Enterprise Trust, Gartmore, Grafton, Heywood Williams, Metal Bulletin, Reuters, Yorkshire-Tyne Tees

EGMs: Claremont Garments, Dale Electric, Grafton, Reuters.

WEDNESDAY 13.4.94

Interims: Aberforth Split Level Trust (3rd interim div), Barry Wehmiller Int, Smiths Inds

Finals: Laura Ashley, New City & Commercial Inv Trust, Nurdin & Peacock, RMC, Savoy Hotels

AGMs: British Vita, T Cowie, F&C Inv. Trust, Schlumberger, Vivat Hdgs

EGMs: T Cowie

Economic statistics: Index of production and construction for Wales (Q4), Survey of Agriculture: Dec '93 results for Wales.

THURSDAY: 14.4.94

Interims: Prestwick

Finals: Blue Circle Inds, Brooks Service, Forte, Hunting, Ipeco Hdgs, Lamont Hdgs, William Sindall, Storm, Swallowfield, Tudor

AGMS: British Bio-Technology, Crest Nicholson, Leslie Wise, Lloyds Abbey Life, Malvern UK Index Trust, Misys, Sedgwick

EGMs: Holliday Chemical, Try

Economic statistics: Machine tool orders (Feb), balance of visible trade (Jan).

FRIDAY 15.4.94

Interims: Save & Prosper Linked Inv (2nd interim div)

Finals: Campari Int, Elys (Wimbledon), Foreign & Colonial Pacific Inv Trust, Renown, Wembley

AGMs: Boddington, London Forfaiting, St Modwen Properties

EGMs: Era, Simon Engineering

Economic statistics: Usable steel production, RPI, capital issues and redemptions (all March), UK economic accounts (Q4).

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

Recruitment Genius: Sales Assistant / Buyer

£15000 - £17000 per annum: Recruitment Genius: This company offers a range of ...

Recruitment Genius: Customer Service Advisor

£15000 - £16000 per annum: Recruitment Genius: Customer Service Advisors are r...

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + OTE £45K: SThree: SThree were established in 1986....

Recruitment Genius: Compliance Manager

£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...

Day In a Page

Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate
Greece debt crisis: What happened to democracy when it’s a case of 'Vote Yes or else'?

'The economic collapse has happened. What is at risk now is democracy...'

If it doesn’t work in Europe, how is it supposed to work in India or the Middle East, asks Robert Fisk
The science of swearing: What lies behind the use of four-letter words?

The science of swearing

What lies behind the use of four-letter words?
The Real Stories of Migrant Britain: Clive fled from Zimbabwe - now it won't have him back

The Real Stories of Migrant Britain

Clive fled from Zimbabwe - now it won’t have him back
Africa on the menu: Three foodie friends want to popularise dishes from the continent

Africa on the menu

Three foodie friends want to popularise dishes from the hot new continent
Donna Karan is stepping down after 30 years - so who will fill the DKNY creator's boots?

Who will fill Donna Karan's boots?

The designer is stepping down as Chief Designer of DKNY after 30 years. Alexander Fury looks back at the career of 'America's Chanel'
10 best statement lightbulbs

10 best statement lightbulbs

Dare to bare with some out-of-the-ordinary illumination
Wimbledon 2015: Heather Watson - 'I had Serena's poster on my wall – now I'm playing her'

Heather Watson: 'I had Serena's poster on my wall – now I'm playing her'

Briton pumped up for dream meeting with world No 1
Wimbledon 2015: Nick Bollettieri - It's time for big John Isner to produce the goods to go with his thumping serve

Nick Bollettieri's Wimbledon Files

It's time for big John Isner to produce the goods to go with his thumping serve
Dustin Brown: Who is the tennis player who knocked Rafael Nadal out of Wimbeldon 2015?

Dustin Brown

Who is the German player that knocked Nadal out of Wimbeldon 2015?
Ashes 2015: Damien Martyn - 'England are fired up again, just like in 2005...'

Damien Martyn: 'England are fired up again, just like in 2005...'

Australian veteran of that Ashes series, believes the hosts' may become unstoppable if they win the first Test