Friday 01 September 1995
Rocco has decreed that the 300 staff should thus receive a pounds 1,000 one- off compensation payment each, leaving him with a hefty pounds 300,000 bill. While not enough for some, it should buy an awful lot of sandwiches.
Not content with streamlining its equities desk for that 'pan- European' approach, Credit Lyonnais Securities has decided to go long on the German market. Sources say it wants to recruit fresh blood to bolster Germanic efforts.
To start the ball rolling it has picked up the red-headed Hans-Peter Wodniok from Robert Fleming to be its man on the spot. Wodniok, who spent five years as head of German research for James Capel before moving to Fleming, becomes head of German equity research and sets up shop today in Hamburg.
Orange, the digital mobile phone network, has turned a few faces red in its quest to cover the nation. Church towers are ideal for transmitters and prove popular with parishes whose fabric funds benefit from the rental income.
But plans to install two dishes - each just 2ft in diameter - on the tower of historic Beverley Minster have run into trouble. The dishes were welcomed by the Parochial Church Council, but turned down by the local authority. A case for divine intervention perhaps?
Bill Gates and Warren Buffet will be going on holiday together in September. But before you rush to carry their bags you should know that the bulk of the billionaire buddies' trip will be spent on a train travelling through China. Buffet wouldn't comment on his travel plans but Microsoft said that the trip was a personal vacation for Gates and his wife.
The software chief will no doubt be glad of some relaxation after months spent preparing for the introduction of Windows 95, and battling the Justice Department's antitrust investigation.
The British Heart Foundation - this year's nominated charity of the Lord Mayor of London, the Rt Hon Christopher Walford - has come up with a blooming good idea to raise cash. It has linked up with Age Concern and the Imperial Cancer Research Fund to cut a swathe through the fresh flower market - worth around pounds 946m a year.
All profit from the charities' Guernsey-based, and wholly owned, Charity Flowers Direct company will go back to the charities. The founders estimate mail order sales will top pounds 18m this year.
- 1 I'm A Celebrity 2014: Jungle security stepped up after murder and 'suspicious death' near to camp
- 2 To help fuel their propaganda machine against the poor, our government has now decided to redefine the word 'welfare'
- 3 Jeremy Hunt: 'I took my children to A&E because I didn't want to wait for GP appointment'
- 4 Girl, 7, gets Tesco to remove 'stupid' sign suggesting superheroes are 'for boys'
- 5 This letter from a reader explains why women can’t play football
Sarah Vine criticises lesbian mother Jack Monroe: 'If she was unsure about her sexuality, she should have taken greater precautions'
'Kidnapped boy may have been abused and murdered by VIP paedophile ring,' say police
Black Friday 2014: Opening times for Asda, John Lewis, PC World, GAME and Argos
Jeremy Hunt: 'I took my children to A&E because I didn't want to wait for GP appointment'
Michael Brown shooting: Driver smashes into crowd as protests erupt across the US during a second night of unrest
Rochester by-election: Ukip gains second MP as Tory defector Mark Reckless holds seat
'Beast of Bolsover' Dennis Skinner takes Ukip MP Mark Reckless to task moments after he is sworn in
Ukip says babies born to immigrants in the UK should be classed as migrants – which would include Nigel Farage’s own children
Rochester by-election: Labour MP Emily Thornberry resigns after posting white van and England flags tweet
The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
iJobs Money & Business
£16000 - £18000 per annum: Langley James : IT Support; Helpdesk, VMware; Manch...
£35000 - £450000 per annum + £3k car, £70k ote: h2 Recruit Ltd: Do you want to...
£Attractive Package: Citifocus Ltd: Prestigious financial institution seeks to...
£Negotiable: Citifocus Ltd: Experienced operational risk professional with ban...