SHARES : THE WEEK
Sunday 09 April 1995
Govett & Co, the UK-based fund management company, confirmed it was discussing the sale of its fund management business after its failure to merge with the Duff & Phelps.
Japan's finance ministry said its current account surplus for February rose to $12.33bn (£771bn), dashing hopes of relieving pressure on the yen.
The National Audit Office is to investigate the contract awarded by Lord Wakeham to NM Rothschild, government bankers to the British Coal privatisation. Lord Wakeham, Secretary of State for Energy from 1989 to 1992, joined Rothschild's board earlier this year.
Announcing pre-tax profits of £10.7m (1993: £1.7m), McAlpine, the construction group, warned that rising land prices and construction costs would pressurise margins in the face of modest house price increases.
British Airways said it had reached an out-of-court settlement in its dispute with Virgin Atlantic in the UK. Virgin's damages claim against BA in the US for almost $1bn continues.
Seagram, the Canadian drinks giant, sold 95 per cent of its shares in Du Pont, the US chemical group, back to the company for $8.8bn. It has bought MCA, the Hollywood studio, from Matsushita of Japan for $7bn.
- 1 Five-year-old Iris Grace is raising awareness of autism through her extraordinary paintings
- 2 Car tax disc changes: Two days to go - and they affect you much more than just not displaying a piece of paper
- 3 The Simpsons death: Creator Al Jean would 'kill himself' before character like Homer or Lisa
- 4 British man raped while urinating in bushes at Oktoberfest beer festival in Germany
- 5 A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
Five-year-old Iris Grace is raising awareness of autism through her extraordinary paintings
Car tax disc changes: Two days to go - and they affect you much more than just not displaying a piece of paper
Isis an hour away from Baghdad - with no sign of Iraq army being able to make a successful counter-attack
British man raped while urinating in bushes at Oktoberfest beer festival in Germany
George Clooney and Amal Alamuddin wedding: The famous congratulate actor and human rights lawyer after Venice nuptials
Isis, we are told, is a 'clear and dangerous threat to our way of life'. I’m sorry, but I just don’t buy it
Exclusive: 'Putin's Russia has been my biggest regret,' says Nato's outgoing Secretary General
'Women, walk wherever you want' posters taken down in Stamford Hill following 'unacceptable' signs separating men and women
There’s no excuse for Dave Lee Travis’s behaviour, but we need to keep a sense of proportion
Mark Reckless becomes second Tory MP to defect to Ukip in a month
Should gay sex be illegal? 16% of Britons think so
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