Sunday Round-Up: The main stories from yesterday's City pages
Monday 09 May 1994
Tim Melville-Ross, the new Institute of Directors chief, will lead a campaign against the Cadbury report's rules on corporate governance which many directors say is costing business millions of pounds to implement. The campaign could prompt more companies to challenge the code of best practice.
The Government is braced for a political storm over a report on competition in the domestic gas market which could lead to higher gas bills for millions of households.
Mail on Sunday
Cable and Wireless, parent of Mercury Communications, is to cut 200 key jobs at its headquarters in what could be the first step in a break-up and flotation of Mercury's constituent parts on the stock market.
Grand Metropolitan and Courage have postponed plans to float 2,000 pubs owned by their Inntrepreneur Estates joint venture.
The International Petroleum Exchange, the oil futures market, is investigating whether people connected with one of its leading firms have been cheating clients.
The end of the five-year fixed-rate mortgage is at hand after many lenders withdrew deals and others raised rates for new business.
Prospective bidders for British Coal are set to clash with the Government over who should be responsible for potential liabilities resulting from pollution, industrial diseases and future redundancies.
Swiss Bank Corporation and Jardine Underwriting are establishing one of the largest Lloyd's investment vehicles. The new concern will have a capacity of pounds 270m and Swiss Bank is seeking more corporate capital to back the pounds 10.9bn London insurance market.
The pharmaceuticals giant Glaxo is talking to McKesson, the US drugs wholesaler, about the possibility of taking a big stake or buying it for around dollars 4bn.
Michael Heseltine is planning a partial privatisation of the Post Office which values it at more than pounds 2bn. The counters division, which runs 19,000 sub-post offices, would remain publicly owned.
Abu Dhabi has handed Swaleh Naqvi, a key figure in the Bank of Credit and Commerce International scandal, over to the FBI.
The boom in cross-Channel shopping for drink and tobacco could knock as much as 2 per cent off the retail price index if the Chancellor bows to mounting pressure to lower duties to French levels.
Northern Rock is planning to leave the endowment mortgage market after concern from consumer groups that thousands of policies may not repay loans.
Emergency call 'started off dumb, but got pretty serious'
Britain First criticised for using actress's memory to draw attention to their 'hate-filled home page'
Thought you'd seen it all after the Jeremy Paxman interview?
Greatest mystery about the hit BBC1 show is how it continues to be made at all, writes Grace Dent
"History is violent," says the US Army tank commander Don "Wardaddy" Collier
Animal welfare charities have urged the boy band to cut the scenes
Argentinian scored 'rabona' wonder goal for Tottenham in Europa League – see it here
- 1 This 'woman calls police to order pizza' story isn't going where you're expecting
- 2 Watch what happened when food critics were unknowingly served McDonald's
- 3 Jimmy Carr's controversial Oscar Pistorius joke goes a bit too far at the Q Awards
- 4 Ottawa shootings: Bruce MacKinnon's cartoon is the perfect tribute to soldier Nathan Cirillo
- 5 Of course, teenage girls need role models – but not like beauty vlogger Zoella
Isis releases first video showing the stoning of woman accused of committing adultery as her father shouts 'don't call me Dad'
This 'woman calls police to order pizza' story isn't going where you're expecting
FCKH8: YouTube reinstates provocative anti-sexism video showing young girls swearing
Diwali: What is the festival of lights – and how is it celebrated around the world?
Jimmy Carr's controversial Oscar Pistorius joke goes a bit too far at the Q Awards
Of course, teenage girls need role models – but not like beauty vlogger Zoella
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Support for EU membership 'at highest level since 1991' with most Brits wanting to stay 'in'
Thousands with degenerative conditions classified as 'fit to work in future' – despite no possibility of improvement
Residents should throw a street party and mix with immigrant neighbours, councils told
Attacks on 'Ukip Calypso' show how skewed people’s priorities are
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