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The Independent Online
o Revelation Piccadilly, a luggage retailer, is likely to arrive on AIM next month. Started in 1923 in Piccadilly, where it is still based, it runs four luggage outlets and has Five Leading Edge speciality shops. Profits in its current year should be around pounds 100,000. Bowness Leisure, a hotel and time share group based in the Lake District, is also planning to move to AIM.

o It has been a busy week for Fortune Oil as, under the direction of chief executive Barry Cheung, it continues its Chinese build-up. The group has opened the first of a planned network of petrol stations in China's Pearl River Delta, produced interim profits of pounds 1.03m against pounds 583,000 and taken control of a liquefied petroleum gas plant in Guangdong province. The shares firmed to 8p.