The Week

SIR Alastair Morton, joint chairman of Eurotunnel, first claimed the company was at risk of being overwhelmed by debts, then added its banks supported it.

A row broke surface between the board of Signet, the jewellery retailer, and some of its variable-term preference shareholders, over refinancing.

Tesco overtook J Sainsbury as Britain's biggest supermarket group and claimed initial success with its customer loyalty card.

Wembley, the group which owns the stadium and arena complex, staved off the threat of receivership with a £115m rights issue and debt-for-equity swap.

Kirk Kerkorian, the US entrepreneur who has been buying shares in Chrysler, confirmed rumours that he would mount a bid for the company. Worth £14bn, it was promptly rejected by Chrysler's management.

Macmillan the publisher is to sell a 75 per cent stake to Holtzbrinck for £150m.

UK inflation rose in March to 3.5 per cent. UK visible trade with the rest of the world fell from £1.6bn to £1.1bn.