What The Sunday Business Papers Said
Monday 23 August 1999
Savers who have placed money in Individual Savings Accounts will face a back-tax bill of millions of pounds next year because they have failed to understand the rules that govern tax-free savings.
A series of rule changes will be implemented at casinos across Britain this week as part of an attempt by the Government to ease the Draconian legislation that governs them.
Racal Electronics is preparing for breakup with the sale of its telecommunications and defence arms, which could together raise pounds 1.5bn.
Owners of Britain's 59 racecourses are to launch their own tax-free bookmaking business to bring low-cost betting direct to millions.
Saatchi & Saatchi, the world's best-known advertising agency, is planning a bid for the National Lottery.
P&O, the UK's largest listed shipping company, has rejected a pounds 7bn approach from America's Carnival Corporation, the world's biggest cruise line operator and owner of the QE2. Analysts say the decision by Lord Sterling, P&O's chairman, to turn down the offer will have failed to quell Carnival's interest.
BSkyB will raise the stakes in the battle for digital television customers by witholding coverage of next month's Ryder Cup golf event from its rival, Ondigital.
Unions have made an eleventh-hour plea to Ford motor group to save a threatened engine plant at Bridgend in South Wales that employs 1,400 people.
Peter Johnson, majority shareholder and former chairman of Everton Football Club, is auctioning his shares in the Premier League side, having failed to agree a deal to sell them to board director Bill Kenwright.
Labour's attempts to curb "fat cat" boardroom pay excesses have suffered a blow as two directors of a loss-making company have awarded themselves payouts worth up to pounds 370m. The bonuses have easily set a record for British industry even though the company, Colt Telecom, is not forecast to make a profit until 2002.
Railtrack faces further fines of at least pounds 50m for neglecting the crumbling network and failing to fix broken rails. The penalty would come on top of the pounds 40m fine it faces if it fails to reduce train delays and would amount to Railtrack surrendering up to a fifth of its pounds 428m annual profits.
Dan Wagner, chief executive of Dialog, the online business-information specialist, is considering splitting off Sparza, his e-commerce software- licensing arm, to reduce the group's debt.
filmFilm producers sue Warner Bros for $75m over Hobbit films
Swedish stars ask fans for £195 pledges on crowd-funding website
voicesJust when you thought you could find a man, get married, and have a baby by the age of 35... it turns out you’re too late, says Grace Dent
sportNapoli 2 Arsenal 0: Gunners must now face either Real Madrid, PSG, Bayern Munich, Atletico Madrid or Barcelona in knock-out stages
musicAs Mariah Carey and Noddy Holder rake in the royalties from their classics, why there hasn't been a decent festive hit for 20 years?
theatreAuthor Daniel Rosenthal recalls the mishaps that almost brought the curtain down on the likes of John Gielgud and Diana Rigg
lifeAs the Royal Mail plans to phase out deliveries on two wheels, it's no wonder posties are in a spin
musicThe 21-year-old beat Ella Eyre and Chlöe Howl to win the honour
lifeFull of the joys and want to help your fellow man? December isn't the time to do it
techLuke Blackall reports on precision engineered prams and babygros that monitor your child 24-7
Nelson Mandela memorial: ‘Bogus’ interpreter made mockery of Barack Obama’s tribute
David Cameron explains selfie with Obama and Helle Thorning-Schmidt at Mandela Memorial
French café starts charging extra to rude customers
Krokodil in Mexico? Teenager hospitalised after 'injecting drug into her genitals'
Australia incest case: Filthy and severely deformed children found in remote farming community after generations of inbreeding
- 1 Nelson Mandela memorial: ‘Bogus’ interpreter made mockery of Barack Obama’s tribute
- 2 John McAfee's $100 'anti-NSA' device: 'this is coming and cannot be stopped'
- 3 French café starts charging extra to rude customers
- 4 Is Facebook making us forget? Study shows that taking pictures ruin memories
- 5 Australia incest case: Filthy and severely deformed children found in remote farming community after generations of inbreeding
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