Business and City in Brief

Sunday 09 May 1993 23:02 BST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

MMC TO INVESTIGATE MUSIC BUSINESS

The Monopolies and Mergers Commission is to conduct an investigation into the pricing of compact discs, records and cassettes.

The Office of Fair Trading is set to announce a referral of the music business to the MMC on Thursday, just before the Commons National Heritage Select Committee publishes a report on CD pricing.

FLOAT FOR PHONELINK

Phonelink, an information retrieval software company, is set to float on the Unlisted Securities Market within the next two months. The listing, sponsored by Allied Provincial Securities, is expected to value the company at pounds 40m.

SWAN BUYOUT

The management at Swan National, Britain's third-biggest car rental company, is set to buy the business from its parent, TSB, in a deal understood to be worth more than pounds 100m.

TODAY: 10.5.93

April producer prices, March credit business.

Interims: API Group, Sidlaw.

Finals: Donelon Tyson, Lex Service, New market Venture Capital, Parkland Textile, Prowting, Severfield-Reeve, Sketchley, Walker (JO) & Co.

TOMORROW: 11.5.93

EC central bankers meet in Basle.

Interims: Avon Rubber, Holmes and Marchant, Huntingdon International, Johnson Cleaners, Vaux Group.

Finals: Contra-Cyclical Invest Tst.

AGMS: United Newspapers

WEDNESDAY: 12.5.93

EC Monetary Committee holds two-day review of final draft of ERM report.

Interims: Greenalls Group, Jessups, Scottish Value Trust, Tomkinsons.

Finals: Body Shop, Fine Arts Development, REA Holdings, Sainsbury, Time Products.

THURSDAY: 13.5.93

US consumer prices and retail sales for April.

Interims: Grand Metropolitan, Royal Dutch Petroleum, Shell Transport and Trading.

Finals: British Telecom, Finlay (James), I&S Smaller Companies Tst, Personal Assets Trust, Warner Howard.

FRIDAY: 14.5.93

US industrial production and capacity utilisation for April.

Interims: Morgan Grenfell Eq. Inc. Tst, Northern Ind. Improvement Tst, Overseas Investment Trust, PWS Holdings, Tadpole Technology, Unilever.

Finals: British and American Film.

AGMS: Pearson, Burmah Castrol.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Business and City in Brief

Join our commenting forum

Thank you for registering