Business and City Summary

DIY BOOMLET

Do It All, the DIY chain jointly owned by Boots and WH Smith, said sales in the holiday period were 50 per cent up on last year.

Sainsbury said Homebase had enjoyed a 'very good Christmas'. Sales were helped by people staying at home.

PENSIONS THREAT

The TUC warned that occupational pensions face 'disaster' unless the law is reformed. It wants trust law to be replaced by a Pensions Act and a complete separation of pension assets from those of the employer.

BABCOCK BOARD

Alan Wheatley, chairman of 3i, which invests in smaller companies, has become a non-executive director of Babcock International.

TODAY: 4.1.93

Interims: Neepsend.

TOMORROW: 5.1.93

AGMs: BBB Design Group, J Bibby & Sons.

WEDNESDAY: 6.1.93

Interims: Sidney C Banks, Banner Homes, Bespak, Fleming International High Income Investment Trust, Flextech, Hollas Group.

Finals: Irish Continental Group, Quality Care Homes.

THURSDAY: 7.1.93

Interims: Abbey, Druck Hldgs, Savills, TR City of London Trust, Williamson Tea Hldgs.

AGMs: Fenner, Kwik Save Group, Mannakin Holdings.

FRIDAY: 9.1.93

AGMS: Jessups, MMT Computing.