Channel Islands

Brown & Jackson could announce store disposals when the discount retailer announces its interims next Wednesday. References: The Guardian 14/02/03 page 29 (Market forces) .

An overseas buyer is tipped to come forward in a bid for Six Continents’ hotel division following the impending demerger from the pub business.

Talk that trading has improved at Regus failed to lift its share price. The stock slipped 0.5p to 19p. References: The Guardian 14/02/03 page 29 (Market forces) .

Chesterton International fell 2.25p to 9p after yesterday’s announcement that chief executive Lorraine Baldry had quit “to pursue other interests”. Neil List, a member of one of the parties that…

Kohlberg Kravis Roberts is reported to be in the advanced stages of putting together the money for its bid for Safeway.

Renewed speculation about a Tony Pidgley-led management buyout of Berkeley Group boosted the housebuilder by 24p to 626p. Rumours suggested a buyout worth 750p a share.

Government research that has been accidentally published shows the sale of council homes is riddled with abuse by companies exploiting right-to-buy.

Tom Winsor has given ministers a summer deadline to decide whether to spend more on railways or agree a decline in services.

The Department of Health has closed a tax loophole for contractors. The move could save the government tens of millions of pounds on building PFI hospitals.

The Higgs proposals on corporate governance will create unmanageable and dysfunctional boards if implemented, Donald Gordon, chairman of Liberty International, has warned.

Worries are growing about PFI after it emerged Manchester Metrolink had failed to return accounts for 2001. Metrolinks difficulties have been revealed just days after reports of problems at Croydon…

The British Hospitality Association says the hotel industry is investing close to £1bn in new properties, extensions and refurbishments, despite the threat of war in the Middle East.