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Evening Telegraph from Derby, Derbyshire, England • 15

Publication:
Evening Telegraphi
Location:
Derby, Derbyshire, England
Issue Date:
Page:
15
Extracted Article Text (OCR)

Now trees for hi 1.4 4 4.... k. 4 ii! 4 la i ori 41i 4-74 iE 4 4 .1 1 9 0 4 DERBY civil engineers Edward Thompson has latched on to the theme of Environment Week with a conservation gesture towards six trees. Working on an earth-moving project in Burton Road, Derby, the company was forced to destroy six semi-mature beech trees. Now, to restore the balance of nature, the company has sponsored six new beech tress at Heritage Wood at Ednaston near Ashboume, a conservation project created by Rob and Wendy Morley.

The Moneys are pictured above accepting the sponsorship from li Bill Tomlinson, Edward Thompson's marketing manager. Forte beds Crest EVENING TELEGRAPH, Wednesday. May 16, 1990 15 4 i i .1.11.1. Ridley snub stuns county poogoi4er on uolools! Povier Soots, Wicir.ers cittd Geoetatots at sP too sws- wow. 0021 lit" SllOO delegation LEADERS of Derbyshire's civic and business delegation in Tokyo have been sensationally snubbed by Trade Secretary Nicholas Ridley over their Toyota success.

Mr Ridley, making a speech to Japanese executives about the advantages of setting up in Britain, failed to mention Toyota one of the largest foreign investments ever made here. And an angry row broke out when leaders of the delegation confronted Mr Ridley with his omission. by Business Reporter County Council leader David Bookbinder and his deputy Sean Stafford called it was sheer political spite that he had not mentioned Toyota's £7oom investment at Burnaston. And a member of the business delegation described the omission as "shameful that such a coup for Britain had been ignored." But when confronted. Mr Ridley dismissed it by saying: "There are about 130 such companies and I mentioned 11 of them.

1 could hardly do more in a 15-minute speech." The confrontation took place during a break for Mr Ridley to tour an Invest in Britain Bureau exhibition of displays from across the county, including Derbyshire. But it aid not end there as Mr Bookbinder then pressed Mr Ridley on why his department had refused a capital allocation allowance to the county to help its expenditure on the infrastructure for the Burnaston site. Mr Ridley replied: "Now you're asking for more money, and turned his back on him and walked away. The county council expects to have to pay out to build roads, install power supplies and other infrastructure. While the council would recoup the money from Toyota when it actually paid for the land, Government cash restrictions prevent the council spending that cash on building programmes.

The delegation is on a week-long civic and business visit to Tokyo, backed by the Derbyshire Enterprise Board, aimed at building on the success of attracting Toyota to the county. Money speaks out Buoyancy doubt BEER and hotels company Vaux Group announced half-year pre-tax profits up 19.1 per cent. The company, based at Sunderland. Tyne Wear, made in the 24 weeks to March 17, up from in the comparable period of the last financial year. Trading profits at its Swallow Hotels rose from to but a spokesman said there were uncertainties as to how buoyant business in some hotels may be for the whole year.

Hanson to swoop GIANT conglomerate Hanson is sitting on a war chest, eager for new acquisitions, chairman Lord Hanson said as the group unveiled half-yearly pre-tax profits of £s7om from £447m last time. Lord Hanson. whose group last year paid for mining house Consolidated Gold Fields, said the company remained in a strong position for future development in both acquisition and internal investment. BREWING giant Bass has checked out of its Crest chain with the sale of 43 hotels to Trusthouse Forte. The sale, including the Derby Crest at Littleover, completes Bass's Crest disposal plan expected to net a total £4oom.

At £3oom, the 4,753 Crest rooms are valued at an average of £63,000 each in a deal described by THE as: "a good product at a good price." The Burton-based brewer is now focusing on its worldwide Holiday Inns business. It bought the American hotels under that banner last August and now has Holiday Inns in Canada and Europe as well. Bass recently sold the Marlborough Hotel in London, the Mayfair in Brussels and the Hotel Villa Magna in Madrid and is about to sell five hotels in Holland. The group is retaining four Crests in the UK and four on the Continent, together worth around £llsm, which will eventually trade as Holiday Inns. Bass chairman lan Prosser said: "The skills we have developed in building up the Crest chain will now be exclusively applied to the Holiday Inn brand worldwide." Rocco Forte, chief executive of Trusthouse Forte, said he expected Crest to make a positive contribution to profits in the current financial year.

Net profits in the year ended September 30, 1989. which is the most recent financial year, for the hotels acquired were before head office overheads. The majority of the hotels will be sold and leased back by Trusthouse Forte in the near future, Mr Forte said. STOCK BRITISH FUNDS Consols 22.13'32 573-8 Trenury 84.3/16 109 5i6812 53 87 90 97 9 92 96 03 05 103 39095 113.5/8 116 BANKS HP Abbey Nat 194 Barclays 539 More Kong Kisonvort 368 zd 4 Uoyds 267 1 Midland 295 Nat AAA Bk 289 Net West 325 3 Provident 384 Ryi Scotland 166 vd Schodars 713 so Sten Clert 463 vd TSB 132 Warbi Gp 410 BREWERIES ETC Anted Lyons 456 3 Bass 994 6 Beerier 161 GOlOllOll 303 2 Groins Kng 340 Gummi. 674 1 Scot New 314 2 Whitbrd A' 403 BUILDING ROADS AMEC 389 El Bonen Oft 167 xd Buns CH 135 xd 1 Blue Cede 217 xd 7 BPB Inds 217 Cotton 246 xd 049 as EMI 317 xd 122 id McMiami A 327 Mayo Int 358 1 i 8 Movilam 323 xd 2 638 Rolland 558 xd 5 Rugby 165 xd 2 Tarmac 236 ad 1 Tyk 277 ad 221 2 CHEMICALS PLASTICS Croda 164 ad Fisons 353 ad 3 Glaxo 811 ad ICI EMS Lapone 516 ad 3 ints 327 Rentoltd 181 ELECTRICALS Amstrad 69 Aster 45 ad BICC 405 ad 266 4 II 509 Made 34 79 Chats 331 ad Hirano 41 ac FKI 67 GEC 207 Phobos Lp Racal Dec 206 Racal Tlcm 356 257 Thom 691 2 FOOD CATERING Argyll Grp 214 1 AB Food 377 Ascii Grp 1011, Ass Fah 121 ad Brttronck 385 Coln Sch 324 ad Filch UM! 200 Grind Mat 581 WWII lids 245 ad Sams 481 ad 1 Low Wm 315 ad Nth Foods 285 Nuadm Pb 138 ad It IA 371 Swabia 261 1 Tam Lyle 277 ad 3 Two 206 ad DI Forts 262 ad 3 5iii7 7 91 953132 LOCAL SHARES Anglo United Rain, Industries 93 Bardon Group Reckitt and Colman Bags 9115 Rolls Royce 200 2 Romeo 130 St Gobain Bemrosa 137 2 St Modwen Props Coats Viyella 106 Scott Robertson 1 Courtaulds 311 4- Severn Trent 132 Hulewood 157 Thomas Robinson 90 hoped 194 5 Thorntons 120 Marstons 160 Vistec Midland Radio 132 Walsall 203 Midsummer Lemurs Williams Holdings 1 Pressac 80 Whissoe Pendragon Prices supplied hi' Kedleston Stockbrokers.

112 Park Farrn. Allestree. Derby. MARKET pound is $1.6752 FT Index: 1743.7 up 12.1 FTSE 100 Index: 2228.3 up 16.1 295 I Utd Btscud 335 lid INDUSTRIALS A-D A 121 Avon Rbbr 461 RBA Grp 154 Brshd Intl 134 843 by 130 Boots 273 Bowater 488 141 Bndon 168 8 231 BOC Grp 515 8 401 BPI Steel 146 Elot Vrta 176 Cookso Gp 201 CourOds 318 Dalpety 358 Dory Corp 229 Dowry 209 Gp 348 Fossco 233 Glyntrecl 255 Grow HlOgs 149 357 Henson 228 Finn Crstld 146 Hawker 632 1141 221 Inchcape 250 Jhnsn 8 Fth 52 Johnsn Mat 251 L-R 246 216 227 228 Lard Gp Ldn Int Gp Lonrho Man Bmze Manpower MB Group Norms Pearson Plikrtion Br Poweil Duff Prowtong Recant Sears Secuncor Simon Smith Nph Smith Beech I Grp Umlevet Vickers Vosper zd xd 1 id I I ic 3 itd xc 1 xd xd xd Zr Xd 2 7 INSURANCE Com Whon 457 ad 5 Gen Acc (10 4 ad GAin Ex 224 ad Lgl 8 Gen 374 ad 2 Lloyds ARRAY 297 A MATLOCK construction firm has unveiled plans for a £2m hi-tech business park with the promise it won't take no for an answer from councillors. Brian Money, chairman and managing director of developer Tussac Estates, has pledged he will take the scheme to appeal if councillors reject his plans in two weeks time.

Derbyshire Dales District Council threw out a similar scheme by the company to develop land on the A 6 trunk road, between Matlock and Bakewell in 1989. Now Tussac Estates has gone public with details of its Derwent Technology Park development, claimed to house 100 200 jobs when completed by 1992, to win over public opinion. But company chairman and managing director Brian Money, says he is pessimistic about the chances of the scheme being approved, even though he has worked closely with the planning department. "It would appear this scheme is going to be turned down yet again. We will appeal if it fails," he said.

The new application consists of three two-storey pavillions, totalling 25,000 sq ft of workspace, with car-parking and heavily landscaped to hide it from nearby housing. Tussac says the scheme, on just over an acre of land, has already attracted three firms The planning authority said it rejected the last scheme because it was outside areas allocated for industrial development, it would extend building development in to open countryside and it failed to meet appropriate standards of design and landscaping. WATCH Prudential 204 ad--2 Ryl Ins Hos 437 Sodgwick 250 Sun AOKI) 305 ad 3 Willis Fbr 276 ad 2 LEISURE Brent Wlkr 268 ad -2 Chrysalis 118 First Uwe 198 Ladbroke 299 Mecca 77 ad 4 Wmbly Plc 85 ad MINING Anglo Am AA Gold Bhryoor 167 Chaco Con 420 6 De Beers Dnetntein 665 FM State 578 Gana 48 Impala 539 ad Rstnbrp Wolkom 366 Zam Copper 23 OIL a GAS 8 322 xd Elm Gas 210 Burma', 578 ad Mood Tax 339 Calor Gp 258 ad-1 Costs Vylla 108 ad 621 ad Courtld Tea 253 ad 2 Immo 399 ac 5 Dawson Int 169 Ryl Dutch Tonal 90 ad Shah 455 ad TOBACCO Ultrarnar 340 ad BAT Ind 697 xc 16 PRINT a MEDIA Rothmn Int 670 Build 89 ad TV a RADIO Do la Rua 231 Anglia TV 227 EMAP 213 2 TV 37 CC Carlton 580 Portals 267 ad 5 Control TV 858 Reed Int 407 Grarnp TV 72 Routers Grnado Gp 243 Saatchi 102 95 Thornton 705 ad LWT CP 78 Utd News 323 ad Sconott TV 474 ad 2 PROPERTY 1 5 SV 84 ad Haman 709 ad 93 ad Land Sacs 480 2 Thames TV 523 ad MEPC 500 2 Slough Est 285 ad 3 TV-AM 186 ad Traflgr Hso 309 ad Tyne Toss 284 STORESUIster TV 128 ad Ashley 1 61 Yorks TV 234 Burton 175 5 ad Ex Dividend Dlions 127 Ea Rights Empire Str 117 1 co Ex Others GUS A 958 9 tic Ex Capital Kingfisher 298 3 Lloyds Chm 164 xd Lvmdst OY ir 205 Menzies 312 Nen 66 3 Smith 'A' 306 1 Sock Shop SUSP Storahse 107 1 Ti. Rack 35 TRANSPORT A Ports 272 xc 3 A A 401 But Agra 511 xd 1 Brit Atrwys 203 2 Cowie 42 Davis 132 id 1 Ewotnl 523 Fad Motors C2Blk id 69 xd Lax Sows 244 Lucas 600 ad 2 123 'Lc 1 Ocean 331 ad 1 8 0 576 ad 3 Rohs Royce 19954 ad Sou Ind 242 ad Westland 100 TEXTILES ad POPULAR SHARES Abbey Nat 194 1 A A 401 2 British Petroleum 322 XD 4 British Telecom 266 4 British Aerospace 511 XD 1 British Airways 203 2 British Gas 210 2 British Steel 145 I'A Eurotunnel 523 2 NFC 123 XC 1 Trustee Savings Bank 132 1 Not so crepe THEY had good reason to smile at the Laughing Pancake, the Brittany pancake house in Manchester which scooped the top £5,000 award in a national competition for enterprising small businesses. La Crepe Rit its proper French name was opened last November by Frenchman Philippe Delcloque and girlfriend Marie Szpytoko, and has been working flat out ever since.

Tasty profits FOOD and drinks giant Allied-Lyons served up more good profits. advancing 12 per cent at the pre-tax stage for the year to March 3. The figure of £565m against £so2m a year ago was at the top end of City analysts' forecasts. There were gains in all core operations, which take in brewing, wine and spirits and foods ice-cream to tea. Ell 111 SEVERN Trent has bought an American water cleaning specialist for £7m in a bid to expand from its core business as a Midlands water supplier.

Three managers of water chlorination company Capital Controls will retain a 20 per cent stake in the Pennsylvania-based firm which has an operating subsidiary in Sittingbourne, Kent: a joint venture in Hong Kong and sales offices in Belgium and Arizona. Frank Earrishaw, director of operations at Severn Trent, described the acquisition as: "a first class company who are leaders worldwide in the supply of applied water disinfection technology and water analysis instrumentation." Mr Earnshaw will become chairman of Capital Controls whose board will consist of four Severn Trent nominees and two management directors. The company and its subsidiaries, which employ 183 people worldwide, was founded in 1960 to manufacture and market devices to regulate the dose of chlorine used in water disinfection. It was put on the market by a merchant bank which had invested in it live years ago. In the past four years it has expanded to offer other systems and equipment for water analysis.

Turnover last year was and profit before interest and taxation was El.2m. TODAY'S MARKET EQUITIES scored a broad advance and from Greenall Whitney pleased. this morning, encouraged by a Grand Met results included a full number of trading statements from contribution from U.S. food group big-name companies, and still tak- Pillsbury. owner of Burger King.

ing the view that the top of the bought late in 1988 and sentiment interest rate cycle has been reached. was still troubled by concern about the effects of BSE on Burger King Gills, on the other hand, registered falls to around five-eighths. so operations. far unresponsive to a mid-morning Carlton Cosnammications was rally by the pound. boosted from broker recomtnenda- ('ompositcs were cheered by lion ahead of Monday's half-timer.

Commercial Union's first-quarter Polly Peck continued to benefit report of losses less steep than from the recent sale of ships, and feared. from hopes for restructuring news Figures from Grand Metropolitan at nest week's annual meeting.

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Pages Available:
881,818
Years Available:
1879-1999