Lately I’ve been wearing so much hot pink and bright yellow! I think they are super pretty togheter! They kind of remind me of summer! 🙂

Ultimamente sto indossando spessissimo il fucsia e il giallo! Adoro questi due colori insieme! Mi ricordano il caldo e l’estate! 🙂

Indosso / I’m wearing: – Zara dress – Louis Vuitton bag – Valentino rockstud heels and rockstud bracelet – As always, h bracelet and Michael Kors watch

What do you think about it? Do you like it? Don’t miss my next posts, follow me on Bloglovin’! If you want to see more pictures, look my previous outfits 🙂 xoxo

Che cosa ne pensate? Vi piace? Non perdere i miei prossimi post, seguimi su Bloglovin’! Per vedere altri spunti, guarda gli altri miei outfit 🙂 Un bacione

Vanessa

Youtuber e blogger per passione, shopping dipendente per professione. ✨ Instagram: @vanessaziletti

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Y November t-- ' . ' Tl-jgif K? ?3:'ug'yT - 7 . ’-•■■»■ - ■ ’ p h I 5 r «VK^- -rv ; ti j rur -^’TIi2 i-- ^{16C ^4IW li j elusivt i A 5 w, W r 'ti: | iCfcanwi 4 , (/££*■' 'o/ f'H 2s? ,e nir; -^rt>} gSEie^.... V» I l Udicial McwS. i iels*?"'-! of ! hlrie ■ a Jane MacQuitty’s top 20 wines ^ for under £3.50 / . • « c «^a hitman meets ^{"ard Hodgkin IMP I5^yr Win a £5,000 trip to southern Africa, page 16 j An ay .V.nNeb's sequel to Srsvo 7 .vc Zero, page 15 The Times Museums and Galleries Guide ?j : ; JP fcr-v. Discounts and concessions a? more than 100 venuos. Detsifs and today’s taken. pace 15 i end ? cT^sT> ca^cderr.birra^S. V i 2l. 1 Muddles and^jN T> tfteiie ban «} 5ion of monetar.- .J! ^{&» !?.tS nce ’ sc C ■ Jit RiTu ; o I Vur l •■ * ■ j royal sea!.... r ] EEZZ^ui^} £1 j BERNARD LEVijij s .TO i ParHimen^wtre'-a^V ? j HOBE RT RHODES^ Sir i « i*n ! 5. r ^ JUllt" '"W . ‘ ^‘: 'r "«'erc. wfo. ? ! “ ! PHILIP HOWARD L » ! . THE hr tt M TIMES No. 65,416 SATURDAY NOVEMBER 4 1995 Tory high-flyers to get dressed down on dressing up Eft Auer Thomson POLITICAL Kf-KUttl I.R In: the open-necked casual Major look JUST as Labour MIS haw all donned pin-srripe suits (m try in acquire jilt* Establishment look". as¬ piring Conservative candidates have bven iuld to start wearing jeans anti jumpers to turn the voters on. High-flying, right-wing, young Tie ries will spend this weekend heing lauchi hnu- m discard their blue blazers and gre> flannels. Instead they should ruffle their hair, buy a pair of loafers and try to imagine they are "happy, normal people". 'I"he weekend, organised by Lord (Parkin¬ son. is being held in a hotel near Heathrow and costs E60. The 33 male and seven female candidates are all either looking for seats or have just been selected. They will be drilletl in how to avuid making gaffes, what to s*ay on contentious issues sueh as drugs, prostitution and single moth¬ ers and how in deal with the pressures on family life, the risks of adultery and New Labour. "Ihe high-flyers" first hurdle will he to arrive in something they consider “casual but chic", which will be marked by Mary Spillane. founder of Colour Me Beautiful, which teaches people how to transform their ap¬ pearance. She will then give a four- hour lesson on "Get real — how to turn the voters on". Men will be taught hour !»• apply fotmdarion and powder to hide bags under their eyes when they are feeling jaded on the campaign trail and how to pluck therr eyebrows to look less daunting. They will be told to shave off moustaches and beards, although sidebums are allowed, and they will be given dietary advice on how it* keep their weight trim. Women will be urged to throw away velvet headbands and ruffles, buy properly fisted bras, and try casual trouser suits and satin shins. But they should not wear leather while they are canvassing. Ms Spillanv said yesterday: The Tories need to recapture the imagina¬ tion of the British public. At" the moment most people would be frightened of having a b.-er with them in the pub. There is no point in going to a rural constituency ir. a brand new Barbour and wellies. \ou need to get some mud on them first. "If you want to be MP for a trendy multiracial area like Sonins Hill Gate, you hav e to learn how to slouch a bit and wear funkier clothe*.- She has convinced the Tory hierarchy tha: iooks are vital, and politics and fashion can mix. “V oters only listen so 7 per cent of what politicians say. the rest is down to looks." Ms Spillar.e said. The weekend is the brainchild of the Conservative Way Forward Group, which warns to see as many of their true-blue Tnuicherite prote¬ ges as possible selected for winnable seats. A series of right-wing role- model MPs have been asked to mingle with the high-flyers. The guest speaker at the dinner will be Eric Forth, the Education Minister. One candidate said: “It is very difficult to get the balance right between looking like a stuffed shin and a train spotter or nichtclubber. Most aspiring politicians'know how¬ to talk about iheeconomy and educa¬ tion but have appalling dress sense. This advice will be invaluable." Out: (he collar and tie formalitv of Portillo WW f tesZ5 5h:?-r.a?ead aB j h j fe incus j be:ra ■. if V> . W!" pr- ^

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• imt'jA: 6V: .:.i P ■ FREDERICK WESTS voice echoed from beyond the grave around a hushed courtroom yesterday as,his taped confes¬ sions to murder were played in the defends of his widow. Rosemary. In a dispassionate voice, he admitted murdering and dis¬ membering his daughter Heather and other young women, most of whose names he could not remember. His claims, that he alone was responsible for the killings, were the first time the recorded confessions of a dead witness had been produced in a murder trial. West's taped interviews with detectives ran to more than 145 recordings totalling 110 hours; only four were played ro Winchester Crown Court, taking the entire day. Mrs West sobbed in the dock as her husband described in his Gloucester¬ shire accent with surgical detail Heather’s murder in 19S7: “She had a smile and a sort of smirk on her face ... 1 can just remember lunging for her throat and the next minute she had gone blue." He said he had then used a 12-inch knife with a serrated blade to dismember her. “I cut her legs off ... then 1 cut her head off. then I put her in the dustbin. Put the lid on and rolled it down the bottom of the garden behind the wendy house, covered it up and left it there.” Heather West’s body was later to be buried beneath the patio at 25 Cromwell Street and her remains were the first to be unearthed by police. West, who also described killing his first wife and her daughter, told police: “The thing I'd like to stress... Rose knew nothing at all.” He said that he had had affairs with his other victims and they had all been killed because they threatened to fell his wife. “Everyone of them did exactly the same thing — T love you. I'm pregnant. I’m going to tell Rose and I want yon to come and live with me’. That was the problem." Still in a detached, matter- of-fact tone. West was heard describing how he hatched a plot to prevent his first wife, Rena Costello, taking her sev¬ en-year-old daughter away from him. “1 took Rena m the pub and got her absolutely paraletic and then took her out to the country and I strangled her, cut her up and buried her." lie said. Charmaine. who had earlier been given a bottle of lager to drink, was asleep in the back of the car while her mother was murdered. “There was Charmaine in the back ... 1 thought what am! going to do now? So anyway I stranged her while she was sleeping because there’s no other way I could have touched her." Wests aid he then took the child's body back to his home at 25 Midland Road, Glouces¬ ter, and buried her beneath the basement But the court was told later that after two months of interviews with police during which he said he had acted alone. Mr West was to change his story. On April 29 last year he said: “I have not told the whole truth. The main reason for this has been from the first day of this inquiry to protect other person or persons. There's nothing else I wish to say at this time." Detective Constable Darren Law. one of the officers who interrogated him, said police were convinced that West — who hanged himself in Winson Green prison on New Year’s Day — had told “lie after lie” during his interrogation. The trial continues on Tuesday. Taped evidence, pages 6.7 iftWT*' '• l to >i V-- ■- Tl i Manchester wins Games Manchester will stage the Co mm on wealth Games in the Queen's golden jubilee year of 200Z It will be the first time the Gaines have been held in England since 1934- Page 48 Barclay twins buy The Scotsman By Gillian Bowditch, Scotland correspondent Model denial rose... Jackie St Clair, a former topless model, has written to 77ie Times to deny reports of a romance with the late Duke of Northumberland —Page 19 jt .. 3&EV:- Baying TTw Hares overseas Austria Sell 40: Belgium c&nada &3S; Caiurtei res M5. Cvprus CU .20: Denmark Dfcr l8.o« Finland Flm HUM: France. F 'i££S BreteeTw 45ft L 4.500: ft Z0.0ft Portugal con ^ 35ft Spain Pts 325: Sweden SXr 18.00: SndnerUnd S Fts 4.00: Tunisia Din 2JHw USA S3. SO. 9 n 770 140 u 046367 The Scotsman, one of Scot¬ land’s oldest and most presti¬ gious newspapers, has been sold to David and Frederick Barclay, the twins who own The European, the London Ritz and the Howard Hotel in London. TTie price is about £90 million. Speculation intensified last night that the brothers will transform the impressive multi-storey Scotsman build¬ ing on Edinburgh’s North Bridge into the “Edinburgh Ritz" and transfer the news- .paper to a purpose-built plant on the outskirts of the city. The Barclay brothers, who last month sold their stake in the casino group London Clubs Internationa/ for £68 million, are buying The Scots¬ man and its sisier publication Scotland on Sunday and the Edinburgh Evening News. The remaining Scottish titles formerly owned by Thomson Regional Newspa¬ pers — the Press & Journal and the Evening Express in Aberdeen — are to be sold to Northdiffe Newspapers, the regional arm of Associated Newspapers, publishers of the Daily Mail for £82 million. This deal is subject to a review by the Monopolies and Merg¬ ers Commission. Associated Newspapers is also believed to be in talks with Caledonian Publishing, owners of The Scotsman's main rival. The Herald. If this deal goes through the long- running war between the Ed¬ inburgh-based Scotsman and the Glasgow-based Herald is likely to intensify. For the intensely private Barclay brothers, The Scots¬ man adds another strong brand name to their portfolio of businesses, said to be worth £500 million. It also focuses unwelcome publicity on them. Magnus Linklaler, page 2 £*=> ‘L. - At- " WEATHER.. 24 LETTERS.21 CROSSWORD...24 OBITUARIES.23 COURT & SOCIAL.22 SIMON JENKINS.20 t—' 1 . BOSS SETFORD : "A ’• .Cl, "•?.;>i. —£. c \l- r.- . IS® m V •’■2? : ttiSK&FiZ \ A mmm jm?: ,.-r- " r - - ■ ».v ' THE Duke of Edinburgh stepped into the French nuclear tests row yesterday by backing a call for an investigation into the Mururoa atoll underground explosions, and saying the rest of the Royal Family agreed with him. Speaking as the World Wide Fund for Nature’s President — he was in Wellington to launch a campaign to protect a rare reptile, the tuatara (above) — he said of the Testing: “There is a suspicion that it's doing damage and if you’re concerned with the conservation of narure, you want to make sure whether it is or isn’t" His remarks may embarrass John Major, who has backed France’s right to test Apology to Maoris, page 14 Safety fear as sales of fireworks boom By Michael Horsnell Simon Jenkins on Shakespeare and the Prince Page 20 Anew lease ol Hfeforthe panda Page 13 PLUS Baubles, bangles and Brunei Page 8 The sermon of the year Page 10 DEMAND for fireworks was expected to rocket today after forecasters predicted a dear and dry bonfire night. But there was a warning from safety campaigners who yes¬ terday lobbied Downing Street for tougher controls. While emergency services were fearing an increase in the annual toll of injuries, shops reported buoyant sales helped by the prospect of a wind-free, but frosty, weekend. At Hamleys toy store in London, where some thought nothing of spending more than £2,000 on fireworks, the most popular buys included the Palm Tree Rocket at £27. the Triplex Bomber Rocket (£20) and the Silver Streak Ground Mine (£8), while at the “softer" end of the market the Flower Basket (£20) and Singing Birds (£10) sold well. The store also sold safety goggles, showed a safety video and handed out leaflet. After two decides of decline, a 15-year high in accidents was recorded last year when two people died and 1.500 were hurt. The fireworks industry had been deregulated in Nov¬ ember 1993 as parr of a European free trade initiative. It removed the requirement for import licences, which had previously enabled officials to monitor supplies, and has been blamed for the arrival of dangerous fireworks from China — some of them via Holland. The National Campaign for Fireworks Reform railed for new licensing regulations in a letter delivered to Downing Street yesterday. Noel Tobin, campaign director, said: "We are alarmed that after last year, where there was a 50 per cent increase in injuries over
• things could get still worse." He launched a five* point safety plan which in Continued on page 3, ooi I BUSINESS NEWS.25-28 WEEKEND MONEY..2M8 SPORT.41-48 GARDENING: WEEKENDS BOOKS: WEEKEND ..14,15 TRAVEL: WEEKEND, lfr-21 Yeltsin gives up some power to Prime Minister From Thomas de Waal in Moscow PRES1 DENT Yeltsin’s grip on power slipped further yester¬ day when he temporarily ced¬ ed responsibility for Russian security and foreign policy to Viktor Chernomyrdin, his Prime Minister. The two men met in the Central Clinical Hospital for the first time since Mr Yeltsin’s heart attack last week. In the first television pictures Mr Yeltsin, wearing a tracksuit, looked puffy under the eyes and sounded slurred. “1 feel all right" he said in a low, tired voice. "Now my recovery is going to plan and a doctors’ conference considers me twice a day. We have to restore me to normal, but there are no more dangers." Afterwards Mr Cherno¬ myrdin, who is the constitu¬ tional heir to the president said he had temporarily as¬ sumed responsibilty for the Defence. Interior and Foreign ministries, as well as the Federal Security Service, the successor to the KGB. Nor¬ mally these ministers report directly to Mr Yeltsin. The fYime Minister said Mr Yeltsin was "on the mend." but that h was important not to "overload the president with work". “He must be partially relieved of these duties so that he can recover." he added. “But of course we seek the president's advice on all key questions." The so-called nuclear “suit¬ case" with special codes for the launch of nuclear weapons appears to have stayed with Mr Yeltsin. The handover of powers further undermines Mr Yeltsin’s hopes of being re¬ elected president next sum¬ mer. Correspondingly, it enhances Mr Chernomyrdin's case to be his official succes¬ sor. The news also fits with unsubstantiated but persistent rumours in Moscow that Mr Yeltsin's heart attack last week was much more serious than the one he suffered in July. Asked if Mr Yeltsin had personally asked him to take over control of the four “power ministers" Mr Chernomyrdin merely said cryptically: “I could see it in his eyes that Chernomyrdin should work harder” Double-edged sword, page 12 WAKEY WAKEY! APPMVEO nOMTMUT AFFKOVED OYEMMAFT OVCatMUFT FEE RAT* APR ABBEY NATIONAL £0 9.9% BARCLAYS £5 19.2% LLOYDS £8 19.4% MIDLAND £7 16.7% NAT WEST £9 18.9% For a free transfer pack and video call us free on: 0800 375 375 Jin*.' The. habit of a lifetime I WAKE UP TO FRESHER BANKING. I a l Rale may »- Jr r anil itc correct at him: uf guing in preu CnmparlMnr are haac-d on int.-reit hearing current account?. QvrrdntU are nub|c« u> iiiaiua anil an- nut ■TiiUhlr to prr»un< unJcr IS year*. Written c}uonii«n& are available un reotivM. 4PR of It variable. All overdrafts arr repayable nn demand. Abbey National, the Umbrella Couple symbol and The habit of a lifetim,- are trademark* uIAbb.-v National pic, Abbrr Home. Baker Street. London NW| tJXL. Unii.-d Kingdom. THE TIMES ON MONDAY Angiy Tories demand £126,000 a year By Arthur Leathley and James Landale TORY MPs called far a salary of £126,000 yesterday as they voiced anger at die pay of the ombudsman appointed to police Commons ethics. Patrick Nicholls. a former minister, and Nicholas Winterton protested that Sir Gordon Downey, the newly- appointed Parliamentary Commis¬ sioner for Standards, is to be paid £72,000 for a four-day week. The Tory backbenchers have ta¬ bled amendments to next week's debate on disclosure of MPs earn¬ ings. calling for Sir Gordon’s pay to be reduced in line with Commons salaries or for MPs to have a corresponding pay rise. Claiming that MPS work a seven-day week, the Conservatives have called for MPs’ £33,189 salary to be almost quadru¬ pled, or for Sir Gordon’s to be drastically reduced, either to the same level as that of MPS or to £18,964 to take into account his shorter working week. Sir Gordon, 67, will monitor the Register of MPS’ Interests, offer advice to MPs and provide induction courses in “conduct, propriety and ethics” to new members. He will also be in charge of initial investigations into complaints that MPs have breached a code of conduct Patrick Nicholls. MP for Teign- bridge, said that the amendments were tabled to draw attention to the “ridiculous” pay being offered to Sir Gordon rather than to demand a massive salary increase for MPs. Maijorie Mondam, Labours Shadow Northern Ireland Secretary, said last night “This is just another example of Conservative msesnivfty and arrogance. It is dearly indefensi¬ ble that an MP should be paid £126,000. The salary we have at present is quite reasonable for the work we do. It will confirm die public’s view of the seediness of Conservative politicians." Mr Nicholls is among the 125 Tory MPs aleged by Labour to have between them 270 posts as consul¬ tants and parliamentary advisers. Earlier, senior Tories offered backbench colleagues a compromise over disclosure of outside earnings to help avert an embarrassing Com¬ mons defeat. The MPs tabled an amendment calling for Labour’s proposal that all earnings should be declared to be raised after the next election rather than introduced by March. Their move came as Tony Newton, the leader of the Commons, conceded that even if the Govern¬ ment wins next week’s vote, it would be seen to have been helping MPs to protect their own financial interests. Mr Newton, who chaired die Commons select committee that rec¬ ommended against public disclosure of earnings related to Parliament, was asked whether next week’s vote represented a “no-win situation" for the Tories. He replied; “You may be right That's just die way of the worid.” The Prime Minister's stance against disclosure is threatened by a revolt by at least ten Conservative MPs, enough to overturn the Govern¬ ment's technical majority of eight if there is a full turn-out of MFs. Although officially MPs have been oven a free vote, both leaderships have been whipping heavily to en¬ sure victory. Labour intensified its campaign yesterday in the nuHip to Monday’s vote, with local election candidates and officials writing to their constitu¬ ency Tory MPs, urging than to vote against the Government, and if not challenging diem to explain why. The party is targetting Tories in marginal seats who feel most nervous about allegations of sleaze. . Barclay twins pledge to respect tradition Proud Scots institution again sold to outsiders By Magnus Unklater FOR only the second time this century 77 je Scotsman has changed hands. Once again a rich and unknown proprietor has stepped in to take over a title that is regarded as a Scottish institution rather than just another newspaper. Last time around, in 1953. it was Roy Thomson, the Cana¬ dian millionaire, who saved the paper from bankruptcy. He picked it up fin- a bargain £393.750. which he achieved by selling off part of the block that came with the building. The intervention of this brash foreigner was regarded at the time with grave suspi¬ cion by the citizens of Edin¬ burgh, but he turned The Scotsman into a profitable paper, saw it climb to a circulation of more than 80.000. and went on to launch Scottish Television with enor¬ mous success. “There must be something wrong in. this coun¬ try when a fellow like me can make so much money." he remarked candidly. Things are rather different now. The Barclay brothers are buying a paper which finds itself in the centre of a price- cutting war. defending a circu¬ lation that has been hit by the London broadsheet papers, and fighting for advertising revenue against a background of soaring newsprint costs. But it remains profitable. Scotsman Publications, which includes the Evening News. Scotland on Sunday, and some free-sheet papers, all based in Edinburgh, made £9 million on a £45 million turnover in its last financial year. It still has a circulation of 80.000 and, with a high pro¬ portion of ABC1 readers, has an enviable advertising pro¬ file. That may explain the price the Barclays had to pay. believed to be at least £100 mil¬ lion. Even in real terms that is more than Roy Thomson could ever have contemplated. The Barclay brothers have promised to respect the tradi¬ tions of the paper. They will have also to decide on die fu¬ ture of a building that is a throwback to a long-vanished newspaper era. Built around the turn of the century, it is a The headquarters of Scotsman Publications overlooking Waverley station 14-floor Victorian gothic struc¬ ture. its basement giving onto the railway platform where newspapers were once bun¬ dled onto a special train. Inside, wood-panelled walls bear the names of previous editors embossed in gold, while portraits and statues of venerable proprietors long gone adorn a rabbit warren of offices and corridors. Above the editors desk, in a room Rot Thomson: paid £400,000 in 1953 that looks out over Waverley station to the Scott Monument on Princes Street, one of the finest city views in Scotland, is a gold-engraved slogan: “The Conductors pledge themselves for impartiality, firmness and independence ... their first desire is to be honest, the second to be useful ... the great requisites for the task are only good sense, courage and industry." The paper’s appeal for two brothers whose purchases have included The Ritz hotel and The European news¬ paper, is probably more than just its profit figures. The Scotsman is one of that select band of newspapers whose name is recognised through¬ out the world. It punches above its weight as a national rather than a regional paper and offers a similar diet of United Kingdom and interna¬ tional news from a base that is strongly Scottish. Its masthead proclaims it¬ self as Scotland’s National Newspaper — a description hotly disputed by the The Herald in Glasgow, which has a considerably higher circulation — and it has been an outspoken voice for Scot¬ tish interests ever since it was founded in 1817. proclaiming: “We have not chosen the name of Scotsman to preserve an invidious distinction, but with the view of rescuing it from the odium of servility." The Barclay Brothers are buying the paper at a crucial time in its development With Labour's promise of a Scottish Parliament a key issue in the run-up to the next election. The Scotsman is likely to play an important part in the national debate. But it can no longer expect to occupy its Scottish territory unchallenged. It will need greater investment than its previous owners were pre¬ pared to give it. and a new management which can inject the kind of energy and innova¬ tion that will enable it to com¬ pete with rival newspapers that have shown every sign of giving it a run for its money. Magnus Unklater was Editor of Tbs Scotsman I9SS-94 Barclays buy papers, page I Ancram holds out over IRA arms The Government rejected demands last sight from Sinn Fein to call immediate all-party talks. Michael Ancram. the Northern Ireland minister, told the party during talks at Stormont that die IRA would have to begin to decommis¬ sion its arms before Sum Fern could join full talks. Mr Ancram said afterwards that Sinn Fein’S proposals, drawn up with the Social Democratic and Labour Party, were unacceptable because they called for the Government to fix a date, rather than a target date, for all-party talks. They also wanted an international disarmament commis¬ sion to examine all weapons, including the Army’s- Martin McGmnness, who led the Sinn Fein delegation, said the Government was squandering the peace process. Support for divorce law The Lord Chancellor, Lord Mackay of Ctashfern. has won support from Roman Catholic bishops for his Divorce Law Reform BQL The Right Rev Peter Smith, chairman of Oie Bishops’ Committee for Marriage and Family life, said the bin. which has been attacked by Tory MPs and some members of the Cabinet had many positive aspects. Boxer loses legal fight A move by Lennox Lewis to stop Frank Bruno defending his World Boxing Council heavyweight crown against Mike Tyson instead of him was halted by Mr Justice Kadte at file High Court yesterday. He ruled dial the WBC rules provided for the exclusive jurisdiction of disputes in Dallas. Texas. The fight is scheduled for March 16. Missing clerk ‘in France’ The police hunt for Gerry Taylor. 45. a town derk who disappeared at the same time as £100.000 went missing from Whitworth Town Council near Rochdale, Lancashire, has switched to France. Mr Taylor, who daimed to have been in naval intelligence and had recently split from his wife; left dues suggesting he had gone to Moscow. Labour identity mix-up The Labour Party agrced*m die High Court to lift.the sus¬ pension from membership of Gias Choudhnry, apologise and pay his costs. The party had suspended him after a tele¬ vision programme on the reselection of Gerald Kaufman as candidate for Manchester Gorton. Yesterday. Labour admitted confusing Mr Choudhnry with someone else. Journalists sentenced Two journalists who posed as television producers to dupe dothes stores and computer manufacturers out of thousands of pounds worth of goods were sentenced by Southwark Crown Court London. Quilliam Potter, 29. and Gillian Hunter. 30, both of Exeter, were put on 18 months* probation with community service of 100 and 60 hours. Mackay backs tribute Courts across the country could fall silent next Saturday as support grows for a two-minute silence 50 years on from the end of the Second World War. The Lord Chancellor, Lord Mackay of Clashfem. has said that he had no objections to the Royal British Legion’s call for the silence to be observed in courts, only a handful of which will be sitting. -V: si To buy off the page, simply turn to -Weekend Mohey* for an application form. There will be information on investments and seasonal opportunities from National Savings in this space every week. For a copy of the foil terms & conditions of today’s offer, or for a free copy of our Virtual Shop Guide covering all National Savings' unique investment opportunities, you can call us free anytime on 0500 500 000 . LuH ff€€ Cn yilmS On £1 Million monthly jackpot Over 350,000 other prizes of £50 or more every month worth over £22 million You can invest £100 to £20,000 AH prizes are tax-free I ■ ■] ■jjr 1 V ■ yesterday in ^{\17: d ,l > can,. ;®r *fe r ttsri'Ti'rv \«d ..'- ' :;h>.*rr v. -'_ 'j f parti- U '^r : — r- '"P'*n v.. f ••sMU'whoW}.^{i ; a&galiC.!;. or* i},. lT ‘'• &r holds £arms «rr. toid the pam durin«?fl^ wyM have to besin iu de.^ 5 . 81 m Fens could join full iaiU ^{rswnls that Sinn Fein s n-» »W«aS fo peace proce}. or divorce iJJSfP “f^hfera. has. 3&k*k m>hupK fur ri> DnorteU f Rfi' Peter Smith, chairman ofijw 'Mamagc and 1 amih l i-V «\ 6 1 attained b> U.\ry Mf\ =n(] C_IUu nun> pi .c a- re civ es legal fight J je has grown up into a fine, cultured young Englishma n. We will go into exile together’ Boy saved by millionaire fights deportation order By Andrew Pierce A FORMER Nepalese moun¬ ter bey, who is the heir to an 18th-century English castle and a £15 million fortune, is facing deportation from his stately home. Jay Khadka, 19, was rescued from a life of poverty in Nepal by Richard Morley, a millionaire busi¬ nessman, to honour an ex¬ traordinary pact with the teenager's dying lather. Mr Morley. 41. squire of Clearweti Castle in the Forest of Dean, has said he will leave Britain if the Home Office does not lift the deportation order. Mr Morley. who has brought up Jay as his son since July 1990, said last night: M He has grown into a fine, cultured young Englishman. We call each other father and son. If he goes, I go, too." Their meeting came about after Mr Morley punctured a lung in a climbing accident in Nepal in 1984. Jay's father Basu, a policeman, trekked for three days through the moun¬ tains to find a telephone to seek help for Mr Morley. After making a hill recov¬ ery. Mr Morley traced the father to his village. Kalopani. “He did not want money. But be feared for his son because he had a heart condition. He made me promise that if anything happened to him I would care for Jay. We shook hands on it." Mr Morley. a former naval officer who made his fortune in comput¬ ers. was true to his word. In 1990 he returned to Nepal after the death of Basu and spent a month tracking down Jay. He was living in a mountain village and working in a stone mine. He did not speak a word of English. Jay was brought to England and lived first at Mr Motley's seafront fiat in Margate. Kent “He loved iL He had never seen the sea before." Mr Morley said. Clearweli Castle was bought by Mr Morley. a widower, in 1994. He shares it with his girlfriend. Jay and five servants. The teenager was educated at home and had a daily diet of Dickens. Orwell and Homer. He also studied fine art and enjoys Mozart. Beethoven and Tchaikovsky. Mr Morley. who has no children, has made Jay heir to his fortune, which includes a E220.000 flat in Bloomsbury. London, the Margate apart¬ ment. an art collection, and a 5.000-book library at the castle. Jay faces expulsion because he entered Britain on a visi¬ tor's visa which was not extended. Mr Morley said: “When we found him Jay did not know how old he was. There was no birth certificate. Immigration authorities sug¬ gested we put IS on his passport, which was the mini¬ mum age required for him to leave Nepal. “It was obvious when we arrived home that he was much younger. The Home Office said we could not adopt him because we had to accept he was 18. the age on his passport. I have spent five years battling to overcome this bureaucracy." Mr Morley was advised that the only legal mechanism by which Jay could stay was to secure “indefinite leave to remain". He said: "We lodged an appeal on compassionate grounds. We have got no¬ where. Jay could be deponed any day. “To throw him out of this country, and into an alien culture, is inhumane. He can¬ not read or write his own language. Whatever happens to him. will happen to us." Jay, who speaks with a refined English accent, said:"l have grown up in this society. I have a new father whom 1 love. If I had not come to England 1 would probably still be working down the mines. I may not have sur¬ vived. I'm grateful for the chance I have been given." A deportation notice was Richard Morley has bequeathed his fortune to the teenager whose father helped him after a mountaineering accident issued in 1994. A Home Office spokeswoman said: "There is a procedure for when foreign nationals come here which has to be followed." The stress of the deportation banle lias led to the closure of a hotel at the castle. Jay. who had combined his studies with a course in hotel management, was the head chef. Mr Morley. whose computer company em¬ ploys 20 people, said: “There is no way I am going to put my son on a plane and say goodbye. We will go into exile together. For good." The castle that Jay stands to inherit is built on the site of an old Roman villa, which later became a 16th-century manor house where Sir Walter Ra¬ leigh reputedly courted Eliza¬ beth Throckmorton. After the Civil War it was acquired by the Wyndham family who built the present neo-Gothic property in 1726. The castle, built of sand¬ stone. was bought in 1909 by Colonel Charles Vereker. Roy¬ al Artillery, retired. It flour¬ ished despite a fire in 1929. But when the colonel died in 1947 the castle was left to rot. In the 1950s it was derelict. The roof leaked: floors had collapsed. The rot was only stopped when Frank Yeates. who was bom in a serf's cottage on the estate in I9L\ bought it for E2.000 in 1953. He was an unlikely lord of the manor, living with his wife, two children and mother in a caravan in the overgrown grounds. Within three months the couple had taught them¬ selves plumbing, brick-laying, carpentry and rewiring from do-it-yourself manuals. They then set about renovation us¬ ing sometimes odd methods. Ceiling coves were restored with gelatine. During the res¬ toration the cornices were held up with Meccano and pyjama cord. In 1982 Mr Yeates*s widow. Alice, part-exchanged the cas¬ tle for another imposing resi¬ dence. Widecorabe Manor. The estate was then turned into a hotel and conference centre. «s to fop i rank Bnir.n dcfenfliaj wndl heavyweight cr.-r.o on svas b, V, r U »iiur fun^ Tfllav He ruied -.has :hi V. Bt ratj ftftdw 'iirisii’itk.n ..} di-Diiifv 3

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  m 4? .i . >w ciwkua ifte time a- tlOv.i.-v.' .• r*i m>--irs Csunril wear Uochd.V.v.! -'V-Mvrt Sv’M I 1 a> s, .jr u h» ■’ “tru U* Pi* we and had reevnll 1 . -pin ’Tore* 05 14-1 tfnnr so V; r-u.-‘ Antin’ mix-up ed miiir liteh Coer. ^ driLT- arty •u-pr'ided ::iiu -tier a-rir foe rrMrhriinr •.. ts sentenced :dc*o- r ■vTrtri trf knmSs ■.s!-:r -.r.-n.L..fto. t, U>nd«-n ijui”si.:rs 1 t'aCEwter. »c:«: ?.;i •»: >' •“ rif* srrvwf ■‘Y' 1 !-t ' n ‘ 1L ' flS jacks tribe rp LV Dry could teli il- «mnnir yilcav? ' v kfVtffl- Hut turd i : uetsaid that th‘ r..iu : RA(3tH ?ui ±c tft oF wf-ft’h < i' be r'.i .ir- i'r.'W ^ U* ..biiT-oft® Food additive holds out hope for dyslexics By Nigel Hawkes, science editor Killer of British tourist gets life A TEENAGER convicted of the roadside lolling of a Brit¬ ish tourist in Florida two years ago was sentenced to life imprisonment yesterday. John “Billy Joe” Cruraitie. 18, was found guilty in September of the first-degree murder of Gary Colley, . 34, from Bradford. . Mr Colley's girlfriend, Mar¬ garet Jagger, 37, was wounded in the bungled robbery east of Tallahassee, in northern Flori¬ da. Two earlier trials ended with deadlocked juries. Ms Jagger, dressed in black, was dose to tears as she read a prepared statement to the court “To many, many people a wonderful loyal friend has been taken out of their lives instantly for no reason." Ms Jagger said she would “live with the mental torture and memories of that horrific night at the rest area” where Mr Colley was shot Cmmitie. who must serve 25 years before becoming eligible for parole, was also sentenced to a total of 64 years to run concurrently with the life sen¬ tence on four lesser charges related to the shooting. Deron Spear. 19, who plead¬ ed giulty to conspiracy to commit robbery and accessory after the fact and provided crucial testimony against Crumifie, was sentenced to eight years. Aundra Akins. 16, who pleaded guilty to second- degree murder, will be sen¬ tenced on November 14. He is believed to have fired the shot that killed Mr Colley. A FOOD supplement launched yesterday may help half a million people who are struggling at school or univer¬ sity as a rrault of dyslexia. The supplement Efalex. is based on essentia] fatty adds found in fish and plants, the absence of which appears to be linked to dyslexia. Dr Jackie Stotdy, senior lecturer in nutrition at Surrey University, has shown that the mothers of dyslexic child¬ ren have a low intake of the fatty adds during pregnancy. She has also shown that night bl in d n ess is often associated with dyslexia ami that it can be corrected by adding Efalex capsules to the diet for a month. Demonstrating that the capsules can also improve the symptoms of dyslexia will take several years of followup trials, and the manufacturers, Scotia Pharmaceuticals, are makin g no Haims that it will do so. Dr David Horrobin, Sco¬ tia's chief executive, said: “Three university studies are now going on to investigate this. We are not suggesting that the capsules can replace the special educational pro¬ grammes for dyslexic child¬ ren, but we think they will help. We know that they can improve night blindness in dyslexic people, which is itself an important problem.” The strongest evidence that Efalex may help comes from a study done at Flinders Univ¬ ersity in Adelaide, Australia. Five researchers there studied tiie visual acuity of babies fed on breast milk, bottle milk or bottle milk reinforced with one of foe fatty adds in Efalex. They found that bottle-fed babies could not detect pat¬ terns as well as breast-fed ones, but that the deficiency was corrected if foe formula milk contains foe extra fatty adds found in breast milk. The theory is that those fatty adds are essential to foe development of foe brain and foe optica] system. Efalex contains only natu¬ ral materials already present in some foods, so can be sold without foe lengthy clinical trials needed for a drug. The same fatty adds are also found in fish oil and evening primrose oQ. Efalex will cost about £5 a week for the initial three months needed to raise fatty adds levels, and half as much thereafter. If tiie supplement proves effective, one who may benefit is Oliver Middleton, 12. from Cambridge, who was diag¬ nosed as dyslexic at foe age of seven. Unhappy at school he was eventually moved to another outside Cambridge with its own dyslexic unit His mother, Julie Middleton, said: “Here they are taught and treated tike normal child¬ ren. which they are. not as lazy, thick, or naughty." Fears over firework boom Continued from page I chided raising the age at which fireworks may be bought from 16 to 18. restrict¬ ing over-the-counter sales to tower-grade fireworks, special licences for public displays and the introduction of a national training scheme for people giving displays. Police issued a warning yesterday about the theft of hundreds oF “very dangerous" display fireworks, which are designed to be ignited only by electric charge. Up to 600 giant rockets, 240 roman can¬ dles and hundreds of shells— all intended for a display and said to be capable of blowing off a person's hand — were taken from a compound in York overnight New warnings were given about unstable Red lion. Thunderstorm and Black Cat fireworks from China, espe¬ cially on Merseyside where firefighters will be on strike. □ Major displays tonight include: Bitts Park. Carlisle. Fire¬ works are lit from the castle battlements. Special com¬ memorative display to mark foe 250th anniversary of the Jacobites. Contact 01228 23411. Calk* Abbey. Tkknall, Der¬ byshire. Bonfire, firework dis¬ play, disco. Punch and Judy, children's rides. Contact 01530
• Alton Towers, Stafford¬ shire. Experience more titan -125 rides during the day and enjoy the fireworks free in the Also November 5. Contact 01538 702200. Crystal Palace Park, London SE19. Entertainment, funfair and music. Contact
• Weekend, page 4 We'd like to tell you more about our smooth sippirf whiskey. Write us at Jack Daniel Distiltery, Lynchburg, Tennessee USA. ACK DANIEL’S WHISKEY is made with iron-free water rom a Tennessee limestone cave. In the Hollow, were never too hurried to pause for a drink from our Tennessee cave spring and give thanks for its iron-free water. You see, since 1866 this natural resource (and our charcoal mellowing process) have accounted for Jack Daniel’s uncommon rareness. And, we believe, for its uncommon number of customers and friends. J ACK DANIEL’S TENNESSEE WHISKEY THE TIMES SATURDAY NOVEMBER 41995 y v •' - ‘ : *>
• 1 - The new rover 400. ^{DEPOS,T> THE BEST LONG-DISTANCE RIDE ON EARTH FROM ONLY £139* A MONTH. ♦PLUS DEPOSIT AND FINAL PAYMENT. APR 9.0% WhUSW^WBwt^cnpT^nB QB» is WJT MALULE ON EC PURCHASE PLAN PURCHVE. For a free test drive or a brochure phone now on 0345186 186 Far fetched? Not according to those impartial people, at Autocar m ag . 7 m P After a drive they went so far as to say; ‘drain covers and potholes have rarely been so inconsequential in this class, [-} 7 ;- n . CASHPRICE: £12.320.25 nor motorways so flat-iron smooth/ depose*, AMOUNT FINANC ED £8.046.65 Our engineers however, could have gOne I 24 MONTHLY PAYMENTS' £134.00 GUARANTEED MINIMUM FUTURE much, much farther. - r " IAL " ,mr -5=- CHARGE FOR CRED IT £1.248.10 „ | . . TOTAL PAYABLE £13.568.35 .explaining at length the advantages of 7 n « APR 9.0% double wishbone suspension, one-to-one straight O TWVBflQJE MAS NOT EXCEEDED THE AC*£H3 niAGt Of ^ yC^AN^AWBWOXIOCCNPmON TWS 1* j . If. ® WALAU ON EC ^MOMSE FLAN lUOiUE. hne dampmg and their unique solution to the
• . _ brochure phone now on problem of engine vibration. 0345186186 But you don’t need a degree in engineering to appreciate the new Rover 400, just a degree of imagination. Picture a road without bumps or ruts. And instead of the roar of tyres on tarmac there’s little more than a subdued hum to disturb your thoughts as you glide along. You’ve just been driving the new Rover 400. Relaxing wasn’t it? Now picture yourself driving one all the time. From just £139* a month, it shouldn’t be too diffi cult. But don’t think too long, this opportunity ends on December 10th. So now is the time to arrange your test drive. ABOVE ALL, IT’S A ROVER "ISriffcA Quality ^Foundation THE TIMES SATURDAY NOVEMBER 4 1995 HOME NEWS 5 pukes are perhaps an easy target for the jealous and a thick skin is the best key to survival’ Ancient title rests uneasily on Northumberland’s heir By Pen. Wilkivcox RALPH PERCY. I he new Duke of Northumberland, iiaid yesterday that he is dreading the responsibility thin his title brings. In his first public comments since be¬ coming the I2ih duke on the death of his brother Harry last Tuesday, he spoke of the sudden change in lifestyle he must now experience. “As a very private family man. public stature is quite a burden and it b with some trepidation thar I take it on." he said. *1 cannot say thai Harry’s death was totally unexpected, but it was still a great shock and because of his high media profile it has plunged me and my family jnto a world of publicity that is alien (o us. “1 face this task with a great asset, my wife Jane. Without her love, loyalty' and support it would be twice as hard. ! also have a large and united family to help and tell me when I am doing wrong." The duke. 3S. is already familiar with running the huge family' estates in North- The late 11th duke: a romantic, say workers umberland. having become chairman of its controlling company some time ago. His older brother had taken the more formal role of president as his debilitating M E-type ailment increasingly restrict¬ ed his activities. 'Ihe duke lives in a farm¬ house on the Northumber¬ land estate, 15 miles from the the family seat at Alnwick Castle. There have been sug¬ gestions (hat he is unwilling Deal agreed to end union sponsorship of Labour MPs By Jill Sherman, political correspondent LABOUR’S ruling National Executive Committee will lat¬ er this month approve a deal to end direct trade union sponsorship of MPs. Senior party sources last night said Tony Blair had made clear that Labour had to be seen as "squeaky dean" in the light of the proposals m ihe Nolan report on standards in public life. Any apparent fin¬ ancial (ink between the unions and MPs had to end as soon as possible. Unions sponsor 150 MPs at a cost of about £600 each a year. They also pay up to 75 per cent of the MP*s general election expenses. Although under the present “Hastings Agreement" the money is paid to the MPs constituency, rather than his pocket, some of the money is used to fund MPs research assistants or staff in their constituency office. Most unions also expect their spon¬ sored MP to represent their interests in Parliament Under the new compromise THE SUNDAY TIMES Top Gun down! 6 For five days all I had eaten was a few leaves. Then, as I lay curled up in the undergrowth, I saw an ant crawl by my head. I reached out, squished it and popped it whole into my mouth .. -9 Captain Scott O'Grady . above, the American fighter pilot shot down in Bosnia last summer, tells the incredible story of his survival and rescue. Only in The Sunday Times tomorrow deal, thrashed out by a work¬ ing party of trade unionists and MPs over several months, unions will still pay their money to constituencies of their own choice, but they will no longer be able to sponsor an individual MP. This would prevent MPs being able to use union funds for their Com¬ mons research teams, al¬ though constituency office staff might still be allowed. “We will have to comply with Nolan." said one party source. The Labour leadership had hoped that unions would agree to money being pooled so that it could be used to bolster the party in marginal constituencies in the run-up to the genera] election. However, many unions including the Transport and General Work¬ ers’ Union, which sponsors Tony Blair, had baulked at the idea of losing total control over how their money was spent. Party sources emphasised last night that unions would have the option of funding constituencies held by Tory MPs with a marginal major¬ ity, and it is likely that sponsored MPs wall encour¬ age their unions to do so where possible. However, it is expected that some unions will still insist their funds go to the constituencies they have sup¬ ported hitherto. A party source admitted that it would be entirely up to the unions. This week’s report from the Commons Select Committee on Standards in Public Life on the disclosure of consultancies suggests that had the present system of trade union sponsor¬ ship continued, MPs would have to declare any funds paid by unions. However, under the new system, the money paid to constituencies would not have to be registered. □ Labour is demanding talks with the heads of executive agencies, such as the Prison Service, about the implemen¬ tation of its policies, in ad¬ vance of the general election {Nigel Williamson writes]. John Major confirmed yester¬ day that he had agreed that the Opposition could, begin talks with senior .civil servants in January about its plans. Opposition parties are cus¬ tomarily allowed to meet the permanent secretaries of Whitehall departments to¬ wards the end of a Parliament or when a general election had been called. Mr Major has agreed to the talks starting far earlier than usual. But Down¬ ing Street said yesterday that it had not yet been derided whether heads of agencies would be included in the talks. to move there. In his state¬ ment the duke showed his distress at press speculation that the death nf his brother.
• ar Syon House, the fam¬ ily’s west London home, may haw been dnig-relaled. He said: “In these dreadful Iasi days, the press hits in general been honest and kind about Harry and I. but the unscru¬ pulous will always lie if it suits their purpose and ii is upsetting to read articles based on ties. Dukes are perhaps an easy target for the jealous and a thick skin is the best key to survival." He said that his brother had also found the responsi¬ bilities of nobility uncomfort¬ able at limes. "Harry did not find ir easy to bear the rifle and the demands that were expected of him and he found escape and excitement in the film world. “Despite a debilitating ill¬ ness. Harry retained a great wir and intellect and relent¬ lessly pursued his passion for films and the film world. He was enormously proud of his film Lou in Africa." He described his brother's life as falling into two halves. SfttAN MOODY ^ li. The new duke with his son George. “1 would like to pass this estate to our heirs as good or better than it is now" with the early, vital days overtaken by illness. “He excelled ar school, as a dili¬ gent pupil and an accom¬ plished sportsman. He was a great all-rounder and was extremely popular. Following Harry through school was hard because of his success, and although I was in his shadow wr were great friends and remained so throughout his life.” Speaking of his future, the duke said: “I see mv role as curator of an ancient seat and chairman of a large business. 1 am respon¬ sible for a substantial area of land over w hich many people work and rake their leisure. I am also directly or indirectly responsible for the employ¬ ment of several hundred people. “If Jane and l can achieve one tiling in our lives, we would like to pass this estate and heritage to our heirs in as good or better condition than it is now. In doing so we will continue to expand our chari¬ ty work and help the local community as much as we can." Workers on the Northum¬ berland estate said in their own tribute ihat “Duke Har¬ ry". as he was known with affection, had left his mark on a distinguished dukedom. “Determined not to take on ihe traditional guise of a nobleman, he set his sights on being a modem man . The key ro his quest was that he was a romantic, the measure of his success was that he was so engagingly and so endear¬ ingly romantic." Family and close friends will today attend a private funeral at St Michael’s Church. Alnwick. A public service will be held later. Letters, page 21 Self Assessment Isn’t it time you got up to Is it ages and ages since you dealt with your tax? Then you must bring your affairs up to date before the new tax system called Self Assessment takes effect It will apply to everyone who receives a tax return including the self- employed, people running a business from home, hitter rate tax payers, company directors and some pensioners. The first Self Assessment tax return will be sent out in April 1997 for the tax year 1996/97. That’s not a long way off, especially if you’re already behind with your tax. If you stiff have any tax returns for 1994/95 (or earlier years) to complete, get them back to us quickly along with any outstanding accounts. If you have appealed, or are about to appeal, against an estimated tax assessment, send us the information so we can agree the right figures. And if you have any unpaid tax bills, please settle them as soon as possible. If you can’t pay all that you owe, contact your tax office, it may be possible for you to pay by instalments. People get behind for all sorts of reasons. Fear needn’t be one of them. If your affairs are in a muddler get in touch with your tax office (or accountant if you have one) now. Providing you don’t delay, there’s time for you to start the new tax system with a dean sheet. Under Self Assessment you’ll have a clear timetable of what to do by when. But failing to comply with the new rules could cost you interest and penalties. Vfith any change - even for the better - we understand you may have questions or concerns. To help you understand how Self Assessment will affect you, we’ve prepared a helpful booklet. To receive your copy just fill in the coupon or telephone our special number, anytime. (All calls are charged at the local rate.) 0345 16 15 14 24hr-...-24hr...... 24hr...... 24hr inland Revenue Self Assessment- a clearer tax system Please send me more information about Self Assessment. Please tick a box if you are:- Self employed 0 Employed Cl A Pensioner 0 Seeking work 0 Same (Xr/Xrs/Bm/Ms) Address Postcode SA/fHS/S/B/t PLE&SE RETMH CBUPOH TO. SEIF ASSESSHEIIT t S BOA 555 BRISTOL BS99 5UJ 3 ( Sc O Be Ju Pi A too ha be wa ov> wc pn na an dk cw J an of rat 10 la¬ in sqi «r pn dii Yv Jm Lo
• pa Ro So Co iuc am ten \ wtl Lft the lh£ Ba wrjl sbv aiii be« Co At Be 1 Jui Pi pu Th eni del on an act thi ( Six sec as tba ext 1 res S the Sir Bei alb eis 6 WEST TRIAL THE TIMES SATURDAY NOVEMBER 41995 THE first taped interview with Frederick West heard by the court was conducted on Febru¬ ary 25, 1994. the day he was arrested on suspicion of mur¬ dering Heather, his 16-year- old daughter. The tape began with a police officer cautioning West that he did not have to say anything but that any¬ thing he did say could be used in evidence against him. “You have been arrested early this morning by my colleague on suspicion of mur¬ dering your daughter Heather West,” the detective said. “Can you tell me, in your own words, exactly what you know about this?” In a Thick West Country accent, speaking quickly. West told the detective: “What hap¬ pened was Heather was going to leave home the day before and we stopped her." He had asked her to stay the night to “talk it over". "Heather cried all night because she wanted to leave home. Rose said. ‘Let her go. I will go out and draw money oul £600. and give her. and let her go.' I said, ‘All right, then.' Rosemary went to get the money... f said. ‘Dont hurry back and give me a chance to talk to Heather.’ ” West told the interviewing officers. Detective Constables Hazel Savage and Darren Law. that the following morn¬ ing he and Heather argued while Mrs West was shop¬ ping, “She’s standing there with her hands on her hips... you know, the big lady busi¬ ness. She said. ’If you don't let me go, PI! give all the kids acid and they'll jump off the church roof and be dead on the floor.' lid already known that she had given it to Barry lone of the Wests’ younger children) because Barry had already jumped off the church roof. “So she stood there and she had a sort of smile and a smirk on her face, i lunged at her... and grabbed her around the throat... she didn’t bring her arms up to stop me and I held her for a minute. “l ean just remember lung¬ ing for her throat and the next minute she's gone blue. I looked at her and 1 was heather WEST shaking from head to foot. 1 mean, what the heck had gone wrong? "I put her on the floor, blowed air into her mouth, pumped on her chest and she just kept going bluer ... I didn't know what to do. I didn’t know when Rose was due to walk in. “I never intended to hurt her. I mean. I just went to grab her. to shake her, to say. Take that stupid smirk off your face.’ I was going to smack her across the face but some years before me and Rose had a word or two, I smacked her Heather West: remains found beneath patio across the face and dislocated her jaw'. “Heather was just flat out and [ thought I’ve got to do something ... I was going to put her in the Wendy house. 1 tried to get her in the dustbin. I couldn’t get her in. At that time we used to have one of those big ice saws for cutring big blows of ice. so I cut her legs off with that, and I’m telling you l have lived that a million times since. “Then I cut her head off, then l put her m the bin and put the lid on, rolled it down to the bottom of the garden behind the Wendy house, covered it up and left it there. Then Rose must have come back ... and she said, ’Did you persuade Heather to stay? 1 1 said she had decided to go and that was it. I sent Rose out... with the current bloke to stay with him for the night Then 1 went down and I dug this hole and buried fHeather[ down behind the fence." Later West laid a patio over the grave, he told detectives. During the interviews he gave a precise location for his daughter's body, knowing that excavations were about to begin at 25 Cromwell Street. Gloucester. Asked by Ms Sav¬ age what sort of grave the police should be looking for, he said: “Just a hole in the ground." Ms Savage: “And what's going to be in this hole in the ground?" West “Heath¬ er.” Ms Savage: “In how many pieces?" West: “Two legs and a head and a body." He is asked about the weap¬ on he used to dismember his daughter's body. “It would be probably just over a foot in length and it's got big teeth blades on the one side. It's reasonably rigid, it has got to cm ice." West was asked if his cloth¬ ing had become bloodstained. “No, not to my knowledge ... she was quite cold, really cold, before I decided what to do with her. “I took her in the downstairs bathroom and put cold water flannels on her face. That is something I’ve had to live with for eight years. It’s not easy, because I loved Heather and that's why I was trying ro persuade her not to go.” Ms Savage said: “And what have you told Rose about Heather’s whereabouts ever since?” West: ‘That she’d left home... gone down to Brigh¬ ton or Bournemouth. The thing Hd like to stress... Rose knew nothing at alL Rose used to say, ‘Christ 1 wish we’d try and get in contact and find out where Heather is.' Although they didn’t get on. she still loved her." Rosemary West, 41. has denied murdering nine girls and a young woman, includ¬ ing Heather. The trial contin¬ ues on Monday. 25 CROMWELL STREET, GLOUCESTER GRAftflC.jOHN LAWSON Jury listens to tape of Frederick West describing how he dismem bered and buried his daughter ‘I never intended to hurt her, I just went to shake her’ Lovers were killed when they threatened to tell Rosemary WEST identified sites in the basement of Cromwell Street where he said the remains of young women could be found. The only identities be could remember were those of Lucy Partington and Lyn¬ da Gough. “There’s so many ...all these girls I’ve had affairs with and that’s why they ended up this way because they threatened to tell Rose. “Cos what happened — all these girls did exactly the same thing. I was made quite dear that 1 was married to Rose and I don't want noth¬ ing to do with them, nothing serious — it was just ‘thank you mam. finished'. “And every one of them did exactly the same thing ... 1 love you. I'm pregnant I'm going to tell Rose, 1 want you to come and live with me and that was a problem." Asked how many of the girls were pregnant he said he did not know. West agreed it would not be difficult for police to reach the remains of Lynda Gough, who. he said, was buried in what had been ^CROMWELL STREET a car-repair pit beneath a garage now converted into a bathroom. Her body was “quite deep", be said. No other bodies were in the pit he said. There were also no other bodies beneath the ground floor of the house, he said. “The reason ... was because they would have been too close to Rose.” he told police. Other bodies were under the cellar, he said, explaining how he had altered the access to the cellar over the years. The first spot beneath the cellar, where he indicated that a body would be found had been used for“a girl from Newent |a small town near Gloucester!", he said After bring told that the girls* bodies were being num¬ bered. be said "Body One is right in the fireplace of the basement As you go down the stairs there’s a fireplace straight in front of you." He said of the victim: “She and 1 had an affair. I think she was Dutch or something, i had an affair with her. She was having a holiday over here, and then she threatened to tell Rose." He could not remember the girls' names. West told the officers. “I have no idea what their names are. I knew the names at the time, but I have no idea now ... they are ail around the 17 to 20 mark.” West was also asked: “Is there anything you want to say about what we have talked about so far. with regard to other offences?" West replied: “Na there is no other offences." The of¬ ficer asked him about other bodies. West replied: “Na there ain't any." West was then quizzed about a young girl in Newent whom he was said to have raped twice. .Again he angrily denied the allegation. He claimed that they had gone together for two years. The interviewing officer suggested that he found it difficult to cope with allega¬ tions of rape. West replied: T never raped anybody.” The officer pointed out that he killed people* West told the interviewer “You even get killing wrong, you are trying to make out I went out blatantly killing people." The officer suggested that some of the victims had gone through fteiL West replied: “Not all went through hell... enjoyment turned to disaster, or most of it anyway." And he admitted: Tf is your job to investigate this thing and not to believe what I say altogether" As the fourth tape continued. West indicat¬ ed his concern at the number of statements the police were collecting about him. A detec¬ tive said that many were needed to establish facts, such as who was living at 25 Cromwell Street during the time of the deaths. When West again referred •to the large number of state¬ ments he was aware of, Detective Constable Hazel Savage told him: “You ain't seen nothing yet" < Murders started with Rena and child of seven WEST told police that his killings had begun with the murders of his first wife Rena Costello and his stepdaughter Charmaine. West was with Howard Ogden, his solicitor; Scott Caravan, the solicitor's clerk; and an “appropriate, adult". Janet Leach, when he was interviewed again by Detective Constables Darren Law and Hazel Savage- Constable Savage asked: “What was the very first body?” West, replied quietly: "That was Rena." It happened, he said, after Rena came to collect Chanmaine- “That is exactly true. My main prob¬ lem was Rose in finding out what was going on." Rena had threatened Rose¬ mary, and Rena had gone round to 25 Midland Road to collect Charmaine, West said.- He had taken them to a pub and ensured that his wife became “absolutely paralytic". Charmaine, aged seven at the . time, had been given a bottle of lager to drink so she would fall asleep. Having made Rena Costello drunk. West then drove to an isolated field. “1 took her out to Dymock In the country and I strangled her and buried her. “Charmaine ... was sound asleep and I’d forgotten all about her. 1 strangled Rena, dug the hole, cut her up and buried her and then I went back to the van and (here was Charmaine in the back. “So anyway, I strangled her while she was sleeping ‘cos there’s no way I could have touched her any other way. I wrapped her up in the back and drove back to 25 Midland Road. There was a garage up the side ... and you could go out of the back into another little workshop and under¬ neath the house into the base¬ ment. And 1 put her in there. Then 1 buried her there." West was reminded that he had seemed to suggest that Charmaine was the only vic¬ tim who was not mutilated. He said: “She was young, she was seven, she was pure." : mmma 1 ■ ■:■■■. ••• r . i ? w
• -"54 BJRO . %TUHNB.y For some prisoners of conscience, death is the only release Use this card to give them an alternative There are hundreds of people in prison throughout the world whose only ‘crime’ is to hold different beliefs to their government. They have little hope of ever being freed - unless sufficient pressure is put on their captors. Il is no easy task. The fight against oppression is long, hard and expensive. There is. however, an easy way for you to help - at no cost to you. The Amnesty International Visa Card If you open an Amnesty International Visa Card account. The Co-operative Bank gives Amnesty £5. And for every £100 you spend on the card, the Bank gives a further 29p. These donations quickly build to a worthwhile tnuS. List year aiunc. Amnesty International raised £30.000 through the card. You could help them raise even more. The Amnesty card offers you significant benefits ioo.tr is guaranteed to be free of annual charges for life*. And you can transfer the balance from any existing credit card you hold and pay it off at just 1% per month, 12.6% APR variable. To find out mow, return the coupon or CALL FREE; 0800 129 000 »bcn rfic c^wruitr .(. pUsbc < uu i Teferenw numhw sj.vw Ft) HE iu. ^{| toncM* Vh,. jrd. HU-F.rn.TI (MRU 142), M I 'W. | Mew fa* *Ulk rf fc} I I I h«rrnuF I IKWP TO. no llhfc. If bmrtd, I 5«M» NAJt£ AKiflfiM *U »ni m lu,i rii nmc i nur Lrain txIUm jtt iwAvksf hr n«-Hint AAARIEjSTV IMTCPSI „ _ pit. lltaAm^Mouncrlicll l)r-id.ur Mihtn*m wsii* v**™, | I 111 1 cnra/ll|On|fl| ^{r jnfbbir thwjpnf IK nx|una IV IVinli but dciUnr m fipiaaihin rjr'iU t. ..ill, Hiiilil.lt u, Umivml-rtirf lunxr bwrTvukrol S j Uch**4,i» 1 Uimi, hi, -Ijr) I tjffnU 1 ggftNOVEM ft , ! "1 U ^s ! j started'! 1 wt h Re,! ? a « d child j . ^ofseve, j U—5*^TWiFg' ' »»»] { Charn}- T i Howard ; &*? Cana- in ; ; >^
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• ''“"ii«■! v " ^{j Re; I •-r'u-| I v ! •Xt:_V •. • W&Z.VT; B*#- • ■ ••• .’• m - i of is THE TIMES SATURDAY NOVEMBER 41995 WEST TRIAL My main purpose has been to protect person or persons and there’s nothing else I’m going to say’ West said he picked Rape victim w, up women for sex ES r Iu ?‘ ed 1 t . 0 ho “ Sl and strangled them for !1 U Z!} 8 QUESTIONED abour the murder of those victims whose names he could not recall, West told detectives that he had taken one young woman home in his van after “knock* ins her out cold". Once at Cromwell Street he dragged her into the basement, put her on the floor and then strangled her. "1 took her clothes off to make it easier to fold her up." he said. The voting woman was then buried. He told detectives that he now thought two of the girls were from the Worcester area, and said he was earlier mixed up about whether another victim was Dutch or German. West said two of his victims were prostitutes he had picked up m his lorry. Telling detec¬ tives of the first he said: “I picked her up in Worcester and the next minute she was messing about with me while I’m driving. So anyway I stopped, went in the first place I could, and that was it. We made love." He said the pair had almost reached Tewkesbury - when the girl said “Tharll be a fiver’, or something. 'You don't forger to pay me." West said: “I said to her I donl carry money. She. 'you’ll pay me dr I'll report you’. I said, 'report me for what?, and she said, “you raped me’. So I stopped the lorry and we had a right set-to. and the next minute 1 smacked her up against a window and she just dropped, and urn, anyway I OTHER VICTIMS strangled her or held my hands round her neck." West then said he drove home and took her intu the basement where he was al¬ ready excavating to put in a new bathroom. “So I just put her in. in the hole I had there, and filled it up." West then said he was driving a lorry for a living at the time, but had no recollec¬ tion of when the killings look place. He said he would "just get rid of what I’d done and be done with it without Rose knowing”. He said he again remem¬ bered little of his next victim, who he picked up outside Worcester. When he refused her demands for money after they had sex. she said "You're the sort of person who goes with slags* or something to that effect." West then said: “As soon as she said that. 1 thought of Rose, and Rose is no slag, as far as I was concerned. So I went for her. and then the same thing happened." One officer pointed out that the previous evening, when he was taken to the cellar and had used spray paint to mark the positions where bodies would be found, the areas marked were “half the size of this table”, about three foot by three fooL He was asked: “Did you take their clothes off? Were they naked when you buried them, or not?" Asked if he had mutilated one body. West said: “I can’t see how 1 could have cut her up with Rose asleep above that room." West was then asked about the "Dulch girl". He told detectives he also picked her up at Worcester. “1 just hit her. She went up against the window (of his lorry), she was out cold," he said. For some reason he urgently had to get home and rang Rose, who was going out. to make sure she would nor be there when he arrived. West told the officers he took the girl — “she was still alive, still out cold" — down to the basement where there was already a hole where he had dug out an old fireplace. “I put her on ihe door and I stran¬ gled her. I think she was shoved into the hole, almost sat up." He said he had taken her clothes off to make it easier to fold her up. He put her clothes in a black plastic bag which he left out for the dustmen. Detective Constable Darren Law told the court that West told lie after lie during the interviews. However, on April 29 he was to tell police that he had nor told them “the whole truth". Reading from a pre¬ pared statement West said: “From the first of this inquiry my main purpose has been to protect person or persons and there's nothing else I’m going to say at this moment." ‘She come the loving racket and wanted to live with me’ IN THE second taped inter¬ view, West was asked about Lucy Partington, who was a student at Exeter University. She disappeared on Decem¬ ber 27. 197i after leaving a friend's house in Cheltenham to catch a bus home. Asked if she was one of the victims in the cellar. West replied: “Yeah, she’s there." He daimed to have had an affair with Miss Partington after meeting her on a boating lake at Pittvflle Park. Chelten¬ ham. He told the interviewing officers* he used to call her “Juicy Lucy". He said that he could not describe the girl because it was so long ago. Detective Constable Hazel Savage: “But you remembered me." West “Let’s be honest I mean when you and I first met you gotta to be about the beautifuiest woman in Gloucestershire, weren’t you?" DC Savage “All right let’s stop the rub¬ bish, Fred.” West began to explain how he killed Miss Partington and took her back to Cromwell Street "I used to drop her at the bus, so 1 met her this night and what she’d done, she’d found our phone num¬ ber. She come the loving racket and was gonna give this boyfriend up and wanted to come and live with me. and all this rubbish that they come up with. We had a row over it and 1 mean it was always made clear to these girls that there was no affair. It was just purely sex. end of story, and if they ever tried to threaten to tdl my wife of anything, they could be in serious trouble." Leter he said: “1 just grabbed her by the throat and then 1 drove back to Glouces¬ ter. 1 brought the van up over the pavement, then I knocked the engine and lights out, and let him cruise down to the back.” A ramp on the pave¬ ment let him drive to the side of the house The basement was reached by a “hole" and by a flight of steps. He indicated to officers where in the basement be believed the body was buried. Reports by BILL FROST and RICHARD DUCE ■rJl Rape victim was lured to house for lesbian affair CAROLINE OWENS The tapes of police interviews with West pictured here last year, were played to the court yesterday. He said that “enjoyment turned to disaster" in his anairs IN A taped interview lasting 45 minutes. West was asked about the attack on Caroline Owens. He said he picked her up to involve his wife Rose¬ mary in lesbian affairs. West said: “I had no intention of going too far with Rose that night. Anyway, it was just to try her on lesbianism and see how she would react to it. Thar's all it went, it really went wrong after that. After that Rose was nor involved in anything." West 'told the police officer there was no thought of killing Caroline Owens at that stage. He added: “1 am not saying it would not have went rhar far if Rose had acted differently. I suppose." The officer asked West what he would have done if Mrs West had enjoyed it. West replied: “I had noi Thought Thai far ahead. 1 think it would have went a lot further. I would have proba¬ bly have taken her back home, put her in bondage. But Rose did not warn to know about it. Never mind whar cite girl said. Rose did not want to know." West maintained that his wife never had anything to do with bondage. He’added: “We tried it in later life but no way did Rose have anything to do with it. 1 realised that Rose was not into that sort of thing and that was it. The other thing in my mind was the fact I killed Rena and Chatmaine and 1 thought. ’Jesus, if Rose gets to know about that where is it going to end?’.” An officer suggested that he might not have found ii too hard to kill Mrs Owens, who gave evidence earlier in the trial. West maintained that it probably would have hap¬ pened. He said: “I think I would have went too far with it if Rose had been willing. 1 had to stop it quick because Rose was not into it. "Once Rose touched her and she screamed, then that was Rose finished. Rose just said. ‘Drop her home’. “I said. 1 cant'. I couldn’t just take her and drop her like that.” Asked why he could not have taken the’girl home, he said: "She would go screaming and ten minutes later we would have the cops at the door." .Asked about the rape of Caroline Owens, he said Mrs West was not there at the time. “Rose backed completely out of it." he said. When a detec¬ tive told West that the officers were not paranoid about in¬ volving Mrs West in the case. West stood by' his replies that his wife was not involved. “Me and Rose never went out to pick anybody up. to harm anybody." he insisted. “What¬ ever girls 1 knew, it was nothing to do with Rose." Suzuki Baleno... now with free insurance’ there’s simply no comparison You be the judge. Let's examine the facts. First, 12 months' free insurance" and the price. £9,695’ for a new four door saloon? Hard to believe, but true. Next, the standard specification. Full size dual airbags, power steering, electric windows, central locking and side Impact protection beams. Unheard of in this class surely? Not in the Baleno. Any other evidence? How about a 97bhp 16-valve fuel-injected engine. 3 year new vehicle warranty. 6 year perforation warranty. 12 months’ 24 hour roadside assistance. And 145 dealers nationwide. 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  8 HOME NEWS Ban on I THE TIMES SATURDAY NOVEMBER 41995 Ban on Sultan of Brunei’s brother pays £243m for troubled royal jeweller Forces Tlie sho P for people survives who have oh and appeal :A

  '-ft By Michael Evans DEFENCE CORRESPONDENT money to hum Killer ofr violent lover is freed By Alan Hamilton THE Governments ban an homosexuality in the Armed Forces survived another legal challenge yesterday when die Court of Appeal rejected the case of four former service personnel discharged for being gay. However, in his judgment Sir Thomas Bingham. Master of the Rolls, implicitly criti¬ cised the ban, saying “to dismiss a person from his or her employment on the grounds of a private sexual preference, and to interrogate him or her about private sexual behaviour, would not appear to me to show respect for that person's private and family life". Sir Thomas, who denied the three men and a woman leave to appeal to the House of Lords, said their claim that the Government’s policy was “ir- rational-could not be substan¬ tiated because, at the time of . their discharge, the ban on homosexuality was supported | by bath Houses of Parliament | and “by those to whom the j Ministry of Defence properly looked for professional ad¬ vice". Nevertheless, there had been a “discernible trend" in Britain towards greater un¬ derstanding and tolerance of homosexuals, which was “an important feature of this case". The four appellants — Dun¬ can Lusrig-Prean, a former Lieutenant-Commander in the Royal Navy. Graeme Grady, a former RAF sergeant Jeanette Smith, an ex-Navy nurse, and John Beckett, a naval weapons engineer — said Sir Thomases judgment appeared to encour¬ age them to take their case to the Law Lords. Lawyers acting for the four said if this failed, they would pursue the matter to the European Court of Human Rights. David Pannick. QC. acting for three of the appellants, told Sir Thomas: “We’ll be off to Strasbourg on the first avail¬ able plane". Mr Lustig-Prean said later he was saddened by the “horn¬ pipe of homophobia" in the Services and would fight oil ASPREY, once the quintes¬ sence of refined British upper- class luxury, may in recoil years have become something of a bauble bazaar for the world’s oil potentates, but it remains one of the world’s leading purveyors of things you never realised you needed. Nothing so vulgar as price tags graces the goods in its Bond Street windows but, once through the door beneath a festoon of royal warrants, the shopper leaves traditional English taste behind and en¬ ters a world of price tickets written in telephone numbers. Yesterday the most expen¬ sive hem on display was a pair of German-carved rock crystal rearing horses with saddles and bridles in IS-carai gold, at E53G.000the pair. Too small at only a foot high? Then how about a pair of life-size pan¬ thers in oxidised silver, with gold claws and a dozen dia¬ monds stuffed up their gilded noses, at £450,000? Asprey keeps a discreet side room for displays of the truly bizarre, perhaps because no self-respecting client would wish to perform in public the act of paying £500.000 for an indescribably hideous gold and malachite mantelpiece dock surmounted by a pair of electrically driven mounted polo players who swing their mallets on the hour. Evert the on-off switch is encrusted with diamonds and rubies. Too unutterably brash? Then how about an 18in-high box of silver gilt and finest blue lapis lazuli, with a jew- Asprey, the Bond Street luxury goods group and jeweller to the Queen, confirmed yesterday that it was being sold for £2435 million to His Royal Highness Prince Jefri Bolklah of Brunei the brother of the Sultan of Brunei the world’s richest man. Prince Jefri offered to buy the financially troubled re¬ tail group. He has had links with the company for years and broached the idea of investing in it this summer. John Asprey, chairman, will continue as group chairman. Business News, page 25 elled handle sticking out of the side and a glass slot in the top? It is, on closer inspection, a genuine and fully working one-armed bandit. At £250,000, it is affordable only to those who have enjoyed a remarkable run of luck on the Strip in Las Vegas. By contrast die trifling trin¬ kets on the front counter seem positively utilitarian. For E15 you can pick up a gold-plated device that attaches a wine glass to the rim of a plate, thereby allowing the user one free hand with which to eat at stand-up buffets. And what lady of quality would contemplate setting cut for a restaurant without her personal £28 handbag-sized gold pepper mill? There is obviously some rich corner of the Earth where restaurants are constantly running out of pepper. Founded in 1781 and for most of its life a private family business, Asprey’s style changed in die Eighties. It became a publicly quoted company and its newly in¬ stalled chief executive, the Palestinian businessman and socialite Naim Attallah. found new and brisk business among Middle Eastern cus¬ tomers. the new super-rich of the oil sheikhdoms. The company won a Queen's Award for export in
• It was rumoured at one stage that 40 per cent of Asprey’s income came from only ten diems, including the Sultans of Brunei and Oman. From its original Bond Street base, the company ven¬ tured on a perilous expansion, swallowing up Garrards — its only serious rival — Mappin and Webb, Watches of Swit¬ zerland and the Edinburgh crown jeweller Hamilton and Inches. Expansion has cost the company dear, however a £25.4 million profit for 1993-94 was replaced by a £9.8 million loss for 1994-95. The sultans and the sheikhs are not as fabulously rich as they once were. Even in the lean Nineties. Asprey manages to cling to a vestige of style in its dealings, if not taste in its merchandise. Even if you step inside to pick up a free catalogue, the staff will put it in a swanky carrier bag for you. \ woman who strangled her lover with Iris football scarf after ten years of b ratal treatment was Greed by Lord Clyde at the High Court in Edinburgh. Darina Mo- Aulay. 35, who admitted culpable homicide, killed Daniel Mann at their home in Perth. The judge deferred sen¬ tence for a year and described Mann as a mon¬ ster- The court was told Mann, 42, was a violent alcoholic and drug user ob¬ sessed with the occult, Hitler and the Foreign Legion. Aquatic attraction A national aquarium is to be built on a waterside site in- Plymouth. The 40,000 sq ft project, which is receiving a £3.7 million grant from the European Union, will have two reefs and a shark tank and is expected to attract 500,000 people a year. ' Arsonist jailed A man who set fire to several homes and his boss’s car was jailed for eight years fay Snaresbrook Grown Court Jason FOIL 2ft of Nazeing, Essex: admitted three sample counts of arson and an of¬ fence involving recklessness as to endangering life. £172,000 chair in Bond Street its lion toss for 1994-95 of silver gilt and finest personal £28 handbag-sized - Seriously rich clients have cut their spending at Asprey in Bond Street Its » lapis lazuli, with a jew- gold pepper mill? There is James Bartholomew, page 20 £25.4 million profit in 1993-94 was replaced by a £9.8 million toss for 1994-95 Playboy prince revels in world of high-speed spending A high-hacked oak chair made nearly 100 years ago by Charles Rennie Mackintosh, the Glaswegian architect and designer, for the city's Argyfe Street tearooms_sold at Sotheby's in London yester¬ day for £172,000. Drug plot foiled By Alan Hamilton ONCE again. Asprey is in the hands of the preposterously rich, a shrinking breed in the spare and slimmeti-down Nineties. Prince Jefri Bo Uriah is the younger brother of the Sultan of Brunei a man whose reputed £20 billion fortune is based mainly on the oQ revenues from his tiny state in north Borneo, and with whom Queen Elizabeth II is by comparison a deserv¬ ing social security case. Prince Jett’s extravagance is legendary. When be stayed at his elder brother’s London pted-d-tiem, the Dorchester in Park Lane, where mere suites tend towards the £1.000 a nigfrt bracket, he would book three whole floors of the hotel When Jaguar launched its desirable but impossibly expensive XJ-220 model, at £419.000 one of the most costly production cars ever offered for sale. Prince Jett ordered four. The prince, aged 46. is currently converting the Play¬ boy Club, a near neighbour of the Dorchester in Park Lane and once the haunt of gam- c/jo biing-obsessed Arab million¬ aires in the high-rolling days of petrodollars,' into one of the largest and most luxurious palaces in London. It threat¬ ens to make the headquarters of our native monarchy at the bottom of The Mall look like public-sector housing by comparison. Prince Jett is also repor¬ tedly in negotiation to buy the former headquarters of MIS in nearby Curzon Street, which the Government has put up for sale with a price tag of £50 million. What he intends to do with it is not entirely dear. The Brunei family has at least five substantial homes in London. They own three man¬ sions on Bishop's Avenue, the so-called millionaires' row in Hampstead, north London, which is famous for the vul¬ garity of its facades as well as for the wealth of Its residents. . "• •m Mil 1 ” -'AMI

  Prince Jefri Bolkiah: he bought four Jaguars Prince Jefri is converting one of the bouses into a gymnasi¬ um. “It is an extraordinary project; I cannot ever remem¬ ber someone in London turn¬ ing a whole house into a gym for their personal use; not even Princess Diana has her own gym." a north London estate agent said yesterday. Links between Britain and Brunei are traditionally strong. The present Sultan's father was such an admirer of Sir Winston Churchill that he created a museum to the wartime prime minister in the Brunei capital Bandar Seri Begawan, Brunei, fearful of incursions from Indonesia, which occupies the greater part of the island of Borneo, has a detachment of the British .Army's Brigade of Gurkhas on permanent sta¬ tion in its minute oil-rich state. John Asprey. group chair¬ man and a direct descendant of the group's 18th-century founder, said: “My family and 1 have known Prince Jem and < his family for many years. He and his family are important j customers of the Asprey j group." Islwyn Jones. 6k and his wife Evelyn. 59. of Cardiff; admit¬ ted at Tavistocfciviagistrates' Court using a boy aged K to try to smuggle drags to their son in jail. They were given six-month suspended sen¬ tences and each fined £200. Mother’s deniaL The mother of RftkUVeave denied bis murder when she appeared at Oxford Crown Court Rikkl ft was founds strangled near-tris Peter¬ borough home. ‘Ruth Neave. 27, was remanded in custody. The trial is due next summer. Magpie theft Thieves stole a football from the statue of Jackie Mflburn the former Newcastle United centre-forward. The ball was at the foot of the dry centre statue. “It is very heavy and would require more than one person to take it" police said. i

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  L - ??CET5 ' D 5V THE TIMES SATURDAY NOVEMBER 41995 Research shows new policy could save 1,000 Women are denied double X-ray checks for cancer A ftAM BUTLER home NEWS 9 Sick Caine forced to bow out By Jeremy Laurance, health correspondent MOST women screened for breast cancer still receive only one X-ray of each breast, despite research showing that more cancers would be detect¬ ed with two X-rays. More than a million women a year are screened for breast cancer but only those attend¬ ing for the first time, between a quarter and a third of the total, receive two X-rays taken from different angles. Second and subsequent attenders re¬ ceive only one. The change in policy, an¬ nounced last January and introduced in August, fol¬ lowed early results from a trial of 40,000 women screened for the first rime which showed that using two X-rays detected 24 per cent more cancers than a single X-ray. Two X-rays taken at different angles make it easier to spot small lumps in the breast which may be malignant- They also reduce the num¬ ber of women recalled for further tests who turn out not to have cancer but are need¬ lessly alarmed. A spokeswoman for the NHS breast screening pro¬ gramme said that two X-rays were not necessary in second and subsequent screenings because the earlier X-rays would be available for com¬ parison. Something that looked doubtful on a current X-ray could be checked to see if it was present at the earlier screening. However, the final report of the trial by Professor Nicholas Wald, of St Bartholomew's Hospital, central London, published in today's British Medical Journal, says: "The availability of a previous film for comparison is not a substi¬ tute for a second view.” It says that in all but one of 23 women whose cancer was missed by a single X-ray but detected with two X-rays that their breasts were described as normal. “Hence it was rare to. find a lesion that could be looked for in an earlier film to Church schools unite against opting-out plan By David Charter, education correpondent ANGLICAN and Roman. Catholic bishops are prepar¬ ing a “united front" to oppose government plans to force all denominational schools to opt out of their local authorities. This would include moves in the House of Lords to block any legislation depriving par¬ ents of church school pupils of their right to choose the status of their schoaL Church leaders have been prompted to act by the Gov¬ ernment's plan -for a “fast track” to grant-maintained status for the 4,032 voluntary aided schools run by the churches and local authorities. Fewer than 350 have chosen to opt out. The leaders have until Nov¬ ember 24 to respond to propos¬ als that include scrapping parental ballots, removing local authority members from governing boards and setting a deadline for all the aided schools to become grant-main¬ tained unless they apply to stay “opted in”. One senior Anglican said: “You will find there will be a united front between the An¬ glican s-and Roman Catholics on this. They are planning a strong response, and certainly parents of church schools would not want to have their rights reduced." The Catholic Church's formal response to the proposals is due to be decided at the Catholic Bish¬ ops’ Conference on November
• The Church of England’s response will be discussed at the General Synod board of education meeting that week. The consultation, launched on October 27, is the first step in John Major's often-stated desire to see all schools cut their ties with local councils. Gillian Shephard, the Educa¬ tion and Employment Secre¬ tary. said the aided schools were being targeted because they were already “a short step from self-government". However the National Gov¬ ernors' Council wrote to Mrs Shephard yesterday com¬ plaining about die short per¬ iod allowed for consulting on the “fast-track" plans. Jack Monish, the vice chair¬ man, called for an extension until mid-January, bearing in mind the department's pro¬ posals in the summer for all consultations to last at least ten weeks. Just 1.097 of the 24,000 schools in England and Wales have chosen to opt out of local- authority control since the policy was introduced in Sep¬ tember I9S8. LEAVE IT ALL BEHIND YOU Get 12% off UNMET Winter Sun holkbysand flights w hen you visit your local Thomas Conk shop nr phone our credit caul booking line on 01733 33 55 70* quoting TC 2^8 because were the host in the relaxation business. see if it had progressed. 1 Hie

  researchers estimate that 99 extra lives per 100.000 women screened will be saved over 15 years if two X-rays are used “over all screening examina¬ tions”. Of the 12 million women screened in 1992-03. this would mean an extra 1,000 lives saved. Although the results are based on women who were screened for the first time, the paper says: “There will contin¬ ue to be a medical benefit in using two-view mammogra¬ phy at subsequent screening examinations, though the size of the benefit is less certain. Even with a small benefit the cost per case detected would be similar to that with one-view mammography." Dr Julie Cooke, director of the Jarvis breast screening centre in Guildford, which is attended by 26.000 women a year, rejected Professor Wald's conclusion. “It is a slightly sweeping statement for which there is no scientific evidence at present His study was based on first attenders. Women do not need two views at every screening.” Dr Cooke said she had had no complaints about the switch to two mammograms for .first attenders. “A mam¬ mogram can be uncomfort¬ able for a number of women — about 10 per cent — partly because the breast is squashed and partly because for the first view from the side the edge of- the X-ray plate has to be pressed into the armpit But the second view from above is more comforfoble.”

  She said me women wor¬ ried about the radiation dose but this was low and the benefit in terms of lives saved by detecting extra cancers far outweighed it Ail women aged between 50 and 64 are invited for breast screening every three years. Older women are entitled to free screening on request Younger women must be re¬ ferred by their GPS. THE actress Marti Came, who has fought a sewn-yem- battle against cancer, is back in .hospital and has had to cancel her pantomime ap¬ pearance. “She is undergo- treatment to cornua' a ■ reaction to previous medica¬ tion." her spokeswoman said
• yesterday.

  Caine. 50, had been in hospital fin- “just over a week” and it was not an emer¬ gency admisston, the spokes¬ woman said. “It is expected she will he able to leave bos- Marti Caine was given two years to live in 1988, when doctors diagnosed cancer

  a:-recOTery period and that 'win preclude ha from ha pa ntom ime en wimte naits.” The actress, who is being treated in St Bartholomew’s Hospital. London, was given two years to live in 1988 when . doctors diagnosed cancer of fhetynph glands. She under¬ went a bone marrow trans¬ plant in 1992.
• Caine had planned to play the Red Queen in Snow White in Basingstoke. She to pull out of the same role in 1992, when doctors advised against the twice- dafly performances. iH?fr i« a. jiUMr he ■ "Minimi nil l~ih Woiilirr iKIil i* «utn*ct inlhr fur.'fiav •« niftn k li.’tcxur till,- ihv* n>.i jpplj I nw r Ainwfc-i •» IW CjnN«-JH ta.idniw- IWI" ipr'P' ••• "T-»!limil 4,1.1 I«m It. , linrr.1 At I wnr prtng In (WM J XI l-- ■ !>• ■! 'Hill irumj erf.!# I,,.me ■vnftW.li ±ud nut-K nrihr waid-,l-i« Vmhlj, '» r,ldi< •un xprn All h.'J.iLn'. wihjni In jvaiblnlil* T ' ,r ••A i.f,iu|> Liil UlT I .Kn. Mini, j. A*ror luf I'niKf VRH. 1121 10 HOME NEWS THE TIMES SATURDAY NOVEMBER 41995 3 c Sf Ci Be Ju [ft A ho ha be W5 on wc pn na an dk cot i an of rat to ter in en p rt db Yv Jut Lo
• pa Ro So CO iuc an ter wti La the tin Be writ sht an< be« Cfi At Be- Jut Pa yu Th en! del art an act thi l Su sec as tha ext 1 res ap| Hi the Sir Bet all. us Preacher of the Year: sermon that won the title with an exposition of Gospel beatitude It’s purity of heart Barry Overend Y ou won’t know Mrs Went¬ worth. Or at least not the Mrs Wentworth I’m talking about But her name cropped up in conversation as I was prepar¬ ing for this sermon. You see, I didn't just want to look up what St Augustine, John Wesley and Sir Cliff Richard have had to say about my text — “How blest are those whose hearts are pure; they shall see God.” I wanted to know what your average Tom, Dick and Mary make of it So 1 asked them — just one deceptively simple question. “What does purity of heart mean to your Their answers were mostly pre¬ dictable. “It means unselfishness." “It means not being hypocritical." “It means always thinking good things.’ But one response was unexpected. “What does purity of heart mean to you?" f asked this particular chap. And quick as a flash he replied: “Mrs Went¬ worth!" Now. knowing Mrs Went¬ worth as I do — an elderly woman of transparent goodness — I knew at once what that man meant And all of a sudden a somewhat hazy rext shifted, at least a little bit into focus. And purity of heart had a familiar face. I caU it a hazy text because, in the dim and distant past the original Hebrew concept of purity was inextricably Jinked with the meticulous observance of religion. But it isn't for us. Hence the need for what 1 call a “Mr Spocfc approach'' to this beatitude. Mr Spock, you might remember, was that amiable half- human, half-alien on Captain Kirk's Starship Enterprise. Re¬ calling one of his catch phrases, I can imagine him pondering this text and concluding: “it’s purity Jim. but not as we know itf inso¬ far as we do know rt, purity of heart does include all those things that people trotted out in response to my question — being unselfish, not being hypocritical, thinking good thoughts and that almost in¬ definable something extra the Mrs Wentworths of this world possess. Many of us will be familiar with John Keble’s sung version of this beatitude “Blest are the pure in heart, for they shall see our God. The secret of the Lord is theirs...” The Mrs Wentworths do seem to have been let into a sort of secret It's the secret of bow to wear your successes without arrogance and to bear your failures without resentment: the secret of how to admire without envy, reproach without malice, care without con¬ descending and love without lusting. And, most remarkable of ait it is a secret that enables at least some of the pure in heart to pray without pretence, what The Book of Common Prayer des¬ cribes as neither “dissembling nor cloaking our manifold sins and wickedness". I have a feeling that the secret of the pure in hean is precisely their refusal — almost their inability — to dissemble and doak, both their strengths and their weaknesses, so they can accept deserved praise and take justified criticism with equal grace. And when they say “I’m sorry" be it to God or their neighbour, they mean just that and only that. Not. “I'm sorry, but I've been under a lot of pressure at work, and we’re having trouble at borne with our 14-year-old. and to cap it all the dog had to be ptzt down last week, and you know bow it is when it all gets on top of you. you just blow your top." Na none of that dissembling and cloaking, just “I’m sorry". I have deliberately highlighted that example because it is impor¬ tant to realise (hat even the pure in heart have reason to say “sorry”. Mrs Wentworth isn't perfect Transparently good she may be. but you can see her faults as well. And her purity of heart isn’t obvious to her. For purity of heart is like humility — thinking that you've got it is a sure sign that you haven’t Not even the saints, those Gary Linekers of die Faith whom we particularly recall today, would have claimed purity of heart, though doubtless other people saw it in them. B ut what shall the pure in heart themselves see? The beatitude is alarmingly dear on that. They shall see God. L say “alarmingly dear" because, certainly in Old Testament times, seeing God was, at best, a mixed blessing. On the one hand the writer of Psalm 42 longed for such a vision: “When shall I come before the presence of Godr But on the other hand, when a heavenly being appeared to Minoah and his wife prior to the birth of their son Samson. Jim, but not as we know it Minoah — like Private Frazer in Dad’s Army — exclaimed: “We’re all doomed to die because we've seen Godr Fortunately, Mrs Minoah — characteristically less prone to panic — replied: “Don't be daft. If God had us down for the chop, be wouldn’t have accept¬ ed our burnt offering, would he?” You can just imagine the ensuing snippet of domestic conversation. “Hey. thafs right 1 never thought of that” “Na well that's your trouble dear, isn’t it? You don't think.'’ Inasmuch as Minoah did think, he accepted the popular belief that to see God spell trouble, where “bong still in the presence of the Lord” as we sing in Psalm 42, was die rigid calm of the petrified. For, like Mr Spock’s interpretation of purity, “seeing God" was a seeing — but not as we know it It was a vision of such overwhelming holi¬ ness that it all but obliterated the viewer. So what die Psalmist desired, most people in those days dreaded. But. even nowadays, we can imbue the word “see” with a sense of dread. There is a world of difference in feeling between lov¬ ers standing on the platform, sighing a fond “111 see you next week”, and die head teacher leaving the unruly pupil to stew outside the door with a stern. “Hi see you in a minute”. A blessing, albeit put off for a week, is preferable to a threat about to be carried out. And there is surely something of a blessing deferred in this particu¬ lar beatitude. For people of vary¬ ing religious traditions, seeing God has always been regarded as the end of our searching. The ultimate reward. It is the spiritual equivalent of winning the jackpot. The Rev Barry Overend with the sculpture that he received as a prize, as well as a cheque for £1.000 though this time that finger point¬ ing down through the doud that we've all seen on the lottery adverts is more of a hand, beckon¬ ing. And the caption suggesting “It could be you" has become the proclamation "It shall be you”. “What me? Shall I see God? I. the unkind, the ungrateful.” as George Herbert put it in seeming disbelief in a famous poem. But that poem is called Love bade me welcome. And our good fortune in receiving such a welcome is symbolised not by the crossed fingers of the lottery ioga but by the crossed arms of the Calvary- tree. For it is primarily, though not solely, in the living, dying and. Christians would claim, rising of Christ that the pure in heart catch a glimpse of that God whom they are promised full sight of later. It is a promise to all those whose hearts, like that of George Her¬ bert. are at least pure enough to perceive their own unkindness and ingratitude. For purity of heart can spring as much from a sense of sin as from sanctity. That, thank God. is what puts it in reach of us alL St Peter was never more pure in heart than in that moment when he knew himself to be defiled by a sin that hithertobe could never have imagined him¬ self committing. And when that cock crowed for a second time, and the Lord turned and looked at Peter, there was no cloaking and dissembling in his heart The weeping was indeed bitter. But the remorse was pure. We all have it in us to be pure in heart if only in our remorse at our impurity. Such was tire purity of heart of that tax collector, praying at the back of the temple, who frankly acknowledged his sins before God — a confession that Jesus contrasted so favourably with the front-pew Pharisee’s real but all too self, righteousness. We are told that the (ax collector would not even lift up his eyes to Heaven. That is because he was peering into the darkness of iris own interior, whereas the Phari¬ see basked only in the brightness of bis external self. But seeing ourselves in a shining light ob¬ scures, not flJuminates. the vision of God. The pure in heart don't shine. They only reflect They reflect the glory of that God whom one day they shall see. But you would have a hard job trying to convince Mrs Went¬ worth of that For she doesn't believe in God. 1 once asked ben “Why notT Her reply was ample: “Because IVe never seen him.” I wasn't going to, but just in case I was, she added quickly: “And don’t say. ‘One day you wilL'" “Na” I said, "but if you da I’D know why." □ The Rev Barry Overend is vicar of St Chad's, Headingley. Leeds ; and is winner of The Times! College of Preachers Preacher of the Year Award 1995 We’ll keep it at base rate as long as you have a pulse rate Vie COOPERATIVE BANK (11.4% APR) ^ variable / Only 20,000 customers will enjoy the benefits of our new Co-operative Bank Gold Card. Although the ownership is limited, the guarantee isn’t. No matter how long you live, it’ll always remain ac Base Rate. Which currently makes it the lowest APR credit card in the country. Which is now only I \ A% APR (variable). As you might expect it comes with a fairly substantial annual fee of £)20. But, in return, we can save you a tidy sum by taking on your existing debts. For instance, say you usually owe about £2,000 on a Barclays or NatWest Bank credit card. Our Gold Card would leave you over £150 a year better off (and that’s after you’ve paid your fee)/ Imagine what that could mean over a lifetime. And, as if that wasn't enough, you'll also receive a minimum credit limit of £3,000. If you’re earning £20,000 p.a. or more and own a credit card, call us now. We guarantee that you won’t regret it for as long as you live. Post ax Gold Card dept. Co-operative Sank pk. FREEPOST (MR8192), Manchester Ml 9AZ or phone 0800 40 40 70 (24 hours a day, 7 days a week.) Please use block capitals. Call free quoting reference no. 84001 or post the coupon Full name 0300 40 40 70 The COOPERATIVE BANK Postcode Phone number. Why bank -with one that isn’t? WMI Durtne die cxjurie of oiMsunc fouf jppfccaoon/«i nstoretww agem*, to" a&wvntm. Tyj»rj oomplc wuie «uBnmfcng balance d CL000 oner 12 month, and u mduitve oMwi. Rjrebr Bank Via card @ 2XW APR would com £404. NjiWbc Bank Viu card @ 23.4% APR -odd cck «13. CcHjpanow Bar* GoWeart (St I l.ffi APR con £255-a difference do«er 150. TTw Bank mv dsclmr any apphraoon- Credrt are cufeycct to naun and not nailable to mnor, Written queodom are available on reqoKL Couple lose appeal over blighted bungalow A RETIRED colonel lost his latest battle yesterday to force the Department of Transport to buy his home, which has halved in value because of a proposed bypass. Lieutenant-Colonel David Owen, 65. and his wife Barba¬ ra, 64, have fought a two-year campaign against the depart¬ ment's decision in December 1994 not to buy their 1950s retirement bungalow over¬ looking the River Chum near Bauman, Gloucestershire. In June last year the Court of Appeal accepted that the house, which the couple spent £100,000 renovating, would be substantially devalued by the planned Cirencester bypass and that their enjoyment of the property would be seriously affected. They ordered the department to reconsider but it ignored the ruling on the basis that tire Owens knew about the scheme far enough in advance to deride whether to buy the house. Yesterday in the High Court Mr Justice Popplewell upheld the Government’s conclusion. The judge said: The courts must refrain from seeking to usurp the functions of the executive. I find no perversity in the Secretary of State’s decision." Valuers estimate that the scheme will halve the £300,000 value of the Owens's home at The White Ways, Cirencester. Anglicans join sex channel shares sell-off By Alexandra Frean. media correspondent THE Church of England has sold its £3.6 million invest¬ ment in BSkyB in protest at the satellite station’s new soft- pom channel. Playboy TV. The Church Commissioners said yesterday that the deci¬ sion had been taken because of the Church’s “broad con¬ cerns for the maintenance of standards of human dignity" and its belief that pornogra¬ phy “degrades and exploits human beings”. The Methodist Church an¬ nounced earlier this week that it was selling its £846,000 holding in BSkyB because of the Playboy channel. Tony Hardy, the Church Commissioners' Stock Ex¬ change investments manager, said: This action has been taken to give a clear signal thar the Church of England does not wish its investment income to benefit through direct investment in com¬ panies directly marketing pornography." The Church was concerned about the size of the channel’s potential family audience: more than four million house¬ holds receive BSkyB and about 25 per cent of children live in homes with cable or satellite television. The com¬ missioners also objected to Playboy TV’s marketing cam¬ paign. including a poster say¬ ing “Morgasms” in big gold letters. The Church's BSkyB shares, bought for about £256 each 11 months ago, were sold this week at about £3.73, earning a profit of more than £1 million in less than a year. More than £2 million of the shares were held by the Church Commissioners: the rest were held by the Central Board of Finance, which in¬ vests on behalf of parishes and dioceses. The shares were a small proportion of the Church’s total Investments of nearly £2 billion. Its ethical investment policy bans direct holdings in companies whose main busi¬ ness is in armaments, gam¬ bling, alcohol, tobacco and newspapers. Playboy TV was set up by Playboy Enterprises, the broadcasting company Flex- tech and BSkyB — in which News International, parenr company of The Times, has a 40 per cent stake. The channel began broadcasting what it calls “quality erotic program¬ ming" at midnight on Wed¬ nesday. Its signal is encrypted and is available only to subscribers. BSkyB said: “It is regretta¬ ble that any shareholder would take this action but it is their prerogative. The channel is completely legal and has been cleared for broadcast by the appropriate authorities.” OPEN ALL YEAR ROUND Quite a chetructe AlAlUn'.E hB'.iM AUrtOOD CHF-tlCtNCFS t-KOM AKOt.Xm’.W 3BSDAY Nov m' dc ®? i fc> a s ; p , . csuid never ha • ^ih,

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  >esii I've neier'.«; u mpfe •wnl soina : u . s„i" r „ h ™- ms. the added uun-y“* “'<“> -One iy, fvey 1 y .i:c. -bui i'; ‘ know why ~ wilL '■'U dr, I '«■' I fit' A’r. Ui/r r? ra r >•: i-wi hwjSJL! f4f>esft tiia .'■. ,. : . w s.i Times. 0./.e;> ; - fnfacAe .f I'm >;. es sell Mr L'\ < iscKi •M-tM Ki -.-•■ = WVls*' n* L£Cvfr cfc- C.-i- iSstepr. r Es^ituari wiifwsj h JWB- the times Saturday November 4 1995 HOME NEWS 11 Festive displays bring renewed hope of lucrative season to shopkeepers battered by recession Glitter adds early sparkle to bright lights of Christmas Seven weeks before Christmas, the lights shine out the end of the recession is in By Emma Wilkins CHRISTMAS has come early this year, with the first festive lights already twinkling in London and more displays due 10 brighten town centres next week. Record sums are being spent on the country’s main Christmas lights in Blackpool and in Oxford Street and Regent Street. London. Even small towns and villages are celebrating in style: Cocker- mouth in the Lake District, which received its market town charter in 1241. is Jes- tooning its High Street with thousands of reindeer lights and 40ft Christmas trees. The Oxford Street Associ¬ ation, which represents stores from comer shops to Sel¬ fridges. is spending £ 100.000 on lights as retailers report a brisk upturn in trading this year. The association said that it could afford to spend more on illuminations because membership had swollen from 76 last year to 00. “It could be that the beginning of sight" a spokeswoman said. The clothes chainslore Next has renewed its membership of the association after laps¬ ing several years ago. "Our trading figures are looking particularly good." Richard West the manager, said. "Back in the late Eighties and early Nineties we weren't doing as well. Now we feci our membership of ihe associ¬ ation is justified. Shoppers in Oxford Street are out in furce. They are spending more money." Tlie Oxford Street display will be illuminated on 'lhurs- day by members of Ihe Coro¬ na lion Street east. In Regent Street, the retailers' associ¬ ation is investing £250.000 over three years on a display of lights. The theme is crowns and ihere are 8.300 bulbs. "We are spending a lot as an investment so that it's not such a horrendous cost year on year," a Regent Street spokeswoman said. The tights will be turned on by Britt Ekland. Lionel Blair and oth¬ er celebrities on November 14. Garv Glitter switched on the £18.000 lights in St Chris¬ topher's Place off Oxford Street last Thursday. 53 days before December 25. In Belfast doubt remains over whether President Clin¬ ton will turn on the lights on November 30. the day he is due to visit the city. The city and the chamber of trade have an economical view of decorations: the lights are recy cled from last year. In Blackpool, ihe Christ¬ mas illuminations will burst into life on November 30. A concession to traditionalists is a display of the Three Wise Men in an uiherwise commer¬ cial show. Ihe lights are costing £60.000 — £5.000 more than Iasi year—and will Gary' Glitter switches tin the Christmas lights at St Christopher's Place in the W est Ertd of London be turned on by Gary W'ilmol. the comedy actor’ who i> starring in the musical Aft? and My Girl in Blackpool. The lights in Scarborough will be turned on by the mayor on November 17. The display is entirely commercial with no religious imagery, in Cheltenham. Father Christ¬ mas turns on the lights, which are threaded through the trees, in mid-November. In Edinburgh, the Lord Provost and a disabled child lum on the lights on Novem¬ ber 30. Each >ear Ihe city welcomes guests from Ber¬ gen, Norway, which donates the tree. In Bristol. David Cassidy, the American singer and actor who is starring in Blood Brothers at the Hippodrome, will svviich on a traditional display oflighrson November
• The council shares the £ 100.000 cost with retailers. Carlisle is marking the 250th anniversary of the Jacobite Rebellion. The lights will be turned on by a "Bonnie Prince Charlie" accompanied b> 100 pipers on November 17. The prince stayed in Carlisle on his wav south in 1745. Tribunal awards childminder £450 redundancy By Gillian Bowdttch. Scotland correspondent A MOTHER was ordered ro compensate her former part- time childminder after decid¬ ing she no longer required the woman's services! An indus¬ trial tribunal in Glasgow ruled that the childminder was an employee and entitled to redundancy after four years’ service. The childminder. Wilma Haston, 43. had answered an advertisement placed by Flora Keogh, a teacher from Falkirk, to look after her child in the child’s own home. Mrs Has¬ ton had formerly been a self- employed screenprinter but the tribunal was told the business was “far from successful". Mrs Hasten, from HaUglen, had also looked after Mrs Keogh's second child and was paid £64 a week. During school holidays, or when Mrs Keogh was on maternity leave. Mrs Hasten was paid a retainer of half her salary. In March. Mrs Keogh told Mrs Haston she would shortly be going on maternity leave again for nine months but would be unable to pay Mrs Haston her retainer. She sug¬ gested that Mrs Haston find another job and said teat she would take her back if possible e when she returned to work. Mrs Haston was offered her salary until the end of that monte and an ex-gratia pay¬ ment of £50. Mrs Keogh told the tribunal that she believed childminders were a self-employed group. Mrs Haston claimed that she had four years' continuous service and that during any periods when she was laid off she received half her normal wage. In its findings, the tribunal said it was satisfied Mrs Keogh had entered into a contract of employment with Mrs Haston for her to act as a part-time childminder. It was a totally different form of service from that provided by a registered childminder, who took in children from various parents into her own premises, which were licensed for that purpose. Mrs Hasten was obliged to work the hours Mrs Keogh wanted and was subject to tee control of Mrs Keogh. The tribunal decided teat Mrs Haston was an employee and had been made redun¬ dant. It ruled she should receive a redundancy payment and pay in lieu of notice totalling £448 less tee ex- gratia payment of £50. LfTTNEWORU) PASS YOU BY s Ger 12% off UNhKT Winter Sun holidays and flights when you visit your local Thomas Cook shop or phone our credit card booking line on 01733 33 55 70* quoting QHrr l» ■a^Mrct to ilw ."v lT Ofierdnei do mph (’ I'W Aiartco M ’L*# 0 LJ,8 C ” ftmThroemnil hoad«r.. iHp* < P» •" P** uur Spr** I" U, tjrt hnofcttp SwMi tfo|'> ett& T “> OKn-Optrt Ham-Spa All bolhi*T- SiHW |ri If you’re still using expensive couriers it’s worth remembering that Royal Mail’s SPECIAL DELIVERY and REGISTERED services guarantee overnight delivery from just £2.95. Both Special Delivery and Registered will ensure your packages arrive by 12.30pm the next working day, virtually anywhere in the UK. However, if you’re sending something valuable, Registered gives your items extra security and the added reassurance of up to £500 compensation in the very unlikely event your package is lost or damaged. So if your business needs to send things around the country- in a flash, at a price that won’t bum a hole in your pocket, talk to Royal Mail about Special Delivery and Registered on 0800 25 0800, or fill in the coupon. Please send me more information about Royal Mail’s Special Delivery and Registered services. Name . . Job Title. Company . . Address. Tel . Return coupon to: ROYAL MAIL, FREEPOST, BASILDON, Essex, SS15 4BR. Postcode Z24 3 C St c< Be Ju A ho ha be vre ow WC pn na an die an I an of nu 10 ter in sqi en pr« dis Yv .fix Lo
• pa Ro So Co jut Cffl ten 1 wfi La the thr Be. Wl! shi an« be< Co Ar Be.' JOi Pa. pu Th eni del oft an act thi l Su sec as itia ext 1 res n» ihe Sir Bei alii cis 12 OVERSEAS NEWS THE TIMES SATURDAY NOVEMBER 41995 Extra powers are double-edged sword for Russian Prime Minister Chernomyrdin: guarded Communist who turned capitalist HAD Viktor Chernomyrdin,
• the Russian Prime Minis¬ ter. been bom the other side of the Iron Curtain he might now be heading a privatised utility (Oliver August writes). He started in the Russian gas industry after a srinr in the Red Army in the late 1950s and was a chief engineer in the Orenburg gas plant, becoming an adviser to the Central Committee in I97S. From there the guarded but ambitious Mr Chernomyrdin made the crossover to politics. During the last seven years of Soviet rule he was First Depu¬ ty and then Minister of Gas. Despite his being a card-car¬ rying Communist since 1961. he was one of the first Rus¬ sians ro take an active part in the transition to capitalism. He became Deputy Prime Minister in 1992 and Prime Minister in 1993. Yeltsin ‘heir’ faces threat from aides in Kremlin From Thomas oe Waal in Moscow THE extra powers given to Viktor Chernomyrdin, tile Russian Prime Minister, by President Yeltsin yesterday are a double-edged sword, which make him both more powerful and more vulnerable in the run-up to parliamentary elections. By taking charge of the four “power ministers" responsible for Russia’s security and for¬ eign policy. Mr Cherno¬ myrdin has taken one step one nearer to being acting head of state and now stands a much greater chance of being anointed Mr Yeltsin’s heir for the presidential elections next summer. However the need for his party. Our Home is Russia, to perform strongly in the parliamentary elections on December 17. is now even more important. Mr Chernomyrdin is en¬ gaged in a discran war with a group in Mr Yeltsin’s admin¬ istration. clustered around Aleksandr Korzhakov, the President’s security chief, who stand to lose everything if Mr Yeltsin steps down and want to see him reelected at all costs. That means that they may try to damage Mr Chernomyrdin by damaging his party. “The aides around Yeltsin will try to undermine Chernomyrdin. Through or¬ ders from the top. through TV," Michael McFaul, a polit¬ ical analyst with the Carnegie Centre in Moscow, said. The Prime Minister also has the headache of combining his extra responsibilities with the demands of galvanising Our Home is Russia's electoral campaign, which has started poorly. Opinion polls show that it may collect less than 10 per cent of the vote, well behind the front-runner, the Communist Party. The nationalist movement Derzhava (Great Power), led by Aleksandr Rutskoi, the former Vice President was re¬ admitted to (he election cam¬ paign yesterday when die supreme court overturned a ban on registration imposed by the Central Electoral Corn- President Yeltsin during his meeting with Mr Chernomyrdin in hospital yesterday mission. The verdict may re¬ sult in Derzhava splitting the nationalist vote at the cost of other opposition parties. The court postponed the case of the powerful liberal party Yabloko. led by Grigori Yavlinsky, a reform econo¬ mist, until today. Yabloko was also banned from registering for the elections for alleged procedural reasons. The par¬ ty's leaders say the decision' was politically inspired. Mr Yavlinsky said yester¬ day that the ban on his party was part of a concerted at¬ tempt to undermine him be¬ fore the presidential elections next summer for which he is virtually undisputed as the reformers’ candidate. “We are defending the very possibility of a peaceful change of power in Russia." he said. His comments echo specula¬ tion that a hardline Kremlin faction is planning to have the parliamentary elections post¬ poned or cancelled, because of Mr Yeltsin’s illness. Leading article, page 21 ONLY 5 DAYS LEFT KITCHENS AND CONSERVATORIES White Fox’ heads for narrow win in Georgian poll From Richard Beeston in tbusi BUY ANY V Wickes KITCHEN OR CONSERVATORY for only £100 A MONTH CALL OS FREE ON 0500 300328 FOR YOUR FREE COLOUR KITCHEN OR CONSERVATORY 0R0CHURE. W Wickes Experts in Home Improvement We are open f.30-8 Uontfey to Saluntey. tQ-4 Sunday Scotbslt opw 9 G Svndt) $ 1 l.«S. Fir jr -x to -jiaJiA ^epjymrrm nua be matte -y tteecl Wnttnn qiwuiwno a.o4rt*c m-u-y Ueanwn 1PV Minium toon .umunl £«D C. uru.iv.it.vy ,efV na '" l>VinlDL ‘ P ,Teta ' C ""'- a £v -' yQ - dwaW ■ rftM Lr>3r ' '9 | “C £.660 EoAK j morlhly remnants J 1 ilCU Tjwl amour; CJ.JOCl j] 0% tttjrry Hoc'. MthJfSl "W.m W (t». Manor Hou.v ranfa- crir A-» name! w c MMl FOR a few moments yester¬ day. Eduard Shevardnadze, the Georgian leader, could afford to set aside his exhaust¬ ing re-election campaign and indulge in a nostalgic bout of international diplomacy. Attending a ceremony in his heavily guarded office to ac¬ cept the credentials of Stephen Nash, the new British Ambas¬ sador to Tblisi, the former Soviet Foreign Minister shut out the notorious, and often bloody, affairs of his young nation state. Dressed in a double-breasted navy blue suit and holding up a glass of Georgian white wine, the man who helped to bring about the end of the Cold War indulged in diplomatic small-talk about John Major and the City. Today, however, on the eve of presidential and parliamen¬ tary elections, the white- haired former communist will make a final appeal to the electorate, which is expected to vote him back. "Shevardnadze will win, but the campaign will be tense right to the end." said Alexan¬ der Rondeli , the head of international relations at Georgia’s state university. “The polls show he is still leading, but the opposition is looking strong in certain re¬ gions. Nothing should be tak¬ en for granted." That the Georgian leader, dubbed the “White Fox’ by his people, is ahead in the polls is no small achievement for a head of state who has presided over a civil war. two bloody separatist conflicts and the virtual collapse of the econo¬ my. all in a space of four turbulent years. If Georgians needed reminding about the trials they have endured, then lumber Patiashvili, the repub¬ lic’s former communist chief and today Mr Shevardnadze’s main challenger for Lhe presi¬ dency. is there to make sure they remember. -This administration is bankrupt." said the tough former Soviet boss, who looked visibly shaken after a' group of his supporters was dispersed bv mysterious gun¬ fire outside the capital yester¬ day. “They promise privatisa¬ tion but then they sell off healthcare. They promised to stabilise the economy, but the result is we are ail paupers. They promise free elections, and then intimidate us when we campaign.” His message has hit home among older Georgians, who remember the time when this Caucasus Republic enjoyed a privileged status. Today the country is one of the poorest with pensioners and the un¬ employed forced to scrape by on meagre state handouts. Nevertheless, a majority still regard Mr Shevardnadze as the most honest leader and the man best placed to navi¬ gate the country out of its troubles. A straw poll taken in Tblisi’s main market, which attracts traders from across the country, showed wide¬ spread support for the veteran leader. “You can say what you like about him." said Deneri Giunashvili. a fruit seller. “But he has restored law and order and chased our the criminals. The economy is coming right finally." Another old Tblisi resident said: “Without Shevardnadze in power this country would slip back into conflict and chaos. I will not only be voting for him but praying that he survives in office.” Share scandal hits campaign By- Roger Boyes INSIDER share dealing by a network of former Commu¬ nists. dubbed the Red Spiders' Web. yesterday unhinged the election campaign of Aleksan- der Kwasniewski. President Walesa’s main rival. First round voting in the presidential election is tomor¬ row, v\atil Mr Kwasniewski, a former Communist minister, and Mr Walesa leading the field of 13 candidates. If no¬ body wins a clear 50 per cent of votes, there will be a run-off in two weeks between the two who poll the most votes. But the share scandal may well have revived the chances of Jacek Kuron, a former dissident who is also a candi¬ date. Opinion polls give him only about 8 per cent of the vote compared to 32 per cent for Mr Kwasniewski and 29 per cent for Mr Walesa, but he regularly comes out top of popularity and confidence polls. Many voters who lean to the Left may well switch their votes from Mr Kwasniewski Kwasniewski: conies out top in opinion polls to Mr Kuron as a result of the financial affair. Press reports said Mr Kwasniewski and other for¬ mer Communists have been buying shares in Polisa. Po¬ land's fourth largest insurance company, at preferential rates before a stock exchange flotation. Roger Boyes is the author of The Naked President:A Life of Lech Walesa (Seeker) Human rights in Estonia criticised Geneva: The United Nations Human Rights Commission yesterday criticised Estonia For its treatment of ethnic Russians, who make up about 30 per cent of the Baltic state’s population. The commission examined the issue during its three-week autumn session. The panel said that the ethnic Russians were prevent¬ ed from becoming Estonian citizens by a mass of legal obstacles and the demand that they speak the language, which is notoriously difficult Co learn. (AfPI □ Government backed: Pres¬ ident Men. approved the new Government of Tiit Vaehi, the Prime Minister, saying the state now needed political unity to fight forces in Russia which warn to restore the old Soviet Union. (Reuter) SILVERSEA ALL SUITE-ALL INCLUSIVE S STAR CRUISING 29 Nov INDIAN OCEAN Vcvw^h S4WI VERY (.;.MiTfc'D S.-’ACi-. 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• i „. • " : -»*5: V’" 1 A '■ ' 2Cfo an.- (Eider. Fss* b. hjs ?kr pp’Is'lr kvK- 3 :5 *«£<_ bhvdy • as^i- liar fttT CViO- J-rf .Wir ■ a-#?-? :1 m UF«k nui r c -»v.R* ^*v .^wsttn.. akgjed 3- l^XSUr •• !iv ifrarilii i loSflEW. jets:.' ; ^{WR'.: t ills -fc*ir : a £>L Kvs- . v'L-'-- ... . “ € ,.v! ; j fe: 1 dieok; ! spar the TIMES SATl irhav NOVEMBER 4 1995 Argentina to send ex-Nazi for war OVERSEAS NEWS 13 Species fighting back in survival struggle crime trial in Italy rill A} mine Supreme ,T4 ied yesterday that Ench Pnebke. 82. a former Gestapo captain, be extradited to Italy where he will be tried on charges of overseeing the massacre of 335 civilians out¬ side Rome in t
• n fr.rm J S )un J £ I uas,1L,d ^{aI ^Img- refuge in Are be ext radii day’s decision, however, war. when the e will tv ir-^w cannor} appealed against. ment was ope iverseeinJ !£ Argentine authorities have to Hiller. Hi ordcrmjhat H^-rr Priebkc be rived, like m [044 HrP^, dcllve red from the skiing re- Cross passpor e «h"n» r J‘ r ^an ar os de Barilo- Vatican and » n the r £ hc ' whePe he has bet n under He ran a iJxJJf , ho u use arrest, to Buenos Aires Bariloche whe S imn l, whl? - tf ,uUian ofncia,s are his Wife and "chinn l ' a . ,Ul l s J 0 .,. Ulke him into tight-knit com custody. Military prosecutors manimmigrai S u in Rome said yesterday that he became the !f, n lhe >' w>ere stepping up prepa- biggest local 4 -St. h . e n ai - , 0 u? 80 lh ^ can toy Herr years ago. an
• w - Ue " Pnebke as quickly as possible vision crew. -It brings tu after his arrival in Italy. another Nazi, td exhaustive The Supreme Coun’s deci- him by accider man med for sion comes afier President Herr Priebki les said an Menem said hc would speed command of l •pokesman in up procedures after interna- Rome in 1044 1 nonal criticism. Serior Menem killing was or udge ordered is keen to shake off his shooting of G tour months country's image as a Nazi by partisans. I Former SS captain Erich Priebke and his wife Alicia haven. Dozens of Nazis took refuge in Argentina after ihe war. when the Ptr 6 n Govern¬ ment was openly sympathetic to Hitler. Herr ftiebke ar¬ rived. like many, on a Red Cross passport issued by the Vatican and set up a new life. He ran a delicatessen in Bariloche where he lived with his wife and two sons in a tight-knit community of Ger¬ man immigrants. On retiring, he became the governor of the biggest local school. Two yrars ago. an American tele¬ vision crew, looking for another Nazi, came across him by accident. Herr Priebke was second in command of ihe Gestapo in Rome in 1944 when a reprisal killing was ordered over the shooting of German soldiers by partisans. He drew up the list of partisans. Jews and petty thieves earmarked for execution in what became known as the Ardeatine caves massacre. He has always admitted to hjs crimes. M 1 killed commu¬ nists and Jews because I was ordered to and I am proud of what I did," he said in a recent interview with The Times. “Damn, once again.* he said, raising his voice. “It was a war. I have no regrets." Yesterday, hundreds of Priebke sympathisers gath¬ ered in Bariloche's central square to protest against the extradition. Pandas discard their sleepy reserve Bv James Phingli, AT WO LONG \AflRt KESERVF. Ammunition blast razes town By Gabriella Gamini AN EXPLOSION at an Argen¬ tine army ammunition factory yesterday flattened a town 40 miles south of C 6 rdoba. Wo Terceno. home to 50.000 people, was “completely swal¬ lowed up" as if consumed by a fireball, a rescue worker said last night. At least three people were killed and 200 injured. Homes more than two miles away were destroyed by flying, burning ammunition, and continuing explosions pre¬ vented rescue squads from entering the town four hours after the blast. Television pic¬ tures showed empty streets littered with metal and concrete. “There was flying shrapnel everywhere. It is impossible to know how many people have died under ihe rubble." said Oscar Camflli&i, the Defence Minister, who flew to the scene. More than 600 work¬ ers. most of them civilians, were inside the factory at the time of the explosion. Rescue workers began evacuating people from the stricken area to Cdrdoba. The cause of what is thought to have been an accident inside the ammunition factory could not be immediately as¬ certained. But in recent months the military has faced repeated critirism for its poor security measures in its am¬ munition depots, and factories which have not been updated for decades. The army said it feared an underground heavy explo¬ sives store might still explode. “What exploded were bullets and grenades. There is a danger that the heavy weap¬ onry might explode.” the COr- doba chief of staff of the army’s Third Corps said. AN UNFAMILIAR kind of bark or bleat signals the arrival of the wild pandas. The sound comes at first from Ihe sleep pine and fern- covered hillside — wreathed in mists like a traditional Chinese painting — beyond the panda conservation and research centre here on the cool slopes of the Qionglai mountains. All at once, a metal flap in the high wall that surrounds the centre is pushed open. A snout then a woolly, chubby face pushes through. The black-ringed eyes of a panda look round quizzically. "There are two wild pandas that come down to the wall most days looking for a bit of variety to their diet and some companionship." said Zhang Guiquan. one of 17 Chinese scientists here. "This one is Dadi, a three-year-old male." he adds. Chinese staff members dimb to the top of the 20 ft high, white-washed wall and see both Dadi and an older female that has little to do with the energetic younger male. Now crunching up bamboo shoots growing out¬ side the waJL Dadi leans forward to drink some water and stare at his reflection, then rises and moves off with a peculiar staggering gait (ike a drunk. About the last thing the traveller expects to see at Wolong’s 1.200 sq mile nature reserve is an endangered panda in the wild. Foreign naturalists in Peking familiar with panda habitats are in¬ credulous when told about it — in the past the sight of panda droppings after weeks trudging through bamboo groves was something to cele¬ brate. they say. A visit to the station here reveals some encouraging facts about the panda's strug¬ gle for survival. One is that Chinese scientists appear at last to be having some success If som , . ‘•••A:. -time buyer " • • V■’'■W'-i-Vn ' V . M I ■ —•{.'JL. ' XIa tjm. . •— ■ '-- — ♦ ♦ « 0800 810 810. «. - . V;-j At Bail of Scotland Mortgages Direa we don't restrict 100% Or, if you prefer, sere) the coupon fieeposL Wid. mumtges to Bist nine buyent - anyone can apply. Hiere's more a compedti.e Interest rate of IU4 ( 4 PR|J*I good news. On a 100% mortgage you save ready cash in two ways; on too* mortgages. „ could pay you ,o »- 1 You wont pay a loan arrangement fee. talk mjheesp^ 2 . You can add your solicitor's fees to your loan. I pins, me more information on Mortgages. 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  YOUR HOME IS AT RISK IP Y A panda at the Chinese nature reserve. Even behind bars “they seem to enjoy life” in breeding pandas in captivi¬ ty and 44 have now been raised throughout China in the past decade. Another is that the 24 animals in the breeding centre are bright¬ eyed lively creatures who theless does not waste much time on sleep. “They are higher mam¬ mals. probably highly specialised members of the bear family, though some people link them to raccoons. C Females in the wild are not so fickle as we thought, but they are just as hard to please 9 seem to be enjoying life even behind bars. Here, the panda is revealed as an animal with a personality of its own, which while spending a good part of the day eating arrow and umbrella bamboo never- and they are no less intelli¬ gent than a household cat." said one foreign expert in Peking. “We have found out a lot of new things about pandas in the past year or two." stud Zhang Hernia director of the centre, sitting at his desk which displays the inter¬ twined flags of China and the Communist Party. “They are sociable, not solitary, animals and even mating is not quite as difficult as previously thought" Females, it turns out are not quite as fickle as hitherto believed but they are still hard to please. Mr Zhang once witnessed six males fighting over a female — and she seemed to encourage them. Pandas in the wild may not now be quite as threatened as earlier thought While the Chinese say 1,000 exist for¬ eign experts believe there may be as many as 1.500. SUN ALLIANCE TQ6ETHER WE MAKE SOME ALLIANCE S'Siifc. ■ • - v t I . t if' I: mmm Mimi -

  •r.V-j m mm. Tribunal demands surrender of Mladic Washington; The United Na¬ tions tribunal investigating war crimes in Bosnia-Heray govina has demanded the surrender of two Bosnian Serb leaders. Radovan Karadzic and Ratko Mladic, as a condi¬ tion of any peace agreement reached at the talks in Dayton, Ohio (Ian Brodie writesl. America has not agreed, but it has dictated that both men must be removed from posit¬ ions of power or command before any Nato peacekeeping forces can be dispatched. “We think they have no place in this endeavour.” War¬ ren Christopher. US Secretary of State, said. Writer cleared .Ankara: An Istanbul court has acquitted a journalist pre¬ viously found guilty of “sepa¬ ratist propaganda ". in the first backdated ruling after anti¬ terror law changes. .Anatolian news agency said. iReuier) Aids ‘genocide’ Los Angeles: One in three black .Americans believes that Aids was created by whites with blacks as targets as a form of “genocide". The study interviewed 1.054 church members in five cities. Cypriot torture Nicosia: A government- appointed inquiry in Cyprus has found that Limassol police tortured II detainees in treat¬ ment “reminiscent of the Mid¬ dle Ages with Holy Inquisition methods". (Reuter) Vatican funds Los Angeles: A 171b crimson silk-bound Bible, selling for E256. is one of several Renais¬ sance illuminated manu¬ scripts for which the Vatican Library has sold reproduction rights to raise funds. Due respect Singapore: Parliament passed a law under which Singaporeans who refuse to help to support their aged and poor parents could be forced by tribunals to pay them monthly allowances. (AP) FROM SUN ALLIANCE, A FLEXIBLE PENSION THAT CAN SEE YOU THROUGH THICK and THIN Signing up for a pension plan can be a bit hair-raising. What if you found yourself in the middle of a divorce, facing a Lirgr bill, or you suddenly lost tour job? Wouldn’t you want your contributions to stop if your salary* did? 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Queen signs £70m apology to Maoris The Queen gives her assent to the Bill A starry wink from space 7,000 years ago , From Agence France-Presse IN WASHINGTON THE Hubble Space Tele¬ scope has taken unprecedent¬ ed snapshots of newborn stars peering out of immense gas douds some 7.000 light years from Earth. The photographs of the Eagle Nebula, taken by the orbiting telescope on April I, were shown to reporters by Jeff Hester, who said his team &om Arizona State University was amazed at their findings. The snapshots show three dark towers of gas dimly lit by some SO stars taught in die act of winking on. The birth of the stars in die nebula also known as M16 took place some 7,000 years ago. since distance in light years is equivalent to calendar years. The stars formed with¬ in dense fingers of hydrogen extending from the towers, which scientists have fanciful¬ ly dubbed EGGs, for evapor¬ ating gaseous globules. The gas is so compressed that it collapses under its own weight, giving rise to the star¬ making nuclear fusion pro¬ cess. The stars then grow in size as they absorb increasing amounts of surrounding gas. The Hubble project is a joint programme of Nasa and the European Space Agency. From Michael Monro IN WELLINGTON THE QUEEN yesterday cleared the way for a compensation package to dispossessed Maori tribes when she signed legislation containing a Crown apology for the actions of British colonists in New Zealand 132 years ago. In a brief, emotion-charged cere¬ mony at Government House in Wellington, the Queen gave the Royal assent to the Waikato Tainui Raupatu Claims Settlement Bill thar gives effect to a $NZ170 million (£70 million} package for the Tainui federation of tribes in the fertile Waikato region, south of Auckland. Maori women sang a prayer of welcome to the Queen ana she was presented with a greenstone mere (warrior’s dub) before the ceremony. The Queen did not speak as she purchase fund. A government spokesman said that the first instalment of “several million dollars" would be paid short¬ ly. Mudi of the land being returned to the Maori tribes was used for defence installations, power stations and mines. Jim Bolger, the Prime Minister, described the ceremony as a great occasion and said he was proud, to be associated with it The apology was deserved, he added, given the history of the Tainui tribes. The Queen’S signature had huge symbolic importance for Maoris because she rarely gives Royal assent . . ThP waea Murray, a Tainui elder, said formalised the settlement by signing to New Zealand Bills m person- veS jerday there was a huge sense of three copies of the legislation. Prime Minister saw-fee sy . achievement among his people: “We Under the new law. 38,000 acres of as more important than the signing. M 0 f an old era and land will be returned to the tribes "It signals the resolution ol a ti beginning of a new." over five years — about a third of standing grievance and* as it • RurJanahara Palace and govern- what was confiscated — and the putting forward to dianreoi am spokesmen have emphasised, tribes will be given a E26 million land better future. I felt a great sen. e however> that yesterday's apology purchase fund. history in the room." , ,} noI * personal one by the Queen. A government spokesman sad The 400-woni apology aL ™, Hare Puke, fee chairman of the that the first instalment of “several edges that the Crown's reP r ^- n J“' Tainui Trust Board, said the tribes million dollars" would be paid short- lives acted unjustly in ordering an expect one. “We believe that ly. Much of the land being returned invasion of the Waikato in he a onirious lady and she is to the Maori tribes was used for in labelling the Maoris as rebels_ ^{following fee process of the monar-- defence installations, power stations Crown expresses its profound regret} grateful at this time and mines. and apologies unreservedly- for the cny. Jim Bolger, the Prime Minister, loss oflives and fee confiscation of. fe he w iJ>iew Zealand radio, described the ceremony as a great property. Tainui claim is just one of Buckingham Palace and govern¬ ment spokesmen have emphasised; however, that yesterday's apology was not a personal one by the Queen. Hare Puke, the chairman of the Tainui Trust Board, said the tribes did not expea one. “We believe feat she is a gracious lady and sbe is following the process of the monar- property. frT . . . About one million acres of Tatrrui land were seized to punish Maoris and secure a fanning hinterland for Auckland after the 1863-64 Waikato War during which thousands of Imperial troops and local militia fought to impose British sovereignty. hundreds feat have been lodgedv/ith fee WeUinton Government by Maori tribes seeking redress for land and other grievances. Leading artide, page 21 Stars are hatched from three interstellar gas pockets at the end of vast tubes called -elephant trunks" Tamil Tigers flee Jaffna as dream of homeland fades From Christopher Thomas in Colombo Charity buys slaves’ freedom in Sudan By Oliver August THE Tamil Tigers, besieged by the Sri Lankan Army, announced last night that they were quitting Jaffna. Soon it will be a ghost town. Its people are moving away from the advancing troops towards a rural no man’s land io the east where there is nowhere to sleep except on the ground. The population, until recently 200.000. is down to a quarter of that. The old and sick are staying on. So. probably, is a nucleus of Tigers to ensure that the armed forces pay heavily for their victory. The rebels said they would move east to another area on the Jaffna peninsula, abandoning the shattered town that has been the centre of their operations for five years. With their unofficial inde- Colombo: Tamil Tiger guerrillas hacked to death five Sinhalese children in southeast Sri Lanka yes¬ terday. The children were killed after the guerrillas attacked a hamlet before dawn. All schools across the country have been dosed indefinitely. (AFP) pendent state of Eelam in ruins, fee rebels will revert to doing what made them fam¬ ous: hit-and-run guerrilla warfare. They are pressing people into uniform because of dwindling recruitment, a sign of demoralisation and a grow¬ ing conviction among ordi¬ nary Tamils in Jaffna that hopes of establishing a sus¬ tainable homeland are dead. Many Tamils are being rounded up for questioning in Colombo and elsewhere in the search for Tigers who might be on bombing missions to avenge the loss of their de facto homeland- However, old patterns of torture, beatings and extTa-judicial killings are not being repeated. Police and troops have been warned not to sully military victories with human rights abuses. The Government says people should return home once troops have secured the area. While Colombo draws unaccustomed international approval for its military con¬ duct the Tigers have lost much of their international goodwill Canada, one of their most important fund-raising centres, long ago declared them a terrorist organisation. A BRITISH charin’ working in Sudan is buying back Christian slaves kidnapped by Arab militias and forced to become Muslims. A team from Christian Soli¬ darity International (CSD went to Sudan and spent £10.000 to free 22 children and young women. The charity agreed with local leaders in Nyamlell southern Sudan, to buy five cows for every* slave and use these as payment. Baroness Caroline Cox. a member of the CSI team, said: “1 just couldn’t leave these people behind knowing we could have helped them." Tens of thousands of black Christian Sudanese in the south of the country have been abducted by gangs of soldiers, who sell mem as slaves to Muslims in the north. Accord¬ ing to Baroness Cox. the enslaved children and young women are forced to do house and agricultural work as well as provide sexual services. They are generally given Mus¬ lim names and forced to observe Islamic rituals. The boys are said to be forced to attend Koran lessons and militia camps where they are trained to wage war on their own people. Since 1989. the Christians have been fighting President al-Bashir. who has been ac¬ cused of involvement in an assassination attempt against President Mubarak of Egypt in Khartoum this year. Dr George Carey, the Archbishop of Canterbury, visited south¬ ern Sudan last year to lend support to the embattled Christian community. Chernobyl closure faces delay Kiev: Ukraine could postpone a promised closure of the Chernobyl nuclear power sta¬ tion by fee end of the century unless the West provides more money more qiuddy. the coun¬ try's top negotiator co fee issue said. “We have proposed to our partners to leave unfixed the date of Chernobyl’s closure," Yuri Kostenko, the Environ¬ ment Minister, said after two days of talks with Western experts. “Existing financial resources in the form of grants are. dearly insufficient to start work on dosing down Chernobyl." (Reuter) Petition rejected Oar es Salaam: Tanzania’s High Court has rejected an Opposition petition to bar the publication of results from parliamentary and presiden¬ tial polls, which the Opposi¬ tion says were rigged. (Reuter) Korean threat Seoul: North Korea has threatened to halt efforts to find the remains of American soldiers missing from fee Ko¬ rean War unless it is paid £22 million in expenses incurred in past repatriations. (AP) Cash offer Tokyo: The US military has asked defence lawyers for three servicemen, who go mi trial on Tuesday accused of raping a 12-year-old girl on Okinawa, to consider offering compensation. (AP) ANC leads Johannesburg; The African National Congress so far has won 67 per cent of the vote in local elections. The National Party was its strongest opposi¬ tion with 23.2 per cent, state radio said. (Reuter) You !!P ... then hoMw.ouiaivoujIaetlo work? Lunn Poly Ml00 Oft British airways HOLIDAYS if s suipnsiugly easy to accumulate eoangb paints to lose yrar driving litescs. And If disqaafifleafioa, tejery « revocation suddenly prevented yen tram driving, bow would you cope? Would yon be able to gel to work, look after your family or maintain your income? 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CHter wpbas to new bookings wsy O' vS& IjjijHE S SATUR D AY NOVEMBER 4 1995 _ OVERSEAS NEW S 15 200,000 Filipinos seek to flee fury of deadly Angela in country’s worst battering Super-typhoon kills 66 in howling trail of mass destruction From Alistair McIntosh IN MANILA THE most powerful typhoon to hit the Philippines for years howled across the country yesterday, killing 66 people sending more than 200.000 fleeing from their homes and leaving millions without power. “This is the worst beating we have ever had." said Severo Alcantara, the Gover¬ nor of Catanduanes. before all communications with the is¬ land province, bar ham-radio links, were cut Catanduanes. 220 miles east of Manila, the capital, was the first area to feel the fury of Angela, des¬ cribed by weathermen as a “super-typhoon" because of its size and power. Up to 500 miles in diameter and with winds initially gust- ing up to 155mph. Angela then scythed across the southern UN rights pledge on Hong Kong reports From Peter Capella IN GENEVA THE United Nations Human Rights Committee is to contin¬ ue to report on rights in Hong Kong after the colony reverts to Chinese rule, brushing aside Peking’s objections that it is not bound by a key international convention. The committee, which has just concluded its fourth regu¬ lar review of human rights in Hong Kong, said in its final report yesterday that the Joint Declaration on the colony’s future obliged the Chinese to carry on accounting to the UN body for the respect of civil liberties there after 1997. China has not signed the International Convention on Civil and Political Rights. Talks between Britain and Peking on Thursday remained deadlocked. Francisco Jose Aguilar Urbina, the chairman, called on Britain to report to the UN next year. He said he hoped to gain a better idea then on the ' steps ro be taken to guarantee civil liberties. He also wel¬ comed the prospect of Chinese participation. Hong Kong's legal frame- work was also criticised because two-thirds of the Leg¬ islative Council’s members are not democratically elected. w a n sounr- CHINA 1 SULU -Jo JN • SEA SABAH ( 'y u 100mto pan of Luzon, the most pros¬ perous and heavily populated island in the nation of 65 million people. Its outer fringes began to hit Catan¬ duanes on Thursday night and its eye passed south of Manila by If.30am yesterday, although its huge size meant that its force was felt for severai hours. At least ten people died when volcanic debris loosened by rain thundered down the Suspected car bomb accomplice arrested From Christopher Walker IN JERUSALEM PALESTINIAN police in the Gaza Strip announced yester¬ day that they had arrested a man suspected of buying the two cars used in Thursday's twin suicide bomb attacks in which the two bombers died and 1! Israelis were hurt The bombings were ordered in revenge for the assassina¬ tion in Malta of the Islamic Jihad founder. Fathi Shqaqi. by Israeli Mossad agents. The speed of the arrest, made according to Major- General Abdel-Razeq Majai- da. the police commander, late on Thursday night, came as the Israeli Government was putting heavy pressure on Yassir Arafat, the Palestinian Authority leader, to take tougher action against Islamic terrorists in Gaza. Israeli leaders have given warning that the programme to pull bade troops from the West Bank’s main Arab towns will be halted unless there is a harsher crackdown on Islam¬ ic hardliners determined to wreck the peace process. Yitzhak Rabin, the Israeli Prime Minister, said he ex¬ pected “more efficient activity" to prevent attacks from being launched from areas under Palestinian police control. flanks of Mount Mayon near Legazpi. the main city of the worst-hit Bicol region. Thou¬ sands of traditional Filipino wood and palm-thatch homes were destroyed. Initial esti¬ mates put damage to property and crops, such as rice and coconuts, at more than 1.2 billion pesos (E30 million). “We have no food. We may die of starvation here," Raul Lee, the Governor of Sorsogon province in the Bicol region, told a Manila radio station. “All of our crops have been destroyed. We are asking the Government in Manila to please send us 200 sacks of rice. We have never seen a typhoon like this." President Ramos, taking personal charge of relief efforts in Manila, said: “Sav¬ ing lives and reducing dam¬ age is the main event at this time." More than 200.000 people, including20.000in the mri. ggasgg-jgg! i If 1 , j jpi Ijliwp y Philippine fishermen watch helplessly from a sea wall yesterday as their boat is sunk by Typhoon Angela capital, fled for their lives and crowded into evacuation cen¬ tres in schools, churches and. in at least one case, a shopping mall. The normally congested city turned into a ghost town as its 8.5 million people cow¬ ered indoors. In the deserted business district of Makati, the wind set up an eerie shrieking noise as it pounded high-rise buildings. Angela is the worst cyclone to strike the Philippines, bat¬ tered by an average 20 storms a year, since Typhoon Nina killed 1,000 people in 1987. It struck less than a week after Typhoon Zack killed more than 160 people in the central Philippines. Manila airport was dosed for most of yester¬ day. Weather forecasters said that, by the time Angela had left the Philippines, heading towards Vietnam, ir had reached a top wind speed of 106mph. (Reuier) Missing ‘boy’ clue to chaos By Nigel Hawkes SCIENCE EDITOR THE devastation caused by Typhoon .Angela could be linked to the disappearance of the El Nino southern oscilla¬ tion. a cydical shift in the temperatures of the central Pacific Ocean. This year, sea surface tem¬ peratures have . cooled to¬ wards normal, ending an El Nino event that has lasted for several years. But records show that hurricanes and typhoons are more common in years when the El Nino — “the Boy Child" so named by Peruvian fishermen who ben¬ efit with booming catches — cannot be detected. Given a long run of ty¬ phoons. some are bound to be more powerful than others — just as waves falling on a sea shore vary in intensity.While Angela reached wind speeds high enough to do enormous damage, it was by no means a record. That is held by Joan, which struck in October 1970. and killed 2.361 people in the Philippines. 4.15 % Fixed Rate Mortgage Fixed To 1st September 1996 We sincerely believe ux have found one of the best quality r monev jackets made in the UJS-, why pay more when you t take advantage of our low introductory price? 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  16 EUROPEAN NEWS THE TIMES SATURDAY NOVEMBER 41995 French President’s 30-year-old Cabinet protege is tipped for top post in exp ected reshuffle

  MinHgl-lfVg PF) 1 TTTEfl/SVGMA -J- Youthful face of Chirac rule has eye on power FRANCOIS BAROLN is sure¬ ly the only French Cabinet minister with a taste for punk rock. For M Baroin, in addi¬ tion to being spokesman for die Government, a secretary of state, and mayor of a large city, is just 30 years old. The youngest minister in the history of ihe Fifth Repub¬ lic, his is the youthful voice of the Chirac regime: when France explodes a nuclear device if is M Baroin. fresh- faced and bespectacled, who must announce the fact to the world and defend the ancient might and majesty of the French state. The only compa¬ rable example of French polit¬ ical precocity goes back half a PARIS FILE by BEN MACINTYRE ■a ssa century. In 1944. Charles de Gaulle included in his provi¬ sional council an ambitious 28-year-old in charge of pris¬ oners of war. His name was Francois Mitterrand. The comparison is a telling one. for political insiders pre¬ dict that M Baroin is destined for yet greater things. “This is an apprentice posting." Presi¬ dent Chirac told his young protoge on appointing him as spokesman, a job that carries immense dour as well as ministerial responsibility. For weeks there have been ru¬ mours of an imminent Cabi¬ net reshuffle and M Baroin is being tipped as likely 10 be awarded a top post, possibly and most predictably Minis¬ 20,000 Leagues is too far down A THIRD of the French population regularly takes tranquillisers, anti-depressants . sleep¬ ing pills or some other mood-altering drug, according to a recent survey. However.•. the French are likely to be less happy to see their great works of literature artificially cheered up. Jules Verne's gloomy anti-hero. Captain Nemo, is apparently too depressing for American audiences, so Steven Spielberg , the Hollywood director, has com¬ missioned a script for a “prequel " to Vemers classic 20.000 Leagues Under the Sea. in which the grumpy submariner is all sweetness and light. “We are changing our initial script from dark to light because the studio does not want to spend $60 or $70 million immersing an audience in tragedy .” a scriptwriter said. ter for Youth and Sport. Three years ago M Baroin was an undistinguished tele¬ vision reporter, but firmly plugged into France's polccal elite. His father. Michel. Ma¬ sonic Grand Master, prami- 'nent businessman, politician and close friend of the Chiracs, was killed in a plane crash in 1987. M Chirac stepped in to become, in effect, the young Francois’s adoptive father. “He told me he would always have a half hour for me. whenever I needed itr recalls M Baroin. but the future President provided him with rather more than that Aged 28. M Baroin was elected to parliament He was brought into the Chirac presi¬ dential campaign as spokes¬ man, and retained the job after the election in May this year. M Baroin’s government post meant that he had to give up his seat in parliament but in June he was elected Mayor of Troyes, in northern France, three days before his 30th birthday. Since then he has shown himself adept at pre- S . vy»- 'r 'TV(£ immigrant Francois Baroin. the French government spokesman and teenage heart-throb sen ring the government line, while also appearing as a heart-throb on the cover of teenage magazines. The Chirac Government battered by a series of corruption scandals, badly needs to show a new face to an angry electorate, and none could be newer than that of M Baroin. The preppy and guileless looks of the government spokesman should deceive no one. for, as one Cabinet minister recently remarked, “behind his smile, there is a blade of steel”. While the Government's favourite ■ young Turk may have time on his side, he also has power firmly on his mind. JEAN-MARIE LE PEN. the leader of die far-right Nat¬ ional Front who wants for¬ eigners repatriated, dis¬ covered this week that his daughter has been fighting to stop the expulsion of an Algerian immigrant Marine Le Pen, a lawyer who stood for the National Front in the 1993 parliamen¬ tary elections, has taken up • the case of Nourredine Hamidi, a 44-year-old Algeri¬ an who has uved in France since the age of one but who faces expulsion for a robbery' committed in his youth. Mme Le Pen says that M Hamidi's case is special and insists that she and her father still see eye to eye on immigration. Providing further proof of the huge difference between generations. Helmut Kohl, the German Chancellor, has appointed as his co-ordinator of Franco-German co-opera¬ tion Manfred Rommel — whose father Erwin, the Sec¬ ond World War “Desert Fox” commanded the German forces in France. Perhaps a Le Pen will one day become the French Am¬ bassador to Algeria. London group ‘linked to Paris attacks’ I Nuclear By Adam Sage in Paris and Stewart Ten dler FRENCH police believe that the wave of terrorist attacks in the country has been orches¬ trated by Islamic fundamen¬ talist:; based in London. French newspapers reported yesterday. Last night Scotland Yard and security sources con¬ firmed that a man named in the newspapers as the master¬ mind behind rhe bombings has been targeted by British officers working with the French. The man is legally resident in Britain with links to an Islamic fundamentalist ncvvssheet and uses the nom de guerre. Abou Fares, the name publicised in Paris. He is one of about half a dozen Algerians identified by the Renseignmem Generaux. the French equivalent of the Special Branch. The group has links all over Europe and has been under surveillance fay Special Branch officers and Security Service units but has been careful not to violate any British laws. It has been watched travelling between Britain and France, Belgium. Germany and Sweden. French intelligence passed to Britain has suggested that the group was "mainly in¬ volved in fundraising al¬ though there were also suspi¬ cions that some attacks may have been planned here. Police and Security Service officers believe that they may be dealing with a group which deliberately has based itself outside its’ theatre of opera¬ tions to avoid attack. Last month Stella Rim- LE FIGARO Le providentiel brouillard de Londres Lj capuak hriinimique abrite de noabreux ejfrrinitfes afeerica? : Jo anii» pariskn BoasJm Bemsid itsiten ttroit contact otre eux. L» »-£'• at Buutien B»’- iwim • £»-. 3C1T I CirW» »n O rarj> 19 c.nmane^m a, pouM yjrewfc dc l.'mW tjmt « Co «mso «v p>tpar»i vn FIS. mutneomt . taeu S*b- ««m - tou am- WMMi cacuod- u-t'lt. • Tr>» Mctna.v Cwmui.iy in &io*i 0rtom> on bu. lew® cem r*bvn. mm® < 1 - . n-.—c-' • reti', 4 kw, acitt a a attef mol • ■‘■U da rsfcj«i6 oo*- ■ Da otnw oMraiot - pur. am V - Oft u an emits Is How the French press publicised the connection ingion, head of M15, noted the wave of terrorist attacks in France and said that they illustrated how new threats could emerge and how diffi¬ cult they were to deal with. Such groups were relatively little known and worked in unstructured groups. The revelations in the French press come after a bombing campaign that has left 17 people dead and 177 injured this year. Claiming that investigators had foiled a planned attack on a market in Lille, the Government said that among those detained was Boualem Bensaid. 27. an Algerian alleged to be a ring¬ leader of the Armed Islamic Group, which claims respon¬ sibility for the terror cam¬ paign in France. Yesierday Le Monde report¬ ed that Mr Bensaid had been in contact with Abou Fares, who is reported to have planned the nine attacks per¬ petrated in France since July. Police had discovered the link by intercepting Mr Bens aid’s telephone calls. Mr Fares, linked to the news sheet. Al-Ansar. had al¬ legedly given orders to M Bensaid m the week preceding the police raids, the news¬ paper said. It added that the London-based militant's name had been found in an address book belonging to Khaled Kelkal. 24. the Algerian sus¬ pected of involvement in at least one attempted attack and who was shot dead near Lyons in September. □ Polling days The French Foreign Ministry announced that it will allow Algerian residents just three days to vote in their presidential elec¬ tion next weekend, though the Algiers Government said they would have six days to cast a ballot. (Reuter) plant to be fun park Italy sickened by its fighting fit invalids From John Phillips in rome Kalkar. A fast-breeder nu¬ clear power plant that cost Germany sewn billion marks £3.2 billion to build but was never used was sold yesterday for an unrevealed sum to a Dutch investor. Henny van der Most wants to turn it into an amusement park called Kem-Wasser- Wunderland — Nuclear Wat¬ er Wonderland. The huge cooling rovrers may be inte¬ grated into a roller-coaster. The reactor, 12 miles from the Dutch border in northwest Germany, was started in 1974. Thousands of police were called out regularly during mass demonstrations against its construction, completed in
• By then, five years after the Chernobyl disasrer. the Government decided it would never go into operation. (.-4P; ITALIAN police yesterday began hunting for up to 50.000 fit people who have taken “jobs for life" reserved for the handicapped in yet another public-sector bribes scandal. Cases have emerged of “blind" men driving school buses, “paraplegic” employees carrying heavy loads and “deaf and dumb” workers' manning switchboards. More than 300 Carabinieri paramilitary police are now searching records of 90 local health- authorities to winkle out officials who issued dis¬ ability certificates to healthy jobseekers in return for bribes. The scandal began with an investigation into ihe Ministry of Posts where 2700 people are under investigation, in¬ cluding Carlo Vizzim. the for¬ mer Minister for Posts. Judicial sources said that the racket was common know¬ ledge in many Government offices. Managers regularly assigned physically taxing jobs to people who were officially incapable of carrying them our. Franco Frattini, Minister for the Civil Service, said that the exact number of false invalids was unknown, but that the figure of 30.000 “will certainly be exceeded” La Repubblica newspaper, citing judicial sources, puts the fig¬ ure at 50,000. “One begins to wonder if any real invalid has ever been employed.” the paper said. Investigations are under way in 13 cities. A parallel investigation is being conduct¬ ed into disability pensions; 15.000 fake pensioners have been found, but that is known to be the tip of the iceberg. Pocket-money premiums. Grown-up protection SPECIAL CONCESSIONS AT OVER 100 MUSEUMS AND GALLERIES Free passport and guide £100,000 cover for just £1.82 a week' Your children depend on you for a Jot more chan just cheir pocket-money. Fortunately. you can give them - and all the family - the financial protection they'U need, should the worst happen - from as little as a few pence a day. Allied Dunbar’s straightforward term assurance can provide a substantial sum to your dependants should you die within the period insured - at a price that’s real that’s just 26p a day. Even better, you may qualify for higher rale tax relief on your contributions - meaning you can get even more protection for your money. Which is good news for anyone bringing up a family, especially during the years when new clothes, holidays and even the weekly shopping can put a heavy burden on your income. value. Your monthly contributions can work out to be as tittle as £1.82 a week for each £ 100,000 worth of coven Ceil now for a personal quote on 0800 888 666 Any time between 7am-10pm, 7 days a week. Why not call us now for more details and a personal quote? Alternatively, if you visit us on the Internet you can obtain your quote (plus a free guide to Will Writing) on-line. Either wav. you’ll discover exactly how easy it is on the pocket to protect the ones you love. flBfll . ^temafirety.viaftusonlhotritot^al bttp: //ww. AlliadDunbar ,co.-uJc -toraquofflfrfcsafreo gucSo toWH Wrttkitfon-ftra. For the life you don't yet know ALLIED DUNBAR Emtom' brand orla nwaraeftiiig mwo. age 30. acetpM at nandara raw ft a 10 jew tm. who la ■ basic nh taxpayer. »«n-«npta»wj or not to a wn, porafan setane. Whom Ur nrfkrt t* IKH nAUc. conWMtaiB for M* aw wou* be the equMknt or «p pgr day Actual »n of cot dopnW«" trmfc feral of cow nd upon m ago. rax. amU* ■■■ Bate ol health, and tfgHIV (or Ox iWtof. lOMmuili reenthty EonDfeiiaon Is CKXaa AWod Oun*nr tau'oncv pfc M a Briber el Bxj AIBca Ouitur Usiknfrig aAice l« 'opMpd ov in* PhMAjI limafenant Aumnflw Wa/W FVnwiuo Prncfaee am Law are ’Hjbfocl to mtkvtsiol ona im a nnoog and tt\ onga. Tta ASod Poracnai Lfln m] AdagNlM Hum Ram am Jq auurcmcDOfcms aNcft. rofion h» rogiA* menfftfy cwurtUUj pronos a ea>y, »«b B you «e timig mo apooc CcntAtKmSora iwiiady Botsreaihoy caneensoua Bpirmdo mr leourod ceft aan The ptodua b omy ovaiatoo in mainland Ut For tore incuftfy bS k+jchcn} eaUs to AM OatuI (on ms aCOW i^roorj *4 bo ro«nk4 AM Duto Assi»W>« Ruqetuiwl in England miw 86S2SC RwritemdolS^AMOunlurCBrans.SwwfcnSIrt 1EL The Times , in association with — y Barclays Premier, the gold charge card from Barclays, have joined forces to create a Museums and ? Galleries Passport Guide as pari of a Wifci four-month celebration of art. history, if science and industry. Readers will ; have an opportunity to visit over 100 ,-i museums and galleries offering spe- k " dal concessions ranging from reduced entry prices to free posters and dis- rf; iZ-'&'T'}Z££ : counts on purchases in museum £•£•"’• ‘ shops. ’R,*n A«- r c,t-' . The offer is valid until Ihe end of A . March and readers will be able ro explore some of Britain's miyst stimu- faring treasures, from famous narional exhibitions to the sometimes over- looked municipal and privately owned collections which turn a first visit into a commitment to return. p : s' •' ' ' . The Museums and Galleries Passport ‘ r '- Guide comes with a Passport Card and ®' we will feature a series of regular spedal •' . . .. A. events from time to time in our Weekend ? 5 $ section indicating some additional exhi- ■- j a.f .-fij-si bitions you may want to visit and lake ' . ' ' . u advantage of our exclusive offer. . : The Passport Guide is a beautifully |‘ illustrated pocket guide which includes p brief descriptions of each museum and tl'- - gallery and their permanent exhibitions and the concessions available, with occasional references to future programmes. The selection of museums and galleries is eclectic. Ir includes Cornwall’s Newlyn Art Gallery with its stimulat¬ ing Contemporary an shows: the Medieval experience of Chaucer'S Tales in Canterbury: the Icetii at the Lynn Museum in Norfolk; the Industrial Revolution at Ironbridge; the Museum of Childhood in Edinburgh, known, not surprisingly, as the noisiest in the world: the Linen Centre in Co Antrim and the Museum of Life in Cardiff. The coverage is widespread by both geography and interest. There are also some specific exhibitions listed in die Guide. For instance, in London, there is the Royal Academy's celebration of the art of Africa. Africa - the An of a Continent, which runs until January 21: the David Hockney retrospective of his works on paper which runs until January 2$ at the same venue. Across the Thames at the Design Museum. Paul Smith - True Bril . is on until April 10.1996. and uses light, sound, projections and video to capture the work of one of Britain’s leading fashion designers. There are new- and expanding venues such as Catalyst, the Museum of rhe Chemical Industry in Cheshire, which has just opened a new gallery tracing the use of chemicals from rhe earliest times, and in rhe spring plans to open another. Chemicals for Life, showing the latest technological guide you will be able to plan ?special outings because there are detaDed ' " ‘ " i&t&a listings reflecting the seasons and festivals . J Ciii'h ac ("rottino Qenrtv f.-\r n ItfMnViti such as Getting Ready for a Victorian Christmas ai Blists Hill Open Air Museum; Whisky Galore at the Imperial War Museum or Animal encounters at the London Transport Museum. Presentation of the Passport Card at these and other participating venues will entitle you 10 a range of concessions, including rwo tickets for the price of one at most locations listed in the Passport Guide. The card can be used as many times as vou wish. HOW TO GET YOUR PASSPORT All you have to do is collect four of the six [ 8 7 tokens which will appear in The Times. 4 -.. -jfU U.... until next Friday. November 10,1995. J: w ien - vou have collected four tokens.

  -‘ a •• • complete the coupon below and send . ; ;? them with a first class stamp, loose in """" the envelope, to: The Times Museums and Galleries Passport Offer. Spero Communications. PO Box 349. Maidstone. Kent ME156YU. BARCLAYS PREMIER 7Vf* Gold CJhargf f.twrd From Rflr(/«yi Barclays Premier services include Barclays Premier Travel, offering discounts on everything from airfares to hotel room rates, including a guaranteed five per cent saving on most leisure travel! THE TIMES PASSPORT VOUCHER } Attacn three more dllterenNy numbered tokens from The Times to • receive your passport and guide. —Iwtlel .Surname... Address_ THE vfiS&TIMES : r%' % Poslcode.... TOKEN 1 1 11 ynu do (Vii wish id m»Ae rurtrv.f offers j Irani us [doase tick i/w Oo« | THE TIMES SATURDAY NOVEMBER 41995 17 ■ opinion Never mind the quality oi the film, just feel the weight of the merchandise ■ VISUAL ART ‘The penetrating gaze of an African outsider*: Sokari Douglas Camp’s flamboyant work goes on show THEiiiSrnMES ARTS ■ BASE NOTE Beauty tamed at the box office: Kathleen Turner finds the going tough on Broadway ■ BASE NOTE Bruce Springsteen browses through Steinbeck’s The Grapes of Wrath to find inspiration for his ne,w album F ew British parents scan the Hollywood trade paper Va- nety, which is a pity, if they see a headline this week to lift their drooping hearts, or any other organs that are sagging under the strain of dealing with-the parasite classes, other¬ wise known as children. . .Pl e , headline reads: “Xmas kidpix delays may trip toy tie-ins" Er. quite. Luckily, the story be^ neath translates this Delphic state¬ ment into something akin to English: “Shifting release sched¬ ules have put two holiday kid pics perilously dose to Christmas, en¬ dangering their ability to generate major merchandising coin." Still baffled? You really have lost the plot of global entertainment i£t me elucidate. And after that. 1 will explain what it’s ail about. Two Hollywood studios. Colum¬ bia and Universal, have each made a kids’ movie. Both will doubtless be massive at the box office. But box-office takings these days only account for part of the Hollywood is just toying with us dosh to be made from a successful nim. The rest comes from a wheeze called “merchandising”. You plas- ter yooT Rim’s logo over otherwise unremarkable clothing, hamburg¬ ers. toys. Then you sell the unremarkable items in vast num- u£Ts at remarkable prices. Ladie s and gentlemen. it*s called progress. When we were children, we just had boring old marbles. And here is more progress. Film

  ^{udios now save merchandisers the trouble of imitating what is on the screen. Instead, in an extended leap for mankind, what is on the screen serves purely as a 100- minute advertisement for toys that already exist A few months ago. we welcomed Mighty Morphin Power Rangers. Last week it was a scintillating jeu d'esprit called Mortal Kombat (love die spell¬ ing!). based on a video-game. Univeral and Columbia are planning exactly this kind of assault on the kiddie market. Uni¬ versal has made Balto. a cartoon about an heroic sledge-dog. which will be released in a blitzkrieg of cuddlesome merchandise. Colum¬ bia has dreamt up Jumanji, about a board game thai comes to life. Naturally, the board game will soon come to life in every toyshop on six continents. But sadly — or. to put it another way. amusingly — the studios have made a mess of their dates. Both films were due out in America this month, giving plenty of time before Christmas for megatons of merchandise to be shifted. But the studios forgot one thing. Disney is releasing its new teeny-epic this month. It is called Toy Story, and you don’t need to be psychic to guess that its content sledge-dogs notwithstanding. So they pushed their release dates back a month. Disaster! Now their merchandisers are frantically warning them that this date is too close to Christmas to allow the requisite amount of mercantile tripe to be sold. One can under¬ stand the shopkeepers' alarm. Would you want 90.000 unsold replicas of an heroic sledge-dog? RICHARD MORRISON will be the focus of a gargantuan merchandising operation. You see the problem for Univer¬ sal and Columbia. If they compet¬ ed directly with Disney, they would be blown away — heroic N evertheless. parents will feel some malicious glee at the studios’ discomfort. They have been fleecing us for years. Now let them drown in their own useless toys. Don’t get me wrong. I know you can’t turn die dock back to the days when a cinema outing re¬ quired additional expenditure no greater than the cost of a hot dog. dripping with ketchup that left attractive scarlet streaks on your anorak. But 1 do wish that these family blockbusters weren’t re¬ leased so often, each one rendering the previous merchandise obsolete in the eyes of your offspring. 1 look round our own house. Good grief, it’s like some bizarre time-capsule evoking Late 20th- Century Trash Culture. We should seal it (perhaps we could gel an Arts Council grant?) and decree that it is opened by archaeologists in the year 3000. They could then sift through the junk like geolo¬ gists probing the Earth’s crust. Ninja Turtles daring bade to the prehistoric 1980s would be uncov¬ ered. Power Rangers, the must- have accessories of early 1990s playgrounds, would emerge from the innards of armchairs. Pogs — those overgrown Hawaiian tiddly¬ winks that mysteriously swept the world last year — would shower down from shelves, each one bearing the reassuring guarantee that it is the official product of the “World Pog Corporation", and not just any old plastic rubbish. Jurassic Park mugs: Aladdin swords that light up: Lion King playsets; Gladiators puppets... all would be uncovered, bearing witness to the intellectual life of 1990s Child. And. of course, to the gullible, weak-willed nature of 1990s Parent. This month’s essential purchase is “Baywatch Barbie”, a blonde dolly equipped with her own red swimsuit and everything that bulges inside it. Well. 1 am not averse io having a few replicas of Pamela Anderson around the house. But this doll is a mere two inches wide. That seems a very ungenerous Tribute to the most voluptuous icon of our age. Still. 1 understand that Baywatch Barbie does come with a plastic dolphin that actually talks. No home is complete without one. Where giants walk in Africa ROS DRtNKWATER L ike many expatriates, the sculptor Sokari Douglas Camp likes to have those odd touches about the house to remind her of home. Sit in her south London living room and you are dwarfed by two steel palm trees that soar through the atrium — one so tall that it was once sent home in dis¬ grace from a South Bank exhibition because it threat¬ ened to dislodge the roof of the Festival Hall. Magnificent though they be. on the day 1 visited the palms were heavily upstaged by eight Africans from hell: mas¬ sive grotesque figures destined for Douglas Camp’s exhibi¬ tion. Play And Display, at the Museum erf Mankind. The most un-African dement in tite room is-a steel sculpture entitled Rose and Vi, two geriatrics complete with shop¬ ping trolley. • their class characterised by plastic rain- hats and. remedial shoes.. Douglas Camp is fascinated Nigeria’s top sculptor has had a life as vivid as her art says Ros Drinkwater by the minutiae of human behaviour, its styles and man¬ nerisms. Rose and Vi is part of a four-year long observation of her south London neighbours, with what one critic described as “the penetrating gaze of the unrepentant African out¬ sider". Douglas Camp was bom tiie fifth child of the third wife (papaeventually clocked up 15) of a fisherman and Kalahari chief on the island of Buguma in southeast Nigeria. Had ii not been for her mothers entrepreneurial ■ spirit she might stfll be in the mangrove swamps. • "Nigerian women onathan WBor'a Production “...cornea up brilliantly” □sly Egress ■j-aises belly laughs as well as smiles. Thera's no better case for opera in English” The GuanJtnn November 4| 719)16118 24129 December 117 at 7.30pm December 9 at 6.30pm Tickets Irom £8 Box Office 0171 632 8300 24 hours IBf END are great entrepreneurs.” she explains. “Mother put all her children through school on the profits of palm-oil sales.” Ago! three, she went to live with her schoolteacher sister, who had married an English anthropologist. When the sis¬ ter died in childbirth, she remained with her brother-in- law, who sent her. at the age of eight, to an Oxford boarding school. She took the culture change in her stride, although she still shudders at the mem¬ ory of the first rime she ate grouse. Not until adolescence did the question of race arise. “By then I was ai Darlington Hall School and very' consciousness of my ’differenmess’.” she say’s. “I had no role models: a pretty girl had a pink complex¬ ion and a rosebud mouth." Worse was to come. Sent to a Yorkshire comprehensiv e on a short-term student-exchange scheme, she was chased by skinheads. “Every other per¬ son seemed to tell me to have a bath. Funny people, I thought. I had a bath this morning. Then the penny dropped." After taking her A levels. Douglas Camp opted to study an in California, where she thought black people would have a more visible role. It did not quite live up to expecta¬ tions. “My fellow students had either served prison sentences or had extraordinary' grants for being deprived, and they got their grades by making their teachers feel guilty. They were an elite for aO the wrong reasons." Back in Nigeria, she mar¬ ried an English architect. Alan Camp. Hie couple decided to settle in England, and in 1983 she graduated from the Cen¬ tral School and went on to take her MA at the Royal College. Until tiie death of her father, in 1984. she sculpted in wood. “I had a need to mourn him in my own way." she says. “So I decided to make him a funeral bed. 1 couldn’t afford brass, so I made it from sheet steel." This has been her preferred material ever since, the intri¬ cate open work of her massive figures echoing the complex basketry of the Kalahari fish traps which surrounded her as a chil d. Her professional breakthrough came with a show at Washington’s Smith¬ sonian Institute in 1988, and now her sculpture can be found in museums and galler¬ ies around the world. Her latest work is a study of the Masquerade, an integral part of her native Nigerian culture, which consists of dance performances by men dressed as water spirits. The Royal Orchestral Exchange Royal Scottish National Orchestra Wednesday 8 Nov. 7.30pm. Philharmonic Hall, Liverpool Box office: 0151 709 3789 Thursday 9 Nov. 7.30pm. Conductor Piano Brahms Dvortik Walter Weller Grigory Sokolov, piano Concerto No 1 Symphony No S . 1 K ■ I N 6 ■ A H Box office: 0121 212 3333 Friday 10 Nov. 7.30pm. Barbican Centre, London Box office: 0171 638 8891 i| Royal Insurance 150 Sokari Douglas Camp wearing Kalahari tribal dress with three of her huge sculptures guardians of the islands. Her aim is to correct deep-rooted European misconceptions of African art. "There are vast aesthetic differences in what we appreciate and what West¬ erners appreciate,” she says. “I had to come to terms with that all through my art education. The Kalahari people have no awareness of art in the West¬ ern sense. Intelligent though she was. my mother never managed to grasp the princi¬ ple of perspective. For my own part, nudity in Western art always foxed me. It seemed so alien: most of the time you see people with dothes on. and I like familiar sights." Douglas Camp feels that African art seen in the West loses a great deal because it is filtered through Western per¬ ceptions of taste. “The original idea for this exhibition was that I should take the objects in the Museum of Mankind as my starting point, but I found myself overwhelmed by all those masks — they can’t begin to tell the full story. The full story is all about spirit and sacrifice; power, fear and won¬ der: costume, stance and col¬ our. You can’t express that with a disembodied head." True to Douglas Camp's comments on the culture dash, the Museum of Man¬ kind declined to use one of her figures on the poster lest the overt sexuality of its rolling- pin breasts offend public taste, and. heaven forbid, indte fiti. After all. this is Enj Something, alas. Douglas Camp is not likely to forget. • Flay and Display. Masquerades of Southern Nigeria is at the Museum of Mankind until March r PHILIPS the best oTTTTl COMPLETE MOZART EDI I IOi\ The Best of Mozart The ultimate selection: 25 CDs drawn from Philips’ unique award-winning Complete Mozart Edition all in a de-luxe presentation slip case 25CDs Only £149.99 Special Bonus CD Mitsuko Uchida plays Mozart's first works Free MDC Gift worth £100! Facsimile Edition of Mozart’s Requiem (Requiem only available while stocks last) Wk classic MDC music classic service • classic choice For details of The Best of Mozart plus Free Gifts send the form below to: The Best of Mozart • 3 Rathbone Street • LONDON • W1P1AD Please send me details of The Best of Mozart Name:.'... ■ E Address:. BLOCK CAPITALS PLEASE Post Code: BASE NOTES THE National Theatre’s New York transfer of Jean Cocteau's Les Parents Ter- ribles, renamed Indiscre¬ tions for its Broadway run. has its last performance today after a disappointing show at the box office. De¬ spite a cast headed by Kath¬ leen Turner and Roger Rees, and a record nine Tony nominations last June, the show's audiences have been declining through the summer and autumn. • NEXT week sees the launch of the Philip Larkin Society. The society, whose first president will be the poet Anthony Thwtite. plans to organise confer¬ ences, exhibitions and semi¬ nars. The launch will be part of the Hull Literature Festi¬ val. with a programme of events involving readings and talks by contemporary’ poets, including Andrew Motion, Larkin's biogra¬ pher (November 10-12). • MAJOR cast changes have been announced for the West End production of Oliver! at the Palladium. From November 13, Joe McGann will take over as Bill Sikes. Then in January Ruthie Hens hall joins the cast as Nancy'. • BRUCE Springsteen has turned to the novelist John Steinbeck for inspiration in writing his forthcoming new album. The Ghost Of Tom Joad. Recorded in his home studio, its 12 songs are said to offer modern-day perspec¬ tives on characters and situ¬ ations from The Grapes Of Wrath. Springsteen will sup¬ port the LP on his first-ever solo acoustic tour, with Brit¬ ish dates to be announced shortly. • AN EXHIBITION of paintings and drawings by Philip' Meninsky. The World of Dance, goes be¬ hind the scenes at English National Ballet. The artist & ' -V' •T ‘ / ' V'JvV'i '• ’’'A ‘ ••• ■ ' Philip Meninsfy's Lara Adjusting Ribbon spent hours with the com¬ pany in class and in rehears¬ al. The results will be on show at the Dillon Gallerv. London SW13 (0181-288 9338). from Friday. •THE twenty-fifth anniver¬ sary of the release of Carole King's seminal LP Tapestry is to be marked with a tribute album. Tapestry Re¬ visited. on which each of the original tracks is covered by a famous King fan — Aretha Franklin. Celine Dion, Eternal and Amy Grant among them. Hindemith v... Mathis der Mater Jp}
• . k # r- ■ - - ■ . ‘ i- Utn i ' «• '! • .."T. The ROYAL IOPERA
• O • \: uf- } j v l. j :. 0 1 ‘ 1 •» • 11) • ; i 4 THE TIMES SATURDAY NOVEMBER 41995 classical concerts RAYMOND GUBBAY presents at the BARBICAN HALL Bob Offlce/CC 0171-638 8881 TONIGHT at 8 pm HA MPE L Arrival of flte Queen of Sheba ALBINONI Adagio, PACHELBEL Ouioa HAN DEL Suite from the Water Music VivALDI The Fowr Seasons uozabt (ts-rraiL orchestha Uk50, S13JS0, &I7JHL ClBJSS. SS2JSO NEXT SATURDAY at 8 pm JUUUU BOWUDB i riir WflJJAM IMZH.ET baritone, JOBS Bmm wgm ROYAL CHORAL SOCIETY, SOUTHEND HOYS CHOIK j&SO, S144B, £1940, BUO, OS, CZ740 FRIDAY 1 D ECEMBER at 7.3 0 p m © IHECEVIEVART OF THE CINEMA A MUSICAL CELEBRATION BON GOODWIN re-d,SBERmAN MOBLEY vmmrntm ISO jura of daeou IndaiHagnwIc from florin TTIfli Tim Wlml. rimliUifii c l»»y+iy la Barbican Centre Sat 4 Nov 8,00pm The Pour Seasons UntFMhnlOnlicfn tan Watson conductor DonM Hop tfoBn Handel Arrival of the Oueen of Sheba Mbfatooi Adagio rackcSM Canon BuM Suite horn TW Wafer Mask Vfcofcfl The Four Seatons CLM, £1180,07.), El MO. OHO Raymond Qufcbay Ltd Sun 5 Nov 4.00pm EinamielAximo-BmmciMrfriitau Cop ta adWanoVartatloro Sefaabcat Impromptu In B1U Op M2 No? Brahma Sonata [Mo2in F sharp mlnoc Op2 Bml Vaises NobteseiSentlmeiKales Chopin Tw> Waites Op W No I tn A Bat G No 2 (A A minor Unt Vahe OubMt: No IG MepMsto Waltz No J C& ClA tr4, CiB Mon 6 Nov 7.30pm Faur6 Requiem cuomamia City of London SMtania, JoylU Company of Singer Peter Broadbant conductor Anthony Way treble Ruby PtiBogane soprano Stephen Varcoa baritone Franck Psalm 150 Ruud Gindquc de lean Racine Bertai Lm nulls d'erc raurA Requiem C7.CH. ClSjQ.Eia.gg ttoo mu ad by John laroq ESC Tues 7 Nov 8.00pm English Chamber Orchestra Stan Edwards conductor The Bach Choir; Dame Mona tympany piano BtntoMt WooMt soprano Ruby PhHogene mazco-soprano John Hudson tenor Henry WMdhiQtnn bass Mozart Ov. Die ZauberfUte: Plano Concerto No 21 In C,- Requiem EB.E1I.C1G. C19J0 Wed 8 & Thu 9 Nov 7.30pm Anne-Soptiie Mutter violin Antte Previn conductor London Sy md wn y Oi Urari ra Programme includes line thorn n Violin Concerto TickM tern E6 S Nov sponsored by ToiMaa 35 Wigmorc Slreei Lenten VvTH OSP Q^gmore HALL THEATRES Morerc S«ng Ouanet tn Q K387 Smetana: Qaartot Na.1 From my Uhl SeTtenarkW Fighter Pilot Lieutenant Dan Lynch is being interrogated. It’s not his flying skills undcr im*est iga fion... ENGLISHTOUpiNGi HEATRE Contact rheafee Company LUndoubtydly Harvey s'bost ’ ^Gloriously funny - quite definitely another (major hit - ’ ’V.'j r.zncsicr t :cr.,rt.'. ,'v. ^ii '■ ‘.'‘I: 1 1 W lti. 1 .Viiri 1 gLSB,ilU0,Jtl6JB,M3Jg,EtZJ0 ROYAL FESTIVAL HALL Book Offlce/CC 0171-9M 4342 14 DECEMBER at 7 JO pm Walter Weller conductor Grigory Sokolov piano BACH Uagaifleat A Chiiatmu Oratorio (opening choruses); HANDEL Largo, Worthy ft p the Lamb, Per unto as a Child i» bom; GOUNOD Are Maria; FRANCK Rnia Angelicas; CLARKE Trampet Suite; STANLEY Tnunpet Voluntary; BERLIOZ Sbcpheitfb firrenell; ADAMS The Holy City, O Holy Night; and CAROLS fbr aR BOMvnmiu bottoms ™, cbmu mu PEUDB tpt, LONDON CONCERT ORCHESTRA, PHILIP SOUS send, THOMAS TALUS CROOK SOM, fiaaa, stus, &14JHL sn jw, s2zj» ROYAL ALBERT HALL Box Office/CC 0171-589 8212 SAT 16 & SAT 23 DECEMBER at 7 JO pm HANDEL’S THE HUDDERSFIELD CHORAL SOCIETY PAUL LED1KNGTDN WRIGHT arxbrctor SUSAN BOBEnS, KATHLEEN HcKEUAB TIXCtSON RICHARD COXON, RICCARDO SMORTETTI BBC CONCERT ORCHESTRA SATURDAY ZS DECEMBER THE FHOHAKftlONIA OBCHESIRA BRIAN WRIGHT eoadmeter z^CArBDI WYMAVffiS, BEBECCA DEPORT DAVIES MffSk ADRIAN THOMPSON, PETER SHHOH lall GOLDSMITH’S CHORAL UNION £740. £1140, B16J0, ££140, £73.50,12040 MONDAY 18 DECEMBER at 7 JO pm CBKSSmASGALA vrithflmFXUUlARMONIA PHILHARMOWIA CHORUS CHOIR OF WINCHESTER CATHEDRAL IU.T1D mu. cal, STEPHEN VASOOE buttm HANDEL Zjulok The Priest; VAUGHAN WILLIAMS Fantasia on Christmas Carols; AUUNOiO Adagio; HANDEL M etri th - Inm Sequence TCHAIKOVSKY ® T*e Strtraacken Ov; DARKE In Hue Bleak MMwtater; CAROLS A CHRISTMAS SONGS Cor Choir A CAROLS for all £74, £1140, £1040, ££140, SSXSO, £2540 ii-evA 21 DECEMBER at 7 J0 pm CHRISTMAS Fri 10 Nov 7.30pm Royal Scottish National Orchestra 7fc Royal Orchestral Exchange Fri 17 - Sun 19 Nov ■ WITT .. 7T Fri 24 Nov 7.30pm English Chamber Orchestra James Judd conductor Juba Lloyd Webber cdlb ■teed Mother Goose Suite Pre ta B w Peter and the Woll S tra i ita ahy Concerto In E flat. Pnntfurton Oaks Gorin Bryans New commission lor cello and orchestra lworld prenrifetei
• SMI. C1B, Cl 050 Sponanad by CHann* and MU*—I Banos Piano Concerto No 1 dvoAAk Sy m phony No S CS. £10. ClB. £2i. £27 Sponsored By 'll Royal Insurance St John's, Smith Square, SWl Wed 15 Nov, 7.30pm NELLY BEN-OR/Kzno “Mature miiWTanshg? hand-io-haod wirfa brilliant technique" CHOPIN 24 Preludes; BACH Panira No.3 BEETHOVEN 6 Bagatelles Op. 126 STRAVINSKY 4 Etudes Op.7 £Z £9, £> (ODOCT £6) Box OfflcriCC: 0171-222 1061 ST. JOHN'S, SMITH SQUARE SUN 5 NOV at 7.30 pm JEAN'JACQUES KANTOROW mnd/vioSn TAPIOLA SINFONIETTA “Enormously impressive" New York Times BEETHOVEN Violin Concerto SIBELIUS P£lleas et Melisande MOZART Linz Symphony K425 £16. £14. £12. £8 Bos Offlce/CC 0171-222 1061 Presented by Hairlsoo/Panott Ud Sponsored by KEMIRA Royal Festival Hall Mm Ute Lemper 8Nov Utt Lorneer vtags Sondtiriin.Pr«rert and Kurt WeM hi a &00 new show £20-£1240 burning blue a play u tlie most topical, powerful, unexpected and spellbinding play in London' EVENING STANDARD — LIMITED ENGAGEMENT — AMBASSADORS i’HIiATRF LOHOON WC2 BOX OFFICE & CREDIT CARDS 0171 83B 677 7/7171 FIRST CALL 0171 420 0100 . nyie street Lonely Hearts Club The now play by JONATHAN HARVEY, author at Beautiful Thing. Don mar Warehouse 7- 25 November *95 London 01713691732 Gardner Centre Brighton 28 Nov-2 Dec ’95 01273 685861 SPpKSOflEDBVIME WCHELCM PKXCETt PfUGRAWUg 36&S7BJB; OiAPunr Mfl totem Thu BBC Symphony Orchestra r huo icons DNov I Howarth bap} c Undberg ftrom) BBC Symphony Chonia 130 !Mmcaby.Sr1ttmNynimB.ChBlsAeunt>cmRFHlfiSpra

  pre-concart concert frra by cone Ucfcet, £» tunresoved) Fri The London PhSEiaimonic Rasktani at Ota rfh VN o* Classics tor PtosauraBartef-MBafnerttcond) 730 A Quaftalac (prao) Maodrinotn Piano Concerto No4 Martbr The Four OamentatBoothovareSyraphofiyNoiS £G Qu«etvElaaocthHallRfK2 T-IQITIOOO^OB I0a^i-9sm Sun London Shfonietta SBCassodate orchestra 6Ntw ThaMoMar Aldwnriat M 3t«nz iconsS J Wafiaca [tnjrnj 745 MThotnpson haralUmdonOaContatta Chorus Wortca by Saxton, Webern, Balnfarttlga. no. £6 “all the panache of a blockbuster movie.. TIME our j y a A SPECIAL PRE-CHRIST11AS OPERA GALA FEAITJHBIG FOUR DISTINGUISHED SOLOISTS IN A PROGRAM ME OF POPULAR EXCPTS, MARY WITH A SEASONAL T2D3IE, FROM THE GREAT OPERAS, DVO Cannen, FearifiilKrc, La Irariria, II Trovatorc, Rigoktto, Aida, Barber of Seville, U BoUmc, Ma d am Butterfly Trmmdet A Die rWsnsMS toith Speeded Sarprutem AMAJID* THAHE. OAIBE POWELL, BONAVE1WHXA » , y Lil liiiiaViimiV Rill • hs Ari'3i5 • A'js VIENNA BOYS CHOIR I* Deutsche KanrinvorphaiarmonieWfaid 7 Nov Emembia ScaamolQflrnuny^ieedneaiBrtMr 746 Orchestra.IMema»tanriChenAerMt»1cBeeatai.Worla6y Be etfioravMentWsactatrartroirivMomt £T6-£fl Wed LondonUghtbouse Concert HDVtanonfcomD i 8 Nov Rtfton Keynea City Orchestra CHyofUmdonCtMir 746 IBoathCscplJOvendsnltanlAUansifantorBlMtortaby MwtBBer, Heyta. A Worto n-t a wm d. £S-£7 Thu Academy of St Martin In the Fields BNov K SHHto Wrl P Romero Ifltrt Mozart: Symphony Na33c 746 M PudWt: A VVkiQed Creature (pnNnliftDdrfsrcConclBrao deAraiiuegllilendOtaachrcS^niphonyNoAOtatanl £J5-£8 ftf London Shtfonletta seCassoaatB orchestra WNov NonoS Fe fc fc narc Endgamae M Stent (contflSBaOHSJta? 746 C van tonpen (cefio) I Deardeo (sound eng]

  London 8t nf on tat i a Wricae £XL£B ROmL FESTIVAL HAIL. RFH 1 TUES 14 NOV at 7.30pm International Piano Series MAURIZIO POLLINI SCHUMANN Allegro 6- Fantasie in C CHOPIN Nocturnes 6 Sonata in B flat minor Op.35 CO skiing after the redtal E28.E22.EI7.EJ3.EI0. E6 BoxOffcqCC 0171 9604242 Harrbon/Parrott Ltd in assodatran with SBC C/5 QJ r u 'sJ 'N. | | rv j rSi CO Thursday 9 November Royal Festival Hall 7.30pm Richard Hickox conductor Britten A Time There Was Michael Nyman Trombone Concerto BBC commission (world premiere) Elgar Spirit of England Christian Lindberg trombone Judith Howarth soprano Wednesday 15 November Royal Festival Hall 7.30pm Manfred Honeck conductor Webern Im Sommerwind Mahler Songs from Des Knaben Wunderhom Tchaikovsky Symphony No. 5 Barbara Bonney soprano spon»»d by Matthias Gome baritone RgWgNP supportexTby pnuents ®JtC 29ail|| l&U&afh SAT. 25th NOVEMBER at 8.00pm I Ab evauM of «Mra with LESLEY GARREn WdweJ Prestoa-Hoberts tew David Barofl bottom BBC Concert Orchestra Peter Rofainsflii conductor The slar of BBC 2's "Viwi La Wvn" sings N^rfi^tts from her chart topping albums in a awert of favourite dtms oral papula songs Tkls:£2530 £22.50 £111.50 £7430 £9.50 Barbican Hall 0171 638 8891 (9am - 8pm dally) AO seats £10 and unreserved. Children, students, unemployed and over 60 s £S Phone 0171 960 4242 to book your tickets. ART GALLERIES BRITTER • CEREMONY OF CAROLS -THE GOLDEN VANITY ’I”- 1 '•W.r.S C>‘ rSL-'C. ScIvss.T. Hc-.S! Ajc-n.fr Ftikssnjjs ire JOHANN STRAUSS WALTZES ROYAL FESTIVAL HALL RFH0 XSSST"

  E25 £20 £1750 £15 £12 JO £10 £7.50 £5 Bra Office 61719614242 And jt ST. ALBANS CATHEDRAL KING'S COLLEGE CAMBRIDGE EXETER CATHEDRAL PLYMOUTH PAVILIONS TLj 2 S'cv T.oDc.t. 0172? 3507013 rri 2 NcvEpn 31233 357051 T-je 7 Hov 7 35c- 01302 211020 7Tj S fl;v 7.;ipm 01753 229922 ST GEC’RGFS HALL ERADrORD F;i 17 Nov 7.30'm D1274 7 52QCD ROYAL CONCERT HALL GLASGOW Wed 22 •lov 7.2L 0141 2^7 SMI DURHAM CATHEDRAL T-.u23 fjDV 7.33p,r. C1M 354 7W? S.ll perte 1 I/.' Uanl>L-JiLris c;:'. £'• \:rr ROYAL ALBERT HALL SDimAT 12 NOV «t7J0 hr ahl of NA OS (Na tio nal Anodat Ion of BertoinjTt*nt s*rok*a) REMEMBRANCE SUNDAY CONCERT -50 YEARS ON- London Festival Orchestra/Ross Pop)e GoWemJth* Chora! Unioa London Conceit Choir Deborah York Soprano Nicholas Gedge Bats Faure Requiem Copland Fanfare for Die Conamoa Hu SiBwradu& Barber Adagfio for Striiain Borocnn PoknUiu Ducm Elgar Tftnrod' £ram Variations & Pomp & cSrammtUMe March. No i Bor Omcc 0171 589 8212 CCHotuhe0171 312 1995 COIN AUCTION 111 TUESDAY 21 NOVEMBER 1995 Ryder Street Rooms, 5-15 Ryder Street. London SWl Public View: 17 & 20 November Catalogue available, £10 24-hour credit card catalogue order line 0171-3892820 THE JAMES PERLEY STTORER COLLECTION of English coins mrfmlmg

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  . FIREBALL OF A PLAY TO IWIMWATE THE WEST END” Today try PETER WOOO AMASSADDRS017IB366I11/ 4200100 (no hkg tee) YIEW PLAY OF THE YEAR* DIM BURNING BLUE MorvSa17JOMais Wed & Sal 100 APOLLO <94 506B/344 4444/4® oooo HAVLEY BULLS “MagrtacanfFT JENNY SEAOHOVE " h ryecc ab ta” Tunes DEAD GUILTY YUdind Hants’ mm pkty is THE PERFECT THRILLER’sTimas MwtFn 8. Mala Ttu 3. Sal 5 S fl.15 APOLLO VICTORIA cc 0171416 «55 CC 24hrs 0171344 4444/0171420 0000 Ops 0171416 6075/ 4133321 Andrew Lloyd Webber's New production at STARLIGHT EXPRESS "A REBORN THEATRICAL DELIGHT* Daly Mai Wlite knuckle nns 19.45 daily TueASai 1500 Ticlwte (ram £1250 CAMBWDGEBOACC017I 494 S064 cc (ix) fee) 3121992/344 4444 Qrps 413 3321/ 312 1970/ 4845454 FAME THE MUSICAL TARE IS A FEEL-0000 TBWMPir Mai On Sunday “BREATHTAKING" hdeperxten 1 &»731Mats WW & Sal MO DOMINION Tiduflres 0171416 6060, 017142DODCO(bkglea] Grps C17T 416 6075/4133321/420 0330 GREASE Stamg SHAW RICHIE and SAMANTHA JAWS “Fast, furious A fun, fun, fun." Daly Mirror Eves 7JQ, Mas Wan & Sal 3om TICKETS AVAILABLE - APPLY DAILY TO BOX OFFICE DRURY LANE THEATRE ROYAL SS cc (3hg las) 34Hr 7 days 017i 494 50004344 4444/420 0000 GfPS 494 5454^133311/312 6000 MISS SAIGON “THE CLASSIC LOVE STORY OF OUR TIME" NOW WITS 7TH SENSATIONAL YEARI Evas 7 45 Mate Wed & Sal 3pm Good seats avai for Wad Mat A some porta - apply B.O. FOR TELEPHONE/POSTAL BOOKINGS & PERSONAL CALLERS OLD VIC 0171 928 6066012 803* The Royal National Theatre's Tie Wire IN THE WILLOWS LW Season From 34 Nw Book Mm DUCHESS CC 0171 494 5070 CC 344 4444 (no bkg fea)/836 2428 (bko fee) 0171-4133321 Evas 8pm, Wad mat 3pm, Sat 5pm & 830 "A SAUCY COMBDVE. Sid NOW IN ITS 5tt> YEAR D0NT DRESS FOR DINNER DUKE OF YORK'S 0171836 5122/0837 CC 420 0000/344 4444 fflhra.no feel ROYAL COURT CLASSICS ‘An event before ft area bagtaa' Mon Sin ffcr V4ufclv«Ka knockout of an ewereng Today Evw T30Ma»s Wefl.Thu 2£0Sal 300 0 pm* 0181 940 0088 ART GALLERIES OPERA & BALLET MARLBOROUGH FINE ART 6 Aberrate St, Wi WED WftllAMS 1£E7fl2 Selected Works pemungs. gouedias and graohes. Unti 2 Dec MonFti 10530. Sal 101230. 0171-629 5161 ROYAL ACADEMY OF ARTS. Rcratflh.Wl Vkjoaiy Recorded into 0171 439 4996/7 Acr.ence bettang 0171-494 5676 AFRICA THE ART OF A CCNTN&IT DAW HOCKNEY A BRAWNS RETROSPECTIVE GAVIN CAMPBELL CARMEN SILYERA v I SgMOPM THE GivREX ROTAL OPERA HOUSE 01713M 4000 tor Btl* OH A Standby into. Tcfcets awaiabte pn fta day TIM Royal Bella TonT 7.00. MoaThw. Fri 730 SWAN LAKE Tue, Wad 730 MANOR B DANCE The journey from convent to degradation superbly conveyed in the Royal Ballet's Manon ■ THEATRE In Hammersmith, Ford’s gory l Tis Pity She's A Whore is strong on sets, weaker on acting THES sTIMES ARTS ■ RECORDS Charlie Mingus and other jazz greats captured on A Great Day in Harlem: review Weekend, page 8 ■ ON MONDAY Oasis come to Earls Court read David Sinclair’s review of Britpop’s big night out GREAT BRITISH HOPES Rising stars in the arts firmament VICTORIA HAMILTON Profession: Actress Age 24 Appearing in: Peter Hail’s production of The Master Builder at the Haymarket. Playing opposite Alan Bates’s Solness with phe¬ nomenal nascent brilliance, Hamilton is a refreshingly unvampiric Hflde Wan gel. striding into his sterile home like a back-packing mountain girl, naively fixat¬ ed on this tower-building man who once promised her the world in her pre¬ pubescence. “My saving grace," says Hamilton, “is that I’d never seen the play before. 1 just got a strong instant feeling of how she should be played." Apparently the original costuming idea involved a split skin and plunging neckline. Where has she appeared from? Hamilton, tiny framed but confidently articulate, has reached the West End by leaps and bounds. From LAM DA, she went straight into television. She is Mrs Forster in Pride and Prejudice. Her professional stage debut was only in May at the Orange Tree, where she shone opposite Tim Pigort-Smith in James Saunders's Retreat, interestingly playing a more satanical- ly calculating teenage traveller returning to entice and trouble a man from her childhood. But what about being up therewith Alan Bales? “Alan and Peter treated me as an equal from day one. a great act of faith. But it is extraordinary. I still get evenings." she confesses, “when I’m standing on stage and thinking, 'Good God, that’s Alan Bates. What's he doing talking to me? it has been a seven-week masterclass, too. I operate completely off gut and emotion. What I’m learning is the technical skills. Professionally, there has been a terrific response. You just have to concentrate on the part, on the play, or it could be heady,” she says. On acting: “Listening is 90 per cent of it Your character is defined by everything around you." When not acting: “I’ve had my nose in a book since I was very small. I listen to Radio 4 a lot. I'm discovering jazz at the moment. I used to write short stories. I never feel there is enough time: die world is so manic that you neglect yourself. But my addiction is sitting in coffee shops, talking for hours." Kate Bassett DANCE: From convent respectability to sexual degradation and death — how could a girl resist? run N o wonder Manon is so popular. Kenneth MacMillan's ballet has everything: a compelling tale of sex and sin in 18th- century Paris, told through wonderful choreography and set to memorable Massenet melodies you can hum on the way home. It is also a ballet for hero¬ ines. They start young and fresh, bound for the respect¬ ability of a French convent, and they end up degraded and dissolute, dying as convicts in a Louisiana swamp. An emo¬ tional journey like that does not come often to a ballerina. And at the Royal Bal- M< let they know how to make the COVent most of the op- - pominity. From the moment she walked on stage on opening night. Sylvie Guillem seemed destined for corruption. It was clear that her Manon was a wilful young woman eager for the bright lights and financial pickings of the big city, who knew that her strongest cur¬ rency was sexual charisma and who was prepared to exploit it, whatever the cost, ft helped that Guillem is also the most elegant and chic of dancers — Monsieur G. M. would pay dearly for this courtesan. Guillem's beauty and im¬ petuosity were an irresistible lure for Jonathan Cope’s sensi¬ tive and amorous Des Grieux. Their partnership is improv¬ ing all the time and has now reached the happy point where no matter how good they are on their own, together they are even better. Their two pas de deux in Act I were rapturous, and Act III was a sensation: Guillem, unbeliev- Manon Covent Garden ably ravaged, and Cope, des¬ perately trying to drag her one last step to freedom and life. Sarah WiJdor. stepping in for the injured Darcey Bussell, was making her debut as the eponymous heroine on Thurs¬ day night. Tiny and fragile, she was nonetheless not to be trifled with. Her Manon seemed to grow up instantly the second she felt that ermine and those diamonds against her porcelain skin. She en¬ joyed seducing Monsieur

• M.: she even enjoyed a cynical disregard for the con¬ sequences of her actions, .at least until it be¬ came clear that 10n she was in over , her head. Her jaraen dancing was -- lovely, fluid and spontaneous, and by Act III you really felt as if she had used up all her physical reserves. Wildor's partner was Zoltan Solymosi. not the most emo¬ tive of dancers, but he did try hard to make his Des Grieux an ardent conspirator. Else¬ where the men had mixed success. Derek Rencher was the perfect Monsieur G. M.: he exuded the aphrodisiac of power and money. William Trevitfs Lescaui was a calculated schemer, unprincipled enough to sell his sister and a man who never dropped his guard, even during his drunken shenani¬ gans at Madame's debauched party. Irek Mukhamedov, as Lescaut in the Guillem cast, played this scene with too much comic bluster, which did little to hide the fact that his i dancing was badly out of j shape. j Debra Craine i THEATRES LYRICStafta Am BQ/ccQin 494 | 50ficc 0171 344 4444 (no bhg tee] LEO McKERN ‘a comic de tores' D.Tsl NICHOLA McAUUFFE "tan to ptay Maggie" Today GRAHAM TURNS! ■■gtorioudy laity" D.MN HOBSON’S CHOICE by Hadd Directed by Frart Hauoar "a Ht” DJel Eves 730 MB Sal 100 UMIED SEASON TO 9 DEC NATIONAL THEATRE BO 0171828 2252 GlJ»0l7l 620 07412® GC t*g fee 0171420 0000 OUVBI Tcn\ Men (PREVEWS) 7.1$ MOTHER COURAGE »tCR CHBJJREN Barton Bred In a raw swsorbyDmndHare LYTTELTON Today 2.15 ft 7 30, Mon 730 THE WAY OF THE WORLD VWtemCcrgrew COTTESLOE Today 230 & 730, Mnn 730 SKYliGHT Ctwd Hare OH 4444/41 BEST M mm 1 NEW LONDON Duy Lana WC2 BO 0171406 0072 CC 0171404 407924* 0171 3444444/4200000 Ops 0171 41333H/93D6123 REANKWUXnDWEBBBV T&EUQTMIBMNI10NN. AVMRDWAMGMJ9CN. CATS Eves 7.45 MasTue & Set 100 LATECOMERS NOT ADMITTED WHLE AUIXrOHLN B N MOTION. PLEASE BE PROMPT. Bare, open at 6.45 LMTED NO. OF BEATS AVAIL DAILY FROM BOX OFFICE. OLD VIC 0171 928 7B16/4S0 0000 LAST THREE WEEKS THE IMPORTANCE OF BEING EARNEST by OSCAR WIDE “A wonderful night our Diet Elegant ft eflenwacent" STmes "Barton Lai(£-Hnri Is the ata- tum hi a crack company" LaS. "An owning of shear happiness” Be Sid Otaetad by TERRY HANDS Eves 730 Mas Wed & SalOO PICCADILLY 01713691734 cc 2«re3« 4444. Gips 413 3321 Jerry ft Mcfieel Hetman Stewart's MACK & MABEL Today 3J00 ft 7.46 Gaia Opening 7 Mwamber 730 tad out PALACE THEATRE 0171434 09C9 cc 24hr* tee) 0171344 4444 Grps 0771413 3317 THE WORLD'S MOST POPULAR MUSICAL LESMISERABLES NOW IN ITS 11TH RECORD-BREAKING YEAR Evas 730 Mats Dull Sat 230 Latecaiwt not admitted until themteva! LMTED NO. OF SEATS AVAL QA1Y FROM BOX QFCE PLAYHOUSE 0171 B39 4401 y0171 420 0000/0171344 4444 AN ALL STAR CAST M RAY COONEY'S NEW COMEDY WT FUNNY MONEY "LAUGHS GALORE_A WINNER "D Exp “Better than naydwM-prtaal—"D. Td “fi dassmes to Run For Your Wife, oops, nn ft iWD. Mai MonSte ana Mats Thu 33a Sa 530 THEATRE RESTAURANT 0171 9388445 PRINCE OF WALES 0171839 5972/420 0233/344 4444/41B 0052 QtpaD1714200200/413 3321 TOMMY STEELE WHAT A SHOW Tommy's Show pwcfcs Rwh, WtoteJp’ Ew Standard Evgs MonSat Bpm, Mats Wed 3pm Sat 5pm For a Limited I PRINCE EDWARD 0171 734 B951 1 cc(2«ir no trtg tee) Fiw Cat 4200100 / 0171 3« 4444 Groups 930 6123 BEST MUSICAL Laurence OBtrier Awards 83 •YOU'D BE CRAZY TO MISS IT 1 DIAS CRAZY FOR YOU "IS A GREAT, GLORIOUS, GLAMOROUS GOLDMINE OF A SHOWSXitw Eves 7.45. Mate Du ft Sa 100 GOOD SEATS AVAILABLE | THISWSK

  PRINCE EDWARD 0171 447 5400 Hret Cal 423 0130 (24hr Bkg tee) 344 4444 Groups 420 0200 Csneran Macknosh pmsenb MARTIN GUERRE ANewMiscaiby BQUBLJL&SCHQNBB1G FROM 22 MAY 1996 QUEENS BQ/CC(ttt*fl fee) 0171494 5040/0171 312 8006 ULY SAVAGE in PRISONER | CELL-BLOCK H ROYAL SHAKESPEARE COMPANY LONDON BARBCAN A PATRIOT FORME Today 230 & 7.15 THE PIT. SON OF MAN Today 230 ft 715 STRATFORD {07789 296623) RSI: RICHARD IS Today 130 &730 SWAN FAUST I Today 330 FAUST fl Toni 730 SADLER'S WRL5 0171713 EOOO ADZXDO PAN AffiCAN DANCE EhSEMLE THAND'ABANTWANA “antiriafflng spectacle'The Stage UntaSat4Hov730otn SHAFTESBURY 0171379 53» 0171344 4444 ptiv/no bkg fee) Groups 0171 4133321 TOMMY SEE fT„HEAR IT—FEEL IT ST MARTWS 01718361443 tno bkg tee) 0171497 9977 (t*g tee] Groups 0171 3121994 (no bkg lee) Eves 8. Tues 2.45.5st5 ft 8 430 Year ot Agatha CtwMte's THE MOUSETRAP STRAND THEATRE Bn OK ft cc (iu toe) 0171930 8803 cc (Wg fee) 0171344 4444/420 0000 Groups 0171413 3321/0171 930 6123 •BUDDY* The Buddy Holy Stery "BRILLIANT Sun •BUDDY* "WONDERFUL STUFF” Sun Td •BUDDY* TuasTtua flO Fn 530 ft 130 Sate 100 ft &30 Sura 4JD0 ALL SEATS 1 /2 PRICE FRl 5 30 PSlf 7Bi ICAYEMLY TEAR VAUDEVILLE 0171836 9987 cc 420 0000/344 4444 (no bkg fee) ThaRSCprodudaonte THE SHAKESPEARE VICTORIA PALACE BO ft cc (no fee) 0171 8341317 cc (teg tea] 0171 344 4444/312 1908/497 0977 Soups 0171 3121997 (no lea) /0171330 6i23 (t*g tee) BRIAN CONLEY "Gfrea the perfor ma nce of the decerte"Maaou Sunday in •J0LS0N* "A mounting blf Sun. Tel •J0LS0N* "Worth waiting a roBon mftaa to sae’YLMai •J0LS0N* Evgs UonSal 730. Mate Wed ft Sal 300 The Royal Ballet in Kenneth MacMillan’s Manon: a compelling tale of sex and sin in 18th-century Paris, told through rare choreography, set to memorable Massenet melodies—and enhanced here by superb solo performers Pity it’s a bore TALAWA. the Black Theatre Company, is staging John Ford’s Jacobean tragedy, like his incestuous heroine Anna- bella, Yvonne Brewster’s pro¬ duction looks good on the surface. The studio in the round has been converted into a turquoise tabernacle. Biblical commandments for¬ bidding love between brother and sister are inscribed in gold, spiralling inwards on the floor. The cast are finely costumed for period Parma, where blood red and hot apricot are all the rage. They sport medieval sashed tab¬ ards and trailing gowns, pret¬ tily slashed sleeves and very baggy pointy boots. But the acting does not have Ate passion to match the picturesqueness. Almost ev¬ eryone in Parma is guilty of underacting or overacting. There is some excruciating sub-panto comedy from Annabella's d underheaded suitor and his unde, suppos¬ edly embarrassed fay his nephew but here hardly less of a twerp. On the tragic side Stephen Persaud's Giovanni who literally adores his sister TisPity She’s a Whore Lyric Studio, W6 to death, seems at best vague¬ ly bothered by his burning love. Persaud is getting to grips with the philosophical arguments he uses to counter his priestly tutor’s protests, defining beauty as goodness and thus his worship of Annabella as no sin. But he is labouring over his points with a puzzling lack of ilan for a scholar of dazzling promise. More problematically, his lack of convincing ardour for Annabella mars the tragic poignancy of his final mad¬ ness and denies Ford's play its radically disturbing picture of incestuous love as over¬ whelming and thus innocent for all its ethical unaccept¬ ability. Ginny Holder’s Annabella is far better, with delicate boned girlishness. Don War¬ rington as Vasques, her un¬ wanted bridegroom's servant also grips the attention, seducing Annabella's dark secret out of her confidante with wickedly soft kisses. Overall the verse speaking and the plot are commend- ably dear. But the wedding dance, a kind of courtly disco, is a nonsense and the fight chore¬ ography carries no weight Parma’s police force have clearly ran a highly successful “hand in your blades" cam¬ paign. The rapieriess nobles are reduced to kick-boxing. Giovanni, confessing his feel¬ ings, bares tus breast for his sister to stab, presumably with her fingernail. Kate Bassett

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Al prices are iiduaw d VAT TTTP TTflUCg O j ^rnrmrvAV Fireworks, riches and sparklers James Bartholomew on Prince Jefri, the new owner of Asprey I confess I have always had a soft spot for Prince Jefri, the man who is now buying Asprey. When 1 was researching a book about his brother, the Sultan of Brunei. 1 used to be very glad of die way Prince Jefri made an appear¬ ance in front of my hotel every day. In my lonely room. 1 used to know he was on his way when 1 heard the sound nf sirens whining over the otherwise dead-as-a-doom ail town that is the capital of Brunei. 1 went to the window and saw two motorcycle outriders raring forward at far greater speed than any other traffic. Closely behind- snapping at their heels, darted the dark form of an all-black Porsche driven by the speed-loving Prince. And lumbering behind came a limousine, containing his security men. no doubt This twice-daily screech was an entertainment, partly because Brunei is one of the dullest places on earth, and partly because Prince Jefri is a wonderfully dashing, ana- chcronistic figure. He should be in an Evelyn Waugh novel. It is too lovely to believe rhar he really exists in the 1990s. He is awesomely rich. He is decidedly good-looking. Even his best friends would not confuse him with a rocket scientist. But _ he does like to have I nC fun. He likes — not pxdJ< necessarily in this order — gold, fast proit cars, young women. neip' high-heeled boots. ^{designer clothes. tOCJ polo and parties. qq These days they do H not make many " chaps like this who can also, if it takes their fancy, buy up a luxury store in Bond Street. His wealth is entirely due to the fact that his family hap¬ pens to be the ruling dynasty of a tiny country on whose coastline an enormous quanti¬ ty of oil and gas has been discovered. His brother is a Sultan. Jefri himself is the Finance Minister. Ruling Bru¬ nei is a family business. There was an attempt to introduce democracy a few decades ago but British soldiers put an end to that. So Jefri remains the brother of one of the very last absolute monarchs. Stories of his appetite for enjoying his wealth are so many that it is hard to know which to choose. His fun is not over sophisticated but then that is not the nature of fun. His most recent extravagance was hiring Rod Stewart losing at a party for one of his children. But my favourite story about Prince Jefri is more topical considering that November the Fifth is tomor¬ row. It concerns his delight in discovering fireworks. He was so thrilled by them that he decided that a unce-a- year series of explosions on Guy Fawkes night was not enough. Nor did he think die fireworks available in ordi¬ nary shops were sufficiently substantial. So he contacted Brocks, a manufacturer of fireworks, and asked for large, commercial-size fireworks. One night these were pre¬ pared in drain-size launchers in the garden of his Hamp¬ stead Garden Suburb home in north London. The display was. of course, utterly spectac¬ ular. So spectacular, in fact, that a wealthy and important The party explosions prompted a neighbour to call the police B ut whether or not the Prince can lead the company back to recov¬ ery and renewed success is a very open question- He appar¬ ently has the idea that the Asprey brand name could be exploited around the world. This is surely true. But exploiting brand names is not a new game. There are now hundreds of companies trying to do the same sort of thing after the famous early successes of Dunhill, Gucci and others. To succeed rakes considerable business skills. Much, then, will depend on the new managing director. Ian Dahl, who has previous experience of working for Marks & Spencer. There is the possibility, then, that the Prince will not make a great profit on his shareholding, but that he would have done better to take his £200 million plus along to the local building society and put it safely on deposit. Sdll. that would have been far less entertaining for the public. And for him, no fun at all. THE TIMES SATURDAY NOVEMBER 41995 After years of separatist strife, Anne McElvoy finds that the guns are falling silent Arab gentleman living close by thought that some terrorist group was attacking him and that his very life was in clanger. In panic, he called the police. Nothing could be more nat¬ ural than that someone like Prince Jefri' should want to buy Asprey. It will be rather like buying the local grocer who has been supplying his family for decades. The bau¬ bles sent from Bond Street to Brunei are legion. Jefri’s sis¬ ter-in-law, Queen Mariam (a former airline hostess), used to dish out Asprey waxches to people who came to play badminton at her palace. Asprey is just right for the Prince. It is lowbrow but glamorous. Who can forget that triumph of the jeweller's art as perpetrated by Asprey. the silver-gilt sculpture of a toasted, triple-decker egg sandwich? More recently die front hall has been decorated by the juke box to end all juke boxes — retro-style and gold- plated at the tempting price of £285.000- It might sound aw¬ ful but I assure you that the exuberance of its vulgarity is a delight. As to whether Prince Jefri can make a success of Asprey in the business sense, that is another matter. Asprey has _ been in difficulties of late. Losses have arty followed the tre- innc mendous profits it}

• made in the 1980s. ted a Back in 1986. the )QUf management gave , warning that the Bie then high level of ££ profitability could not go on. But it did so right up to 1990. Then Asprey, with die exces¬ sive pride that can come from success, expanded under the guidance of Naim Artallah. It spent £U0 million buying Watches of Switzerland and other shops and businesses. This did not work out The new acquisitions made losses. Asprey itself continued to make profits but not as much as before. The big buyers did not lavish quite so much on gilded bears and diamond- encrusted, miniature dino¬ saurs. The share price slumped. And so. arguably, the Prince is not picking up a bargain. T he future of politically incor¬ rect humour is under threat Not from the barmaids who took their employer to court for allowing Bernard Manning to in¬ dulge his famously insensitive hum¬ our in their presence, nor from the ever tighter definitions of what constitutes verbal sexual harassment The real problem is the steady disappearance of its prime targets. Political correctness is on the wane in Britain. If you were wondering what has become of the black, one-legged lesbian of stand-up comedian lore, she was probably not to be found at last week's meeting in Camden to discuss the future of the threatened Lesbian Centre and Blade Lesbian Group. Only 20 people turned up. The institution may well follow its sibling organisations — Lesbian Sur¬ vivors of Sexual Abuse. Support for Lesbians with Long Illnesses and Disabilities and the Italian Lesbian Group — into extinction. The members as usual blame “lack of resources" for the decline of their pow-wow, although had the good grace to admit; “We got the reput¬ ation of being bathetic. It was known as the sort of place where you went if you had problems." This might lead us to suppose that black, abused, disabled and Italian lesbians no longer have any prob¬ lems, which is surely not the case. They have their share of griefs and joys like human beings of any sexual The sex war retreat orientation. It is just that they no longer seek solace in such numbers in miserable council premises. Perhaps they have discovered that friends are less likely to be poorly resourced than municipal groups because true suc¬ cour and support are not commod¬ ities which can be bought and allocated centrally, and that a cheer¬ ful night out is more likely to lift the spirits than a stint at a woebegone support group. The fate of Camden’s lesbians mirrors a wider shift from the margins to the mainstream among groups who. until recently, prided themselves on wanting to be alone with their own narrowly defined sort. The tide of separatism, based around gender exclusivity Dr sexual orienta¬ tion. seems to be turning fast. Virago, which traditionally included on its frontispieces the literary health- warning "Virago is a feminist pub¬ lishing house", has admitted its first male author. Afflicted by a stump in sales and a reputation for recycling elderly novels" uy women authors who were not even good first rime round, it has been sold off to the mainstream Little. Brown. How things have changed since my own university days in the mid-1980s, where the aspiring woman’s CV consisted of being womftTS officer in the student union and chairing a committee on sexual harassment in the hope of one day securing a job at Virago. Curious about the fate of Men against Sexism and the Femi¬ nist Theory Reading Group, which had been revered organisations ar my Oxford college, I called up the president of the Junior Common Room. He sounded puzzled. “I’ve never heard of them." he said, “We don’t have a big divide between women's and men’s interests in the college." It impressed me that he spoke as if this harmonious existence were the natural order of things. The days when the Men Against Sexism group met to beat their breasts about how guilty they felt for desiring women had passed out of student folk-memory. I cannot help thinking that the decline in separatist enterprises, informed by a mixture of self-pity and aggression, is a positive feature of the gentler social climate of the Major years. The ideological polari¬ ties of Margaret Thatcher’S reign pervaded every area of our thinking and set up antagonisms and divisions where none need have existed. Irre¬ spective of political persuasion, we were all Thatcher’S children in that we defined ourselves by being pro this or anti that and were accepted or rejected from soda! groups and alliances on that basis..Group-nghts went unquestioned, individual opin¬ ions or pick-and-mix politics & la Tony Blair unthinkable. This was a pallid, middle-class version of the Leninist concept of struggle. The statement of Virago’s founders read: “It is only when women start to organise in large numbers that we become a political force and move forwards towards the possibility of a truly democratic society." They appeared to have swallowed State and Revolution whole. All they did was substitute women for the oppressed proletariat. The irony is that despite Margaret Thatcher’s role as chief monster in the eyes of group rights campaigners, they thrived best under her. The very idea of a “support group", previously reserved for empathising with the plight of the downtrodden in faraway places, was popularised at home during the miners’ strike and then applied to just about any group who felt that they needed the warmth of ■the herd. You cannot, with the most paranoid will in the world, feel that you need much group support faced with the terrors of John Major. Watching the solemn, proud faces gathered at Louis Farrakhan’s Mil¬ lion Man March Washington last month brought home to me how different things are in America, where race rather than gender cur¬ rent^ holds the trump card in the separatist game. Farrakhan demon¬ strated that however flawed and wild his rhetoric, he could command that sense of irrational belonging which makes people define their entire political ami social consciousness through a single characteristic — in this case, skin colour grade politics, casting men as the saviours of families and communi¬ ties". Her real beef was that the burgeoning black movement was usurping the redeeming role femi¬ nism reserved for women. Both crusades diminish the people they claim to elevate by limiting their contribution to human happiness and their understanding of the world through the narrowest of channels. The signs are, alas, that American blacks are currently more receptive to the message of Farrakhan, who thinks that colour maketh man. than to Colin Powell, who believes that identity and interests are a more individual matter. The sex war may have been called off owing to lack of interest. But its rallying cries will be heard again, on other lips. The Bard bites back The Prince of Wales has published his favourite extracts of Shakespeare. We give the Bard right of reply, through lines taken exclusively from his plays Scene one: A tavern in Southwark. Enter Shakespeare with copy of "The Prince’s Choice”. He is black-browed. BARD: Was ever book containing such vile matter So fairly bound? O that deceit should dwell In such a gorgeous palace! I pray you sir. what saucy merchant was this, that was so full of his ropery? Scurvy knave! TAVERN-KEEPER: A gentleman that loves to hear himself talk, and will speak more in a minute than he will stand to in a month. 1 would have him poisoned with a pot of ale. He hath not the gift to woo in other places: for these fellows of infinite tongue, that can rhyme themselves into ladies’ favours, they do always reason themselves out again. I’ll write him a very taunting letter, and thou shaft bear it... I’ll write it straight; the matter’s in my head and in my heart. I will be bitter with him and passing shore. Scene two: St James's Palace. Enter Charles, disconsolate, and a courtier. BARD; What up and down, carved like an apple-tart? COURTIER: Play music! Prince, thou art sad. get thee a wife, get thee a wife. Simon Jenkins Here’s snip and nip and cut and stish and slash. Like to a censor in a barber's shop! You have no children, butcher If you had. The thought of them would have stirr'd up remorse. But if you ever chance to have a child. Look in his youth to have him so cutoff. CHARLES: A college of wit-crackers cannot flout me out of my humour. Dost thou think 1 care for a satire or an epigram? Man is a giddy thing and this is my conclusion. For every trifle they are set upon me, Sometimes like apes that move and chatter at me. And after bite me... ... sometimes am 1 All wound with adders, who with cloven tongues Do hiss me into madness. yellow stockings and wish'd to see them ever cross-garter’d... She thus advises thee that sighs for thee." Jove, ray stars be praised. The actors are at hand: and by their show. We shall know all. that we am like to know. Scene five: Night time under a tree. Charles has arranged an assigna¬ tion. Enter Bard, disguised as ac¬ tress. BARD (in high voice): A whole bookful of these quondam carpet-mongers, whose names yet run smoothly in the even road of blank verse, why they were never so turned over as my poor self in love. No. I was not barn under a rhyming planet, nor I cannot woo in festive terms. CHARLES (much moved): Why thy verse swells with stuff so fine and smooth That thou art even natural in thine art... Look you. I love you well. I'll give you gold. Rid me these villains from your company; Hang them, stab them, drown diem in a draught, Confound them by some course, and come to me. I'll give you gold enough. Will you sit down with me and we two will rail Against our mistress the world and all our misery? BARD (angrily tearing off disguise): I will chide no breather in the world but myself, against whom I know most faults. Your worst fault is to be in love. TAVERN-KEEPER: They have been at a great feast of languages and stol’n the scraps. O. they have lived long on the alms- basket of words. I marvel thy master hath not eaten thee for a word. H is the Prince of Wales that threatens thee, who never prc»miseth but he means to pay. BARD: That same sword-and-buckler Prince of Wales! But I think his father loves him not And would be glad be mei with some mischance. (Enter messenger with Bard's letter) CHARLES (readmgj: “I am cut to the brains. Why this would make a man of salt To use his eyes for garden water-pots. Bruise me with scorn, confound me with a flout. Cut me to pieces with thy keen conceit; And 1 will wish thee never more to dance. Tis a knavish piece of work. But what of that? Your majesty and we that have free souls — it touches us not. Let the gall’d jade winch, our " withers are unwrung!" (Charles throws letter on floor, annoyed) They take it already upon their salvation that, though 1 be but Prince of Wales, yet I am the king of courtesy, and fell me flatly. I am no proud Jack but a Corinthian, a lad of mettle, a good boy. God forbid As he liked it Prince Charles gives his Macbeth at Gordonstoun in 1965 a shallow scratch should drive the Prince of Wales from such a field as this. (To courtier) Fortune in favour makes him lag behind. Summon a parley, we will talk with him. Scene 3: Southwark tavern. Enter Bard and Globe actress, reading the noval summons. ACTRESS: I know I can do it. I will drop in his way some obscure epistles of love, wherein by the colour of his beard, the shape of his leg, the expressure of his eye. forehead and complexion, he shall find himself most feelingly personated. BARD: Excellent. 1 smell a device. CHARLES (appalled): Tis a fault I would not change for your best virtue. I am weary of you. BARD: 1 pray you, mar no more of my verses with reading them so ill- favoured ly. CHARLES: I pray you. mar no more trees with writing love songs in their barks. BARD: i warrant he hath a thousand of these letters, writ with blank spaces for different names. And these are of the second edition! He will print them, out of doubt; for he cares not what he puts into the press. Let’s be revenged on him: let’s appoint him a meeting, give him a show of comfort in his suiL Scene four St James's. Prince read¬ ing letter in female hand: CHARLES: Soft, here follows prose :"Be not afraid of greatness... Cast thy humble slough and appear fresh. Be opposite with a kinsman, surly with servants; let thy tongue rang arguments of state; put thyself into the trick of singularity. Remember who commended thy BAJID: Charles, I will play no more tonight My Mind’s not ont You are too hard for me. Each extract, of at least a couplet’s length, is from a Shakespeare play: a copy of The Prince's Choice and a magnum of champagne for the first correct identification of them. Hot Bath THE WORLD watched enrap¬ tured. but the BBC's dramatisation of Pride and Prejudice has not met with universal approval. Bath City Council is considering suing the corporation over its book The Making of Pride and Prejudice. The trouble is over a map on page 23 showing the locations used in the film. A large arrow points to Bath with the annotation “No filining allowed", and the council is livid. Not only did the BBC shoot Jane Austen’s Persuasion in Bath last October — and Poldark has been filmed there more recently — but the city goes out of its way to encourage film-makers to use it as a location. "We are taking this very seriously. The book makes us look like complete idiots and I’ve been talking to the city solicitor." says Richard Angel, of the council's film unit “We are very pro-active in the film office. This year it has brought over £1,2 million into the local economy. A map like this-doesn't help." The BBC washes its hands of the affair. “It’s a Ftenguin publication, so it's up to them to respond," says a representative. Penguin is sur¬ prised: “The arrow is meant to designate one building, not the whole of Bath," says a spokeswom¬ an. “It sounds to me as if they are overreacting." dispatch box and sharing a joke with Brian Mawhinney, the Tory party chairman. “He seemed to find the seat of Government very accommodating," says an observer. Saucy which opened the London Film Festival, behaved like the fifth form at a school pantomime. Wien Wilf Stephenson, the direc¬ tor of the British Film Institute, mentioned the Heritage Secretary Virginia Bottomley in his speech before the screening, the entire cinema broke into howls , hisses and boos. Bench mark Causing a classic row • The audience at Thursday's gala premiere of the film Strange Days, PETER MANDEISON has been trying out the government benches for size. He made his frontbench debut in the House of Commons on Thursday night as Shadow Civil Service Minister. But before speaking, the slippery fish was spotted sitting on the gov¬ ernment benches, trying out the A HOT little rumour was circulat¬ ing in Westminster yesterday: that the former party chairman Jeremy Hanley had acquired a pair of box¬ er shorts decorated with vivid im¬ ages of bottles of Tabasco sauce. Hanley was unavailable to an¬ swer the charge, which arose from a meeting in London on Thursday of an elite epicurean society, the Ta¬ basco Gub. which he has joined. “He didn’t get to the meeting, but there are definitely two Members of Parliament with such under¬ pants," said a fellow epicurean. Does Hanley wear them? And. if not, who are the two M Ps? A pound of chilli peppers to the reader who finds out. mendousiy excited whenever a church door opens. "It is a wonder¬ ful moment when you take in the whole of the interior of a church." His favourite is Walpole St Peter, near Sandringham. “There is this particularly special quality of light, which floods into it and the combi¬ nation of the stone, the wood, which has that slightly limed look, and the whitewashed walls are un¬ believably comforting and special." who shocked the London literary establishment by moving to Edin¬ burgh. has received a second writ from the Sheil Land Agency he left. alleging that he “orchestrated" a press campaign against the agen¬ cy's chief executive, Sonia Land. “I'm utterly bemused. At a loss to know what she wants from me." he says. m Giles Gordon, the literary agent Royal role l CH otie Him of praise THE PRINCE of Wales confesses to a secret passion for country churches in a TV programme to be screened tomorrow. He gets tre- ",Apparently its all about Camilla ..." THE NEW Earl Percy, 11-year-old George Dominic Percy, whose father has just inherited his late brother Harry's title of Duke of Northumberland, will soon be re¬ ceiving a royal command. By tradi¬ tion, members of the family are train-bearers to members of the Royal Family on state occasions. His grandfather, the 10th Duke, was Lord Steward of the House¬ hold and Goldstick-in-Waiting at the Coronation of King George Vi. His great-grandmother was Mis¬ tress of the Robes and train-bearer to Queen Elizabeth the Queen Mother for 25 years. Although the train-bearing role is usually granted to the eldest son, there is no record of Harry ever having done so. even though he was the Queen's godson. But scores of his forebears have attended the George trained for office Crown. Young George is unlikely to be asked to perform in the State Opening of Parliament later this month. But by the rime of the Gar¬ ter ceremony next June, he can ex¬ pect a royal summons. BH nr Mi»u PHS 21 THE TIMES SATURDAY NOVEMBER 4 1995 KREMLIN SICKNESS When leaders ail and parties are banned President Yeltsin is more seriously ill than ■ 31 w? ” ave P erm itted the world to know. This became clear yesterday when he appeared on television in an attempt to Quash rumours about his health — in¬ evitable, given Russia’s long history of mendacious reports about sick leaders* recoveries. President Yeltsin’s face was puffy, his words slurred, his body virtually motionless. More tellingly, Viktor Cherno¬ myrdin, the Prime Minister, announced that he had taken over responsibility for co¬ ordinating the four key ministries in Russia: defence, security, foreign and internal affairs. To every Russian, the loss of the “power” ministries, however temporary, is a sure sign that Mr Yeltsin has surrendered his authority. It also indicates that Mr Chernomyrdin has. for the moment, won the power struggle that is now raging. The best evidence for this" struggle has been the brazen attempt by those who have the most to lose to hamper the par¬ liamentary elections in December. The decision by the Central Election Com¬ mission to outlaw the nationalist grouping Derzhava was not unexpected: its leader is Aleksandr Rutskoi. the former vice-presi¬ dent who incited insurrection in 1993. When this was followed by a ban on the liberal Yabloko bloc, the suspicion immediately hardened that the Commission, acting under duress, was attempting to remove the twin threats — from the nationalists and the reformers — to the Prime Minister's own party which is most closely identified with support for Mr Yeltsin. The pressure could have come only from the shadowy figures in the Kremlin wings. Like those who manipulated Brezhnev in his final, incapacitated years, they are deter¬ mined to consolidate their power by main¬ taining the status quo. This means, if nec¬ essary, cancelling the Duma elections or so restricting the choice that the election reverts to the classic Soviet foregone conclusion. The next step would be to cancel next summer’s presidential election. Mr Yeltsin may by then be only a figurehead. But General Korzhakov, the sinister janissary who controls access to him, and those who have enriched themselves, materially and politi¬ cally, could carry on ruling without check. Yet however much in Russian politics has reverted to Soviet type, public opinion cannot now be flouted quite so transpar¬ ently. Ordinary Russians may be cynical about politicians and distrustful of many Duma candidates seeking election to gain parliamentary immunity from criminal prosecutions: but they still believe the political freedoms gained after the fall of Communism worth defending. So, ev¬ idently, do the Communists. The party, now looking stronger than ever, was as vocif¬ erous in denouncing the ban on Yabloko as other groupings in the Duma. Presumably it reckoned that any victory gained at the expense of the only credible liberal grouping would undermine its own authority. The Commission hastily announced it would look again at its decisions. So far it has reversed course over Derzhava, but has refused to back down on Yabloko. That decision may be taken today. Mr Yeltsin, who must know that he would now probably lose to Yabloko's leader, Grigory Yavlinsky, has therefore steeled himself to confer on Mr Chernomyrdin the apparent trappings of succession. Some aides, hoping themselves to assume power by a palace coup, wall be furious. But Mr Chernomyrdin has proved himself a cautious, steady, reliable concili¬ ator. He projects continuity and legitimacy in a new time of troubles. Russian democ¬ racy, as the week’s events show, is still extremely fragile: at least the Prime Minister is now better armed to prevent its collapse. BEFORE THE EMPIRE Anglo-Saxon ideals that predate our imperial age The Queen’s trip to New Zealand this week was marred by angry demonstrations from Maori protesters, urging tile Crown to give back the land allegedly stolen from the aboriginal peoples in 1840. She dealt with this hostility with customary grace and poise. As when she was phoned by a hoax caller from Canada last week, the Queen’s demeanour in adverse circumstances was an advertisement far the monarchy and its incumbent, rather than the setback it might have been. The grievance of the Maoris is one which the Prince of Wales encountered last year when he visited New Zealand. In 1840, their tribal ancestors signed the Treaty of Waitangi with Lieutenant-Governor Hob¬ son, handing over New Zealand in. return for assured possession of their lands, fisheries and forests. The Maoris argue that many lands were wrongly confiscated and still have to be returned- Yesterday the Queen signed a strongly phrased apology as part of a £70 millio n package compensating the Tainui federation of tribes for lands taken from them 132 years ago. The settlement ex¬ pressed “profound regret and apologies unreservedly for the loss of lives because of hostilities arising from this invasion and at the devastation of property and social life which resulted”. Few statements of this kind have ever been made by five Crown. It is not always possible to right the wrongs of the past or settle the arguments of history through retrospective action. Britain does not expect apologies from Spain for the Armada. It has proved difficult even to persuade Japan to make acceptable amends for the wartime atrocities it committed against British prisoners-of- war. To correct the mistakes of a century or more ago is harder still. In New Zealand, the Crown has made commendable efforts to do so.Nor should the original wrongs be exaggerated. The Waitangi agreement was remarkable for its recognition of the Maoris* legal personality. Australia, in contrast was treated a terra nullius and the Aborigines as irrelevant inhabitants rather than prospec¬ tive claimants. The 1840deal governing New Zealand’s future was scarcely enlightened by today's standards. By the standards of its own time, it was a generous agreement and the cultural foundation of subsequent attempts to im¬ prove the lot of the Maoris. A Waitangi tribunal was instituted two decades ago to address the problems of the indigenous peoples and the special status of Maori people has long been a key question in New Zealand politics. This is not to excuse the injustices of the past But tiie instinct of Britons today to beat their collective chest in restrospective shame should be kept in check. As Robert Rhodes James argued in The Times yesterday, Britain’s colonial record is far less awful than is often assumed. Many appalling errors were committed in the name of imperial Britannia; but so too were many acts of sincere paternalistic decency. Our nation’s past must not be the cause of unalloyed guilt More importantly, we should not assume that our imperial past and our national roots are identical. The Anglo-Saxon virtues which the Queen celebrated in a speech on Thursday — “patience, tolerance, persever¬ ance and a will to succeed” — have far older origins than the Empire which has been the cause of so much national introspection. Our most venerable characteristics are the product of island existence, a common law tradition and an individualistic attachment to property rights, tolerance and personal liberty. These ideals, far more than 19th- century colonialism, account for our nat¬ ional identity. It was these principles that enabled the Queen to behave with such apt sensitivity in New Zealand this week. SAO MIDDLESBROUGH Will Juninho shine, or will he go the way of Celtic Swing? Although his game is more caviare than gravy, Juninho looks just like the Bislo Kid. And that may be why noble Middlesbrough, a classic meat-and-two-veg place, adores him already. The callow youth from Sao Paulo has not yet laid Brazilian boot to English ball-the Home Office killjoys have kepthimon the bench so far—but he makes his debut today against an apprehensive Leeds United. Not since Celtic Swing’s debut in April have so many sports-mad mourns watered so profusely. The kick-off at the Riverside Stadium, for millions, could not. happen fast enough. But wait we hear you snort: hang on a minute ...Celtic Swing? Celtic Swing?! Wasnt that tite “horse from heaven” who feu flat on his nostrils? Actually, we do not need to be reminded, for humble pie — made not, alas, of Celtic Swing himself—was eaten in great chunks in Wapping. by everyone from the Editor to Fhe Times's red-faced racing corres ponde nt More the Greeriham Stakes at Newbury, tis column trumpeted that “Celtic Swing against Bellerophon — and even Pegasus”. ■Ttoe who ride him,” we wrote, to our subsequent embarrassment,“say he is flaw¬ less. Those who watch — and bet — agree.” The hotly-hyped horse did wm at Newbury. thank the turf gods, but didn’t really win much more — not even our over-excited fantasy 2,000 Guineas, in which he “raced” on the Timeform computer against such equine greats as Tudor Mistrel and Nijin¬ sky. Celtic Swing - -. well, we goofed. Not since the case of Charles Parnell has The Times had so much egg on its face, although our mistake in 1887 cost us more than an arm and a hoof in damages. But then, over a century ago, we accused Mr Parnell the leader of the Irish par¬ liamentary group in the Commons, of com¬ plicity in the Phoenix'Park murders. Serious stuff, when you think about in Celtic Swing, on the other hand, was just a case of backing the wrong horse. We accused him, you might say, of being better than he really was. ' So what has all of this to do with Osvaldo Giroldo Junior — Juninho? Quite a lot really, because we are sticking our news¬ print necks out once again. We predict that he will be the most rewarding foreign signing ever made by an English dub. Juninho wfll mix magic and mansuetude, creamy pitch skills and off-pitch good manners, to confect a success in which all Middlesbrough will bask. And when he does that we will say — with some relief — that we have exorcised the ghost of Celtic Swing. LETTERS TO THE EDITOR 1 Pennington Street. London El 9XN Telephone 0171-782 5000 Lost opportunity on Keats House Humanity versus security in prisons From Mr Michael Chichester Sir, In recommending that humanity should take precedence over security in prison policy. Judge Stephen Tu- num. the Chief inspector of Prisons [report. October 28; and see Judge T\i- mim’s article, November 2J, and the hosts of the liberal establishment who agree with him, have forgotten or per¬ haps chosen to ignore a vital demo¬ cratic principle: the first duty of gov¬ ernment is to defend the reaim. After 50 years of peace in Europe we citizens, our homes and our posses¬ sions are at greater risk than ever be¬ fore — not from invasion or aerial bombardment but from terrorism, drugs, illegal immigration, violent crime and dangerous criminals allow¬ ed to escape or mistakenly set free from prison. The defences of the realm against these diverse and increasing threats have been weakened and in some cas¬ es almost destroyed by legal and bur¬ eaucratic constraints on the police, in¬ adequate sentencing policy, and poor prison security and lack of discipline — all compounded by the Treasury's iron grip on the law and order budget If put into practice Judge Tumim'S recommendation would deny the law- abiding citizen the protection against violent criminals to which he is enti¬ tled and which it is the duty of govern¬ ment to provide. Prisons, their security and their staffing collectively represent an im¬ portant area of national defence. Nei¬ ther government agency nor private security firms are appropriate meth¬ ods of providing this. Both governors and staff must be capable of enforcing firm and fair discipline on those in their charge and must bear responsi¬ bility for escapes and riots. A civilised society protects its citi¬ zens and punishes its wrongdoers. Yours faithfully, MICHAEL CHICHESTER, The Mead House. Taynton. Burford. Oxfordshire. November 1. From His Honour Michael Argyle. QC Sir. Like very many law-abiding citi¬ zens of this country. 1 welcome with relief the imminent end of the long and disastrous term of office of the present Chief Inspector of Prisons. The last eight years have seen our prisons (awash with dangerous drugs) shamefully handed over to the control of prisoners, who number some 50.000 out of a total population of 58 million. Two spin-offs have been that vir¬ tually nothing has been done for the victims of crime, and that the plight of the tiny, ill-led and under-resourced male and female members of the Pris¬ on Service has been ignored. I am driven to write by the remark of the Chief Inspector of Prisons (whom 1 do not know personally) that the Learmont report on jaO security will lead to “the road to the concentra¬ tion camp". This is a gross and gratui¬ tous insult to the rank-and-file mem¬ bers of the Prison Service and to the present Home Secretary, and yet an¬ other example of how the latter's ef¬ forts to reform and improve the pres¬ ent system are continually frustrated. In the deep snow of the Italian win¬ ter of 1944-45. my dismounted squad¬ ron of regular cavalry fought along¬ side and cheek-by-jowl with the new¬ ly-formed Jewish Infantry Brigade. Opposed to us (sometimes hand-to- hand) were the German SS. very pro¬ fessional soldiers, well armed and well dug in and incensed at being con¬ fronted by a few Hussars, a handful of Canadian gunners and a brigade of candidates for their concentration camps. I saw at first hand the legend¬ ary courage of the Jews in battle. After that war, my late wife and I visited the site of Bdsen. I believe that I can write with authority on this subject I fervently hope that the next chief inspector of prisons is given a new and different brief and directive, en¬ abling him or her to adopt a fresh ap¬ proach. Basically, the post requires only one quality — leadership. Ask any member — male or female — of the 25,000 serving prison officers. Yours sincerely, MICHAEL ARGYLE. TTie Red House. Hskerton, Nr Southwell, Nottinghamshire. From Mr Victor Dyer Sfr.l wish to express how happy [was to hear Judge Stephen Tumim'S views on the Learmont inquiry. As a prison¬ er who has been in many establish¬ ments over the years, I have recently seen a vast deterioration in the in¬ mate-prison officer relationship be¬ cause of the new regime introduced by Michael Howard. There now seems to be more con¬ frontation as officers are put on the front line to deal with inmates who have done nothing wrong against prison discipline and are being pun¬ ished by the removal of privileges, such as association with other in¬ mates, education facilities and more humane exercise. The budget is now concentiating on security and not on rehabilitation. I can understand Judge Tumim'S reference to “the concentration camp", as this seems to be the road along which Michael Howard is steering the Prison Service — not forward but in reverse. Yours sincerely,
• DYER, HM Prism High Point, Stradishall, Newmarket, Suffolk. October 29. From Mr Gerald Isaaman Sir, Your leader on the bicentmary of the birth of John Keats (“Romantic hero", November I) rightly chastises Camden Co until for its awful neglect of Keats House in Hampstead and procrastination over the transfer of this national shrine to the care of the Corporation of London. The irony is that a meeting was due to take place on Keats's birthday, which is celebrated on October 31. be¬ tween the Charity Commissioners. Camden and the City of London Cor¬ poration to finalise the registration of Keats House as a charity and its transfer. An announcement on that day would have made a welcome birthday celebration. Alas, the com¬ mission postponed the meeting. Some two years have passed since it was first suggested to the Corporation that, given its record of care for Hampstead Heath, ii should under¬ take responsibility for Keais House, so irresponsibly unloved by Camden. Much lobbying has gone on since then, while the house has been left to deteriorate. It has just suffered the insult of the curator's being refused a V & A pur¬ chase grant to buy the important Bux- ton-Forman archive, formed by two leading scholars on the poet, because of the “insecure" future of the mu¬ seum. This is why it needs to be in safe hands so that it can be restored, grant¬ ed full museum status, promoted as a From the Secretary of the Constitutional Monarchy Association Sir. Even those of us who may regret the simplification of the wording of the Court Circular (Diary. October 26; letters, October 26, November 1) should not lose sight of the fact that the important thing is w hat is written, and not how it is written. It Is also essential that the Court Circular should record the official en¬ gagements of all the Royal Family, in¬ ti uding the “junior” members such as Prince and Princess Michael of Kent, whose hard work is too little known by the general public. People who believe the Queen and her family lead lives of indolence should be encouraged to read the un¬ remitting demands of duty revealed in the circular, and reminded that this is just the tip of the iceberg. Not included are the hours the Queen spends on state papers — “doing the boxes” — the preparation of speeches, studying of reports from charities and other causes, and planning for events at home and abroad. However the Circular Is worded, long may it continue to keep us in¬ formed about the vital role our mon¬ archy plays in the life of the nation. Yours faithfully. DONALD FOREMAN. Secretary, The Constitutional Monarchy Association, PO Bax 430, Chingford, E4. November 2. UN as peacekeepers From the Director of the UN Association of Great Britain and Northern Ireland Sir, In the course of Mr Grahame Keating’s attack on the UN (letter. October 31) he refers to the $1-5 billion per year spent on one operation (pre¬ sumably Unprofor) as “hugely expen¬ sive”. But what would be the cost to us if the conflict in Bosnia spread to other parts of Europe? 1 share Mr Keating's concern about the use of humanitarian aid to feed the waiting factions, but this tends to happen with any relief operation, whether or not the LfN is involved. What we need to consider is whether we are prepared to allow innocent civ¬ ilians to starve in order to deny food to soldiers. The collapse of safe areas was a very dark hour for those national poli¬ ticians and commentators who de¬ manded their establishment but then refused to listen to the warnings from UN staff that they would collapse without sufficient troops on the Bye, bye blackbird From Mrs Joan Atkins Sir. We have been hearing a great deal about the strange behaviour of buds in this unusual year (letter. Oct¬ ober^, but where are they? Certainly not here. For the past month and more I have beat enjoying a magnificent display of red berries on the Pyracan- tha outside my kitchen window, due no doubt in part to the exceptional summer but also to the complete ab¬ sence of blackbirds. Usually almost before the last ber¬ ries have ripened they arrive and de¬ molish the lot bui not this year. I don’t know whether to be glad or sorry, but 1 would like to know the reason. Yours faithfully. JOAN 0. E. ATKINS, 21 Courtyards, Little Shelford. Cambridge. Weekend Money letters, page 38 Letters should cany a daytime telephone number. They may be faxed to 0I71-7&H046. tourist attraction and perhaps prof¬ itably used as an educational resource for schools and. possibly, as a centre for romantic poetry. This welcome outcome, the very least of what ought to be demanded in tribute to a genius who did not seek “mawkish popularity", could be as¬ sured at a stroke if only the Charity Commissioners and others realised that this national scandal has to be re¬ solved urgently. Yours sincerely, GERALD ISAAMAN. Garrick Club. Garrick Street, WC2. November 1. From Mr Bernard Beatty Sir, You inform us that Byron called Keats's work “piss-a-bed poetry". He did so but there is no evidence for. nor the remotest plausibility in. the nasty gibe that this was done “from jeal¬ ousy". Byron detested cant and schmaltz, and he respected fact Your third lead¬ er seems to be composed of equal dos¬ es of cam and schmaltz, plus an un¬ founded innuendo. Yours faithfully, BERNARD BEATTY (Academic Editor, The Byron Journal). The University of liverpool, Department of English Languages. Liverpool 169 3BX. November 1. From Sir Desmond Heap . Sir. So the wording of the Court Circu¬ lar is to be made more “user-friendly" and to be “pruned and made more ap¬ pealing”. I never read such nonsense in all my life. Let us be clear about where all these sloppy, sentimental suggestions are taking us. Basically they seek one thing and one thing only — to get us all like each other which, thank Hea¬ ven, we are not They seek to spread familiarity. And what did familiarity do (as my mother taught me to ask)? The answer is simple. Familiarity bred contempt; it still does. I have the honour to be. Sir, your obedient servant DESMOND HEAP. The Athenaeum, Pall Mall, SW1. November 1. From Mr Denis Christian Sir. On the assumption that the Court Circular is published as much for the information of one's subjects as for any glorification why. I wonder, is it that an occasion in which a lord lieu¬ tenant is involved has his tide before his name, but a deputy lieutenant his name before his title? These things are important in my classless society. Yours faithfully. DENIS CHRISTIAN. 37 Swanscombe Road. Chiswick, W4. November 1. ground. The LIN originally asked for 35.000 troops to deter attacks on civi¬ lians in the safe areas but ultimately received only 7,000. Since the UN needs to focus its peacekeeping effort on other more horrific but less “newsworthy" con¬ flicts outside Europe, there is a case for Nato to assume responsibility for the military aspects of the Bosnian peace plan. However, Nato has very little experience of the political aspects of peacekeeping, such as monitoring human rights, observing elections and funding economic reconstruction. If the peace implementation plan currently does not properly address these issues it is unlikely that the Bos¬ nian conflict will be permanently re¬ solved. Most responsible commenta¬ tors agree that there is no military sol¬ ution to this tragic war. Yours sincerely. MALCOLM HARPER, Director, United Nations Association of Great Britain and Northern Ireland. 3 Whitehall Court, SW1. November 1. Over the rainbow From Mr Andrew Ailes Sir. I have a pink toad in London (Mr Watson's letter, October 28) but 1 am much more familiar with its mother, who lives in the garden of my north Devon home. She is a lovely creature with the pastel pinks of a Victorian painted doll. Most years I exchange tadpoles between London and Devon in the be¬ lief that I am improving the stock, and on two occasions have brought pink toad spawn to London, though I have never seen a young pink toad leave the paid, nor a male pink toad. I have a theory that pink toads may be a sub-species, since mine spawns at least two weeks after tire other toads. I briefly interested the BBC Natural History Unit in the idea that if Thompson could have a gazelle, and Clarke a nutcracker, why not a toad for Ailes? Unhappily such fame has eluded-me. Yours etc, ANDREW AILES. 63 UUswater Crescent. Kingston Vale, SW15. November 1. Remembrance of civil sacrifice, too From Field Marshal Sir John Stonier Sir. Many of us will recall with pride the scenes of commemoration and cel¬ ebration of VE Day and VJ Day. These great occasions seemed to draw a line under our recollections of the two world wars, encouraging us to forget old enmities and look forward to a new century of reconciliation. But Remembrance Sunday urges us never to forget the sacrifices of the past Naturally, none of us who are older will ever forget the loss of friends and relatives in the two great wars; but to the younger generations the sacrifices of grandparents and great-grandpar¬ ents become increasingly difficult to share and understand. What is not difficult for most of us to remember is the great number of ser¬ vicemen who have laid down their lives in lesser campaigns since 1945. But it has not only been those in the Armed Forces who have sacrificed their lives. Every day we hear of brave men and women who have given their own lives in the protection or saving of others. These are notably in the police, the fire services, the lifeboat service, mountain rescue teams and mine res¬ cue workers, to name but a few: Might it not be timely, from 1996, to widen the focus of Remembrance Sun¬ day to include all those selfless people who have in one role or another made the supreme sacrifice for others? Whether they were sailors, soldiers or airmen fighting for our country, or men and women in other uniforms or none defending the lives of others, surely it is right that their sacrifices should be remembered, and that their names, also, should live for evermore. Yours faithfully, JOHN STANIER (Constable). HM Tower of London, EC3. November 2. Future of Synod From the Reverend Donald C. Flat! Sir, In 1986 the late Dean of St Albans, Peter Moore, edited a book called The Synod of Westminster. Do We Need It? At least one of the contributors to this thoughtful publication declared that the time had come to call a halt to continual revision and that most churchmen were sick and tired of the mania for change. If more attention had been paid to this important book at the time of its publication the Church of England would not be in the sad position it is today. It may now be too late; but the Church of England would benefit greatly, in my opinion, if the Synod could be closed down for a number of years and the representatives return¬ ed to their respective parishes; they could then be directed to proclaim the Gospel and endeavour to heal those in need. Yours faithfully, DONALD C. FLATT. The Stables Cottage, Lamb Court, Dulverton, Somerset. November J. Death of the Duke From Miss Jackie St Clair Sir, I write firstly to express my sin¬ cere condolences to the family of the late Duke of Northumberland, who passed away earlier this week after many years of ill health (obituary. November 2). Those who knew him are deeply saddened by the loss of such a truly kind and intelligent man. I also feel compelled to set the re¬ cord straight, as speculation else¬ where in the media regarding the na¬ ture of my friendship with the Duke has escalated out of all proportion. In the short time I knew him we became friends and he is already missed enor¬ mously; however, there was never any romance whatsoever between us, nor did he at any time propose marriage tome. Perhaps his family may now be left to grieve with dignity and peace. Yours faithfully,
• St CLAIR, c/o Henri Brandman & Co, 43 Queen Anne Street. Wl. November 3. French nudear tests From Mr Ronald C. Geddes Sir, The Prime Minister supports the French nuclear tests on the ground that scientific advice made h impossi¬ ble not to go ahead (report, October 31). We cant let such an argument be used in every derision we make. There is surely also plenty of scientific evidence that nuclear tests damage the environment. Yours faithfully, RONALD GEDDES, 2 Castle Street, Cupar, Fife. Silence is golden From Ms Janet Mattocks Sir, .. don’t complain and don’t ex¬ plain" If oily the ubiquitous Stephen Fry (reports, November 2) had taken the advice instead of merely quoting iL Yours faithfully, JANET MATTACKS. 22 Hampden Close. North Weald, Epping, Essex. November 2. Stout defence of the Court Circular c S( a Be Ju Hi A to to be ws cm wt pn na an dk cm l an Of rai to ter in sqr en: p n dis Yv Jut Lo
• po Ro So 1 Co juc cot ten { wb Lo¬ tto I tto Be. wii shi am be C« Ar Be' Jw Pa Uu Th eni del OK an act thi ( Su sec as tha ext n res apt Hi tto Sir Bei alb ds 22 THE TIMES SATURDAY NOVEMBER 41995 COURT CIRCULAR government house WELLINGTON November .3: The Rt Hon Helen Clark MPWLeader of the Oppo¬ sition) was received by The Queen this i Her Majesty attended a meeting of the New Zealand Executive Council at Government House. The Queen teceived Mrs Marie Shroff [Secretary and Registrar erf the Order of Ndw Zealand and The Queen's Service Order! who pre¬ sented Reports of the Orders. Her Excellency Dame Catherine Tizard (Governor-General) was present. Te Arikimu Dame Te Alair- angflcaahu was received by Her Majesty when The Queen signified the Royal Assent lo the Waikaio Raupato Claims Settlement Act submitted by the Ri Hon James Bolger MP [Prime Minister) and the Hon Douglas Graham MP (Minister of Treaty Negotiations). The Queen held an Order of New Zealand Investiture and laier, with 7116 Duke of Edinburgh, attended a Luncheon with mem¬ bers of the Order. Her Majesty and His Royal Highness, accompanied by Her Excellency Dame Catherine Tuard, this afternoon received Maori Knights and Dames. The Queen and The Duke of Edinburgh Uuer attended an After¬ noon Party in the Garden of Government House. His Royal Highness. President. World Wide Fund for Nature — WWF International, this morning attended a Board of Trustees Meeting at the Education and Environment Centre, Botanic Gar¬ dens. Wdlington- The Duke of Edinburgh. Presi¬ dent. World Wide Fund for Nature — WWF International, this eve¬ ning attended a Dinner for the Board of Trustees at the Welling¬ ton Club. BUCKINGHAM PALACE November 3: The Prince Edward. Chairman of the International Council of The Duke of Edin¬ burgh 3 Award International Association, this afternoon left RAF Ncntholl for Germany. His Royal Highness this eve¬ ning attended a Reception for the Council of the Internationales Jugendprogramm followed by the Presentation of Awards ceremony at Schloss Zeil. Leutkirch. Prince Edward was received by Seine Eriaucht Erich Erbgraf von Waldburg-Zeil. Lieutenant Colonel Sean O’Dwyer was in attendance. BUCKINGHAM PA1ACE November 3: The Princess RoyaL President, Royal Agricultural Soci¬ ety of England, today attended the British High Performance Horse Sale at the National Agricultural Centre, Stoneleigh Park. War¬ wickshire. Mrs Timothy Holdemess- Rodd3m was in attendance. Her Royal Highness. President. British Olympic Association, this evening attended a Gala Dinner for the British Olympic Appeal at City Hail, Cardiff. South Glamorgan. The Hon Mrs Legge-Bourfce was in attendance. ST JAMES’S PALACE November £ Tto Prince of Wales. Duke of Cornwall, this morning received the Secretary of the Duchy of Cornwall (Mr John James). His Royal Highness. Colonel-in- Chief, Army Air Corps, received Major General Simon Lytle upon relinquishing his appointment as Director, and Brigadier ftter McQueen upon assuming the appointment. The Prince of Wales this after¬ noon held a meeting to discuss architectural matters. His Rpyai Highness. Patron, the Guards Parachute Association, this evening attended the Twenti¬ eth Reunion Dinner at PirbrighL Surrey. KENSINGTON PALACE November 3: The Princess Mar¬ garet. Countess of Snowdon, Presi¬ dent the National Society for the Prevention of Cruelty to Children, today visited Tyne and Wear and was received by Her Majesty's Lord Lieutenant of Tyne and Wear (Grfonel Sir Ralph Carr-EUisonl- Her Royal Highness this after¬ noon opened Kaleidoscope, the NS PCC/Bamardos Child Protec¬ tion Partnership, in Newcastle Road, Sunderland. The Princess Margaret Count¬ ess of Snowdon was present this evening at a Gala Dinner in aid of tto Society, held at the Mayfair Ballroom. Newcastle upon Tyne. The Lady CHenconner and Ma¬ jor The Lord Napier and Ettrick were in attendance. YORK HOUSE ST JAMES’S PALACE November 3: The Duchess of Kent this morning visited Thompson Street Fire Station and Greater Manchester Fire Brigade Training Centre, Thompson Street Man¬ chester and was met on arrival by Her Majesty's Lard-lieutenant of Greater Manchester (Colonel John Bradford Timmins). Her Royal Highness today opened the Wallness Children's Charity Magnetic Resonance Scanner, the Royal Manchester Children’s Hospital. Pendlebury. Salford and this afternoon at¬ tended a Service of Dedication of the new Stations of the Cross, St Mary's Church, Mulberry Street. Manchester. The Duchess of Kent. Patron, this evening attended the “dories or the Keyboard" Festival, foe Royal Northern College of Music Oxford Road. Manchester. Greater Manchester. Mrs Julian Tomkins was in attendance. Cordwainers’ Company Sir Hardy Amies presented med¬ als. scholarships and bursaries at the Cordwainers' College annual awards ceremony held yesterday at the Law Society HalL Mr Christopher King. Master of the Cordwainers' Cot party was the host. Spectacle Makers 9 Company The Lord Mayor has presented Mr Justin Scully af the Cardiff In¬ stitute of Higher Education with the Spectacle Makers' Company British Spectacle Frame Design Srudent Award. Christening The infant son of Mr and Mrs Luke Hallman was christened John Lincoln at St Cedric's Church. Rendoylan. South dam- organ. The godparents are Mr Ian Williams. Mr Richard Jones and Miss Helen Webber. Royal engagements Tomorrow: The Duke of Glouces¬ ter. as Patron of the British Youth Band Championships, will attend the championships at Wembley Arena at 7.00. Trinity College of Music Presentation Day Sir Ron Dearing. CB, Hon FTCL was guest of honour at foe Presentation Day ceremony held yesterday at the Wigmore Hall at which Honorary Fellowship of Trinity College London was con¬ ferred upon Miss Ann Cherry. Miss Elizabeth Turnbull. Dr Benvair Rainbow. Professor Graeme Davies and Mr William Lyne. MBE. The Lord Mayor of Westminster and Mr Paul Strang. Chairman of foe Corporation of Trinity College of Music were amongst those present Music by Judith Weir, Tippett, Daryl Runswick (a premiere). Bobby Lamb and Monteverdi was per¬ formed for foe occasion. Service dinners Naval Chib Admiral Sir William Pillar pre¬ sided at a dinner of the Nava) Qub and the RNVR Officers' Associ¬ ation told last night at the Royal Naval College Greenwich. Gen¬ eral Sic Peter de la BCUidre was the prinripaJ guest. The Queen* Own Yorkshire Yeomanry Colonel E.C. York presided at a Regimental Officers* dinner ofTto Queen’s Own Yorkshire Yen- manry held last night at foe Grange Hotel York. The Royal Anglian Regiment The Lord Lieutenant of Cambridgeshire, the Lord lieuten¬ ant of Essex and foe Master of the Pbulters’ Company were the prin¬ cipal guests at a dinner of Hie Royal Anglian Regiment told last night at foe Army and Navy Gub. Piccadilly. Major-General P-P.D. Stone, Colonel of Regiment, pre- sided- Roy*l Corps of Signals Major-General AC. Birtwistle, Master of Signals, was present at foe annual dinner in Scotland or foe Royal Corps of Signals held last night at the Western Club. Glasgow. Fifth Indian Division Major-General D.L Burden. Director-General Army Maiming and Recruitment, and Brigadier Rakesh Dhir. Military Adviser to the Indian High Commission, were foe guests of honour at a luncheon or the Fifth Indian Di¬ vision told yesterday in Padding¬ ton. Lieutenant-Colonel AP. Harrington presided. Dinners Company of Merchant Adventurers of foe CSty of York Mr John Raykir. Governor of the Company of Merchant Ad¬ venturers of the City of York, E 'ded at foe annual venison held yesterday at Merchant Adventurers' HalL York. The Ju¬ nior Warden. Sir Derek Hornby, Chairman of the British Overseas Trade Board, and Judge Gerald COles. QG also spoke. Sultan's Armed Forces Association The annual dinner of the Sultan's Armed Forces Association was held on Friday. October 27. ar the Royal Air Force Club, Piccadilly. Among foe guests were the Charge d’Affaires at the Oman Embassy and the Defence Attach*. Loyal Greetings were sent to the Sultan on the occasion of (he 25th Anniversary of his Accession. Colonel Nigel Knocker was in foe chair. Weekend birthdays Dr Paul Knapman, Coroner for Westminster, is 51 tomorrow; Nicholas Maw, the composer, will be 60 TODAY: Mr C.J. Bacon, head¬ master. Dean Close School Cheltenham. 5& Dr Jean Balfour. former chairman. Countryside Commission for Scotland, 68; Mr Walter Cronkite, American broad¬ caster. 79; Ueutenant-General Sir Hugh Cunningham. 74: the Earl of Denbigh and Desmond, 25; Lady Dugdaie. a Lady-in-Waiting to The Queen, 72; Mr Russell Evans, company chairman, 73: Professor AJ. Forty, farmer Principal, Stir¬ ling University, 67; Mr RjA. Henderson, former chairman, Kleinwort Benson Group. 78; VIs- coant Hereford, 63: Mr Elgar Howarth. musician. 60: Professor Jeffrey Joweil. professor of public law. 57; Air Commodore Philippa Marshall, former director, WRAP, 75: Mr Michael Meacher. MP. 56; Professor Joseph Rodrfat physi¬ cist, 87; Air Commandant Dame Anne Stephens, former director. WRAP. S3. TOMORROW: Mr R.W. AnnancL VC, 81; Sir John Bailey, former HM Procurator General and Treasury Sotidior. 67: Mr John Berger, author and art critic 6% Mr E.R.H. Bowring, insurance broker. 80; tto Right Rev F.W. Cocks, former Bishop of Shrews¬ bury. 82; Mr Art Garfunkef. singer and composer, 54; General Sir John Hackett. Sk Mrs Caro¬ line Jackson, MEP. 49; Professor Sir David Mason, former presi¬ dent, General Dental Council. 67; Mr John Morris. QC. MP. 64; Mr Lester Piggott, jockey and race¬ horse trainer. 60: Rear-Admiral Andrew Richmond, former exec¬ utive director. RSPCA 64; Mr 'Anthony RoUe Johnson, tenor. 55; Mr Sam Shephard, actor, 5£ Lord. StalLard. 74; Sir William Stubbs, educationist. 58; Mr EldredTabachnik, QC President. Board of Deputies of British Jews, 52; Mr Ned Temko, Editor. Jewish Chronicle. 43; Sir Anthony Tennant, chairman. Christies International, 65; the Earl of Yarborough. 32. Anniversaries Today BIRTHS: King William m, reigned with Queen Mary 111689- 94 and after her death until 1702. The Hague. 1650; Augustus Toplady, clergyman and hymn writer, Famham. Surrey. 1740. DEATHS: John Benberw, admiral, died of his wounds, Parr Royal. Jamaica, 1702; Felix Mendelssohn, composer. Leipzig. 1847; Paul Delaroche, painter. Paris. 1859; George Peabody, American phil¬ anthropist. London. 1869; Wilfred Owen, poet, killed in action. France. 1918; Gabriel Faura. com¬ poser. Paris. 1924. The Gunpowder Plot was discov¬ ered. 1605. Nelson’s Column was completed in Trafalgar Square. 1843. Tomorrow BIRTHS: Hans Sadis, poet and dramatist, Nuremberg. 1494; James Beattie, poet. Laurencekirk. Kincardine. 1735: Vivien Leigh, actress. Darjeeling, India, 1913. DEATHS: Maflrice Utrillo, painter. Le Vesinet. 1955; Mack Sennett. creator of the Keystone Cops films. Hollywood. I960; Jacques Tali, actor and film direc¬ tor. 1982; Eamorrn Andrews, broadcaster. London. 1987; Vladi¬ mir Horowitz, pianist, Manhattan. New York. 1989. Howard Carter discovered Tut- ankhamun’s tomb in the Valley of foe Kings near Luxor. Egypt, 1922. Church news Appointments The Rev Canon Martin Baddeky. Joint Principal of foe South East Institute for Theological Edu¬ cation, diocese Southwark, is to to Archdeacon, of Rdgate. same di¬ ocese. succeeding foe Ven Peter COombs who retired at foe end of August The Rev Oliver Bayiey. Rector, Baihampton w Clavenon (Bath and Wells): to be Chaplain Daunrsey's School. West Laving- ron (Salisbury). The Rev Hairy Boreham. Vicar. Fehxstowe Saints Peter and Paul (St Edmundsbuiy and Ipswich); to be Priest-irt-charge. Ramsgate St Mark (Canterbury). The Rev Valerie Brechin, Curate, Ipswich. All Hallows (St Edmundsbuiy and Ipswich): to be Priest-in-diai^e, Bottisham and Lode wlongmfiadow (Ely). The Rev Elizabeth Cummings: to be Chaplain of Strckm Prison, Rutland (Peterborough). Tto Rev Canon Colin Day. Adviser for Mission and Evangelism in tto diocese of Salisbury: to be Priest- in-charge. Branksome Park All Saints, and Diocesan Trainer in Evangelism, same diocese. Conference Atlantic Council Lord Younger of Prestwick, Presi¬ dent of tto Atlantic Council of tto United Kingdom, opened tto third national conference told yesterday at tto Assembly Rooms. Bath. The American Ambassador, Dr David Clark. MP. Mr Menzies Campbell. QC MP. Lord Chalfont. Mr John Goakten. Mr Janez Jansa. Sir Richard Luce, Sir Patrick Duffy and Mr Alan Lee W illiams also spoke. New Zealand Golf Gub A dinner to celebrate the centenary of New Zealand Golf Club was told at foe Qty of London Qub on Thursday. November 2 Tto Right Hon tto Lord Griffiths. MC, proposed foe health of foe Club. Horns Hill Preparatory School The Governors of Horns Hill Preparatory School. Newbury are pleased to announce the appoint¬ ment of Mr Nigel Chapman as Headmaster. Mr Chapman, at present Headmaster of Lockers Park School, Herod Hempstead, takes up bis new position in September 1996. following the retirement of Mr Malcolm times after 18 years as Headmaster at Homs Hill. Forthcoming marriages MrPJ.F.dc Salts and Miss S.M. Porter Tto enaaeemem is ammunced between'M et. son of Major and Mrs Richard de Salts, of Owfesbury. Hampshire, and Sue. daughter of Mr and Mrs J-D. Porter, erf Eastbourne. Sussex. Mr C.H. Forward and Miss R. Botha The engagement is announced between Charles, son of Mr and Mrs Tony Forward, of Awbridge, Hampshire, and R&iett daughter of Mr and Mrs Hansmeyer. of Pongtrfa. South Africa. MrM.M. Uky and MissCLE. Ryan The engagement is announced between Mark, eldest son of lieutenant Colonel and Mrs M- Lfley. of Langporu Somerset, and Clare Elizabeth, only daughter of Mr and Mrs N.B. Ryan, of West Coker. Yeovfl, Somerset. Mr AJ. Moffitt and Miss C.D. Keen The engagement is announced between Andrew, eldest son of Mr and Mrs T.M. Moffat, of Melbourne, Australia, and Carole. Haug hty of foe late Mr David Keen and of Mis Louise Keen, of London. Mr AJ4. Pearse and Miss C.F. Lucas The engagement is announced between Alexander, son of Dr and Mrs Lawrence Pearse, of Cheltenham, and Claire, daughter of Mr and Mrs Roger Lucas, of Crawcrook, NorthumberiamL MrTA. Sanders and Mrs M.M. Osmond Tto engagement is announced between Mr Timothy Afeyne Sanders. OBE, of Pimlico, London. SW1. elder son of Lieutenant Colonel MA Sanders, of King's Nympton, Devon and tto fate Mrs B.Y. Sanders, and Marti Maria Osmond, ale Rpjsz. ofWinchester. Hampshire. Mr P-B. Turner and Mia BJ. CoHyer Tto engagement is announced between David, younger son of Sir Michael turner, of Hinton St Mary. Dorset, andladyTurner. of Maidford, Northamptonshire, and Bridget, rally daughter of Dr and Mrs Andrew Coflyer. of Organ- ford, Dorset Marriages The Hon Ralph HdyHatdtinson and Miss C-D. Rylance Tto marriage look place yesterday in foe Chapel of St Mary Under¬ croft, Palace of Westminster, of the - Hon Ralph Hely Hutritinson, youngest son of foe Earl and Countess of Donoughmore. trf Bmpton. Oxfordshire, to Miss Carotene Rylance, only daughter of Mr John Rylance and of Mrs Colette Davis, of Shifrfake. Oxford¬ shire. Canon Donald Gray offici¬ ated. The bride, who was green, m marriage by her brother, Mr Mark Rylance, was attended by George Reynolds. Thomas Beeiey, the Hon Tatiana Hely Hutchin¬ son, Flora Hely Hutchinson and Seamus Hely Hutchinson. Tto Hot Thomas Brigstodce was best man. A reception was held at the Berkeley Hofei and foe honey¬ moon wifi be spent in foe Far East Mr M.G. Donga! and Mis BJ.C Pritchard The marriage took place on September 30. of Mr Malcolm pougai. HMCG San Francisco, to Mrs Brigid Pritchard, ifoe Turner, of Monk Sherborne. Hampshire. Mr KothaHdaraman and Miss SJELTappty Tto marriage took place quietly in Edinburgh, on October 26, of Mr Kofoandaraman. younger sen erf Mr and Mrs Ssunbandam, of Madras, and Susan Elizabeth, only daughter of Lieutenant Com¬ mander and Mrs RJM. Tappfy, of Ardfenaig. Isle of MulL Carpenters’ Company Mr M.R. Francis. Master of the Carpenters’ Company, has pre¬ sented the company's awards for 1995 to foe following projects: The Premier award tar a major project to Gtyndetioume Opera House — Auditorium. The Highly Commended award tar a major project to News House. London SWI. The Premier award tar a smaller grojea to a summer fishing but In The Highly Commended award fora smaller project to the reception and issue desk at Somerville College. 3rd. award tar .... JrictoQueen Hunting lodge. Epping Forest. The TKADA Structural TlmBer award to the welsh wildlife Centre, cardigan. Founders' Company The following have been installed officers of foe Founders' Company for the ensuing year Master. Mr Robert J.w.L Stevens upper warden. Mr Robert o. itfooc under warden. Mr i G. Fossick. Twenty-first Sunday after Trinity ABERDEEN CATHEDRAL: S HC; 10.15 SE. Church services tomorrow BELFAST CATHEDRAL- 10 HC 11 S E.UCh, Lord for thy tender mercies sake nil I ton/ Ferrabosco). Darke In F, The truth trora above (Vaughan williams): 3 JO Remembrance service. Preces fNeary). Coll Reg (Wood). A Gaelic Blessing (Rutted. BIRMINGHAM CATHEDRAL: 9 MP: 9 IS HC; 11 Choral Euch. sumslon In F. within the vale (M Huxley). Ave verum (Elgar). Rev Canon D Collyen 4 Choral E. Responses [Shephard). Holman In F minor. Gut or the deep (Mortey). i.is choral :ucb. Wood . J Taylor; * ... Adam make (Ferguson). Canon K Parti tt BRISTOL CATHEDRAL: 7.40 M; 8 HC; 10 Choral Euch. Christe Elelson (Victoria). Mtaa Brevis (Carter), Panls Angeltcus (Franck). Canon P Johnson: 330 Choral E. Oroil Omnium (Woodl. Responses (Ayleward). Brewer In D. Prayer to Jesus (Cldrqydl. Canon J Simpson. CANTERBURY CATHEDRAL' 8 HC; 9J0 S Euch: 930 M; IJ s Euch. Vaughan Williams In G minor. Holy is the true ‘ Archdeacon; 3-15 E, R Stanford In A. Let their .. (Handel); 6.30 Compline, the Rev Dr M Chandler. CARLISLE CATHEDRAL' 1030 S Euch. O quara gloriosum (Victoria), canon D Weston; 3
• Responses (ByrdL Purcell In G minor, o how

  glorious (Harwood). CHELMSFORD CATHEDRAL 730 MP; 8 HC; 930 Eucn, Canon J Brown; ll.i$ s Euch. Mlssa Brevis (setbet). Call to remembrance (Farrant). Canon B Thompson: 6 Choral E. Responses (Ebdon). Fourth Service IBancn). Out of the deep (Morleyl. Canon D Knight. CHICHESTER CATHEDRAL 8 HC 10 M. Boyce In C, Turn thy lace tram my slits [Atiwood). Responses (SumsIonJ, Rev Canon D Landreth; 11 s Euch. Aetema Christ! Munera (Palestrina), Tan rum ergo (Duruflej. The Chancellor. 330 E. Responses (Srallhl. Noble In B minor. And I saw a new heaven (Balntonj. CUFTON CATHEDRAL 8.6 M:930 Family M; 11 SM, Mlssa Brwis (Palestrina). O saioCarls Hostia (Nicholson). COVENTRY CATHEDRAL: 7.40 MP; 8 C; 1030 Euch. Stanford inCAE lord tar thy tender Harwood In a fiat. Jubilate in B Oat (Walton). Wash me throughly (Wesley), The precentor. 3.45 E. Preces (Howells), Harwood In A flat. For to I raise up (Stanford). EXETER CATHEDRAL: 8 HC 9.45 S Euch, Ireland In C Ave verum corpus (Elgar), ven A TremJetc Deum (Vs irialStanli In £ flat (Blow). - (Howells), Te

  Jt. Bead quorum 3 E, Responses (Shephard), wise jeheld and lo a great multitude E, we have heard with our ears e Priest Vicar. LEICESTER CATHEDRAL 8 HC; 10 M; 1030 Euch. O quam gJoriosum est regnum — 'Tams), t (victoria). Holy Is the true MghtjHai the ... inses ffiostt. St Matthew's sendee (Wright), o how glorious (Harwood). DURHAM CATHEDRAL- 8.11.15 HC Darke In
• Le banquet celeste (Messiaen), the Dean; to
• Responses (Rcsei. Begce In C O praise the

  :en), Canon D Hodgson: 330 E. Lord (Barren). .. .. sun ford In C. Bead quorum via Integra est (Stanford). ELY CATHEDRAL 8.15 HC 1030 S Euch, LICHFIELD CATHEDRAL8 HC lOJOS Euch. Sumslon In F. Ave verum (ByrdL Bead quorum via {Stanford!, the Precentor 330 E. Responses (Rose). Coll Reg (Howells). Evening Hymn (Balfour Gardiner). LINCOLN CATHEDRAL' 7.45 L 8- 1230 HC: 930 Family. God be in my head (Walford Davies). The Precentor. 11.15 S Requiem. Requiem 0p9 (Durufie). The Subdean; 4 E. Coll Reg (Howells), Responses (Reading). LIVERPOOL CATHEDRAL: 8 MP & HC 1030 Euch, Mlssa Brevis (Palestrina!. Canon M Boyllng: 3 E. Murrlll In E. Canon M Wolfe: 4 UANOAFT CATHEDRAL 730 M: 8, 12.15 » Euch; Rev n J court; 9 Parish Euch. rhe Dean: 11 S Euch, Mlssa Brevis in B tlai (Moran). Mr A Hywell Morearu 330 Choral E. O where shall wisdom be found (Boyce); 630 E, Mrs E Harris. NEWCASTLE CATHEDRAL- 7.30 M; 8 HC Canon l Bennett 9.30 S Euch, the Provost. Mtssa Brevis (Britten). Pants angellcus (Franck), canon I Bennett 6 Choral E, Responses (Bultock). Naylor in D. Salve Regina (Francesco cavallQ. NEWPORT CATHEDRAL 1030 Family Euch. Christ Whose fitory (Ills U>e skies (Shephard): 630 E. waJirusley In D minor. Where shaft wisdom be found (Boyce). SALISBURY CATHEDRAL 8 HC 10 Euch. Mass of si Thomas [Thome). Tantum ergo S id. V Rev H Dickinson; It JO fit, ises (Smith), Short Service (Gibbons), e rromkins). Awake us Lord and hasten machl. Rev A Phltp: 3 E. Responses (Smith). Stanford In G. Half gladdening tight (Wood). SHEFFIELD CATHEDRAL 8 HC: 9 MP: 930 C: 11 Euch. Canon J Sinclair. 630 E & sermon, the Ven 5 Lowe. SOUTHWARK CATHEDRAL 11 Choral Euch. Missa cum Jubllo (plainsone). Mlssa Brevis/The Dnl Is my Shepherd (Bericeteyl. La all mortal flesh (galrstow). Rev canon D Atkinson; 3 Choral E. Coll R«w (HowelW. The Spirit of the Lord (Elgar), Rev Canon R white. TRURO CATHEDRAL 8 HC; 9 M. the Bishop; 10 S Euch. God so loved the world (Stainer). Comonation Mass (Mozart), the Bishop: 1130 Royal Brutish Legion Remembrance; 6 E, Responses (Rose), Brewer in B flat There is an old belief (parry), the Librarian. WELLS CATHEDRALS HC 9.45 S Euch. MtSSa Brevis (Palestrina). Ven R Acwortlu lUOM. Short Service iGIbbons). O most merciful

  11 odd; 3 £. CoU Magdalenae Oxonlense titon). Blessed be me God and Father
• Rev Preb N Kent WESTMINSTER ABBEY: 8 HC 10 M, Stanford in B flat. Justorum anlmae (Stanford), Canon D Gray: 11.15 Each, Missa Oquam cforiosum (Victoria). Gauden in coetls (Derin®. O quam ctoriosum fvtcroria). Canon C sempen 3 E. Darke In F. Mlelulal heard a voice (WeelReS), v Rev Prof R Barbour 6J0 ES- Canon D hujl WESTMINSTER CATHEDRAL 7,8.9.12.53& 7 M; 1030 SM. Asperges Me (Plalnsong). Setting (lye). Euge bone. Ave vergo sanctlsslma (Gaerrero): 330 VftB, Maglficat octavt (Morales). Tantum ergo (Reger). WINCHESTER CATHEDRAL 1030. M. Responses (Ayteward). Benedlctus (Fauxbourdons). Jesu Joy of man's desiring. Rev c Stewart it30 Euch, Coronation Mass/Ave verum corpus/ Adagio A Allegro In F minor Major (Mozam 33UE, Servla ln 5 parts (WeeDcesL I beheld and lo a great multitude. Rev D scon. YORK MINSTER: 8.8-45 HC; 10 S Euch. Thee we adore (PlalnsongJ. Mlssa brevis In F Rev Canon R Metcalfe; 1130 M. 1 E. wood In : Fumett. 8 Revs HC; U O taste & see (Mozart>, Rev Canon R Metcalfe; Stanford In A. Responses (Moorac 4
• Greater Love (Ireland). V Rev R F ST ASAPH CATHEDRAL Chvyd: Choral Euch. Stanford hi B flat. O (Vaughan Williams); 330 Choral E. Watson In E, Responses (Statham). Give os the wings of falvh (Bullock) ST DAVIDS CATHEDRAL Qyfed: 8 HC; 930 Euch. the succentor. ri. IS Choral M. Stanford In B ttau Pray that Jerusalem (Stanford), The Canon: 6 Choral E. Before the ending of the day (Piainsone). wood In E flat. Justorum animae (Stanford). The Dean. ST GEORGE'S CATHEDRAL South wart 8. 10.6 LM; 1130 SM. Borate Coeti (Haydn). Ave verum (John Gyeanty). Rev Canon J PannefL ST GILES' CATHEDRAL Edta&KTgb: 8.10 MS ft HC. Mass In C minor (Vaughan williams). Rev c Kenny; 1130 MS. Mass in D (Dvorak): 8 ES. Rev s MitchelL ST PAUL’S CATHEDRAL London: S HC: 8.45 M;11S Euch, The Leroy Kyrie (Tavemer). Mlssa Euge bone am O salutaris hostia rraJUs). Rev c Hill: 3.15 E, The Gtaucesier Service (Howcusl Responses (LHgbtonj. How lovely Is thy dwelling plane (Brahms), v Rev M Sadgrove. ALL SAINTS. Margaret Street. Wt: 8. 5.15 LM; 1030 MP. II hSi, Mass in c (Schubert). Justorum anlmae (Byrd). Rt Rev S Phipps: 6 EftB, Stanford In a. Rev Canon F Hawldns. AU. SOULS, LartghamPlace.wi;9C; 11 wooteer. 630. Rev Preb R Bewes. THE ASSUMPTION. Warwick street Wi: 11. Mlssa o quam gloriosum (Vtaoria). Do mine fac mecum (Morieyl. O quam gloriosum iMarenztt). CHRISTIAN SCIENCE CHURCH. Cutzon St, Wi: 11 Sunday sendee; 11 Sunday SchfloL CROWN COURT CHURCH Of _

  SCOTLAND. CQWOf Garden. WC2:11.15,630. RevS HooOi 1230 HC FARM STREET. WI:730.830.10.12.15.4.15, 6.15 LM; 11 HM- THE ORATORY, Brampton Road, SW7: 7.8.9. 10.11 Mass. Mlssa PapaeMarcetll (Palestrina). O sacrum convivium (Vtaoria). 1230,4.30.7; 330 V a B. O sacrum cbnvfvidm (Salazafl. ARMENIAN APOSTOLIC CHURCH: Iwaua Cdns. ws: 11 MP. Archbishop Y ClzJrlan- WESLEYfl CHAPEL Cliy Road. EC2: 9.45 HC; 11 MS. Rev P Hu! me. WESTMINSTER CENTRAL HAU. (Methodist). SWI: 11.630. ST ANNE AND ST AGNES (Lutheran], Gresham SL EC2:11 Choral HC 2 SwahUl HC. Br J Anthony: 7 Chora) M. Requiem Mass (Rutter). Rev P schmlege- ST BARTHOLOMEW THE GREAT, Smithfleld. ECl: 9 HC It, Choral Euch. Mlssa pro deftmetis (Anerio). O Jesu Christe (van Beirfiem), The Recton 630 Choral E, Waimlsley In D minor. O Lord the maker of all thing (Mundyv the Rector. STBJUDE~S, Fleet Street EC4: II Chora) Euch ft Baptism, Jubilate (Waltan). Ireland In C, Ave ST CLEMENT DANES: 11 Chon) Euch. Communion Service In C (Ireland), rustroum anlmae {ByrtQ, Rev p Bishop. ST ETHELDREDA'S, Ely Place: 11 SM. Mass (PtalnsongL ST GEORGE'S. Hanover Square. W]; 830 HC; 11 S Euch. Mozart In C. May the soul of the righteous (Mumil). Rev C Watidns. ST JAMES'S, GartJektayfbe. EC4:10305 Euch. John Paul. Rector. ST JAMES'S. Sussex Gardens. W2. iojo 5 Euch. Mtssa Aetema ChrisU Munera (FaiesirinaJ. Andlvi vocem ITaltts): 6 E. Fauxbourdons (Byrd). Let us know land (Mundy). ST JOHN'S. Stratford El5: It Family C. Trumpet Minuet (Hollis). Rev M Holmderu 630 EP. Rev J Richardson. ST LUKE’S. Chelsea. SW3: 8. 12.15 HC 1030 5 Euch. Mlssa Simile est regnum (Victoria), ital carttas (Durufie). Rev D watwru 630 E, Responses (Mortey). Q Lord In thy wrath (Gibbons), RevG Beauchamp. ST MARIOS. Regents Park Rd. NWl: a HC: 9 45 ^ ri s i glorious is the kingdom (Ireland), Rev J Yates. ST MARGARETS. Westminster. SWI: 11 S Euch. Mlssa brevis in c (Mozart), The Lord Is My shepherd (Schubert). Rev R Holloway. ST MARTDMN-THE-nELDS. WC2: 8. 1230 HC. Rev w RatchfonL 9.45 S Euch. St Martin's ..tiyfWesteSk

  ,. . Responses (Smith). CoU reg (Howeiis). Adam lay yhounden (Orti). the Wear 2.45 Chinese. Rev P Leung: 5 Choral E. Responses (Aytewanl). Short Service (Bynfl. Lord let me know mine end (Greene); 630 ES. Fr Jcrzo of Medjugoije, Bosnia. ST MARY ABBOTS CHURCH. Renstnsum WB-. 930 EuCh. the Vicar. 11.15 ChoraiM. The wear: 630 £. Rev F Geu L ST MARTS. Bourne Street SWI; 9.10,7 LM; II HM. Mlssa Iste confessor (Palestrina). Fr B SCOtL 6 EftB. ST MARY-THE-VIRGIN, Primrose Hill: 8 HC 1030 Euch, Missa nunc ecce benedldre [Lassus). God so loved die world (Stainer). Rev Dr p Baker 6 Choral E, Dyson In D. Evening Humn (BalfourGardlnei). ST MAKYIEBONE, Maiylebone.Road, WI: g HC 11 Choral Euch. Missa solemn IS K337 [Moran), i will fill this house with RloiytSusI Laurel; 630 Mhilsny or Healing. Rev c Owen. ST PAUL'S, Wilton Place. SWI; 8. 9 HC II S Euch, Missa Brevis (Palestrina), Jehova (Purcell}, if ye love roe {Tallis). Rcv N Dawson. ST STEPHEN'S. Gloucester Road. SW7: 8. 9 LM; 11 5M. Mlssa Brevis (Ancrlo). justorum anlmae (Byrd), exultatejusti (Viadana), Canon CCoIven. CHAPEL ROYAL OF ST PETER AD VINCULA. HM Tower of London: 9.15 HC. Canon J G M w Murpuy, u M ft Sermon. Responses (Mortey), Short Service (Gibbons), O God thou are my God (Purcell), Rev g Elmore. CHAPEL ROYAL SL James's Palace: 830 HC 11.155 EuctuMass In Five Pans (Byrd), Canon D H Wheaton. CHAPEL ROYAL tUmptan Court PBMcg-SJO HC 11 Choral Era. Mlssa mskdb Chrteti Munera nwestrinaL Lei all mortal flesh keep sflenoe (Balrstaw); 3 30 E, O Lord the Maker (MundvL Responses (Tunnaid), Brewer In D. O Where shall wisdom be found (Boyce). GR09VEN0R CHAPEL South AOtfify’ SlRSL WI: II S Euch, Mlssa O quam gloriosum SrteuSum ° t?uam E lortosum IVhMna). Rev a OUEENE CHAPEL OF THE SAVOY. WC2-' 11 S Euch, CoU Reg (Darke In EU The Chaplain. THE TEMPLE CHURCH. Fleet Street 830 HC 11.15 MP. Responses (Radcltfle). Mathias in C. jubilate Deo (WilUam walion). The Master. GUARDS CHAPEL VtaUtneton Barracks. SWI: 11 Choral hc O Jesu blessed lord (RelnJglus). Messe Soionelle (Gounod). Jegu_ the very thought Is sweet (CantionesV. ROYAL NAVAL COLLEGE . Rev 1 Cook. Family c Euch, Schubert In G. How KJYAL NAVAL COLLEGE CHAPEL Greenwich. SE10: r l s Euch (BCF). Ireland in C Nat unto us o Ibid (Waimlsley). Rev c French. BMD’S: 0171 782 7272 PRIVATE: 0171 481 4000 PERSONAL COLUMN TRADE: 0171 481 1982 FAX: 0171 481 9313 Jesus said: ‘Truly I teu you. unless you turn round and become Uk* children you win never enter Die kingdom of heaven.” Matthew IB : 3 (RES) BIRTHS BEST - See Willett. BROCKET - On 27th October
• in Leuven. Btfcdum. to Jane lute Stringer) and Simon, a daughter. Phoebe Kate. ■ staler for Thomas end Alice. BURN ETT-STUART - On 27m October, la Jessica tnkm MatnoMn) and Oeontle. a son. Robert Alexander, brother lo Miranda and Matthew. D*ARCY - On October ITTO 199L to Sarah CnAe Dale) and Julian, a son. James William. HALL - On November 2nd at Wellington Hospital, to Arthur and Freda-Ann. a Una swatted baby boy. Ivan Arthur. tULEY - On October 2am. id C anUBa (n6e Weatberby? and Wmbn. a daughter. Tran. IGOLESDEM - On Oeiober Slat at The Royal Surrey County HoapftaL lo Chartae and svwta (ata Marna), a eon. James Patrick Marrtn. a brother to Michael and Thomas. LAWRENCE - On 30tB October 1995. t» Tracey
• to Erica tctaik) and Julian, a daughter. Florence Scartatt. WARNER - On October 22mL to Jana rate Dnwscuo and Richard, a serene baby girl. Kama (Hattie), wttb thanks to all at the Royal Shrewsbury HosnUaL W1LLATT - On November 2nd at The Portland HomttaL to Clare
• Beloved Irmlliaral of Margaret, and dearly loved rather of Jane. Elizabeth. Carolina, and John. PoUowtoo a arivate UnOy fUacraL a manorial sendee will be held at « Paul's Cathedral, Melbourne. Australia on Thursday November 30th. 199S at 230 pm. A memorial service will be hrid ar the Chapel of All Saints. Geelong Grammar School. Carlo Australia, at n dele to be announced. DEATHS DAWES - Joseph Thomas, much loved Prion oChowtse known as Fattier Aminas, dted poecefufly m twsHtal ow 27th October 1990 In hits BnS year. Funeral smelly private. followed by cremation. Please note that Memorial Services to celebrate and gtve thanks tor his lire will be held at Foxeerth Church, near Sudbury. Suffolk, on Saturday IBth November 1995 st li ana mid at St Barnabas. Bethnal Green at the c ro sKag of Grove and Roman Roads. E3. on Saturday 2nd December 1995 af 12 noon. DUMARE8G - R.H.J. oh Mh 1998 after a
• Richard (DUOl of Admired JA the late hhi D umar e a q. A nroCh loved brother of Anne, perooede. Martin (deceased! and L ueM. Fu neral Service Mam Chapel on Wednesday Novambo- torn at i AS pm. Family flowers only. Donations m his me m ory to The British Heart Foundation c/o Adoia Funeral Home, 45 Sooth Street, Eastbourne. East EDWARDS - Major Evan Kenarick. peacefully on 2nd November. 1995. aged 83. Beloved ana taring hatband' aramta. and a tnr fatter and grandfather. Funeral Service in Meole Brace Church. Shrewsbury, on Friday. I CJth November at 12.30 pm. followed by cre m ation. Fenny Dowers may. Donations, tr desired, to be shared between; Arthritis and Abeunmnsm Counen far bomra RJSXJ- and The s*nrat»gin Army. Eaoubtes : <01743) 344645. DEATHS ENfUSHT - On Slat October 1996, Derek Anthony. Requiem Mm on Monday 6th November at Westminster Cathedral at 1.06 ran. No Bowers Mease, mu donations may be mt to Global nmnenMp. PO Box loot, too den sem 9UL mnn-wuuMMewu of Mary Fielding Guild. Hlghgate and Eastslde House. Temple Fortune and formerly of UlatercourL Ktngstou-uoon-Thacaes. on November 1st tn her 92nd year in loving care at WMm n gtan HosoitaL Sister of the We Kathleen F wrier CWraBD to the m em ory of whose artistry, particular^ la (tn example to young stagers, she davotad so much of her Indomitable spirit, energy, vase and htimfllty. Funeral Service on Friday lOBi November at Golden Owen C m aa t u rtum at a pm. no flowers, please, but donanoB s tr desired to tins Kathleen Furrier Chair of CflrUra! Oncology and matt payable to "University College. London” c/o Prof, Souhantt. Tha MkHUesax Hospital. MorOraer Street London WIN BAA. HBfltY - M ay GwenOoken nksjL C8E. On October Slat at St Pifxxaa Howotta). deer sister of Richard. Leslie. Henry and Hector. Born April lOth 1910. Formerly Registrar of The General Nursing Council of Dtgland and wakes. Funm Service at Ooldera Green Crematorium. Hoop Lane. NWl I M noon. No flowers by request Do n a ti o ns may be sent u The 1930 Fund tor CWrict Nunes, la Winders Road. SWU SHE. DEATHS HERAPATH - On 31st Octotw 1996 Yvonne Qofe StientMO. widow af Spencer, died in her home at Yannonth. IOW. aped 81. Small family service at Whlppingbraa Crematorium, followed on 38th November w a Memorial Service id 3.30 pm at St Jamea'a camth. VaniMiih. Family flowers only, if desired a donation to Marie Curie low Fund C/o Judy GIIIow. Whtiecroft Hospttra. Sandy Lan«- Newport IOW. H0UU8 - Dr Jota C-fi. On November 3rd. beloved husband of robb. father of Roger and Juuan. Funeral at Cbnm valley Cramatomna nr. Bodmin. 2 pm Friday November lOtiu Donattom please ro BiTtlsh Heart Foundation, l. Tnamaddan Court UakeenL CCmwalL HOOPSR - Duvtd Frederick suddenly on 1 st No rem bnr 1996at heme aged 46. Badly missed by Gay and Bamamha. Funeral flirvtoe at St Mrayx West Maflfcg, op Thursday 9th W u ra to t t at 2 pn>- Family flowers only. Donations if destined lo "The Kent Air Ambulance" c/o Vines ft Sons udL. 64 High Street West Mam*. Kent ME 19 6LU. KNOWLES - on Novrattoer 2nd 1996, Peacefully after a tottg tihuna. sidMv Treads (Frank) aged 80. of dsmor. Newh av en. Fortneriy of East Crtastaad ana Lawes. p satl y loved hutiand Of Pat and a much loved father and grandfather. Service at Seatanl Baptist Church on Wednesday November 8th at 1130 am, Enquhrtei c/o Log Goacher Seaford and Newhaven Funeral Sarvt ua . tel: (01333) 893689. DEATHS LUCAS - Peacefully at Moreton-ln-Manh Haepual on October 30th 1995. Ranald Jasper, aged 83 Otoe. The hmeral service I taken place. Donations. Hospital c/o PMUp Tomans. Funeral Directors. SG The Leys. Evesham, worcs., WRli SAP. PARKER - Ddrid A.B. Pecker) peacefully In (B* Hospice. Ml October 31 at 199s. aped 49 veers. Beloved husband of Llr. tovtng father of Laurence, Charles and Rosalind. Funeral Sendee at St Laurence's Church. Church Stratton. an Wednesday Novemtar Sta ef 2 pm. followed by I nt erm en t at GreenhlilS Cemetery. Family Oowem only ifaaia. Donadons. tf desired, to-the S hr ops hi re and Mkl Wake Hospice. Enquiries m AO. Morris ft Son. Funeral Dbrccson). cream stretton. Vet 101694) 732876. RAMSEY-QUTHERO - On Novemtw 1st 1996, BU. of How*. Sussex, died aoed 49 yean. Funeral detads or any enquiries c/o Christopher Stringer Funeral Services, Rottlnodean. Sussex, tel; (01373) aoflooa ROWLANDS - Bessie. Peacefully on Slat October, deeply loved by her (antsy and Mend*. Funeral Friday KXh November 12 noon at Mortiake Crematorium, afterwards to 12 River House. The Terrace. Barons. Family flowers only. Denaaene tf desired to Sam the Children. DEATHS SHAWE-TAYLOR Desmond Christopher unexpectedly at home on November 1st. aped 88. Funeral Service at Poole Crematorium on Friday lOth Novambo 1 at 3J0 pul No Oowere pfeaae. a memorial gaOwba in London to toe John Robert Dorian (tan). sud denly but November 1996. Ebfcst son Of the late CapMn William Dorian and Margaret (Peggy) Stevenson Thom, loved brother of Dam Hefan. Sue (USA) and Derek (d e c ea sed), a deer ancle and great-ancle, combi of KattOeen and bat friend of Edgar Davies. Fnnaral Service at Putney Vole Crematorium on Wednesday em November al 12.IS pm. Family flowers only . Donations, if wished, to a charity of your choice. THMEY - W. Gordon nancy, died peacefully at MttcheBs. on ThureUy 2nd N o vember 1995 aged 78 years. Much loved ny Dora. Margaret. Roger and all the famQy. Funeral Service at Cambridge City Crematorium Wsat Chapel on Wednesday 8 th November at 3 pm. No flowers please. W Alt DE-ALDA M . Major Julian on 3rd Novrenbar. loved end loving husband of Virginia and father of Jamie. Tom and Kata. Private funeral. Memori al Service to be asmmmced. MEMORIAL SERVICES HEAD - John. A Memorial Service will be held on Tuesday. 8th Pecem te r at 11 am In Southwark Odhedral to De fbtiewed by a reception at GMxfers HmD. Montagu* Street SEl. IN MEMORIAM- PRIVATE BEALE - Harold Derryck- Happy memories on hie birthday. November 4th. remembered with much love every day. Muriel Angela and John. DRAKE - Molly, remembered always with love, e s p ert a lh r tomorrow bo 1 Mrihday. AMO ter beloved httoband Rodney and sen Nkst- FAItftAH - Dear Susie. aB our low on your Mroiday. BCh November, as ever. Mum. Rosie and tamlly and Robert. SPIVEY - Julia, died November 4th 1994 aged S& years. Loved and remanuered always. THORPE - Lewis (1913- 1977): Teacher and Arthurian scholar, remembered with low and gramuM. ANTIQUES & COLLECTABLES T CL otaao 47B0a FLATSHASE rat. ak mod cans, n/c mt, £7Bpw ana. oi7i Mo am» Otsri Too las hum rta ohene. Fortocaomn. 1« n net rtwn g. rime aaasom tnc. 6BO 4337 FOR SALE BW » m tests fuB mat cttoU br cm & vwneo. Manm cob- eojooo one. oiSM T4I440 TUB TM0 - 1791-1038 star tiB«> aVtoeMs. wo fw m- FOR SALE MORNING SUITS DINNER SUITS EVENING TAIL SUITS SURPLUS TO HlltS UPMAN A SONS Wen End Tel DI71 240 2310 22 Charing Grots Rd WC2 Qty Td 0171 623 7721 156 PbKhmcfa St BC3 GIFTS A MtaTHDATE Newmaper. Otto- BIRTHDATE EWSPAPEBS ORIGINALS 1847- igSE Auttentic gift In prerentsdon folder £18 each One. pftp)| BYGONE NEWS TaUFsto 01934-412844 M 7 d ay* tMI 9pm. Ml HEALTH & BEAUTY SHOUT SIGHT? The London Centre tot Refractive Surgery TfcrUKYI HinnTcaM|mwii — NW5. cuts gar WI 111 EWffiRd. SorMtoP. arerw> otsi jpp «iio PETS & LIVESTOCK HUUttm PmnUL Fito redtorra ■ntooetrairareaartogjtojfte I bonus. £700. ni«a XSOTIB- situations WANTED «WMAR T .c tM iati ’rt- ? t Mnr UMvmtty degres. oa QUmoo- wto* Job to O P. W* 1 VtonsuR Mtiki i ne i rgsr to. « CHUt4t tB urantm 7 0049 BIDS TWI«n Mouraarrrata nrai s rawto couoto area tbc •hwt/Weim tains, Tei: OIT1 WO 447ft. Lootowa tot- mo n wri u re QUBUfM «l|M> 2 srdess set* sen or wooer we* torn wwvMft. Riitunid cw ft refle TVL mans 0608*4-— i Vpj) J r p* THE TIMES SATURDAY NOVEMBER 4 1995 Obituaries SIR ANDREW CRICHTON 0 Sir Andrew Maidand-MakriU- Cncfaton, shipping industrialist, died on October 29 aged 84 . He was born on December 28,1910. ANDREW CRICHTON (he truncated his triple-barrelled name for daily use) was a leader of the container revolu¬ tion which transformed the shipping industry 30 years ago. As chairman of Overseas Containers Limited (OCL). the consortium set up by four of Britain’s main shipping firms, he helped to develop the operating strate¬ gy and the equipment which brought huge savings in manpower costs and time. Although his eight years at OCL might be seen as the pinnacle of his career, Crichton's was already a well- known name, not only within his own industry but in other areas of public life. He went to head the consortium in 1965 from being joint managing direc¬ tor of The Peninsular and Oriental Steam Navigation Company (P&O). one of the four firms in OCL.'and with whom he had spent the best part of his career. (OCL is. in fact, now P&O Containers, a wholly-owned subsid¬ iary of the company.) He was best known to the general public, however, through his seven years, 1958-65, as a colourful, indepen¬ dently-minded chairman of the Nat¬ ional Association of Port Employers. In 1962 he incurred the wrath of senior Conservatives, notably of lain Mac- leod. then chairman of the party, for allegedly sabotaging the Govern¬ ments pay pause by backing the dockers in a pay dispute. He said that they had waited for 22 months for an increase and had been working the same hours since 1919. Two years later, however. “The Admirable Crichton", as he had been christened by the dodc workers, was equally censorious of them when they turned down another pay offer and went on strike. His friendship with Ton O'Leary, the dockers' leader, and particularly with Frank Cousins, then general secretary of the Transport and General Workers' Union, reflected his aversion to the traditional politics of confronta¬ tions between owners and employees. But he did not mince words when he felt aggrieved and in I960 described 1,660 Port of London tally clerks who went on a long unofficial strike as "about as selfish a set of men as it would be conceivable to find in the whole of Britain Crichton, whose work with the port employers brought him his knight¬ hood in 1963. liked to point out that he had started on the bottom rung of the ladder as a £l-a-week messenger boy with the shipping agents Grey Dawes. But while this might have been technically correct, he got the job through his father's dose friendship with the shipping executive Sir Wil¬ liam Currie — later to become chair¬ man of P&O — and his background was thus not entirely disadvantaged. Born near Hereford as Andrew Mahland-Makgill-CrichJon, he was the eldest son of a lieutenant-colonel in the Queen's Own Cameron Highland¬ ers who had spent much of his own career in British India. The family’s lineage was completely Scottish and impressive. The “Maitland” reflected their kinship to the earls of Lauderdale and the "Makgffi" their descent from a family of large landowners in Fife, while a “Crichton” forebear had been Chancellor to Mary Queen of Scots. As the eldest son. Andrew was sent to the military public school Welling¬ ton College with a view to his following his father into the Cameron Highland¬ ers. But he took neither to Wellington nor to the prospect of an army career and from an early age showed an aptitude for business. Two years after joining Grey Dawes in 1929 at the age of 18. he transferred to Mackinnon Mackenzie who were shipping agents throughout India and the Far East and belonged to the P&O Group. Originally destined for their office in Calcutta. Crichton was switched at the last moment to Colom¬ bo in what was then Ceylon, moving to Bombay shortly before the Second World War. Commissioned into the 1st Punjabi Regiment when war broke out. Crich¬ ton's background as a rising young shipping executive earned him almost immediate secondment to the Army's headquarters in Delhi as deputy director of movements (shipping) with the rank of lieutenant-colonel. He served throughout die war in that capacity, organising the movements of troop ships and military cargo in and out of Indian ports. He returned to Mackinnon Macken¬ zie after the war and set up an office for them in Delhi before being recalled to London by P&O in 1948 to work as a general manager in headquarters, concentrating cm the freight side of the business. He later became one of several managing directors at that time until taking over at OCL in 1965. finally retiring from there in 1973. while remaining a non-executive direc¬ tor for eight moire years. In 1967 he accepted the additional job of vice-chairman of the Port of London Authority, concentrating on the shipping side of the business while also deputising for the chairman. Lord Aldington. He"was also vice-chairman of the British Transport Docks Board and of rhe economic development comminee of the PDsr Office. He was at one rime or another a director of Butler's Warehousing and Distribution, the Standard Charter Group. Inchcape Insurance Holdings and the London Tin Corporation, and a member of the Baltic Exchange, the National Freight Corporation, the Police Council" and the Industrial Arbitration Board. Crichton was not only an extremely able shipping executive but was also a well-liked one. who appreciated good food and wine and enjoyed malting people laugh. His robust, outspoken manner made him popular with the press and bis news conferences were lively occasions — punctuated by Crichton's well-honed tales and anec¬ dotes. Bur he could also be tough and did not go through life without upsetting some people. Off-duty he relaxed by walking — preferably around a golf course — listening to classical music and adding to his collection of Impressionist paint¬ ings. He was a Fellow of the Royal Society of Arts and also of the Chartered Institute of Transport and was a freeman of the Company of Watermen and Lightermen. He married his wife Isabel in 1948. An Australian from Sydney. New South Wales, she had been widowed in India during the war when her husband had been blown up in an explosion in a ship in 8ombay harbour. Andrew' Crichton is survived by her. They had no children. PHIL SIDEY ALAN BUSH Alan Bush, composer and Professor of Composition at the Royal Academy of Mnsic, 1925-78. died on October 31 aged 94. He was born on December 22.1900. OF ALL the "isms" that can be hung around the neck of a composer none has been more oppressive than the label of Marxism. Alan Bush had joined the Communist Party in 1934 and probably knew as much about Marxism as any¬ one in Britain. Philosophy, beside music, had been a lifetime's study. But he inno¬ cently accepted Marxism's corruption by the oppressive regimes of Eastern Europe. And by his choice of radical texts and titles, so easily mocked, he perhaps drew attention away from the high quality of the music itself. Despite the evident enthusi¬ asm for his work of critics as severe as Hans Keller or fellow composers such as Michael Tippett and William Alwyn, the wider audience of “the people”, for whom as a Marxist he wrote, was rarely given the chance to experience his music. An opera such as his Wat Tyler of 1951. though eminently" English in its ap¬ peal. was given its first stage performance in Leipzig in East Germany. Alan Bush was bom in London. His outstanding gifts as a pianist took him to the Royal Academy of Music, where he studied composition with Frederick Corder, and the piano with Tobias Matthay. Many composers come to music through the piano, but touch it only in the privacy of their workroom; Bush, like Barttik and Britten, relished his skill — he even seemed to enjoy a daily workout of studies and scales. His Opus 1 and his earliest published composition was a set of three pieces for two pianos, followed in the same year by his Piano Sonata in B minor. Several chamber works followed, cul¬ minating in what some still regard as his finest abstract piece. Dialectic for String Quartet, completed in 1929 but not performed until 1935. In 1929 he enrolled as a student in the philosophy de¬ partment of Berlin University. where in two years he mas¬ tered not only the German language, but also developed the analytical skill which could delight or dismay his students. But his fingers were still active — he gave a demanding solo recital at the Berlin Singakademie in 1931. On his return to England, Bush threw himself into organising and conducting popular choral concerts. In 1956 he took a leading pan in the foundation, and as its first president, in the running of the Workers Music Associ¬ ation. In 1938 when his Piano Concerto with a rousing cho¬ ral finale was premiered by the BBC. the conductor, the highly traditionalist Adrian Boult, cut shon the applause by playing the national an¬ them. During the war Bush served as a private in the Royal Army Medical Corps, but this did not save him from having his works banned by the BBC in the early part "of the war because of his communist sympathies. (This was at the time when the Nazi-Soviet Pact had not yet been shat¬ tered by the German invasion of Russia.) When Bush point¬ ed out to a BBC official that the works of enemy composers such as Richard Strauss had not suffered the same fate, he was told that Strauss was not being paid by the BBC. After the war Bush began to simplify his style in an attempt to reach out to a wider audience. Many of his choral works were set to radical texts, but none is more touching than his Christmas Cantata. The Winter Journey (1946). for soloists, chorus and chamber ensemble. Bush's first symphony was completed in 1940. the second a commission from the City of Nottingham in 1949. and his third, with a choral finale dedicated to the memory of Byron, in 1960. There is also a fine violin concerto and other works for string as well as full orchestra. But Bush’s major contribu¬ tion was as an opera compos¬ er. with his wife Nancy (n£e Head) as librettist His first full opera. Wat Tyler, was one of four prizewinners in the competition arranged by the Arts Council for the Festival of Britain in 1951. It was broad¬ cast in a recorded perfor¬ mance from East Berlin in 1952 and first staged in 1953 in Leipzig where it had 14 perfor¬ mances. It was done in Ros¬ tock in 1955, but it was not until 1974 that it had its first professional production in England, at Sadler's Wells. Bush received three more commissions from Leipzig, but only one of these. The Men of Blackmoor. was ever staged in England where it received a production by the Oxford University Opera Club in 1961 (it had been first produced at Weimar in 1956). The Ferry¬ man's Daughter (1964) was for schools: The Sugar Reapers was done in Leipzig in 1966; and Joe Hilt (The Man Who Never Died) was staged in Berlin in 1970. As a teacher he was firm in conviction, consistent in style, clear and logical in thought, direct in expression, and warm in feeling, as genera¬ tions of students who passed through his hands would at¬ test Bush had an ear for lyric beauty, and a feel for drama that make his operas powerful experiences. But he had to contend with an apathetic music establishment as well as hostility to his passionately held beliefs. In the postwar years, when he might have benefited from the great ex¬ pansion of musical life, the rise of a radical avant-garde kept our Bush and his like, still committed to a more tradition¬ al aesthetic. Bush's wife Nancy died in 1991 and one of his three daughters also predeceased him. He is survived by the other two. Philip John SMey, broadcasting executive, died on October 15 aged
• He was born on

  January 1L1926.

  IN BROADCASTING Phil Sidey always did it first He knocked the stuffiness out of the wireiess by the simple act of handing over BBC Radio Leeds to its listeners. In Birmingham he brought a new informality to television by breaching the artery-hard¬ ened schedules with the sprawling wonder of Pebble Mill at One and. when he died last month on a walking holiday in the Derbyshire Peak district he was planning to bring a new intelligence to commercial local radio. In the bid document be helped to write as chairman of the consortium bidding for a new station in Stratford-upon- Avon (and which is currently being considered by the Radio Authority), his prime objective is listed as “to always be aware of the listeners’ inherent right to be heard". Thai would have brought him full circle from his days as the pioneering manager of Radio Leeds. He had arrived in the North in 1967 with, for those parts, a suspect history of journalistic and broadcasting correctness. Ex-Army Broadcasting (for the occupation troops in Ca- rinthia). local newspapers, a national news agency and the BBC’s External Services were the milestones in a conven¬ tional CV that obviously im¬ pressed London as belonging to a safe pair of hands. The mandarins got him wrong. Once out of the metro¬ politan srraitjackeL he listened to the locals and clearly liked what he heard. He had been told the new station was pan of a two-year experiment and he took the proposition at face value by abandoning all the stuffier norms of the old BBC. His Radio Leeds was totally idiosyncratic and the people dearly appreciated it. He had given them their own voice and allowed them to say exactly what they felt. He exploited the penny- pinching, derisory budget of £50,000 a year by creating The Only BBC Programme That Money Can Buy. For a dona¬ tion to their favourite charity’, listeners were allowed to phone in and have the freedom of the airwaves to ride their particular hobby horses. His three years in Leeds generated much excitement in the North and as much angst in London. He left local radio abruptly, not because he had tired of it but because the PERSONAL COLUMN 0 SERVICES r~SUSAN JAMESHfl CLAIRVOYANT n TbBpin. WBdcood. SfaflonI5TIT4«r TEL: 01789 MM73 . SUSAN JAMES CONSULTANCY SPECIALISTS ■attar, rMnL. Norton Roberta Tal/na 0171 304 3771_;■ ANIMALS IN NEED WANTED dnp m Ittote atat* oanen mm at*. a Ltau* e to tadtay a* 1 luita to W » «£tag MM M ttu pouw e* IK Hb tar YOUR WILL R mu m moUnqwur tril ptana a at BtESMA. Wo com tor al w-oraica mon and woman who ham tost Umbs in me sanies of Rifc country. EnobHuto Tha Cttamn^ MMi UrnUen Ex-Santca Men’s Amoetafan, tfo MkSand Bnkple,B0 WaatSMMMd, London EC1 A. BOX- CHELTENHAM RACECOURSE Long term sublease required preferably in A or R Block. A very substantial premium paid. Tel: (01937) 541234 OLD Jtwma V Wanted. [ McKenna A Oo, 9B Dim limn' d wSTSaom aa»jr " 1 ■ 3W* Cookery * London Mb ttnfllB tmt danon. quiet CnM u wmtd Mp/cook U I 0*473 wiaoa announcements Jackson mint contact Onto «»nr Tartar.. |T< Iff THE RAF RISES TO THE CHALLENGE 1»l9lhe Rnl bw art chtten Wudnfl many thousands tfcablfid ywuiBBdfltoCiOmMonlgwaenl^aostelirinMniogaOT ^ PteMMt^iMWadonailonorreniairberualniarW 8 - Will you rise to the challenge, too? THE ROYAL Affi FORCE BENEVOLENT FUND ‘“^ytTRPPOHtlAMP PLACE, LOWDOMWtMaAlt 1 Your donation provides a safe leaven for sailors Life at sm his always put pressure on naval fcntili*- By making a donation now you can help us provide a ’home from home' and spiritual cora/on for sailers and their families. Please send row donation to: Roval Sailors' Rests Dept- D/14, FREEPOST PT202, S St. George’s Business Centre PORTSMOUTH POl 3EY Telephone 0ITO5 295 S52 Registered Charity iVo- 2 j8'48 ANNOUNCEMENTS SOLVEMT who la praparad to taona n r 13 yaar old boy’s tawili w naad to condone hts PotUK School Edo- oatlon. tone parent mooter at rwox Homed U previous echooL now contant and acbtevine at Beanies- Deutf and reedy tat rantldimce to. jottnasn A Oar- How near C# L ) we are to the cure... ...depends on you. leukaemia 43 Gnat Onaond TOR KMB 0H1 ANNOUNCEMENTS THE ROYAL MARSDEV CHARITABLE FUND One in three people in ihii country develops al some stage in ihdr lives and one in four dies from h. The Royal Maoden, the Incest co mp rehensive cancer centre ia Europe, piapa vital rate in the fight ■ g pipn mcer. Please help ns 10 eexninue this fight by supporting our important research and uaii i l n g work. Donations ra Tha Soya] Mandat OuutaUa Fend. (Dept. 3124), 203 Pkdbam Road, lonrteiL SW3 fiJJ. R« CfcNo. 2321M FORTHCOMING MARRIAGES AND MARRIAGES etc On Court £1130 per line plus VAT Court page announcements by post/fia to: Mrs J-Nceaan Court & Soda] Advertising Level 5, ] Virginia Street London El 9BD Tel: 0171 782 7347 Fax: OJ 71 481 9313 Please include in all correspondence a mgoamre of either one of the parties concerned or a parent, a daytime and your hone telephone number and address Advertisements for the Court Page most be submitted two working days prior to publication and are accepted subject to confinpanon. BRIAN MURPHY hierarchy denied him what was then regarded as the phim post — running the new Radio London. The corporation paid for its timidity. While the wild man languished in Television Centre (as deputy editor of Nationwide), its flagship radio station hit the rocks and has never really recovered. In 1972 he went north again but this time only as far as Birmingham, where he be¬ came head of the network production centre at Pebble Mill. Never one to be content with moving the furniture, he ignored the television conven¬ tions and overcame the short¬ age of studio time by making programmes in corridors, on the roof and, especially in the now-famous glass-fronted foy¬ er of what, until then, had been regarded as an expensive white elephant In a parody of Pebble Mill at One. a staff Christmas revue was also staged in the foyer and called Pebble Mill at Sixes and Sevens. The highlight was a car crashing through the front door (which had been appropriately pre¬ pared. of course) while a world-weary presenter tried to cany on as if nothing had happened. Sidey rode the inevitable bureaucratic punches and was proved right in the end. The industry, though not the BBC, recognised his talent and he became a highly respected figure within the Royal Tele¬ vision Society which accorded him the honour of asking him to be its chairman for four successive years. Phil Sidey is survived by his wife Daphne, two sons and a daughter. Brian Murphy, head of the Press and Information Department oftheTUC. 1975-79. died on October 26 aged 66. He was born on March 6.
• BRIAN MURPHY was one of the Labour movement's earli¬ est spin-doctors (though the phrase postdated his own PR career). After making his name as an advertising copy¬ writer, latterly with BBD&O, he became in 1973 head of the Television. Radio and Film Division of the European Commission in Brussels, in the first wave of British ap¬ pointments to that body. Two years later he transferred to a similar post on the staff of the Trades Union Congress back in London — though here his responsibilities encompassed written journalism as well. But before either of those jobs he had frequently used his advertising expertise to assist rhe Labour Party. He was one of the backroom boys behind the Wilson Govern¬ ment's 1966 landslide election victory, contributing, with the help of two others, the some¬ what complacent campaign slogan “You Know Labour Government Works". Brian Sr John Murphy was educated at Stationers’ School. Hornsey, winning an exhibi¬ tion to read English at Downing College. Cam¬ bridge. At Downing he en¬ countered, but never became captivated by. the austere
• R. Leavis. There was cer¬ tainly never anything ascetic about Murphy. Guests at the prodigious parties he gave in later life were in little danger of forgetting his endless reper¬ toire of stirrup cups nor his constant habit at a certain stage of the evening of ex¬ claiming " Tiens, tie ns!" After Cambridge, he joined the Attlee Government’s ill- fated East African Ground¬ nuts scheme in an accounting capacity. Two world tours with the P&O shipping line followed, the first as steward, the second as press officer on the maiden voyage of the Canberra. As a PRO. he developed a curious friendship with Sir Tim Bell, who in political terms shopped on the opposite side of the street. They couJd frequently be seen lunching together — at Claridge's or Harry's Bar when Bell was the host and at the Gay Hussar when the bill was being picked up by Murphy. In whatever setting, they were as often as not the last customers left on the premises. A highly sociable soul. Mur¬ phy was the author of several books on wine, whisky and gin. His last demand, before he died, was for “more cham¬ pagne". As one of his friends remarked, at least it was a cut above the Younger Rtfs final request for “one of Bellamy's veal pies". Brian Murphy married, in 1955, Elizabeth Snelling. The marriage was dissolved in J987, and he is survived by two sons and two daughters. Formula 1 title for Hill Mexico City, Nov 3.— Graham Hill of England, won the Mexico Grand Prix here today, and with it the world driving champ¬ ionship for Formula 1 cars, which he Iasi heid in 1961 Bruce McLaren was second and Jacky Oliver third. Pedro Rodriguez (Mexico) was fourth. Hill’s victory here was good for nine points towards the world championship. Hill led with 39 before this race, followed by Jacky Siewart with 36 and Denis Hulme (New Zealand) with 33. Hill took the lead in the first lap of the 325- mile race and kept widening it until the end. when he had an advantage of more than a lap on his closest rivaL He said afterwards: “I had a lovely time. The car went beautifully. I am very pleased to have won." Hill, who refused before the race to predict either his or his car's performance, never made a pit stop throughout the 65 laps. He helped his team-mate, Oliver, reach third place tty positioning in front of Rodriguez when Rodriguez tried to pass Oliver — a legitimate ploy. Hill was driving a Lotus Ford. McLaren a McLaren Fond, Oliver a Lotus Ford and On This day November 4,1968 The Times today would accord a triumph such as Graham Hill’s more coverage than an agenty report of less than half a column. HiU was killed in an air crush in 1975. Rodriguez a B.RM. Hulme was eliminated early when his McLaren Ford caught fire as he sped along in fourth place. He walked away unhurt. The accident occurred as Hulme was going into the straight of the tenth lap. “I don't know what happened," he said. “Something in the suspension broke. 1 hit the wail." By the halfway stage several other cars had been forced out as Hill led from Siewart and McLaren. These included Jean-Pierre Bel raise (France-Malra). Moises Solana (Mexico-Lo¬ tus Ford), Chris Amon (New Zealand-Ferrari). John Surtees (Britain-Honda), Lurien Bianchi (Belgium-Cooper). Piers Courage (Britain- B.R-M.I, Dan Gurney (United States-Lotus Ford) and Jackie Ickx (Belghim-Rarari). By the fortieth lap Hill was 3D seconds up on Stewart, with only five cars on the leading lap. The other three were McLaren. Brabham (Australia) and Johnny Servoz-Gavin (France). Hill’s time was given by the control tower as lhr. 56mm. 43.95sec. — a track record for this grand prix. erasing that set last year here by Jim Clark. Hill was asked which was the most difficult lap. The last one,” he replied. Hill virtually had the race won soon after the three-quarter mark when his main challenger Stewart dropped back with engine failure. There had been 21 starters. ENGLAND WIN SWIMMING TROPHY England’s remarkable run in the swimming intemaiianai against Wales and Scotland for the Bologna Trophy was maintained at Grimsby on Saturday. They emerged comfortable winners with 38 points. Wales were second with 25 and Scotland third with
• England have been beaten only twice since the first con test in 1929. Britain's sole Olympic swimming medal winner. Manyn Woodroffe (Cardiff), won the 220 yards butterfly event in 2 min. 115 sec, half a second outside his British record. THE TIMES TODAY SATURDAY NOVEMBER 41995 jbtchristbbsy West gives evidence from grave ■ Frederick West’s voice echoed from beyond the grave around a hushed courtroom yesterday as his taped confessions to murder were played in the defence of his widow, Rosemary. In a dispassionate voice he admitted murdering and dismembering his daughter Heather and other young women, most of whose names he could not remember. He claimed he alone was responsible for the killings .Pages 1,6,7 Yeltsin loses grip on power ■ President Yeltsin’s illness loosened his grip on power further yesterday, when he temporarily ceded further responsibility for Russian security and foreign policy to Viktor Chernomyrdin, his Prime Minister.Pages 1,12,21 Scotsman sold The Scotsman, one of Scotland's most prestigious newspapers, has been sold to. David and Frederick Barclay, the twins who own The European. .the Ritz and the How¬ ard Hotel. The price is around £90 million.-—... Page I Bonfire fun Demand for fireworks was expect¬ ed to rocket after forecasters pre¬ dicted a clear and dry bonfire nighr_Paget Heir faces deportation A 19-year-old former Nepalese mountain boy. who is the heir to an 18th-century English castle and a £1-5 million fortune, is facing deportation from his stately ■ home_,—.Plage 3 Labour changes Labour's ruling National Execu¬ tive Committee will approve a deal to end direct trade union sponsor¬ ship of individual MPs.Page 5 Prince buys Asprey Asprey, the Bond Street jeweller to the Queen, is being sold for £243.5 million to Prince Jefri BoUdah of Brunei, brother of the Sultan of Brunei.Pages 8. 20. 25 Extradition order Argentina’s supreme court ruled thar Erich Priebke, 82. a former Gestapo captain, should be extra¬ dited to Italy for trial on charges of overseeing the massacre of 335 civilians outside Rome in 1944.-Page 13 Stars are born Unprecedented'snapshots of new¬ born stars peering out of immense gas clouds some 7.000 light years from Earth have been taken by the Hubble Space Telescope Page 14 Killer typhoon The most powerful typhoon to hit the Philippines for years killed 66 people, sent more than 200.000 fleeing from their homes and left millions without power ...Page 15 Young Tories make up to voters ■ Forty young Conservatives will spend the weekend at a hotel being taught how to dress and avoid gaffes, to woo voters. The merr will be told how to apply makeup and pluck their eyebrows.Pagel With Spring in their steps, models show off next year’s pre-summer fashion collections in New York KREMLIN SICKNESS President Yeltsin is more seri¬ ously ill than his aides have permitted the world to know. But Chernomyrdin has pro¬ ved himself a cautious, reli¬ able conciliator. Page 21 BEFORE THE EMPIRE The Queen signed a strongly- phrased apology to the Mao¬ ris. Few statements of tins kind have ever been made by the Crown-Pages 14.21 SAO MIDDLESBROUGH Although his game is more caviar than gravy, Juninho looks just like the Bisto Kid .Page 21 . i

  Sometimes Presidents are forced into the bunker. Mr and Mrs Clinton built theirs. — The New York Times { Simon Jenkins: Gives Shakespeare the right of re¬ ply, in his own words, to the Prince of Wales’s book of fa¬ vourite extracts Page 20 Anne McElvoy. The tide of separatism based on gender exclusivity or sexual orienta¬ tion seems to be turning last_Page 20 Sir Andrew Criditoa ship¬ ping industrialist; Alan Bush, composer; Brian Mur¬ phy, head of the Press and Information Department of the TUC; Phil Sidty, broad¬ casting executive — Page 23 Humane prison policy threat¬ ens security: neglect of Keats House-Page 21 British Airways: After al¬ most 13 years on the board of British Airways. Sir Colin Marshall is to step down next month as the airline’s chief executive. He will be replaced on January 1 by Robert Ayling, BA's managing direc¬ tor since 1993-Page 25 Markets: The FT-SE 100 In¬ dex fell 22.6 points to dose at 3500.4. Sterling’s trade-weig¬ hted index fell from 845 to 84.3 after a fall from $15809 to $15800 and DM22438 to DM22365. .Page 28 Toy filmg Never mind the quality of Hollywood's block¬ buster films for children: just fee! the weight of the mer¬ chandise that goes with them... Page 17 FOotball: European football authorities are to lobby gov¬ ernments because they fear the final judgment on the Jean-Marc Bosnian transfer will split the game ...Page 48 Host city. Manchester has been confirmed as host dty for the Commonwealth Games in 2002. It will be die first time since 1934 that Eng¬ land has staged the event-Plage 48 Rugby union: The game is becoming paranoid, with dubs looking over their shou¬ lders. fearful of where the next threat to their suprema¬ cy may come from—Page 42 • ns On the Brighton road: the greatest veteran car run is a family affair MAS.A^iNf. Howard Hod^ra: Joanna - Pitman disowns a weaMi of cotoor beneath the artisrs frosty public persona.Piage 8 Out of steam: India’s steam trains have nin out of puff m, the battle against- dieseL Christopher Thomas reports..—.- Page 36 Temples: A lesson for India in Neasden: Tunku Varadarajan on temples of Hreworks: There!! be fire¬ works tonight whoa they bum the PbpeL—-Page 4 Ccilmaie: The friendship be¬ tween Nelson Mandela and 15 The weekly magazine far young Times readers Bond’s back: the special ef¬ fects that make GoldenEye spectacular..Page 6 Win: an eight video collection of die best of Bond—Page 3 Recommended: the best books, music, games and The 7-day television and radio guide Cover story. Francis Urquhart is back in The Final Cut. the. final series featuring Ian Rich¬ ards onas the parliamentary archplotter. Sunday. BBC1,9pm Booked: The Booker Prize live on Tuesday. BBC2. fi.10pm THE TIMES CROSSWORD NO 20,004 ■.. A botife of Knockando. a superb Spevside Single Malt Scotch KR0CKARD0 whisky uniquely bottled only when 'at its peak of perfection -- rather than at a pre-determined age. together with a fine

  - - ■ ■ ■ — leather credit card wallet, will be given for thefirst five coma solutions opened next Thursday. Entries should be addressed to: The Times. Saturday Crossword Competition. PO Bax 486, Virginia Street. London El 9DD. The winners and solution will be published next Saturday. Name/Address.—. ACROSS I Ruffle the riding fraternity (5). 4 Crook earns his remuneration finally working routinely (2,7). • 9 Speak immediately, and at length, about it - repetinously (4.2,3). 10 Jonathan, for instance, first for own off by spotted horse (5). II Stubbornly hand to get on, like a slipped 12 Frozen bird we hear, is the issue here (8). 14 Judge must be, as a precaution (42.41. 16 Statuette is missing its head — a bit of a blemish (4). 19 Cultivate a little com by river (4). 20 Shows disposition to accept less ( 10 ). 22 Resent having to ask Bamaby (8). 23 Latin-American Dower girt noted for aggression (6). 26 Preoccupation with finny note (5). 3 27 Entry is restricted in foreign domains (9). , 28 Governor takes up residence, representing the Crown, perhaps 29 Subject taken by other people — „ English (5). . Solution to Puzzle No 19.998 KfflamQ HEoamnao® EmswsaaB ESBSSSfflflS HIHHG1B BffiHasmaH BQ0EU3 smaassasa n o ffl ® a 00HI3I11210 H@0C!001S s s ® a a BEBiBiasn naansain s cn s s a nffi[ira 0 Dns@ anraiia n b m o in 0 0 CJHHBH SHSQHBSHC] snuaraEsniaE DOWN 1 Short runs in America sort of suit these stars (45). .2 Silent picture (5). 3 One fool caught by ruse almost prehistoric (8). 4 It's essential to make their “One club" (4). 5 Retire, or meet with dismissal •’ (35.4). 6 Note to friend, indeed (6). 7 Observed religious being taken in by spurious miracle (9). . 8 19 enforcing discipline (5). 13 Mischievous person (i.e a mon¬ key) accorded mercy (10). (5 Sharing out US city creates earthly paradise (7-2).. 17 Kind of horse otic trains hope¬ lessly (9). 18 Small animal, a burrowing ro¬ dent found round Kent area (8). 21 Excavate a trench, raised and enlarged (6). 22 City houses Conservative group 24 Country's unknown river (5). 25 Book about man of straw, primar¬ ily (4). Solution to Puzzle No 20,003 smaasaas aagaga fflasnasaa Hfflasaa Qaaaaaaaa onnBfflans ssisBiLStaon® iuoains am @ a a a ecanciHsa aaasaa OSH [099 asmsas staaaams a a a a a a EBsna Hnssiaaaaa BQnaaaas HQBQHaaaa Hainan @aamsana EQHUES asBaauaa LAST WEEK'S WINNERS: H Fellows, Shepton Mallet, Somerset: E j Bus hell. Oakland Vale. MersevsJde: D Clements. Felixstowe. Suffolk: L Williams. St Heller. Jersey; H O O’DortnefLWest BridgfonS, Nottingham. ©TIMES NEWSPAPERS limited. 190S. Published and printed by Times Newspapers Ltd ai L virelnia Street London El 9XN. telephone OI71-782 SOOO and ai Knowsfey Park industrial Esuuc. Killing Road. PnaeoL Merseyside. L34 uhn. telephone 01SI-5462000. Saiurday. November 4. IVQS. Registered as a newspaper at the Post office. Far (he (sea region by tectan forecast. 24 hours a day. efrai 0691 500 followed by me code Greater London ... 701 Kert,Suney,Sussex... 702 Dorset,Hante S KJW..... 703 Devon & Comvwafl_ 704 Wilts GtoucsAvon.Soms. 705 Berta.Bucks.Qxon .. . . 706 Beds.Herts & Essex.. . 707 NortoKSurtoKCambs... 708 WestMU&Sth Glam &Gwert.. 709 Shroqs, Hereto) & Worts 710 Centra) Mklands... 711 East MKftaids. ..712 Lares & Humberside-- 713 Dyted&PtMNs- .... 714 Gwynedd & Ctayd... 715 NWEngJraid. 716 W&S rofta & Dales.. 717 NE England. .. — 718 Cumbria 6 Late Olslncl .... 719 SWScodand. . 720 W Central Scotland.. 721 EtfriSFifa/LothanS Borders..722 E Cortrai Scotland. 723 Grampian 8 E Highlands. - 724 N WScodand.725 CaOftness.Orkney & Shetland_ 73? N Ireland. 727 Weathercali is charged at 39p per minute (cheap rate) and 49p per minute at an other times For Ihe West AA traffic/roadworto rtormation. 24 hours a day. Sal 0336 401 lotowed by the code. London A SE traffic, roadaorks Area within M2S.. _{731 EssextHerts/Beds/Bucta/Berta/Oxon.. 732 Kent/Srarey/oussac/Hrarts-734 M25 London Orbital orfy...— 736 NaGonal baffle and roadworks ttaOonai motorways-- 737 west County.. 738 Wales... ..... ... .739 MWands ....740 EastAngaa.......741 North-west England-- ....... 742 North-east England---....743 Scotland.. —.744 Northern Ireland . 74S AA Roadwalcb is charged at 39p per minute (cheap rate) and 49p per mnute as other rimes. □ Sundaes: 6.59 am Moon eats 3.40 8m FuR moon November 7 London 429 pm to 7 .00 am Bristol 4.39 pm to 7 10 am Edinburgh 427 pm to 737 am Manchester 4 32 pm to 715 am Penzance 4.55 pm to 7 18 am Sunsets 429 pm Moon rises 3.17 pm □ TOMORROW Sunrises: Sunsets: 7m am 428 pm Moon sets Moon rises 4.49 ten !«3 pm FuB moon November 7 London 4 28 pm to 7.02 am Bristol 437 pm to 712 on EcSnburgh 425 pm to 729 am Manchester 430 pm to 7 17 am Per u ance 4J53 pm to 720 am TODAY London Bridge A ba d ean Avcnmoulh Betel Cardiff Devwpon Dover Dybfen Fa&narth Glasgow Harwich Hothead lifraeontM King's Lym LiwspoU Lowestoft Margate Mtord Haren NewOpBy Oban Parlance Pt*vwd ftxtsrwuh Shorcnam Souhampttx Swansea Tees Wtan«n-N2e ID££}

• m AM HI PM HT 1111 688 11-46 725 1133 4 01 1128 4 10 458 1194 50* 1255 848 318 900 335 4-19 11.08 4:46 11.62 354 498 3 37 5.19 B41 622 922 6.19 9J4 136 9-39 4.10 2.41 452 300 4^0 10C3 437 1035 <47 9:16 370 9:55 380 8:14 5.16 821 5.4* 337 684 429 691 327 851 352 887 335 6.12

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  26 3 SZ 8.57 4 17 903 057 481 Ml 498 9-14 3.95 9-53 4.17 HreHKT SLOWEST Yesterday: Highest day temp: Fakmoih, Com- wal. 16 C (61 n; towCES day max Spafcabam. Cwrbria. 6C (43F); highest ratniafl: CoUtshM. ftorfoSv. 0.0381. taghest sunshine: Folmtun. Comwan. 7 4ht. □ General: England and Wales will have a frosty start m many places with isolated pockets ol mist and log in the east. The mist will clear to leave a Fine day with some sunshine with the best of the brighter weather in the east Scotland and Northern Ireland will have a mainly cloudy morning with rain and drizzle at times in the west. In the afternoon it will become brighter everywhere with sunny intervals in eastern pans of Scotland. Cloud will linger over northwest Scotland. □ London, E, W Midlands, Central N England: early frost and log will soon disperse to give a dty day with sunny spells. Wind light northeast becoming southeast, rather cold at first. Max 11C (52F). □ Central S, SE, E, NW England, E AngKa, Channel Isles, Lake Dis¬ trict mist, fog and frost inland, clearing. Sunny spells later. Wind light 24 te to 5 pm: b- Aberdeen Angtowy Awemore Bertas* Bfrirtngham BopwrR Bristol Buxton CatoM Ctocton Cofwyn Bay Cram* Eastbourne Edutourgb EstatotamUr Ewnouth Falmouth FtShoJSrd Fofceatane Glasgow Guernsey Hastings Howe Hunstanton Rlracombe toiootUan Jersey Ktotass Leeds Lflnridc Lsuchara Utflebmptn Liwrpciol Warscto Akrobrf Atex-dria Aigtorc Amn'dm Athens BAfrea Bahrain BangJtoK Barcelona Beirut northeast becoming southeast. Max 11C (52F). □ SW England, Wales, isle of Man, Glasgow: eariy ground frost inland. Cloudy bul brighter later. Some sunshine. Wind moderate to fresh, southeast Max 12C (54F). □ NE England, Borders, Edin¬ burgh & Dundee, Aberdeen, Cen¬ tral Highlands, Moray Firth, NE Scotland, Orkney, Shetland: iso¬ lated mist patches soon clearing. Mainly bright with some sunshine. Dry. Wind light southeast becoming fresh or strong south. Max 9C (48F). □ Argyll, NW Scotland, N Ireland: cloudy with rain or drizzle. Brighter during the afternoon. Mainly dty after dark, wmd south to southeast fresh or strong Rather warm in the brighter spells. Maxi2C (54F). □ Outlook: dry with some sunshine. Ovemighl mist and frosts inland. Max F 54 b 52 eh 55 s 52 c 55 5 52 g 32 sh frigh t: c^ctouct d-drtzzlp; da=cfeai storm; duetto* I-tain fg=tog. g-g /“rain; sh=showar a=steefc sn=ere*r; s^surr t=Bumctor Sun Ran Max 5un Ran hrs to c F hrs n C 29 . 8 46 b London 4.0 12 U 12 54 c Lnrannut 22 O.Q2 11 5.1
• 9 48 3 Manchester 5.7 11 15 001 7 45 T Uragata 15 11 2.5
• 10 50 b Mnehesd ZB 13 24
• 11 52 b Morecambe 64 11 38
• 11 52 b Norwich 25 11 5.1 54 ‘ 13 8 55 46 s 3 NoBtortwm Oxford X 07 10 59
• 13 56 3 Penzance X 15 10
• X X C Plymouth X 14
• 11 52 C Poole 66 76 1.7
• 11 52 c Prestatyn X 59
• 12 54 s Ross-o-wye 13 9 61
• 9 48 G Ryde X 40
• 7 45 s Moambe X 40
• 13 55 G SfrKtawr 4.7 11 7.4 . 16 61 6 SamtnSnd 4.4 15 5.1
• 12 54 B Scarboro' 28 9 50
• 12 54 b Sharfdfn 68 11 5.7
• 9 43 s ShrswatMxy 4 J 11 54 49 : 15 12 59 54 s b SKsgnees SoStend X 04 001 11 28
• 12 54 b Southport 6.8 11 13
• 11 52 c Southsea 35 12 26
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  0181-993 9973 ORIENT-EXPRESS FROM £69 Orient-Express driven by steam engine on 9 or 20 Nov. • champagne breakfast • visit Beaulieu • coach return to Victoria £69 or £129 with Orient-Express both ways to the New Forest • champagne breakfast and luncheon Orient-Express both ways driven by steam locomotive on Saiurday, 11 Nov. • champagne luncheon and dinner • tour New Forest £149 or £99 with coach from Victoria to Beaulieu • Orient-Express champagne dinner TO BOOK PLEASE PHONE: 01485578600 Changes to chart above from noon: High N and high P will combine and drift towards The Netherlands The pressixe will increase sllghity and define. Low F will move east and Dll QE2 AND ORIENT- EXPRESS Concorde supersonic to Tenerife on 16 Nov. • four night cruise around the Canary Islands on QE2 to Southampton via Lanzarote • Orient-Express to Victoria £1,499 Orient-Express to Southampton on 11 Dec • one night QE2 cruise • Paris tour • Concorde to Heathrow £699 Concorde to Paris on 12 Dec. • three night QE2 cruise to Ams terdam • Orient-Express tram So uthampton £1,099 Orient-Express to Southampton on 11 Dec • four night QE2 shopping cruise to Le Havre (far Paris) & Amsterdam cha mpagne canal cruise • Ori ent-Express to Victoria £699 For our full colour brochure, please telephone: 9 0181-992 6991 or write to f M SUPERLATIVE TRAVEL ftS VMM 43. Woodhurst Road, London, W3 6SS Hi 1 : - fi. r ■ ^{I t r} IJtuPfi iasrAi • 1 ! 14 %t‘ ‘- """ '• ! . ^{ses ?.A ; fex&i% vT«r- » ffi. . jH ! ;awc/r>^r s - K 7 - i aKSst- &--V Mr’ 1 ' fr* } K-v : -?9jfcr.io ! h '' e EKENb ; l«npfcv -. - . U I}
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It is understood that the identities of the fraudsters, who use spy camcorders to Dim unsus¬ pecting customers using the cash machines, are known to the police. One long-lens camera, usually placed in a building opposite the cash machine, films the front of the card while the other zooms in on rhe Pin identification number being tapped in. When blown up on a large-screen TV the details are easy to distinguish and these are then transferred to the magnetic strip of a bogus card, which is used to plunder the account. In the present case the gang has not yet been apprehended although arrests are believed to be imminent. Earlier this year police arrested and charged more than half a dozen people from two gangs for a similar scam on Abbey National and Royal Bank of Scotland, among others. A trial is expected to start"early next year. It is believed that those involved in the present fraud have connections with those already arrested. Scotland Yard declined to comment. As a result of the latest outbreak of cash machine fraud. Abbey National, which has to date lost ill million, has bought forward the replacement programme for its 800.000 Abbey- link cardholders as “a matter of urgency". Chris Wermann. of the Abbey, said that all victims had been compensated for the illegal with¬ drawals. He added that the new-style cards had additional security devices incorporated into the magnetic strip that would make it much harder for this particular scam to be successful. Wynne Evans of the Association for Payments Clearing Service, which represents 22 banks and building societies, said that as the fight against the fraudulent use of plastic cards in retail outlets became more successful so criminals were turning to other ways of stealing money, such as defrauding cash machines. This type of fraud last year accounted for a growing figure within the overall £97 million lost in plastic card fraud- Mr Evans added: “Fraudsters also capture personal card details and Pin numbers by using devices attached to the machines. Another method is ringing up people who have had their cards stolen and pretending to be a police station or even the'bank or building society branch. They then ask people to give their Pin number as a means of identifying themselves, which in a genuine case need never be divulged.” WEEKEND MONEY W 31 Cordiant to charge £55m of issue cash ROBIN MAYES . ■‘. yr mmm By Christine Buckley A LARGE chunk of the cash that Cordiant the former Saatchi & Saatchi. hopes to raise in its rights issue will be absorbed in disposal charges and severance pay. Such exceptional items will strip out £55 million, while Bob Seelert, the chief executive who was recruited in July and who has organised the I-for-3 rights issue at 60p a share, is in line for a bonus of £100.000 for the completion of the issue by die end of the year. Cordiant also gave warning that some further "re-engi¬ neering" of its operations may lead to further exceptional charges. The widely expected rights issue, priced at a discount of 36 per cent to yesterday’s opening share price, will raise £126.6 million after underwrit¬ ing expenses of £6.4 million. The issue has been fully underwritten by SBC War¬ burg and LIBS. The cheapness of the issue price puzzled many analysts, although a number welcomed the offer as a move to propel the cash-strapped company into a stronger position. One said: “I just can't imag¬ ine why it has been priced at this level. There had been some feeling that Cordiant could possibly have made the offer at a premium. But if it FT-SE100- 3500.4 (-22.6) Yteld , 4JH% FT-SEA All share 1721.88 (-9.01) Nikkei Closed Naw York: Dow Jones_ 4810A0 (+1.B1I* S&P Composite 689.42 (-0.30) Federal Raids™- S"«* (5"i Long Band_ 108*4* (1 Off Yield' R28% (&2S 3-mtfi IrpHtenk. LffletonggSt: 6*4% (8*-%) was going to discount it needn’t have been to this leveL” Shares in the company, which has seen the departure of high-profile advertising ac¬ counts such as Mars and British Airways after the exit of the Saatchi b roth e rs, added 8p to dose at 92p. The shares haw slumped from I55p since the departure of Maurice Saatchi. the co-founder, last ; December. Cordiant has rearranged its ; banking arrangements on the bade of the issue, which will attack the £305 million gross debt pile — a sum that towers over the £1S62 million market capitalisation. Cordianfs cur¬ rent facilities, which were due to expire in January 1997, had provided funds at rates equal¬ ling 3 per cent above the , London inter-bank offered rate. A new revolving credit arrangement of £163 million, which matures in 1999, will mean that rates fall within the range of 15 per cent above Libor. Mr Seelert said: “The group can now concentrate on reve¬ nue growth, its margin im¬ provement plan and develop¬ ing its leading position in the global advertising and mar¬ keting services industry." He said that Cordiant had compensated for the loss of big-name accounts. Mars, British Airways and Dixons had generated £40 million revenue last year. New clients include Spiilers Petfood, Peugeot. Bell Atlantic and America West Airlines. Doubt remains over wheth¬ er the Conservative Party will continue its account after being unable to pay its bib in fulL If the Tories do quit, they j will be forced to pay their fees in full and would not have any instalment facility. As Cordiant — which is projected to make an operat¬ ing profit of about £39 million for this year — strives to reverse its debt-laden position, Charles Scott, chairman, emphasised that the Saatchi name would not be up for sale. "That wfll never be on the agenda. Shareholders would have me executed if they thought that was in my mind.” mm ,'V ■.. ••v. -V ’4 \ v Bob Seelert chief executive, stands to gain a £100,000 bonus for the early completion of the issue Plea for help as number of firms going bust rises By Janet Bush, economics correspondent THE British Chambers of Commerce (BCQ yesterday charged the Inland Revenue and Customs and Excise with forcing companies into liqui¬ dation and urged them to take a more helpful view. The comments came after figures showing that company insolvencies have risen again in the third quarter, confirm¬ ing the slowdown in economic growth. There were 3.919 com¬ pany insolvencies in England and Wales, a 12.6 per cent increase on the second quarter but still nearly 10 per cent lower than the third quarter last year, according to season¬ ally adjusted figures from the Department of Trade and Industry’s Insolvency Service. Raw. unadjusted figures tell the same story, with a large rise in insolvencies between the second and third quarters. This reverses the pattern of last year, when the number of insolvencies fell between the two periods. The BCC also noted that a 30 per cent rise in compulsory liquidations was a serious concern. Richard Brown, dep¬ uty director-general of the BCC, said: “Typically, it will be the Inland Revenue and Customs and Excise forcing companies into liquidation. We would urge them to take a broader view to assist with company survival.” He said that a rise in the number of companies going bust had a serious knock-on effect on the rest of the econo¬ my, with late and bad debts and increasing uncertainty under¬ mining business confidence. However, individual insol¬ vencies fell 3 per cent com¬ pared with the second quarter. and 14 J per cent on the third quarter in 1994. □ Consumers are "improving not moving”, spending more in the high street but not buying large items such as houses and cars, according to a survey from the Finance & Leasing Association. Store credit and personal loans were up by 31 per ant in the year to September compared with last year, but demand for car finance was up only 3 per cent Secured lending — mainly second mortgages — fell to £23 million, a decline of IS per cent on August's figure. Neil Grant FLA director, said that people were digging in for a cosy winter, improving their homes, keeping a tight grip on their budgets through canny use of credit bargains, but not moving house or buying new cars. 1 New Yortc

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  denotes midday tr&ding pries PRINCE JEFRL brother to the Sultan of Brunei, the world's richest man, plans to invest heavily in Asprey, the financially troubled luxury goods group he is offering to buy for £243^ million. Prince Jefri has offered shareholders in the Queen’s jeweller 250p a share. John Asprey, the retailer's chair¬ man, and his family, who, together, own 52 per cent of the group, have accepted the offer. However, he has agreed to - retain a 10 per cent holding in Amedeo UK. the company set up to acquire Asprey- The 250p offer is a significant premium to Thursday's dos¬ ing share price of 127p, but far short of the 425p that the shares commanded in 1989. The shares rose I19p, to 246p, on the news. Asprey said Naim Attallah had retired as chief executive after 21 years with the group and would receive compensa¬ tion for loss of office to reflect his one-year contract Mr At¬ tallah. who was due to retire later this year, earned £309,000 in the year to March 31. Ian DahL Mr Attallah’s re¬ placement, who joined on September 1. and Mr Asprey will be chief executive and chairman, respectively, of Amedeo UK. Prince Jefri will nominate two other directors. Mr Dahl said that Prince Jefri had approached Mr Asprey with a view to taking a minority interest in Asprey in the summer, but discussions had developed into takeover talks in the past few weeks. Mr Dahl who is completing a five-year strategic plan for Asprey, said that the takeover would give it the funding it needed to grow. He said: “Prince Jefri is committed to the business. He intends to make a substantial in¬ vestment in tiie group, which will be significant relative to turnover." Asprey had sales of £177.8 million last year. Asprey yesterday an¬ nounced a drop in pretax profits from £3 million to £12 million in the six months to September 30 on sales of £93.8 million, up from £82 million last time. The company still has high levels of unsold stock, which was valued at £125.4 million at the halfway stage, against £129.6 million six months previously. Marshall to step down as BA chief executive By Marianne Curphey AFTER almost 13 years on the board of British Airways. Sir Colin Marshall is to step down next month as the airline's chief executive. He will be re¬ placed on January I by Robert Ayling. who has been BA's managing director since 1993. Sir Colin, who will be 62 in a few day’s time, remains as chairman in a non-executive capacity. His new role, which will involve advising the board on developing alliances with other airlines and raising the airline's profile in govern¬ ment and European circles, is expected to occupy two or three days a week. The announcement sur¬ prised the City, and shares in BA rose lOp to 475p yesterday. Sir Colin joined BA as chief executive in 19S3 and was sub¬ sequently appointed deputy chairman, taking over as chairman in February 1993 when Lord King stepped down. Mr Ayling. 49. was refut¬ ed to the airline as its ifu.il director and was later ap¬ pointed to a number of posts before joining the board in
• Sir Colin currently receives a total salary package of £765.000 including basic pay of £487,000 plus performance- related pay and bonuses. Mr Ayling is currently paid more than £500,000 with a basic salary of £300.000. j ir ^ v l Anne Ashworth j/i on a new move in the ObB pensions scandal ‘ -i™ i-.:'• : 29 Predictions for ; your home, tax bill and savings b 30 What’s in a guarantee? Small print explained 32 r The postman -/ knocks. Savings . ■: by the mail Ek . ctfr 36 A shift of allegiance. The benefits of switching accounts ,, -Jvl , . ONE SERVICE DOES \A;, J'; UK’S MOST POWERFUL CREDIT MANAGEMENT SERVICE ’• , ■ • ■_ , •• .> J. TT:-E wMM v.: s r Imagine Hie power of a service fhaf strengthens tfie ioles effort, reduces your exposure* to risk, improves cash flov/ and eliminates unnecessary cost. That's' Thinking Business'’ 1 . !t is already working for thousands of growing businesses and industry leaders. Imagine it working for you. ONE CALL TELLS YOU HOW 0500 301583 Call for your free information pack 26 BUSINESS NEWS THE TIMES SATURDAY NOVEMBER 4 1995 s< Q Be Ju Hi A ho ha be ws cm wc pn na an die CCH I an of rai to ler in sqi en. pn dis Yv Jm La
• pa Ro So Co juc COI ter \ wh La ibt 1 the Be, wh shi ani ba Ce At Be: JU! Pa (Ju Th eni del ore an act thi I Su sec as tha exe 1 res api Hi. the Sir Bei alii ris Why buy Asprey’s baubles when you can buy the shop? E nter Prince Jefri of Brunei, exit Naim Attallah, the chief executive of Asprey, who, for many years, is reputed to have wielded a Svengali-like influence over John Asprey, chairman of the Bond Street- based jewellers. Much is known about Mr Attallah; less about Prince Jefri. This state of affairs is unlikely to change markedly for two rea¬ sons. The first is that Mr Attallah, the Palestinian socialite who owns Quartet Books and has an interest in the Literary Review, is not averse to a little publicity; as might be expected of someone who wears two watches and sports (on purpose) dif¬ ferently coloured socks. The second reason is that the Sultan of Brunei, Sir Muda Hass anal Bolkiah Muizzaddin Wadaulah, is averse to publicity; as might be expected of the world's richest man with an estimated fortune of more than £20 billion. The Sultan, it may be recalled, did not enjoy the pub¬ licity that surrounded the alleged use of his funds in Mohamea A1 Fayed’s controversial £615 mil¬ lion takeover of House of Fraser in the mid-Eighties. Quite what role, if any. the Sultan has played in the £240 million Asprey deal is not readily apparent, but it can safely be assumed that the Sul¬ tan's dislike of inordinate pub¬ licity will not have been lost on his younger brother. His Royal Highness Prince Jefri Bolkiah. Although, as The Times pre- Asprey,_ purveying jade, rubies, bejew¬ elled daggers and the like, all wrappeoup in Asprey’s splendif¬ erous purple paper, is unlikely to fall into the “hands on” category. There was no sign of the prince, understood to be in Brunei, when Asprey unveiled the latest turn of events in its colourful history. The message from John Asprey, whose family trusts con¬ trol 51.7 per cent of Asprey’s equity, was: “My family and l have known Prince Jefri and his family for many years. His ownership of Asprey will en¬ hance the style and status of the S p and the Asprey family is hied to continue to play an important role in its future. ” He added: “Prince Jefri shares our commitment to the standards and service of the flagship busi¬ ness. His financial support will enable the development of all our businesses and brands to be accelerated, particularly in inter¬ national markets.” Mr Asprey, presumably tak¬ ing a led out of Prince Jefri’s book, was not readily visible at the press tited-tgtes that took place over a cup of tea yesterday at die St James's Park offices of Hambro Magan, the merchant banking boutique that advises Asprey. Ir fell, Instead, on lan Dahl, successor to Mr Attallah. to chat about jewellery in general and princes in particular with the likes of myself. Mr Dahl, the former head of Sportsgirl. an Australian fashion retailer, was MELVYN MARCKUS appointed heir-apparent to Mr Attallah last August although no handover period was specified. Mr Dahl let it be known that he was “absolutely delighted” with the latest turn of events which, he emphasised, was “good news” for everybody. Mr Dahl did not elaborate on pre¬ cisely who everybody was, but it would seem safe to assume that shareholders and the Asprey family are perceived as major beneficiaries. Also good news, presumably, for Prince Jefri and, of course, Mr Dahl. Mr Dahl also stressed that he was "totally unaware” of such developments when he joined Asprey which, he insisted, was still “totally viable” as a pic. It emerges that talks between Mr Asprey and the Sultan’s family started some two months ago and subsequently moved on to a higher plane when Prince Jefri’s initial interest in taking a minor¬ ity stake gave way to discussions regarding a full-sale takeover. The City has been highly critical of the policy of acquisitive expansion embarked on by Mr Attallah in recent years. The acquisition of Garrard and Mappin & Webb for £75 million from Sears in 1990 was followed by the £23 million purchase of Watches of Switzerland from Ratners two years later. Les Ambassadeurs, the watch and jewellery chain, was acquired for £10.8 million in 1993 when Asprey also bought Ronald A. Lee, the antiques specialist. Other ventures taken under Asprey’s wing include Rene Boivin, the Paris jeweller and Tomasz Starwedd, the design house. . Might Mr Dahl be inclined to focus on Asprey. Garrard and Mappin & Webb and “dump the rest” I asked, exuding my own inimitable charm. “Absolutely not”, said Mr Dahl, who pro¬ ceeded to educate me about the charms of Watches of Switzer¬ land which, in his words, repre¬ sented a “fantastic business”. Although Mr Dahl categori¬ cally denied any suggestion that Prince Jefri’s intervention smacked of a "rescue" in the wake of Asprey’s £9.8 million loss for 1994-95. he admitted that a cash injection, at this point in time, held “certain attractions". At this point in time, midyear profits for 1995-96 are down from £3 million to £1.2 million.Mr Dahl and his advisers refused to comment as to how much Prince Jefri envisaged injecting into Asprey over the next few years — a silence that leaves one to guess at a further £20 million to £30 million commitment Sultans and their families do not of course, tend to become involved in anything as vulgar as a takeover battle. Amadeo UK, the offshoot of Jersey-based Amadeo. has received “irrevo¬ cable” undertakings from the Asprey family in respect of their 51.7 per cent interest — 10 per cent of which will be swapped for equity in Amadeo UK. John Asprey anti Mr Dahl will emerge as chairman and chief executive respectively of the UK vehicle. The prince’s representatives have yet to be appomted. The offer of 250p cash is well below Asprey’s all-time high of more than 400p but in view of the 54p low seen earlier this year, not a few shareholders will be distinctly relieved at Prince Jefri’s appearance. After all, why buy the baubles when you can afford to buy the shop? Sumitomo to take over Daiwa Bank operations in U S AMERICA’S Federal Reserve yesterday gave its blessing to plans by Daiwa Bank, Japan's tenth largest bank, to allow its US operations to be absorbed by its rival Sumitomo. The move follows an order by American banking authori¬ ties for Daiwa to shut down its operations in the US in the wake of an apparent $1.1 billion scheme to cover up huge bond losses in New York and a 24-point indictment alleging conspiracy to defraud the Federal Reserve. It was revealed yesterday that Daiwa first asked Sumitomo to support its US operations on October 9 after the Japanese bank began to fear the possibility of swinge¬ ing penalties being imposed by American authorities over the bond losses. It was also revealed that the Bank of England had found no irregularities in an inquiry jointly conducted with the By George Sivell Securities and Futures Au¬ thority into the London branch of Daiwa Bank. The Bank of England said yester¬ day: “We have'conducted an investigation into Daiwa Bank London under Section 39 of the Banking Act There was no evidence of irregularities of the kind that affected Daiwa Bank in the US or anything that would constitute a threat to depositors in the UK.” The action against Daiwa was the first against an over¬ seas bank by the US authori¬ ties since the Bank of Credit and Commerce International was shut down in July 1990. Yesterday, the Federal Re¬ serve said that Sumitomo could absorb Daiwa’s US operations before expiry of the 90-day deadline to shut down. In the meantime, Daiwa said it is to fight die criminal charges. If found guilty, the bank faces penalties of up to $13 billion. The Daiwa affair raises questions of bank regulation around the world and strains relations between Japan and the US. when US liquidity may be needed to ease any farther strains that emerge in Japan’s troubled banking system. Last night, a senior Ameri¬ can banking monitor said that he thought Daiwa represented the problem of an individual institution and was not a symptom of a wider problem. Jim Leach, chairman of foe House Banking Subcommit¬ tee, said: “While this may symbolise certain problems in transparency in foe Japanese banking system, this is a movement against an individ¬ ual bank in very much the same terms as an American bank would have been moved against" He believes the Bank of Japan and foe Japanese financial system have suffi¬ cient resources to deflea any systemic risk. Howard Sims takes over as chief executive of the new Cavaghan & Gray Group Life Assurance could be the most important thing you ever buy for your family Call free on 0800 3 6 3 42 2 Providing for your family if anything happened to you is too important to leave to just anyone. But why choose Britain’s best4oved high street name? Because u Marks & Spencer we have developed straightforward financial plans that meet our customers’ needs. So. you decide how much cover you want and how much you would like to pay. There's no pressure and you won't be paving a salesman's commission. YOUR MONEY REFUNDED IN FULL And. as you might expect, we have a special money-back guarantee If during the first three months you decide our cover is not right Tor you. we will return all the money you have paid, without any deductions. Now you (fan biiy itfrorn Marks & Spencer. HOW TO FIND OUT MORE Along with a life assurance plan to safeguard your family, we also have a plan to provide you ■with cash il senous illness strikes. To find out exactly what they could do for you. call for our free information pack on 0800 363 422. Our staff are available from 8am to 8pm weekdays, and from 8am to 5pm on Saturdays. Sam to 8pm weekdays. 8am to 5pm Saturdays. Pbn £7 pt, rnomft. Scnotn UTimi n mmw WwflOptr ■MMfc- Wild If any ow DATA PROTECTION Wr imW four « 3 mo uu ngU, t* nattk tft ftarta A Spencer ffXMv to> rartas* puipoco. Im wn nup imd you rfnafe Anui odw, Hub B Sparc pwdi M lerwtet Plene iNcpftonout if fOadonot wBh toncefce iN mi i imm VVr ini’ iffepKone |Bi To confirm mm of your I Marks & spencer LIFE ASSURANCE LTD Mm md Sparxcr Lite Aamnrn UiMtd. fcewxd Hdad Homo. tarrSuna. Lam* WIA ION hsmaml m Enpbrd No. iBM» ■UfBMod bf 6m Pwwul Innn fwtramj. Kiffa mt Spnur Ur Aauntnet h pjrr at tht M^j * Spmcm FutocMf Scrwo Wouy firm am Ar h aii w u war M*rta J> Spcnffy Ffcuivttl Wuca Struggling Dalepak and Cavaghan merge By Robert Boyd DALEPAK. foe troubled York¬ shire frozen food manufactur¬ er which supplies the likes of Tesco and Asda. is to merge with Cavaghan & Gray, the private chilled food company. The move values Cavaghan & Gray at approximately £43.4 million, compared with Dalepak’s market value of £12.3 million. The new en¬ larged group will be called Cavaghan & Gray Group. Howard Sims, Cavaghan & Gray's chief executive, will become chief executive of the enlarged group. Dalepak, currently showing a loss, proposes to raise £13 million by way of an issue of up to 143 million new Dalepak shares at 105p each. The offer is 31 new Dalepak shares for every 25 existing shares. Mr Sims said: “There is a large demand for capital in the food industry and we have to keep investing. In the past we have had to borrow, so this merger is ultimately the way forward." Tempos, page 28 Trial breaks early for ‘tired’ Kevin Maxwell THE Maxwell trial adjourned early yesterday after Kevin Maxwell declared himself “knackered” from three weeks in foe witness box. Nearly half-an-hour before the court's normal rising time. Alan Suckling, QC. prosecut¬ ing, told Mr Justice Phillips: “It has been drawn to my attention that Mr Maxwell has been in the box all the week — I don’t know if he is tired.” Kevin said “I am knackered", to which the judge said they could have a slightly earlier weekend. During the day, Kevin said a lie he had admitted telling to the Bank of Nova Scotia about the status of shares being used as security for a foreign ex¬ change deal had become “a huge millstone around my neck". Kevin, 36. denies conspir¬ ing with his father to defraud the pension funds by misusing E100 million-worth of Sritex shares. He. his brother Ian.
• and Larry Trachtenberg,
• deny a similar charge concerning £22 million-worth of shares m Teva, another Israeli company. The trial was adjourned until Monday. Ttsurasr mms Auarates — Austria Sch ... Belgium ft — CanadaS — Cypne CypE . Denmark Kf ... Finland MU - Fiance Fr —— Germany Dm . Greece Dr . HongKongS Ireland PI — Israel SNc — Italy Lira Japan Yen — Mafia NetharfdsGld New Zealand S Norway Kr Portugal Esc S Aksa Rd Spain Pta — Sweden Kr — SMEartand Fr Turkey Lira .... USAS Bank Buys 2.19 1682 4&21 Z23\ 0755 932 733 8.16 2.40 386.00 12*5 1.03 5.1700 p e o e nn 17B.00 0.597 2.671 2A5 1050 24730 ref. 200.50 11.12 1.94 refer 1.670 Berts Sets 2.03 1552 44.91 2J071 0.700 852 088 7.51 2.19 380.00 11.65 0.95 4J2QQ 247000 162.00 0.542 2.441 233 9.70 22900 5.43 18700 1042 1.70 77636.0 1548 Rates for small denomination bank notes only as supplied by Barclays Bank pic. Dtflaienl rates apply to trawflera' cheques. Rates as at cfcrae of trading yesterday. THE SUNDAY TIMES Britain’s overpaid executives Who is Britain's most “overpaid” chief executive? Find out tomorrow in our exclusive survey, which pinpoints the leaders whose pay outstrips their company's performance. Plus: the other side of the coin—Britain's most underpaid bosses Business — Tfte Sunday Times tomorrow Costs of equality action‘can be high’ EQUAL opportunity policies for business are compatible with economic efficiency, leading equality' campaigners said yesterday. However, although the Government’s Equal Opportunities Commission emphasised the busi¬ ness case for equal treatment, it acknowledged in a new research study on the economics of equal opportunities that foe cost of implementing such policies could be high. Kamlesh Bahl. foe commission’s chairwoman, said that although foe ethical case for equal opportunities still formed the core of the argument in favour, it was now “legitimate” to consider the economics of the issue, with a “groundswell” among employers for examining it that way. Commission leaders will put the case for' equal opportunities directly to employers at a conference to be held next month, wltich will be addressed by Padraig Flynn, the European Commission’s Social Affairs Commissioner. Rover recruitment drive ROVER, the car manufacturer acquired by BMW in 1994. is to recruit 300 specialist engineers by next spring, it was announced yesterday. It brings the total number of new jobs announced this year to 4.000. By foe end of next year. Rover will hare increased its workforce worldwide to more than 40,000 — the highest level for more than five years. John Towers, chief executive, said volume sales were still up 4 per cent worldwide in the first nine months of this year. Ciro extends offer CIRO Holdings has received acceptances in respect of 34 per cent of Country Casuals, the fashion retailer, for its £27 million hostile bid. Ciro, headed by John Shannon, former chief executive of Country Casuals, has extended the !40p-a- share offer until November 16. Acceptances include Mr Shannon’s 19 per cent stake and Philips & Drew Ftmd Management’s 13 per cent interest, committed at foe beginning of rhe bid. The shares were unchanged at 140p. Alliance Resources slips SHARES in Alliance Resources fell yesterday from the Sep¬ tember suspension price of 4p to 1.5p when trading resumed after the oil and gas exploration company disclosed an $18.2 million loss in 1995. including $16.7 million from the revalua¬ tion of oil interests at the Valentine field m Louisiana. The company said it was “vigorously” pursuing legal action against John O’Brien, the former chief executive. Mr O’Brien is defending the action. UK Safety stumbles SHARES in UK Safety fell lip to I9p after the company, which manufactures industrial and military footwear, warned investors that weak demand had caused a shortfall in sales in the nine months to September 30. with a significant impact on profitability and cashflow. The interim dividend of 0.8p a share, already declared, will be paid on December 15, but foe payment of a final dividend will be reviewed in the light of final results for 1995. Wwhy OW EAKFHW ■ nn IIA/AMT Tn nitmi mu 1 I DO I WANT TO OWN AN 1 OSTRICH? . ■ Far private individuals and corporate buyers the ■ ( Ostrich Farming Corporation looks after the birds | far you, offering the purchaser:- I 51.8% minimum annual return. All year round Income. The commercial breeding Dfe of tbe ostrich is 25 years. An asset that continues to appreciate and is wholly owned by you. The opportunity of Capital Gains Tax u benefits. B | Outright purchase with single payment ■ Various purchase levels.

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  A WORKING WEEK FOR: JO CUTMORE Top headhunter displays her Prowess Vi ctoria McKee meets a company chief who altered her working life to suit DBS JENSON the needs of her family, staff and clients PjjLOnday 3 ESjuesday 1 Wednesday ] Thursday 3 plriday a JO CUTMORE leads die sort of “portfolio" fife that she recom- tnends to those who seek her services as a headhunter. “If I’d been an inflexible, fiat- cat recruiter. I'd be dead now," she says , frankly. "I had to di¬ versify m order to survive." The 42-year- old former head of search and selection at what was Arthur Young, now Ernst & Young, who set up her own company. Jamieson Scott, in 1986. has branched out over the past three years into providing interim managers and non-executive directors for a wide range of public and private sector organisations, as well as into framing and advice for both com¬ panies and individuals. That comes under the auspices of Prowess, formed three years ago to challenge ProNed. Just as the profile of the nonexecutive directors Prowtess provides is las conven¬ tional than that of ProNed’s — “not all fifty something white males." says Cutmore — so her own working life has become less conventional. "We have to accept that people's lives are no longer rigidly structured for fife between nine and five, and offer greater flexibility to our clients as well as to our employees," Cutmore says — practising what she preaches with admi¬ rable aplomb. A mother of four children aged from two to 11, she hasn't skipped a business beat because of any of them. Her tall, rangy physique helped her to disguise her pregnancies in eff¬ icient-looking business clothes until the last few weeks, and she was breastfeeding Betha¬ ny, her youngest, when the baby was five days old, on her way to a meeting with the Equal Opportunities Commission in Manchester (whose chief executive she had been asked to find). "It seemed appropriate, somehow, at an EOC meet¬ ing, to arrive with nanny and baby in tow" she chuckles. At other times, when itls not appropriate for her hand to be seen rocking the cradle, she claims to be in a meeting. "You can do that when you work for yourself,” she points out. “which is one of the reasons I started ray own business when Sam, ray first child, was a year old. If I really need to do something with the children, like going to a school sports day. or taking Sam to look around Eton —as I did recently — I know I can do it by writing my reports at night" says Cutmore, who offers the same flexibility to her largely female research staff, many of whom "down tools” at school leaving time and resume work in the everting. "Combining home and business fife is something I’ve become quite adept at. meeting candidates at all times of the day and night—at home, in hotels, in airport lounges, railway stations, anything to accommodate. That is the service which in the search industry is vital." She equates her company with “Russell Reynolds, Egon Zender. Spencer Stuart— the big international search firms”, but claims that Jamieson Scott can be more competitive with fees because of its comparatively low overheads, with a modest headquarters at a Belgravia address, and staff who work in clusters in Essex and Chiswick and also, like Cutmore. from their homes. “We cut down on overhead frills, and spend the majority of our fees on research. We don’t rely (Mi databases—most is fresh research for each assignment, with a database only used for sourcing." she explains. She won’t talk fees, though, except to individual diems, because they — like almost everything else in her business — are a mailer of individual negotiation. Cutmore's husband, Mark Scott, be¬ came one of her nine partners five years ago. smoothly enlarging his portfolio after a career in computer software. They enjoy working together as they met while both were tutors at the Finandal Training College in London. Married for 13 years, they know each other so well that they can substitute for each other at meetings in an emergency. He was put on standby to do her big speech on non-executive directors for the Institute of Directors this year what she was ill, but in the event she was able to deliver it herself. “The children find die concept of a holiday with their parents an amusing idea because, invariably, one or the other

  of us will have to inter¬

  rupt a period at our house in France to return for a client interview." Cutmore says. “When you work for yourself there is more of a sense of 24-hour commitment, and we have faxes, modems. PCs and sev¬ eral telephone lines in

  France, where we go in

  the school vacations, and at our weekend cottage in Norfolk. It's only three-and-a-half hours door to door from FTance to our headquarters in Eaton Square, and we often do it if the job demands it" But having one secretary whose voice sounds almost exactly like hers gives Cutmore a little extra freedom if she needs it, and the ability to appear to be in two places at once. A typical week, she explains, going through her (on-screen) diary, might be: Monday, 9am: meeting (with Prowess hat on) with a public sector body’s human resources director “keen to release some of his executive directors as non-executive directors in the private sector". Ham: back to the office, as Jamieson Scott, for a meeting with “a very senior military person coming for personal advice on career redevelopment, having left the Army two months ago". No time for lunch: straight into three interviews with job candidates. lasting until the end of the day. Tuesday. 9am: meeting with “a man from a major airline, just retired, who, in contrast with the military man on Monday, is embracing his new portfolio career". A late-morning meeting was followed by lunch with a human re¬ sources director thinking of joining Cutmore’s company. 2pm: off to the Institute of Management for their Project Chedc-a-Board — again The children find the concept of a holiday with their parents amusing Jo Cutmore practises what she preaches with admirable aplomb and manages to balance a hectic work schedule with a as Prowess. “It's a project to look at the skills and competencies needed by indi¬ vidual directors on a board." It took the rest of the afternoon. Wednesday. 9am: meeting with a big pharmaceutical group to take the brief to help them to find a managing director. “We were hugely relieved to find that the group finance director we put in a year ago has turned out to be a huge success, and that the group chief exec“is thrilled with his performance. The reality is that you can do a wonderful search exercise but it’s not until a year later, when something like this happens, that you know how successful you’ve been." Lunchtime meeting, as Prowess, to discuss a large piece of work for a former public utility board now in the private sector “which has commissioned us to take a tier of its senior management into portfolio careers". Most of Wednesday afternoon is spent planning course out¬ lines and vetting lists of speakers. Thursday: "My 9am interview didn’t turn up so 1 could make 3.000 extra phone calls — bliss." Ham: meeting with the chief executive of a small listed pic who had heard about Prowess and wanted to recruit a non¬ executive director through it “It emerged that he also wanted to become one himself with a blue-chip organisation such as Marks & Spencer. Kingfisher. BA. Cable & Wireless or one of the others with whom we work.” Noon: interview with a corporate finance person for a client looking to recruit one for its Midland office: 2pm: interview with individual keen to set up a branch of Jamieson Scott for us in Bristol — “a distinct meeting of the minds that looks as if it will go ahead". Late aftemon: “Picked up the boys at school to go to look at Eton. Had no idea we were in Prince William’s house until we were asked if all the publicity would bother us. Should have known it was special from the won¬ derful upholstery that looked like the Ritz rather than a boys’ school like the other houses. 1 wish Betha¬ ny hadn’t chosen to fill her nappy in the Mas¬ ter’s study. To make up for that trip. I worked late into the night" Friday. 8am: “Got Sam off for a school trip to the Peak District. 9am: began interviews for the Commis¬ sioner for Public Appointments.

  ^{ftonday Z hfeuesday iffednesda) Lq jphursday priday 3 “Jamieson Scott was selected by the Cabinet Office to handle the search to fill this post, recommended by the Nolan committee, that reports directly to Parliament.” 1030am: appointment as Prowess with the Department for Education “to discuss how we can assist them to identify quality non-executive directors for their non- departmenral public bodies” Lunch is spent with the civil servant wife of a prominent Labour politician. Afternoon: “Continued calling candi¬ dates for the chairman of a buyout bid for a bit of British Rail. Collected kids to drive to Norfolk, where 1 wrote up the report on the pharmaceutical company and the BR buyout and prepared for a meeting at one of the financial regulators scheduled for Tuesday — Jamieson Sam is assisting them in finding a finance person. “I also settled in a new housekeeper, arranged for the nanny to go back to France to get married and for my parents to come back from Norfolk to London to step into the breach." Weekends can be as hectic. “At Sunday lunchtime we were having a small family gathering of 15 or so and I discovered someone had stolen the barbecue. Tried the oven, and it blew. So ended up feeding 15 people with one ancient fondue seL" Cutmore remembers the 1980s as "a period of great satisfaction” in the headhunting profession. “The last five years have been more challenging, but. as a business without major infrastructural costs, it’s been very easy to react to market conditions, and the result has been a significant gain," she says. There has also been a signi Scant gain on the family front, with two of her four children born during this period of intensive profession¬ al development and diversification. “1 have endless admiration for people who can manage that in a big corporate structure." says Cutmore. “I’m sure I couldn’t have." Leisure facilities help Shell to keep staff in the swim I n a higb-stress, higb- actfon business like off production, finding time to keep healthy can be diffi¬ cult for senior management Bin making sure employees are kept in trim has always been a priority at SbelL Tucked away in the base¬ ment of the company’s head¬ quarters at the Shell Centre on the South Bank in London is a swimming pool and gym complex to help to ensure that employees are always fit for action. The complex was induded in the original {dans for the Shell Centre when it was constructed in the early 1960s. At ffie time, i t was unique, providing the largest on-site corporate recreation area in Europe: consisting of the 'pool, a gym, squash courts, snooker tables, a sports haff and a 338-seat Alasdair Murray on the philosophy behind a corporate recreation complex theatre. Comprehensive as die sporting facilities am they are dwarfed by ft> e sheer vastness of the Shell Centre itself. The building was de¬ signed by Howard Robert¬ son. foe Scottish architect credited with initiating the much-derided tower ami po¬ dium style of the 1960$. The Shell Centre was built by Robert McAlpine be¬ tween 1957 and 1962, al¬ though it was 196S before it was officially opened, upon die completion of the formi¬ dable t»sk of fitting out die offices. It is a labyrinthine bmklmg of 1*8 million square feet of office space on a site of seven-aod-a-haif acres with a mind-boggling 7.000 windows. 88 lifts and 12 escalators for die 2300 em¬ ployees who woric there. Critics have described the buffeting, with fts white, im¬ posing, faceless towers, as “hideous and inhuman". Its admirers, on the other hand, have stressed bow it reflects die power and continuity of Shell although they may be influenced by its proximity to die more maligned South Bank Arts Centre next door. Whether it is refief from their jobs or the architecture, the pool attracts 2.000 visi¬ tors each month. It is open to any Shell employee who is a member of the Lensbury Social Club and about 200 Tbe pool at the Shell Centre plays ariimportant part in the community relations campaign people each month make the short trip across from Shell's other London building, in the Strand. The pool also plays an important part in Shell's community relations cam- • paign. Each weekday morn¬ ing, three local primary schools make use of the facilities, and on Saturdays the pool is regularly em¬ ployed for gala events by local cadets and Scouts. Sponsored swims and charities are also frequently organised by Shell employ¬ ees, and the Otter Swim¬ ming Club, one of the oldest in the world, is a regular user. The pool and gym com¬ plex is a monument to less cost-conscious corporate thinkin g in the 1960s and 1970s. While other com¬ panies have spent the last ten years selling off their sport¬ ing facilities. Shell still pos¬ sesses an impressive array of facilities, including an out¬ door centre at Tedffington in southwest London. Fears are growing that the end of (he coiporate- sponsored swim is ap¬ proaching, as Shell follows its cost-cutting peers and launches a big restructuring programme that indudes a 30 per cent cut in head office jobs. However, Peter Turvey. manager of the Health and Fitness Unit feels that the pool has a vital future in the company’s life. He said: “It is a central part of the compa¬ ny's health promotion cam¬ paign, helping with fitness and stress retiet” 7- 5°/c Tax Free Income* The new M&G Corporate Bond PEP invests in units of The M&G Sterling High Interest Fund, one of the largest corporate bond funds on the market. • No initial charge • No withdrawal fee after 5 years • No UK tax The new M&G Corporate Bond PEP gives you a sensible way of achieving a high level of income exempt from all UK personal taxes. The capital value of, and income from, units are not guaranteed. For details return the coupon or telephone (01245) 390 000 (24 hour literature service). For your security all telephone calls to M&Cs Customer Services are recorded. The Est ima ted gross redemption yield on The M&G Starfeig High Interest Fund within The M&G PEP as at 27th October 1995 was 7.5%- The estimated gross tfisbibutton yield was 7.7% as at 2701 October 1995. “The inclusion of bonds inPEPswili provide the missing link between deposits} | and equity unit trusts Many savers need high income now, and for them bond PEPs will be ideal.” Source: PhipWariand. Dnctor General at TbeAssocsatan at t-Mf Trusts end Investment Funds. The M&G Group, Bristol BS38 7ET. Please send me details of the nev^ I M&G Corporate Bond PEP. NO SALESMAN WILL CALL You should contact your independent financial adviser (if you have one) before investing. The price of units and the income from them can go down as well as up. The value to you of the tax benefits will depend on your own circumstances. The tax regime of PEPs could change in the future. I I I I I I I M&G does not offer investment advice or offs- any recommendations regarding investments. 1 We only market the packaged products and services of the M&G marketing group, ■ Mr/MtsS Miss INITIALS SURNAME ADDRESS POSTCODE NFACRT kbapd by M&G Hnancte) Services Limned. ifkg^atetj tiv The Person# Investment Authority.) MSG UnH Trusts am managed by MSG Secunifes Limited. (Regutsed by JMflO and Tha Parser a> bivesunem Authority.) Me never make yor name and aotocs awtabfe to inxmecHl ugansam. We w ooasenaty te# vwi atxut other trains cr sences Bfierad t* wuhes m Bssodaed USO CorfBMs TXfrgieUtt | ) 1 hm woUB ureter net to reeowe the lAnnsxiL Managing your money for the longer term The new M&G Corporate Bond PEP 28 MARKETS / ANALYSIS THE SATURDAY NOVEMBER 41995 New York (midday}: Dw Jones_ S&P Composite_ 589.42 HJJOl Tokyo: • Nikkei Average_;dosed London loses steam after Wall Street sets record Hong Kong: Hang Seng- Amsterdam: EOE index Sydney: ao_ Frankfurt DAX_ Singapore Scabs THE London stock market failed to maintain the early blistering pace that greeted news of another record-break¬ ing run overnight on Wall Street Profit-taking and heavy sell¬ ing of the financial fixture meant that the early gains were wiped out. leaving inves¬ tors nursing sizeable losses, on paper at least by the close. The FT-SE 100 index touched 3.539 in early busi¬ ness. before briefly dipping below the 3300 level just before the dose. It ended 22.6 down at 32500.4. a rise on the week of 225 points. Turnover reached 7183 million shares, with heavy turnover recorded among several leading com¬ panies. Glaxo Wellcome dropped 20p to S51p as a total of 32.6 million shares changed hands. Brokers are becoming increasingly worried that the group will be hit for six by the taxman after its acquisition earlier this year of Wellcome. BT was another busily trad¬ ed stock, dipping 8p to 370p as 22 million shares were recorded. British Steel also featured strongly, with the price drop¬ ping 7p to I53p. Kleinwort Benson, the broker, was reck¬ oned to have struggled to find a home for 6.4 million shares ar 154p. Its job was made that much harder by publication of a sell note by rival SBC Warburg. British Airways climbed 9p to 474p ahead of interim figures on Monday, which brokers say should make good reading. Pre-tax profits are expected to climb from £263 million to £290 million. The demand for the shares was underpinned by news that passenger traffic had climbed almost 10 per cent during October, while Robert Ayling has been appointed chief executive. BSkyB fell 7p to 366p as the Church of England re¬ inforced its ethical stance by- selling more shares in the company. Several large lines of stock were reported, includ¬ ing two totalling 7.6 million at 369p. The Church of England made its derision after the satellite broadcaster began transmitting the Playboy Channel. Shares of Asprey. the Queen's jeweller, surged H9p to 246p after confirming the report in The Times yesterday that it had received a bid approach from a company I if BumsHAflPffigs i BA was up 9p ahead of interim results on Monday controlled by Prince Jefri of Brunei. The terms of the agreed bid are 250p a share, valuing the entire company at £243 miltion- The offer has already re¬ ceived acceptances totalling 51.7 per cent, bur the Asprey family will continue to retain an interest in the company. Asprey reported a first-half drop in pre-tax profits from £3 million to £13 million. interest charges has also been reduced. The food retailers have been under a cloud for much of the week. Yesterday, the focus of attention switched to the food manufacturers as Dalgety fell 20p to 401p alter a profits downgrading by BZW. It has cut its forecast for the year to June by £7 million to £140 million and for the current year by £16 million to £150 Serna Group rose 8p to 508p in thin trading. Talk in the Square Mile suggests a big stake is about to change hands which could result in someone acquiring more than 20 per cent of the com¬ pany. Brokers were claiming that a parcel of 25 milli on shares is up for grabs. At these levels Sema is capitalised at £471 million. Cordiant. the old Saatchi & Saatchi company, rose 8p to 92p after revealing details of its rights issue to raise £127 million.The terms are one-far- one at 6Qp. Proceeds will go towards reducing debts, which at the last count stood at more than £200 million compared with the group's stock marker value of E203 million. The group has also arranged a new revolving credit facility and the level of million. The gloom also ex¬ tended to the likes of Associat¬ ed British Foods, down 20p at 688p. Booker. 14p to 360p. Northern Foods, JOp to I69p. Unigate. lOp to 4G5p. United Biscuits. 7p to 261p and Tate & Lyie. 5p to 447p. Among the food retailers Sainsboiy shed a further 7p to 384p and Tcsco 3p to 283p. Cautious comments from Kleinwort Benson, the broker, left Allied Domecq I2p lower Ifci. 1 y? f. Asprey ..248p J Sainsbury. ,384c J Sainsbury..384p Tetepec...£10.40 Ufe Sciences InL.90p LeCreusa.I8ip Evans Hatehaw....304p UK Safety.19p CluH Resources..82p Nomveb.£1151 j Brunei prince bids 250p a stare ..Loang ground in food price war .Institutional buying ...Profits warning ..—.Plans to go private again .-..Profits warning .-..Profits warning .-. Bid approach ...North West Water bid go-ahead LONDON COMMODITY EXCHANGE COCOA Dec--- 91741b Mar — 1040-1037 Mar--MSW May-10U0-1Q56 May-Jul-tint) Jul- 987486 Sep Sep- 1004-I0Q2 Dec .....— IC2M0I8 volume 7667 ROBUSTA COFFEE 0) Nov- 2450-2440 Jul — .. 2130-2125 Jan-2311-2310 Sep-20SX3960 Mar-2247-2246 NOT_ 2050-3033 May-2172-2170 Volume: Z\ 19 1C1S-LOR (London fcOOpm) CRUDE OILS {tlharrd FOB) Brent Physical- [6-85 +ojjs Brent 15 flay IDeq .. 1640 n/c Brent 15 day pan)- 16.40 n/c W Texas Intermediate (Ded 17.90 n/c W Texas Intermediate pan! 17*5 n/c GNI LONDON GRAIN FUTURES WHEAT (dose Vt) BARLEY Ktotet/n New--- 123.15 Nw-114 SO Jan-125 JO Jan_117.50 Mar- 125.70 Mar — -119.50 May-129.40 May -121 50 WHITE SUGAR (FOB) Barters Aim-J21.0-3U Spot 389.5 CW-291.940.5 Dec -3660423 Dec-288J-85.S Mar- 337 0-36J Mar_ 286J-83J May -J285-27J Volume: 2567 MEATS LIVESTOCK COMMISSION Average fautock prices at representative markers on November 2 (p/kglw) Pi? Sheep Carrie CB- -.-— 10083 107.47 127.98 I/H-- 3.94 *29| <155 EngAVaUs: - 100.77 107 80 12759 l-H--3.94 .280 -OJ2 (V--4.(1 *10fl -4J3 Scotland: _ — I07J3 105J. 129.99 —. *365 *158 -1.72 1*1- -40 -laJ -5.0 PRODUCTS (S/MT) Spa Cl F NW Europe (prompt dethvey) Premium Gas .IS BiS4(*2) O. 186 i*a Gasoil EEC- 158 (*ll I59|*lj Non EEC JH Nov 158 «-»■) 1591*1) NonEECIHOec !5Sril) 159 f|| 35 Fuel Oil- 85 el) 87 eil Naphtha- 155 (l) I56in/c) IPE FUTURES (GNI Lid) GASOIL NOV — I56P0-56-25 FW> . 153.51W3.75 Dec— I55J5-5550 Mar. 15225-5250 Jan — 154 JO-54.75 Vol: 21905 BRENT (6.00pm) Dec- 16.60-16.61 Mar-. I6J4-I6.C8 Jan - 16J8-I6J9 Apr_15-97 SLR Feb- UL2I-16-Z2 Vd: 16345 Jul-131X0 Sep_109.50 POTATO (t/0 Open Close Nov_imq 1750

  Apr —- 2880 2840 May-unq 3300 Volume 125 RUBBER (No I RSS CH pJh) Dec_101.75-10125 B1FFEX (GNI Lid Sld/M High UJW nctse Novas 1645 1630 1636 Dec 05 1670 IMS 1655 Jan 06 1672 1640 1659 Apr 96 I66C 1630 1631 Vol-410 lots Open Interest 3662 index 1542*4 (OflieiaA (Vohnne prev day) LONDON METAL EXCHANGE Rudolf WoUf Copper Gde A Q/ionnet- Carfc 291SO-293JO 3mlfc 2792 j> 27950 Vol: 2792400 Lead (I/tonrun- 689X(KAIoa 68ft-VF«89nO 202525 Zinc Spec HI GdCB/tonnel... 10480-10483 10680-10683 746625 Tlntsnnnnet- 636 so6jtoo 638006mo 32405 Aluminium HI Gde Rrtonne) 16700-16710 17050-1706.0 1801075 Nlctel fj/fonnel- 8770087800 8885X38887.0 106530 {.uteoimbNs

  Series Jan Apr Jri Jaa Apr Jo/ AlldDom. 460 J9% 46 48’. 7'.- Iff. 18 cvmo mo Argyll.— 280 rz»l 300 ASDA_90 na ioo Boots_mo I-S35M 550 Br Alrvovt 4o0 P474I SM BP-460 1‘466'd 500 Br Steel .. 140 HEftl 160 C*W-433 1*423 460 13': 23'i & 23'. 31 M. 11 20 23'i »: || |4 4'r b% o 41J 52-: 5ff: 13'.- 23": Jff. 26 38 45 Ki 19 25’. 18', 28', 3?, 4 Iff. 16 14’, 184 21 3% 8 IP Iff: 34 4ff, 5 1 , 17 23. 25'.- 29 Jff. S’; 9 14': 14'. 18 24 2': J', 5 7 a>, 9, 6 O’: 15 27 31’: 3ff« i2 id a> 34', 38 4 y. It 17% 215 38': 42 45 2 Ti tfi II*, 13 l&i IS 1 ! 2T: 28', 42 1 . 47 SI’, _ Series Jan BAA 460 41',

  1*4961 500 IP, Thames W 500 31 1*5241 550 Id TaB* Apr Jtd Jaa , S3 59 4 28 34', 18'. 44 SI'. 11 21'. 27 41’,

  Series Nor Feb May Nov ftbMav BAT Ind - 5(0 28 45 1 , 51% | 350 V: 19 21 35% 43 51 BrAem— too I9-, $1 62% 7 % mrd 7» 2 26 40 39 N9i) 420 Nn Wen- 60} rW6',J 650 Sainsbury 360 P384) 390 Shell-700 rm 750 SntKl Bcb 600 (■6 J4y BSD srorehse- 280 ras joo T rafalgar 20 |23i 25 UDLIcrer. 1200 ria»H i 2 so Zentfi— 1150 riisi'i) 1 xu _. 600 57% 47 56 14 28 33 Guinness 500 12% 30 36% 3 12
• 650 16 23 33 41.

  ST, pson 550 a 14 42 43 49%

  750 42 52 62 13 28 32 GEC 300 ID Z2% 30, 1 6 ‘i 9 ao a 16% 26 JT*: 38*! (-314%! 330 1 T: 15 16 31% 73 28 Hanson — 4
• 3 10 — SCO 10 19 25% 34 50*i {193 211 D 2%
• 19 24% — 37% 49 LASMO_ 140 12 IT.

  20 ff, 4 6 600 a 20 25 27 29% 42% run 160 1 7*j 10 9, 13 19,

  . J9J 2ft: 31 36*, 7 Lucas,—- ISO I8*i 25*: 28% 0 3 S% 420 15% ar, 22*: 26% 30% H98) 200 1 13% 16% 5 up. 13% S3 61 72 23 33 46 29 38': 42 i 12 21 Sh 42': ST: 57*, B Sfi 29 29*, 4S'» 53>, 3', ffj II 16 19 74*i 4*: 14 IS l*196y 200 3 Vi 155 7 Prudential 390 »5 36 385 2 Series Abfiy Nai 500 l-SW 550 Amstrad.. iso (WO xw Barclays- 750 C7S8 SOD Blue arc. 280 P293M 300 Br Gas— 220 rzJJJ 240 DUO ns_ 360 [■386J 390 RWle-240 raw 260 Tarmac— 80 ran 90 HUIsdwn. 140 (153*8 160 Lnnrtio_ I 40 ns® i« Seats-loo nofl no Thm Eml 1450 f*14S6*il 1500 TomUns- 240 C2fR 260 T5B-360 r779'd 390 Ca& Pee Mar Jwa 44 56 58 13 26 30 It 26 S3*, 8 H 2J* 34 44 53S 6*: 21*, 32 2ff, 30 33 9 19 22 18 24 », &. 129 IP, 325 42 5ff, 13 25 335 18', 255 285 65 135 17 6 iff, ir, I 1 , 6 7 13*, 17 18 2 7*: 75 20 22 IV: 6 9*. 13 65 9, II 2 4*: 6 51 88 124*, 29 64 98 12 185 24 3*i 9*. 145 22 25" 33 5*: 8*: JS5 Pats Pec Mar ha 4*. 15*. 185 22 Jff, 43 8 14 175 19 249 28 19 38 449 52 69 74 4 9 159 09 18 259 25 fi 9 II 14 Iff, 35 10 13*. IS 225 26 2 6 9 95 145 18 2*. 45 7 8 105 125 1 3 5 10 \2 165 05 3 3 6', 109 II 15 35 S 7 9. 105 37*. S3*. S7 66 81 tt, 5 10 12 Iff, 21 23 45 13 16 18 30 »: Rrtland- 330 14*. 25 If. 23 I (ft 13 235 29 2S5 38 42 459 58 68 8 IS IS 17 30 415 ®5 375 405 145 215 28 8 12 155 5*. 12 185 Iff, 23 36 5 65 J: 25 3 4 25 45 6 55 6 7 UK 5S 66 23 41 49, 125 31 425 SS 685 74 74 995 119 285 SI5 615 465 77. 919 SI 75 B4 R-Royec— 140 Iff, 16 18 ff, nsn >60 05 0 8 105 TteCO_30 75 18 22 7. 1*28351 300 I 9 125 Iff, Vodafone. M3 iff, 37: a ?. ra« 280 19 12 18*. 13 GUroweD 850 37 » Uf: 27i 4CF: 47 (Wd 900 16 275 4ff, Jff, 69*1 79: HSBC-<«> 715 9451055 175 39 48*. 1*943) 9S0 42 65 785 77 625 715 Reuter— 55P tf, 555 67 125 305 3a f5751 600 17 29 41', 3S 44 50 Williams - JOO 14 235 27V I 1*3125) 330 05 8 115 18 FT-SE INDEX (34995)

  3350 3403 3450 3500 3550 3600

  Serin Jaa Apr Jni Jaa Apr id Royal Us. 3(0 38*1 475 « 5, |S5 21', 1*388) 390 » 30 » Iff, 30 355 Series Nw fthMny Ntw FtfaMar CntdMtt. 4SB 16 »'. 36 35 IB » 1*432) 460 2 13 IS » 42 43 Ladbrote.. 140 145 19 ay, 0 2 4 (*154) 160 I 7 S', 7 10 13 Old BJsc 260 65 17 X 55 12 Iff, r26» 280 1 9 16 19, 23*1 28*. 197 1109 69 36 15 4'« l£V, 145*. 108 769 5Q*, Jff, 2055 168 139 104*. 799 58 2255 (88 1569 126 [Off, 78
• 239*. - 180 - l» Serial Pee Mar jg Dee Mar i— Hjons — 260 S 5 55 05 1 0 1*2641 280 C 0 0 li II 2D NwwBber J. WTol: 39911 Calk IM73 Put 24438 FT-SE Caft 4998 Pot MC4 •Underfyft^: security prte. 5 85 W JT iff . m 219 33 479 68 44V IZ7 Jff. 49 66-, 87 1139 14ft 46 58 769 97 1C. 152
• 107', - 147 - 1955 Series \w MMaviVtfu FcbMay

  Eastern Gp 950 2ff, Jff: 29 ffi ff. 1 1*975*.I 1000 ff, OK ff, 25 30 31

  Sale Dec Mar Jca Dec Mar Jua Natirar- 460 a Jft 5ff, SK iff, it, T48« 500 7 IB 28K 23-: 29 365 Scot P*r- 330 25 30 37 35 S', 10 rjwy 360 8 IT. 205 15 a 24 at 494p ahead of half-year figures on Monday. Country Casuals marked time at 140p. Ciro. the com¬ pany controlled by its former chairman John Shannon, says it will not be increasing its offer for the company. Coun- ' try Casuals described the level of acceptances for the offer as pitiful. News of a bid approach continued to drive shares of Cluff Resources, the mining exploration group, higher. The shares added a funher 7p at 82p, extending the lead during the past couple of days to32p. Speculative buying pushed Yorkshire Tyne Tees Tele¬ vision. the independent broad¬ caster. 19p higher at 599p. with the warrants Up better at 392p. Brokers continue to ponder the consequences for the group on the opening up of restrictions on media cross¬ holdings. LWT Holdings, which holds the London week¬ end franchise, continues to hold a 14 per cent stake in YTTV with Pearson. 5p easier at 625p, accounting for a further 13.1 per cent of the shares. A profits warning left UK Safety lip lower at 19p. while an upbeat trading statement lifted Hozelock. the hosepipe equipment supplier. 17p to 434p. Since the interim figures were announced, trading had continued to meet the direc¬ tors' expectations. □ GILT-EDGED: Dealers had to endure a volatile ses¬ sion as prices bounced be¬ tween some better than expected economic news and the emergence of profit-takers. The US non-farm payroll numbers showed a rise of 116.000. which was slightly better than forecast, but the market was unable to glean much benefit with prices drift¬ ing lower towards the close. In the futures pit, the De¬ cember series of the Long Gilt finished £ ia /j 2 lower ai Llffl'/iz as the number of contracts completed rose to 66 , 000 . In the cash market. Trea¬ sury 8 per cent 2013 dropped E 1 to E99 3 / 32 . while at die shorter end Treasury 8 per cent 2000 shed £% at £102. □ NEW YORK: The direc¬ tion of interest rates continued to preoccupy investors on Wall Street and shares remained steady. The Dow Jones indus¬ trial average was 1.81 points higher at 4.S10.40 at midday. Brussels: General_ Zurich: SKA Gen . Abtrust Asn smllr 92 Abcrust Asn smi wes 32'> Alton Props 9 Cbartweu inti 50 Cons Coal (90) 68 Creos International KM Fleming JpnC 101 German SlrWrts 17 Guinness Flight 95 Guinness Flight U (95 Guinness Flight w i2 Hay & Robertson 77 Indpt Radio U4 mil Greetings ' 523 MultlMedia 145) 60 Murray va icg Northern Venture 101 XPerpUKSml 000) 102 Preston Nth (400) 400 RIGHTS ISSUES First Choice n/p (60) 45 - i Quality SPn/pf535) 129 SrordaiaSoLsn/p() 2 ) o + 5 Wellington U n/p (100) 2 MAJOR CHANGES RISES: Asprey . 246p(11Sp) Sage Group. 262p(*-18p) PczaExpress .206p(+13pj Ranger. 385p(4-20p) Azian . 505p (+25p| Gibbon . 22tpf+T0p) L Joseph. 443p|+20p) MAID. 296p (4-13p) Chiroscience. 294p (+12p) FALLS: UK Safety. 19p(-TIp) Stanley Les&ire. 329p (-26p) Northern Foods.109p (-10p) Hillsdown.154p(-8p) ABFood . 688p(-20p) Unigate. 405p (-lOp) Glaxo Wellcome. B5tp(-20p) (Cl . 769p(-18p) Montedison. 425p (-9p) Carlton Comm .949p(-i9pj Fins Art Dev. 402p (-8p) Closing Prices Page 39 iCCNE^jH-HNANC^ Period Opes High Low Sett Vol FT-SE 100 Dec 95 . 35590 3564.0 35020 35100 11217 Previous open Interest 69677 Mar 96 .. 3S55.5 3SSS5 3537 0 35310 760 FT-SE 250 Dec 95 . 3900X1 0 Previous open interest 3537 Mar 96... 0 Three Month Staling Dec 95 - 93.40 93.40 9135 93J6 10262 Previous open Interest: 341572 Mar 96... 9353 9354 93.49 93.51 15722 Jun fe> - 93JI 93.52 9J48 9X49 8749 Three Mth Eurodollar Dec 95 - 94J6 0 Previous open liueresc 110 Mar‘ft- 9450 0 Three Mth Euro DM Dec 95 - 95.97 95 98 95.95 95.95 13061 Previous open Interest: 813701 Mar 96. 96J0 96 JP 96.12 96.13 25911 Long Gilt Dec 95 -. WM1 ICJ-24 106-29 107411 66174 Previous open Interest: rtMSOj Mar 96- 107-04 107-04 106-13 106-14 2785 Japanese Govmi Bond Dec 95 - 121-66 12150 121.62 121.75 5U Mar 96 - I53J1 12041 12029 iaa.4i 105 German Gov Bd Bund Dec 95 9704 974)9 96.55 9659 I33S38 Previous open Interest-. jMASa Mar«ft 96*3 96.4? 9608 95.99 bit Three month ECU Dec 95 . 94.43 94.44 94J6 °4J9 773 Previous open 1 merest: 19901 Mar 96.. 9456 9458 94.53 94.53 663 Euro Swiss Franc Dec 95 . 97.92 97.97 97.88 97.9J 5302 Previous open Interest: 51081 Mar “ft... 98415 98.11 98 XC 984)8 3162 Italian Govml Bond Dec 95 103 JO 103-39 10253 10260 32625 Previous open I merest: 46663 Mar 96

  102.90 102.90 IQ2JO 102.19 282 Base Rues Cteartng Banks 6*. nttince Use 7 Dimmie Market Loans: O/night high: ff. Low ff. Week fixed: ff. Treasury Bills (Di

  Buy: 2 mth 6%.: 3 mth 6' B . Sell: 2 mth 65:3 mth: ff‘« .

  Storting Money Ratos Interbank; Imdi 2 mth i mill 6 rath 12 mth tfrtPi. 6V6» bF^-b 1 : 6*,r*', 6*'»-6*. 6 u ^{6“u 6"--6*. fr’tr&'u fr n «! , *U b'Wv (ft n(t}
• tft tft V'v&u Wu&. tr'o4b*D 6'r6,. 6 5.71 n/a 5.79 Stel 5.61 6"nr6*l 6"«-6% 6"mt6S 6"-. Load AuUxuily Dcps 6S n(a ff. ff, ff, Scerliaf* CDs ff'irO*•„ Vu^c. ff* n-6*o 6'r-fi*,. 6Vff» DaSar CDs 5.71 ma 5.79 S4tl 5.61 BnOding Society CDs ffW. ffwff. TREASURY BILLS: Applets: thj>33m altoned: tiJXIm. Bids t9BJ7S5t rwetved- 95%: Last week: VK.m> received: 58%: Avge rair. 165105% last wk L6J346V not week: LUOObl CuiuKy 7ifey 1 mlh 3 anfa 6 nah Can DsUan 5“i.-5*- S’V.'ft, 5V5H 5*% Ph4'. PlIgftflCMlrt H'u-S* 4 i m-3 , i. 4%-3'r French Franc b'r&, 7'rS. Swiss Franc 2 l i-I n i. 2W :w 2S-I'» ¥ext %-%
• 'w*m V*. n/a Risk-free banking . 985580 {106.44)

  -455.65 {*183)

  20918 (*32-61

  _2161.721-A29 _aK7J8friia

  7804.43 .(*17.92) 1832.10 (*3J6) _69880 (*1.90) London: FT 30_2S64.9M1B) FT 100 3500.4 [S2£f FT-SE Mid 250 - 3573.7 (-13.1) FT-SE-A 350 1742.7 (-10.1) FT-SE Eoratradt 100_141.V681*177) ft a All-Share - 1721.98 (-Mi) FT Non Financials_1819-81 (-12J5) FT Fixed Interest_IIZ56 (*0,14) FT Govt Secs-93-S4HL20) Bargains_26887 SEAQ Volume- 7535m U5M (Datastnn) 184.44 (*OL01I US-13800 (HX0009) German Mats-22365 HX00731 exchange index-84.3 (-02) Bank of England offldal dose (4pm) 1UECU-1.1945 £SDR-10611 RP1 -1506 Sep (3.9%) Jan 1SB7=100 RPLX_1492 Sep (3.1%) Jan 1987^100 BACK in the good old days of stockbrokmg, when fixed commissions were the norm ano insider dealin g was tolerated, a meraiaiit banker and a broker knew how to price a rights issue. The diem asked his merchant bank for £127 million. After furrowing[his brow and shaking his head, the merchant banker agreed reluctantly that it might just oe possible. He then sounded out the brokers, who sounded out the institutional sharenoia- ers. After a little argy-bargy over favours granted and owed, the institutions agreed to guarantee to buy the shares (they would have bought them anyway) for a commission of per cent The bank took h per cent for a 12- hour overnight risk and the broker took per cent for notifying his mates. Due to some deeply unfortunate attention from the Bank of England, die Office of Fair Trading derided to look into these arrange¬ ments and this year pronounced that fixed underwriting commission was too expensive and the process created conflicts of interest How silly of the DirectorGeneral of Fair Trading to try’ to meddle in traditions thai have served the City well for so long. Yesterday’s rights issue from Cordiant dem¬ onstrates that even the arrangements described as expensive were cheap compared with the new regime. SBC Warburg and UBS, having split the deal between them, are charging a handsome l 3 / per cent for the onerous task of underwriting the Cordiant rights issue for less than a day. In this new world of free commissions, the banks do better than h per cent, but, after yesterday's price rise, it is dear that the rights issue need not have been underwritten at all CRH CRH is more than just the largest Irish cement manu¬ facturer, but in the current market that position alone should be enough to make British building materials groups envious- With about 80 per cent of the market in the Republic and 60 per cent over the whole of Ireland. CRH is not immune from competition — anyone is free to set up shop, the company insists — but few would be so foolish as to challenge CRH on its home turf. Last year, over a third of tiie group’s trading profits came from die Republic, generated from only 18 per cent of sales. The proportion of Irish profits is down — CRH is expanding rapidly worldwide — but the mar¬ gins it earns from cement, bricks, blocks and asphalt are consistently high: over 15 per cent operating returns compared with half that rate for die group as a whole. CRH is supplying the ma¬ terials to build a East-grow¬ ing economy: Che Rejmblic's GDP grew 6 per cent in 1994 and is expected to increase by 5 per cent next year after growth of 5-5 per cent this year. Add to that subsidies from Brussels, a thriving housebuilding industry and you end up with a lot of bricks and cement. Little of this has affected investor perception of CRH. which r emains lumbered with a similar rating to its British peers which operate in a distinctly dull market A lot of value seems to be going cheap at CRH. MADE IN IRELAND CRH share price jiMMir |*R||r -■ ' 1 share index h ■ j Nov Doc Jan Feb Mar Apr May Jun Jui Aug Sep Oct Northwest Water JOHN BRIDGEMAN, snubbed by the President of the Board of Trade just a month after starting as Di¬ rector-General of Fair Trad¬ ing. is not the only one peeved that North West Wa¬ ter's bid for Norweb was allowed through. Many City- shareholders need a deal of persuading. They have seen North West shares sag since August and will not hare been best pleased by yester¬ day’s 23p fall to 574p. That is partly the usual supply fears ahead of the bid's likely success on Mon¬ day. But there is also a credi- bihry gap. This has not been helped by Thames Water's frank admission that it could not devise a bid for the higher rated London Electricity that it could justify financially. North West insists the bid will help earnings per share straight away because it will be able to set off advance corporation tax on its divi¬ dends against Norweb's mainstream tax. The longer term plan to save up to £100 million a year costs wifi need to be demonstrated before it is fully believed. It rests on combining the billing and computerised control func¬ tions in a new facilities management company that can then spread its wings. The real long-term gain may be the intangible oppor¬ tunities that open up for a regional utility of genuine size. Dalepak THE prospect of salmon en crotite specialist Cavaghan & Gray, reversing its opera¬ tions into the grillsteak kitch¬ ens of Dalepak might cause some investors to forgo their supper, but the deal makes strategic sense for Cavaghan. Dalepak has a had a rough ride in the supermarket price wars. Barriers to entry in fro¬ zen meat and vegetable prod¬ ucts are not huge and the superstores have shown them¬ selves to be ruthless in de¬ manding more for less from suppliers. Cavaghan’s profit performance by comparison suggests that Marks & Spen¬ cer employs a buyer with a more gentle touch than the battle-scarred food retailers. Cavaghan's profit mar¬ gins. although considerably more healthy than Dalepak’s, suffered slight erosion last year as raw ma¬ terial costs increased. Whatever the extent of M&S paternalism towards its suppliers. Cavaghan must be concerned about the limits of its growth as an M&S sup¬ plier. Sooner or later, the price premium attached to M&S food products will come under attack and the brunt of the damage will be borne by suppliers. Dalepak offers Cavaghan diversifica¬ tion, but with the new shares issued at a prospective multi- j pie of 12 times, investors may question whether the issue price fully reflects the war be¬ tween the stores. Edited by Carl Mortished DOLLAR RATES Australia Austria- Belgium (Com)- Canada DenmaiY.- Francs_ Germany- Hong Kong- Ireland- Italy_ Japan- Malaysia_ Netherlands- Norway- PomigaJ_ Singapore- Spain _ Sweden Switzerland - -1.3197-1 J206
• 9.97-9.98
• 29.13-29.17 -J 2430-1^440 .. 5 4910-5.4940 -Lg95£M^990 -1.4180-1.4190
• 7.7325-7.7335
• 1.6130-1.6150 — 159525-159625
• 103.70-10320
• 25455-25465
• I.5878-1.5M8 -6249062540 — . 148 76-148.86
• 1.4135-1.4145 -12219-12224
• 6 65406.6640
• 1.1405-1.1415 Nov 3 Nov 2 mkUay dote Nov 3 Nov 2 midday dose Nov 3 Nov 2 midday da* OTHER STERLING Argentina peso* Australia dollar_ Ban rain dinar_ Brazil real*- China yuan_ Cyprus pound- Finland maridca- Greece drachma- Hong Kong dollar_ India rupee- Indonesia rupiah — Kuwaii dinar KD_ Malaysia ringgit.. New Zealand dollar — Pakistan rupee.. Saudi Arabia rival Singapore dollar_ S Alrtca rand icomi.... ti a E dirham —.. Barclays Bank GTS -
• 1.5769-15795
• 20826-20853
• 058900.6010
• 1.5172-1.5215 . 1200 Buy
• 0.70600 7160
• 6 702568185
• 36650-373.50 .122019-122112 .. 54.16-55.12 ...- 3570X0-3638.60
• 0.46950.4795
• 4.0176-442204
• 24129-24163 54.00 Buy
• 5.6875-5.8115 .- 22303-22332
• 5.7090-55HO —... 5.7375-5.8615 ■ Lloyds Bunk FT-^EVOLUMES 31 313 asda Gp taonj Abbey NU 2500 Allied Dom 4500 Argyll Gp 6X00 Arjowggns lioo AB Foods 516 BAA 967 BAT Inds 2100 Baffioa: Opes 138270-38290 Chsc 138240-38290 Hiph: $38250-383.00 LOW. S38250-38250 AM: 538280 PM: $38255 Kragtmsd: 838350-385.50 £24225-24425) PtttiBua: 408.25 £258.80) SBw. $S-3J £23755 Palladium: 8134.75 £85.40) STERLING SPOT AND FORWARD RATES Mb Ram for nov 3 Amsterdam.—.— Brussels_ Copenhagen- Dublin. Frankfurt_— Lisbon_ Madrid_ Milan_ Montreal__ New Yoris_ Oslo_ Paris_ Stockholm Tokyo - Vienna_ Zurich —--- Soaret: Extei Range 25017-25185 45.91-4626 863908.7120 0.9761-0.9802 22342-22481 234.16-235.99 19246-193.67 2513.9-2521.1 21202-21333 1-5770-1.5300 984609^910 7.7)80-7.7580 10.427-10.557 163 53-16422 I5.72S-I5.82I 1.7975-1.8097 Cl«e 25017-2503) 45.91-463)1 8.639O-84610 Q.97754J.9800 22342-22373 234.16-234.79 3month !W:pr 3l-26pr Zk-lipr 27-22pr t'rl'.pr 116 -161 ds BOC 3JQ0 BP 4.900 BSkyB UdOO HTR 7.400 BT 22000 Bk Of SCO! 1,300 Barclays lOflOO Bass 731 Blue circle 4,500 Boots 1200 BAe lAno BA 5J00 Brit Gas 7.100 Brit Steel 20£00 Burmah Csil 4JOO Cable Wire 3ri00 cadbuiy 3.600 cartten Cms 3^00 cm Union 2330 cookson 977 counaoJds 1,100 DeLaltue 525 Enterpr 011 1 joo Forte 6600 GKN 347 CUE WMO GtiS 3,100 Geo ACC 929 Gen Elec 1200 Glaxo Well 33400 Legal & Gn 774 UaydS Bk 7.900 London Elea 65 2 Maria Spr sjjo M id Elec 37 NafWSi Bk 7 JOO Nai power 1.100 NW Water 1.700 PSO 3 JOO Pearson 0 J 8 POwrCen 3.400 Prudential 3.900 REXAM 587 RMC 6JOO KTZ 379 Rank Org 2800 Redder Col ijoo R ed land 1.700 Reed int) MOO KenroUl 811 Rearers 4.800 Rolls Royce 2100 Royal ins 1 joo R ylBkScoi 1,800 Sainsbury 4JOO Schraders 8 Scots New l.OOP Scat Power 4X0) Scats l.ioo Svm Trent 265 Shell Trans 4 JOO Siebe 240 smKJ gelt 43xn Smith Nph t,5Qo 5 [hem Elec 326 std cna/id 3.400 Sun Ailncc 3 Jpo TI Gp 610 TSB 2jnn AMP me 39'. 39, am carp W-. ro

  AT a T 63'j 63'. AO bon ute 39 , Advanced Micro zr. 23'. AeCni Ufe 7T. 77 Ahmaiuon (HP) 26*> 3 b*< ait Prod a men 55'. M'. Alrroudi Comm VT. S*. AUxtovCuIm B Jr. 31*. AJberoom 33 32*. Alcan Alumnin 37- 37. Alco sondare go>. w, Allied Slgru) 43'. 43*. Alum CO of Am 51*. Si*.

  mai Gotfl me y. ?■ Ametada Hess 47 46.

  AmeT Brands 4ls 41'. AIDCf □ Power ». 38 ■> Amer Eapress «i*. 41'. Amer Genl Corp sr. 37. Amer Home Pr 87-. SB'. Amer tml 8t>'. W. Amer Stores 5V. gt, Amerfledi 53'. S4‘. Amoco W. M', An bcurer-Busch 63', 6ft Apple Computer ». 36 1 . Archer Oanlets ley, iff. Anoco 3'. 6 Armitmg Vrrld vr, 59: Asarco 37. 3ft AshUnd Oil ter, 3r. All uomdd ICff. |06'. Auto pm Pro 7i'. 71

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• Group A2J. Federal Express 84*. 86 Fad Nat Ml*e lOff. I0ff» First Chfcagn Off. ffP. Flrsi lnteraaie 127*. Uff. Firs* Union Rliy t. t, Fleet Flnl Grp 3ft 38'. Floor Corp 5S>. 551 . FOrd Mmor 28^ 28*. GTE Corp 41 i 41% Ganneo 55'. Sft Gap Inc DeJ 41 % 42 % Gen Dynamics 54. 5ft Gen Elecoic 63 63% Gen Mills 56‘. 56% Gen Minors 44'. 44% Gen Reinsurance IS2'. 151% Gen Signal j|% 3 |-, Genuine Pans jff. Jff, G«i*ia PBC S3 83'. Gillette 4ft 48', GlUO Welle ADR 26'. 27% Goodrich |BF) ufl'i 68'. Goodyear Tire 38*. W. Grace (MR) S6*. ift Gn au Me Tea a y, », Great won Fin w. 24 % HaliiPunon 41 % 41 % Harwun General 3ff, Jff, Hein* (HJi 47% 4ft Hercules 54% 34 % Kenney Foods 5ft 59*. Hewlen ftetara 03 % 3% Homesoie Mng Iff. Honeywell Household tnu Housmn inds Humana ITT corp Illinois Tool minors INCO ■ngersoa Rand Inland 5Url Imel Corp IBM Iral FBV ft Fr ■nil paper 23% 22% 124% 122. 56 57% Wj «. 49 4ff, James alter Va 33 % 33% Campbell Soup si% can PacUK iff. Cial Ota ABC lift no Carolina pwr 33 % xj>, Cuerplllar 57 57', Central a SW ti ir, Champion Inn 51 % si. Chase Manbai w. m Chemical Bk .»% t&. Chevron Corp 4 ft 47 Ouyilcr Sft Chubb Corp Cigna Corp duemp Omdi Coastal com Coca cola 165% IBS'. «. 67. Jhnsn a Jhnsn so, 81 % jaiogg ip, 74 % 54% S5% Umberty-Clart tv, 72% Kman ff, ft Knight-Udder ST. ST, Ully toil 95 v 951 , UmiKtf Inc ir, iff. Unarm Vai 49 45% LilMn tn. 9 Q, Ux ClajDome ar. ». tixkheed M&mn w. oas Louisians Pae ft., 24 % MCI emmn 25 . jft Mantas Im JT, 37 % Man B Mclitn 83% 83*.

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• ;■ jvV^ w •■ta ^ =#■•-• ; "“■ the times Saturday November 4 10 95 OUT OF AFRIC A 33 Robert Miller on the art 3 of investing WEEKEND MONEY PREMIUM BONDS 35 Taking your chance with Ernie Clarke urged to kick-start house sales Sara McConnell gives the Chancellor a housing shopping list for Budget action K enneth Clarke, the Chancellor of the Ex¬ chequer, is coming under heav>- pressure to abolish stamp duty on house purchases in the Budget. Stamp duty raises between £600 million and £700 million for the Treasury every year but leading lenders say this is the best and quickest way of send¬ ing a strong mess¬ age to prospective and existing homeowners that they have not been abandoned by a Conservative Gov¬ ernment Lenders give warning that without interven¬ tion from the Gov¬ ernment. the housing market will sink further into decline. The Halifax and the Nation¬ wide, the two largest building societies, this week reported further falls in house prices over the last month. On wp of this, the Council of Mortgage Lend¬ ers iCML) published a survey which showed a clear majority not at ail likely to buy in the next two years. Fear of debt in an uncertain job market and the high cost of buying are putting first-time buyers off. so trapping existing buyers. The CM! and leading lenders including the Halifax, the Na¬ tionwide and the Bristol & West, support the abolition of the I per cent tax on the purchase of properties costing more than £60.000 as a first move towards unjamming the market. Stamp duty immediately adds more titan £600 to buyers’ bills, just when the borrower is under the greatest financial pressure. Borrowers questioned by the -COST^FMIRAS Last year — 20% (or ail borrowers a first Oa.OOQ tasbnpjj Current — 15% tar all bommeis on first £30.000 CaSbnp.a If raised la 2S% on first £50.000 for first time buyers extra £390ra" Cost af lump gum home trover's grant m place of Miras C 35 hn p.a“» •assumes 560,000 first time buyers: in drat mortgage rate of 8%. up to fl.2bn in third year assumes lump sum of £3,000 lor 1m moves a year. Senses Council ot Mcrt-jage L&ixrs pro CML also overwhelmingly fa¬ voured abolishing stamp duty. Of 2,000 borrowers asked. 71 per cent wanted stamp duty abolished, with 60 per cent wanting an increase in Miras for all borrowers. The Abbey National, how¬ ever. claims abolishing stamp duty would make no difference. Instead, it called on the Chancel¬ lor to increase tax relief on mortgage interest for first-time buyers as a first priority. Most lenders share the Abbey’s belief that first-time buyers are the key to the revival of the housing market and need special encour¬ agement but acknowledge that he would face considerable poli¬ tical difficulty raising Miras. Because of this, many put help for first-rime buyers through the tax system as second priority after abolishing stamp duty. Miras has been cut in successive Budgets from a maximum of 40 per cent (for higher-rate tax¬ payers) to 15 per cent. It is worth E350 a year to a borrower with a £30,000 mortgage at currenr interest rates. The CML suggests increas¬ ing the relief to 25 per cent on loans of up to £50.000 for five years for first-time buyers. Defining a first-rime buyer is. however, a problem. Similar problems would arise with introducing tax breaks for the estimated one million borrowers in negative equity, suggested earlier this year. According to the CML. Reve¬ nue officials would have to distinguish between the "feck¬ less and the unfortunate" and there would be potential for fraud. Lenders unanimously rejea the concept of a negative-equity tax break saying the key to Savings safer for elderly A! s the Chancellor prepares his Budget, he is under pressure -to reward savers and private investors — those who John Major was thinking of when he suggested that the public ought to be given incentives to save for old age (Marianne Curphey writes). With just three weeks to go before the Budget. Kenneth Clarke is considering allowing elderly people to keep more of their life savings when they go into long-term nursing care. He could double the £8.000 ceiling on assets that old people can retain if they need state support for long-term medical care. This mea¬ sure would have the support of Age Concern, the charity that is cam¬ paigning for a better deal for pensioners in residential care. Fear of offending the retired could hold Mr Clarke back from another amendment to savings rules. Though it has been widefy rumour¬ ed in the last few weeks that Mr Clarke would move to abolish the 5 per cent tax-free withdrawal facility on single-premium bonds. Elspeth May. tax partner at KPMG. the accountant, doubts whether he would be so savage. She said: The Chancellor has to faster the ’feel¬ good' factor, giving us money to spend.” Maurice Parry-Wingfield. tax part¬ ner at Touche Ross, the accountant, believes this Budget provides an ideal opportunity for Mr Clarke to boost and simplify personal savings and investments by integrating personal pensions. Peps. Tessas, and medical insurance for the over-60s into new- style personal investment plans. Weekend Money is edited by Anne Ashworth unlocking the negative equity trap is to get the housing market going again with other mea¬ sures. But borrowers are keen, with 60 per cent of those ques¬ tioned by CML supporting a neaaiiveequity tax break. Self-assessed tax means keep it simple S implicity must be the Chancellors Budget by¬ word. Whatever his tax¬ cutring ambitions, they will be tempered by the need not to add complication to the fiscal system, before the self-assess¬ ment reforms due to be imple¬ mented in 1907. Simplicity is essential to self-assessment, as taxpayers will be required to work out their own tax bills. Yet, despite his wish to ensure smooth introduction of the new rules, accountants think the Chancellor will be tempted to lake lp off the 25 per cent basic rate of tax. at a £1.6 billion cost to the Trea¬ sury’. Glenn jLeitch. personal tax partner at Touche Ross, the accountant, says this would put an extra £150 a year into the pocket of those on £20.000 a year. Changes to the 20 per cent tax band that now applies to the first £3.200 worth of tax¬ able income are also likely. Mr Leitch said: “He could widen the band considerably and so be able to rename it the basic- rate of tax." Maurice Parry- Wingfield, tax partner at Touche Ross, believes a phased cut. over three years, in the basic rate to 20 per cent would be sensible. The Chancellor has been encouraged to raise the value of the married couple’s allow¬ ance of £1.720 and to restore it to the 25 per cent rate of tax. But the Inland Revenue is known to dislike it This means the Chancellor may choose only to freeze the allowance at its current lerveL Families where one parent or both has executive share options, however, seem likely to benefit from a change Df heart on the taxation of these perks. Under pressure from big employers, such as Asda, the Chancellor is now expected to modify the recent rules, making option gains subject to income tax. It is predicted that Kenneth Clarke will allow share-options gains up to the value of £40,000 io be covered by the more favourable capiial gains tax regime. This would exempt thousands of middle- ranking employees from taxa¬ tion. as their gains would be less than their £6.000 capital gains tax allowance. I t is rumoured, however, that other workplace perks, such as season-tick¬ et loans and mortgages, will be brought within the Nat¬ ional Insurance net Profit- related pay schemes may also be under threat, as thqr are increasingly seen as a payroll cost-cutting measure for busi¬ ness, rather than a way to involve employees in the prof¬ itability of their companies. In some cases, the profit-related portion of salary is said to vary little, which was not intended. In the light of the Govern¬ ment's pledge to “reduce and eventually abolish" capital gains tax and inheritance tax. some changes to both are likely. Mr Leitch also emphas¬ ises capital-gains calculations must be made more straight¬ forward to allow individuals to do the sums themselves, without undue suffering, when self-assessment arrives. Mr Parry-Wingfield said dispensing with both is to encourage tax avoidance: "They are a long stop to prevent people from convert¬ ing taxable income into tax- free capital." He proposes that Mr Clarke should instead rebase the base date for gains from March
• to a more recent date, and do away with indexation of gains and various other reliefs. The rale of the tax should be reduced from 40 per cent to 20 per cent ANNE ASHWORTH What would have turned £ 6,000 into Looking for bolt-holes T here has been a sullen hush in the London market this week, de¬ pressed by disappointing retail news and a forbidding forecast from Shell. The European slowdown is beginning to bite. Tins is nothing like the start of a crash — New York and even Tokyo still look buoyant and there have been rallies even in the London drift — but could our bull market end not with a bang, but a whimper? Few commentators think so yet (and I remain uneasily with the majority). However, one bird of ill omen has now appeared, and it is time for the prudent to look at the downside. The bird is an impressive fowl: GT Trust a widely respected fund manag¬ er. In its latest report on policy, GT announces that after a survey of all world markets, it can find only one (to which we wiU return) that does not begin to look overvalued. It has therefore switched to caution: it is building cash balances, and hedging its existing portfolios in the futures market The small investor cannot hedge economically, and so the question is not one of whether you should follow GTs example, but a starker one. Is it time to sell equities, or bonds, or both? The GT case is. in general, depress¬ ing! ^{persuasive. The basic message is that after a bull year in a flatfish world economy, enough is enough. Unlike most analysts. GT believes that the current Maastricht-induced slowdown in Europe wffl be quite obstinate; given glum psychology in most EU countries. lit} ANTHONY HARRIS it is hard to see why not GT sees no early recovery in Japan (where GT is unusually well informed). Wall Street is seen as still in the grip of technology mania, with tin: emerging markets still shrinking back into their holes. As for the wafl-of-money argument often stat¬ ed in this column, GT points out that scheduled privatisations in Europe and new issues in the US wfll mop up some $50 billion of that money in the coming year. Help! Now that you are frightened, where to turn? It is here that GT looks a little less convincing. A slowing economy and a steeply positive yield curve conventionally argues for a switch into bonds. GT believes that if and when Japan recovers, all world bond yields win rise (and prices fall). It presents some statistical correlations to support this thesis, but cannot suggest why it should be so. h for one, am not persuaded, and offer the more conven¬ tional analysis: bonds, the poor rela¬ tions in a bull market, are now offering high real yields, few higher than gilts. An excellent hedge against recession, then for anyone unworried about infla¬ tion, with the hope of a good tax-free capita] profit. Two cautions: the run¬ ning return is not so attractive to a high rate taxpayer (especially if you allow for a high high rate under Labour) and a bond portfolio needs alert manage¬ ment The rallies are slow, and look- reliable: however, as we learnt last year, the correction, when it comes, can be virious- For those who want to reduce tax bills and nervous strain, indexed gilts are the ideal bolt-hole low yield, no inflation risk, and, at die moment, historically undervalued against the equity market Again, though, there is a health warning: because yields are low, and because this is a relatively illiquid market prices are more volatile than in conventional gilts. I f you do not follow this market closely, you may find it expensive to get out when you wish. And that is the attraction of GTs implied sugges¬ tion, a building society deposit But can you, a red-blooded equity man. face the prospect of sweating over a bond portfolio, or sleeping on a mattress of cash? If not consider GTs one bright spot South Africa. Politics are proving less frightening than billed, inflation is falling fast tourism is booming and manufacturing recover¬ ing, and market multiples are quite undemanding by worid standards. Time to brush up your Afrikaans. £ 20,000 in just seven years? The Schroder UK Enterprise PEP". If you've e.oi a nest egg tucked away for your future, it's probably in the building society. At least you know it's safe there and you can get hold of it at short notice if you need to. But how much have your savings earned in interest over the last seven years? Certainly not enough to triple or even double your money. However, if you had been able to invest £6.000 in the Schroder UK Enterprise Fund through the Schroder PEP seven years ago. by now. you would have a total of more than£20.000 to spend
• over three limes your original investment. What’s more: • AH your profits would have been tax free. • You could have withdrawn your money at any time, without paying any penalties. • You would have had the comfort of knowing that, since its launch, the Schroder IJK Enterprise Fund has produced more money for its investors than any other UK equity' invested unit trust*''. And the catch? Like ail equity investments, the Schroder UK Enierprise'PEP involves an element of risk. There's no guaranteed rate of return and there may even be rimes when your investment will lose money. If you're not in a position to take this risk to get higher returns, you should leave your money in the building society. Schroders Schroder Investment Management It's easy to invest - just leave ail the administration to us. Well keep you regularly informed and you can call us for an up to ihe minute report. The minimum investment is £3.000 plus a 3% opening charge. To request further information, simply call the number below, return the coupon or contact your usual financial adviser. Ifyou want to gel the most out of your savings, the Schroder PEP is the one investment opportunity you can't afford to ignore. r m Call 0800 002 000 TO: SCHRODERS. CUSTOMER SERVICES DEPT_ 0» W I FREEPOST. LON 7IW. LONDON EC4B4PD j Ptaire soul me tm mfe-nnanon on Ci* Sotrodm PEP. I Note. Add rest,. . Poslmde. Tel, No.. I Sourra of figures; Micropat io JO. IMS. ’ Gnus inronic | reinvested on Schroder I K Enterprise Fund since 1 0I.0S.M. {6.0W became £21.455. ■ Gross income | reinvested since dl.08.68.. tiiVJ. j Pact performance jj nor necessarily j guide to future . performance. The value of investments and the income from I them may fall as welt as rise and uitvsut* may ikm ger hack j the amount originnlly wrested. The levels and bases af. and . reliefs, from taxation may change. Tax reliefs referred to I arc those current/) ovailaNe and thtnr value may depend on | the dreumstaneex of the individual investor. Issued by Schroder In vest mem Management Limited. ' regulated bv IMRO. ^Registered Office: 33 Gutter Lane. London EC2V SAS. J 3 C St a Be Ju. Pi A ho ha be ws wt pn na an die cm ! an Of rai to ler in sqi en; p n dis Yv Jut Lo
• pa Rn So Co juc cot ten wfi Lo Lh« the Be wii shi mi bet Co Ai Be Ju: Pa: \3u Th eni del ore an act thj ( Su sec as iha ocf 1 res ap| Hi the Sir Be all. ris ( 30_WEEKEND MONEY THE TIMES SATURDAY NOVEMBER 41995 Helen Pridham offers a guide to guaranteed investments Your money back with interest — if you are careful CLIFFORD HARP«H N o one likes losing money. Seeing the stock market slide and your investments with it can unsettle even the boldest inves¬ tor. For some people a loss of capital can be devastating. To avoid this danger, secur¬ ity-minded investors are at¬ tracted by “guaranteed" in¬ vestments which protect ag¬ ainst loss. But they must look carefully at what is guaran¬ teed and how it is provided. Guaranteed products have been particularly popular this year according to Charles Lev- ett-Scrivener. associate direc¬ tor of Towry Law. the financial adviser. “There are two main reasons. A lot of people got their fingers burnt last year when the market felt. “Although the market has risen again in recent months, it takes longer for people's attitudes to change. The other factor is that most of the money available for invest¬ ment is coming From retired people who feel they haw earned all they are going to earn and are inclined towards investments which do not put their capital at risk." The appeal of guaranteed re¬ turns was illus¬ trated earlier this year when Legal & General's guaranteed corpo¬ rate-bond Pep attracted £130 million, while other com¬ panies not offering guarantees were barely able to attract this amount between them. Some guaranteed products have been around for years. Gilts and National Savings products come with a govern¬ ment guarantee. Guaranteed income and growth which are issued by insurance compan¬ ies have also been popular. But more recently there has been a rapid growth in guar- anteed-equity investments us¬ ing financial derivatives to provide fixed returns linked to the rise in the market, or your money back if it falls. There are now a number of varia¬ tions on this theme. Mr Levett-Scrivener says these guar anteed-equity prod¬ ucts need very careful scruti¬ ny. He says: “People must be sure they understand what they are buying and how it affects their tax position." One point investors should bear in mind is that guaran¬ tees are often linked to a specific period or anniversary. If you need to cash in early you may get back less than your original investment So be sure you can lock away your cash for the whole period. Here are some of the main guaranteed products: ■ Gilts: Issued and guaran¬ teed by Government, no other investment is as secure. Yet they are often overlooked by private investors. They pay a fixed rate of interest for a fixed term which can range from under 5 years to more than 20. Longer-term gilts are current¬ ly yielding 8 per oent or more gross. At the end of the term the stock is repaid in full. In the meantime, toe price will fluctuate. So if they are sold early or purchased when prices are high you may get C Investors must be sure that they understand what they are buying and its effect on their tax position ? back less than you invested. Details on how to purchase them through toe National Savings Stock Register can be obtained from post offices. ■ National Savings: Also backed by Government, Nat¬ ional Savings offers a range of products with a guaranteed rate of return and your money back. These include toe Pen¬ sioners Guaranteed Income Bond which pays a monthly income equivalent to 73 per cent p.a. gross, fixed for five years. The minimum invest¬ ment in the bond is £500. the maximum £20.000- National Savings also offers one of the few products that guarantees that toe value of your invest¬ ment will keep pace with inflation — Index Linked Nat¬ ional Savings Certificates. ■ Guaranteed Income & Growth Bonds: These are sold by insurance companies usu¬ ally for terms of between one and five years. They pay a fixed rate of income or growth and your capital back at the end of toe term. Income is normally on a monthly or annual basis. The typical minimum investment re¬ quired is about £3,000. Rates of up to 7 per cent net of basic rate tax are currently being offered on five-year bonds. To be able to offer these rates, insurance companies have to be in a favourable tax position which means they tend to be small or in a rapidly expand¬ ing phase. Among the more recognisable companies cur¬ rently offering bonds are Ab¬ bey Life, Britannia Life and NatWest Life. Investors should bear in mind that the guarantees on these bonds are only as good as the companies themselves, though toe Policy- holders Protection Act would ensure that investors got back 90 per cent of their money if a company collapsed. _ ■ Guaranteed Equity Bonds: Normally issued for a five-year term, investors get a percentage of the growth in the FT-SE 100 in¬ dex (which measures share- price movements of toe UlCs top 100 companies) or their money back if the index falls. Many bonds guarantee a min¬ imum of 25 per cent over toe term even if toe index falls. Mr Levett-Scrivener says the concept is not as simple as it appears. He says: “Fre¬ quently it is not 100 per cent, but only 96 per cent of an in¬ vestment that will be raised in line with the index. No divi¬ dend income is added — the FT-SE 100 index is a capital in¬ dex only. The index level at toe term's end is also frequently averaged over the last six or 12 months. This protects against sudden falls, but you won’t benefit from sudden rises." Most are issued by insur¬ ance companies that quote returns net of basic rate tax. But they are also sold by building societies and banks, such as Barclays, currently offering a Guaranteed Equity Savings Bond. They can quote returns before tax. Returns from these products cannot therefore be directly compared and for higher-rate taxpayers the tax treatment is different Higher-rate taxpayers will normally be better off with insurance-based bonds. ■ Guaranteed Equity In¬ come Bonds: Some guaran- teed-equity bonds provide an income as well as a capital return based on market indiries. Mr Levett-Scrivener says these need even closer scrutiny. He cites toe Finan¬ cial Assurance Higher Income Bond which is offering an 11 per cent income, "Investors only get their money back if both toe FT-SE 100 index and toe S&P 500 Index grow by 9.25 per cent over five years. Lf either does not achieve toe required growth, the capital return will be less than toe original investment At worst it will be less than 50 per cent ■ Bank & budding society products: Banks and building societies have always guaran¬ teed your capital back but more are now offering fixed- rate term accounts, such as the Halifax's Guaranteed Reserve Account Recently toe trend has been to offer stepped-rate bonds that guarantee rates will rise over a term of three to five years. Investors should not be too impressed by toe high rates at the end of the term. Average toe rates over toe period to get a better figure to compare with flat guaran¬ teed rates. Some Tessas have also been offered with guaran- —:r~——«
• » «»»' • teed rates and there will be more in toe coming months. ■ Peps: Most Peps are not guaranteed. The only guaran- reed-equity Pep on the market is Legal & General Guaran¬ teed Stockmarket Investment Plan. Investors pay a one-off insurance premium of 4 per oent to cover the capital guar¬ antee and a 2 per cent annual management charge. It invests in a unit trust which aims to track toe FT-SE 100 index with a no-loss guarantee at the fifth anniversay. Unlike guaran- teed-equity bonds, this Pep also enables investors to enjoy toe added benefit of the divi¬ dend income from the under¬ lying shares. Also still available is Johnson Fry’s Guaranteed Corporate Bond Pep. paying 7 per cent net over 5 years and your capital back at the end of toe term. A QUESTION OF MONEY How safe are bank and How safe is my money in banks and buSding societies? What compensa¬ tion can I hope for if things go wrong? First, a few words of reassurance; The UK'S banks and general life assur¬ ance companies have a bet¬ ter track record than similar organisations in the United States, according lo Paul Greenwood, of actuaries V/m Mercer. “Our life assurance regulations have been taken as a model by many other countries: our banks have had fewer cot- lapses than the US." Investors are protected by toe panoply of regulation established by the Financial Services AcL However, toe system is not without flaw, as a number of scandals have revealed. Mr Green¬ wood dtes toe issue of custo¬ dy: who holds toe assets of a unit trust group and are they being invested elsewhere? I have £15.000 with a society. How safe is it if tire society collapses? Under the Building So¬ cieties Act 1986. 90 per cent of savings up to £20,000 per person (ie E18.000) is covered in toe event of toe society folding. This is toe maximum statutory payout and a husband and wife with a joint account would each be covered for this amount However, the Building So¬ cieties Association says there has never been a payout because societies are so care¬ fully regulated. If a society seemed to be in trouble a merger with another society might well be arranged. What about the £15.000 1 have in my bank? Is that covered too? Under the Deposit Pro¬ tection Scheme, cus¬ tomers can get back 90 per cent of their money up to a maximum of £13.000 per person. Interest earned on your account at toe time when toe deposit becomes due and payable will be protected, subject to toe lim¬ its of the scheme. In a liquidation, deposits cease to attract interest immediately, whereas in other cases de¬ posits will normally contin¬ ue to accrue interest until maturity. Hie payout is the maximum temporary pay¬ out pending the restructur¬ ing of the bank. It may not be the final payout In general, all loans, overdrafts and other amounts owing to the bank will be deducted when calculating the amount of the deposit on which com¬ pensation will be paid. And my policy with an insurance company? Individuals who have _ an insurance policy with a UK authorised insur¬ ance company are protected by toe Policyholders Protec¬ tion Act of 1975. You should ask your insurance company whether it is authorised be¬ fore you pay. The protection scheme guarantees up to 90 per cent of the insurance company’s commitment to the policyholder at toe time when the company goes into liquidation if toe company cannot pay out. You will get 90 per cent of the money you have in your fund at the. time. The scheme also covers general insurance for homes, and vehicles. How secure is my per¬ sonal equity plan? With unit trust Peps, the collapse of a unit trust management company is covered by toe Investors Compensation Scheme (ICS). You get back up to £48.000 if the management company fails, if the manag¬ er stole your money or committed a act of fraud. If you are a husband and wife you each get bade £48.000. If you bought your unit trust Pep through an independent financial adviser or tied agent and he put your money in a high-risk fund when you asked for some- tiling rale, you may have a claim against the adviser, or against toe ICS if the firm rejects toe complaint. Marianne Curphey Pelham Crescent, South Kensington, where flat-owners are seeking freeholds Charity faces court fight over Sara McConnell on a campaign by flat-owners who feel they are being deprived of new rights O ne of the leaseholders fighting to buy the freehold of blocks of flats on the South Kensington estate of Henry Smith's Charity is taking the charity to court claiming that it has failed to follow procedures laid down in toe Landlord and Tenant Act 1987. These are intended to give tenants toe right of first refusal of the freehold if the existing landlord wants to sell to a third party. The imminent court battle is the latest twist in toe campaign being waged by residents of the South Kensington estate, which takes in such exclusive streets as Pelham Crescent Onslow Gardens and Lennox Gardens. At issue is the control of the freeholds of their properties. Other flat-owners are fighting similar battles. Investigations by The Times have found that many landlords are flouting the law and threatening huge legal costs if tenants attempt court action. The Labour Party this week pledged to tighten leasehold enfranchisement laws and enforce sanctions on freeholders. Zippo rah Main waring, a resident on Smith’s Charity’s South Kensington es¬ tate. will ask the West London County Court this month to order the charity to issue her a section 5 notice under toe 1987 Act. immediately giving her fust refusal to buy the freehold. Smith’s Charity says it will not issue section 5 notices to residents to offer toe sale of toe freehold until a system of estate management has been agreed between residents and Cluttons, the charity's agents, approved by a Leasehold Valuation Tribunal and an appeal heard. Cluttons says a scheme is necessary to preserve the integrity of the estate. The tribunal hearing to approve a scheme has been postponed until the new year after initial proposals met with a storm of protest from some residents, who said they would not have control over maintenance costs. Ms Main waring says an estate management scheme was not part of Smith Charity's original sale conditions. She wants to buy toe freehold “unencumbered" by an estate management scheme. Cluttons. freehold agents for Smith’s Charity, would say only: “The dispute is over a technical point Ms Main waring has one interpre¬ tation lof toe Actj which is not shared by Smith's Charity". In July. Smith’s Charity angered tenants when it announced that it had sold the freehold of the E283 million estate to another charity, the Well come Trust, without having served notices on tenants under section 5. This would have given tenants two months to respond. Instead. Wellcome served notices under section 18. Under this section, half the tenants must declare their interest in being offered toe freehold within one month of receiving the notice. Chiltons, also acting as agent for Wellcome, says that Section 18 notices create more certainty and mean a quicker sale if tenants are not interested in toe freehold. WIN A MILLION every month ^ .... ; V ’■;Oryour money back ® £1 Million monthly jackpot Premium Bands. Any person aged '©or over can buy Premium Bonds for Themselves Bonds can be bought tiw children under 16 by their parents, igreat) grandparents or guardians. If you buy by post v*e will send you a copy of the prospectus containing the lull leims. ro which this advertisement is a simplified guide The purchase date will be the date we receive your application If you (hen wish to cancel your purchase, tell us in writing wntwi 28 davs and we will refund your money. But please note rtut vtw are not entitled ro any prizes drawn on the cancelled purchase Bonds go into the prize draw one full calendar month after the month of purchase. Three months nonce of any changes torhc pnze structure or merest rate that makes up the prize fund wfll be gven The Director of Savings reserves the right to seek evidence of identity for a free copy of the Ui temts and condition-, of Today's offer, or far a free copy of our Virtual Shop Guide covering all National Savings' unique investment opportunities you can caH us free anytime on QSOO 500 OOO Over 350,000 other prizes of £50 or more every month worth over £22 Million AH prizes tax-free You can invest £100 to £20 r 000 Money back at any time E62TM5 Please send this form to: National Savings, premium bonds. Freepost Bi 2092 , Blackpool, FY3 sxr. If you prefer, use a first class Stamp for rapid delivery. 1 Do you already hold Premium Bonds? Yes | | No [ | If Yes. please enter your ■-.-.-,-.-, Holder's Number I I I I I I I I I 2 Amount in words_pounds CIO u 3 M_ All forenames Surname. Mnenuni 1100 UiRo Jmourti mvM be M muhpte oltu Address in full .Postcode. Dale of Birth DAY MONTH YEAS 4 I accept the purchase will be subject to the terms of the current Prospectus. Signature Date 5 If buying for a child under 16, gtve name of parent/guardian- M__ IM, M n U» Mi) All forenames . Surname. 6 If buying for a (great) grandchild, give name of the parent/guardian above and your own name and address below. iMfUr.NVnUu All forenames Surname 19 Tfeadicqur ihoM bronwd AC Pzyrc'«]iuk-ui*iD notwi vm*s inuwM uoirwf CwntlMinViilHpinrfh chrque HriKainpviinicm atnmihihdVMiairfr 's HiKtin jmmciramir Address .Postcode. This form cannot be used to purchase Premium Bonds at a post office. NATIONAL SAVINGS a i AV V)Vu ' 1-safe ar , mk and ty savi n , ife-Ts O, i = ;v s.iSTia: Ct<. ^{*«£- r:i.. rat-‘4»:*rs.} f ':. :• liSifcsL-e'.. i^ ; 5ne£^: r >-.. ’• V .,J- cj> |M firsts; :•> -:? p-'-r f y|4fcrw\«-'. 1 fr .- ? ^{MCt*»V 7" • 4 . 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• ly-j*’ HjETjMES SATURDavNOVEMBER41995 PIA limbers up for final round of pensions fight C olene Bowe, chief exec- ! J[,ve of the Personal rea„l^t« ? lmeni Au oritv So l' iS P V Rin S °n her g? n ?S | ov«. determined, at S-JS JW», » Personal pension debacle to a satisfac¬ tory conclusion. ™iis change of personal style is good news for those f, an unsuitable personal pension and now awaiting compensation. Insurance companies, the principal of¬ fenders in this affair, will doubtless be less pleased. Al¬ though they should see the swift resolution of this unhap¬ py episode as the principal means of restoring public confidence in their products, a reluctance to confront reali¬ ties lingers on. This is shown in the public pronouncements of some se¬ nior insurance figures who see themselves as unfairly treated and put the blame on the media. The power of the press may be considerable, but the mas¬ terminding of a E4 billion scandal with hundreds of thousands of victims, lured into unsuitable pensions by commission-hungry sales¬ men is beyond our resources. The press is. however, con¬ cerned to see people make decent provision for their old age. It does not want to see pensioners farced by inade¬ quate pensions to fall back on the state. This cause should also be close to the hearts of insurance company boards anxious for increased pension sales, if not for pensioner wel¬ fare. But they must be prepar¬ ed to make reparation for their past behaviour. This week, the atonement process comment ANNE ASHWORTH Personal Finance Editor began in earnest, after months of prevarication. The PIA is now making dear the ultimate sanction for failure to provide information to its special pensions unit will be expulsion from the industry. This threat applies not only to insurance companies but also to flnandal advisers who have claimed cooperation with the unit would invali¬ date their professional in¬ demnity cover. The instinct for survival should now urge them to contact their watch¬ dog. Especially since the PIA has now made clear that any one of the 82 million people sold a personal pension can seek a review. No one at the PIA of course, expects the total of complaints to be even near this figure, but it is the son of number that concen¬ trates the mind. Those insurers and advis¬ ers who still believe they can escape scrutiny should be aware that Ms Bowels reput¬ ation depends on the outcome of this investigation. The writ¬ ing is on the wall. Or. rather in the full-page advertise¬ ments. detailing offences, that could be the next PIA penalty for wrongdoers. Making tracks THE announcement that Le¬ gal & General is to abolish the 525 per cent initial charge on its index-tracker fund is designed to fill us with grati¬ tude' at its generosity (see page 33). But the effect is quite the reverse. You wonder how such a fee was ever justified and whether it would have been discontinued if competi¬ tion in this market had not been so fierce. An index tracker mimics a particular stock market in¬ dex. holding the same shares and having (in theory) the same performance. No costly research work is needed. When Gartmore did away with its charge three yean ago. it said that there was no excuse for slicing 5 per cent from an investor’s cheque for such a simple low-cost opera¬ tion. Others persisted with the fee. hoping that investors would not notice. The arrival of Virgin has alerted the public to the amounts being deducted from their investments. The unit trust industry has had to make the best of this develop¬ ment. But ar its annual dinner this week, some hissed when the name. Virgin was mentioned. High spirits or resentment? More the latter. I think. WEEKEND MONEY 31 5 STEPS TO A RICH RETIREMENT If you are self-employed or are not eligible to join an occupational pension scheme, act now and save tax: STEP 1 STEP 2 STEP 3 STEP 4 STEP 5 Take advantage of all available tax refunds (up to 40%} for your investment Maximise potential investment performance by having a choice of the best performing pension funds Ensure your pension is flexible and takes advantage of all the recent changes in legislation Retain control of your pension fund in retirement Talk to Towry Law for Independent Advice Find out more by completing and posting the coupon for your free pocket guide on Flexible Pensions. Laris and bases of. and reliefs from, taxation are subject to change; any tax reliefs referred to are those currently applying and tbeir value depends on the tndtilduaI circumstances cf the Investor. The past Is not necessarily a guide to future performance. Talk to Towry Law TOWRY LAW FINANCIAL PLANNING LIMITED REGULATED BY THE PERSONAL INVESTMENT ALITHORTn' Baylis House, Stoke Poges Lane, Slough. SU 3PB FREE GUIDE Phone free or return the coupon below 0800 52 11 96 TOWRY LAW FINANCIAL PLANNING ITD, FREEPOST. Slough, SL1 3BR. REGULATED BY THE PBKSONAL WESTMEbT AUTHORITY 1 would Eke si know more about saving m and planning for retirement Fireworks fun for all. but remember, remember, household insurance policies and liability can be questionable should things get out of control or an accident happen Hidden hazards of bonfire night T his weekend is the riski¬ est time of year for householders as Guy Fawkes celebrations get under way. Apart from the danger of personal injury from fire¬ works or bonfires, the most obvious hazard is fire. On bonfire night, the risk of your home catching fire is 75 per cent higher than on any other day of the year. According to Eagle Star, the household insurer, there is an average of 600house fires on November 5 each year against 340 on a typical day. There are other threats. Eagle Star also found that the risk of being burgled on November 5 is 54 per cent higher than the daily norm. The average number of bur¬ glaries nationally on bonfire night, at 3.403. is the year’s highest. It is not hard to see why. The evenings are darker, many people are away from their homes attending firework dis¬ plays. and the sound of explod¬ ing fireworks can mask the noise of breaking windows. in most cases, your insur¬ ance company will honour claims. Theft is covered, while fire damage in the home caused by a stray rocket coming down your chimney or a bonfire getting out of control will also be catered for in household building and con¬ tents policies. The latter will pay out as well if fireworks or sparks from a bonfire set alight outbuildings such as garages, sheds and greenhouses. Dam¬ age to fences and gales is also included in most policies. Some claims are refused. Jacky Brown, underwriting manager at Preferred Direct, the insurer, gives an example of one policyholder who. in order to avoid damaging his lawn, built a bonfire on his patio. “The heat, from the bonfire ended up blistering much of the paintwork on the window frames around the patio. she says. “We had to turn down his claim for re¬ painting the windows, but if he had had an accidental damage extension to his policy we would have met the cost” Your household policy- also covers your legal liability as owner and occupier of your property. If someone is injured at a firework party at your home owing to your negli¬ gence — say~ because you told him or her to relight a fire¬ work that had not gone off and which then exploded — your insurers will cover the cost of compensation if you are sued far damages. However, your negligence would have to be proved. Your insurers would not pay out if guests are injured because of their own recklessness — for example, if they had stood too dose to a bonfire even though you warned them not to. Helen Pridham ^^^^rongchoice” at the wrong time could reduce your retirement income by up to one third. " ■“ FT Quarterly Review of VtMi Finance I 27 - 28 January 1995 MURRAY INVESTMENT TRUST SAVINGS SCHEME it&f. &>v- W : - £11.0001 £ 10.0001 £9.0001 Wuh-Proniii Annuity I0;C7SS- p.J. return anrlcipaicd £1.1.034.16 With-Profit Annuity 3..V* p.u. re rum anticipated ri2JMS72 ’ I Level suaramccd Cin.l2K.00 1 5*5 Ipiwniw CO.W3.9I 1 Index Linked £R .322.00 Incredibly, on an investment of £30 a month over the last twenty yeaa. the Murray Income Investment Trust &j£ST would have beaten a faftSSBr building society return mwow by over tQUABS ’ {ffggffiar So isn't it time you gave your savings an opportunity to grow? Choose co invest for income, capital growth or a combination of both by selecting from our range of nine investment trusts. Invest a minimum tump sum of just £250 or save regularly from £30 a month. Payments ran be increased, decreased or stopped at any rime. There are !v£c? no surrender penalties and no administration charges. The only- costs currently payable are stockbro¬ kers' commission <0.35t-> and stamp duty |0.5^> on purchase and if you sell, stockbrokers’ commission (]9\». | £? £?* seU - srockbrokers' commission (1C -i ^5,117.97 To accelerate the growth of y< I’KBrltJ Pria /Wn £1 M6S.3S aatBiibm uM i w o MiminWfiflPiCii"" ■»»!■ Chip urawt-i—n IB MB COM jfc «B — a H IB SWwm «*S near UavdagBu ; •; To accelerate the growen ot your savings - talk to us. With roots that stretch back to the rum of the century. Murray Johnstone is a successful and established Scottish in vestment management group. Call us for more information on 0800 289 978. or send rhe coupon today and give your money the opportunity to flourish. "MwrppJ 6 U|h< H INTO UtiAhi £5.0001- ' " ' ' . " 1" '» 1987 1988 1989 1990 1991 1992 1993 1994 1995 The figures in the above graph are based ob ^ purchase price of CURt.Oftfi on 1 April 1987. The form of annuity k a iornt-Hfr annuity - male and female aged bO. payable monthly in advance, not reducing an first death. Pas performance is no guarantee of future performance. Nunay.totinnonr LumitdiMXTXFREEyOSTGWMtSCtagovGI 2BX. Mmw -

  _ -— -— Munzy Johaow Limited (Krgobird by IMRCM,

  - -- - "WmN.WSnrrt.GkufiuoGl 2FX. TV .-I rn-ir br ,nol - *1™ w-hr, Mmir JJBBUiOC !»'Ittidu00»»ab.oIKnir •»iMUmuiBil !«■ (Bnb™ EJ fax014J .•& 3I’ll FMFStBU TOP MICE Of SHAKES *KD INCOME FROM THEN CAN CO WJBN AS Will to t'P PAST KUMOUUZ BST \ECHSA« ILV &EAIEMBLB THrMKEOf^ ^yESTORS MAY NOT HIT BACK THS AMI HW THFY ORIGIN ALLY P.VETOI TT atm You may not realise that when you take the proceeds of your pension fund you face a critical derision: which investment route and which company can provide the best possible income for you to live comfortably for the rest of your life. There is a range of different options available. Which one is appropriate for you will depend on your individual circumstances. Some will be offered by your existing pension provider, some may not. So, we inrite anyone approaching retirement with a personal pension fond to examine our range of retirement income plans and compare ft with those on offer from other companies. After all, haring spent many years carefoliy selecting your plan provider and contributing regularly 10 build Up your fund, it would be a mistake not to investigate aS the options before making a once and for all derision, liutiing your pension fund into income is compulsory and your choice irrevocable. Please shop around before you make your final decision, but especially take a look at what The Equitable has to offer - there are no second chances. " The above graph is designed to show what happened to four identical people and how different their outcomes have become. The graph is not designed to favour one route over another ■ everybody’s personal circumstances are different - that’s why you should seek advice about the most appropriate route. Furthermore, you should appreciate that the initial levels of annuities and their relative positions would v-ary depending on the date of purchase. Failure to exercise your right to choose could prove a very expensive mistake. The Equitable Life offers the widest range of retirement income plans in the UK. We offer plans that can guarantee a fixed income, can be inflation proofed, can be linked to stock markets and plans which can give some degree of control over your investment strategy and If you would like to know more about The Equitable Life Retirement Income Plans, by post or by telephone, return the coupon below or call Avlesburv 1012%) 2622t>. rccctuirk ujitti «ui <«ii fCia>T.\ ■ '■ ra.ir.au <» wro nw. HCU.WID m TrC KECKAl E-'VE.TOL'rTAtm MBIT nttPATMiu un. nojjnwT tutus men vylew.w\ hki -h» T« The Equitable Life. FHEEPG5T, Ttfam Street, Adabury Buis HP2J 7BR. 1 touU ttricnme detaib tm The Eqiauble'x Rc tran em Iixtcne Plans □ I expect to take the benefits bora a penocui pemits] pirn in the near future □ TMCPSfi NAME tMr/Mn/Mssi_ ADDRESS_ TeL (Office) lei: (Hamel. We guarantee that no company nnadr The Equitable Group wi] receive these deuSs. If. horever. nxt a-ouM prefer to receive no further mfomwtjcfl train ut pfcase tii thk bo\ □ The Equitable Life You profit from our principles % - 31 WEEKEND MONEY 01 . 'fd.fi r-f- * 4 ?, ' " THE TIMES SATURDAY NO VEMBER 4 1995

  Returns to senders TEDOflCHBUBN r-.-; t ■■vvdri lit® Morag Preston looks at the growing popularity of postal accounts mm pills

  ^{£2^11 i^r - 4*} • y^j* 1 have to give up capital growth potential to earn a high tax-free income if you choose Save & Prosper’s Extra Income PEP. In fact in the year since launch you could have had a total return of U.6%. And with a low initial charge of just 2 % and no exit charge you really can have the best of both worlds. •’•■ Talk to OS ‘ - k - ■■■■ ■ »-« a- wooK .;;::.^ i MB' 'Offrr to M. art bn>v numated b of OtfiiierS /S55. Scan.' UimpaL Fond lamnehei 1110:9*. ftut performance it nor netma nh a gtdde •0 fwttur perfamanee. THE INVESTMENT HOUSE THE VALUE OF INVESTMENTS AND ANY INCOME FROM THEM. CAN FAii AS WEll AS RISE AND YOU MAY NOT GET BACK WE FVH1 AMOUNT YOU INVESTED. TAX CONCESSIONS CAN CHANGE AND THEIR VALUE WILL DEPEND ON YOUR CIRCUMSTANCES. SAVE & PROSPER GROUP LIMITED IS REGULATED BY THE PERSONAL INVESTMENT AUTHORITY AM) IMRO. WE ONLY ADVISE ON THE PRODUCTS AND SERVICES OFFERED BY THE HEMING5 AND SAVE & PROSPER MARKEDNG GROUP. »v • • s ^ t . . .' ' .;■ ••’ ,:iV- -r'f-v V' "' "■ •. | ’ i -' V ■> :? vf l ! s -.r.i ' '-I s -- ■; ■ ' •. : «V: j.r «j \^f m m't; . - : r_ j!/ , ' ■ - • y •" - .v *.. ;• V/.f^V - : •' > v -_-V • •. •:<.• £. :. \i,v The Fidelity MoneyBuilder Income PEP. Call Fidelity Direct now. yay Fidelity's Corporate Bond PEP offers a high income with no entry or exit charges and a low 1 annual management fee. For more information, with no obligation, call Fidelity’ on the number below. The fidelity MoneyBuilder PEP. 0800 41 41 61 Fidelity MoneyBuilder is a proven performer tor those seeking long-term growth. It’s delivered above average performance over 1,2,3,5 and 7 years, with 74% tax-free growth over the last three years alone! Fidelity Direct, FO Box 58, Tonbridge, Kent. TNI 19DZ Fidelity Direct" Take a wiser line with yc cur money. Estimated grot income calculated on 26.10.95. The redemption yield L* 7-5%! and adjusts for any expected capital pain/1osa if the bonds arc hdd until maiuritv- The Money Builder Inci ene f'EP .inj Money Builder ^{FEP are iiwiLHc Aw lump 'em invesmu.'iits only; with a minimum 'i| £3 ,IlVC. tS'Hiice: Micn^nL otter to bid. annualocd. Ktu» inciime tcin*&tcil over rhrcc ytir* in 1.10.95. Five vr.ir perAnmance +104“” Money Builder new launched S.2.6S. nrvl h.i* been available as n PEP since 31.1.94. Pan pcifonnaircc is no ^uainntev of hiture returns. The value of inw.amvnb .ind the income tnim ilv;m mnv ssj slwwn as«vll at up. and \iw may not wt back the amount ins-cAcd- Fidclitv MoneyBuikkr t. an authteiwd unn oust c4tercd and managed H Fhiclitr iniiNnKin Sen ices Limned, n-jnibled hy IMRO -. $ :■ - .... - Mail orders: every postbox becomes an account branch tuck away the left over in a postal account" Such is tire popularity of sane postal accounts that they become oversubscribed quick¬ ly and building societies are forced to turn away new customers. Within the last year. Northern Rock has dosed four postal accounts. However, they will reopen after November 9 as a result of the society’s major reorganisation programme. Northern Rock says: “In order to control what is coming in. we need to turn off the tap occasionally." Cheltenham & Gloucester, the first major building society to offer savings accounts by post in 1989, is one of the last to introduce tiered rates. On October 21, C&G divided its single tier London Account into investment brackets of £1,000, £25,000. and £100.000. However, C&G’s rates have fallen to 5.85 per cent gross on £25j000 since it was taken over by Lloyds. As well as supplying pre¬ paid stationery, C&G is one of the few that allows its custom¬ ers to mate withdrawals by phone during working hours, or to deposit money over the counter. Customers at the Coventry may also make with¬ drawals by phone, but must make deposits by post The Coventry is to reopen its popular Postal 50 account on Tuesday, offering an annual gross rate of 5il per cent, on hnlanra of £2,000, with inter¬ est increasing in tiers to 7 per cent on balances of £40,000 plus. Most societies offer a 24- hour turoround on transactions. Mr Hooper picks out Leeds & Holbeck, at 6.20 per cent gross interest on £25,000. and Dorset-based Teachers, at 5.45 per cent gross interest bn £20.000. as his favourite inst¬ ant access postal accounts for this month. “They offer much better value than high street accounts," he says. “But they do require a high minimum deposit" Customers need to S it aside a minimum' of 0,000 and E500 respectively. The Bradford & Bingley upset customers recently when it cut its rates on postal accounts six weeks after the launch of Direct 60. which paid 7.15 per cent on £15,000 and 7.4 per cent on £30,000. A little more than a month after the launch, B&B cut its postal account rates by 0.4 per cent Nottingham and Birmingham Midshires are among the highest payers, at 6.55 and 6.2 per cent gross on £25,000. Asset (Bristol & West) account pays 6.1 per cent gross on that sum. Chase de Vera's Mooeyline is a useful source of informa¬ tion on 0800 526091. Ethics and availability fight for students’ cash T he result or the great chase for students' ac¬ counts, a ritual of freshers’ week, is almost at an end. Although official figures will not be available until"later this month, it appears that Barclays is ahead of the pack, having acquired for itself an ethical image. In the Eighties the bank was the subject of a student boycott for its South African connections. Banks still place great im¬ portance on acquiring student customers, hoping to win their lifelong commitment. Barclays says its recruitment figures among students are up 15 per cent on last year. The bank wooed students with a £20 cash bonus, commission- free traveller’s cheques. US per cent interest, and up to £750 free overdraft. Richard Har¬ vey. head of youth market at Barclays, says: "This is our best year ever. We’re doing well at all our venues.” Midland, popular in the North, predicts it still has 24 per cent of the student market it held last year. A £30 cash bonus. 296 per cent interest, and up to £500 free overdraft, were among the incentives on offer. It 'also distributed 300.000 free scratchcards at freshers’ fairs. Lloyds reports encouraging signs of student uptake. The bank offered a £30 cash bonus, 1 per cent interest, and £500 free overdraft. Halifax, which came in fair¬ ly recently, and proved popu¬ lar last year, reports a levell¬ ing-out of recruitment this year, with an 8 per cent share. Its Maxim account offered 425 per cent interest, and up to £1,000 free overdraft. Student unions can play a significant role in influencing undergraduates as to whom they should bank with, as the Co-operative has found to its delight The bank attracts a lot of second and third-year stud¬ ents over its ethical stance. The Coop says: “Mature students choose us because we tell them what we do with their money. Freshers, on the other hand, are hooked on giveaway keychains and vouchers." The Coop, which offers 0.25 per cent interest and up to £500 overdraft facility, is al¬ ready ahead of target Lloyds and Midland, however, are on a blacklist at some universit¬ ies, including Newcastle and Bournemouth, over “involve¬ ment in Third World debt". Uoyds and Midland were removed from Exeter Univer¬ sity’s blacklist last week, because the students' stance proved impractical. NatWest, offering a £2) cash bonus. 2 per cent interest and up to £750 overdraft facility, is the most popular bank on campus. Simon Hodgson, commun¬ ity officer at Exeter, said: “NatWest is the roost popular by default because no other banks are allowed on campus. But Barclays is trying to move into the student market, and has started recruiting off site.” Morag Preston Corporate Bond PEP \ Cs-w* tj: r*. i 'v - ■, .■ f; Or V. Tfe’ 5 STAR 8 * 5}

  YIELD Pi YIELD PA TAX FREE Micropai rating for consistent performance* & gf T ?/ £ & Henderson Touche Remnants latest PEP offers you a high, tax free income farni a well established portfolio, at a highly competitive price. Launched to lake advantage of the new Corporate Bond PEP rules, HTR Preference & Bond PEP is unusual because it is 100% invested in a fund with a strong track record, HTR Preference & Bond Fund, which has a 5 star rating from Micropai for consistent performance over 3 years. Henderson Touche Remnant is one of the UK's leading PEP providers. Before you choose' this year’s PEE check the facts from HTR.

  Sjuilw Micropai. 3 years lo 313.9S TThc current cainutcd gmv. yicU of ft.fHh is (used on a quoted oiler price of «2lip xd calculated ai 114 wuiu- HTR HTR represent products And services ol Henderson Financial Management Limited, regulat¬ ed bv IMRO and ihc- Personal Investment Ainhoniy pasr performance Is noi nccwanly a reliable guide la die falurc. The value nf investments and ih income fmm diem can go down as well as up js a result ol market and currency fiuc- tuaiicms and the Investor may not gel back the amount Invested. lanes rriaUng to PEPs may change if the bw changes and the value uf uv relief depends on the circum- siances of the mvesiut jiijrni J To: HTR InvestorSenice-.. FREEPOST Newbury RGI3 IBR. « Please send me full Information on HTR Preference & Rond PER available from 6 Jutv \t v,r h* S '= 'r 1 Z >4 1 v. j! %{m7-y w i i 1 JhQV EMjfc r |, . m ,r- ._ "MV- - I . .•VL 4 .V ‘! . . »r r ; . • . . \'n *t,!' ••' ^ V.. 3fC : - v2- . ■I • &•••'•' '—• .. J .v tV . | . urihnwra jv> pU^fes prrx-r ■ in. 4# ' : -'.r- is fjKkkvfr r-r C : A & 3?; • VI-uX’ mt^L- ■ ; ' m^r.-r ■■ ^{Ul.l • ■ j&>; *• ■v /■ • r,«- ■■■»• tj c-V} '• ■ &. -r i'-i ' :■■•" 9S& :’•-••'• sfc^'-r
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  ^{fcf ■■ ?. v. ’ • SjjLJiMES Sati iPn ^Y NOVEMBER 41995 The art of investing in an emerging market AX a WEEKEND MONEY 33 A Erica was Term Incog¬ nita to most Europeans before the great expedi¬ tions of the lS70s, such as that of Dr Livingstone. This week, however, it is very much in the news, but for ail the wrong investment reasons. The feet that the South African Stock Exchange, a cornerstone of liquidity in the continent's money markets, is undergoing its own “Big Bang” or deregulation, has been overshadowed by other events. In a Durian court this week. General Magnus Ma- lan. the former South African Defence Minister and ten other security chiefs from the apartheid era. were bailed after being charged with mur¬ der in relation to the massacre in 1987of 13 people. In Nigeria. Ken Saro-Wiwa. the play¬ wright was sentenced to death, provoking worldwide condemnation, including a strongly worded statement from the Foreign Office. It is into this apparently unsettled investment environ¬ ment that GT proposes to launch an Africa fund this An Ashanti 18th century terracotta head, at the Royal Academy of Arts Africa: The Art of A Continent exhibition month. That there is growth potential in certain African markets is beyond dispute. Indeed, the African story could well be tiie emerging market story of the next few years. Others in this category.’nota¬ bly the now more mature Far East Tiger economies, such as Thailand and Malaysia, are taking a breather. John Legal. GTs director of emerging market investments, points out that in 1965 nominal per capita income in Ghana was US$260. almost twice that of Thailand. Some 30 years on. the positions are reversed, with Ghana advancing to $430 per head and Thailand streaking away to $ 2,100 per person. In Mr Legat’s view. African stock markets and economies in general have been held back in the same way that many Latin American countries were in the 1970s and 80s. These factors indude excessive control of national economies, centralised planning, import substitution, tariffs, price and wage controls and restrictions on foreign exchange. In cer¬ tain countries, corruption should be added to the list Tribal and ethnic conflicts have also played their part These include the war of Katanganese succession in what is now Zaire in die early 1960s. the Nigerian war of the early 1970s and the complete breakdown of law and order in Somalia in the early 1990s. Turning to individual coun¬ tries. Mr Legal says that in Uganda, once hailed as the Pearl of Africa, investment is only now beginning to pick up after the imposition of a strict economic regime, backed by the International Monetary Fund, in I9S8. Cotton produc¬ tion has doubled to 70,000 bales since. The continent is still rich in minerals, and tourism is de¬ veloping rapidly. There are now 14 bourses, or slock exchanges. Besides South Africa, other nations with bourses include Eygpt, Mauritius and Namibia. Mr ^gat says that favoured countries for his portfolio are likely to include South Africa. Egypt. Morocco. Ghana. Bo¬ tswana. Kenya and Mauritius. He adds that portfolio weightings should reflect the fact that the Africa story is only part of the emerging markets theme, but is certain¬ ly worth an initial or even increased exposure. It is one for locking away on a long¬ term view. T he price war in the personal savings market intensified this week when two leading unit trust managers scrapped initial charges on their funds. The moves, by Legal & General and HSBC Asset Manage¬ ment. were prompted in part by the current mood of apathy and suspicion among private investors, which has seen unit trust sales fell by 20 per cent in recent months. In addition, managers have watched Richard Branson attract £100 million of new savings to his low- cost Virgin personal equity plan (Pep) since its launch in March. They are also looking forward to getting their hands on some of the £15 bQlion of funds that are held in tax exempt special savings accounts (Tessas) and axe due to mature next year. As a result, HSBC whose UK Pepping up interest by abolishing sign-up fees Index Fund is worth £162 mfllion. announced that it was abolishing initial charges on seven on its funds. From January 1, there will no longer be a 525 per cent charge on its index tracking funds. Legal & General which said that it aimed to increase its share of the Pep market from 1 to 10 per cent in the next three years, has scrapped initial charges and withdrawal fees on its five existing Peps. The company has also launched a low-cost index-traddng Pep that claims to be the cheapest on the market, investing in L&G’s UK Index Trust, holder of nearly 72 per cent of shares in the FT-SE 100 index Index-tracking funds aim to match die growth of an index — a measure of movement in value by a certain number of shares. There are 39 authorised such funds, with £2J trillion under manage¬ ment and investors need to choose one until a good record, not just opt for one with low charges. Among the cheapest Peps is Virgin’s, with an annual management charge of I per cent and no initial charge. Gartinore’s UK Index Fund Pep has no initial charge and an annual 1 per cent charge. Marianne Curphey the left hand column. Investment of £1,000 in December 1945 Foreign & Colonial Investment Trust PEC + Higher Rate Building Society Account 1945 £1,000 £1,000 1970 £30,269 £2.554 1985 £191,470 £8.489 1995 £922.610 £17,363 If you are looking to accumulate a sizeable sum, there’s a decision to be made. Here are a few helpful pointers.}
• The Foreign & Colonial Private Investor Plan is one of the lowest charging available. It is also flexible - it allows you to invest monthly or by lump sum into our range of investment trusts and you can alter the amount and the frequency of your savings without penalty. Don’t leave it to fate. Find out more and enjoy the benefits of Foreign & Colonial. Foreign Colonial Name;.. .. INVESTMENT MANAGEMENT Address,.;... . ..—-- .. Phone 01734 828 802 Fax 01734 344 622 ... . ” any time, quoting the coupon code. Postcode ; ..CODE:P411?5r. Re turn this coupon to: Foreign & Colonial Management Ltd. PO Box 2, Twyford, Berkshire RG10 9NW . j., ~yiimvw *pm them can faH as well « fi you may not get tack the full amount Invested. Paa performance a no waIu !5 f ttemmS (1SS5 figure to 29«©5). 'Bask net me to 1952-sowceBZW. Thereafter highest net rate wafebte total return, net interne reinvested. tSource Foreign & Colonial Management Ltd using fr “ n ind historical 15* notional expenses. Plan charges 02% commadon rad 05% Govt stamp duty Foreign & S^ialMwws^™ ^L ®B ,J,B t rt ^{,, ^^t he P e,s} ,nv 0, ^{o, ’ fI ssubd*ariesaredieManagers«»ftheSnwsliiiemtius»s. •MARTIN C 0 R R i E • 1 N V E S T M ENT TRUSTS With our new investment trust, you’ll be made in Japan. The world's second largest economy is poised to regain its momentum. The Japanese government has token positive action to stimulate economic growth: corporate profitability is set to improve and the stock market is ready to move ahead. The opportunity for capftai gowth through investment in Japan looks promising. Even more so when it’s in the hands of Martin Currie. Our overseas investment skills are widely acknowledged and our outstanding record in Japan is dear to see. Martin Curried free Tear Record in Japan* Hk Mafti Cun* ^pat Ftod « ud m«t nib the top AV\ OURS fern MqpcndKt asijsto Rad Kesemh h* ajintd on hnpreaaw v i ufanm or record ptullwh* foe ftas-Pic same lam will 6e nnmtfng d* new omstmait tnst Now we are offering investors a chance to participate in the new Martin Currie Japan Investment Trust It will be led by a top team of fend managers with a wealth of experience of investing in Japan. If anyone has the know-how to realise the potential of Japan's recovering economy, it's them. With a minimum investment of just £500, they can be working on your behalf c o. <>Y V « What's more, you can choose to receive cash or wanrants with your shares. Don't miss this exciting opportunity. Call now on 0800 132647 to obtain your mini-prospectus. Alternatively, you-can fox the coupon directly to us on 0)369 840518. Don’t wait too long - the offer doses at 12 noon on 17 November 1995. Call now for your mini-prospectus. Plusc complete and return this coupon to Martin Ciurie tarvertmenl Management LuL FREEPOST. TO Bat 9. Dunoon. Argyll PA23 7UZ. Please send me a mini-prospectus for Martin Currie Japan investment Trust pic NAME_ ADDRESS. POSTCODE. No salesman ml cal TT4/1L95 MARTIN-CURRIE FREEPHONE 0 « 0 0 1 3 2 VKKOKf TWj AWOmSEMBCT & *H>T AN BtVSTKTOt TO WU FOB SHARES WH SHALL IT MW TW MB W. »JW BE 8EUES (191 W CDtfeiBCTVM ViTTH, MW C0KTMC1 Kft THE AEQCtSmtK CF SHARES. APnjCAIHNS FOP SHARES MIH WARRANTS XTTtCHB) IN THE NEW INVESTMENT TSl/ST MAT OPO BE HADE W nE BASIS uf THE KP0KMAT70N COJfTABIED IN THE MM-fBuSPECnG WHICH MAWS THE AreUCAnON FORM. PLEASE REMEMBER THAT PAST PERFORMANCE IS MOT SOCESSAKUT A CtTDE TO THE PVnWL MARKET AND CURRENCY MOVEMENTS MAT CAlQE THE ULLT OF SHARES. AND WE BICnME FWMTOEK.'PJ FALL As M3J.AS HSE AND VW MAI’ GET BACK US. THAN TOO INVESTED ILMEN TUU DECIDE TO SOL YOUR HUHES. •Source; EurrloseOtciia’MihiHiincrarwri ffrieSVnlniaifT.-ijiSovU) I SejAcTber 1985. Matin Currie Investment Management Ltd. Saltire Court. 20 Castle Terrace. Edinburgh EH3 2ES- Regulated by IMRO. Published every six months, The Mercury Investor’s Guide is a new, free, 40-page publication that will prove invaluable to anyone interested in investing. With thought-provoking articles by well-respected financial journalists and comprehensive details on Mercury Asset Managements extensive investment range, it makes compelling reading. For your free copy, please call us now or return the coupon. To: Mercury Investment Services Ltd, FREEPOST, London EC4B 4DQ. Please send me my FREE copy of The Mercury Investor's Guide TUCD 44 Surname First name Title Address Postcode MERCURY ASSET MANAGEMENT BRITAIN'S LEADING INVESTMENT HOUSE The value oi brveslmeflis m»y fluctuate and are not guaranteed. ■ Issued by Mercury Investment Services Lid. 33 King William Street London ECfR 9A5 whinh regulated by die Personal Investment Authority and represents only the Mercury Marketing Group and Ks packaged products which Include unit inuaT’WP. pensions. ■ We wfli not disclose any rf your details outside Mercury, Its associated companies and agents. W e may write to tell you about other Gram you would prefer nano receive such details, pleas* write to us gruoucis, n JOIN THE MARCH OF Technology used to be what they did in Silicon Valley. Now it's everywhere: from PCs and the information superhighway to washing machines and cars. It's a vibrant long-term sector - and we have a powerful long-term unit trust to match. To celebrate five years of top performance*’ and our faith in the future, we're offering a 1% discount on all lump sum investments in the Prolific Technology Unit Trust until 24th November 1995. To find out how it all works, with no obligation whatsoever, simply fill in the coupon or telephone this number. 0800 35 37 37 ROLIFIC When phoning, please quote reference number below. Please send me details of the Prolific Technology Unit Trust. Please return this coupon to Prolific Unit Trust Managers Limited, FREEPOST, Kendal, Cumbria LAS 8BR Jill Insley on a subject most people ignore Critical times call for critical-illness cover waass ssssf Iss W hen you have just been told that you are suffering from a life-threatening illness, the last thing you want to worry about is money. Yet only 2 per cent of the UK population has bought special insurance to provide a financial safety riel if you develop a serious and possible fatal illness. Criti ca l-illness insurance pays a cash lump sum if the in¬ sured is diagnosed as suffer¬ ing from any of a list of medi¬ cal conditions. All policies cover cancer, heart disease and strokes — but many also give protection against less common conditions, such as organ transplants, multiple sclerosis, loss of sight and par¬ alysis. Most insurance firms pay out if the policyholder survives 28 days after develop¬ ment of a critical illness, even if he or she is being kept alive by a life-support machine. Cover can be bought as a stand-alone policy, or as an addition to a whole of life or term insurance policy. Premi¬ ums are normally reviewed — Disaster averted by payout WHEN Alan lane was told he needed a heart bypass operation, it could have been a disaster for his family-run business (Jill Insley writes). Before his operation, he worked up to 100 hours a week in his plumbers 1 mer¬ chants. But last March his doctor detected heart prob¬ lems. He went into hospital for tests and four days later had open-heart surgery. He was in hospital for eight days and took four months off. However, thanks to Davies Wagh of Birmingham, his independent financial advis¬ er. he had taken out critical¬ illness insurance from Skan- dia Life in January 1994. He said: “ After my opera¬ tion we contacted Skandia who sent a form to appraise my daim. They rang back to say it had been approved and six days later I got a cheque. 11 and increased — every five or ten years. Most insurance companies set a minimum sum assured of £50,000. ■ Patrick Bunion, manager of London & Country lifeline, an independent financial adviser, believes many people have been put off critical-illness insurance by the cost. Critical- illness Insurance is considered more suitable than life insur¬ ance for single people without dependants because they ben¬ efit from the payout The cheapest way to buy critical-illness insurance is as an addition to a life insurance policy. A 40-year-old man who does not smoke would pay £53.lip a month for £50,000 worth of cover over a 20-year term for permanent insur¬ ance. but a policy which paid out the same amount on diagnosis of critical illness or death would cost £41.95. Another way to cut the cost is to limit the number of illnes¬ ses and conditions specified by the policy. Abbey Life Living Assurance Select policy covers just cancer, heart attacks and Strokes, illnesses which ac¬ count for 86 per cent of critical¬ illness claims. The 40-year-old male non-smoker would pay £27.14p a month for £50,000 worth of Select cover. But someone with a family would be better advised to buy a policy that will pay in the event of death, even after a daim had been made on it for critical illness. This policy costs more — the 40 -year-old non-smoker would pay £16.73 . a month for a £50,000 Sun Alliance living benefit policy, that paid out on either illness: or death, and £18.48 a month to pay on both. But Mr Bun ton favours a stand-alone policy offered by Swiss Life — Critical Illness: Plus — which guarantees to charge the same premium for the same sum assured throughout the term of the po¬ licy. Swiss Life also pays out if the policyholder survives for just 14 days, rather than the normal 28 days. Our 40- year- old man would have to pay Swiss life £37.92 for his £50.000 worth of cover. NEWSTEAM Alan Lane's business was saved by a rapid payout Low success rate on claims . Postcode. 03 04 K5 -I^CCCC-.WT AvaiAMl CN mitai ->-rr w?.* ;i-u rv.'trruwr, um»i iicmON MW WWW 1W5 ’"AUKt TO N), WWH NET KOMI NEJNttsrro lo:WX!OW>.r«S TMf MS w;cu*HOM!»*Myc, .;aDCWK«IMU 4SuPS,:HjM0("ajr:wA, G*u5| T>} v*U/t C* UN&t»r\NS OVERSEAS IWLftMENT, 10 GO DOWN 0 l nauK WIT f^uET MANAijcns UMi7t£> « MMIER Of TVit SCOTTISH nu>DINI uroup iS MOUATOD «, MORE than one in five critical-illness insurance claims are rejected. The most important single reason for not paying out on claims is non-disclosure. According to a survey from Employers Reassurance International, which reinsures most of the leading insurers, 75 per cent of claims made for permament and total disability are turned down. Nearly half of those claiming for renal failure are turned down and a quarter of those who claim for heart attacks, strokes or multiple sclerosis are denied their daim. However, only 13 per cent of cancer claims are denied. These claims account for more than 50 per cent of the total. Phfl Geverley, underwriting manager with Employers Re, said: “Our research shows that one third of claims are made within a year of taking out a critical¬ illness policy. Some people take the attitude that they should just try their luck." One of the most contentious areas is permanent disability. While most claimants feel if they can no longer do their job they should be able to daim, many policies state if they can do any job, they are disqualified. Hugh Thompson UllMJ ANO TNf WVESTVSWI MiTHCtOT,' VC IS HIM UMEIOI M/T* SO %/> oGAN ^P^wenf e u sHT/f Ja ,0 »

  Purchasing a PEP from one of the above companies makes sound financial sense. However, invest in any of them via Chelsea Financial and you are really on to a good thing. That's because we give a discount of up to 5%. Which is not available if you go direct! It gets better. We will also advise on the current best buys, depending on whether you need income or growth. Or a combination of the two. For instance, on a Corporate Bond PEP we can give you up to 9% income. Chelsea Financial is the UK's leading independent PEP discount company. So whilst there is a wide choice of PEPs, there is only one adviser. Chelsea Financial. So don't invest direct. Get a better deal by calling us on 0171 351 6022. Or return the coupon. Together we will make quite a splash. Chelsea Financial Services f (jr \ J the BEST ADVICE. THE BEST DISCOUNTS. \?|5r\ Chelsea Financial Services Ltd, FREEPOST, 2/1 Harbour Yard,

  ^{Chelsea Harbour, London SW10 QYZ Tel: 0171 351 6022 RKVlATEP 97 TV*. KMONAL BNEPMENT AUTnfiWT t Ttfi V&lUl OF INTOlMttiTS AND THE INCOME FROM THEM CAN FAIL A j WELL A5 RTSF Chelsea Financial Services Ltd. FREEPOST, 2/1 Harbour Yard. Chelsea Harbour, London SWiO 0YZ. J I would like to know more about the leading discounted PEPS. ! Address TRANSFER TO THE NEW FIXED RATE TESSA Hie Chancellor confirmed in his last Budget that when your current TESSA matures, you may re-in vest the capital in a new TESSA. Tire new Robert Fleming TESSA offers an interest rate of 7.50% p.3. fixed for five yeans. So whatever happens to interest rates over that time you know you will get a guaranteed maturity amount of up to £12,920 at the end of five years, assuming you invest the maximum £9,000 capital. You can transfer any amount of capital between S3,000-£9.000 and, what’s more, if you transfer now, we will pay 7.50% p.a. on your existing TESSA until the maturity date and automatically open a new TESSA for you. So if your current TESSA matures between 1st January and 31st May 1996 call for an application form today. '50}
• Postcode. TAX-FREE FCH^yBSb/ 0800 829 024 24 HOURS A DAY 7 DAYS A WEEK Flemings SAW & PROSPER MTFasr u*n a&sa 10 ccwtvuld of n«K »p «m k whoww i n c*a «t MWt ACaHQ TQUEAlfUOnC'N MO*. T>« MsmSFPIFtf APIUSKAMwWn ihhof ICW C COUNT UHW“ CUBTOT USA NT SVEMJf WWABOMS iHrfCESI aCZJVEO “0* IB* B NO! 9.CXC1 WTw. HO ««!t*-Mi it UMTOl *Jt WCWD IMTH. wn «..» Tp» w it* nuoum ecw«T Hum*:. co umhk «&6rjj j c*wi » conwu mix iOwiv»i k» CtPOiTS S WIMCW1 VJF L now /UvtKttK, M tOCfUMMft f THf tiss ij aoHD c* iwi'/mo kk*i iis m yum. thi@ m* be » ch*ki wuo ny NCUMD Jf 1 li UWCL ! jffCffID !■» IHJ oCCouM RJU! SAVING AND INVESTING FROM AS LITTLE AS £25 PER MONTH NO ENTRY COSTS, NO ANNUAL FEES AND NO MINIMUM INVESTMENT TERM With Scottish Investment Trust’s STOCKLPLAN scheme, it’s a reality. The only charge made on your investment is the statutory Stamp Duty. Everything else is invested and works for you. Invested in one of the world’s largest trusts. One which has been looking after stockholders’ funds since 1887, and has proudly maintained its independence. And you can invest by way of regular savings or lump sums or a combination of both in a diversified portfolio which includes some of the world’s most successful companies. gKjjj Scottish investment Trust 6 Atoyn Place, Edinburgh EH2 4NL Please send me the SIT ST0CKPLAN brochure and application form. Send tbs coupon to Alan Jeffrey, SIT Savings Ltd, FREEPOST EH 882,6 AJbyn Place. EtSnbwgh EH2 odh W e also offer a tow cost Personal EcmIy Plan. Please lick tots box for rie.tsnk. I l Name 1*8_ (BumcMmumusa flOMfltsammt °v SIT Savings Lid. a notvowned sutuMlary investment Authority. Pas! oarformance is no guarantee of Mura returns. The value of snares andthH^Hmme

  womjhBtn cjngo Qo«n as wee as up and investors may not get bacfc the amount ongmaffltwegw. \&> ~ £ times Saturday November 4 1995 WEEKEND MONEY 35 l fwaptc i hb* ;'v«5Ckiiwawsy 3tr»b«3ifc insur* twpfe fel»ui miis;.;- ;'• &/»- «r tars' mttaujat i 4s sr :r ii«uU paiT » : -;js&.gob ?w. 4 3t^*ar attrpf- i\v^. ic? .hartt jiftf-j

  MWMinV'.'ai 5 ' 3 £|£«sc.; ■- jfcMStt 'titaf-sasi ■ 'VQ&iS afour. rtfSttidu

  :4«f‘ .r „ /‘l' Bw: »e«b: S: CV a r - • ^cr'.; L : i :•>.' 03KS :---■ rj ■ r '/ , r.-*frr v . a rr' - Vr-iat—.OL: ....- —j Cxi i - ii'k j; ■» V: ?»j, , - V " But • ?- ; S'A ? '^ j* • .- •. - . .’ . ^3 rm. MpS Wf- ..:•■ j on claims At ■:•>»-..: • i ''teeit. v.- **NST‘ - >-■!■ •• staW'ji-- "'- « ■ .''liti. > fife.tf-v’' ■•••• v-y. y 1 itir'iNv subs ■•■■ - ?MH Gamble with Ernie - but keep your stake When were Premium Bonds introduced? The first draw was held in 1957. The top prize was El,000. Significant events in Ernie’s history to date include his replacement in 1973 by the speedier Ernie Mark II. In
• Ernie Marie III capable of completing the draw in less than two hours came into operation. In 1990, in a bizarre episodfe, it was alleged that M15 was using Premium Bond cheques to pay freelance agents. It was claimed that cheques were sent out from the Premium Bond headquarters in Lytham St Anoes. Blackpool. The sec¬ urity services then reimbursed National Savings. But the rumour was denied by the Prime Minister, who said there was “no scope for abuse of the system* 1 . The Depart¬ ment for National Savings was not asked to investigate further. Today, the depart¬ ment says: “We would have had nothing to teii, other than to comment that the sugges¬ tion was pure fantasy.” Lord “Lucky" Lucan won £100 in 1980, six years after his disap¬ pearance in the wake of the murder of nanny Sandra Riven The cash went to creditors. How many bonds can I bold? I/*I In 1957, the maximum holding was £500; it is now £20,000. The minimum pur¬ chase is a relativdy steep £100. Purchases above that figure are in multiples of £10. Bonds can be bought by those over 16 only. But parents, grandpar¬ ents and guardians can buy bonds on behalf of children. Bonds enter the draw once they have been held for a full calendar month. More than 23 million people hope to win the £1 million top Premium Bond prize. Anne Ashworth reports How are the winners selected? l£SJ The prizewinning num¬ bers are chosen by the fabled Ernie, not a computer, but an electronic random number generator. Ernie works by a complex system of electronic noises, generating random numbers by means of a num¬ ber of tiny Zenit noise diodes. The noises made by these diodes are converted electroni¬ cally into the digits that make Premium Bond numbers. Sus¬ picious bondholders will be re¬ assured to learn that, each month, the Government Actu¬ ary monitors Ernie's output The officials carry out statisti¬ cal tests to check that the letters and figures that make up the winning bond numbers are produced entirely at ran¬ dom. and that each eligible band number has an equal chance of winning. What prizes are on offer? About £24 million a month is paid out in 368,430 prizes (November total). The prize pot is calculated as a variable percentage (currently 52 per cent) of the total invest¬ ed in Premium Bonds. The monthly prize structure was introduced 18 months ago. There is one £1 million prize, two of £100,000. three of £50.000, four of £25.000, ten of £10,000 and 25 of E5.000. In addition, there are about 368,435 prizes of between £50 and £1,000, all free of income tax and capital gains tax. Whai are the odds of winning a prize? 1^1 The odds of winning any prize are I in 15,000 for each single £1 unit. But these widen to 1 in 5.53 billion for the jackpot and 1 in 276 billion for a £100,000 prize. They reduce to 1 in 16211 for a £50 prize. The law of averages sug¬ gests if you hold £1250 worth of bonds, you should win a prize a year. With the maxi¬ mum £20.000 holding, you should win 16 prizes a year. How are the odds worked out? l£-U In the past few weeks, several readers of The Times have written questioning these odds statistics, particularly those for the £20,000 holders. Michael McDade. deputy head of operations at National Savings, explains: “To calcu¬ late the average chance, or odds, of winning a prize, the number of eligible bonds is divided by the number of prizes in each draw. For example, in October, die num¬ ber of eligible bonds was 5.405,981,018. and we paid out 360J9S prizes. Hence each El bond had a 1 in 15,000 chance of winning a prize." He continues: “A number of our- customers who hold £20.000 worth of bonds have won more titan 16 prizes in a year and a number have won less. It is the average number of prize wins which, for maxi¬ mum bolders, works oui at 16 a year. This follows from the fact that, to a sufficient order of approximation, the average number of prize wins is deter¬ mined by the number of bonds held times the chance of winning times the number of draws, thus: 20,000 x 1/15.000 x 12 equals 16." Why do the newer bonds win all the prizes? l£U The conviction that the more recently purchased bonds receive preferential treatment leads many holders to cash in their bonds to buy new ones. However, National Savings points out that there are more prizewinners among the recent bond numbers, because many earlier bonds have been cashed in. Switch¬ ing from old to new bonds puts you at a disadvantage, as bonds do not enter the draw until they have bon held for a full calendar month. Wiry does Ernie have a bias towards the South? l£*u The myth of a southern bias holds considerable sway, reinforced by the frequency of Surrey £1 million jackpot win¬ ners. Four of the 20 million¬ aires created to date, inducting this month’s, come from this county. National Savings, however, points to the owner¬ ship statistics: southerners win more prizes simply be¬ cause they hold more bonds. National Savings points out that names and addresses are not stored within Ernie's sys¬ tem. Iq] Axe Pre mium Bonds an [Ml investment or a form of gambling? l£U Premium Bonds are a form of gambling, where your stake is the interest that you forgo on your cash invested in the bonds. THERE are about 232 nuUkm bond¬ holders, dose to half the population. Together; they have £5.6 billion invested in bonds, .half of which, have been bought in tbe past five years. Since 1957. some £3 bfllionhas been paid out in prizes. Our affection for Ernie does not always extend to providing details of a change of address. As a result, there is dose to £13 million in unclaimed prizes. The numbers are listed in the London Gazette, available from post offices. Sales of bonds have prospered since the introduction of the £1 mi llion jackpot in April 1994 and tbe subse¬ quent launch of the National Lottery, which highlighted one advantage of a Premium Bond win-anonymity. Tbere are also signs that independent financial advisers are more willingly than formerly to recommend all Nat kmal Savings schemes. In the past, they were sometimes overlooked, as tbe Department for National Saving? does not offer commission to middlemen. Since April the numbers with the £20.000 maximum holding have more than doubled from 19297 to 46525. The boom in sales means that Premium Bonds are the principal contributor among National Savings schemes to government funding. Those who despair of their chances win be relieved to learn that only one of the 20 Ernie millionaires has tbe max imum holding, although the November win¬ ner was dose, with £19,500. The holder from Gloucestershire who scooped the jackpot in October had £500 of bonds. sun Alliance TOGETHER WE MAKE SOME ALLIANCE NO IFS, NO BUTS, 100% GUARANTEED ?Y SUN ALLIANCE. Guaranteed Guaranteed Plus 136% of your original investment returned at the end of 5i years for basic rate tax payers No hidden annual charges The opportunity to earn a further bonus linked to the Stock Market For more information about the PROMISE BOND from SUN ALLIANCE INVESTMENTS ON-LINE CALL FREE NOW ON 0500100 333 Lines open Savn-TQpm 7 days a wools Limited Issue Offer closes loth Nov ember To register or for more informal ion call freephone 0500 100 333 or clip ihe coupon and return it completed to Sun Alliance Investment Ou-Jinc, FREEPOST 3479, Reading, Berkshire RGIO 9ZZ. Address: Postcode: Telephone Number: For yum- protection bQ telephone conversations arc recorded. Please bear in mind chat ihe current tax situation could change in the future. Sun Alliance Investments On-line is a trading name of Phoenix Assurance pic which is registered in England with No 71805. (Registered Office: 1 Bartholomew Lane, London EC2N 2ABJ. Phoenix Assurance pic is regulated by the Personal Investment Authority. (GUARANTEED. INCOME BOND! MORE CASH FOR YOUR ENDOWMENT. CALL SEC MONEYLINE NOW 0181 207 1666. SEC will pay you much more money chan the ™ surrender value. Don’t lose out on that extra casM JS JEG Phone now quoting advertisement refc Wld. i — ■ Your policy must be at least 8 years old. "■ ll— ■ FAX: 0181 307 4950 K In doubt senk expert athtae. SECURITISED ENDOWMENT CONTRACTS FLC BUB SEC House. 4V Theobald Sc. Borrhamwood. Hens WD6 4RZ cc.r-s Ujxz GWIiH'f AL V j S I \ MOLD INC LAIIV 0171-935 6445 Y:'U/ 'iWfeSjjjpV'; ADVICE YOU CAN TRUST one 24 hours a 0345 6789 10 Issiu-c) bv Scottish WiJmvf hind mu] life Asmumiu ».• Sock-Tv. n mutual <.omp,mv Regulated bv the Personal Imcstim-nT Authority. Information,.'advice will onlv bn provided on .Scottish Widows products. SCOTTISH WIDOWS 36 WEEKEND MONEY OS THE TIMES catitBPAY NOVEMBER 41995 3 c St Cn Be Ju ft A ho ha be We m wc pn na an die era \ an of rat to ter in sqi en: pn dis Yv Jra Lo
• pa Ro So Co jut CO! ter I wfr La iht I the Be wii stu. an< bet Co Ar Be: Jlli Pa l*u Th eni del one an act thi ( Su sec as tha ext 1 res api HI the Sir Bei allt ris 5% DISCOUNT ON TOP PERFORMING PEPS We arrange PEP'S from the UK's leading providers for a handling fee or just £25 and rebate the lull 3% commission to the investor. In addition to our 3% commission rebate, wo am currently able to offer further discounts (up to 2%) from several major players, all highly respected for outstanding achievements in the field of investment per fo rmance. So investing in a PEP thrash Ebon Associates gives the investor tha best of both worlds — an unlimited choice oral! the top performing PEP'S toother with the very best discounts available in the UK. Save up to £275 on a m axi m um £6,000 PEP. GO DIRECT AND YOU WON’T COLLECT our generous commission rebate ACT NOW TO TAKE ADVANTAGE OF THE VERY BEST DISCOUNTS ON OFFER IN THE UK FOR YOUR 1995/96 PEP. Arc you unhapty with the performance qfyour existing PEP? Whether it be with a ban k, building society or other financial institution, if you ate dissatisfied with the performance of your current PEP, you may wish to consider transferring it on the mate advantageous terms as above. Cut your losses and net now! A Change for the better could pny you great dividend*'. For Airthcr details on purchasing or transferring PEP’S through Elsod Associates, please complete and return the coupon below lo Elsou Associate*. FREEPOST DTI 138. 18 Maswdl Road. Welting. Kent DA 16 1BR or alternatively telephone us on FREEPHONE 0500 691790 Elson Associates PM ■UBolHrfK. idcfJooAc Itac Name: ...— Address: .- Please send me details ol the ahova otter by return ot post □ (please UCk box). I am considering an Investment £— .. In the_—..—(company) ..(turid)PEP. Please send me the relevant nppAeatton form together with a note ot your discounted terms. Marianne Curphey on those who change banks Charges boost army of switchers A ggressive advertising by banks and a series of highly critical surveys have persuaded tens of thou¬ sands of customers to switch current accounts this year. The Consumers’ Association estimates that more than 40 per cent of its members have changed banks because of poor service or high charges, while Hist Direct the tele¬ phone banking arm of HBSC, claims to have poached about 90,000 customers from high street rivals. Abbey National says that applications have doubled to 25,000 a month since it re¬ launched its current account in May. and estimates that 90 per cent are from “switchers*’. “Most of our new customers are from other banks,” said a spokeswoman for Abbey Nat¬ ional. “Our television adver¬ tisements have been designed to boost our share of the current account market” The Abbey’s authorised overdraft has no monthly or arrangement fees and has a 9.9 per cent annual p ercent a ge rate (APR). Unauthorised bor¬ rowing is more costly, at EI2 per month plus interest of 295 per cent annuaty. First Direct says that h has been recruiting 10,000 new customers every month for the past ten months and now has Abbey National says applications have doubled to 25,000 a month since it reintroduced its current account in May a total of 550,000 customers. “Very few of these are new to banking and many have come to us because they are dissatis¬ fied with their current ac¬ counta Fust Direct spokesman said. So far. First Direct claim s 21 per cent of switchers, about 15,000 people, have deserted NatWest for First Direct, com¬ pared with nearly IS per cent (or 13,000) from Barclays and 13 per cent from Lloyds. First Direct does not charge an overdraft fee for authorised overdrafts up to E25D and charges 16 per cent annually, but charges £35 a month for unauthorised borrowing plus interest at 26 per cent annual¬ ly- Which?, the Consumers’ As¬ sociation magazine, claimed & To reach the highest level in /7 any field of world competition takes years of hard work and consistent performance. It's a concept Perpetual understands only too well. This consistency has seen us collect thirty-five offshore investment awards over rhe last five years. In addition, in the last three years alone, the international investment achievements of our investment advisers have resulted in over 40 industry WORLD-CLASS PERFORMANCE very closely. All we insist on is consistent success. Backed by world-wide research and sophisticated investment databases, our global investment performance is hard to beat. Seven of our ten offshore funds are in the top 25% of their sectors for their performance since launch, four are sector leaders and seven have been awarded a cop AAA rating by qualitative fund management analysts. ■M awards, and they've been named The Sunday Times international Unit Trust Manager of the Year four times in the last six years. Yet, perhaps surprisingly, we don’c I Fund Research Limited. have a prescribed investment policy: Instead, we give our teams of highly experienced investment advisers the flexibility to make their own investment decisions within their particular areas of expertise. Then we monitor their performance Wherever you're looking to invest. Perpetual is committed to helping you make the most of your investments. For more information on our range of offshore funds, telephone our Customer Services Department on +44 (0) 1534 607660 or send a fax on +44 (0) 1534 38918. Alternatively, fill in the coupon below. 7b: Perpetual Unit Trust Management (jersey) Limited. PO Box 459. d’Hauteville Chambers, Seale Street. St Hclicr, Jersey, JE4 8WS, Channel Islands. Please send me details on Perpetual’s range of Offshore Funds. Important: Plow prim clearly. Prim Name iMr/Mn/M') Address Postcode TM 4/11/85 5 out of 6 hinds arc in the cop 25% of their sectors for their performance over 5 years. Positions are to 1st October 1995 and arc on an offer-to-offer US Dollar basis, inclusive of reinvested income, net ol withholding taxes (source: Micropal). Past performance is not necessarily a guide to future performance. The value of an investment aud the income from it can go down as well as up (this may partly be a result of exchange rate fluctuations) and you may not get back the amount invested. this week that millions of people with ordinary bank accounts could be paying too much for overdraft facilities. None of the big four banks — Barclays, Lloyds, Midland and NatWest — is cheap if you go info tiie red. NatWest charges a £9 per month fee for going over¬ drawn with prior arrange¬ ment and interest at 19 per cent annually, or £9 per month for an unauthorised overdraft and interest at 29.5 per cent annually. The Barclay’s fee for ar¬ ranged borrowing is £5 per month plus 19.2. annually, or 29.8 per cent annually for unauthorised borrowing and a fee of anything from £15 to £30. NatWest however, de¬ fended its service, saying that switching banks is a com¬ mon practice and it still has 65 million cus¬ tomers who are receiving a good service. A NarWest spokesman said: “Our charges are clearly marked on our state¬ ments. We are frying to dis-

  courage cus¬ tomers from becoming over¬ drawn without making a prior arrangement." Save & Prosper, which of¬ fers a 24-hour banking service, has brought out a free guide to telephone banking available on 0800 829 024 with a table giving details of opening hours and services available from 12 providers. But could a bank-checking agency save you money? These agencies, which un¬ like Which? make their money from investigating financial complaints against banks, also believe individuals and businesses are still paying too much for services. One Norwich agency claims that two-thirds of all business¬ es may be regularly over¬ charged by banks. None of the big four banks is cheap if you go into the red Mark Radin, of Anglia Busi¬ ness Associates Ltd. says that he has secured £330.000 in bank refimds in three years for his clients in Norfolk, but suspects that overcharging fa if place on a larger scale across the country, causing cashflow problems or even bankruptcy. “Check your statement carefully and question any fees which you think are too high," he said “It is possible the bank may sort out your problem straight away, but sometimes it can take six months to resolve." In response, the British Bankers' Association, which represents high street banks, says that banks do make mistakes but customers should approach them first rather than paying an inter-

  mediary to pur¬

  sue a claim on their behalf) A British Bank¬ ers’ Association spokeswoman dismissed Mr Radin’s claims as “scaremon- gering”. “We dispute the figure of two in three. Over¬ charging does happen, but so

  does under¬ charging and no one complains about that. Errors do occur, for example when a charge of base rate plus three is agreed and them base plus eight is put into the computer by mistake. “Checking charges is what accountants are for. If people have a problem they should approach their bank, who will make no charge for investigat¬ ing the matter." Mr Radin has been operat¬ ing on a no-win no-fee basis for three years and takes 35 per cent commission for every successful daim. Downham Train Epstein, a firm of accountants that is based in Bury, Greater Manchester, blames over¬ charging on the “obsessive re¬ organisations and changes" of the banks. WI TH-PROF ITS J30ND A worry-free investment offering the best of both worlds. Security and Potential Capital Growth If that sounds like your dream come true, then The Equitable With-Profits Bond is a winning combination for your investments. With £500 you can invest in a managed fond of assets, which smooths the short-tenn fluctuations in value over the period of your investment. What is more, we guarantee that, whatever future market conditions ore like, at the fifth and subsequent anniversaries you can encash your Bond for its original value plus bonuses accrued. So, you can strike a balance between keeping your savings safe in a building society, but possibly eroded by inflation, and the potentially lucrative but more risky option of investment in equities. And, as part of your medium to long-term investment plans. The Equitable With-Profits Bond can play an important and profitable pirn. Of course, you also have the reassurance and peace of mind which comes from dealing with The Equitable Life, the world’s oldest mutual life office. If you would like more information on achieving the best of both worlds with The Equitable With-Profits Bond, call Ayleabuiy
• 26226, or return the coupon below for details by post and by telephone. InfonuatiWadvke will only be pven on Equitable group products , L „ Keeled by the Pttsonal Investment Authority p 7W^Lnt wuray HTCj ;bs

  Tor. The Equnablc Ut FREEPOST. Walton Sirrn. AYLESBURy"bi^ThkItBr"! I wold tvekome mlonnaiion on Tht E^jgahJe Witfi-ftolfc Bond □ VfBCK J II NAME '.Mr Mrs Must ADDRESS Td- lOttol . Id-1 Hutto I . Dulcof Both . FiwbW |-,J ft-RLodc _.

  ' “■■-« An tu ad-t lip,, G..-up wi& ,„,*ir R ha„n .iuk!|pcrru ir< ■-' », liktlkf ^rai> « «*' I 1 "', M IM. lu Q The Equitable Life You profit from our principles Hili" 1 ’ 1 '- ,121) o THE TIMES SATT ipn a v NOVEMBER 4 1995 WEEKEND MONEY 37 THE Mitsubishi first to go online TIMES MONEY INFORMATION SERVICE Mitsubishi has launched the world's first online personal • finance network service, infotrade Portfolio provides an information and full share dealing service to the private investor from their home PC. Other facilities include FT-SE indices, current UK share prices and three-year histori¬ cal company results. The cost of the service is £10 per month, plus a £25 connection fee. The software product itself, provid¬ ed on CD-Rom. is priced at £69.99 and can be bought directly through BT Telesales on 0800 226600. For further information, contact Infotrade on 0121 717 3768. ■ Allen bridge, analyst of Peps, is providing a free evaluator to help investors with risk assessment when choosing a Corporate Bond Pfep. The risks assessed for each fund are: level of liquid¬ ity; the spread of investments; credit risk; and sensitivity to interest rate movements. Call freephone 0500 551000. ■ Help the Aged has pub¬ lished a free booklet giving advice to senior citizens on money management. Think¬ ing About Money aims to help older people to "balance their household budgets and offers ANNUAL INCOME Rales as at November 2 ,1995 Investment (E) Company i Standard Rate (%) 5,000 AIG Life 5.10 10,000 A1G Life 5.15 20,000 AIG Life 5.20 50,000 AfG Life 5.25 1,000 Premium life 5.50 10,000 AJG Life 5.63 20,000 AIG Life • 5.73 50,000 AIG Life 5.78 1,000 Premium Life 5.60 20,000 AIGUfe 5.67 50,000 AIG Life 5.72 100,000 AIG Life 5.82 1,000 Premium Life 5.90 20,000 AIG Life 5.82 50,000 AJG Life 5.87 3,000 Abbey Life 6.85 15,000 Abbey Life 7.05 50.000 Abbey Life 725 2 Years 3 Years 4 Years 5 Years Source: Chamberlain da Brofl 0171-434 4222. Net ot 2S% tax (which cannot be redavned). Income and capital guaranteed Early surrender. Terms vary. Monthly income may be available. SAVERS'BEST BUYS BASE RATES V MORTGAGES practical tips on maximising income and claiming welfare benefit. Available by sending a SAE to Information Depart¬ ment (Money), Help the Aged. Sr James's Walk, ClerkenweU Green. London. EC1R 0BE. or from all Help the Aged shops. ■ CafCash. a trading subsid¬ iary of the Charities Aid Foundation, has launched a High Interest Cheque Account designed for the banking needs of charities. Special cheque books will enable char¬ itable account-holders to make payments directly to third parties and administration costs will be kept to a mini¬ mum. Contact Sue Pavey at CAF on 01732 770114. M Pensions for Women is a four-page guide published by NatWest Bank providing in¬ formation on why women need to consider planning for their retirement. Available free on 0800 255 200. ■ The Share Centre is offer¬ ing a free Christmas album CD to individual investors who pay £37.50 or more in dealing commission between now and December 22. Call 0800 800008 for details. Lizanne Rose INSTANT ACCESS ACCOUNTS Scottish Widows Bank 0345 829829 Co-operative Bank 0345 252000 Leeds & Holbeck BS 0113 2438292 Brmnghm Midshires BS 0645 720721 FIXED RATES Nrwch & Ptrbrgh BS 01733 391497 Leeds & Holbeck BS 0113 244 0357 Woolwich BS 0800 400900 Brmnghm Midshires BS 0645 720721 Account Instant Acc Pathfinder Albion First Class Account Notice of term Postal Instant Postal Postal Notice of term Fxd Intrst Bond lyr bond Investment Bond 2 yr bond Fixed Rate Bond 3yr bond Millenium Band 4yr bond NOTICE ACCOUNTS AND BONDS Account Nottingham BS 0115 948 1444 Postmark Scarborough BS 0800 590578 Scarboro National Counties BS 01372 742211 90 Day Greenwich BS 0181 858 8212 Flagship Notice Account of term Postmark 7 day p Scarborough 50 50 day 90 Day 90 day Flagship Term 1 yr bnd Deposit £250 £5,000 £ 10,000 £25,000 Deposit £5,000 £5,000 £500 £5,000 Deposit £2,500 £ 1,000 £ 20,000 £5,000 Interest paid Interest Rate paid Tis F/OM 7.05 F/Yly 7.25 F/Yly 7.75 F/Yly Interest Rats paid j Mattox I mongaga1 CREDIT CARDS BEST BUYS CREDIT CARDS Robert Fleming/S&P 0800 829024 Royal Bank of Scotland 0800 161616 Frizzell Bank 0800 373191 Card type Interest per month APR% Fee per annum MasterCard/Visa 0.98%G 12.40% Nil C MasterCard 1.14% 14^0% Nil C MasterCard/Visa 1.17% 16.10% £11 Clearing banks base rates 81 1 92 1 S3 ‘ 94 ‘ 95 FT-SE 100 PRICE INDEX PERSONAL LOANS BEST BUYS PERSONAL LOANS Clydesdale Bank 0800 240024 Midland 0800 180160 N&P BS 0800 808080 Monthly payment on £3,000 for 3yrs with insurance no insurance 16.20% 15.40% 15.50% £113.94 £116.54 JEM 18-22 £103.33 £103.14 £103.29 Nb. A - Feeder account required. In the interest paid columns. C = no interest free period D = annual fee rebated £1.5K+ charged par annum E = Annual fee waived tor 1st year lor new accounts F - fixed rale IbB other rates are variable!- OM denotes interest paid on maturity
• RATES SHOWN ARE GROSS AND SUBJECT TO CHANGE WfTHOUT NOTICE PLEASE CHECK RATES BEFORE INVESTING Source: Mcneyfacts. the Mentht t Guide to tmastment & Mortgage Rates (01682 500 677) i',r. 34 50 1 Nov FIXED RATE Birmingham Midshires Bradford & Bingley Bradford & Bingley Bristol & West Britannia Coventry First National Halifax Halifax Halifax Leeds & Holbeck Newcastle Newcastle Northern Rock Skipton

  FLOATING RATE Cross coupon 9.375% 11.625% 13.000% 13.375% 13.000% 12.125% 11.750% 8.750% 12 . 000 % 13.625% 13.375% 10.750% 12.625% 12.625% 12.875% Gross coupon First National 9.30000% 10C Cheshire (28/03-28/09)9.24766% 105 PfBS = Permanent Interest-bearing shares Source. ABN AMRO Hoars Gouett — 0171 601 0101 J SHARE IN FOCUS: .-Cl JSA1NSBURY % Minimum Gross issue purchase yield price amount 9.777 100.17 1.000 9.851 100.13 10,000 9.864 100.20 10,000 9.959 100.34 1,000 9.991 100.42 1,000 9.973 100.75 1.000 10.553 100.25 10,000 9.687 100.62 50,000 9.591 100.28 50,000 9.703 100.00 50,000 9.981 100.23 1,000 9.772 100.32 1,000 9.773 100.45 1,000 9.620 100.14 1,000 9.912 100.48 1,000 I Issue Mnimum ? price purchase i 100.00 1,000 100.00 1,000 Building Societies Yorkshire 0800 378836 Bristol & West 0800 100117 Northern Rock 0800 591 500 Banks National Westminst 0121 234 2000 Midland 0800 494 999 Interest rale % Loan size Max % Notes 1.99 neg 95 6% (fisc 1 year, 2% (fisc 18 mths 0.95 E15k+ 90 Fxd to 30.11.96 1.99 to£l00k 90 6% discount to 1.2.97 2.79 £l5k+ 75 520% discount tor 12 months 2.79 Et00k+ 80 4.86% discount fori year Interest rate % Loan Max size % Building Societies Scarborough 0800 590547 Hinckley & Rugby 0800 774499 Bristol & West 0.75 15,001 to £100k 0.75 to £150k f— • 480 | fee 4 "

  ^{420 0800 100117 Banks Bank of Ireland 01734 510100 0.99 £20-145k 95 Bank of Sctland 1.50 to £200k 95 400 j 0131 243 5735 7.24% - 6 mths, 2% 6mth.0.5% ty Fixed to 1.9.96 Fxd to 30.11.96 7.5l%dsc-6 mns 3% dsc-6 mns 6.49% discount for B months NATIONAL SA\fl|i|GS > ’ Gross At tax rales Mm/madmum rale 25% 40% kwsstmntC Notice Contact Ordinary A/c 2.00 Investment A/c*« 5.25 Income Bond* ■ 6.50 First Opt Bond. 6.40 42nd Issue Canto 5.85 Children's Bondt 7.85 Gan Ba Rate 3.51 Capital Bombs 7.75 8th Index Unkedfr 3.00 Pensms Bond S2 e 7.50 1.50 1.20 10-10,000 01416494555 3JM 3.15 20499 Imth 01418494555 4.88 3.90 2,000-24.999 3fllth 01253766151 4.80 3.84 1,000*250.000 01416362558 100-10.000 8day 01913864900 25-1,000 Imth 01416362635 5.81 4.65 100-250.000 Belay 01416362603 100-10,000 8day 01913864900 5.83 4.50 500-20.000* 60day 01253786151 ' tost Cfl) tTWOjfl ohrtta* bee. nst aces tor up to £100 'Atidtnona! htdgs ip to £ 20 . tW tor reimeaed proceeds tTsx tree ‘Ratos gross and i£vt? rSuarameed when nekt tor 5 veers V 3% net tortus tor £20.000* VW.OCOjiinaatomtoSl hottngs'TaxebtebulciedhMl ffj SION AN All figures are the gross annual annuity (£100,OCX) purchase), guaranteed 5 years, paid monthly in advance SINGLE LIFE (level arm) Male: Age 60 Age 65 Age 70 Prudential.Level Sun Life Canada..Level Royal Life.Level Canada Life.Level Standard lie ..Level SINGLE UFE Generali.Level Royal Life.Level Sun Life Canada..Level Stalwart.Level Prudential.Level £10.377 £11,391 £12,758 £10,255 £11,297 £12,667 £10,230 £11,361 £12,894 £10,058 £11,227 £12,810 £10,136 £11504 £12,584 Female: Age SO Age 65 Age 70 £9,246 £10,091 £11,263 £9,500 £10,330 £11,555 £9,364 £10,143 £11,241 £9,477 £10,114 £10,992 £9.625 £10.355 £11,428 JOINT UFE, 2/3 WIDOWS Male: Age 60 Age 65 Age 70 (level annuity) Female: Age 55 Age 60 Age 65 Prudential.Level £9,237 £9,B03 £10,599 Royal Life.Level £9,046 £9,682 £10,593 Equitable Life.Level £9,046 £9,563 £10,276 Sun Life Canada ..Level £8,993 £9,588 £10,418 Generali .-..Lave) £8.929 £9,547 £10,401 Source: Amjuy Direct torn SPA Compiled by: Uzanne Rose :J3V Interest Loan Max Lender rate % size % Notes Building Societies Bristol & West 3.00 £15k+ 95 4.74% discount 0600 100117 for 1 year Brad & Bingley 1.89 none 95 Fixed to 1.10.96 0800 252 993 Skipton 1.84 £25-150k 95 6% disc 5 ninths 0800 446776 1.75% disc 1 year Banks Midland Bank 3.29 £30k+ 95 4.36% discount 0800 494999 fori year Royal Bank Scot 4.74 £15-£150k 95 3-25% discount 0131 523 4442 to 1.10.96 lenders, lager loans and first-time ' Intarmadon: Kay's Guides. 01753 GUARANTEED 10% P.A. GROSS, FIXED FOR ONE YEAR AND STOCK MARKET GROWTH tables suppled by Bley's Guides Ltd. For details of this bond, from a top ten building society, which gives you the best of both worlds: w asm wf rspulin Malang ISD} mntwm CHASE DEVERE -ixvESTVEjm nr—- AEGON UFE ASSURANCE Action House. Lanvfc Square. Umtim EHWS 01715388800 Balanced MOJO S31 3JQ .. UK Equip 637.40 67AM *5X0 ... Property 50600 537® 060 ... mao interest m JO 36i.ro mo ... Money SB JO 274.40 • 030 ... I men ml! oral 425.70 450JD 20 ... ABBEY UFE , _ HaMcahwm RuaA B o um enadi BHB1AL 01202292373 Property Fd Inc 24650 ■bo-bet tfUD Equity Fd Inc 18640 -do- acc 255.70 SetealwFd 51110 MOJWyFd 3K.4D FropFd5er4 77t:«o Equity Ser 4 »» Man Sum 701.40 CWwSeM 33990 Money Ser4 33M0 Flaed im ser 4 364® American Ser 4 HtghincSer4 74SXD Index® lnvSW4 221 20 Japan5er4 3M.TO 261.60 ... 0 515.10 . 196® IJD ... 20920 I JO 540JQ 200 ... 413.10 CL» ... »420 . ZfflJO » 1.10 ... 738.40 » 040 ... 357JO - 0.10 ... 357JO ♦ OJO ... 384.H) 350 .. »UD 1X30 ... 7MJ0 « 340 ... 23X50 ♦ I TO ... 550® • X30 ... ALBANY UFE 3 Dit to tend FotKra Bar ENAIAJ OHQ74Z3U EduhrRlAcr IdTBJX 176420 *m90 ... Eurasian Fd acc KMC 419® *4.40... Su £57.50 565.70 CMMoney ACC M5JO 36X7D .040 ... MManwedAff 633(0 6662D 600 ... Ira Fxd Im Acc 340JD 367JO - Did ... StMPnDd 244-20 25700 2J» ... KASrtcwACC 361® 3SWO 14 ■ run Fd ACC 45X50 477JO O.SO ... MnSipiemvAec iooxsd iisixo *7.70 ... ALLIED DUNBAR ASSURANCE SwbDdM SN1IEL 01793 5J4SK „„ FBI Ini Dtp Acc 38660 «7.M 030 ... Equity ACC 152040 IMXX5) MO . . p£p2ty*c Far East ACC JOS 80 325.10 - I® ... Ma na ged capital 56M0 wxso 3J0 .. ACE 1170.40 123200 740 ... OierxeUACc I030JD K*4® 720 ... Oil) Edged ACC 516® 544X0 7.10 ... XSj&SftyAre 9IZ4) MS) *21^0 ... AIRS'Man ACC 38X50 40X70 810 . ■ JESSSaCC I18J0 I2S.W -030 ... Dinittnnloa Bonds 24JO » OJO ... AXA EQUITY LAW LIFE Kitfi Wycorote Bocfel 167.40 176J0 • 12B ••• uSSso 6 101.80 Itn-JO *tt«6.OT UKEoatliesSerfi 1075-40 1131.W JJ0 HteberlncSef6 1I38.W " Ssrss 2S£g iwS saer* KE S S ;g::: deed Pq>5S 6 30820 33440 TO Kent Mfi4 4IF tl 2J6 ... B - 043 ... N ... B - !■» — J - L00 14 - 1.14 ... 0 - I.T8 .• 2 - 687 2 - 200 ... g -070 ... 5-0® ... 7*1 — 1 -073 — 6 4.12 3 024 ... | T iM ... R - 3 46 ... WUj YM Ud oner #- % 300.10 211.70 23850 757 VI 18X10 19550 194.40 205.70 13000 136.90 177.70 168JJ3 206.40 718.40 I6U0 17110 205 JO 217.70 36X1D 38X30 62730 660.40 26X50 25060 27*40 308-50 32480 34X30 THUD 17X70 1B1.B0
• HJ 344A0 31040 32730 I3XJ0 14X60 mjf YM BU Otta- -i- v way no »/- « uk Oppomrour EuroopponmilQ Norm AmsOpp Far East Onp Cwth prop Ser 1 CIS FlopSs2 Fixed Im dsh overseas Formerly LAS ManapdFmtd UK Equity Property Money Market Fixed Interest lapan Nonn America International European nr East CANADA LIFE 36 FOsfa Street PWen Bar, Herts EN65BA 0T787 H122 EquOT GrORtD < 27750 . Managed 35220 >7080 080... Property 24000 252.70 ♦ OXJ ... GUtannim asxto as7^i - 120 ... Equity 401J0 42270 - LSD ... r»ch 223 00 Z34.80 020 ... OifeEratlMgO 40X40 429.90 2-50 ... cure InOFd 37020 380.70 450 ...

  mnapwt Itand 76520

  0520 (LSI ...

  mpenjFund 3518° saojo om ... EqnOynmd 1001.10 105X80 920 ... GUI Edged Fd 64720 £6130 4.40... DenaUFund 34180 35950 *05) ... liirrameiU Fd 43POD 4SI-50 3JO ... lnlOJiaik'nsl 574.40 WWO 7.70 ... CITY OF WESTMINSTER ASSURANCE Sentry Home 500 A wintry BML ■ MAm Keynes MK9ZNU. 0WW4O6KU Property Fund '£10 IW7D .... MBnaged Fund 67150 70750 50 ... Equity Fund 392.90 riiifl -0.90 ... CLERICAL MEDICAL/ FIDEUTV BS20IH. Din9290566 Axiurantz Funds Sapp Hire Mbdd 30580 Kroy 183.10 Emerald JSLOO EquttV 35120 Pronwrv 231.70 life OnTn acc 83 LOO 874 70 LHelnU ACC 51470 54180 Opportunity 27.47 2X44 -016 Deposit 2470 2680 (303 680 ... Life Property Are S44.TO 257®
• 4® ... HAMBRO assured Crown 8rtr UWA 141660 Hutflar HMc Pommy. PhStoa Lanes ft® ... Brcwln Equity 775.40 81620
• 3J0 ... PS2 2PR. BT772MBOOO 1® ... Managed 179.10 188® • a® . 0® 674 222.40 7® ... EAGLE STAR LITE ASSURANCE UK Equity 186® 196® • o® . Bmfa Road. 217® 4® ... GLS7LO. PI3022EH1 imemaflonil IM®
• K) -0® . J® ... Srture Fiinil 182X0 191®
• 0® ... ■sIeh Pms IA8JO 177.10
• 060

  170 ... Managrt Fund 2SM0 268.®

  1® .

  Deposu 10.90 151®

  0.10 to-Series 2 169.10 178®
• UO ...

  to- pens 172® 181® • a® . 2.00 ... ACvcntumas FO 210.70 221® • 2® ... 4® ... to- Series l 163® 171 60

  1® ... HENDERSON ADMINISTRATION 680 ... Equity MnEd Fd 2S3JO 267.10
• 3® ... 3 finsbnry Ares
• Lbb*m EC2M 2PA 640 ... aId-S eries 2 lb.®

  ITS®

  2® ...

  01716385757 S® ... UKPlHFtfdlni 151® 159® ♦ 2® ... UK Equhy Fd 381® 406®

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  0.10 ... UK Equity Fund 179® IBS® • a® ... Nonh America 401® 427®

  10® . 121® 128.10 • OJO ... Far East Fund 580 TO 617®
• 0®

  17640 18870 -1.10 .. Global Managed 49240 523.®

  3®

  EN65HA Euro FOrrf ®I.I0 211.70

  4.10 ... Deposit Rjod 236W 249.® ♦ 0® North Airier Fd 219® 231.10
• 7.10 .. Prime Residential 13® 146®
• OJO . Bunr <8X10 Emwaid IS100 EquttV 35120 Kiy 23I7D Cfll&Ftedlrl 2I5J9 indexed sect emiti I960 Nth American »T40 par East SM.40 Imematlonal 4XM spedusw UIU income J™

  American Inc zjx™ s? aST 372.10 with promt Bcs ]7J» -to-Spec I74J0 PlolMe aeflianeniirtans SSS ^5 S5?^w H iggmz* 1*720 Mib American Far Pa« acc inieraiHonai acc 3ixw special SM W.40 European Flex 495 JO • 280 ...

  150 ... • 0.90 .. ♦ 1.70 ...
• 280 .. 210 ...

  » 100 ...

  BX) ... 270 ... 4.40 ... 4J0 ... XIO ...

  » 1.40 ...

  460 ... 680 ...

  • IJO ...

  580 ..

  ♦ 0J0 ... » 030 ...

  380 ... 290 ...

  -0.10 ... ♦ 270 ... . IJO ... • OJO ... •1180 ...

  050 ... 480 ... • 680 ... • $80 ... COLONIAL MUTUAL GROUP■ SSSESiiS::: SKed : sio::: liiii SSSS S3 “ •'■« ■■■ WAn,l !?, w ... ■■■ VirAnlUSl -MTo . jjo ... Prime;S4*n*gef gJS Sj, .iso ... PrtmeiniEquW 26580 OJO ... puntenoiwiy Sjo 25720 iso ESr*BS SSJS::: 0M»W«» nm uO 1248-40 - 700 1734.40 .82580 -.410 uirMoneyAcc 3IU " OriennJOpj 2Z8J0 241X0 -250... JapaneteFund 11270 11X70 080... BrilWN LUe 12940 L5&JO - 0.10 ... BU West Pen 14X70 15680 - 02D ... EAGLE STAR/MIDLAND 66 St Maty Am. la nrtna ECX 01710201 ill Eacle/MU Utt 29X30 30X90 - 270 341 FRIENDS' PROVIDENT Canlr SrrerL Safistxny. 9V3a SPI3SH 0772240366 Managed 32620 343L40 280 .. UK Equity 43X20 461 JO • 190 SlewardsUp 37880 39X60 - 0.90 .. OWryeiS Equity 30X30 31620 • 380 .. North American IHL20 175-00 *450 .. PKtaclttSU 16580 17-MO -030 .. European 24730 56X40 .400.. Property 19080 30060 - X20 .. Fixed Interest 25080 26370 - 290 Index Linked 17680 1X5.90 • 180 .. dsh 20780 21XB0 • 050 .. FP Life Assurance ex NM Deposit Property American Australian European income Acc ilo-Dbi European Fond Filed ItucrcK 28X40 30180 -380 6480 6690 • X90 HILL SAMUEL UFE NLA Uner. AdtUseanbr Road. Croydon 0181686435S SeeunrrFuiid TO40 60380 • 180 ... British Fund 58X00 61700 - 480 ... lmenuuion*l 581X0 61780 xoo ... Dollar Fond 46140 48980 1X10 ... capital Fund 52160 55110 400... income Fund 749.70 79X40 - 4 10 ... Property Serte* A 467JO 494JS0 - 620 450 Property Until 77250 XI120 1020 ... Financial Fund 660.90 M9 40 *1270 ... Managed Sri 1 A S&2JQ 6ln2D XIO ... Managed units 104X70 110080 - 920 ... Hfctl VWd Fund 6X580 72880 - 480 ... MonrySerieSA KO.IO 31680 -030.. Moneyunia .w.To 41 Xtd • ojo ... Equity Fond 66X70 7D450 • 580 . . Fixedlmertst 3M80 40X30 - 80S ... Indexed Sect 19630 207.00 < 210 ... WUj Yld BM Otter r- % W9S 73817 iI39 ... 1210 707JO 110 ... Q 40 67650 • 240 .. 1X10 551.10 1.10 ... 1X20 19X53 • 0.90 ... 19 JO 51X10 • 250 .. 1200 25470 120 .. •410 30980 • OJO .. 1420 34120 - 410 ... XIO 8X220 *29.H) ... 080 3470 - 380 ... 590 227JO » 060 ... 1450 457.40 - OJO ... 1520 19490 • 240 ... 030 17920 < OJO ... 2-70 14240 1.10 . , ' 1.10 10020 -aw... •4.40 141 JO • 020 ... Sal Bd Exec Unit W4t 2nd Equity acc 67210 2 nd Hign me ac 64240 2nd Property acc 54X10 2nd MJtgd 2 ACT 10X20 2nd Mrvgo 3 ACC 489 JO 2nd Mn£d 4 Act 24200 ZnODeposkACC 59410 3d GDI ACC 33420 2nd AroerAtc X3X10 2nd lnd May ACC 2JO80 2nd index Acc 31X90 2nd Far East act 43450 2nd Global Arc 18520 3d Euro ACC 170 jo 2nd Japan Acc 18270 2nd ImCr Macs 171.10 2nd 04 > Gifi A0C 134.40 LONDON UFE ISO Tmrolr Slim Bririt oirrawu Equity x 94780 Plxad Lnierea 1 44X50 Property t 42X10 Deposit I 30X00 Mixed I 627JD Indexed Stuck r 22480 inienurional r 30490 Equity AI 219.70 FlMdlDIAt 19X80 Property At 10800 Deposit A J 17X40 Mixed At 206.10 index SIM* ax 17X90 laienuuonal ai I90J0 Equity r t 7B2.40 Fixed int PI 59X00 Property P» 33130 Deposit Ft 361 JO Mixed Pi 57bJO Index Stock P> 25810 InumaikmalPl 356.10 LONDON A MANCHESTER ASSURANCE Wlmladc Part, Exeter 05 IDS. OU92 28345* Tokyo Fun UKEmdty 62200 664.70 670 ... CCM vaogd ME 804 JO 84680 080... GT UNIT MANAGERS LTD ABne Cae. M* Hr. ES Undau WdL lead EC2Y5AS. 01717104567 GTFIen Far Cast 31650 332M - 240 ... GTPtan wwlde S77JO 53400 13).. GAN LIFE & PENSIONS Gat House Hartom. EWem CM2B2EW. 01279S242C NMlbUOACC 728-30 72X30 « 690 ... -do-lnvA 72850 78660 7 JO ... UKEqnliy 442-30 406.70 X90 ... GfltPhu 21200 223.90 230 ...

  Managed 32580 34290 • 380 ... GENERAL ACCIDENT 2 Rangier St York YOl IHR. 01904 62M82 210X0 • OJO ... European Fund 788® 834® • 12.40 ... ImTrunCJps 589® JOI.IO 31670

  200 .. to-ACC 1 1027® 648X0 • 2® ... Property Cxpt 145®
• 0.40 SJ8® 569.70
• 2.10 ... to-Ad I 242®
• 040 371®
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  520® wim

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  Fxd Interest Cipt 197.70

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  XM.® 34A® *10X0 ... to-ACCI 574.40 629® • 9® ... Formerly Tanwi Ule Assurance Co Ud imertixtl Capt 233.10

  040 257.® 271.10
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  to-ACCI 54-20 58X0

  1® ... GtdUcfusifCBpI 163.40
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  34650 363® • J® ... to-ACCI 272®

  aio 81® asw . 0® ... Flnlnir Cup I 354®
• t® toAcct YKN1 21650
• 4® .

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  4® ... Mngd Qpp 217® mm
• 4.® ... cap Hal Growth t 1866® . 660 32X50 34690 . Dp 10400 10980 080 ... 23780 25050 XJO ... 94X50 99X20 « IJO ... 20230 297JO • 400 ... 40X70 430J0 080 ... 44780 471.50 - 7JO ... 30X70 32X10 IJO ... 401.10 42240 -OJO ... 26650 28030 210 ... IRISH UFE ASSURANCE ItUj Ufc Centre, victoria Street. Si ARna. Hern AU5TF. 0772748181 Global Managed 6lXto MX90 230... Global Property 3ICL£0 32630 180 ... Global FUed Ini 54UO 569.70 780 ... Global Equity 66X50 69X10 1.50 ... GlobaJCaxll 521 JO Z3X20 *050 ... Manana 2Z3.9D 23650 180 ... unfilled Pn*nt 14X60 15330 ojo ... UKEquKy SI IJO 32X30 IJD ... FtxMmt 20640 ZliXP 100 ... todefrUiiM 17240 18240 140 ... CasbDqXKb 18000 1B9J0 + a 10 ... Property IK2J0 14230 . t ii t w . u f t wiBl 17900 10X30 IJO ... American 18240 191.90 480 ... Japan 331 JO 24400 • 1.40 ... JapansmitrCK 23740 34X80 uo ... P iim p M n 19X90 20100 280 .. PadJIcFund 2X680 30180 -OJO ... CoiwUfc 137J)0 144.10 » UX> ... GUARDIAN ROYAL EXCHANGE Rtwal Estangr Undoa EO. «7I2»7U1 AHPropBdj MOJO I75JD 1. ... uaian wl Initial 49340 519.40 SJD ... -HO-AEC 71X50 75600 BJO ... EquOyinitial 75580 79X40 7JO ... -dp-Act 1099.90 11S7J0 *11.10. .. Fixed UKtnlttsl 45X30 48240 • X30 ... -do- act 66700 7(050 *1140 . ina initial 474JD 49950 400 ... to-Atx 69080 727.00 610 ... rahJJMTInitial 211.10 ZZ2J0 « 7 10 ... 410-ACC 27970 29L40 - 980 ... PadflClnMal 23230 34450 200 ... ■do-ACC 30190 320® - ISO ... PfdpenyipUlal IBCL50 MOOD - MO ... -00-ACC 262-70 27650 - 100 ... tndex*Lntd inn I66 td 174.40 • 200 -do-ACS 21X50 23100 270... DepositinJUai 3KUD 21 IJO *010... 4to-A£C 29250 30780 ♦ OJO . QtraUUttal 112/0 11X40 200 ... -do-AS 137.80 14580 UD ... HALIFAX UFE LTD FO Bax Jlfi, Vari YOl IVB OMHHIIIO Lae Fault Banal m inn 2604 2X25 ' 00} . . Balanced 27JS 58J6 *015... Opfxmunfiy »54 2 x 99 ato . Deport! 3443 2L72 002 . P i olt roi PurdJ Idunuatan 7355 2S86' 082 . • • Balanced 27J3 28.77 - ai2 ■■ LAURENTUN QMsasnsn propeny UXEqoxyra Unn itrfex-lid High Yield Money inteniaslanal Henderson ABNe peypeoalAolK Onwth ACC CDiEKsed Ettropean Far Em 40960 52X00 44480 467JO 47X10 scaio 488J0 SIX® 199.® 710J0 19380 003.® 917.90 96620 417.70 43460 1 11X1 CTtJH 21690 22X30 34750 36540 69430 73180 45450 47X10 16X50 17X00 20910 220.10 LEGAL A GENERAL UNIT ASSURANCE 2 Maflefiaiv RmA Hove. Sataar BN515E 6073 SMM BSocbiUlDlt 13400 141.® . -tto-ACC 191® 2DlSO «aiO ... BrtOppalnl 15550 16140 050 ... -do-Acc 14X10 30X60 IJO ... Cart) wittal 16X70 I7T80 - 0 ® ... do-AJT 298J0 >I4J0 0.10 ... EquitytntrUI mb 0 73650 - 030 ... ■to ACC 1Z3&00 130350 190 .. Fixed Initial 35X10 37J® • 240 ... -00-ACT MAG Vieuria Road. C 3wh o rt» rtL 0045266266 Amrr Bond Ace 47150 494 AmerRecNMHt SS.00 552 Am 8mlr cot Bd 253.40 266 Australasia BO 229® Hi Commodity Bond 327 jM 344 Deposll Bond ACC 373.® 392 Equity Bond Acc 1644.80 I7ie European Bd acc 400® O Extra YTd Bd Acc B20 l 10 861 FarEaaBdAcr 305 40 320 GIB Bond ACC 462® 486 Gold Bund ACC L«440 163 HlBb Yield Bond 35400 371 Indct-Lnt Gt Bd 21X70 229 tme millnnal Bd 70X® S25 Japan Bond Acc 23380 344 Jason Sm QM Ac 222.® 234 Managed Bondi 93780 984 Prop Bond ACC 35080 J68 nee Bond Aoe 833.10 874 MGM ASSURANCE MGM House. Hear H BN1I2DY. 01W204UJ UK Equity 241W UK Equity ACC 351JU Special Sin 9X20 Spedal 5ta ACC 143.10 Nonh American 200.® N American Aee 29140 PadOc Basin 35SL2D PadOc Basin acc 517JO . Fixed uneren 269.® HWdlmc«WA« 3200

  tnpeny i788£i Property Acc 260® Deposll 15120 Deport Acc 22380 Managed 27250 Managed Atx 365.® *1600 ... •1X10 ...

  xso ... 210 .. • 950 ... • OJO ... *13.30 ... • IJO ... *23.10 ... • 150 ... • X60 ... • 3J0 ... • 380 ... • no ... • 650 ...
• an ...
• 620 ...
• 3J0 ... • J® ... • 7« .. 253.70 • | .90 36950 • ICO 10340 *010 I SO 50 I JU 21 IJO X® 30700 MO 373.® • 2JU $44.00 3J0 301.70 *200 444J0 « 430 108.00 *010 2MJ0 030 IfilJO ... 235.® - 020 206® 240 ate m • i wi MERCHANT INVESTORS Si BrniMatanis Ho m e, tewim i Bristol BSliNH Oin 9266 366 608.® 66150 XW indeaHUltd G&l 13600 144X0 -tto-ACE 20X60 21150 1X0 . . ItnlInitial 326® 34X® 200 ... -do-ACC SfflJS 599JO 670 ... ManagedinBU 49133 53X30 140... ■dO-Att 874.® 92050 ♦ 400 .. Property initial 21780 27900 - |J0 ... to-ACC 38540 40570 - 1® ... LINCOLN NATIONAL 1 Otavie Way. Wtwbkr. Middx RA90NB 01BrH28S» urutoUnlai airii ... ojo ... prepenyunitsi *27.13 ... an ... Property uk Equity Gilt Edged Lmeres Fund Manxgrd W 1 nd Equity 428.® 4S0.W 3WJ0 41000 0Q2.® 63480 40350 42450 5I9JO 54650 63000 66200 Nonb Ameifisn 23300 24&I0 4^ ... nr via 44600 41180 -3.® ••• ImlCunreocy 3XLW ”130 -aw ... S^Graceeterdi Stmt Irrodw EOP3HH 0171X234200 „ Managed 521.10 54650 • 2.® ... UK Equity 6 MJD 705® 2.W .. • Orcneas Equip 5DTM 51300 X5D . . Americas 45880 482.® *870 ... Far East 55800 587.® 310 ... P imply I 18 JO 226.70 - iflQ ... mrflmmai «ilO «»■» » ■ Wldy Yld Md Offer <- % Indexed Gilt :«4J0 257X0 loo ... Deposit 22480 236® 020 NORWICH UNION UFE INSURANCE SOCIETY - Ea NUAM Hards PO Boa HU. Non* NR3 DPP 01609*22200 Managed Fund 153830 I6I9J0 900 ... Equity ntlld 340IJO 356QJO i im ... PropenyFd 587.ro ai860 - ow ... FixedimM 634.® M8jo -i7.« Deposit Fund 363.10 38130 -OJO Int]Fund 258® 272X0 • 250 ... OLD MUTUAL 2 Banky Way. Hook. Hants RG279XA B12S676fflS8 EqubT Fund ACC 317.70 33X20 I 40 ... FUJI Merest Acc 25L2D 2t>820 *i«... lniernattonalAcc 2M.H) 27340 460 . Managed ACC 229JO 2ii.® • 120 ... Property acc 21*10 231 JO -020... Money Att 160® 1WJ0 . SperMJaACC 21880 230® ♦ I® ... Japan Equity acc iii io H7ja 2.70... NATO EC ACC . I6XW 175X0 -4® ... PldAcACC ISO.® 15020 *120 .. European acc 187JO l*7«o • im ... PTAftL ASSURANCE Tb Ptorl Ceum lyosh Wood, Paerlwroagfc PE26FY. 01733478479 ITT*Prop Dill 149® 156® 020... Prop Acc tG ram 334.® SSI .50 -a® ... InvEquhy 12B560 136360 .9.10 ... InrMaruiged W6® S420 • 810 ... Ret Moniecd 1027JO 1001® 50 ... PROVIDENT MUTUAL Six H»s Wtrt Srewfaaee. Hen SGI 2ST OK&1320M Managed Did 50880 53560 ■ 2.10 ... Managedlalilal jjj. 10 aaoeo - no ... EqullTOTd 7B8.1P S296D 25D ... Equity loo 5i x® 54 j.ro • 1 ® Kinked GUI Old 2IO.ro 22180 160 .. HintedGtU ini 144.10 I5i.ro 1.10 ... Oieai EQUBV Old 3*4.70 41XK- » Xio ... OHMS Equity tall 25640 272® - I .® . Property Old 276*0 29360 - 1X0 .. Property Inn 18250 192.10 - 080 ... Fixed liu Old 25600 313 70 360 . . Flirt im inh 195.10 20X40 - 220 ... Deposll Old 214X0 22X30 021) ... Deposll Initial i«.io 147J0 *0.10... PRUDENTIAL HoAwni Bara, landa u EC1N2NH 01714069222 Managed 372.® 38850 - aio ... PRUDENTIAL INDIVIDUAL UFE FDS I Stephen Sired Laudon W1P2AP 0I715483ZJ8 Managed Fund »7jo 9I3J0 XIO ... EquUyrend iutxoo i7bt.ro 670 ... ■nil Fund 67120 70660 - 7® . . Fixed Interest 59860 6303) -610... Property Fund 492.® 51840 . cash Fund 37760 30750 • OJO ... Pad Or Basin 37020 309.ro 430 ... N American Fd 304X0 320.10 630 ... Euro Fund 29X50 311.10 *6® ... Balanced Fund iM.ro 178.70 i.io ... Strategic Fund 10020 189.70 - L2D ... ROYAL HERITAGE UFE ASSURANCE PtutwiHB Basiuesa Part. PMuiwgi PE2fiG(LIH7U3MB00 Mult GfUir 145)1 81480 . to-ACC 47X80 50080 . Op Prop, 40110 S0950 • 2*0 ... Op Equity 1073.® 1136® KU» ... OpHlgll Yield 62560 65650 4®... Op Managed 874.tO 420X0 5J0 ... Op report! 407JO 428.70 O® ... UCGth 327® 34460 • 8® ... JapanSmlr 23660 24900 - 2.70 ... ManaaedOh 207X0 M2.ro -1000 ... ca 85J0 99.70 - 090 ... British 39200 413.® -2X00 ... atonal Bond izsxo 120 ® -an ... Global IncAOUi 179® 184® 2M ... Gold Share 0050 04.70 060... High Income 31940 33M0 620... lxmme 471J0 49600 500 ... Japan «4JD 425 ® 4jo ... UKSmtrCtt 380X0 400® 7JO ... MngdGrowth 45G.ro 51800 300... ROYAL UFE INSURANCE New Hall Place. Liverpool U93HS 01S139 3080 lomUSHOdFa 1043.10 110380 270 .. Snyallife Uflb linked Managed Fund 41380 435J0 250 ... Equity Fund 59X50 629.90 3.70 ... Property Fuad 333« 35 a® aio ... immuttonal 50600 53260 4.10 .. FacUcBartn 2HJO 27180 . United states SC60 31630 9.60... Gilt Fund 38900 41000 4X0 ... Equity Fuad Property Fund imemidonal FadllcBadn United states Gilt Fund SAVE a PROSPER IM2 Worm Read. RanlenL Eon RMIJLB. 017087669® Ballnvfund 01X80 863 jrt . 610 Z48 Depost Fowl a 300® 4IU0 ♦ a® 7X7 cm Fund $51.® 584.10 610 8X3 GlatoU Equity Fd 24680 26120 *720 .. propenyBand(4S 1 16J0 123 10 ... 7.M AGtondhrod 152.® 161® - 1.10 ... SCOTTISH AMICABLE ISO Si Vimm Street (Hasson 6 Ml 248 SB Equity 64X60 679® -0,10 ... Fixedimerex 394J0 415 10 • 5J0 ... Uldex-linted 20X20 21610 070 ... tntanaonnaJ ■ 47970 50X00 -OJO ... Property ' 30X30 331 JO 0® ... Cash 23850 2 Managed 50130 5 Cap Cifrt Bd 124 *0 I SCOTTISH EQUITABLE S Sr Andrew Square. Edli Mi> Yld Bid Offer X 2JSJO 251.10 - OJO ... SOUP 52800 OJO ... 124® I.MJ0 28 Si Andrew 0UIS69WI cash rndea-Urited Fixed interest Mixed UX Equity Inremadonal American Japan Entupean Padltc TedinotoKy Frgn BdiCrrcy Edinburgh EH2IYF 108X59 197.956 • ai7 .. 17060 179.70 • 080 186® I96J0 4® 27X® 2*000 - I® . 26I.TO 277.70 . QJO ... 271® 2SWO - 5.70 ... 296® 31260 - 5JQ ... =1® 233.50 - IJO 283.® 290.® X® ... J®.» J60.1O -4.70 ... 457X0 441JO li» .. 24X70 25X00 - 0.10 SCOTTISH UFE INVESTMENTS 19 Si Andrews Square. Edinburgh EH2 HE om 22$ 2211 Property 224.10 Eton - ot» ... UKEqufe 307JO 407® 030 ... American 2X1® 29X« • 6® ... Pacific 34J.® 361® >2® ... European 508® 534® - 2® ... lnlmuUdna] J27JC' 344® *4X0 Fired Imprest 249® 2b2J0 350 .. index linked 277.® 21X40 ♦ I® ... Deposit 2X2.00 111® - OJO Managed 306® 32280 1.40 ... wUrKfwue 12X50 IBJO 050 ... Pen Worldwide 134X0 I4MP ft . . SCOTTISH MUTUAL ASSURANCE 10* Sr Vtocrai Street Glnpow G25HN OMIMOhSl Flex FUnd U51 1017.70 1873.® . Safety Fund 250® 26380 • 2J0 ... Growth Fund 249 JO X2JS0 - 63 Opportunity Fd 249.70 262.® • 1® ... Cash Fund iscwo 10 .® 010 . European Fund 3*400 388® • 750 ... GOuaFulllll 21200 224.10 4.10 ... indra-linKrtFd 1 ® 20080 • 2 J 0 ... International Fd 2*9® 314® • SJO ... North American 26750 201 ® -4®... Property Fund 129.10 13580 . SCOmSH PROVIDENT 6 SI Andrew Sqore. Er&dmrgh EHZZTA OOIS*Otffl MDrt 280® 303® I® ... Equity 30920 324® *0® ... International znjo 292J0 • 3® . Properiy 233,63 24550 - OoO ... nxedlmaM 226.40 341® 020 ... index linked mw i* 1.10 ... cam 1 2 .® 203.10 -aio .. Formerty ProflOc Ml Garth MDGd 06020 415JO S.40 .. Cam Fund 35080 36970 OJO .. Property Fund 2®20 31SJ0 -ft® .. Equity Fund 5450 103X80 -10. TO .. FU intaesi Fund 486JD 512.70 *3® . Interna tkmal 390JO 42380 X« .. HIGH Income 77880 828® 2® Far FflU 567.10 603JO -2.® .. North American 625® 665® - 1 ® .. SpecialSUS 70630 751.40 -XIO .. Technology 920® 979.40 42® .. Ban income Fd 424® *5160 i® .. AdrenlUTOUS Mg 241® X* 10 Secure Mgd Equity Inc Din Menaced Din 156® 165.10 080 ... 124 70 111® 0® 4.45 114X0 12020 • 050 5X1 SCOTTISH WIDOWS PO Boot 902. Ed k d iniij l i DO! 65$ 6000 I nr Poll 104320 In* Pel 2 945® In* M3 09670 ln» Cash 32680 wired Fund 49ft® Equity nmd 587® Property Fund 24X10 buHitarional ni 53« oo Flirt imensi Fd 599® indexed stock fu aosjo cash Fund 23X40 104320 2® 995.70 . Uo 9*7.10 - 1® 744.10 am 51690 4® 618® 1X0 258.10 - 1.70 S62J0 11100 4TOJ0 • 4® 219J0 LTD 249X0 OJO SKANDIA UFE Shaodte Htaae. Portland Terrace. SMdhanqrtnu S097BX OfTIB 734411 Managed Ace 409J0 Uftro *aiO . . Equity ACC 496*0 52X10 *050 ... IfumnitonaJAct 349® 368X0 - I® ... Property 231® 243.70 -OJO ... STANDARD UFE ASSURANCE CO JG^yind. Ed tehur^ i EKZ2KZ Cub 277.90 392® • 020 ... Equity II09JD 1167.90 *420 ... Earopam ibsxo i9t» *3jo ... FOrEaa 172.40 IfilJO • OJO ... Fired Interes 42X20 447® - X7D . . indexUnted ci.w 233® -zso ... Interna for® 65380 688JD 7 . 10 ... Managrd 764® 004® -490 ... Quh Equity Earopoui nr Eh Fixed buerea index Unted InteffunkuiAJ Managrd Nib American Property Pensions Cash Equity European Far Earl Fixed lnuresi Iona linked imematlonii Managed Nth American Properiy 37040 389.90 - 0.70 . 437.90 461.00 0® ... 1654® I74I.X) -0®... 224® 736.30 4.93 ... IJ7® 144® 050 .. 59670 628J0 - g® ... 31030 336.70 ♦ 190 433® 902.70 -1510 ... 1)03® 1161® ♦ 9X0 ... 213® 224® 650 , . 614® 641.70 1® ... Wifi- Yld Bid oner •>- 6 SUN ALLIANCE Si Mart's Court. Hoidram. Sussex 01403232323 Managed Fund 724JD 7tajo 650... Equuy Fond 61.40 1012X0 5.00 .. Fixed 1 merest M «5® 457.90 - sxo ... index-lintrt FO 335 80 3S3® • 240 . . Property Fund 531® 559® 050 ImenudoiulFd 698® 735® *12® ... NAmericanra 294.40 309.90 -1140 ... Far East Fund 23140 241® • I® ... DepesHFUnd 30® 33620 - 040 International Bd < MM2I ... -213 Worldwide Bond IM® 177.90 040 . European 179® IB® ♦ 3.70 ... Rtmntx Assurance Wealth Assured 721® 75110 - 570 Ebor Phoenix Eq ship ssojo P roperty Growth Property Fundi 61610 . . aro . . to Acc I 572*0 . . - 0® Agricultural Fd l a»3® ... *0.70... to ACC 81840 ... - 0® .. AJjbey Nat Fm i58.ro 040... Abbes' Nat Acc I 483® ... - 080 . . inrestmesu Fd ■ 38660 ... uo . . Inresiraeni tAl I jro® ... 3.10 Equity’ 1405® ... • 7® ... Equity ACC I 1312® .. 680 ... Money pond i WU0 ... -0® ... to Acc: 473® ... 040 ..

  Actuarial Fill 637 W ... . jjq ... Gib-Edged Fd t 408® ... *4®... to-Actl 406® • 1 ® ... Retire Annuity j 1367® ... » JLTO ... lnunrtAnnuity> 307® ... -1350 ... BMpSOC Litet 235J0 ... • 020 ... SUN UFE OF Barimiew. Bat DcaUap 01256 S Growth acc i Managed acc t Equttv Account: Mngd Fund Aa Equity Fund acc P rop Fund Acc Fired Ira Fd Acc Money Fund Aa Indi-ini; &cs Ac Pox Pens Acn Peru Mngd Acct pens Guarantee Peru Equity Pens Property Pens FbedUU Pens Inti Pens Money mu indx-Liuri CANADA irnstoim Hama 04M 1565 ® 0*670 1301.10 . . 408.00 129.40 S65® 595® 2M® 278® 32270 J39.7U 229® 241® 213® 221.70 202670 948® 995® 271® 28580 3o8.ro 387® 310® 32640 304® 320® 256 70 270® 218® 261® 205® 216®

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• am ... 0 10 .. • 2 ® .. SUN LIFT UNIT Si Inn Barton. Bristol BS997SL 0U7 94269U Managed ACC 450® 1000.® • 5® ... Property acc 306*0 325® 6® ... Equity ACC 1580.40 1663® *6® ... Fixed Inf Acc 427.10 444® *6®... Cash Are 321® 338® • 0® ... ArtierEquIiyAtt 434® 457® • 9® ... Japan Act 2S4® 299® -100 ... Pacific ACC 369® 388.TO - 140 ... Far Easorn ACC 829.90 873® - 5.40 .. miematonal Arc 620X0 (£2.70 - IJD ... Distribution Fund 287® 30C® • I 70 5.95 European 202J0 213® 3.BO ... DcflW Dllt 179® 189® > 090 .. TSB UFE LTD Onritoa Flan: Andover. Ham. SPW1RE 01264 345678 Managed Fund 303.® 319® • I® .. Property Fund 111® 243® ft® ... Fried Interest Fd 23640 246® *2.10 ... Money Fund 2CT® 21800 *0®... Equity Fund 3M.10 41690 1.90... WINDSOR UFE Wind sor Ho me. Tdfiaid. RKZ2QR Manaped Booa 744® Money Fund 329® Equity Fund 678® Fried 1 meres 29610 Property Rmd 332.90 Gresham FtaniUngnm American&Gnri 652® lntsrne 792.70 inwrnatotal cth 6n*io Caphal Fund wloq B ecoretyFund 649® iapan a General 262.ro FonneriyAEma Life Funds 794® 1080- 346.® • ft® 716® 1® 309® i® 3S0.40 -27® M7® *21X0 835® . I® 505.10 *10® 71020 . LTD 684 M 7® 276.® 1.70

  Stock EKhancr 248.70 26.® *2X3 GUt Edged 19® DepoEh 1633 Pensions Kpilrrri 2S.77 Bear 29J4 0«1 31.44 Bull 2X21 Sag 25® Gilt Edged ZSM Depwll 2138 Prt i wa series JWayFtmtl 628.72 1982 Sols UK Equity 37659 N Amar Equity 320X7 Far East Equity 365® Fried 310.96 cash Depojti 212® Propeny m® Special Opp 37635 Managed 33l.ro inner-tinted Fd 1*8.72 1673 19.72 • 002 21X3 22.14 t 0X8 2177 23.97 *0® 19® 3ELU

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  617 306.41 592 33692 5® 385.16 - 079 327J3 I 56 22X68 • ft |9 I49XJ - L48 »8lb • i.M 3«J5 341 J39.J8 CnO 38 WEEKEND MONEY THr T M1?? I'Cr iV • T«•' i.'jj) >'>r i of VI iiir ioinii l;f k,‘f, Ci C.Wcit ,< 1 L v »I • Ci - J'- ' ! .!t"r f r.in.j . »-• i ri K «r .-> •■•Vim ofut fijliili tjCGuI. •l-»,-'-Kv . •. , •• », t i; »»i : i‘ ; 'ti. fc; ifjpj==. Scfi frpe, jVafS. iejf '.jt\ SpV kyjoj ir&ty FJi Itt «r. &fg{j5 2 gf --pin v ’11 u y i- -j. i ^{zjC 'TT ’iT• »c- -ts -?’ £fftp§£t ^r~vW»V: 'Nfc* SjS. :p.!eitfs<5p.f ,: 5 V % F; 5 :}?fi fcf} 1 ( §^ Jrij£>yff?. •- -•"••' From Miss Cfore Riley Sir. I wish to draw your readers' attention to an injus¬ tice concerning the transfer of N&p to Abbey National — viz that the shares issue is to be paid out only to investors who are over 18 years of age. This is a dear case of ageism. In an era where young people are being encouraged to save, once again the “fat car philosophy prevails — those who have gain and those without a voice lose. As a prospective undergrad¬ uate. perhaps this is just another ploy to encourage student debt. Yours sincerely. CLARE RILEY (aged IT). 20 Wyvem Road. Sutton Coldfield. W Midlands. V^tgWMONEyijEirgBS The role of the Rent Officer -—--- r \fr p Pniwlswsll ing ACT 1988) for determination A » L 'S ”*»•&»tmwu 7 "pLJT ^de by are longer .arm, «d« /a*,, 1 4k m -m -M From Mr F. Popplewell Sir. 1 read with interest in last Saturday's Tinier Weekend Money Page, the article Dy Karen Zagor on “Rent or Buy". I would like to correct one misconception regarding the role of the Rent Officer and The Rent Act 1977. The rented properties to which she re¬ ferred were subject to market rents. Tenancies for these types of properties are subject to The Housing Act 198S. They fall into two categories: O Assured Shorthold Tenan¬ cies. which have a minimum contractual period of six months. Tenants who are not happy with the level of their rent may apply to the Rent Assessment Comminee (Section 23 Hous- subject to Section 14 Housing Act 1988 where the new con¬ tractual rent cannot be agreed between parties. Rem Officers can only be¬ come involved in Regulated Protected Tenancies under Rent Act 1977, ie. Tenancies created before January 15.
• Tenancies after that date are outside their jurisdiction. Yours faithfully, p POPPLE WELL. Chief Rem Officer. „ Enfield Rent Registration Area, Nicholas House. River Front Enfield. Middlesex. When the only option is to rent a home Proving identity at bank or society need not be a shot in the dark To Advertise is Weekend Money Please Telephone 0171 782 7115/7523. From MrA.J. Roberts Sir. Your article on whether to rent or buy refers all too briefly to job insecurity: this is surely a crucial factor in all aspects of the housing market. Not only do those in perma¬ nent work face the prospect of redundancy but the whole nature of employment is chan¬ ging. I only need quote Gra¬ ham Seatjeant’s article of October 23. in which he cites die trend of the 150 top comp¬ anies in the UK to rely on temporary staff for a U but the key posts. This invariably involves a short-term contract and may be in a wide range of locations. Feu,’ in this situation can contemplate buying, while those who bought in happier times, often face the social, family and economJc prob¬ lems of working away from home, property prices are unlikely to rise while this job insecurity remains. Yours faithfully. .ANTHONY J. ROBERTS.
• Oxen Avenue.

  Shoreham-by-Sea. VV Sussex. From Mr I. Pratt Sir. Your interesting article (Can you prove your ID? October 14) highlights some¬ thing that has been a source of extreme annoyance to me for some time. It is particularly annoying that banks and building soci¬ eties make differing require¬ ments and often fail to give any notice of what these may be. f have made a point of opening a number of accounts mid have tried a host of documents to prove my identi- m <<••• . • ■' . .. i • 1 T- jj" 1 ... . . ... t i . -7> ■■ ■ '• J.'. v. • • • V

  - 'A', v ! ' '' r ' y * ,A ''«'/■ . •' •.• •• '■ • ? % ty. My mam reason for writ¬ ing is the quote from Adrian Coles of the Building Societies Association that “there is cur¬ rently no one document which bears the holder’s name, ad¬ dress and photograph". This is not true. I hold a shotgun certificate. which shows all this information. Furthermore, the certificate is issued by the local police force who have to satisfy themselves as to the applicant's identity and file applicant has to have his application countersigned by a person of professional standing certifying that they have known the applicant for at least two years and that the photograph included is a cur¬ rent true likeness. Whilst l accept that not everyone has a shotgun or similar firearms certificate, there are many tens of thou¬ sands of people who do. I have tried to use the certificate but it is virtually always refused as not being on the organ¬ isation’s list. On pushing the point, the. invariable reply is that if is the Government’s rules although this is clearly not true. I have, on each occasion, requested that the cashier put forward the suggestion to include shotgun/firearms cer¬ tificates on the list and yet I am not aware that they are yet included. Yours sincerely. IAN PRATT, The Old Chapel. Mill Lane. Compton Martin. Bristol. A will to find a more rewarding way .. ..•} ’ . . u Last month, L&G scooped the pool I1C0est guaranteed growth offering with its £130m bond PEP which dwarfed t PEP tZ romU ® 3l &Ge ne | - L>s guarantee,; PEP j 2 ftete ^pfen aiKiils / u.

  rivals../ — plan and its / Suaranteed bond PEP fWb}cbis { dosed to investors, was a,<.

  test genera/ plan” ‘ it is tio coincidence that the most successful launch. Legal & General’s guaranteed solution, that income ra& er *^ ISt0fa > financial' won ^» a « etsofPEp . Reprinted by Und fteuntetaa InTOJmcm Week. 25ih September 1995. ita »«aeo.A«i f owsimaw dtMjor 30.1, Guaranteed Bond PEP, was 1 [hmughm probably the simplest- 1 . *,,. j

  Mactrirto

  «ver. ^{September From Mr M. C. Fitzpatrick Sir. Your correspondent Dr Doughty (October 2S) drew attention to the JHT due on a person’s assets at time of death. Dr Doughty will be relieved to hear "that the pos¬ ition is not quite as bad for his heirs (ie. his children) as he is led to believe. It appears that Dr Doughty directly owns assets (“free estate") of around £300.000: he is also entitled to the income from a trust set up by his aunt in the 1950s. The trust contains capital of around £104.000. and on Dr Doughty's death the trust capital passes elsewhere (not to his children!. Dr Doughty correctly ob¬ serves that the £104.000" trust capital is liable to JHT at the time of his death as well as there being an [HT liability on his £300.000 free estate. His free estate will pass in time to his children. Dr Doughty calculates that the IHT pay¬ able out of his free estate is around EIQO.OQO, as follows: Free estate £300,000 Trust Capital £104,000 The IHT of £100.000 repre¬ sents an effective “IHT estate rate" of 24.75% on the £404.000. Dr Doughty regrets the fact that his children will only receive £200.000 (i.e. free estate of £300.000 less the above IHT liability' of £100,000). He is concerned that his free estate is effectively bearing all the £41.000 tax on the £104.000 trust assets. His children will in fact receive £225,750. The IHT of £100.000 is accounted for thus:}
• The trust bears its own IHT. payable from its own assets, at Dr Doughty’s IHT estate rate of 24.75% as applied to the trust assets of £104.000 £25.750
• Dr Doughty's free estate bears IHT of 24.75% on £300,000. leaving £225,750 for his children E74250 :«• •; .?■ v'V*;i£ v = ■. ■ Total £404.000 Less: IHT zero rate band £154.000 Estate chargeable to IHT £250.000 nmm IHT at 40%. £250.000 £ 100.000 Total £100.000 Dr Doughty still has a point, since the trust has benefited from part of his IHT zero rate band which would otherwise have gone against his free estate. But he has had the benefit of the income from the trust for many years, and the position of his children is not quite so unjust as he fears. Yours faithfully.
• C. FITZPATRICK, Chan trey VeJlacott Chartered Accountants. WCl. Earlier this year. Leg3l & General launched the most successful Bond PEP of all. winning the confidence of investors and advisers alike. We believe rhe reason for its success lies in the tact that we took the trouble to find out what savers and investors really wanted - and gave it to them. So we've applied the same principle for equity fund investors who want ro benefit from returns in line with the Stock Market and lower costs - the result is the Index-Tracking PEP. Its structure aims to provide reliable, above-average performance by tracking the FT-SE-A All-Share Index - the index that the vast majority of actively managed funds have failed to match with any consistency. And because of the scale of our operation, we are jble to offer value for money other companies will struggle to match... NO INITIAL CHARGES NO WITHDRAWAL FEES • LOW TOTAL CHARGE OF 1% OR LESS PER YEAR. Although our Index-Tracking PEP is new to private investors, our method of tracking has been proven for its accuracy and reliability over more than ten years. Legal General currently manage over £13 billion of index-tracking funds worldwide. If vou d like to make more of your PEP investment. contact your financial adviser or ask us now for our information pack. Call free now on 0800 11 66 22 7 days a week. Sam to 10pm. Please quote ref. TP102 You may be quite happy with vour pension. Until you try to change it. Penalties for early retirement, penalties for varying contributions, even penalties ior dying. You begin to wonder just whose pension it is. You see. in order to pay commission to brokers and middlemen, some companies impose severe penalties on their personal pension plans, should you wish to make changes. Happily. The Equitable Life has never paid commission to third parties lor the introduction of new business. Your benefits on early retirement would be exactly the same as if you had chosen that date initially. And you don’t have to , commit yourself to paying identical contributions every year. j What is more, you have the reassurance of knowing that I your pension fund is in the hands of one of the finest investment teams in the U.K. If you would like further information by post and by telephone, call Aylesbury (012961 26226, or return the coupon below. ft* I« legal ft General c Unit Trust Managers) Li mired. FKLFPOT KTh i'h. ttnsston-upon-Thames Sum* KT2 uBR. Fksfte send me fuQ wrmun detail of die new legal ft General Indcr-Trackmg PEP. In|i irmui iuri'jdviLL- will uni'- be given on E^uiijhlv products Kc'Cubicd b» (he Personal Investment Authority TiiLti/t n.Aw 11iff frujsim TUT General [ Ti. IV EhuhuMv Lit.. (-RL‘FJi tt L|isljWr'i rr*"" t .lU-’i- 1 X-, •r'l ..-mrl.j. t( j QJ I I f jm rmpL- tr rv-i n, j . ■•-i.'u.-si rv: jui alu -n.- ^{TMPl UA j N.VMr l M-Mrs Ml-., I J .UiDFlNS. I „_ Vie never make your name and addnre auilahle i.i unci»nne..ied orgamsauon-, We will uccaMorully lell mu about other pniducts « vmices offered hv Jn d a.-.wiaie Legal ft General Companies. Please [fck ilu- bos if u*u would prefer nt} (,-• reevtw this information. f~l trust us to deliver j TrI >t'ni»:c> . j Id . Ill artel . | Dale ,d i'ml, ■ IVnoUi-- 1 •' »» ‘hq nr -oiv ■■n , kV l'- ndlie.rn. »l»-c Pin pnfunMiKC »■« ncmwntv j imlilc ■>, Mute pntmram hnh ijpiuj md ircrar «lnrs iw p>au«n r- i.up sri \ua»n nra rrr Nn ihr jmnunr mrr-JnJ TP 102 Full witien JniA- irr- milabtr on nqim Lepl SCeiHtal n‘nil Thai r.) UmMcd RcffMcml B1 Ejiduid No in«Ul« B«jn.'Ute-r. Temple Cnjn. II QunVkinH ->Rr«. l.ntUim FC-IN ITT. SqnAHrd hr IMROsnd ihr IVTVtiill loirvinmi Aiatumy . lb. K Q j The Equitable Life "1 You profit from our principles \&p\ % |S8K m..
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