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From The Times
March 24, 2003

Need to know: The week ahead

Aerospace & Defence

Automobiles & Engineering

Banking & Finance

Chemicals & Basic Industries

Bechtel, the US project engineering group, has been appointed by the Government to advise on the £48 billion plan to clean up Britain’s nuclear sites. The Department of Trade and Industry refused to say how much the company will be paid for the job. (The Sunday Telegraph)

Construction & Property

Food, Drink & Tobacco

Health

Leisure

Media & Marketing

Natural Resources

Professional & Support Services

Retail & Consumer Goods

  • The Office of Fair Trading’s advice to the Government on the bids for Safeway is understood to suggest that the definition of a local competitive market should be drawn wider, obliging Tesco, Sainsbury or Asda to sell even more stores if their bids succeeded.

    Telecoms & Technology

  • Systems Union Group, the AIM-listed accountancy software group, is today expected to unveil a doubling in its full-year pre-tax profits to about £8 million, from £4 million a year ago.

    Transport & Distribution

  • British Airways has denied weekend reports that it plans to rekindle merger talks with KLM, the Dutch airline. Speculation mounted that a deal with KLM may be imminent after it emerged that Rod Eddington, chief executive of BA, plans to meet KLM’s chief, Leo van Wijk, later this week.

    Utilities

  • The core of a new power company for developing nations will be established today when CDC Capital Partners acquires two electricity generating stations in Bangladesh from AES, the American energy company. The deal is worth more than $100 million.

    Sunday tips

  • Independent on Sunday: buy easyJet.

    Edited by Tom Bawden, Ingrid Mansell and Neelam Verjee

    Contact us sectors@thetimes.co.uk

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