Stagecoach still on acquisition trail

Article Abstract:

Bus company Stagecoach of the United Kingdom must sell its 20% shareholding in SB Holdings as the acquisition has been deemed by the Monopolies and Mergers Commission to be against the public interst. Stagecoach already holds a 12% share of the UK bus market and is the largest operator in the country, but the firm aims to continue pursuing further acquisitions in order to expand its market share in the UK and overseas. Regulation of the bus industry is becoming increasingly tightened.

Urban Transit Systems, Local Bus Lines, Laws, regulations and rules, Securities, Bus industry, Stagecoach, SB Holdings

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Still in the frame

Article Abstract:

The UK film industry is currently in a strong position, according to ITC Chmn Lord Lew Grade. He welcomes the tax breaks offered to the film industry in the Jul 1997 budget, but does not really support subsidies for the industry. He feels that films should be made with a relatively large budget, as this gives them more chance of commercial success than if they are made with a very small budget. However, he has no ready formula for guaranteeing a film's success.

Motion picture & video production, Motion Picture Production, Motion Picture and Video Production, Officials and employees, Interview, Motion picture industry, Movie industry, Movie production, ITC Entertainment Ltd., Grade, Lew, Sir

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Gearing levels still on the up

Article Abstract:

Issues are presented concerning the rising level of gearing among mid-market business enterprises which has risen from 54% in 1999 to 57% in 2000. The gearing of the manufacturing industry is discussed.

Economic aspects, Finance, Business enterprises, Debt financing (Corporations), Debt financing

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