Never mind the reality, feel the illusion

Article Abstract:

Public relations consultants are starting to play an extremely important role in the City of London, being almost as crucial to the smooth operation of the City as merchant bankers and stockbrokers. All companies are keen to have a positive corporate image, and those under attack are prepared to pay large sums of money to public relations concerns to ensure that their views are made known. Public relations consultants are now involved in tasks including presenting twice-yearly financial statements, hosting meetings between the company and the press and answering media questions about the company.

Financial services industry, Financial services, Influence, Public relations, Public relations firms, Public relations agencies

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The bookworm's alternative

Article Abstract:

UK private investors can study at home using a course from Independent Research Services. The course is mainly taken up by men, though the joint managing director, Chris Santry, sees women as likely to show increasing interest due to marriages ending. The course is kept up-to-date and covers a range of topics including derivatives trading and selecting shares. The course can be useful for experts as well as novices. Douglas Moffat, a television and radio presenter, edits the notes for the course.

Business and Secretarial Schools, Business & Secretarial Schools, Management, Business schools, Independent Research Services

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Price too high for BAe

Article Abstract:

British Aerospace (BAe) has withdrawn from a bid for VSEL, a move which could allow GEC to acquire the company. GEC has made a bid of 21.50 pounds sterling for VSEL, giving a total value of 835 million pounds for VSEL, and this is too high for BAe to compete with. Analysts argue that the strategic importance of the bid is greater than its financial significance. The bid means that GEC is more likely to seek to acquire BAe. BAe saw a rise in its share price following the withdrawal.

Ship Building and Repairing, Military Submarines, Mergers, acquisitions and divestments, Defense industry, Submarines, GEC Automation Projects Inc., VSEL Consortium PLC, BAE SYSTEMS (Farnborough, United Kingdom)

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