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The Safeway of the City

Article Abstract:

Citicorp is solidifying a purchase agreement for a large share of Britain's Vickers da Costa, a medium-sized stockbroker. Citicorp is primarily interested in the overseas side of Vickers. To close the transaction, Citicorp must receive regulatory approval from the United States, Great Britain, and Japan. The Japanese may pose a problem, since they still separate commercial banking from securities business. The multinational financial supermarkets are entering the British market now being shaped by deregulation.

Publisher: Economist Newspaper Ltd.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1983

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Express to London?

Article Abstract:

The British Railroad (BR) is investigating the feasibility of converting ten of London's least used rail lines to toll roads for cars and buses. BR appears willing to sell the tracks to a coach line as an alternative. Coach operators are eager to have additional terminals opened to ease overcrowding at Victoria Station.

Publisher: Economist Newspaper Ltd.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984

United Kingdom, Transportation

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