Can the City halt London's drift to the east?

Article Abstract:

The recent purchase of the Canary Wharf development in London's Docklands by Paul Reichmann will lead to strong competition between this part of London and the City of London. The Docklands area has already started to attract some leading companies, such as investment bank BZW, and Canary Wharf is now being accused of 'poaching' City institutions. Canary Wharf is particularly attractive because rent and service charges there are much lower than in the City.

United Kingdom, Column, Real estate industry, London, England, Buildings and facilities

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Sparks fly as Saatchi dispute erupts again

Article Abstract:

Advertising agency Cordiant, formerly known as Saatchi and Saatchi, made a Department of Trade and Industry investigation into insider dealing into a personal attack, according to Maurice Saatchi. He also claims that Cordiant broke a legal agreement with M and C Saatchi, his new company. Another area of conflict is claims by Cordiant that Maurice Saatchi poached key clients.

Management, Advertising agencies, Beliefs, opinions and attitudes, Saatchi, Maurice, Cordiant PLC

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Cadbury persuades Dr Pepper

Article Abstract:

Drinks concern Dr Pepper is likely to be purchased in the near future by confectionery and soft drinks concern Cadbury Schweppes. Dr Pepper holds around 8% of the US soft drinks market, behind Coca-Cola and Pepsi, and Cadbury Schweppes has been interested in purchasing it for some time. The purchase will probably be funded by a 400 million pounds sterling rights issue.

Mergers, acquisitions and divestments, Soft drink industry, Cadbury Schweppes PLC, Dr Pepper Seven-Up Corp.

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