What the Sunday papers said - 06 January

Related tags Merrill lynch Economy Tony blair

The Sunday TimesThe City should witness a sharp rise in the number of companies making stock-market debuts this year, with an upturn in sentiment and...

The Sunday Times

The City should witness a sharp rise in the number of companies making stock-market debuts this year, with an upturn in sentiment and a glut of money driving more flotations.

The first big float of 2002 could be Punch Pub Company, part of Punch Group. Merrill Lynch has been brought in to work on the issue which analysts believe could be worth between £600m and £1bn.

The Sunday Telegraph

A study by the Centre for Economic Business Research into the impact of September 11 and subsequent conflicts suggests there will be a 5 per cent reduction in demand for overseas holidays this year which, if true, means the industry's capacity cuts will more than compensate. It would also suggest that Britons will spend more of the leisure pound at home.

The Business(formerly Sunday Business)

Britain's consumer spending boom continued in December. According to figures from the British Retail Consortium shoppers spent about six per cent more than last year in the run-up to Christmas, as personal borrowing, fuelled by low interest rates soared.

The Observer

Fears that the economy is overheating will intensify today when new figures are expected to show that UK shoppers powered the retail sector to its best Christmas sales figure for a decade.

Tony Blair should call a referendum on joining the single currency this autumn or next spring because the Government's economic tests for entry are all but met, according to a key ally of Tony Blair.

The Mail on Sunday

A growing squeeze on company profits will be highlighted this week, with figures expected to show a further fall in the rate of return for investors in British industry. Employees are taking a bigger slice of the cake, helped by a still-buoyant labour market and a reluctance by firms to shed workers in case the economy picks up.

The Sunday Express

No industry-related news

The Independent on Sunday

No industry-related news

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