Business and City Summary
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Your support makes all the difference.Slump in cars bought on credit
Sales of new cars bought on credit fell by 10.6 per cent in the first half of this year, according to figures from HPI, the vehicle statistics organisation. The used car market recorded a drop of 6.9 per cent.
However, four manufacturers saw a rise in new car finance sales, Citroen taking the lead with a 22.9 per cent increase.
TODAY
Interims: East German Inv Tst, Tst of Property Shares
Finals: Ellis & Everard, Matthew Clark, Multitone Electronics, Tomkins
Annual meetings: Gieves, Mid-Sussex Water, West Kent Water.
TOMORROW
Interims: CMW, City of Oxford Inv Tst, Eurotherm, Low & Bonar, Miskin, Olim Conv Tst
Finals: Birse, Bucknall, Clarke Hooper, Heiton Hdgs, Morris Ashby, Nobo, Pelican, Prism Leisure Corp, Triplex Lloyd, John D Wood
Annual meetings: AH Ball, Baris, British Airways, Cassidy Bros, Christian Salvesen, Courtaulds, Dunloe House, John Foster, Gt Portland Estates, Henderson Admin, Young & Co's Brewery
Figures: UK industrial production (May), UK producer prices (June), US consumer prices (June), US retail sales (June)
WEDNESDAY
Interims: Denmans Elec, Leslie Wise, Scottish American Inv Tst
Finals: Aberforth Split Level, HP Bulmer, Tomorrows Leisure, Wyko
Annual meetings: Argyll, Caffyns, Dawson Int, Drayton English & Int, Finsbury Tst, Fleming High Income Tst, Homestake Mining, Johnson Matthey, Lyons Irish, Mid Kent Hdgs, Penna, Plysu
Figures: US industrial production (June), US capacity utilisation (June), US business inventories May)
THURSDAY
Interims: Baring Tribune, Cardiff Property, General Consolidated, National Home Loans
Finals: Brasway, Dalepack Foods, Hampson Inds, Jones Stroud, Moorgate Inv, Norbain Electronics, Peel Holdings, Power Corp
Annual meetings: Mirror Group Newspapers, Reed Int.
Figures: UK unemployment (June), UK average earnings (May), UK unit wage costs (May), PSBR (June), US housing starts and permits (June)
FRIDAY
Interims: Aberforth Smaller Cos Tst, Elandsrand Gold Mining, Grosvenor Dev Capital, Selective Assets Tst, South African Land & Exploration, St Andrews Tst, Vaal Reefs , Western Deep Levels
Finals: British Bloodstock Agency, Jacques Vert
Annual meetings: British Land, Marks and Spencer, Thorn EMI, Vosper Thorneycroft
Figures: US merchandise trade (May)
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