US suffers shock inflation increase October 19, 2005 Inflation trends differed markedly on either side of the Atlantic yesterday, with the American producer prices (PPI) confounding analysts with their biggest gain in 15 years, but Britain got off lightly with a consumer price index (CPI) level of just 2.5 per cent. The American PPI shot up by 1.9 per cent on last month, [...]
Terra Firma bid goes on October 18, 2005 The Takeover Panel told financier Guy Hands yesterday that his investment vehicle Terra Firma could not back out of a £453m bid to buy power business East Surrey Holdings. Kellen Acquisitions, which is wholly owned by Terra Firma, had been trying to back out of an offer that it made on 8 April to buy [...]