Business and City Summary
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Your support makes all the difference.FIGHTER FIGHT
The defence secretary, Malcolm Rifkind, will join Italy and Spain this week in a last-ditch bid to rescue the pounds 22bn European Fighter Aircraft programme. They will seek to convince the German defence minister, Volker Ruhe, not to pull out of the project at a meeting in Madrid tomorrow.
SLACK CLOTHING
Demand for children's wear, one of the most buoyant markets in recession, will be flat this year, according to a report published today by Verdict Research. The pounds 1.3bn market has succumbed to a price war, with discounts even more widespread than in adult clothing.
TODAY: 3.8.92
Interims: Abbey National, BBA, Transport Development.
TOMORROW: 4.8.92
Statistics: UK June housing starts, UK July official reserves, US June leading indicators.
Interims: Edinburgh Oil and Gas, National Westminster Bank, Yorkshire Chemicals.
WEDNESDAY: 5.8.92
Statistics: UK May overseas travel and tourism, UK July cyclical indicators.
Interims: Chieftain Group, GKN, Smith & Nephew, Standard Chartered, TI Group, Wickes. Final: Resort Hotels.
THURSDAY: 6.8.92
Interims: Barclays Bank, BOC (Q3), British Petroleum, Kleinwort Benson, Rotork, Simon Engineering.
FRIDAY: 7.8.92
Statistics: UK balance of payments (advance 1991 estimates), UK second quarter insolvencies, US July unemployment.
Interim: Fairway Group.
Final: SEET.
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