15 AUGUST 1998, page 25

Sell The Club

A CHAP'S club is his own business, but the members of the Royal Automobile Club have got their wheels the wrong way round. They hope to enrich themselves by selling their......

City And Suburban

In August's heat, prosperity's building-blocks are turning squishy at the edges CHRISTOPHER FILDES A ugust is a sticky month in markets. The chief dealers are on holiday,......

Trade V. Industry

THE BOARD of Trade does not meet very often these days, because the Archbishop of Canterbury finds it hard to make the time, but it goes back to the eighteenth century. The......

British Standard Oil

THE ANGLO-PERSIAN Oil Company has come a long way since Winston Churchill bet on it. As First Lord of the Admiralty, he spent £4 million of taxpayers' money to buy 40 per cent......

Cold Comfort

THE SONG is ended but the malady lingers on. We had got used to the idea that we could combine rapid growth with falling inflation, but those happy days, so the Bank of England......

Peter's Pence

A REWARDING week for Peter Suther- land, the persuasive Irish advocate and unregenerate cigar-smoker. He stepped up to be chairman of BP when David Simon disappeared into the......