19 JULY 1997, page 21

What Money Can Buy

THE OFT calls for a new kind of personal pension — 'the best that money can buy'. Such a thing has already been invented, and is called a money-purchase pension scheme.......

City And Suburban

Three new blades, two new handles it's all change in the palace that was ICI's CHRISTOPHER FILDES I have been told that the authentic crick- et bat once used by W.G. Grace is......

Leavers Weepers

I AM prompted to wonder how many peo- ple who joined ICI at the beginning of their working lives are now retiring on full pen- sion. ICI is a good provider and they must have......

Sorry, Wrong Numbers

BRITISH Telecom is more surprised than I am. Harassed by regulators and menaced by chancellors, it was in a hurry to part with its money before the rats got at it. So last year......

Trojan Horses

AS FOR British finance, one line from the announcement tells the story: 'ICI is being advised by Goldman Sachs'. In the days, not far distant, when S.G. Warburg advised more......

Sweet Thames, Run Softly

I LIKE the way that Thames Water keeps faith with its shareholders. Gordon Brown may dip into its profits, John Prescott twid- dles its taps and some professional con- sumers......