20 JANUARY 1990, page 23

City And Suburban

The markets wake with a headache from inflated expectations CHRISTOPHER FILDES T he New Year's hangover has got through, after an extended binge in which the market-makers came......

... A Winning Double

I AM encouraged to hope that John Major means to abandon the most perverse fea- ture of Nigel Lawson's reign. He always messed up the National Hunt meeting at Cheltenham by......

Neddy In Toyland

I THOUGHT it was a bad sign when John Major was so nice to everyone at the Neddy meeting. Indeed, it was a bad sign that Neddy should meet at all. I had hoped that it had been......

The Treasury Backs...

ALL will be well, though. Where it mat- ters, the Treasury is getting things right. This week sees a far-reaching initiative from the Permanent Secretary, Sir Peter Middleton.......

Scrim-shanked

THE markets' fall this week, snuffed out such hopes as remained for the old City broking house of Scrimgeour. Taken over by Citicorp of New York in what should have been a......