11 AUGUST 1967, page 21

The Professional Approach Money

NICHOLAS DAVENPORT A foolish headline in The Tittles Business Sup- plement of 4 August—Insurance Companies Unload Gilt-edged'—reminded me that the in- vestment policy of what we......

Take-over Tactics

JOHN BULL Remarkably fierce take-over battles have been fought in the City this summer. If there is a general conclusion to be drawn it is this: de- fenders, in spite of the......