Caravan manufacturer Elddis of County Durham is believed to be bidding for the UK’s largest caravan manufacturer, ABI Leisure of Beverley, Humberside, which went into receivership last week.
Part-time workers this week won the same employment rights as full timers, including paid holidays and pensions, when the Government signed up to the European Union Part Work Time Directive, which takes effect within two years.
Bug campaign call
MPs this week said a campaign with the same impact as that warning of Aids in the 1980s is needed to raise awareness of the millennium computer bug. The Commons’ Science & Technology Committee wants Whitehall to ensure enough cash to ensure the public sector achieves millennium readiness, ‘especially where safety-critical systems are involved’.
GEC will not comment on market rumours that it is seeking a £1bn-plus takeover of Racal. Such a bid was described as ‘complete speculation’ by Racal.
£120m sub refit
DML has won the £120m, three-year refit of the navy’s nuclear submarine Torbay. The refit includes a new chilled water system for which DML won a £20m design and supply contract in mid-1995.
Vickers said it was only in talks with BMW over the sale of Rolls-Royce Motor Cars and is not talking to Volkswagen, which put in a £385m bid last week.
David Hart, right-wing adviser to ex-defence minister Michael Portillo, has been taken on as a consultant by Munich-based Eurofighter, the company running the four-nation combat aircraft project.