Summary


Split-cap directors' Pounds 18m bonanza DIRECTORS of a firm that said it could not afford to contribute to the Financial Services Authority's settlement fund for victims of the split-cap investment trusts scandal got Pounds 18 million in bonuses between 1996 and 2003. BFS Investments was ejected from the settlement talks and now faces legal action from aggrieved investors.

Austrian hungry for Pounds 60m hotel swoop AUSTRIAN multimillionaire Sir Bernard Schrier is in talks to buy the Ramada Plaza Regents Park Hotel for nearly Pounds 60 million. The octogenarian is said to be bidding through Hungarian firm Danubius Hotels, of which he is chairman and owns 53%. Danubius is a significant player on the Continent, with 73 hotels.

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