Business Services Industry

Daily Mail, London, market report column.

Knight Ridder/Tribune Business News, July, 2004

By Geoff Foster, Daily Mail, London Knight Ridder/Tribune Business News

Jul. 20--There ain't no cure for the summertime blues. Who says so? The growing number of overweight bears who believe that all City bets are off until mid-September, when fund managers return from holiday bronzed and raring to go.

True, share trading volumes are currently nothing to write home about, but historically when all seems lost, something corporate often crops up to keep wolves from the doors of struggling stockbroking firms.

Indeed, dealers heard yesterday that Lord Graham Kirkham will this week prove there is life in the retail sector after Philip Green and Marks & Spencer. The chairman and founder of sofa seller DFS is expected to raise his cash...

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