Article: CITYSPY

AS private equity buyers sweep up Britain's biggest companies, what are the tracker funds going to do? Demand for big UK Plc stocks could outstrip supply. That will create a bubble in them because trackers will be chasing ever-fewer shares. Increasingly, the only way for investors to enjoy the success of big companies will be by buying the bonds issued by the venture capitalists to fund their takeovers. So what next - a junk bond tracker?

JOURNALISTS at News International need to brush up their knowledge of Canary Wharf, Paddington and Southwark. Estates Gazette reports that agent Jones Granville has been instructed to find a headquarters building in one of those areas, and word is it's ...

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