But the impact on premium bonds is expected to be modest

But the impact on premium bonds is expected to be modest.All of which would leave a shortfall ranging from pounds 205m in BZW's pounds 1.5bn-a-year turnover scenario up to pounds 1.45bn if the turnover was pounds 4bn.Most of this would have to come from consumer spending on such things as confectionery - hence the defensive presence of Cadbury Schweppes in the Camelot consortium - cigarettes,

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soft drinks, newspapers and magazines. Literature meant a great deal to him; it was the basis of culture and he felt that this emphasis was being forgotten by the teachers of Welsh pupils.One of his last pleas was for Welsh language teachers to introduce their pupils to the priceless treasures of Welsh literature.Jones did just this in his own career. Hitherto, risk assessment has been an arcane discipline practised by nuclear safety engineers and a few technical experts in the chemicals industry.The conclusions of risk assessment can be startling. Financial reporting is to some extent lacking if it excludes off-balance sheet items like the financial commitments in foreign exchange,' Mr Schloters added.Nor would companies be keen to have such sensitive information made public. More shops, inspired by the course, are making simple and inexpensive improvements. Although it's the joy of Viennese pastry shops, it's actually the national dessert of Hungary. One of the most overlooked is that the politics of economic reform cannot be neglected.

THE FIERCE political controversy provoked by the proposal from some of ITV's 15 regional companies to move News at Ten intensified yesterday when a Commons committee complained it had been misled by Greg Dyke, the chief executive of London Weekend Television. A year after being named man of the year by his local chamber of commerce, he admitted to a judge last week that he had defrauded his parents, friends and a youth group of dollars 2.4m.Smith, a financial planner, faces up to 25 years in prison and a dollars 1.25m fine for milking 16 friends and associates of an estimated dollars 2.4m over five years through his investment firm.'The victims are victims only because they trusted me, because they were willing to accept my word,' Smith said in a statement in which he pleaded guilty to five federal mail fraud charges.The fraud was uncovered in late 1992 when some of his clients demanded an accounting. Spurs stuck to their principles and tried to pass their way clear from the mass of bodies, but rarely was daylight to be had and from early on the game was going away from them.The tide was firmly in Arsenal's favour, and television replays showed they should have had the lead in the 35th minute. Some are completely novel, dredged from imaginations the equal of H P Lovecraft's: one of the most unpleasant in the bestiary resembles a giant horned floating pomegranate with one eye and a line in high-velocity saliva. Tomorrow's fixtures at Hexham and Nottingham are also in doubt due to snow and waterlogging respectively. British National Domino Championships, Spa Royal Hall, Bridlington, Humberside Horse Racing, Lincoln Handicap, Doncaster.27: Palm Sunday Music and Sound Day events, Science Museum, London SW7.

The boy - now 13 - was bailed by a youth court at Newport, on the Isle of Wight, accused of raping a girl of 12 at Cowes last November.. PETER VINCENT, the Medway Ports chief executive who made about pounds 13m when the company was sold to the Mersey Docks and Harbour Company last year, has resigned from Mersey's board and relinquished all executive responsibilities with the group. As Mr el-Sakkout is no doubt aware, language is a dynamic, ever-evolving means of communication and in such a context words mean only what people actually make them to mean. I have had numerous discussions with Arabs from all walks of life both in the West Bank and in Israel and whenever the topic of jihad cropped up they all openly expressed and admitted to one understanding of the word - that of a holy war. That evidence largely dispels her beliefs and her past insistence that satanic abuse was a key feature in the Broxtowe case in Nottingham. The basal ganglia sends messages about the state of the world to the limbic forebrain, where they are compared with a model of how the world is expected to be. 'It was particularly difficult for those of us who had never experienced a big crisis before,' said one.

Like an inferiority complex, presumably.It all sounded a little weedy after the talk of Careca, Klinsmann and Riedle, but England will be without Les Ferdinand, who has finally succumbed to his long-standing back injury, and will play no further part in the tournament. DOES the Fed's decision to raise interest rates for the first time in five years mark the start of a full-scale crash in world equity markets, or is what occurred on Wall Street on Friday night - a fall of nearly 100 points in the Dow Industrial Average - no more than a large hiccup, a short-term correction? Traditional wisdom would have you believe that a turn in the interest rate cycle spells the end of a prolonged bull market. The central economic challenge facing eastern Germany was how to transform a system of Kombinate into a culture of small and medium-size enterprise. The book earned him a sulphurous reputation as a writer of acrid eroticism. Pavarotti found his golf cart stuck behind Ahmet Ertegun, who was moving slowly on crutches 'Keel heem]' he shouted to his driver.

Sir Peter Maxwell Davies was asked on the radio the other day what he thought of it Not bad on the whole, he said: 'He's enthusiastic He seems to like me.' He does indeed. MARY WHITEHOUSE, the censorship campaigner, was one of several notable former Guides to have vivid memories of the movement. It is the story of how a black man, Thurnell Alston, of little education and great ability, rose from sweaty obscurity to become a county commissioner, not like the stammering old Uncle Toms Sheriff Poppell had patronised, but as the proud champion of a people so poor that when winter came they prayed for sheetrock - toughened plasterboard - to be delivered by the bounty of Highway 17, like Sheriff Poppell's shoes, to keep out the rain.It was, with the sort of irony that Thomas Hardy would have relished, the highway that began the downslope in Thurnell Alston's life. The policyholder said the agent had never explained that the pounds 100 voluntary excesses on the policy would be compulsorily increased substantially if a claim was made.The monitoring committee's report also notes that a number of pyramid selling organisations are now selling insurance and warns insurers that they need to look closely at this development 'to ensure that consumer interests are not compromised'.(Photograph omitted). An influx of newcomers has driven up the local population by almost 13 per cent since 1981.Behind this growth has been the relative shift of economic power and population to the south of England and the areas nearest Continental Europe - a trend that is expected to continue. There is a problem with describing this ethereal music: he writes about its 'intricacy, subtlety and profound emotional content'; of the women's singing he says, 'gentle and warbly at first, their voices slowly blossomed into yodels of joy'; he describes the harp-zither, flute and earth-bow they use to create it, but to get any real idea of what it actually sounds like, you would probably have to send off for a cassette There is a risk in that, of course Look what happened to him.He still lives there.

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