P529 Teletext 529 Oct 2 21:05:00    ———————————— FRIDAY ——————————  TIMES Some of the UK's largest fund managers face a sharp cut in profits because of moves by the Government to cap the charges on the new Isa. GUARDIAN Panic selling wreaked havoc in world stock markets as investors ignored the Federal Reserve's attempt to restore global confidence. TELEGRAPH The Government announced its long-awaited rules on Cat marking the new individual savings accounts due to go on sale in six months' time. ——————————————————————————————————1/2—— Share index 510 Company index 520 I.T.JOBS? - CONTRACT OR PERMANENT see p631 World Pound Shares Family Finance
P529 Teletext 529 Oct 2 21:00:03    ———————————— FRIDAY ——————————  FT The Federal Reserve Board came under attack from congressmen for its role in orchestrating the £2.1bn bail-out of Long-Term Capital Management. INDEPENDENT Stock markets plunged around the world as bad economic news and fallout from the hedge fund crisis led to fears of world recession. MAIL Shares in Capital Corporation, owner of London's Crockfords Casino, jumped after it disclosed it has had takeover approaches. ——————————————————————————————————2/2—— Share index 510 Company index 520 I.T.JOBS? - CONTRACT OR PERMANENT see p631 World Pound Shares Family Finance