P529 Teletext 529 May31 20:42:22 —————————————— WEDNESDAY ————— TIMES Morgan Stanley, the US investment bank still recovering from ill-fated flirtation with SG Warburg, received a record fine from a City watchdog. FT British Aerospace is expected to return to the offensive in its battle to win control of VSEL, the Barrow based submarine maker. INDEPENDENT Electrical giant Hoover announced it is selling its European operation, marking the final stage of its "free flights" fiasco. ——————————————————————————————————1/2—— Prices index 510 Companies index 520 POPULAR SHARES - LATEST PRICES 8516 International CityNews Shares FUSEP529 Teletext 529 May31 20:44:25 —————————————— WEDNESDAY ————— GUARDIAN Fresh blows for battered housing market with figures showing a drop in mortgage lending and a warning home ownership is nearing saturation. ——————————————————————————————————2/2—— Prices index 510 Companies index 520 POPULAR SHARES - LATEST PRICES p516 International CityNews Shares FUSE