Sunday March 12/2000
BBC 2 19.30
Blue Chip Blues
Shares in high-tech companies have seen astonishing price rises in recent months, even though few make profits. Meanwhile, investors have been turning away from many more traditional, blue-chip companies, even though they may be making lots of money. This leaves them undervalued, vulnerable to takeover and short of investment funds. Is the old economy being destroyed by irrational enthusiasm for the new economy? Nils Blythe reports.
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Portillo's Platform
Since his return to the Conservative front bench just a few weeks ago, Michael Portillo has been busily revising his party's core policies. As Shadow Chancellor, he has abandoned opposition to Bank of England independence; accepted the minimum wage; and announced that he would "never say never" to Britain joining the Euro. Is this part of a strategy to haul the Tories back towards the centre of British politics? And, if so, what other long-standing policies could be sacrificed? Maya Even interviews Michael Portillo.