Rank restructures film interests

LEISURE group Rank will unveil plans this week to demerge its film services division and sell its media business.

The company, formerly famous for making hundreds of films including the Carry On series, plans to turn the film unit into a separately listed company, the Sunday Telegraph reported.

It also plans to integrate its gambling division, which includes Mecca bingo halls, with its Hard Rock Cafes and hotels, the report said.