CITY DIARY

Sighs of relief all round at headhunters as the prospect of finding a new job for John Major evaporated. Most were hard-pressed to come up with an alternative. He has made much of his early career in banking but the sector has moved on since his days at Standard Chartered.

Mr Major is thought by Frances Cook at Sanders & Sidney to be held back by his lack of a degree from an old university and other networking attributes.

"It all depends on how much money he needs," said Hilary Sears of Korn Ferry/Carre Orban. Perhaps a charity might be the best place for his talents. Heading the Lord's Taverners could provide the perfect opportunity to combine fund-raising with his famous love of cricket.

The Saudi investor Prince al-Waleed bin Talal bin Abdul-Aziz is said to be keen to add Canary Wharf to his Kingdom Investments portfolio.

One wonders how he will fare against the rival bid involving the original developers, the Reichman brothers.

The Reichmans' fortunes rose when Margaret Thatcher was PM. The brothers' office was a stone's throw from Number 10. And while they liked to make tea for their guests, flourishing the pot themselves, they preferred to pop round the corner to share a cup with the Iron Lady herself.

Happy family could well be a misnomer at Saatchi & Saatchi. Jennifer Laing, chairman, will throw a party for the Saatchi "extended family" to celebrate the agency's 25th anniversary in September, as advertised in this week's Campaign magazine.

The party, billed as the "biggest ever", will take place at the agency's Charlotte Street offices. Anyone who has ever worked there is invited to phone for tickets. So will Maurice and Charles show? "Of course they would be welcome," said Laing through what sounded like gritted teeth, while a dose of tongue in cheek could be detected in the small print at the bottom of the invitation: Will the agency ever recover?

After you, Sir, was the reaction to a call for volunteers to front the publication of Sir Richard Greenbury's report on executive pay on 17 July.

Much discussion on the committee as to whether Sir Richard, known as a straight talker and abrasive with it, should give way to someone more smooth-tongued on the day.

There was alarm at the risk of Sir Richard flying off the handle under aggressive questioning about executive greed.

Committee members Tim Melville Ross, the super-smooth director-general of the Institute of Directors, and Sir Iain Vallance of BT were among those canvassed as stand-ins, but the excuses came thick and fast.

If this report fails to meet its high political expectations, the hot seat may not be too comfortable on the day. But the committee was determined: Sir Richard must occupy it himself.

Start your day with The Independent, sign up for daily news emails
Sport
England's women celebrate after their 3rd place play-off win against Germany
Women's World CupFara Williams converts penalty to secure victory and bronze medals
Arts and Entertainment
Ricardo by Edward Sutcliffe, 2014
artPortraits of LA cricketers from notorious suburb go on display
News
newsHillary Clinton comments on viral Humans of New York photo of gay teenager
Arts and Entertainment
The gang rape scene in the Royal Opera’s production of Gioachino Rossini’s Guillaume Tell has caused huge controversy
music
ebooks
ebooksAn introduction to the ground rules of British democracy
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Recruitment Genius: Sales Assistant / Buyer

£15000 - £17000 per annum: Recruitment Genius: This company offers a range of ...

Recruitment Genius: Customer Service Advisor

£15000 - £16000 per annum: Recruitment Genius: Customer Service Advisors are r...

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + OTE £45K: SThree: SThree were established in 1986....

Recruitment Genius: Compliance Manager

£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...

Day In a Page

The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'
Compton Cricket Club

Compton Cricket Club

Portraits of LA cricketers from notorious suburb to be displayed in London
London now the global money-laundering centre for the drug trade, says crime expert

Wlecome to London, drug money-laundering centre for the world

'Mexico is its heart and London is its head'
The Buddhist temple minutes from Centre Court that helps a winner keep on winning

The Buddhist temple minutes from Centre Court

It helps a winner keep on winning
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate
Greece debt crisis: What happened to democracy when it’s a case of 'Vote Yes or else'?

'The economic collapse has happened. What is at risk now is democracy...'

If it doesn’t work in Europe, how is it supposed to work in India or the Middle East, asks Robert Fisk
The science of swearing: What lies behind the use of four-letter words?

The science of swearing

What lies behind the use of four-letter words?
The Real Stories of Migrant Britain: Clive fled from Zimbabwe - now it won't have him back

The Real Stories of Migrant Britain

Clive fled from Zimbabwe - now it won’t have him back
Africa on the menu: Three foodie friends want to popularise dishes from the continent

Africa on the menu

Three foodie friends want to popularise dishes from the hot new continent
Donna Karan is stepping down after 30 years - so who will fill the DKNY creator's boots?

Who will fill Donna Karan's boots?

The designer is stepping down as Chief Designer of DKNY after 30 years. Alexander Fury looks back at the career of 'America's Chanel'