City People

n Ian McCartney, Britain's Trade minister, had a mishap in his Paris hotel room yesterday morning, ahead of the ministerial meeting he was due to attend at the Organisation for Economic Co-operation and Development (OECD).

A slip in the bath left him concussed.

According to one veteran: "Given the choice between a spot of concussion and the ministers in session, I know which I'd go for."

It was not the first accident linked to the meetings. Last month, Bill Callaghan, the TUC's economics supremo, was in Paris for a fraternal preparatory discussion with the trade union committee of the OECD. He broke his ankle and had to spend several days in a Paris hospital.

So beware the curse of the OECD.

n Robert Jeens is leaving his post as finance director of Woolwich in order to take up a big new job, but, tantalisingly, he will not say what it is yet.

He told the converted building society about his intentions two months ago, enabling them to start recruiting a replacement - Richard Meddings, a managing director in the investment banking side of CSFB.

Mr Meddings was involved in Woolwich's flotation in April 1996.

He has previously worked in corporate finance at Hill Samuel and BZW, and has advised the director general of Oflot on the lottery franchise.

Mr Jeens will continue in his post until Mr Meddings' arrival at the end of June.

Mr Jeens was in Paris yesterday at a meeting of Banque Woolwich, the bank's French mortgage arm, which it bought in 1931.

n Judges at the Appeal Court have ruled that Lloyd's of London cannot avoid paying out on a cancelled Michael Jackson concert following the death of Diana, Princess of Wales two years ago.

Lloyd's underwriters must pay Quinta Communications pounds 625,000 for a Barcelona concert cancelled by the grieving pop idol following Diana's death, according to Post magazine. The concert was expected to net pounds 1.5m.

n Brewing four pots of tea per day for six years will cost the world the lives of two trees. Heating and lighting a typical home for a year will cost 10 trees.

These worrying figures come courtesy of Avis, the car rentals giant, which has joined with Future Forests, the environmental taskforce, to try and do something about harmful carbon dioxide emissions. Avis is set to plant 8,500 trees in the UK to offset the CO2 its head office and 170 branches emit here, and another 18,000 trees in the autumn to offset the effects of the cars it rents out. Oh, and if you care about the biosphere - steady on the tea, there.

n The "treble effect" is not having much impact at United Utilities, the Manchester-based group which owns North West Water and Norweb. Manchester United's historic trio of victories sealed on Wednesday night was a bit wasted on the United Utilities management.

Derek Green, chief executive, isn't interested in football, whilst Bob Ferguson, finance director, is, even worse - a Liverpool fan.

So neither was distracted when they were in London on the night of the Bayern Munich match to prepare the prelims announcement.

Nevertheless, the duo are proud to boast that their region now has the world's most successful football club.

Considering that United Utilities has underperformed the stock market by 55 per cent over the past year, the question is still open as to whether the region has the world's most successful utilities company...

PROMOTED VIDEO
News
Wayne’s estate faces a claim for alleged copyright breaches
John Wayne's heirs duke it out with university over use of the late film star's nickname
News
business
News
Mick Jagger performing at Glastonbury
people
Extras
indybest
Life and Style
beautyBelgian fan lands L'Oreal campaign after being spotted at World Cup
Sport
Germany's Andre Greipel crosses the finish line to win the sixth stage of the Tour de France cycling race over 194 kilometers (120.5 miles) with start in Arras and finish in Reims, France
tour de franceGerman champion achieves sixth Tour stage win in Reims
News
ebookA unique anthology of reporting and analysis of a crucial period of history
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

JQuery Developer (JQuery, C#, front-end, JQuery, UI, Tomcat)

£40000 - £45000 per annum: Harrington Starr: A Global Financial Service Organ...

Linux Systems Administrator - UNIX, Linux, Shell, Bash

£50000 - £60000 per annum: Harrington Starr: Linux Systems Administrator - UNI...

UNIX Systems Administrator - Oracle DBA, UNIX, Scripting

£40000 - £45000 per annum: Harrington Starr: UNIX Systems Administrator - Orac...

Linux Systems Administrator - (Support, Linux, UNIX)

£40000 - £55000 per annum: Harrington Starr: Linux Systems Administrator - (Su...

Day In a Page

The true Gaza back-story that the Israelis aren’t telling this week

The true Gaza back-story that the Israelis aren’t telling this week

A future Palestine state will have no borders and be an enclave within Israel, surrounded on all sides by Israeli-held territory, says Robert Fisk
A History of the First World War in 100 Moments: The German people demand an end to the fighting

A History of the First World War in 100 Moments

The German people demand an end to the fighting
New play by Oscar Wilde's grandson reveals what the Irish wit said at his trials

New play reveals what Oscar Wilde said at trials

For a century, what Wilde actually said at his trials was a mystery. But the recent discovery of shorthand notes changed that. Now his grandson Merlin Holland has turned them into a play
Can scientists save the world's sea life from

Can scientists save our sea life?

By the end of the century, the only living things left in our oceans could be plankton and jellyfish. Alex Renton meets the scientists who are trying to turn the tide
Richard III, Trafalgar Studios, review: Martin Freeman gives highly intelligent performance

Richard III review

Martin Freeman’s psychotic monarch is big on mockery but wanting in malice
Hollywood targets Asian audiences as US films enjoy record-breaking run at Chinese box office

Hollywood targets Asian audiences

The world's second biggest movie market is fast becoming the Hollywood studios' most crucial
Grindr founder Joel Simkhai: 'I've found love on my dating app - and my mum keeps trying to hook me up!'

Grindr founder Joel Simkhai: 'I've found love on my dating app'

Five years on from its launch and Grindr is the world's most popular dating app for gay men. Its founder Joel Simkhai answers his critics, describes his isolation as a child
Autocorrect has its uses but it can go rogue with embarrassing results - so is it time to ditch it?

Is it time to ditch autocorrect?

Matthew J X Malady persuaded friends to message manually instead, but failed to factor in fat fingers and drunk texting
10 best girls' summer dresses

Frock chick: 10 best girls' summer dresses

Get them ready for the holidays with these cool and pretty options 
Westminster’s dark secret: Adultery, homosexuality, sadomasochism and abuse of children were all seemingly lumped together

Westminster’s dark secret

Adultery, homosexuality, sadomasochism and abuse of children were all seemingly lumped together
A History of the First World War in 100 Moments: Dulce et decorum est - a life cut short for a poet whose work achieved immortality

A History of the First World War in 100 Moments

Dulce et decorum est: a life cut short for a poet whose work achieved immortality
Google tells popular music website to censor album cover art in 'sexually explicit content' ban

Naked censorship?

The strange case of Google, the music website and the nudity take-down requests
Howzat! 8 best cricket bats

Howzat! 8 best cricket bats

As England take on India at Trent Bridge, here is our pick of the high-performing bats to help you up your run-count this summer 
Brazil vs Germany World Cup 2014 comment: David Luiz falls from leader figure to symbol of national humiliation

David Luiz falls from leader figure to symbol of national humiliation

Captain appears to give up as shocking 7-1 World Cup semi-final defeat threatens ramifications in Brazil