Business Diary: 03/08/2009
Monday 03 August 2009
Foxton's boss calls the end of the downturn
Here's the best buy signal we've seen yet for the housing market. Jon Hunt, the founder of the estate agency Foxton's, reckons the slump is over and that prices have fallen to levels where good opportunities now exist. Mr Hunt famously sold Foxton's at the top of the market and was rumoured to be considering buying back in after it plunged in value. A man to follow then.
A party Lord Myners might want to miss
Will he show or won't he? The Treasury minister Lord Myners has been extended an invitation he must be tempted to refuse – the chance to speak at a meeting organised by angry Bradford & Bingley shareholders. A B&B action group is fighting for a better deal for investors following the nationalisation of the bank and it wants Lord Myners, left, to come to a public meeting in Knightsbridge to put his case. If he goes, it should be an interesting exchange.
Turbulent times for wind energy backers
The British Wind Energy Association may be one of the most powerful voices in the campaign to develop alternative energy supplies. But the industrial dispute prompted by the Danish company Vestas's decision to close its wind turbine factory on the Isle of Wight, pictured, has been a tad embarrassing to say the least. No matter: a BWEA briefing note blaming the Government for the dispute (think regulatory uncertainty, lack of tax breaks etc) is doing the rounds. That's OK, then.
Murdoch and Immelt force staff to make up
Fox News and MSNBC have finally signed a truce, according to a report in The New York Times. The American television channels' presenters have been sniping at each other in public for years now, pushing up their ratings, but executives have finally ordered a peace deal. The rapprochement follows a direct intervention by Rupert Murdoch, whose News International empire includes Fox, and Jeffrey Immelt, the chairman of MSNBC's parent company, General Electric. The pair issued the edicts to pull pugnacious underlings into line after being embarrassed by questions about the simmering row on television.
Number of the day: 200
The number of RBS staff who earned more than former chief executive Sir Fred Goodwin last year
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Rozanne Duncan: Ukip expels councillor for 'jaw-dropping' comments made in BBC TV interview
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food
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