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 Autistic adults could take pure MDMA to 'reduce social anxiety'
- 2 Before you complain about your GP, this is what you need to know about actually doing the job
- 3 Father of 12 accused of raping, beating, starving and abusing his own children in US 'cult'
- 4 Britain's Got Talent 2015: Jamie Raven divides Twitter as fans expose mind-boggling magic trick
- 5 Charlie Charlie Challenge explained: not a Mexican demon being summoned — it's gravity
People are criticising Fifa World Cup sponsors with corrupt corporate logos
Natalie Portman tells Harvard graduates: 'Accept your lack of knowledge'
British tourists complain impoverished boat migrants are making holidays 'awkward' in Kos
Fifa corruption live: Sebb Blatter warns 'more bad news may follow' as he clings to power
Skull found in Spain could be the world's first-ever murder victim
EU referendum: David Cameron's rules are a 'democratic disgrace', says French-born Scottish politician set to be denied a vote
SNP fury as HS2 finds 'no business case' for taking fast train service to Scotland
Australian man punched in the face for defending Muslim women from abuse on train
A nation of inequality: How the UK is failing to feed its most vulnerable people
David Starkey 'tells Amal Clooney to shut up and stop over-promoting human rights'
EU referendum: David Cameron to deny EU migrants and under-18s the chance to vote
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