Business Diary: 12/03/2010
Friday 12 March 2010
Time to take on the CBI, British Tourism Week
Britons failed to take an average of seven days of their holiday entitlement over the last year, according to British Tourism Week.
It wants us to be patriotic and take a break, complaining that forgoing so much time off will cost the economy £5.1bn. Diary suggests that the organisation touts this figure the next time the CBI trots out its dire predictions about the damage that will be done to our economic health the next time a new bank holiday is suggested.
Morrisons marks Bolland's card early
Marc Bolland, former Morrisons chief executive, right, can expect a warm welcome from ex-colleagues when he takes the helm at Marks & Spencer on 1 May. Asked yesterday if he expected a fightback from M&S on food, Morrisons' finance director, Richard Pennycook, cheekily said: "We will be competing hard. So there will be an advert appearing in early May with a very attractive offer and it will not be just a Morrisons quiche." Let battle commence!
Avon Calling: fancy a tree with your lipstick?
Being green is the epitome of corporate cool these days, and now Avon wants to join the party. Alongside the usual array of cosmetics, door-to-door representatives are being encouraged to sell rainforest trees at a pound a go. If just 166,050 trees are purchased, Avon says, it would be enough to cover an area the size of Regent's Park, the press release gushes. A tiny fraction of the amount burnt down every year, but Diary supposes that every little helps.
Buik's chilly blast for London's markets
Conditions are "sepulchral" on the markets, glowers BGC Partners' David Buik in his regular markets missive, which makes a welcome return after his two-week foray to India. It's clearly taken no time at all for all that sunshine to be blown away by London's gloom.
Swiss watches might not be so Swiss
Apparently Swatch wants to stop selling parts to rival Swiss watch makers, which have said that they will have to turn to Asia. Time's running out for that Swiss brand, then.
Number of the day: 21
The number of months Malcolm "Streaky" Calvert will serve in jail after being convicted of insider trading
- 1 Isis propaganda video shows 25 Syrian soldiers executed by teenage militants in Palmyra
- 2 Number of young homeless people in Britain is 'more than three times the official figures'
- 3 The map showing the most dangerous tourist destinations in Europe, according to the Foreign Office
- 4 Right to die: Belgian doctors rule depressed 24-year-old woman has right to end her life
- 5 The biggest first date turnoff has been revealed
Isis propaganda video shows 25 Syrian soldiers executed by teenage militants in Palmyra
Number of young homeless people in Britain is 'more than three times the official figures'
Van driver who comforted Clark Carlisle and called 999 after suicide attempt dies age 24
Greece debt crisis explainer: A history of just how the country landed itself in such a mess
Greece debt crisis referendum: Greeks want to vote No to austerity – but Yes to Europe
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
More Britons believe that multiculturalism makes the country worse - not better, says poll
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
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