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 President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
- 2 Doctors remove 80 teeth from boy's jaw
- 3 The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
- 4 Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
- 5 Naomi Wolf reacts to Isis 'conspiracy theories' critism after she questions whether beheading videos are real
President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing
Syrian teenager Usaid Barho reveals how he escaped from Isis using a suicide vest
Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
Millions of Britons struggling to feed themselves and facing malnourishment
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Nigel Farage: Ukip leader named 'Briton of the year' by The Times
Douglas Carswell tells Ukip to stop blaming foreigners as youth poll shows Nigel Farage is even less popular than Nick Clegg
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