Business Diary: 19/10/2009
Monday 19 October 2009
The Wheels come off at National Express
Spinners at the troubled transport business National Express have spent much of the weekend trying to tell anyone who will listen that holding a rights issue had been their plan all along, and that the takeover by Spain's Cosmen family, which was aborted on Friday with ruinous effect on the share price, was only ever a Plan B. Keep telling yourself that, chaps.
Clydesdale still proud to be Scottish
Good to see that Scotland's financial community has not let the problems of Royal Bank of Scotland and HBOS dent its confidence – new £20 notes issued today by Clydesdale Bank, now Scotland's biggest issuer of notes, feature Robert the Bruce. That should terrify the Sassenachs.
Will Peston be silenced?
Robert Peston's widely followed blog – loved and hated in equal measure – could be at risk as the ever over-sensitive BBC continues panicking following the Jonathan Ross affair. The Beeb has told all its bloggers that they must not publish opinion pieces online – cue a string of complaints to Auntie about the opinionated blog of the BBC's business editor.
Dodgy directors still getting away with it
After the scandal we've had, we can presumably rest assured that dodgy businessmen and women are drummed out of the world of commerce much more quickly these days. Don't believe it – R3, the insolvency group, says that three in four of the iffy directors it refers to the Insolvency Service evade disqualification.
Number of the day: £700m
Proposed cost of regenerating Preston City Centre, now threatened after one of the developers withdrew
- 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
Shock poll shows voters believe Ukip is to the left of the Tories
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
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