Business Diary: 24/04/2010
Saturday 24 April 2010
The 7,500 lost souls who didn't read small print
Proof that no one reads the terms and conditions when buying stuff on the internet: online computer games retailer Gamestation played a trick on its customers on April Fool's Day, by amending its terms and conditions thus: "By placing an order via this website on the first day of the fourth month of the year 2010 Anno Domini, you agree to grant Us a non-transferable option to claim, for now and for ever more, your immortal soul." Had customers clicked through for further details, they would have been told the clause was a joke and been offered a £5 gift voucher. But despite 7,500 people ordering from Gamestation that day, not a single voucher has been claimed so far.
Barclays hires poverty campaigner
Barclays Bank's latest new non-executive director is a curious choice. Dambisa Moyo, who is joining the board, certainly has an impressive CV. Oxford and Harvard educated, she has done stints at Goldman Sachs and the World Bank, and is also a non-exec at SAB Miller. But Moyo is best known for her book Dead Aid, which caused a storm for its thesis that Africa's poverty and corruption can be blamed on foreign aid.
Branson takes the philosophical approach
Wise words from Sir Richard Branson, the founder of Virgin Atlantic, on the ash cloud. "If you're in the airline industry then you have to expect, as my chief executive says, that 'shit happens'," he tells CNBC. Quite right, Sir Richard: like getting charged with price fixing by the Office of Fair Trading this week.
From hot favourite to rank outsider
How the world has changed. Working in the City used to be a sure thing. Yesterday, the only banker's bonus to be found was the horse of that name running at Chepstow. Critics of the banking sector will be pleased to hear it came nowhere.
- 1 Forget 'The Dress': Here are five of the biggest news stories you might have missed
- 2 The black and blue dress: Makers considering a white and gold version
- 3 PornHub turns masturbation into energy in bid to save the planet
- 5 Saudi Muslim cleric claims the Earth is 'stationary' and the sun rotates around it
Boris Nemtsov shot dead: Outspoken Putin critic who had expressed fears for his life is killed near the Kremlin
PornHub turns masturbation into energy in bid to save the planet
Ukraine crisis: Top Chinese diplomat backs Putin and says West should 'abandon zero-sum mentality'
White and gold or blue and black – what colour is the dress? An eyewitness gives a definitive answer
Saudi Muslim cleric claims the Earth is 'stationary' and the sun rotates around it
New theory could prove how life began and disprove God
Half of Ukip voters say they are prejudiced against people of other races
This is what it's like to be dead, according to a guy who died for a bit
'Cash for access' scandal: Sir Malcolm Rifkind says 'unrealistic' for MPs to live on £67,000 salary
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
Ukip would cut billions from Scottish budget to fund English tax cuts
iJobs Money & Business
£40000 - £50000 per annum + pro rata: SThree: SThree Group have been well esta...
£30000 - £37000 per annum: Recruitment Genius: Established in 1999, a highly r...
£250-£300 Day Rate: Jemma Gent: Are you a qualified accountant with strong exp...
£230 - £260 Day Rate: Jemma Gent: Do you want to stamp your footprint in histo...