Business Diary: 24/10/2009
Saturday 24 October 2009
Murdoch's board all look the same
James Murdoch was on good form at Sky's AGM yesterday, gently chiding one shareholder who asked why the broadcaster did not screen a more ethnically diverse range of shows. His answer, that "Sky is all about inclusiveness; we strive to do that", was only slightly undermined by the company's board, who were all sat behind him. It consisted of 13 white men and one white woman.
The mystery of the black horse
Ian Gordon, a banking analyst at Exane, sums up perfectly the situation at Lloyds Banking Group in a note pointing out that, depending on who you believe, the bank could come up with a massive jumbo rights issue as soon as this week, or do nothing at all for the next month. The truth, as Mr Gordon added in his briefing, is that nobody knows. Perhaps it's time the bank told us.
A rare (and shortlived) triumph for NatEx
Guess which train operator tops the tables in the latest survey from the Office of Rail Regulation. You got it: step forward National Express, taking the title of the most improved operator, thanks to a very impressive rise in punctuality on its East Coast Main Line franchise during the first three months of the year. It won't be in the tables next year, mind you, since the Government has since stripped the company of the contract.
BBC bosses have cancelled Christmas
More controversy at the BBC. The decision to invite Nick Griffin on to Question Time caused plenty of grief, with staff – like the wider public – split on the rights and wrongs of the issue. But scrapping the Christmas party allowance, a move that was announced internally this week, prompted a much more united response – of fury. Last year, the Beeb halved the allowance – which was once £50 per staff member – but has now abolished it altogether.
Number of the day: 0.2%
The average forecast for third-quarter GDP growth made by 33 economists on Thursday. The figure was -0.4 per cent.
- 1 East 17 bandmember Brian Harvey in 'very desperate situation’
- 2 Vladimir Putin says Russia will fight for the right of Palestinians to their own state
- 3 WrestleMania 31 results: Seth Rollins stuns WWE as he cashes in Money in the Bank contract to claim title from Brock Lesnar
- 4 Ohio Democrat Teresa Fedor speaks out during abortion debate to reveal she has been raped – and is interrupted by laughter from Republicans
- 5 Germanwings plane crash: I have depression. That doesn't make me a psychopath
East 17 bandmember Brian Harvey in 'very desperate situation’
Vladimir Putin says Russia will fight for the right of Palestinians to their own state
Ohio Democrat Teresa Fedor speaks out during abortion debate to reveal she has been raped – and is interrupted by laughter from Republicans
Germanwings plane crash: Investigators may have already found remains of suspected killer co-pilot Andreas Lubitz
Children take eight Isis captives to be beheaded in latest propaganda video
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
JK Rowling responds to fan tweeting she 'can't see' Dumbledore being gay
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Jeremy Clarkson sacked live: Alan Yentob 'wouldn't rule out' ex Top Gear host's BBC return
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
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