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 Artist Jamie McCartney: How The Great Wall of Vagina is a stand against 'body fascism'
- 2 Katie Hopkins reveals fear she will die during brain surgery to cure epilepsy
- 3 Tom Cruise: Reporters banned from asking actor about Scientology
- 4 Dutch King Willem-Alexander declares the end of the welfare state
- 5 Michael B Jordan and Kate Mara handle excruciatingly awkward and offensive interview questions like pros
RideLondon 2015: Cyclist dies while climbing highest hill in Surrey during sportive
Katie Hopkins reveals fear she will die during brain surgery to cure epilepsy
'Gene drive': Scientists sound alarm over supercharged GM organisms which could spread in the wild and cause environmental disasters
Dutch King Willem-Alexander declares the end of the welfare state
Tom Cruise: Reporters banned from asking actor about Scientology
Yvette Cooper: Our choice is years of Tory rule under Jeremy Corbyn – or a return to a Labour government
Is Britain really full up? Are migrants taking our jobs? Leading academic answers the most common anti-immigration claims
Calais Migrant Crisis: Deputy Mayor of Calais labels Cameron's use of 'swarm' as 'racist' and 'ignorant'
Chris Leslie: Jeremy Corbyn's anti-austerity agenda will harm the poor, says Labour shadow Chancellor
While we fixate on Calais, the Home Office is quietly deporting dozens of migrants on 'ghost flights'
Calais crisis: The seven claims made about the migrants - and the reality
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