Business Diary: 27/06/2009
Saturday 27 June 2009
Cashing in on a belief in free markets
The Economist arrives, with the curious omission of almost any coverage of the latest row over City bonuses.
Could this be connected to the fact that The Economist published its own annual report this week? It showed that former CEO Helen Alexander, who stood down last July, less than four months into the year, took home almost £1.2m, including a £678m payment from a long-term incentive plan.
Buik offends some powerful people
More embarrassment for David Buik, the BGC Partners frontman who has a reputation for, how shall we put it, acting in haste and repenting at leisure. Buik fired out one of his splenetic emails yesterday, berating the leading US Democrat Nancy Pelosi for a supposed expenses outrage. Minutes later, another email was dispatched, confessing that he'd been passing on duff information and begging forgiveness.
The Mandelsons: like father, like son
A long-standing Independent reader gets in touch to complain that Lord Mandelson, the Business Secretary, has not had the courtesy to reply to a letter he sent with ideas for job creation.
Our reader, who sent the Lib Dem Treasury spokesman, Vince Cable, the same letter and got an acknowledgement straight away, has nagged the Business minister's office several times, but to no avail. The last time he encountered such rudeness, he adds, was 22 years ago, when the advertising manager of the Jewish Chronicle failed to respond to a complaint he had made. And the identity of the discourteous sales executive in question? It was none other than Mandy's dad, George.
Memo from the boss: get a haircut
James Caan, the entrepreneur, is a tough man to please. Having persuaded the former Dragon's Den judge to invest in his company Insynergy, Spike Hughes, left, was invited on to the business TV channel CNBC along with Caan himself. Full of praise for Hughes' business acumen, Caan revealed one nagging doubt. "The only downside to Spike", he complained, "is his hairstyle." One imagines that Hughes has already been to see his local barber.
Number of the day: 33
Number of years Tony Pidgley has run the housebuilder Berkeley. He is now to move up to the chairmanship.
- 1 What happens to your body when you give up sugar?
- 2 Drugs Live cannabis trial: Hash is less harmful than any other drug, expert claims
- 3 Have sex with your iPad thanks to the new sex toy no-one asked for
- 4 African jawbone discovery pushes birth of humanity back by 400,000 years
- 5 The 'sex selfie stick' lets you FaceTime the inside of a vagina
Out-of-touch MPs ‘don’t get it’, says ex-Civil Service chief
George Clooney and Amal fail to get special treatment at New York restaurant
'A girl is more responsible for rape than a boy': The statement that shocked the world... except India
African jawbone discovery pushes birth of humanity back by 400,000 years
The 'sex selfie stick' lets you FaceTime the inside of a vagina
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
Durham Free School: 'Creationism taught at' free school facing closure
Ukip would cut billions from Scottish budget to fund English tax cuts
End of the licence fee: BBC to back radical overhaul of how it is funded
Ukraine crisis: Top Chinese diplomat backs Putin and says West should 'abandon zero-sum mentality'
Boris Nemtsov shot dead: Outspoken Putin critic who had expressed fears for his life is killed near the Kremlin
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