Business Diary: A never-ending search for transparency
Monday 01 February 2010
Our regulators really know how to tie themselves up in knots. The Competition Commission (CC) has appointed an independent panel to investigate conflicts of interests of its members. All very laudable of course – and the CC was caught out in this area during its investigation of BAA's airports. But shouldn't there be a panel to investigate any conflicts that the independent panel might have?
Flash mobs aren't for grown-ups
It was never going to end well when advertising agencies began using flash mobs as a sales technique. Check out the Creative Review website for the most cringeworthy example yet: an invasion of the floor of the New York Stock Exchange by cheesy singers and dancers plugging Dr Pepper. Enough already of the getting down with the kids.
Geography lessons for Wapping please
All journalists make mistakes on occasion, but Carlisle readers of The Times might be forgiven for spluttering into their coffee on reading the paper's reports of an arrest made in connection with a man facing corruption charges. The suspect "was intercepted by SFO officers in Carlisle, Scotland", the paper reports. Last time we looked, Carlisle was very much in England.
The bankers take a pasting from OECD
Despite five days of bankers' endless bleating in Davos (or maybe because of it), there seems to be little sympathy for the poor souls. Even the OECD is unmoved. "The complaints from bankers that poor regulation caused the crisis is like you have a massive fire, the fire brigade comes in and you blame them for flooding the house," says John Evans, an adviser to the organisation.
Apprentice McFadden leads by example
Business minister Pat McFadden will today launch National Apprentice Week at a Morrison's supermarket in Camden, north London. McFadden should know a thing or two about apprenticeships – he currently spends his days shadowing the movements of his boss, Lord Mandelson.
Number of the day: 4 per cent
Total drop in the FTSE 100 index of leading shares during January
- 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
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