Business Diary: A smooth warning system
Saturday 03 December 2011
Never mind bond yields or CDS spreads: we've found a new early-warning signal for forthcoming financial or economic stresses – the sales achieved by fruit smoothies.
"Smoothie sales were like the canary in the mine for the state of the economy," Richard Reed, one of the founders of Innocent tells the latest issue of Director magazine, as he recalls the company's tough time during the recession. And by the way, says Reed, the move to sell a stake in the company to Coca-Cola was one of the best moves that it ever made.
Pass the port but watch what you say
Look out for the first advertising campaign in many years from Cockburn's this Christmas with the catchline "Pronounce Responsibly". We like a lewd joke here almost as much as a tipple of port, and the ad campaign, which is intended to serve as a throwback to similar promotions in the Seventies and Eighties, will certainly be admired by sentimentalists.
Economic titans (and Lamont)
We are very much looking forward to next week's debate at the Economic Research Council, at whichleading lights in the economics world are set to clash over their predictions for 2012. Featuring academics from Oxford and Cambridge universities, as well as the London School of Economics, the organisers of the bash are billing the debate as a "Clash of the Titans". Oh, and they've got former Chancellor of the Exchequer Lord Lamont too.
Euro party may be premature
The European Central Bank has made its debut on YouTube, with a film to mark the 10th anniversary next month of the first issuance of euro banknotes. It's a self-congratulatory piece full of happy and prosperous looking eurozone residents. See it for yourself by searching "First 10 years of euro banknotes and coins", but cross your fingers that we make it that far.
Jo from Northern Ireland was less than impressed by Russell Brand's attempt to stage a publicity stunt
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
Shock poll shows voters believe Ukip is to the left of the Tories
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
New era of cheap oil 'will destroy green revolution'
Ukip founder Alan Sked and Nigel Farage 'begged Enoch Powell to stand as a candidate'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
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