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.
- 1 Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
- 2 Google April Fools': company unveils backwards search engine and huggable digital assistant
- 3 I might be an MP, but that doesn't stop me fighting sexism with my breasts
- 4 April Fools' Day 2015: The best hoax news stories from around the internet
- 5 Gamers confess the worst things they've done in The Sims
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
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
Revealed: Putin's army of pro-Kremlin bloggers
Katie Hopkins reported to the police for race hatred by Labour MP Simon Danczuk after tweet about Pakistani men
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