Business Diary: An economist swaps sides

A new tactic from HM Treasury? Earlier this week, the National Institute for Economic and Social Research published a pretty damning report on the Government's economic policy, basically accusing the Chancellor of getting it wrong. Now the NIESR has announced a new director of macroeconomic research: he is Dr Angus Armstrong, who currently does something very similar for, wait for it, the Treasury. Has George Osborne dispatched an infiltrator?



A chance to put the brand up high

A pitch reaches us from AEG, owner of the Dome in Greenwich, London. It has already enjoyed plenty of publicity for its plans to build a "roofwalk" over the top of the dome, in time for the Olympics next summer, but now it is after a naming partner (O2 is already signed up for the dome itself). So which British businesses might want to pay to have their names associated with this country's answer to the Sydney Harbour Bridge walk? Sky seems an obvious contender – or one of the airlines? Maybe even a bank eager to restore its reputation. Your suggestions gratefully received.



Asda's wine buffs left spitting

Guy Woodward, the editor of Decanter magazine, has ruffled some feathers with an assertion on Radio 5 Live late on Tuesday that it is not possible in this country to buy a decent bottle of wine for less than a fiver. In particular, Asda has promptly branded Woodward a snob. Now, we're not wine buffs here, but we can't help feeling that Asda has a point. It lists a string of award-winning wines it sells in its supermarkets for less than £5. And who were those awards from? Step forward Decanter magazine.



Singing the blues in the City

It is good to see that the Diary's old friend David Buik, now retired from frontline duties at BGC Partners (and a 40-year career in the City) is keeping busy. Buik gets in touch to amuse us with a modern-day reworking of Bob Dylan's "Subterranean Blues". Sample lyric: "The banker in the trench coat/ Kicked out, laid off/Says he's got a bad cough/Wants his bonus paid off/ Look out kid/ It's that crap trade you did."

Don't give up the day job David – oh, you did.

businessdiary@independent.co.uk

Start your day with The Independent, sign up for daily news emails
  • Get to the point
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Recruitment Genius: Retirement Coordinator - Financial Services

Negotiable: Recruitment Genius: To provide a prompt, friendly and efficient se...

Recruitment Genius: Annuities / Pensions Administrator

Negotiable: Recruitment Genius: You will be the first point of contact for all...

Ashdown Group: HR, Payroll & Benefits Officer - Altrincham - up to £24,000.

£18000 - £24000 per annum + benefits: Ashdown Group: HR, Payroll & Benefits Of...

Ashdown Group: Learning and Development Programme Manager

£35000 - £38000 per annum + benefits : Ashdown Group: A highly successful, int...

Day In a Page

The saffron censorship that governs India: Why national pride and religious sentiment trump freedom of expression

The saffron censorship that governs India

Zareer Masani reveals why national pride and religious sentiment trump freedom of expression
Prince Charles' 'black spider' letters to be published 'within weeks'

Prince Charles' 'black spider' letters to be published 'within weeks'

Supreme Court rules Dominic Grieve's ministerial veto was invalid
Distressed Zayn Malik fans are cutting themselves - how did fandom get so dark?

How did fandom get so dark?

Grief over Zayn Malik's exit from One Direction seemed amusing until stories of mass 'cutting' emerged. Experts tell Gillian Orr the distress is real, and the girls need support
The galaxy collisions that shed light on unseen parallel Universe

The cosmic collisions that have shed light on unseen parallel Universe

Dark matter study gives scientists insight into mystery of space
The Swedes are adding a gender-neutral pronoun to their dictionary

Swedes introduce gender-neutral pronoun

Why, asks Simon Usborne, must English still struggle awkwardly with the likes of 's/he' and 'they'?
Disney's mega money-making formula: 'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan

Disney's mega money-making formula

'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan
Lobster has gone mainstream with supermarket bargains for £10 or less - but is it any good?

Lobster has gone mainstream

Anthea Gerrie, raised on meaty specimens from the waters around Maine, reveals how to cook up an affordable feast
Easter 2015: 14 best decorations

14 best Easter decorations

Get into the Easter spirit with our pick of accessories, ornaments and tableware
Paul Scholes column: Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season

Paul Scholes column

Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season
Inside the Kansas greenhouses where Monsanto is 'playing God' with the future of the planet

The future of GM

The greenhouses where Monsanto 'plays God' with the future of the planet
Britain's mild winters could be numbered: why global warming is leaving UK chillier

Britain's mild winters could be numbered

Gulf Stream is slowing down faster than ever, scientists say
Government gives £250,000 to Independent appeal

Government gives £250,000 to Independent appeal

Donation brings total raised by Homeless Veterans campaign to at least £1.25m
Oh dear, the most borrowed book at Bank of England library doesn't inspire confidence

The most borrowed book at Bank of England library? Oh dear

The book's fifth edition is used for Edexcel exams
Cowslips vs honeysuckle: The hunt for the UK’s favourite wildflower

Cowslips vs honeysuckle

It's the hunt for UK’s favourite wildflower
Child abuse scandal: Did a botched blackmail attempt by South African intelligence help Cyril Smith escape justice?

Did a botched blackmail attempt help Cyril Smith escape justice?

A fresh twist reveals the Liberal MP was targeted by the notorious South African intelligence agency Boss