Business Diary: Ascot welcome for Derby saviour
Saturday 18 June 2011
Things were looking decidedly ropey for the Derby when the mobile phone giant Vodafone ended its backing of the great horserace a few years back leaving the organisers scratching their heads over a new sponsor.
So much so that the Queen is understood to have told Investec boss Bernard Kantor that he had saved the Derby when the South African bank decided to step in to back the meeting. Kantor got his reward yesterday when he entered Ascot in a horse-drawn carriage having been invited to join the Royal procession.
Google's take on 'The Guardian'
Someone at Google has a sense of humour. As The Independent reported yesterday, Guardian News & Media is about to make job cuts as it moves from prioritising its print newspapers to a greater emphasis on digital publishing. Google's news digest service concluded it was an interesting story too, collating 27 reports on the job losses. But strangely, the top three entries were links to the part of The Guardian's website that covers recruitment matters, including details of how to apply for work experience.
High fuel prices crack Autoglass
There is good news and bad from Autoglass, the windscreen repair company. One effect of inexorably rising fuel prices, it says, is that people have been driving much more slowly and cautiously – that, of course, means our roads are just a little bit safer, for which we should all give thanks. On the downside, the company points out that this trend has meant there have been considerably fewer damaged windscreens for it to repair. As a result, it laid off 400 staff yesterday. For their sake, try not to slow down too much.
Europe's Lehman is a little way off
So is Greece really Europe's Lehman Brothers, as some folk were suggesting yesterday? Well, its sovereign debt crisis shows no sign of going away, and as the country lumbers ever closer to default, there is real fear about the knock-on effects of a total collapse. Still, if Greece really does go down, the problems, in itself, would be manageable. It's more like Europe's Bear Stearns. Now Spain, on the other hand, really would be a disaster – we're not at Lehman yet.
Exclusive: World’s most pristine waters are polluted by US Navy human waste
Missing Malaysia Airlines Flight MH370: Any terrorist seizure of the plane ‘would have required one hell of a piece of planning’
Croatia's second city to close 'worst zoo in the world' after reports of 'nightmare' conditions and 'depressed' animals
Missing Malaysia Airlines Flight MH370: Hijackers, pirates or suicide – the theories surrounding the mystery
Missing Malaysia Airlines Flight MH370 Q&A by Simon Calder: How far could it have travelled? Who was responsible and what would their plans be? And how can a plane just vanish?
Katie Hopkins continues campaign to become Britain's most hated talking head with poorly timed Bob Crow tweet
No EU referendum under Labour: Ed Miliband to reveal that vote on membership is ‘unlikely’ in next Parliament if party wins power
Grace Dent: Who cares if she spells it Barraco Barner? Gemma Worrall is more employable than some bookish arts graduate
The rise of Ukip: Study warns Labour that Eurosceptic party's electoral base now 'more working class than any of the main parties'
Europeans have ‘got whiter’ due to natural selection in past 5,000 years, scientists say
Fracking is turning the US into a bigger oil producer than Saudi Arabia
- 1 Is your name now 'banned' in Saudi Arabia?
- 2 Exclusive: World’s most pristine waters are polluted by US Navy human waste
- 3 Gender-specific books demean all our children. So the Independent on Sunday will no longer review anything marketed to exclude either sex
- 4 Missing Malaysia Airlines Flight MH370: Jet ‘hijacking’ began soon after take-off
- 5 'Missing Malaysia Airlines Flight MH370 plane found in Bermuda Triangle!' Viral Facebook links are profiting hackers
iJobs Money & Business
£35000 - £43000 per annum + Bonus and Benefits: Harrington Starr: A global lea...
£50000 - £60000 per annum: Harrington Starr: Linux Systems Administrator - UNI...
£32000 - £36000 per annum + generous benefits: Pro-Recruitment Group: * TAX * ...
£37000 - £40000 per annum + £20000 benefits package: Pro-Recruitment Group: **...