Business Diary: City shows where its interest lies
Friday 10 December 2010
We're not saying that people in the City are heartless, but you can't help raising an eyebrow at the results of a survey published yesterday by the Chartered Institute for Securities and Investment.
It reveals, surprise, surprise, that two-thirds of City folk believe that the coalition Government's comprehensive spending review is good news. Now, even leaving aside the politics of spending cuts, it has to be said that your average City professional is probably going to find himself a little less affected by this round of austerity than most other folk.
Coke gives hostage to Spoonerisms
Our congratulations to Julian Hunt who was appointed this week as the new UK vice-president for communications and public affairs at Coca-Cola. No doubt it's a great job, but with that name – and the initial letter of the drinks giant's brand – we are already looking forward to the day that Jim Naughtie has him on the Today programme for a chat.
Knives out for the City's debutante
City PRs – such a lovely group of people. They've been joined by a new operation, Stockwell Group, backed by funding from IceniCapital and set up by former Friends Provident communications chief Nick Boakes, Philip Gawith, who was chief executive at Maitland until six weeks ago, and Brunswick partner Tim Burt. They say it's the "most significant" launch for a generation that will attract the best young "talent" and challenge the top tier agencies. Those rivals have a rather different view of it. "The reject shop," says one.
Tesco loses secondkeynote player
Poor old Tesco just can't stop losing key staff. First, chief executive Terry Leahy, the man credited with turning the supermarket into a global giant, announced he is off to pastures new next year. And now, just as Tesco plugged the first gap, another defector surfaces. Despite being booted off The X Factor last weekend, Mary Byrne has announced she won't be going back to her previous job at Tesco. Who would have thought it? Will the supermarket be prepared to keep her job open in the unlikely event of a career in music not working out after all?
- 1 California man brutally beat 82-year-old Sikh grandfather he mistook for 'one of those people'
- 3 School kitchen manager 'fired from Colorado school for giving hungry students free lunches'
- 5 Charles Kennedy 'had better judgement drunk than many sober politicians' says Ian Hislop
California man brutally beat 82-year-old Sikh grandfather he mistook for 'one of those people'
Amber Peat: Body found in search for missing 13-year-old who left house after argument with her parents
School kitchen manager 'fired from Colorado school for giving hungry students free lunches'
Alton Towers closed after horror crash on The Smiler raises safety questions for theme park
Alton Towers crash: Four guests seriously injured as Smiler ride carriages collide
Thousands of teenage girls enduring debilitating illnesses after routine school cancer vaccination
Migrants in Kos: Photos show real tragedy after Brits abroad complain of 'awkward' holidays
British tourists complain that impoverished boat migrants are making holidays 'awkward' in Kos
Michael Gove determined to scrap the Human Rights Act – even if Scotland retains it
Threat to scrap Human Rights Act could see UK follow Nazi example, warns UN official
Church of England 'one generation away from extinction' after dramatic loss of followers
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