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 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
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Shock poll shows voters believe Ukip is to the left of the Tories
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
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