Business Diary: Corus doing better, but only in France
Wednesday 16 December 2009
Good news from the steel firm Corus. No, it isn't intending to keep its Teesside steelworks open after all, but it is proud to announce that it will invest €35m in one of its facilities in France, having won a contract from the state-owned railway company, SNCF. We could do something similar in this country, of course, had we not privatised the railways.
Ryanair fails to spot an open goal
What's going on at Ryanair? It has been two days now since the British Airways strike was announced, yet the Irish budget carrier still hasn't dispatched a press release revelling in its rival's misery. Normally it gets something out within minutes. Instead, the vacuum has been filled by BMI, which wants the world to know that it "will do all we can to assist passengers who have been caught up in the dispute".
Why Accenture should have raised Tiger's pay
Top marks to Campaign magazine's Rory Sutherland, who makes this point on his blog about Accenture's decision to dump Tiger Woods. "Surely Tiger's decision to outsource sexual services to a range of competing providers is in line with management consultancy's established best practice?" he writes. "The arrangement where he could have anything from nil to three girls on call at any one time allows for better load-balancing, enabling him to handle the peaks and troughs of demand better than under the previous inflexible arrangement."
Bankers can't depend on beating bonus tax
Eversheds makes a good point about Alistair Darling's new bank bonus tax. Though it applies to awards made in the 2009-10 tax year, the detail of the legislation governing the charge isn't due until after that period has ended, the City law firm points out. It may be tougher to dodge this one than expected then.
No need to put these goodies on expenses
Happy news for freeloading MPs. Cadbury's is taking its campaign against a Kraft buyout to the House of Commons today, and promises free chocolate all round.
Number of the day: £39bn
The rise in value of homes in Britain during 2009, according to Zoopla, following an £811bn slump in 2008.
- 1 BBC election debate: The one photo that summed up the whole 90-minute leaders debate
- 2 18th century sex toy found in 'toilet of sword fighting school' in Poland
- 3 US? China? India? The 10 biggest economies in 2030 will be...
- 4 'I wish my teacher knew...': Young students share their 'heartbreaking' worries in notes
General Election 2015: David Cameron catching up in polls – but he badly needs a clear lead
South Africa xenophobic attacks: Shops looted and violence on streets of Johannesburg as foreigners are forced to hide in police stations
18th century sex toy found in 'toilet of sword fighting school' in Poland
'I wish my teacher knew...': Young students share their 'heartbreaking' worries in notes
Rebecca Francis accuses Ricky Gervais of using 'influence' to target female hunters after receiving barrage of death threats
The only black face in the Ukip manifesto is on the page about overseas aid
If I’m being racially abused I don’t need a stranger with a saviour complex to rescue me
Ukip is the only main political party to not address LGBT rights in its manifesto
Food banks: One million Britons will soon be using them, according to Trussell Trust
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
iJobs Money & Business
£20000 - £25000 per annum + OTE £45,000: SThree: SThree Group have been well e...
£50000 - £667000 per annum + excellent benefits : Ashdown Group: IT Manager / ...
£13000 - £20000 per annum: Recruitment Genius: Scotland's leading life insuran...
£40000 - £45000 per annum + benefits : Ashdown Group: Training Programme Manag...