Business Diary: From buses to gin palaces
Friday 04 June 2010
Brian Souter may be best known as one of the founders of the bus company Stagecoach, but he has no shortage of other interests – the odd bit of political dabbling, for example, not to mention the ownership of a New Zealand ferry operator. Now, however, he is moving into a slightly more upmarket form of travel. Souter Investments, his private investment vehicle, has just pumped £9.5m into Sunseeker, the luxury yacht manufacturer. Some people love buses, of course, but there's no denying this venture has a little more glamour to it.
Another bank target missed
So which investment bank's website very proudly proclaims in large letters: "Our aim is to be the world's most trusted and respected financial services institution"? Step forward JPMorgan – the quotation is attributed to the bank's chairman and chief executive officer Jamie Dimon. A worthy ambition indeed, but after yesterday's record £33m fine imposed on the bank by the Financial Services Authority, it is going to take just a little longer to achieve.
Forest through beer goggles?
Poor old Nottingham Forest missed out on a trip to Wembley and promotion to the Premier League after losing to Blackpool in the Championship play-off semi-final last month. Still, at least Forest have signed up extra support for next season, in the form of valuable sponsorship from Greene King IPA, now the official beer of the football club. Curiously, however, the pictures that Greene King dispatched alongside the announcement of the deal were of advertising boards at a football ground full of claret and blue seats. Every seat at Forest's City Ground is in the team colours of red.
Britain clocks up new milestone
It's another historic moment for Britain to celebrate. At 2.17pm yesterday, reports the Taxpayers' Alliance, the national debt passed £800bn for the first time. Courtesy of the pressure group, you can monitor our progress towards the magic £1trn mark at www.debt-clock.org.
Actress sees off speculation about her appearance in an amazing way
Review: Despite an uphill climb to see Jake Bugg in action, his performance is notably flat
Powerful images of strays taken moments before being put down
- 1 Renee Zellweger on plastic surgery claims: 'I'm living a more fulfilling life and I'm thrilled that perhaps it shows'
- 2 Salisbury ranked seventh-best city in the world to visit in Lonely Planet’s Best in Travel 2015
- 3 Disney announces new female-led film Moana
- 4 Banksy not arrested: Internet duped by fake report claiming artist's identity revealed
- 5 Russell Brand threatened with arrest after filming outside Fox News headquarters
Australian jihadist Abdullah Elmir vows Isis will fight 'until black flag is on the top of Buckingham Palace'
Renee Zellweger on plastic surgery claims: 'I'm living a more fulfilling life and I'm thrilled that perhaps it shows'
Chicago voter tells Obama 'don't touch my girlfriend' – Obama stays super smooth
Oscar Pistorius: The brutal prison life that awaits disgraced athlete
Banksy not arrested: Internet duped by fake report claiming artist's identity revealed
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Residents should throw a street party and mix with immigrant neighbours, councils told
Russell Brand threatened with arrest after filming outside Fox News headquarters
Of course, teenage girls need role models – but not like beauty vlogger Zoella
London bus driver 'kicks gay couple off for kissing'
Jose Manuel Barroso warns David Cameron against making 'historic mistake' over immigration reforms
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