Business Diary: Groupon praised for its boldness
Friday 18 March 2011
Congratulations to all the winners of the Boldness in Business Awards, which are sponsored by the Financial Times and the steel producer ArcelorMittal. And there is certainly no arguing with the judges' choice as the best newcomer – they picked the American discount voucher company Groupon. It has, after all, been exceptionally bold, spending millions to buy a slot during the Superbowl in the US, in which it aired an advertisement widely criticised for making light of the way Tibetans are facing Chinese repression. Bold indeed.
Cashing in on expensive petrol
Here is your chance to make enough cash to fill up the car next weekend. The bookmaker William Hill has cut its odds that the Chancellor will scrap his plans to add 1p to fuel duty in next week's Budget from 2/5 to 4/11. Hills is still offering 4/1 that George Osborne will announce he is to cut the rate of fuel duty, or you can try your luck at 9/2 that the 1p rise will go ahead as planned. With petrol prices still at record highs, the first option, at the very least, looks nailed on.
Sticking it to the tax whingers
Is the Institute of Economic Affairs after a spot of corporate sponsorship? We only ask because the right-wing think-tank yesterday published a lengthy rebuttal of many of the claims made by UK Uncut, the campaign that has been targeting businesses and businessmen it alleges do not pay their fair share of tax. Vodafone, Boots, Barclays and Philip Green – who have all been targeted by UK Uncut – all got the benefit of a vigorous defence from the IEA's analysts. It's time to put your hands in your pockets, folks, and show some gratitude.
The poshest ticket in town
Want to be a Wall Street mover and shaker? If so, get yourself a ticket for the forthcoming Robin Hood gala, the charity fund-raising night that isorganised annually by hedge fund and investment bank bigwigs. This year's star performer at the bash, following in the footsteps of Paul McCartney, the Rolling Stones and Stevie Wonder, is Lady Gaga. The only downside is the ticket price – about $2,500 (£1,550). But come on, it's all for a good cause (your career).
- 1 Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
- 2 Rarest Beanie Baby of them all could be sold for £62,500 on eBay
- 3 Professional big game hunter Ian Gibson crushed to death by elephant during hunt
- 4 Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
- 5 Rebecca Francis accuses Ricky Gervais of using 'influence' to target female hunters after receiving barrage of death threats
Yemen crisis: Meet the child soldiers who have forsaken books for Kalashnikovs
Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
Rarest Beanie Baby of them all could be sold for £62,500 on eBay
Professional big game hunter Ian Gibson crushed to death by elephant during hunt
Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
If I’m being racially abused I don’t need a stranger with a saviour complex to rescue me
The only black face in the Ukip manifesto is on the page about overseas aid
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
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
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...