Business Diary: Johnson moves into film business
Wednesday 01 June 2011
Luke Johnson, the private equity mogul and Channel Fourchairman, has added yet another string to his bow: he gets an"executive producer" credit on The Flaw, a documentary about the financial crisis that makes its debut in British cinemas next week. We're ordering in the popcorn already.
Brazilian inflation exposed
Every so often the Office of National Statistics updates the basket of goods and services that it tracks when compiling inflation figures, in order to ensure the data properly reflects what we spend our money on. So when might the ONS follow the example of Brazil, where its opposite number has recently started including the price of a bikini wax in its calculations (up 12.4 per cent over the past year, since you ask)? It might be a while – the Brazilian statisticians point out that with the country's weather, many women in the country regard the service as a necessity. It's rather difficult to make the same argument here.
British business backs Twitter
A small victory for Twitter as it tries to work out how to make a bob or two out of its enormous user base. It is apparently almost twice as popular with largecompanies as social networking rival Facebook. Three D, the social media consultancy, says 63members of the FTSE 100 Index are now active Tweeters, while only 33 have their own page on Facebook. Burberry is the most keenly watched social networker, says Three D, with 4 millionfollowers. Poor old Cairn Energy comes in last.
It's a bubble, says Silicon Valley man
The debate rages on over bubble 2.0 – whether the enormousvaluations accorded to the likes of LinkedIn are justified or a speculative frenzy that is out of control. Still, one man who might be expected to defend the high prices of online stocks, Michael Moritz of Sequoia – the Silicon Valley investor that made its name with backing for Google and Yahoo – isn't sitting on the fence. "I think that the cuckoos have flown out of their clocks," he says. "But eventually gravity will take hold and the cuckoos will fall to earth." You have been warned.
- 1 Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
- 2 Christians: The world's most persecuted people
- 3 The secret report that helps Israelis to hide facts
- 4 Danish TV reporter is all business up top, all party down below
- 5 Denmark bans kosher and halal slaughter as minister says ‘animal rights come before religion’
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
Israel-Gaza conflict: The children were playing in the street with toy guns. The missiles were tragically real
Danish TV reporter is all business up top, all party down below
Syria conflict: Syrian and Turkish Kurds unite to battle Isis threat - ‘We shoot them like sheep, but next day double the number return’
Ross Burden dead: MasterChef and Ready Steady Cook star, dies aged 45
The secret report that helps Israelis to hide facts
A day in the life of Vladimir Putin: The dictator in his labyrinth
Were 'Poor Doors' added to mixed developments so wealthy residents don't have to go in alongside social housing tenants?
A new Russian revolution: The cracks are starting to appear in Putin’s Kremlin power bloc
Arizona execution lasts two hours as killer Joseph Wood left 'snorting and gasping' for air
Opponents of Israel's military operation in Gaza are the real enemies of Middle Eastern peace
iJobs Money & Business
Data Governance Manager (Solvency II) – Contract – Up to £450 daily rate, 6 month (may go Permanent)
£350 - £450 Per Day: Clearwater People Solutions Ltd: We are currently looking...
£500 - £560 per day: Orgtel: Java Developer FX - Banking - London - Up to £560...
£350 - £400 per day + competitive: Orgtel: My client, a leading bank, is curre...
£26000 - £30000 per annum + Benefits: Ashdown Group: Account Manager - (Produc...