Business Diary: Kashkari turns the tables on his critics
Wednesday 21 April 2010
Welcome back Neel Kashkari: after being asked to run the US's $700bn troubled asset relief programme in 2008, Hank Paulson's protégé endured some bruising criticism. Now employed by the bond fund Pimco, he doesn't seem to be in the mood to do the Obama administration any favours, this week publishing a note that warned starkly of five years of slower growth and higher unemployment for America.
A trophy that the top clubs didn't expect
Congratulations to the Premier League, which today picks up its Queen's Award for enterprise and international trade. It is certainly an interesting moment to hand the league such a gong – after years of good times for the business of football, the sport is currently suffering something of a crisis of confidence, with massive debt threatening the future of several leading clubs. The award might have been more appropriately given for football's services to the insolvency profession.
Search engine is powered by private jets
Google has a reputation for looking after staff, so maybe it's no surprise the internet giant has been working to get employees stranded by the ash cloud out of Europe. Henry Blodget, the Wall Street tech analyst turned blogger, reports that Google has told such staff to be ready to go a southern European destination where its private jets will be waiting. Next stop the motherland.
City Police pay a visit to patriotic public house
The popular City watering hole the Cockpit has run into a bit of bother with the local constabulary. Its patriotic landlord has decked out the pub with St George's Day bunting ahead of England's national day on Friday. Cue a visit from the City of London Police to ask whether the pub was playing host to a British National Party meeting they had not been warned about, or even screening a football match they had somehow managed to miss.
- 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
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Germany sees 'visible rise' in support for far-right extremism in response to perceived 'Islamisation' of the West
iJobs Money & Business
£32000 - £35000 per annum + benefits: Ashdown Group: Marketing Services Manage...
£Neg. (DOE) + Excellent Benefits: Guru Careers: A Finance Account Manager with...
£40000 - £470000 per annum + bonus: Ashdown Group: Java Developer / J2EE Devel...
£45000 - £55000 per annum + Benefits: Ashdown Group: An exciting opportunity h...