Business Diary: Lawrie crosses his fingers
Monday 31 October 2011
It's the final countdown for Misys boss Mike Lawrie's £2m payday. Unless the software group's shares tumble 30 per cent by the end of tomorrow, the controversial windfall is in the bag. Mr Lawrie bought £500,000 of shares five years ago and the company awarded him four times that in matching stock that pays out if the shares, which closed at 293.5p on Friday, are above 208p on vesting day. He may well have been praying for a quiet start to the week on the markets.
Ex-Olympus boss saluted
Michael Woodford, the former boss of Olympus, has taken the plaudits from many quarters after raising "serious governance concerns"over the Japanese camera specialist's takeover deals. His latest fan is Reprieve's founder Clive Stafford Smith, the human rights lawyer who has represented prisoners in Guantanamo Bay. In a letter to the Financial Times, he said Mr Woodford "should inspire others to corporate responsibility".
Cadbury's scary forecast
As today is Hallowe'en, Cadbury's PR firm has kindly told Diary it is growing its share of the UK market for the seasonal event. However, we are not convinced by its claim that it expects Hallowe'en to "strongly rival Christmas sales over the coming years". Has US parent Kraft not heard of the British tradition of watching TV and eating chocolate for a week?
Death for housing sales
Brock Taylor, the Sussex-based estate agents, has provided a rather gloomy view of why people are putting their houses on the market in the downturn. Its director, Peter Maskell, said: "Many will be motivated by the 'Three Ds': death, divorce or debt in the family. Their desire for a quick sale will often force them to set prices low." Diary is sure most folk would prefer a slow sale to the 'Three Ds'.
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
iJobs Money & Business
£18000 - £23000 per annum + Commission: SThree: The SThree group is a world le...
£18000 - £23000 per annum + Comission: SThree: The SThree group is a world lea...
£20000 - £25000 per annum + OTE £Competitive: SThree: SThree Group and have be...
£23000 per annum + pension and 22 days holiday: Ashdown Group: An established ...