Business Diary: More trouble ahead for Piers
Saturday 30 July 2011
After tweeting triumphantly about making the front page of The Independent as part of a phone-hacking story on Thursday, former Mirror editor Piers Morgan was strangely silent yesterday about a front page headline on the Daily Telegraph.
The item read: "Celia Walden: why divorce is inevitable". Was the hackette – aka Mrs Piers Morgan – sending out a not-terribly-well-veiled warning to her husband?
When is advice not advice?
There's potential embarassment ahead for a government-run advice service which could be banned from using its own name in adverts. The Money Advice Service was launched earlier this year with a multi-million-pound ad campanign. But the service may have breached the advertising code by using the word "advice" in television and print adverts, according to the Advertising Standards Authority. It has received 77 complaints claiming the ads are misleading because the service offers only guidance, not advice. The ASA has launched a formal investigation into the complaints.
Beer boss Rooney earns 150% bonus
Trebles all round and a bumper bonus for Greene King boss Rooney Anand. The brewer this week bought rival pub company Capital Pub Co for £93m and chief executive Rooney has been awarded a bonus of £758,000 on top of his £505,000 salary, according to the group's 2011 annual report. That's the maximum bonus he was eligible for and could buy him 645,000 pints at the Greene King Brewery Tap in Bury St Edmunds. The draught beer there costs just £2 a pint, but is not open to the general public, only those that take the brewery tour. That's the Diary's weekend sorted then! Cheers!
Most cars ever under the sea
They've been breaking records over at Eurotunnel with some 216 Le Shuttles carrying almost 25,000 vehicles through the Channel Tunnel last weekend. That's the highest number ever recorded. The company's commercial director, Jo Willacy, is customarily "delighted" but with school holidays well under way, the record is waiting to be broken. But one thing for drivers to beware of if the record does fall – Le Gridlock!
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