Business Diary: Murdoch silenced by autocue malfunction

It's not often that Rupert Murdoch is lost for words, but that's what happened during his keynote speech at an Abu Dhabi media summit yesterday when the autocue broke down. In the end, an aide had to dig out a hard copy of the speech, enabling the great man to carry on.

Tesco sticks it to American rival

Tim Mason, boss of Tesco's US operation, Fresh & Easy, continues to land punches on his rivals. In a thinly veiled attack on Whole Foods Market, the US organic food giant, Fresh & Easy's website now carries the strap, "Wholesome food, not whole pay cheque". Whole Foods has been dubbed "Whole Paycheck" in the US, because of the perception that its prices are, well, a bit on the pricey side. Mason clearly still believes in the "Every little helps" slogan he once helped to create for Tesco in the UK.

Once bitten, twice shy – we hope

We know fraudsters are wicked, but this scam is really heartless. Someone has set up a fake version of the website of the Securities Investor Protection Corporation, the compensation fund in the US for victims of bankrupt brokers. The dodgy site asks those conned by Bernie Madoff to submit claims, with the idea of ripping them off all over again.

MPs aren't the only one fiddling their expenses

About one in 30 employees of small and medium-sized companies admit to having made false expenses claims, according to a survey by Fuel Genie. Guess which type of industry is most likely to see false claims? Step forward financial services, where the figure is one in five.

The PM's £600m pension saving

People who accuse Gordon Brown of failing to tackle the deficit are quite wrong. By leaving it late to go to the polls, he has saved taxpayers £600m, says the pension consultant Towers Watson. That's because the law now stipulates that the basic state pension has to start rising in line with earnings before the end of the next Parliament. By taking us into the next tax year, this pricey change will now take place a year later.

Number of the day: £440m

The total value of fraud committed on debit and credit cards in the UK last year, down 29 per cent on 2008.

Start your day with The Independent, sign up for daily news emails
ebooksAn unforgettable anthology of contemporary reportage
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Recruitment Genius: Digital Optimisation Executive - Marketing

£30000 - £35000 per annum: Recruitment Genius: The UK's fastest growing, multi...

Recruitment Genius: Financial Reporting Manager

£70000 - £90000 per annum: Recruitment Genius: A Financial Reporting Manager i...

Recruitment Genius: Payments Operations Assistant

£23000 - £25000 per annum: Recruitment Genius: They win lots of awards for the...

Recruitment Genius: Telephone Debt Negotiator

£13500 - £20000 per annum: Recruitment Genius: This nationwide enforcement com...

Day In a Page

Sepp Blatter resignation: The beginning of Fifa's long road to reform?

Does Blatter's departure mean Fifa will automatically clean up its act?

Don't bet on it, says Tom Peck
Charles Kennedy: The baby of the House who grew into a Lib Dem giant

The baby of the House who grew into a Lib Dem giant

Charles Kennedy was consistently a man of the centre-left, dedicated to social justice, but was also a champion of liberty and an opponent of the nanny-state, says Baroness Williams
Syria civil war: The harrowing testament of a five-year-old victim of this endless conflict

The harrowing testament of a five-year-old victim of Syria's endless civil war

Sahar Qanbar lost her mother and brother as civilians and government soldiers fought side by side after being surrounded by brutal Islamist fighters. Robert Fisk visited her
The future of songwriting: How streaming is changing everything we know about making music

The future of songwriting

How streaming is changing everything we know about making music
William Shemin and Henry Johnson: Jewish and black soldiers receive World War I Medal of Honor amid claims of discrimination

Recognition at last

Jewish and black soldiers who fought in WWI finally receive medals after claims of discrimination
Beating obesity: The new pacemaker which helps over-eaters

Beating obesity

The new pacemaker which helps over-eaters
9 best women's festival waterproofs

Ready for rain: 9 best women's festival waterproofs

These are the macs to keep your denim dry and your hair frizz-free(ish)
On your feet! Spending at least two hours a day standing reduces the risk of heart attacks, cancer and diabetes, according to new research

On your feet!

Spending half the day standing 'reduces risk of heart attacks and cancer'
Liverpool close in on Milner signing

Liverpool close in on Milner signing

Reds baulk at Christian Benteke £32.5m release clause
With scores of surgeries closing, what hope is there for the David Cameron's promise of 5,000 more GPs and a 24/7 NHS?

The big NHS question

Why are there so few new GPs when so many want to study medicine?
Big knickers are back: Thongs ain't what they used to be

Thongs ain't what they used to be

Big knickers are back
Thurston Moore interview

Thurston Moore interview

On living in London, Sonic Youth and musical memoirs
In full bloom

In full bloom

Floral print womenswear
From leading man to Elephant Man, Bradley Cooper is terrific

From leading man to Elephant Man

Bradley Cooper is terrific
In this the person to restore our trust in the banks?

In this the person to restore our trust in the banks?

Dame Colette Bowe - interview