Business Diary: Osborne fails to lead by example

George Osborne, the Chancellor, ought to do a little more practising what he preaches. He is full of the need for austerity measures, promising billions of pounds of cuts in public spending. He expects colleagues to set an example – ministers have been told to travel using second-class train tickets whenever possible. And he has even started lecturing other countries on cuts, warning about high budget deficits around the world when he arrived at the G20 meeting of finance ministers in Korea yesterday. So how did Osborne get to Korea? By business class flight, obviously.

BP picks and chooses

BP's website includes a useful little section featuring cuttings from the media about different aspects of its activities. Still, anyone expecting to find examples of the fulsome coverage of its disastrous Deepwater Horizon spill is going to be more than a little disappointed. The site carries just one article about the crisis, a lengthy piece from The Washington Post explaining how the oil company deserves great credit for its response. It's what you might call judicious editing.

The Body backs British business

Elle Macpherson's business career has gone from strength to strength since she quit the day job as a supermodel. Now she's teamed up with Barclays Bank – a case of beauty and the beast? – to promote Take One Small Step. It's a competition to find Britain's best new business ideas with a prize for the winner of £50,000. Take a look at the shortlist of 30 at www.takeonesmallstep.co.uk.

The story we all want to read

So what will be the top business book of 2010? Well, Lord Sugar and Donald Trump both have titles coming out, which should tell you everything you need to know about becoming a business tycoon. Our betting, however, is that both men will be outsold by Aleksandr Orlov, the much-loved (by some) Russian meerkat who stars in those comparethemarket.com adverts. Random House is promising us his autobiography this autumn.

businessdiary@independent.co.uk

Start your day with The Independent, sign up for daily news emails
ebooks
ebooksA special investigation by Andy McSmith
  • Get to the point
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

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

iJobs Job Widget
iJobs Money & Business

Ashdown Group: Marketing Manager - B2B, Corporate - City, London

£45000 - £50000 per annum + benefits : Ashdown Group: A highly successful, glo...

Neil Pavier: Commercial Analyst

£50,000 - £55,000: Neil Pavier: Are you a professionally qualified commercial ...

Loren Hughes: Financial Accountant

£45,000 - £55,000: Loren Hughes: Are you looking for a new opportunity that wi...

Sheridan Maine: Finance Analyst

Circa £45,000-£50,000 + benefits: Sheridan Maine: Are you a newly qualified ac...

Day In a Page

General Election 2015: The masterminds behind the scenes

The masterminds behind the election

How do you get your party leader to embrace a message and then stick to it? By employing these people
Machine Gun America: The amusement park where teenagers go to shoot a huge range of automatic weapons

Machine Gun America

The amusement park where teenagers go to shoot a huge range of automatic weapons
The ethics of pet food: Why are we are so selective in how we show animals our love?

The ethics of pet food

Why are we are so selective in how we show animals our love?
11 best bedside tables

11 best bedside tables

It could be the first thing you see in the morning, so make it work for you. We find night stands, tables and cabinets to wake up to
No postcode? No vote

Floating voters

How living on a houseboat meant I didn't officially 'exist'
Louis Theroux's affable Englishman routine begins to wear thin

By Reason of Insanity

Louis Theroux's affable Englishman routine begins to wear thin
Power dressing is back – but no shoulderpads!

Power dressing is back

But banish all thoughts of Eighties shoulderpads
Spanish stone-age cave paintings 'under threat' after being re-opened to the public

Spanish stone-age cave paintings in Altamira 'under threat'

Caves were re-opened to the public
'I was the bookies’ favourite to be first to leave the Cabinet'

Vince Cable interview

'I was the bookies’ favourite to be first to leave the Cabinet'
Election 2015: How many of the Government's coalition agreement promises have been kept?

Promises, promises

But how many coalition agreement pledges have been kept?
The Gaza fisherman who built his own reef - and was shot dead there by an Israeli gunboat

The death of a Gaza fisherman

He built his own reef, and was fatally shot there by an Israeli gunboat
Saudi Arabia's airstrikes in Yemen are fuelling the Gulf's fire

Saudi airstrikes are fuelling the Gulf's fire

Arab intervention in Yemen risks entrenching Sunni-Shia divide and handing a victory to Isis, says Patrick Cockburn
Zayn Malik's departure from One Direction shows the perils of fame in the age of social media

The only direction Zayn could go

We wince at the anguish of One Direction's fans, but Malik's departure shows the perils of fame in the age of social media
Young Magician of the Year 2015: Meet the schoolgirl from Newcastle who has her heart set on being the competition's first female winner

Spells like teen spirit

A 16-year-old from Newcastle has set her heart on being the first female to win Young Magician of the Year. Jonathan Owen meets her
Jonathan Anderson: If fashion is a cycle, this young man knows just how to ride it

If fashion is a cycle, this young man knows just how to ride it

British designer Jonathan Anderson is putting his stamp on venerable house Loewe