Business Diary: Out of power, in at M&S?
Friday 16 July 2010
How do Marks & Spencer's shareholders, already hopping mad about the whacking pay package awarded to new chief executive Marc Bolland, feel about their chairman's job being hawked round the City as some sort of consolation prize for ex-government ministers? The top two contenders for the role, once Sir Stuart Rose finally steps down, are Lord Myners and Lord Davies according to City bookmaker BGC. Both lost their jobs in government when Labour got the boot in May.
Hunt plans road trip on the cheap
Jeremy Hunt is so committed to ensuring even the most rural communities get broadband access that he's promising a public field trip to Penrith later this year. At an industry get-together yesterday, the culture minister asked for a show of hands from people prepared to join him and he wasn't too downbeat when only five arms shot up. "Great, we can hire a van," he said. Hunt's on-message commitment to austerity is commendable.
Europe's sexist finance sector
Not so much glass ceiling, but glass door when it comes to Europe's financial services industry, it seems. According to the industry paper Financial News, the list of the 100 most influential people in European finance includes just four women, led by Sharon Bowles, the British MEP who chairs the European Parliament's Economic and Monetary Affairs Committee. The old boys' club isn't simply a British phenomenon, it seems.
Goldman in trouble again
More woe for Goldman Sachs, which has run into bother with June Breton Fisher, great-granddaughter of Marcus Goldman, the bank's founder. Researching a new book she is writing on the firm, she was put out to discover that the executive floor, supposedly adorned with paintings of every senior partner ever, did not have a picture of her grandfather. Unforgivable since Henry Goldman, the son of Marcus, was so prominent in building the bank into a powerhouse. One imagines her book may not be entirely flattering.
Diving in at the deep end is no excuse for shirking the style stakes
- 2 Loom bands: Bids for dress made from colourful rubber pass £170,000 on eBay
- 3 Why I'm on the brink of burning my Israeli passport
- 4 L'Oreal cuts ties with Belgium supporter Axelle Despiegelaere after hunting trip photographs
- 5 The true Gaza back-story that the Israelis aren’t telling this week
Game of Thrones author George RR Martin says 'f*** you' to fans who fear he will die before finishing Westeros saga
Loom bands: Bids for dress made from colourful rubber pass £170,000 on eBay
Supermoon 2014: When and why will the moon look bigger and brighter this summer?
Tommy Ramone dies: Last surviving founder and drummer seminal punk band The Ramones dies aged 62
Gaza-Israel conflict: The terrible price Palestinian children are paying for Israel’s war with Hamas
Sustained immigration has not harmed Britons' employment, say government advisers
War is war: Why I stand with Israel
7/7 memorial defaced on anniversary of 2005 attacks with ‘Blair lied thousands died’ graffiti
Australia facing international condemnation after turning around Sri Lankans at sea
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
Socialist Worker called to apologise over ‘vile’ article saying Eton schoolboy Horatio Chapple's death is ‘reason to save the polar bears’
iJobs Money & Business
£70000 per annum: Harrington Starr: Information Security Manager (ISO 27001, A...
£75000 - £85000 per annum + ex bens: Deerfoot IT Resources Limited: Biztalk Te...
£60000 per annum: Harrington Starr: Trade Desk Specialist (FIX, Linux, Windows...
£35000 per annum: Harrington Starr: Service Desk Analyst (Windows, Active Dire...