Business Diary: Pacino moves into hedge fund world
Friday 05 November 2010
Let's say this for the credit crisis: it has at least given Hollywood executives some new inspiration for movies. There have already been a string of films prompted by the crisis – not least the long-awaited follow-up to Wall Street – and now Al Pacino wants in on the act. Variety reports he's been lined up to play a dodgy hedge fund manager in Arbitrage, which will begin shooting next year. We're looking forward to it already.
The oldest rappers in town
Speaking of movies, you must scour YouTube for the clip of two rapping economists taking each other on at the Buttonwood Conference in New York last month. The two gents, billed as Friedrich Hayek and John Maynard Keynes, do battle for four minutes on their respective theories about how to combat recession. In particular, look out for the cut-away shot to Mervyn King, the Governor of the Bank of England, in the audience, and his facial expression – if you had to draw bemusement this would be it.
Something to suit you at Asda
Forgotten your dinner jacket for the big function this evening? There's no need to start thumbing through Yellow Pages in a panic-stricken search for the local hire shop. You'll be better off heading to Asda, which is offering the Washington Tuxedo suit for an astonishing price of £12.50. It might not pass muster with James Bond, but for that sort of money you can always throw it away in the morning. Just remember to snip out the label, in case fellow party-goers check out where it came from.
The retailers do protest too much
Some retailers feared that the opening of the giant Westfield centre in west London last year might damage trade in the West End of the capital, traditionally a mecca for shoppers. In fact, new research suggests that, while the West End has seen a small decline in sales this year, it's been less serious than in the rest of the country, suggesting economic factors are to blame rather than competition for shoppers from Westfield. The survey is only marginally undermined by the fact that it was produced by the New West End Company, which represents the retailers in question. Not exactly dispassionate then.
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- 4 Woman opens professional cuddling shop – gets 10,000 customers in first week
- 5 Grayson Perry: London needs affordable housing because 'rich people don't create culture'
Anti-gay hate preacher accidentally tweets 4,000 followers cartoon clip of him 'confessing' to be a 'homosexual sodomite'
Woman opens professional cuddling shop – gets 10,000 customers in first week
Grayson Perry: London needs affordable housing because 'rich people don't create culture'
Kenya bus attack: Al-Shabaab militants slaughter 28 non-Muslims who failed to recite Koran
That Sugar Film director Damon Gameua receives shocking diagnosis after going on healthy sugar diet for just 60 days
Rochester by-election: Ukip gains second MP as Tory defector Mark Reckless holds seat
'Beast of Bolsover' Dennis Skinner takes Ukip MP Mark Reckless to task moments after he is sworn in
Rochester by-election: Labour MP Emily Thornberry resigns after posting white van and England flags tweet
France 'blocks' Russian sailors from boarding a warship
Revealed: How the world gets rich – from privatising British public services
Rochester aftermath: Sacking of Emily Thornberry will make work of Labour MPs '10 times harder'
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