Business Diary: Pancakes are too expensive to drop
Tuesday 08 March 2011
If you can't afford to toss quite so many pancakes today, you know whom to blame – like everything else, it is the fault of the bankers, of course. The cost of many staple foods has risen very sharply in recent months – the UN Food and Agriculture Organisation says food prices are now at a record high – and one reason for this is market speculators have caused a bubble to develop, claims the World Development Movement, the anti-poverty campaigner. Try not to drop them.
Lord Green waves his magic wand
In these difficult times for trade ambassadors, it's good to see a bit of gratitude from exporters benefiting from the services of those who thanklessly have to hawk the UK's wares around the world. The Wand Company, which got thousands from the Dragons' Den panel last year for its button-less remote control, says it has Trade minister Lord Green to thank for its launch into Spain. He's helped it to get a distribution deal for the "Kymera" wand – you flick your wrist and it changes channels for you – in the country.
The lonely world of online trade
Our heart goes out to them. Four in 10 British businesses have websites that attract no visitors at all – not a single one – according to a survey published today by ClixSense. That is truly tragic: these poor, lonely souls go to all the trouble of trying to exploit the modern world and then nobody bothers to visit.
Money is the new rock'n'roll
So what's your next career move after quitting as the bassist of one of the world's biggest rock groups? Well, for Duff McKagan, once of Guns N' Roses, the obvious step (to him anyway) was to launch a wealth-management business – and now Meridian Rock is going global. McKagan admits he knew nothing about money until 1994, when he started looking at his former band's financial records during some time off sick. Having realised he couldn't make any sense of them, he took some finance classes, became ever more interested, and eventually ended up advising other musicians on what to do with their cash. Now he's turning professional, going into business with former banker Andy Bottomley.
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- 2 Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
- 3 'F*ck it, I quit': KTVA reporter Charlo Greene quits live on air in spectacular fashion
- 4 Free U2 album: How the most generous giveaway in music history turned PR disaster
- 5 Scotland could still declare independence – even without referendum, says Alex Salmond
Rihanna 'nude pictures' claims emerge on 4Chan as hacking scandal continues
Tesco in crisis: UK managing director among four executives suspended after exposure of accounting scandal
Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
'F*ck it, I quit': KTVA reporter Charlo Greene quits live on air in spectacular fashion
Alicia Keys leaks own nude photo 'to create a kinder and more peaceful world'
Scotland could still declare independence – even without referendum, says Alex Salmond
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Hilary Mantel 'should be investigated by police' over Margaret Thatcher assassination story, says Lord Bell
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Plebgate MP Andrew Mitchell called officer a 'little s**t', claim court documents 'exposing ex-Chief Whip's 'record of abusing police'
Archbishop of Canterbury admits doubts about existence of God
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