Business Diary: Paying the price for Cadbury's defeat
Friday 05 March 2010
Cadbury has announced 150 job losses, mostly at its head office in west London, following the Kraft takeover. A number must come from the communications team, several of whom have already quit. They didn't have much choice but to stand down after bad-mouthing Kraft for months as they tried to fight off the unwanted bid.
The never-ending discounted sofa
"Some day this war will end," Robert Duvall said to Martin Sheen in Apocalypse Now. The assistants running the sale at DFS know how he felt. The in-play furniture retailer has been promising since at least the second half of January that its post-Christmas sale is coming to an end. In March, its website still says: "DFS sale is ending. Final days to save".
The prize ticket that caused indigestion
Pity the poor man who, in a fit of rage at the bureaucracy involved in claiming his prize, ate a €10,000 prize-winning scratchcard on a Ryanair flight before getting off the plane. Some 40 people have now come forward claiming to be the gentleman in question, but Ryanair and its scratchcard partner are refusing to pay up to anyone as it is impossible to verify the claim.
Parker knows where to send his CV
Alan Parker, the Whitbread chief executive due to retire in November, says he intends to spend his time "watching Arsenal and building a non-executive career". Not that he's backing the Gunners to land the Premier League this season. "I am not sure we are going to win it," he says. "But we can't keep coming in third." Perhaps the first directorship Parker should seek is a seat on the board at Arsenal.
ITV bosses are in exalted company
Archie Norman and Adam Crozier, the new brooms at ITV, have impressed at least one analyst. Claudio Aspesi of Bernstein Research says their arrival marks "the era of the Galacticos" a reference to the Real Madrid team that included Zinedine Zidane, Luis Figo and David Beckham. Still, as Aspesi points out, the Madrid experience shows that "star-studded teams do not necessarily win".
Number of the day: 12
Months for which the Bank of England base rate has now remained at a record low of 0.5 per cent.
filmFilm producers sue Warner Bros for $75m over Hobbit films
sportNapoli 2 Arsenal 0: Gunners must now face either Real Madrid, PSG, Bayern Munich, Atletico Madrid or Barcelona in knock-out stages
Swedish stars ask fans for £195 pledges on crowd-funding website
voicesJust when you thought you could find a man, get married, and have a baby by the age of 35... it turns out you’re too late, says Grace Dent
musicAs Mariah Carey and Noddy Holder rake in the royalties from their classics, why there hasn't been a decent festive hit for 20 years?
theatreAuthor Daniel Rosenthal recalls the mishaps that almost brought the curtain down on the likes of John Gielgud and Diana Rigg
lifeAs the Royal Mail plans to phase out deliveries on two wheels, it's no wonder posties are in a spin
musicThe 21-year-old beat Ella Eyre and Chlöe Howl to win the honour
lifeFull of the joys and want to help your fellow man? December isn't the time to do it
techLuke Blackall reports on precision engineered prams and babygros that monitor your child 24-7
Nelson Mandela memorial: ‘Bogus’ interpreter made mockery of Barack Obama’s tribute in Soweto
David Cameron explains selfie with Obama and Helle Thorning-Schmidt at Mandela Memorial
French café starts charging extra to rude customers
Krokodil in Mexico? Teenager hospitalised after 'injecting drug into her genitals'
Australia incest case: Filthy and severely deformed children found in remote farming community after generations of inbreeding
- 1 Nelson Mandela memorial: ‘Bogus’ interpreter made mockery of Barack Obama’s tribute in Soweto
- 2 John McAfee's $100 'anti-NSA' device: 'this is coming and cannot be stopped'
- 3 French café starts charging extra to rude customers
- 4 Is Facebook making us forget? Study shows that taking pictures ruin memories
- 5 Australia incest case: Filthy and severely deformed children found in remote farming community after generations of inbreeding
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