Business Diary: Repaying the good people of Hartlepool

Good to see Lord Mandelson, right, hasn't forgotten his old constituents since leaving the Commons. The former Hartlepool MP's Department of Business offered the French oil giant Total preferential tax treatment to open up two new gas fields in the North Sea. That has lead to a new contract for the steel company Corus, where 350 jobs will now be saved at its factory in Hartlepool, which will build a pipeline for Total.



Tories pulls a fast one on Google

Try sticking Alistair Darling into Google and you'll get a long list of Budget-related sites, but the top sponsored link is rather curious. It is a web page designed by the Conservative Party explaining where the Chancellor is going wrong. The smart folk responsible for marketing at Tory HQ bought up the link in order to have some fun at Mr Darling's expense.



Flying high with an alternative Chancellor

So who would Britons really like to have seen presenting yesterday's Budget? Well, according to a poll conducted by MSN Money, Sir Richard Branson would be the ideal Chancellor, with the great beard polling slightly more votes than Vince Cable and Sir Alan Sugar, above. For the record, George Osborne and Alistair Darling got 8 and 7 per cent of votes respectively.



When money really does buy happiness

Remember the famous Gore Vidal quote: "Whenever a friend succeeds, a little something in me dies"? He's not the only one. Research from the University of Warwick shows that earning more money doesn't make people happy, but being richer than your friends very definitely does.



Pepsi's natural drink is certainly sweet

Pepsi has made plenty of noise in recent days about committing itself to producing much greater numbers of more healthy products. And it was kind enough to send Diary a bottle of Pepsi Raw, which boasts no artificial ingredients at all. Still, a single bottle does contain almost 29 grams of sugar – 32 per cent of your daily recommended intake. Not quite so healthy after all.

Number of the day: £160k



Value of Financial Services Authority's art collection, released after a freedom of information request.

businessdiary@independent.co.uk

Start your day with The Independent, sign up for daily news emails
ebooks
ebooksA special investigation by Andy McSmith
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

SThree: HR Benefits Manager

£40000 - £50000 per annum + pro rata: SThree: SThree Group have been well esta...

Recruitment Genius: Office Manager / Financial Services

£30000 - £37000 per annum: Recruitment Genius: Established in 1999, a highly r...

Jemma Gent: Year End Accountant

£250-£300 Day Rate: Jemma Gent: Are you a qualified accountant with strong exp...

Jemma Gent: Management Accountant

£230 - £260 Day Rate: Jemma Gent: Do you want to stamp your footprint in histo...

Day In a Page

HIV pill: Scientists hail discovery of 'game-changer' that cuts the risk of infection among gay men by 86%

Scientists hail daily pill that protects against HIV infection

Breakthrough in battle against global scourge – but will the NHS pay for it?
How we must adjust our lifestyles to nature: Welcome to the 'Anthropocene', the human epoch

Time to play God

Welcome to the 'Anthropocene', the human epoch where we may need to redefine nature itself
MacGyver returns, but with a difference: Handyman hero of classic 1980s TV series to be recast as a woman

MacGyver returns, but with a difference

Handyman hero of classic 1980s TV series to be recast as a woman
Tunnel renaissance: Why cities are hiding roads down in the ground

Tunnel renaissance

Why cities are hiding roads underground
'Backstreet Boys - Show 'Em What You're Made Of': An affectionate look at five middle-aged men

Boys to men

The Backstreet Boys might be middle-aged, married and have dodgy knees, but a heartfelt documentary reveals they’re not going gently into pop’s good night
Crufts 2015: Should foreign dogs be allowed to compete?

Crufts 2015

Should foreign dogs be allowed to compete?
10 best projectors

How to make your home cinema more cinematic: 10 best projectors

Want to recreate the big-screen experience in your sitting room? IndyBest sizes up gadgets to form your film-watching
Manchester City 1 Barcelona 2 player ratings: Luis Suarez? Lionel Messi? Joe Hart? Who was the star man?

Manchester City vs Barcelona player ratings

Luis Suarez? Lionel Messi? Joe Hart? Who was the star man at the Etihad?
Arsenal vs Monaco: Monaco - the making of Gunners' manager Arsene Wenger

Monaco: the making of Wenger

Jack Pitt-Brooke speaks to former players and learns the Frenchman’s man-management has always been one of his best skills
Cricket World Cup 2015: Chris Gayle - the West Indies' enigma lives up to his reputation

Chris Gayle: The West Indies' enigma

Some said the game's eternal rebel was washed up. As ever, he proved he writes the scripts by producing a blistering World Cup innings
In Ukraine a dark world of hybrid warfare and murky loyalties prevails

In Ukraine a dark world of hybrid warfare

This war in the shadows has been going on since the fall of Mr Yanukovych
'Birdman' and 'Bullets Over Broadway': Homage or plagiarism?

Homage or plagiarism?

'Birdman' shares much DNA with Woody Allen's 'Bullets Over Broadway'
Broadchurch ends as damp squib not even David Tennant can revive

A damp squib not even David Tennant can revive

Broadchurch, Series 2 finale, review
A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower: inside the mansion of Germany's 'Bishop of Bling'

Inside the mansion of Germany's 'Bishop of Bling'

A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower