Business Diary: Rogers demands the record is set straight
Monday 01 March 2010
Someone is going to be in trouble. After Jim Rogers, the former business partner of George Soros, spoke at a trading seminar last week, someone put out a press release suggesting he had described the pound as a "basket case" and compared sterling to the Zimbabwean dollar. A furious Rogers then contacted the British media to insist he had said no such thing.
The black horse employs the best chef
Despite a lamentable performance from its overpaid executives when asked for basic information (such as figures on net lending or bonuses), Lloyds Banking Group at least had one thing going for it at its press briefing on Friday – half-decent food. Compared with the stale sandwiches served by Barclays and RBS, Lloyds produced a feast, including mini burgers and fish and chips. Good enough even for boss Eric Daniels, who hurried off with a large plateful after the new conference.
No sweet ending for Cadbury PR man
Looks like Trevor Datson's timing was a little off. He joined Cadbury as head of media relations last summer, just months before the announcement that Kraft wanted to buy the company. He then spent months doing Kraft down as Cadbury tried to fight off the bid and now that battle is lost, he has had to step down. Better luck next time, Trevor.
Culture spokesman calls for less culture
"We want a smaller BBC because it is doing down its commercial rivals," says the Tory culture spokesman Ed Vaizey, welcoming news the Beeb may shut down the digital radio stations 6 Music and the Asian Network. Just one problem: neither has an obvious commercial rival.
US property market takes a Buffetting
When will America's long property slump finally end? The world's most successful investor, Warren Buffett, says he knows. In his latest letter to investors, the Sage says revival is at hand. "Within a year or so, residential housing problems should largely be behind us," Buffett writes, fortunately rejecting one possible solution – the wholesale destruction of residential homes.
Number of the day £0.00
The bonuses accepted by the chief executives of Barclays, Lloyds and RBS this year. Will HSBC's Michael Geoghegan follow suit today?
Threat of 'catastrophic cascade of collisions' must be averted, warn scientists
Britain's top vet sparks controversy with call for ban on slashing animals' throats in 'ritual' slaughters for halal and kosher meat products
Poor 'live like animals' says Boris's privately educated sister after going on 'poverty safari'
Exclusive: Impact of immigrants on British workers ‘negligible’
Vince Cable: Teachers 'know absolutely nothing' about the world of work
Ukraine crisis: Russia pledges to 'retaliate against sanctions' as Ukrainian president says Crimea vote will not be recognised
The quiet diplomat: Catherine Ashton - recognised and admired in all the world’s troubled countries, yet ridiculed at home
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- 2 Australian man Rod Sommerville reacts to bite from deadly snake by reaching for cold beer
- 3 North Korea elections: Kim Jong-un wins 100% of the vote
- 4 David Cameron resorts to paying for Facebook fans because not enough people like him
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