Business Diary: Singing the same tune at last
Friday 13 May 2011
Anyone who thinks trade union leaders are too busy reading Marx to have a sense of humour should have been at the Unite meeting of British Airways cabin crew held following yesterday's agreement with the airline. Unite leader Len McCluskey told members he was exhausted following the lengthy dispute but still on his feet. Then he played Elton John's I'm Still Standing to emphasise the point. What did BA executives listen to on their return to the office, we wonder? You Can't Hurry Love? Come Fly With Me?
Goldman thought the squid was bad
Round Two. Two years ago, Rolling Stone magazine's Matt Taibbi scored a direct hit with his description of Goldman Sachs as a "giant vampire squid". Now Taibbi is back with a new piece on the investment bank – and if anything, it's even less flattering. Take this, on Taibbi's accusations of rule-breaking: "Goldman isn't a pudgy housewife who broke her diet with a few Nilla Wafers between meals – it's an advanced-stage, 1,100-pound medical emergency who hasn't left his apartment in six years and is found by paramedics buried up to his eyes in cupcake wrappers and pizza boxes." Someone is going to be cross.
Lady Gaga sends message to banks
Anyone who is anyone in New York finance was at the Robin Hood Foundation's annual gala this week. The bash raises money for charity by charging bankers through the nose for an evening of entertainment. What did they get for their money – tables cost as much as $250,000 – this year? Well, 4,000 staff from Wall Street's finest were treated to a live set from Lady GaGa – though she did flip them the finger after complaining she'd broken a nail.
A taxing battle of the sexes
There are two ways to look at new research from Met Life that shows men working until state retirement age will pay almost twice as much income tax as women – £420,500 to £220,000, for the record. Unreconstructed dinosaurs can use the figures to cement their prejudices; more modern thinkers will note the insurance company reckons most of the difference is down to the fact that women, on average, earn 41 per cent less than men.
- 1 Rarest Beanie Baby bought for just £10 at car boot sale could be sold for £62,500 on eBay
- 2 Katie Hopkins and The Sun editor David Dinsmore reported to police for incitement to racial hatred following migrant boat column
- 3 Giorgio Armani criticises the way some gay men dress saying 'a man has to be a man'
- 4 Rebecca Francis accuses Ricky Gervais of using 'influence' to target female hunters after receiving barrage of death threats
- 5 Australian student Tommy Connolly, 23, adopts his pregnant, homeless 17-year-old cousin to give her a chance at 'a better life'
Rarest Beanie Baby bought for just £10 at car boot sale could be sold for £62,500 on eBay
Katie Hopkins and The Sun editor David Dinsmore reported to police for incitement to racial hatred following migrant boat column
'Jihadi John': Isis executioner Mohammed Emwazi wanted to wage jihad in Somalia until his friends were betrayed and killed by al-Shabaab
Parma, Missouri: 80 per cent of town's police quit after first black mayor is elected
Australian student Tommy Connolly, 23, adopts his pregnant, homeless 17-year-old cousin to give her a chance at 'a better life'
If I’m being racially abused I don’t need a stranger with a saviour complex to rescue me
The only black face in the Ukip manifesto is on the page about overseas aid
Ukip is the only main political party to not address LGBT rights in its manifesto
Food banks: One million Britons will soon be using them, according to Trussell Trust
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
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