Business Diary: The Beeb's sly dig at Osborne
Thursday 21 October 2010
Revenge for the miserly licence fee settlement awarded to it by the Government? BBC News 24's live coverage of George Osborne's spending review statement in the Commons yesterday was interrupted by an inadvertent switch ofpictures back to the studio. The feed from Parliament was restored in time for Mr Osborne to formally announce the details of the BBC settlement, but it was hardly a respectful response.
Never mind sober, it's dire
In Mervyn King's final speech before the CSR on Tuesday evening, the Governor of the Bank of England tried to coin a new phrase. Having said a few years back that we were going through a "nice" decade – a period of non-inflationary consistent expansion – Mr King reckons "sober" is more fitting these days: savings, orderly budgets and equitable rebalancing. In fact, suggests Howard Archer of Global Insight, "dire" might be more fitting – disappointing inflation,rotten expansion.
Channel 4 show enrages Cayman
Oh dear, someone is upset. An angry email from a man called Jack Irvine arrives complaining about a recent Dispatches show on Channel 4 about the Cayman Islands. "Channel 4's Dispatches documentary, How The Rich Beat The Taxman, plumbed new depths in cliché-ridden journalism and the recycling of hoary old myths," it begins. Those who make it all the way to the end of the rant will read the following: "Note to editors: Jack Irvine is media and political adviser toCayman Finance, the representative body of the financial services industry in theCayman Islands."
Buffett bashes Berkshire
Warren Buffett was on CNBC revealing his worst-ever trade: buying into a textiles firm known as, wait for it, Berkshire Hathaway. Buffett said he ended up buying the company after a fallout with its management (who he then fired) but then had to spend 20 years getting it out of the textiles business while all the time buying other more profitable concerns he never needed Berkshire for.
- 1 2015 General Election: Green party will not appear in TV debate alongside Ukip – says BBC
- 2 Canadian actor punched in face after 'Islamophobia' experiment goes wrong in wake of Ottawa shooting
- 3 Topshop at centre of row over body image as 'shocking' skinny mannequin photo goes viral
- 4 Kentucky gang rape: 15-year-old boy left in critical condition after sexual attack by group at party
- 5 Of course, teenage girls need role models – but not like beauty vlogger Zoella
'Nasa Confirms Six Days of Darkness in December': No, they don't - it's a hoax
Canadian actor punched in face after 'Islamophobia' experiment goes wrong in wake of Ottawa shooting
Topshop at centre of row over body image as 'shocking' skinny mannequin photo goes viral
Elizabeth Norment dead: House of Cards actress honoured by Kevin Spacey after she dies aged 61
Kentucky gang rape: 15-year-old boy left in critical condition after sexual attack by group at party
Pope Francis declares evolution and Big Bang theory are real and God is not 'a magician with a magic wand'
Huge surge in Ukip support after EU funding row, according to new poll
Ukip ‘exploiting grooming scandal’ to secure party’s first police chief
Nigel Farage: 'There’s nothing wrong with white people blacking up'
Muslims, immigration and teenage pregnancy: British people are ignorant about almost everything
Nigel Farage and Frankie Boyle clash over Andrew Lawrence's 'Mock the Week' criticism
iJobs Money & Business
£20000 - £23250 Per Annum pro rata: Clearwater People Solutions Ltd: Pro rata ...
£40 - 48k + Benefits: Guru Careers: We are seeking a Marketing Manager to join...
£45,000 - £65,000: Saxton Leigh: Our client is a well-known APAC Corporate and...
£60000 per annum: Ashdown Group: Compensation and Benefits Manager - Compensat...