Business Diary: The grace and gratitude of King
Thursday 15 July 2010
Our award for most gracious acceptance of criticism of the day goes to Justin King, the chief executive of Sainsbury's, who one might have expected to be rather put out when a shareholder offered some damning views on the supermarket's clothing range at yesterday's annual general meeting. King simply smiled sweetly and replied: "Criticism is a gift."
Icap's meet is short and sweet
On the topic of AGMs, Sainsbury's, Marks & Spencer and all those other companies that have run into trouble with quarrelsome shareholders at their yearly get-togethers could learn a thing or two from Icap. The inter-dealer moneybroker held its own AGM yesterday and it wasn't exactly a stormy affair. Icap hosted the do in a small meeting room at its own offices in the City, it was attended by a few dozen people, and business was wrapped up within a quarter of an hour or so.
Slick manouevre by AP on BP
BP knows that its spill in the Gulf of Mexico is an enormous story. Still, is it really bigger news than the Middle East peace process? We ask only because Associated Press, the newswire service, has just announced the appointment of Steven Gutkin as "Oil Spill Editor". He's charged with overseeing AP's coverage of the disaster. Gutkin's previous posting was Jerusalem Bureau Chief.
The cost of cutting you up
Have you been cut up recently by white van man? Well before you get cross, maybe you should ask yourself why these notoriously poor drivers always seem to be rushing around with so little for care for other road users? The answer may just be that they're struggling to pay their tax bills. The accountancy firm UHY Hacker Young reckons
company van drivers are now paying four times as much tax as they were three years ago because of changes to the way they're taxed on their vehicles. White van man and friends paid £40m tax last year, apparently, up from £10m in 2006.
Children's bookseller wins The Independent's new author search
Board creates magnetic field to achieve lift
- 1 Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
- 2 Banksy arrest hoax: Internet duped by fake online report claiming artist's identity has been revealed
- 3 Former East 17 frontman Brian Harvey turns up at Downing Street and 'demands to speak to Prime Minister'
- 4 Kentucky gang rape: 15-year-old boy left in critical condition after sexual attack by group at party
- 5 Paralysed man Darek Fidyka walks again after treatment by British doctors on brink of 'cure'
Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
Oscar de la Renta dead: Legendary US fashion designer dies after long cancer battle aged 82
Oscar Pistorius: The brutal prison life that awaits disgraced athlete
Banksy arrest hoax: Internet duped by fake online report claiming artist's identity has been revealed
Super-sized ships arrive in Britain: How big can they get?
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Residents should throw a street party and mix with immigrant neighbours, councils told
Russell Brand threatened with arrest after filming outside Fox News headquarters
London bus driver 'kicks gay couple off for kissing'
Lord Freud: Tory welfare minister apologises after saying disabled people are 'not worth’ the minimum wage
Lord Freud hangs on as MPs of all parties 'call for his head' over disability comments
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