Business Diary: The train doesn't take the strain

Today's award for a nakedlyself-interested survey goes to CrossCountry trains, which reckons "cuts in the use of first-class train travel are costing UK businesses £15,624 in lost productivity per employee every year". The train company arrived at this remarkably precise figure by surveying 1,000 business folk – more than half of them said they had been stopped from using first-class train travel during the downturn and 70 per cent of those banned from the posh seats said they felt unable to work instandard carriages. Our hearts go out to them.



A bed too big for a lawyer to lie in

Another victim of Bernie Madoff's king-sized returns has emerged. Many of the great fraudster's belongings were auctioned off at the weekend to raise money for those he cheated. Now the US gossip site Dealmaker reports that the woman who paid $2,500 (£1,560) to buy the Madoffs' marital bed, one Tally Wiener, a lawyer, has discovered a problem with her purchase: the bed is so large that she can't fit it in her apartment. Ms Wiener has now vowed to track down Ruth, Bernie's wife, and to offer it back to her.



A right royal miserable bunch

It looks as if the press office at Buckingham Palace has a sense of humour. Yesterday's statement on the royal wedding came just as all the rolling news channels were discussing the disappointing inflation figures. On CNBC, David Buik of BGC was looking downcast about rising prices. On the BBC News Channel, a talking head from Schroders sounded similarly negative. Meanwhile, under their miserable faces ran newsflashes breaking the news that Prince William and Kate Middleton are to marry. The City folk were left looking rather curmudgeonly.



The City pledges to be considerate

Well you can't fault the idea: The City of London Corporation, which provides local government services in the Square Mile, has come up with a "considerate contractor scheme" which is surely an oxymoron if ever there was one. Moreover, will it apply to the nation's leading banks, most of which are headquartered within the City?

businessdiary@independent.co.uk

Start your day with The Independent, sign up for daily news emails
ebooks
ebooksAn introduction to the ground rules of British democracy
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

Recruitment Genius: Customer Service Advisor

£15000 - £16000 per annum: Recruitment Genius: Customer Service Advisors are r...

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + OTE £45K: SThree: SThree were established in 1986....

Recruitment Genius: Compliance Manager

£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...

SThree: Talent Acquisition Consultant

£22500 - £27000 per annum + OTE £45K: SThree: Since our inception in 1986, STh...

Day In a Page

Seifeddine Rezgui: What motivated a shy student to kill 38 holidaymakers in Tunisia?

Making of a killer

What motivated a shy student to kill 38 holidaymakers in Tunisia?
UK Heatwave: Temperatures on the tube are going to exceed the legal limit for transporting cattle

Just when you thought your commute couldn't get any worse...

Heatwave will see temperatures on the Tube exceed legal limit for transporting cattle
Exclusive - The Real Stories of Migrant Britain: Swapping Bucharest for London

The Real Stories of Migrant Britain

Meet the man who swapped Romania for the UK in a bid to provide for his family, only to discover that the home he left behind wasn't quite what it seemed
Cheaper energy on the way, but it's not all sunshine and rainbows

Cheaper energy on the way, but it's not all sunshine and rainbows

Solar power will help bring down electricity prices over the next five years, according to a new report. But it’s cheap imports of ‘dirty power’ that will lower them the most
Katy Perry prevented from buying California convent for $14.5m after nuns sell to local businesswoman instead

No grace of God for Katy Perry as sisters act to stop her buying convent

Archdiocese sues nuns who turned down star’s $14.5m because they don’t approve of her
Ajmer: The ancient Indian metropolis chosen to be a 'smart city' where residents would just be happy to have power and running water

Residents just want water and power in a city chosen to be a ‘smart’ metropolis

The Indian Government has launched an ambitious plan to transform 100 of its crumbling cities
Michael Fassbender in 'Macbeth': The Scottish play on film, from Welles to Cheggers

Something wicked?

Films of Macbeth don’t always end well - just ask Orson Welles... and Keith Chegwin
10 best sun creams for body

10 best sun creams for body

Make sure you’re protected from head to toe in the heatwave
Wimbledon 2015: Nick Bollettieri - Milos Raonic has ability to get to the top but he must learn to handle pressure in big games

Nick Bollettieri's Wimbledon files

Milos Raonic has ability to get to the top but he must learn to handle pressure in big games
Women's World Cup 2015: How England's semi-final success could do wonders for both sexes

There is more than a shiny trophy to be won by England’s World Cup women

The success of the decidedly non-famous females wearing the Three Lions could do wonders for a ‘man’s game’ riddled with cynicism and greed
How to stop an asteroid hitting Earth: Would people co-operate to face down a global peril?

How to stop an asteroid hitting Earth

Would people cooperate to face a global peril?
Just one day to find €1.6bn: Greece edges nearer euro exit

One day to find €1.6bn

Greece is edging inexorably towards an exit from the euro
New 'Iron Man' augmented reality technology could help surgeons and firefighters, say scientists

'Iron Man' augmented reality technology could become reality

Holographic projections would provide extra information on objects in a person's visual field in real time
Sugary drinks 'are killing 184,000 adults around the world every year'

Sugary drinks are killing 184,000 adults around the world every year

The drinks that should be eliminated from people's diets
Pride of Place: Historians map out untold LGBT histories of locations throughout UK

Historians map out untold LGBT histories

Public are being asked to help improve the map