Business Diary: Walsh speaks the lingo with his new friends

It's good to see our captains of industry working on their language skills in this globalised age. Asked at a party about the progress of talks with Iberia, British Airways boss Willie Walsh answered that he was getting on well with his Spanish colleagues. When will a final deal be announced? "Mañana," Walsh replied. The perfect use of the word, given the age the negotiations have been dragging on for already.

O'Leary tries to joke his way out of trouble

Looks like Michael O'Leary has dropped a clanger. Ryanair ran a series of adverts portraying Stelios Haji-Ioannou as Pinocchio, suggesting that he and his airline, Easyjet, misled people over punctuality statistics. Now Stelios's lawyer, Schillings, is threatening legal action. O'Leary has challenged Stelios to a race around Trafalgar Square in an attempt to bury the hatchet with humour. One suspects Schillings will advise its client to turn down the kind offer and go on seeking damages and an apology.

Big air at last for Witan Investment Trust

Witan Investment Trust gets its day in the sun (or snow) at last. The investment company signed up to sponsor British skier Chemmy Alcott a couple of years ago – now she's going to put their name up in lights at the Winter Olympics.

MPs are still costing us an arm and a leg

GlobalExpense is in touch, raising its eyebrows at the £6.6m being set aside by the Government to pay for 85 staff to regulate MPs' expenses. The private sector operator reckons the cost is ridiculous. "For that kind of money, GlobalExpense and other providers could manage the entire MPs' expenses process for more than 100 years," it claims.

The big breakfast for Lord Myners

Spotted: City minister Lord Myners, enjoying breakfast at the Wolseley restaurant in London's Piccadilly, where he is something of a regular. At £13.75 for a full English, the Wolseley is a little more pricey than even the finest Westminster greasy spoon, but this is the most important meal of the day, after all.

Number of the day: 2,500

The number of job cuts announced by BAE Systems in the past year, including 230 yesterday

Start your day with The Independent, sign up for daily news emails
ebooksAn unforgettable anthology of contemporary reportage
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Recruitment Genius: Digital Optimisation Executive - Marketing

£30000 - £35000 per annum: Recruitment Genius: The UK's fastest growing, multi...

Recruitment Genius: Financial Reporting Manager

£70000 - £90000 per annum: Recruitment Genius: A Financial Reporting Manager i...

Recruitment Genius: Payments Operations Assistant

£23000 - £25000 per annum: Recruitment Genius: They win lots of awards for the...

Recruitment Genius: Telephone Debt Negotiator

£13500 - £20000 per annum: Recruitment Genius: This nationwide enforcement com...

Day In a Page

Sepp Blatter resignation: The beginning of Fifa's long road to reform?

Does Blatter's departure mean Fifa will automatically clean up its act?

Don't bet on it, says Tom Peck
Charles Kennedy: The baby of the House who grew into a Lib Dem giant

The baby of the House who grew into a Lib Dem giant

Charles Kennedy was consistently a man of the centre-left, dedicated to social justice, but was also a champion of liberty and an opponent of the nanny-state, says Baroness Williams
Syria civil war: The harrowing testament of a five-year-old victim of this endless conflict

The harrowing testament of a five-year-old victim of Syria's endless civil war

Sahar Qanbar lost her mother and brother as civilians and government soldiers fought side by side after being surrounded by brutal Islamist fighters. Robert Fisk visited her
The future of songwriting: How streaming is changing everything we know about making music

The future of songwriting

How streaming is changing everything we know about making music
William Shemin and Henry Johnson: Jewish and black soldiers receive World War I Medal of Honor amid claims of discrimination

Recognition at last

Jewish and black soldiers who fought in WWI finally receive medals after claims of discrimination
Beating obesity: The new pacemaker which helps over-eaters

Beating obesity

The new pacemaker which helps over-eaters
9 best women's festival waterproofs

Ready for rain: 9 best women's festival waterproofs

These are the macs to keep your denim dry and your hair frizz-free(ish)
On your feet! Spending at least two hours a day standing reduces the risk of heart attacks, cancer and diabetes, according to new research

On your feet!

Spending half the day standing 'reduces risk of heart attacks and cancer'
Liverpool close in on Milner signing

Liverpool close in on Milner signing

Reds baulk at Christian Benteke £32.5m release clause
With scores of surgeries closing, what hope is there for the David Cameron's promise of 5,000 more GPs and a 24/7 NHS?

The big NHS question

Why are there so few new GPs when so many want to study medicine?
Big knickers are back: Thongs ain't what they used to be

Thongs ain't what they used to be

Big knickers are back
Thurston Moore interview

Thurston Moore interview

On living in London, Sonic Youth and musical memoirs
In full bloom

In full bloom

Floral print womenswear
From leading man to Elephant Man, Bradley Cooper is terrific

From leading man to Elephant Man

Bradley Cooper is terrific
In this the person to restore our trust in the banks?

In this the person to restore our trust in the banks?

Dame Colette Bowe - interview