Business Diary: Walsh's wings clipped by office
Saturday 12 March 2011
Life isn't always glamorous for the chief executives of our biggest companies.
We hear that Willie Walsh, the British Airways boss, has a new office now that he has moved upstairs to take charge of International Airlines Group, the holding company that has owned BA and Iberia since the airlines' merger. The good news is that it has panoramic views on two sides. Less happily, the views in question are of Runway One at Heathrow and a building that houses officials from Unite, the trade union with which Mr Walsh has spent much of the past two years fighting so bitterly.
Best to stay home in the lakes
Ping. An email arrives from the Lake District Tourist Association, detailing its latest efforts to drum up support from international markets. Specifically, six Lake District businesses are about to send representatives to one market they think might be an especially lucrative source of clients. Which one? Well, Japan, since you asked. Do you think they might want to wait a while before setting off on this sort of trade mission?
A new woman to take on Opec
Our congratulations to Maria van der Hoeven of the Netherlands. For those of you not familiar with Mrs van der Hoeven, she was until October the country's minister of economic affairs, where a good deal of her time was spent on energy policy. Yesterday she was unveiled as the new boss of the International Energy Agency, the oil industry body. That means she'll be spending the next four years pleading with Opec to produce enough oil to stave off a world recession. Maybe congratulations isn't quite the right word after all.
Bad joke powers share price fall
Memo to Rupert Soames, boss of Aggreko, the energy supply company – the stock market doesn't do humour. Aggreko had a fantastic year in 2010 thanks to a string of events for which it won contracts to supply temporary power, from the Vancouver Winter Olympics to the World Cup in South Africa. The problem this year is there aren't any big events to win similar business at. Soames told analysts that "we might get the tiddlywinks championship if we're lucky". Cue a 6 per cent slump in its shares.
- 1 Katie Hopkins gives rare glimpse of sensitive side with heartfelt open letter to her children penned in case she dies from epilepsy
- 2 Rihanna's Met Gala dress took one Chinese woman 2 years to make, was reduced to omelette meme in 2 seconds
- 3 Top Gear: Jodie Kidd, Philip Glenister and Guy Martin 'in advanced talks' to replace Jeremy Clarkson and co
- 4 Frankie Boyle on Scottish independence: 'In the Interests of Unity, F**k Off'
- 5 Florida couple forced to register as sex offenders for having sex on public beach
Boston Marathon runner's search for mystery man she kissed ends with letter from his wife
Italian police 'reveal' what Jesus looked like as a young boy
Florida couple forced to register as sex offenders for having sex on public beach
Mysterious 'X-Files' sounds heard miles above the Earth
Met Gala 2015: Beyoncé manages to out-skimp Rihanna, Miley and Kim Kardashian with near-naked ensemble
In defence of liberal democracy
General Election 2015: Post-election 'shambles' looms as 70 per cent of voters say SNP 'should not be able to veto UK government policies'
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
General election live: SNP suspends two members for disrupting Labour rally
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
iJobs Money & Business
£60000 - £70000 per annum + benefits : Ashdown Group: A highly successful, glo...
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...
£27 - 35k + Bonus + Benefits: Guru Careers: A Management Accountant is needed ...
£40-50k + Benefits.: Guru Careers: A Project Manager / Business Analyst is nee...