Credit crisis diary: Patience set to take on the pink paper
Thursday 11 June 2009
Rupert Murdoch is stepping up The Wall Street Journal's plans to take on the Financial Times. We hear that Patience Wheatcroft, former editor of The Sunday Telegraph, is being lined up as the next European editor of the WSJ, as the US title tries to up its game on this side of the Atlantic. Wheatcroft has worked with theWSJ boss Robert Thomson before – she was business editor at The Times when he edited that Murdoch organ – and now she is set to team up with him again for an assault on the FT.
Retailers with short memories
Good to see Sir Philip Green yesterday joining the growing chorus of retailers begging the Government to extend the cut in VAT beyond December, when it is due to come to an end. Many retailers – though not Sir Philip – were pretty sniffy about the VAT cut when Alistair Darling unveiled it in the pre-Budget report last autumn, claiming it wouldn't help. They're singing a different song now.
Making peace with our Kazakh friends
Happy news for British traders with links to the central Asian state of Kazakhstan: we seem to have put the small matter of Borat behind us. You'll remember that the Kazakh government rather failed to see the funny side of Borat's tongue-in-cheek depiction of their countrymen and threatened all sorts of repercussions. Happily, they don't extend to trade sanctions, and the Kazakh-British Chambers of Commerce is now on target for launch next week.
Mortgage lenders back to their old tricks
Another green shoot? Nationwide Building Society, praised earlier this week for expanding the range of mortgages it offers and thus helping first-time buyers, announced yesterday that it is whacking up the cost of its fixed-rate deals, despite the lack of any rise in base rates or the cost of borrowing on wholesale markets. Looks like lenders are feeling able to get back to the good old days.
One way to beat the spam detectives
The spirit of inventiveness lives on at Gocompare.com, the online price comparison site. It wants to organise a poker competition for journalists and other contacts, but has repeatedly been frustrated by corporate firewalls screening out mail that includes gambling-related words. Its solution is to send out email invites to "a game beginning with P and rhyming with 'joker'."
- 1 What happens to your body when you give up sugar?
- 2 This is what the photographer has to say about the picture of a weasel riding a woodpecker
- 3 Delhi bus rapist blames dead victim for attack because 'girls are responsible for rape'
- 4 Have sex with your iPad thanks to the new sex toy no-one asked for
- 5 Average penis size revealed: Scientists attempt to find what is 'normal' to reassure concerned men
Bill Clinton portrait features Monica Lewinsky reference, artist admits
Japanese island overrun with cats after population explodes
Delhi bus rapist blames dead victim for attack because 'girls are responsible for rape'
Pornhub turns masturbation into energy in bid to save the planet
The 'sex selfie stick' lets you FaceTime the inside of a vagina
New theory could prove how life began and disprove God
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
This is what it's like to be dead, according to a guy who died for a bit
Durham Free School: 'Creationism taught at' free school facing closure
Ukip would cut billions from Scottish budget to fund English tax cuts
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
iJobs Money & Business
£15000 - £18000 per annum: Recruitment Genius: This is a great opportunity for...
£50000 - £60000 per annum + Excellent Salary: Austen Lloyd: An outstanding new...
£20000 - £21000 per annum + uncapped commission: SThree: As a graduate you are...
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...