Credit crisis diary: Vince Cable's amazing double act
Wednesday 17 December 2008
Vince Cable is in a minority of one in having emerged from the credit crunch with his reputation enhanced and now we know the secret of his success. At 10am yesterday, Vince was live on BBC News 24 talking about the Government's latest pensions blunder. Meanwhile, on Sky News, at exactly the same moment, who should pop up, again billed as live, on the same story? Vince again. So that's how he does it – covering every base is so much easier when you've cloned yourself.
These celebrities will float your boat
Given the credit crunch and the global economic slowdown, you might have thought the bottom would have fallen out of the market for posh yachts. But not if the calibre of celebrities signed up for the launch of Sunseeker 30 Metre, Predator 74 Sport and Pred-ator 64 yachts is anything to go by. Step forward, Only Men Aloud!, the winners of the BBC's Last Choir Standing show. And if they're not enough Bee Gees legend Robin Gibb will be there too.
All I want for Christmas
Sick of the X-Factor winner and the abomination of "Hallelujah"? If so, this is your chance to derail Alex's inevitable Christmas number one. Check out Tarquin Britten and the City Boyz with their credit crunch-themed track. Tarquin sings like an angel, though the bankers in the pub (sample lyric: "We're sorry we XXXXed up your Christmas") are less lovely. All proceeds go to a New Year booze-up, which is in keeping with the City putting itself first.
Lock the doors on your angry suppliers
In the run up the demise of Woolworth's, suppliers of goods to the retail chain were understandably nervous about whether they would be paid for merchandise already supplied. Woolies' buyers' department simply stopped answering the phone, but in China, more had to be done. Woolies had to beef up security on its distribution centre after it was besieged by local suppliers demanding the return of their goods.
Goldman ahead of the pack on currencies
Top marks to Goldman Sachs, which yesterday morning forecast a weakening in the US dollar to 90 yen within the next 12 months. Spot on, though the timeframe Goldman's analysts gave themselves was a little generous. Within 12 minutes – not months – the dollar was trading at 89.99 yen.
- 1 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 2 Mystery man who gave mum heart-warming note on train 'wanted to put a smile on her face'
- 3 Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
- 4 Mafia's wall of silence broken: Victim of Cosa Nostra's extortion rackets in its Corleone heartland co-operates with authorities for the first time ever
- 5 Amal Clooney gives excellent answer to fashion question at European Court of Human Rights
King Salman: Just five days in, Saudi Arabia's new king has already overseen a beheading
Mystery man who gave mum heart-warming note on train 'wanted to put a smile on her face'
Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
Amal Clooney gives excellent answer to fashion question at European Court of Human Rights
Mafia's wall of silence broken: Victim of Cosa Nostra's extortion rackets in its Corleone heartland co-operates with authorities for the first time ever
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
iJobs Money & Business
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...
Competitive salary & benefits!: MBDA UK Ltd: MBDA UK LTD Indirect Procurement...
£16500 - £16640 per annum: Recruitment Genius: This fast growing Finance compa...