Pembroke: Bernsteins are losing their grip at Granada

The Bernstein family's grip on Granada continues to loosen. The leisure group's newly published report and accounts devotes a page to a glowing tribute to Sidney Bernstein, the company founder who died earlier this year.

But the small print reveals that the personal shareholding of Alex Bernstein, the chairman and the last remaining family scion in the company, has shrunk to just 0.2 per cent.

And the poor soul has lost pounds 100,000 of his salary because he now works only a four-day week.

Who needs Santa when you've got share options like Sir John Egan? The pounds 400,000-a-year chief executive of airports operator BAA bought 260,000 at pounds 3.84 yesterday, then sold 100,000 of them at pounds 10 to finance it. The result? A paper gain of pounds 628,000.

The Christmas spirit is not alive and well and living at the Co-Operative Bank. The bank with the caring, sharing ethical stance is roping in 10 workers on Christmas day to man the lines at its Skelmersdale head office. For some reason management is under the misguided notion that customers might want to ring up mid-turkey to check their balance. Defending itself, the Co-Op says all 10 are volunteers, and two are Jehovah's Witnesses who don't celebrate Christmas, anyway.

Interesting to see that the Russian army has chosen Olivetti, the Italian computer firm, to help train 16,000 of its soon-to-be-redundant soldiers in the art of entrepreneurship and market capitalism. As the company lost dollars 100m in the last half-year, heaven knows what tips it will be passing on.

Contrary to what we were told by Kenneth Clarke last month, the PSBR is poised to mushroom next year. So says the Central Statistical Office. This year, about 6,240 biscuits - the public sector biscuit requirement - were consumed by journalists while drinking 5,200 cups of coffee during 130 press briefings. In 1994, the CSO will issue 50 more press releases than this year, which suggests the alternative PSBR will expand. Sad, though, that someone goes round counting.

Start your day with The Independent, sign up for daily news emails
PROMOTED VIDEO
ebooks
ebooksA special investigation by Andy McSmith
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

Ashdown Group: Product Manager - (Product Marketing, Financial Services)

£30000 - £35000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...

Recruitment Genius: Compliance Assistant

£13000 per annum: Recruitment Genius: This Pension Specialist was established ...

Ashdown Group: Market Research Executive

£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...

Recruitment Genius: Technical Report Writer

£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...

Day In a Page

Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee