People & Business: Scardino presents the prizes and receives one - Business - News - The Independent

People & Business: Scardino presents the prizes and receives one

It has been a busy few days for Marjorie Scardino, the Pearson boss. Yesterday she presented the prizes to the winning analysts in the annual Extel Survey. Then last night she hosted a reception for Pearson staff at the National Gallery, London, which is holding an exhibition dedicated to Seurat, the painter.

Today la Scardino receives an honorary fellowship from the London Business School in recognition of her "outstanding contribution to business".

Other winners of this accolade today include Lord Blyth of Rowington, chief executive of Boots, and Peter Sutherland, chief executive and managing director of Goldman Sachs International.

The gongs are being presented by the Princess Royal, who is Chancellor of the University of London.

Two former faculty members of the LBS receive Fellowships, Sir Alan Budd, a member of the Bank of England's Monetary Policy Committee, and Sir James Ball, professor of economics at the LBS.

Ewen Macpherson, chief executive of 3i, bags an Alumni Achievement Award, "to mark his success in business since graduating from LBS in 1970".

Alarming news from the accountancy profession: "Ernst & Young's entrepreneurial services practice grows two heads." Does this press announcement mean E&Y's auditors have spent too much time in nuclear power stations?

Happily, it concerns David Wilkinson, who has been appointed national head of entrepreneurial services at the firm, and Patrick Stevens, who takes over the London side of the division. The operation, as its name implies, provides auditing and consultancy services for owner-managed businesses.

Mr Wilkinson comments: "I am taking over the helm ... at a time when many in the outside world probably think that the enterprise boom peaked under Mrs Thatcher.

"Nothing could be further from the truth, as some of the work I have been in involved in over the past year demonstrates, and I believe the upward trend is set to continue." So there.

My faith in a rational universe has taken another knock. We keep hearing that the new era of digital television will soon see us choosing from "500 channels". In a new book on Bill Gates and Microsoft, Overdrive, by James Wallace, we learn that John Malone, head of Tele-Communications Inc (TCI), the American cable giant, originally coined the term "500 channels" quite by accident.

"In an announcement by Malone on 2 December 1992, to reveal that TCI was going to build digital compression technology into its cable operations, Malone had picked the hypothetical number out of thin air. But it was a good round number and it stuck."

Smokers in the US might enjoy the latest marketing wheeze from Glaxo Wellcome. The company's new pill to help people quit smoking and declare their independence from cigarettes is making its way to drug stores in time for 4 July.

Forget those old-fashioned patches and nicotine gum. Glaxo's Zyban tablets offer smokers a nicotine-free way to quit the weed. Dr Michael Fiore, director of tobacco research at Wisconsin University, is gung-ho about the marketing idea. "There is no better time to declare your independence from nicotine," he declares. Zyban sounds like an altogether good thing. Compared to gum and patches, patients taking Zyban are less cantankerous than your average ciggy quitter and crave less.

Perusing the acres of economic analysis of Gordon Brown's first Budget, it is refreshing to turn to William Davis's latest book (his fourteenth) called Great Myths of Business. The veteran City journalist takes a flail to the dismal science in an acidic chapter: "The myth that economics reflects reality."

Mr Davis, a former head of the British Tourist Board and ex-editor of Punch, writes: "This is certainly true of the people who call themselves economists. They have great influence but few seem to know how to make a fortune or run a company."

Mr Davis writes that during his years as a financial editor of the Guardian in the 1960s he saw how badly economists served Harold Wilson, himself a former Oxford don. Wilson set up a Department of Economic Affairs to revitalise Britain, and put the colourful George Brown at its head. It soon ended in tears, and was scrapped. Let us hope Gordon Brown's Wise People are better value.

Life and Style
tech
Arts and Entertainment
Robin Thicke's video for 'Blurred Lines' has been criticised for condoning rape
music
News
Paper trail: the wedding photograph found in the rubble after 9/11 – it took Elizabeth Keefe 13 years to find the people in it
newsWho are the people in this photo? It took Elizabeth Stringer Keefe 13 years to find out
Voices
Yes supporters gather outside the Usher Hall, which is hosting a Night for Scotland in Edinburgh
voicesBen Judah: Is there a third option for England and Scotland that keeps everyone happy?
PROMOTED VIDEO
Arts and Entertainment
Matt Damon as Jason Bourne in The Bourne Ultimatum (2007)
filmMatt Damon in talks to return
News
peopleThe report and photo dedicated to the actress’s decolletage has, unsurprisingly, provoked anger
Arts and Entertainment
Evil eye: Douglas Adams in 'mad genius' pose
booksNew biography sheds light on comic genius of Douglas Adams
Life and Style
tech... and together they're worth at least £100 million
Arts and Entertainment
While many films were released, few managed to match the success of James Bond blockbuster 'Skyfall'
filmsDaniel Craig is believed to be donning skies as 007 for the first time
Arts and Entertainment
Fringe show: 'Cilla', with Sheridan Smith in the title role and Aneurin Barnard as her future husband Bobby Willis
tvEllen E Jones on ITV's 'Cilla'
News
ebooksAn unforgettable anthology of contemporary reportage
Life and Style
Bono and Apple CEO Tim Cook announced U2's surprise new album at the iPhone 6 launch
tech(but you can't escape: Bono is always on your iPhone)
Sport
Tim Wiese
sport
Life and Style
Kim Kardashian drawn backlash over her sexy swimsuit selfie, called 'disgusting' and 'nasty'
fashionCritics say magazine only pays attention to fashion trends among rich, white women
Arts and Entertainment
TVShows like Agents of S.H.I.E.L.D are little more than marketing tools
Arts and Entertainment
Hit the roof: hot-tub cinema east London
architectureFrom pools to football pitches, rooftop living is looking up
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

Sales Executive

£20 - 24k (Uncapped Commission - £35k Year 1 OTE): Guru Careers: We are seekin...

Payroll & Accounts Assistant

£20 - 24k + Benefits: Guru Careers: This is a great opportunity for an enthusi...

SQL Developer - Watford/NW London - £280 - £320 p/d - 6 months

£280 - £320 per day: Ashdown Group: The Ashdown Group have been engaged by a l...

Senior BA - Insurance **URGENT**

£400 - £450 Per Day: Clearwater People Solutions Ltd: **URGENT CONTRACT ROLE**...

Day In a Page

Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam
'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

Exclusive extract from Janis Winehouse's poignant new memoir
Is this the role to win Cumberbatch an Oscar?

Is this the role to win Cumberbatch an Oscar?

The Imitation Game, film review
England and Roy Hodgson take a joint step towards redemption in Basel

England and Hodgson take a joint step towards redemption

Welbeck double puts England on the road to Euro 2016
Relatives fight over Vivian Maier’s rare photos

Relatives fight over Vivian Maier’s rare photos

Pictures removed from public view as courts decide ownership
‘Fashion has to be fun. It’s a big business, not a cure for cancer’

‘Fashion has to be fun. It’s a big business, not a cure for cancer’

Donatella Versace at New York Fashion Week