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Business Diary: Moral maze for financial guru

Friday 08 July 2011 00:00 BST
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Martin Lewis, the self proclaimed "money saving expert" has got himself into something of a pickle over the hacking affair at the News of the World, where he writes a column dispensing financial wisdom. Lewis wrote on his hugely popular website on Tuesday that after wrestling with his conscience, he had decided to continue taking the Murdoch shilling – explaining that "the type of work I do necessitates compromises". Let's just say that most of the website users who commented on his decision were not entirely complimentary – and in a late update to the blog yesterday, Lewis reflected that, after all, he would be taking some time to reflect on the issues, during which time he would not be writing for the paper. Finally, of course — just hours later – James Murdoch opted to take the decision out of his hands.

A bad day to enjoy good news

Having meanly pointed out earlier this week that Sky's costly sponsorship of a professional cycling team had yet to see it enjoy a single victory at the sport's blue riband event, it is only fair for the Diary to congratulate Sky's Edvald Boasson Hagen for winning yesterday's stage of the Tour de France. One imagines everyone back home at Sky towers, not to mention potential new owner News International, was glued to the race as their boy came good. Or maybe not.

No one hurt in HSBC crash

These are scary times at HSBC, which nearly made the wrong type of killing yesterday. A pane of glass fell right from the top of its headquarters at London's Canary Wharf – almost 500ft to the ground below. Fortunately, by pure good luck, no one was injured and HSBC's engineers think there is no risk of a recurrence of the problem, although they are now making urgent checks to make sure. In the meantime, the bottom half of the H in HSBC has gone missing.

Greece: you've got to laugh

And finally, in these difficult times, here's something to make you smile, courtesy of Twitter: apparently the economic situation in Greece has got so bad that all production of tzatziki and taramasalata has had to be suspended. Yep, it's a double dip recession. The Diary thanks you.

businessdiary@independent.co.uk

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