Chancellor George Osborne appears to have spooked the service sector with warnings of spending cuts. Photograph: Leon Neal/AFP/Getty Images Recession alert! That’s the obvious conclusion from this morning’s news that activity in Britain’s service sector has slipped to its lowest level since April last year. There are two main reasons to be concerned by the [...]
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BP: Deepwater Horizon oil well will be permanently sealed ‘in two weeks’
BP’s oil well in the Gulf of Mexico exploded on 20 April. Photograph: Sipa Press / Rex Features BP said today it is a fortnight away from sealing the ruptured oil well in the Gulf of Mexico for good, as it revealed that the bill for containing and cleaning up the oil spill – the [...]
Caroline Mason, chief operating officer Charity Bank
Caroline Mason, chief operating officer of Charity Bank, and co-founder of Investing for Good. Photograph: Frank Baron for the Guardian Superheroes sparked Caroline Mason’s conversion from career banker to champion of social investment. As the chief operating officer of Charity Bank, she now spends her time convincing people to put their money to good use, [...]
Sony’s rose-tinted 3D spectacles
Sony president Howard Stringer is predicting a bright future for 3D Tvs and other 3D gadgets. Photograph: Toshifumi Kitamura/AFP/Getty Images “The 3D train is moving forward, speedily and steadily,” says Sony chief executive Sir Howard Stringer. He’s done an impressive job of revitalising the Japanese electronics company, so one shouldn’t dismiss lightly his prediction that [...]
Carluccio’s bosses ready to plate up £10m windfall from sale of restaurants
Three of Carluccio’s co-founders could share a £10m windfall, after a bid from Dubai-based Landmark Group. Chef Antonio Carluccio, above, sold his interest in the restaurant chain years ago. Photograph: Gareth Cattermole/Getty Images Three veteran restaurant executives who co-founded the Carluccio’s chain with Antonio and Priscilla Carluccio 11 years ago hope to share a windfall [...]
