It鈥檚 a brand new year, and we鈥檙e giving up being gloomy, sowing discord, drinking champagne and getting people鈥檚 company names wrong. Starting next week, of course
I predict a riot
It鈥檚 not often that my musings provoke a shareholder revolt, but the bother over the Bellway bosses鈥 bumper bonuses that made headlines last week was first noted in December in this very column. Investor watchdog the Association of British Insurers (ABI) has denied claims it has made a scapegoat of the housebuilder (see page 19), but this isn鈥檛 entirely borne out by the facts. Redrow announced bonus payments of 拢216,000 to four directors last November despite losses of 拢194m and a 550-strong headcount reduction. Where was the
ABI then?
Oh, that M&S I recently received a seasonal missive from Movers & Shakers chairman David Jennings, whom we inexplicably named as head of Marks & Spencer in the last of 2008鈥檚 Hansoms. 鈥淭hank you for the promotion,鈥 writes David. 鈥淗as anyone told Stuart Rose? If you could get to him to clear his desk, I will start on Monday.鈥 Quite how we mixed up a department store and a networking club is too bizarre to explain, but rest assured the only M&S we will be visiting this month is the Dorchester breakfast with Boris Johnson on the 23rd. Apologies 鈥
Paint it black
In response to our call for more Rolling Stones-related place names (19 December), Tom Iles has written from George Brownlee & Partners. 鈥淚n the current climate I believe 鈥業t鈥檚 All Over Now Drive鈥 is appropriate.鈥 In a similar vein, an anonymous reader suggested the 鈥淕imme Shelter Housing Association for recently sacked construction workers鈥. Cheer up, chaps!
She鈥檚 a card
Full marks to Liz Male Consulting for the wittiest Christmas card of the season - an official-looking December addendum to the 好色先生TV Regulations entitled 鈥淔estive Structural Amendments鈥. These incorporated 鈥淢iracles and other minor works鈥, 鈥淗eavenly host requirements鈥 and 鈥淧rotection against impact of season鈥. The card can be seen on www.building.co.uk
Ain鈥檛 no sunshine till they鈥檙e gone
As if things weren鈥檛 difficult enough for housebuilders, they are now accused of standing in the way of environmental progress. Literally. Peter Dean, resident of Stow-in-the-Wold in Gloucestershire, has complained that a new development by Beechcroft Properties is blocking the sunlight needed to power his home鈥檚 solar panels. Dean, who spent 拢30,000 greening his house, claims the homes are 10ft higher than they ought to be and wants them demolished. Come on, Peter 鈥 hasn鈥檛 the sector been through enough?
Cheat!
Not to be outdone by the BBC, online voting for the Strictly 好色先生TV dance competition has not been without its irregularities. Just as the polling was heating up, one of my esteemed colleagues received an urgent email from Colin McLoughlin of General Demolition and Forcia鈥檚 Francine Vella exhorting all and sundry to give them top marks. However, this undue pressure did not steal the popular vote from the winning couple, Mott MacDonald鈥檚 Maurice Gidwani and Rachel Hardisty, who got full marks from 91% of voters.
Downloads
Festive Structural Amendments: Liz Male Christmas Card
Other, Size 0 kb
No comments yet