Daily Mail

The dastardly Mr Deedes

- Have you any gossip for our City diary? Email: mrdeedes@dailymail.co.uk

Sky investors are being urged to vote against re- electing James Murdoch as Chairman at next week’s AGM due to concerns about his independen­ce. How will Sky’s tenth- largest shareholde­r, hedge funder Crispin Odey, vote, I wonder? He’s been cool on Sky’s takeover bid from 21st Century Fox, saying recently that he’d be happy if it now failed. Not that it’s relevant, but Odey was briefly married to Murdoch’s elder sister Prue in the mid- 1980s, describing James back then as ‘a squit’. Royal Mail has urged the Communicat­ions Workers Union (CWU) to return to the negotiatin­g table after it balloted for strike action next month over pay and pensions. It may have to wait a bit. A quick glance at CWU’s Facebook page shows a large chunk of delegates are now enjoying an overseas jolly in Latvia. Splendid! With Deutsche Bank investors said to be ‘twitchy’ over stocks approachin­g record lows, shouldn’t the bank end its costly support for the Frieze Art Fair which it is sponsoring this week for the 14th year? Don’t hold your breath. Financial institu- tions love sponsoring highfaluti­n events such as these. They think its lends them the illusion of respectabi­lity. Suggestion­s that Monarch Airlines’ collapse could solve Ryanair’s current pilot shortage are over- simplistic. Monarch used Airbus planes. Ryanair flies Boeings. Manning a different make of aircraft would require hours of costly training, which Ryanair boss Michael O’Leary would expect applicant pilots to pay for themselves. Of course he would! The rascal even makes staff pay for their own biros. Finally, I mentioned earlier this week that Lady Brady’s salary as chairman of Sir Philip Green’s company Taveta Investment­s was £650,000. Sir Philip rings to inform me he’s actually paying her £200,000. My apologies. ‘Sober October’ abstinence is already making me careless.

Newspapers in English

Newspapers from United Kingdom