Business diary

Meaty idea from BBC Three

By Candice Krieger, January 22, 2009

BBC Three has launched a talent show to find Britain’s best young butcher. Appropriately, it will be called Britain’s Young Butcher of the Year.

Danny Cohen, the controller of BBC Three, said: “It is a bit like Butcher Idol, I suppose.

“We’ll start with a great number of butchers, and whittle them down during a series of butcher challenges.” Reckon you can cut it?

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Flavours firm buys British

By Candice Krieger, January 22, 2009

Frutarom, an international company listed on the Tel Aviv Stock Exchange that makes ingredients for the flavour and fragrance industry, has acquired Oxford Chemicals for £8.25 million. Frutarom, which already has a plant in the North East of England at Billingham, hopes the deal will help broaden its customer base.

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Obama pays off for Goldsmith

By Candice Krieger, January 22, 2009

Tory candidate and millionaire environmentalist Zac Goldsmith has reportedly won around £100,000 from a series of long-term bets that Barack Obama would become American President. Apparently, in autumn 2007, he put £5,000 at 20/1 when Obama was very much an outsider.

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Mazel Tov...

By Candice Krieger, January 22, 2009

...to property heavyweights Nick Leslau of Prestbury Group, Sir Stuart Lipton of Chelsfield Partners, and Heron International’s Gerald Ronson. The trio have been nominated for this year’s Property Week magazine’s Personality of the Year award.

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Some good news for Israel

By Candice Krieger, January 22, 2009

An estimated $15 billion worth of natural gas reserves have been found at the Tamar-1 field off the coast of Haifa. The reserves — enough to keep Israel’s electric grid running for decades to come — resulted in a welcome boost to the TASE, which rose considerably.

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Advertising man pockets £21m

May 9, 2008

Sir Martin Sorrell, chief executive of the WPP advertising and communications group, pocketed £21m last year when a performance-based share plan crystallised. His salary and bonus was boosted by the award of £18.94m-worth of shares. WPP is reportedly considering relocating outside the UK for tax reasons.

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