Quote of the Day: EDF On Maneouvres

EDF "will begin a large-scale push in the second half of the year to highlight the benefits of the power source and the growing need for it ... a three-pronged approach ...

The final prong will centre on the economic viability of nuclear and EDF's belief that public subsidies should not form part of the debate."

Gotta love should not form part of the debate. Fantastic choice of words !

We'll give you some debate Monsieur Rivaz, never fear.

ND

Update M&S

Marks and Spencers

Like-for-like sales, which ignore new store openings, rose 0.1% in the 13 weeks to 2 April.

General merchandise fell 3.9%, but that was cancelled out by a 3.4% rise in food sales

And please note..continuing on from previous retail post.

The company added that it was planning to increase its store space in the UK by about 2% and overseas by about 10%. Last week, it announced plans to return to the French market, 10 years after closing its stores in Western Europe.

I hope you're all writing this down.

If you're picking winners look for good online, and expansion overseas

Quote of the Day

Madoff said deceiving investors for two decades had put him under severe strain. His prison therapist had assured him that he was not evil: “She said, 'You're absolutely not a sociopath. You have morals. You have remorse.' I am a good person. Everyone was greedy, I just went along.”

Bernard Madoff, interviewed by NY Magazine

next week: Fred Goodwin

Quote of the day

At the 2005 G8 summit one of the British delegation became so agitated with the Americans over their refusal to go along with aid to Africa and Climate Change proposals that he waved the financial assistance to Africa paper over a candle, where it promptly went up in flames.

The Americans remarked
"Pity it wasn't the climate change text as well. Then we could all go home."

The cancellation of African debts was duly signed up and saved the world's poorest countries about $1.5 bilion in interest. A triumph for the Labour chancellor.

Quote of the Day

"The regime being imposed on Ireland is utterly unrealistic. A depressed and deeply indebted economy with just 1.8 million people at work cannot underwrite private banking liabilities of €200bn."

Observer Editorial

Quote of the day

"Hollywood is the only industry that preys on Wall Street. They make most bankers look like amateurs."

Harry Markopolos,
Madoff whistleblower

Quote of the day

Channel 4's Dispatches investigates some of the 2,000 Muslim schools in Britain run by Islamic organisations.

"What was striking about the programme { dispatches} was how utterly, utterly alien the whole thing was. Here, in the county of Shakespeare, are children being taught in an environment – in manners, speech, clothes, subject matter and in fistful-sized beards – which is completely disconnected from England."
Ed West Telegraph blog.

Never, never use 'The language of Shakespeare.'

Especially to try and make a religious point.
The Bard lived in a time of religious terror and extremism. The Armada wasn't coming here for Cowes week.

Quote of the day

"The Huffington Post is a brilliantly packaged product.
To grasp its business model, though, you need to picture
a galley rowed by slaves and commanded by pirates"

- Tim Rutten, LA Times




How unlike our own dear C@W ...