Dispatches: The perils of workplace gossip

Two of Australia’s most prestigious law firms have banned a workplace gossip website after it published a series of articles criticising management and mocking staff. Both Mallesons Stephen Jaques and Clayton Utz have barred the Firm Spy site, branding it “irresponsible and inaccurate”. (Daily Telegrapgh)

IOOF Holdings has talked up its proposed acquisition of the North investment platform as a “marriage made in heaven”. (The Australian)

Insurance Australia Group has predicted its troubled British business will return to profitability this year. This came as the general insurer announced its promised halving in annual net profit to $91m. (The Australian)

The global economy will continue to recover slowly despite fears of a double-dip recession, according to Credit Suisse, AMP and UBS. (Investor Daily)

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