And in the real world... London 2012 Olympics, Amazon, Royal Mail, T-Mobile and more

LONDON - Today's round-up of the biggest business stories.

In the real world...Campaign's round up of business news
In the real world...Campaign's round up of business news

InterContinental Hotels Group has brushed aside concerns over the slowdown in the global leisure market by signing up its Holiday Inn brand as a £10 million sponsor of the London 2012 Olympics.

Borrowers with the state-owned Bradford & Bingley are defaulting on one in 20 mortgages and the failure rate is set to go even higher.
Source: The Times online

British supermarkets are driving rapid destruction of the Amazon rainforest by using meat from farms responsible for illegal deforestation, according to a three-year investigation of the global trade in Brazilian cattle products.

The business secretary, Lord Mandelson, is digging his heels in and pushing ahead with plans to sell a 30 er cent stake in Royal Mail despite opposition from the public, unions and dismayed Labour backbenchers, after failing to attract a heavyweight offer.

The UK's five mobile phone networks are due to meet Lord Carter this week to try to thrash out a deal to salvage the communications minister's aim of getting broadband internet access to everyone in the UK by 2012.
Source: The Observer

Shoppers made a trolley dash for Morrisons in May with the supermarket chalking up the fastest growth of the "big four" in the past three months, according to TNS.
Source: The Observer

Orange is understood to have made an offer for T-Mobile's British operation but has been rebuffed by the company's German parent, Deutsche Telekom.
Source: The Observer

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1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).