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Greggs trumpeted its performance “as a year of exceptional progress”, lifted the dividend by 12.8pc and said it would resume its share buyback programme, spending 10m in the first half of 2015. Again the City got a taste for Greggs, and the shares soared to 10 – not bad for a business which was trading at around 300p before the stock split in 2009.

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That’s key: not only did the top activists generate better short term performance for investors in the target companies, but they seem to be capable of twisting arms in such a way that fundamental underlying performance at the companies improves as well.

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Mitch Winehouse said he was not happy with the way the makers of "AMY", which will screened at the Cannes Film Festival next month, had portrayed him. The film was directed by Asif Kapadia, who won a BAFTA for his documentary "Senna" on the late Formula One racing driver Ayrton Senna.

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The current conservation plan is based on per-capita residential water use last summer. The board rejected alternatives that reflect greater demand for water in more arid parts of the state and give credit for conservation efforts before the drought began.

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The increase in the GDP in the first quarter primarily reflected positive contributions from personal consumption expenditures and private inventory investment. These were partly offset by negative contributions from exports, nonresidential fixed investment, and state and local government spending, according to the department. Imports, which are a subtraction in the calculation of GDP, increased.

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There is no blueprint, the Orioles manager said Wednesday, for hosting a Major League Baseball game without cheering fans, the cries of beer vendors or the of aroma of hot dogs sizzling on a concession-stand grill, and he wasn’t sure how things would go Wednesday.