noah | November 29, 2007 11:40 am

Scrimping-and-pinching EMI chairman Guy Hands has found more slashable line items within the label’s sprawling budget: “A three-bedroom mews house in London’s not-trendy-but-expensive Mayfair that was used by former chair Eric Nicoli and is worth £5.6m; £20,000 on candles to decorate a Los Angeles apartment used to entertain guests; and the estimated £200,000 annual budget on fruit and flowers for EMI offices.” [Guardian]