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Penny Black's insurance week

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A cautionary tale reaches Penny about the dangers of playing with hot candle wax, or rather the embarrassment that can be caused by being covered in this quick-drying viscous liquid when dining with colleagues. For that is the sticky situation that befell Salient Solution's founder and managing director Clare Ryder, who while catching up over a Thai meal in the City found herself wearing a considerable amount of wax when a large candle's runny contents ended up being spilled over her top half. Apparently, should anyone now want a bust of Ms Ryder — literally — she now has a ready-made wax one at home. As to how she explained the gloop to the dry cleaners at her hotel, one will leave that to Ms Ryder to divulge.

Penny's colleagues were pleased to receive an invite this week to an event marking the continued success at Hastings Direct. The only problem was that the invite failed to give an actual date. When asked if this was a mistake, Hastings explained that the invite actually comes in two parts and this was merely a teaser. Penny wonders, however, if the company have indeed sent them out in the wrong order because surely it would have made more sense to send a "save the date" first, followed by the details and information of how to RSVP? Maybe all will become clearer later in the week.

The world of horse racing is still a mystery to Penny despite spending the day with Towergate at the Ascot races last week. Without understanding the finer points of gambling, and ignoring the advice of one wannabe pundit who insisted on betting on every horse in every race, Penny managed to exit without her coin purse taking a serious hit. Devising a strategy of choosing horses by name rather than form served Penny well with all her horses finishing respectably and managing to avoid the knacker's yard. The only let down came from the aptly-named First Post, which came second.

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