Beware the Russian sense of humour

Thinking of doing business in Russia but worried you’ll end up like TNK-BP boss Bob Dudley” Don’t be put off. Russia has so far been protected from the threat of recession, and consumer demand for goods and services is rocketing. But you do need to keep your wits about you, says recruitment entrepreneur Tony Goodwin.

Recession creates appetite for pub grub

Earlier this week, Mitchells & Butlers (M&B), the Harvester and All Bar One operator, announced sales increases, despite the troubles assailing other parts of the economy. “People are tightening their belts and trading down from fine restaurants to pub meals,” comments food entrepreneur Leyla Edwards, one of M&B’s suppliers.