Lessons from the US

UK businesses aren’t as agile or as proactive as their US counterparts, according to 1E founder Sumir Karayi, who is based in the UK but whose company’s main market is the States.

Minimum wage: Brown caves under union pressure

Gordon Brown has bowed to union demands and agreed to extend the minimum wage in a move that will cost businesses an extra £88m a year. “Too much government intervention could damage the UK’s ability to compete long after this political cycle is finished,” comments Matthew Goodman, policy representative at the Forum of Private Business.

Office furniture entrepreneur learns about survival the hard way

Mark Norcliffe, MD of Future Office Equipment, saw his father survive a chronic downturn in the steel industry. It seems dogged resilience runs in the family. When he felt the squeeze himself, he was quick to diversify and secure his company’s fortunes.

AWS Ecoplastics secures ?6m in funding

Plastics recycling business AWS Ecoplastics will use £6m raised in a funding round to expand its plant so that it will be able to process up to 100,000 tonnes of mixed plastic bottles a year.

CFO watch David Blain

David Blain has been appointed interim chief financial officer and company secretary of Renovo Group.