Sportswear entrepreneur Mike Ashley loses £150m
Ashley has announced he is to sell Newcastle United football club at a significant loss after the club is relegated from the Premier League.
“Computers turned our employees into robots!”
New-fangled information technology is no match for the human touch.
Cobra Beer saved by last-minute acquisition
Lord Bilimoria was forced to take his firm into pre-pack administration on Friday. Cobra, founded by the Indian entrepreneur in 1989, has been acquired by Molson Coors in a joint venture with Bilimoria.
Cassetteboy does The Apprentice
Hats off to Broadbean MD and Real Business columnist Dan McGuire for scouting this out. An even darker side to Sir Alan Sugar is revealed in this daft mash-up.
The UK’s new celebrity entrepreneurs
Move over Kate Moss and Guy Richie. Here are some new stars that are taking the plunge and using their fame, fortune and fanbases to launch entrepreneurial businesses.
Don’t civil servants know it’s a recession?
We’re living on beans on toast while civil servants “build relationships” over three courses and Chablis.
What you can learn from Britain’s Got Talent
Close to 20 million people tuned in to see dance act Diversity beat spinster Susan Boyle in the final of Britain’s Got Talent. But does this TV show have any relevance to business?
FD watch
New finance directors have been appointed at Cranswick, Abbey National and Alliance & Leicester, and Alexander David Securities.
UK concerns as GM collapses
There may be “serious repercussions” for the UK now that General Motors has filed for bankruptcy despite receiving £19bn of emergency aid from the US government.
Monday, 1 June 2009
Always wonderful coming in to work to find we have been broken into…yet again. Every few months or so, our steel re-inforced doors are jemmied open in the woodwork factory and every single hand tool neatly removed.
Launchpad: The KiosKiosK
Mangrove Consulting founder Justin Wright brings you his top innovation for this month. The KiosKiosK may be an affordable way for new entrepreneurs to set up shop, but has it been scuppered by its unfortunate KKK initials?
Slow down, entrepreneurs!
A downturn is the best time to take your foot off the accelerator and enjoy life in the slow lane for a while.