When the government welcomed the publication of Christopher Rowlands’ independent review into the provision of growth capital to UK SMEs by creating a new fund to plug the “equity gap”, it stirred up a hornet’s nest within the venture capital community.
The gap between Britain’s richest and poorest cities has been forced wider by the recession, exacerbating the economic frailties of areas hit by industrial decline, according to analysts.
Doug Richard, the multi-millionaire entrepreneur and original panellist on the BBC’s investment programme Dragons’ Den, is demanding a complete overhaul of government business support.
As reports suggest Britain is dragging itself out of recession, analysts are warning that for entrepreneurs the worst impact of the recession could be still to come.
Our resident moneyman is back. This week, Johnny Martin cracks open break-even.
Spent weekend resting my back, which was casualty of post-snow mud, re-watching the first series of Damages. For those of you who didn’t catch it, it revolves around litigation against the CEO of a large American corporation. I was struck by the defence he put forward, which rested on him being responsible because he was in overall charge but not to blame.