Richard Branson loves a market in flux. Following the turmoil in the banking system, the Virgin boss is considering launching a rival to the high street banks through Virgin Money.
When Ros Adams and John Foster-Smith appeared on the last episode of Dragons’ Den, their idea for a novelty sheet was dismissed as “ridiculous”. But little did the Dragons know that the business pitch was, in fact, a red herring – designed to propel the two entrepreneurs into the limelight.
Jock Rumgay has been appointed finance director of Independent Media Support Group.
Graham Hetherington has been appointed chief financial officer of biopharmaceutical company Shire.
Geoff Doherty has been appointed CFO of food group Greencore.
If JC Flowers’ bid for Northern Rock is successful, a familiar face will be wandering the corridors of the Newcastle-based lender.
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