Pick of the press: Tuesday 11 May 2010

New figures from the British Retail Consortium and KPMG show that retail sales fell in the run-up to the election. Should high-street entrepreneurs be worried?

Financial Times – UK housing and retail lift but remain frail

Guardian – High street hit by pre-election uncertainty as sales drop 2.3%

 

Alan Sugar returns to TV screens tomorrow in Junior Apprentice, which sees budding entrepreneurs aged 16 to 17 vie to receive an apprenticeship with the Lord.

Guardian – Junior Apprentice set to show Sugar’s sweet side

Daily Mail – Junior Apprentice: The budding teenage entrepreneurs Lord Sugar reduced to tears

 

Online Dragon and serial entrepreneur Julie Meyer writes about how unfazed young entrepreneurs are by the world’s events, and how this fearlessness makes them the future Richard Bransons. But how serious is the UK in helping them succeed?

City AM – Young entrepreneurs are hope for the future

 

Leading entrepreneur and Terra Firma boss Guy Hands says he can raise the £105m necessary to keep control of music label EMI, which is caught in a legal battle with Citigroup.

Independent – Terra Firma in race for EMI investor backing

 

The Telegraph’s Richard Tyler gathers entrepreneurs’ reactions to the political situation. Don’t forget to check out the Real Business network’s reactions here too.

Daily Telegraph – Entrepreneurs assess the new government


Is Sir Richard in trouble? We covered this story last week, but now seems even more likely that Sir Richard Branson’s Virgin could face a multi-million pound fine in the Office of Fair Trade’s fuel surcharge price-fixing investigation.

Financial Times – Watchdog turns on Virgin over case failure 

Daily Mail – Virgin could lose immunity in BA price fixing inquiry

 

The Bank of England announced no increase in the 0.5 per cent interest rate yesterday. The Daily Mail’s This Is Money gives a good analysis of when we can expect to see rates rise. A good guide for entrepreneurs looking to plan ahead.

This Is Money – When will interest rates rise?

 

HSBC and the Telegraph have teamed up to offer entrepreneurs who sell overseas the opportunity to win a share of £90m in loans and £200,000 in grants. Read all about how you can enter the competition here:

Daily Telegraph – HSBC to pay for business owners to learn from international mentors

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