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King admits UK is headed for recession

by Catherine Woods - Wednesday, 22nd October 2008 - - Business comment

Mervyn King has confirmed what many of us had suspected and all of us had feared: the UK is entering a recession.

He made the admission at a dinner with business leaders in Leeds last night and today the reaction has been predictable.

Sterling’s being hammered by the dollar while the FTSE is down.

It's almost an anti-climax, though, isn't it?

We've been talking about the "R" word for so long; even though this is the first time King or anyone of his stature has admitted that it's likely to happen, it seems a bit... empty.

What is it that they say about the way the world ends?

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Dragon Peter Jones says, "Clone me!"

By Rebecca Burn-Callander - July 03, 2009 11:28am GMT

Real Business spent an eventful cab ride with Dragons' Den's tallest investor earlier this week. Here's what he had to say about the recession, James Caan, his search for Peter Jones lookalikes and, most importantly, the next series of Dragons' Den.

Businesses to run in a recession: part three

By Rebecca Burn-Callander - July 02, 2009 4:43pm GMT

Even in a recession, a good entrepreneur is always on the look-out for the next hot spot. Don’t wait around for the upturn. These are the businesses you want to be in now.

Access takes another step towards sales target

By Catherine Woods - July 02, 2009 4:33pm GMT

Access founder Alistair O’Reilly has embarked on a “brand elevation” exercise as he aims to grow turnover at his consulting and software company to £100m.

Tech entrepreneur: "The banks won't lend you an umbrella when it rains"

By Rebecca Burn-Callander - July 02, 2009 4:22pm GMT

At a roundtable hosted by Dell this morning, Real Business heard three technology entrepreneurs talk about the challenges of growing a business during the recession. People aren't the problem, they say. It's the mindset of banks and other financial institutions that needs to change if we're to come out of recession.

Government fund provides a "timely injection of capital"

By Catherine Woods - July 02, 2009 4:06pm GMT

Octopus Ventures, which invests in entrepreneurial businesses, has welcomed the governments’ proposed £1bn innovation fund, saying it will support entrepreneurialism.

Brochures on Saving and investing

BUSINESS COMMENT >>

The first Apprentice wedding!

By Catherine Woods - July 03, 2009 2:35pm GMT

Well, well, well, look who’s engaged.

Sir Alan Sugar: "You're hired!"

By Rebecca Burn-Callander - July 01, 2009 1:12pm GMT

Great piece by The Telegraph's Richard Tyler today about the confirmed appointment of Sir Alan Sugar to the post of enterprise tsar. "A tentative date of July 20th has been pencilled in for his hairiness to don the rabbit fur," he says.

Pre-stained underwear: the next big thing?

By Rebecca Burn-Callander - June 22, 2009 2:54pm GMT

That's right. "Pre-stained". Suspend your disbelief for a moment. Canadian entrepreneur Philip Watson founded Easy Tiger Corp to peddle underwear that has been - ahem - ready-soiled, shall we say. And he reckons these nasty knickers will be a surefire hit with "the dudes".

It can only be... the Friday Funnies

By Rebecca Burn-Callander - June 12, 2009 12:16pm GMT

As swine flu hits the headlines for the second time, the swine flu jokes are just pouring in! Laugh till you oink, readers.

Jokes. Jokes. Jokes.

By Rebecca Burn-Callander - June 05, 2009 12:14pm GMT

Further to popular demand, this week we're devoting a whole section of our jokes blog to our hapless prime minister, Gordon Brown.

Business Comment 

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