Business diary

How our advertising business coped when Tesco checked out

By Rosa Doherty, January 17, 2014

Advertisers have to be prepared change or face closure, says a man who should know.

Matt Davis’s advertising agency The Red Brick Road, once relied on Tesco for the bulk of the business.

But when the supermarket giant went elsewhere, he was forced to swiftly change course to stay afloat.


Need a £1m investment? Speak to customers first

By Sandy Rashty, December 16, 2013

An Israeli entrepreneur has secured over £1 million from private investors for his award-winning UK-based property company.

Nitzan Yudan, founder of Flat-Club, which helps young professionals find short-term accommodation by renting through their trusted social networks, says the funding will boost the company’s global presence.


The JC Profile: Errol Damelin, payday loan king

October 3, 2013

It’s all gone wong again for Wonga founder Errol Damelin. It’s only two months since the leading payday loan company hit the headlines because the Archbishop of Canterbury, Justin Welby, said he wanted to compete Wonga out of business, sparking a flurry of press asking whether the company’s sky-high interest rates are exploitative.

Now he’s in trouble with the Jews.


Kelly Hoppen, the Dragon lady

By Sandy Rashty, August 23, 2013

With fiery, curled hair, freckled skin and almost always dressed in black, Kelly Hoppen is the stern-but-fair Jewish businesswoman billed as the poster girl for the latest series of Dragons’ Den on BBC2.

On last Sunday’s programme, Hoppen nostalgically recalled her South African roots as she chewed on a piece of cured meat and compared it to growing up eating biltong.


Unemployment statistics do not reflect youth 'under-employment'

By Sandy Rashty, July 18, 2013

Official statistics released this week indicated a 20,000 fall in youth unemployment in the UK.

The statistics, released by the Office for National Statistics on Wednesday, were described as “encouraging news” by Prime Minister David Cameron.


Hugo Bieber new chief at UK Israel Business

By Sandy Rashty, May 23, 2013

A 29-year-old marketing expert has been named as the new chief executive of the leading organisation promoting trade links between Britain and Israel.


Nicola Mendelsohn named Facebook Europe chief

By Anna Sheinman, May 8, 2013

Facebook has named prominent advertising executive Nicola Mendelsohn as its new head of European operations.

Ms Mendelsohn is the owner of advertising agency Karmarama and formerly the first female president of the Institute of Practitioners in Advertising (IPA).

Now living in Finchley, she was born in Manchester, where her mother, kosher caterer Celia Klein is still based.


Lev Leviev loses out

By Candice Krieger, January 26, 2012

Not such a good week for Lev Leviev. The billionaire lost his place as Israel's top diamond exporter. Number one spot, published by Diamond Supervisor Shmuel Mordechai, went to Leo Schachter. His company exported $403m worth in 2011.


Jay-Z invests in Israeli technology

By Candice Krieger, January 26, 2012

It may seem like an unlikely pairing but US hip-hop star Jay-Z is the new face of Israel/US start-up Duracell Powermat. Jay-Z, whose wife Beyoncé this month gave birth to their first child, will serve as the new spokesman for the company and as an investor.


Who's boss at Leumi?

By Candice Krieger, January 26, 2012

The race to succeed Galia Maor as CEO of Bank Leumi took off this month. It seems there are three more candidates in addtition to frontrunners, deputy CEO Rakefet Russak-Aminach and Roni Hizkiyahu, former Supervisor of Banks.