You’ve travelled abroad and forgotten to change your money in advance. Now you’re forced to pay extortionate exchange rates charged by the local banks or the airport’s bureau de change. It’s a situation that has been faced by many.
But 26-year-old Londoner Daniel Abrahams has co-founded a company set to battle currency woes.
Everyone knows that real influence and power in the office rests with the personal assistants that keep their boss’s running.
Employees often turn to the aide to suss-out the boss’s mood, company heads rely on them for office gossip; but more importantly, PAs are trusted with the most confidential corporate and personal information only privy to the company’s inner-circle.
He co-founded one of the biggest names in retail, but American Zev Siegl has the manner of an enthusiastic schoolteacher.
That’s because he initially taught history at a school in Seattle before launching Starbucks with Gerald Baldwin and Gordon Bowker in 1971. It is now the largest global coffeehouse company with over 20,000 outlets.
After five years of economic dearth, a UK government investment of more than £400 million has been welcomed by business figures and diplomats. What’s more, it is set to boost economic ties between the UK and Israel.
At least £15 million of the £415 million injection will go towards fostering entrepreneurial initiatives in universities across eight UK cities.