Business features

Richard Balfour-Lynn

By Candice Krieger, May 21, 2009

Survival of the fittest is the business mantra for 2009 — and hotel and leisure entrepreneur Richard Balfour-Lynn is up for the challenge.

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Karen Mattison

By Candice Krieger, May 14, 2009

The recession is redefining the status of part-time work, says Karen Mattison, the director and co-founder of Women Like Us.

Established in 2003, the London-based organisation matches mothers wanting to get back to work with flexible job opportunities.

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Aviram Jenik

By Candice Krieger, May 7, 2009

Aviram Jenik makes money by hacking into people’s computers. It is his job.

Mr Jenik’s business, Beyond Security, is a computer security testing firm that identifies weaknesses or, as Mr Jenik puts it, “bad things”, that can make company computers vulnerable to hackers.

His clients include Mastercard, Visa, the Ministry of Defence, KPMG and Microsoft.

According to Mr Jenik, around 30 new weaknesses are found in computer systems every week. These can cost companies millions of pounds. And such attacks are becoming increasingly prevalent in the present economic climate.

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Rich Listers prove top givers

By Candice Krieger and Marcus Dysch, April 30, 2009

Five of Britain’s ten richest people are Jewish, according to this year’s Sunday Times Rich List.

Their performance could prompt the creation of a separate section focusing solely on the country’s wealthiest Jews, according to compiler Philip Beresford. He said it could be produced “at the drop of a hat” for the 2010 edition.

But the economic downturn has seen huge losses to even the biggest fortunes.

Chabad donor and London-based diamond mogul Lev Leviev, who was last year ranked 21st with a wealth of £2.5bn, is not on this year’s list.

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Shai Weiss

By Candice Krieger, April 29, 2009

When billionaire Sir Richard Branson needed someone to head up a multi-million-pound fund to invest in renewable energy, he turned to Israeli businessman Shai Weiss.

The duo had previously worked together when Mr Weiss, now 41, was managing director at cable company NTL:Telewest. He was instrumental in NTL’s purchase of Virgin Mobile, part of Sir Richard’s Virgin Group. The merger was rebranded Virgin Media. “After that was all said and done, Richard approached me to come and do something in the renewable sector, and I agreed,” says Mr Weiss.

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'This budget is old Labour'

By Candice Krieger, April 23, 2009

Nick Leslau, chairman and chief executive of property company Prestbury Investment Holdings:

“It all feels terribly lame to me. Taxing high earners is so wonderfully old Labour.

“Who, driving a ten-year-old car, can afford a new one to claim their scrap reward? If they can then they probably could have bought a new one without any help. It is all so marginal. I am relieved that huge cuts in public spending are planned, but highly cynical as to whether they will be achieved.

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Trevor Abrahmsohn

By Candice Krieger, April 14, 2009

Reports of increased activity in London’s residential property market by foreign investors are good news for Trevor Abrahmsohn.

Mr Abrahmsohn, 54, the founder and managing director of Glentree Estates in north London, is known for selling expensive — or “trophy”, as he puts it — homes to overseas investors.

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Trevor Asserson

By Candice Krieger, April 2, 2009

When top litigator Trevor Asserson left London and his partnership at one of the world’s largest law firms to start again in Israel, he admits it was a total risk. But, three years on, he has established a lucrative foothold in the global legal market and is “absolutely flooded” with work.

Mr Asserson, 52, founded his eponymous law practice in 2005. His aim was to take advantage of cheaper operating costs while still providing the same standard of service.

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Jonathan Kestenbaum

By Candice Krieger, March 26, 2009

Technology and the creative industries will be key to pulling the UK out of recession, says Jonathan Kestenbaum, the chief executive of the National Endowment for Science, Technology and the Arts (Nesta).

He believes sectors such as healthcare, clean-tech, bio-tech and IT will drive the economy over the next few years, doing what the financial sector has over the past decade.

“They will have to,” says Mr Kestenbaum, 47. “There will be no choice because that’s where the demand is going.

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Neville Kahn

By Candice Krieger, March 19, 2009

By his own admission, Neville Kahn has probably made more people redundant in the past few months than anyone else. It’s his job. As global head of reorganisation services at accountancy firm Deloitte, Mr Kahn has led the administration of some of the recession’s most high-profile casualties, including Woolworths, Waterford Wedgwood and Barratts Shoes — the trading subsidiary of Michael Ziff’s Stylo plc.

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