Business features

Nuts and bolts of crunch-beating

By Candice Krieger, December 11, 2008

Entrepreneur David Laurie has good reason to smile. Last year, he sold his internet business Brightview to BT for close to £16 million and joined online retailer eSpares, which sells spare parts for household and garden appliances — a shrewd move. ESpares has reported like-for-like sales up 38 per cent on last year as it capitalises on the current economic crisis.

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What makes Israel recession-proof?

By Candice Krieger and Simon Griver, December 4, 2008

A drop in production is inevitable
Mark Ross, chief executive of the British-Israel Chamber of Commerce

Israel is not in recession as it has not experienced two consecutive quarters of negative growth. GDP growth currently stands at 2.3 per cent.

However, if it drops below 1.7 per cent, it falls below the rate of population increase, and if it stays like that for more than six months, Israel will be in recession.

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‘Sorry Mr Darling, but this isn’t good enough’

By Candice Krieger, November 27, 2008

Nick Leslau

Chairman and chief executive of Prestbury Investment Holdings
I am disappointed. People feel bad and I'm not entirely sure exactly why this is going to make them feel much better. There is a conundrum that, on the one hand the Chancellor wants to stimulate the public into spending more, and on the other it was borrowing too much to spend that was one of the factors behind the credit excess.

This is a green light for significant tax increases on the wealthy in the future.

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Stirring a revolution in energy drinks

By Candice Krieger, November 20, 2008

Marcus Waley-Cohen, the founder of natural energy drinks company Firefly Tonics, is targeting a healthy return.

In 2003, Mr Waley-Cohen, now 31, gave up his City job at a leading management consultancy firm to establish Firefly Tonics, which he runs with Harry Briggs.

The company creates and supplies healthy drinks made solely from natural ingredients. Today, they sell around 400,000 bottles a month, export to 40 countries and, last year, reported an annual turnover of £2 million.

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We’re building on the property crash

By Candice Krieger, November 13, 2008

Property entrepreneur Adam Coffer is in the mood to spend. While the credit crisis continues to batter the commercial property market, leaving many industry players lying low, he is gearing up to pounce.
Mr Coffer, 30, is the founder and managing director of the Entrepreneurs Property Fund, which offers large incentives for potential property deal-makers; it guarantees agents and private investors 30 per cent of profits the business makes on the deal.

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How bad it will get, by the City analyst

By Candice Krieger, November 6, 2008

The UK could be facing its worst recession in five decades, warns City analyst Danny Gabay, a former Bank of England economist.

Mr Gabay, 40, is a macro-economist at City consultants Fathom, which provides analysis and research on the global and political economy. He has been examining past recessions as a guide to what lies ahead and the findings, it seems, are bad news.

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Start-up tips, by Facebook’s backer

By Candice Krieger, October 30, 2008

Moshe Mor is the man for aspiring entrepreneurs to impress. A partner at private venture capitalists Greylock - the backers of Facebook - his job is to invest in technology start-ups in Israel and Europe.

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Market woes? Not as far as I’m concerned

By Candice Krieger, October 17, 2008

Property chief Robert Leigh may be forgiven for feeling a little smug. When Mr Leigh, now 29, established his commercial-property agency Devono in 2003, he received no support from the industry and was not well-received by existing agents.

Traditionally, rental-property agencies act on behalf of landlords to achieve the best deal for them. Mr Leigh's company, which he runs with business partner Adam Landau, works exclusively on behalf of tenants seeking to rent office space in London. It claims to be the only agency in the capital to do so.

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Why the PR guru sees an upbeat story

By Candice Krieger, October 10, 2008

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How green driving can cut costs

By Candice Krieger, October 3, 2008

Israeli technology entrepreneur Hod Fleishman is accelerating along a profitable path to improved fuel economy.

Mr Fleishman is the co-founder of driver-safety technologies business GreenRoad Technology, a California-based firm with offices in Israel and London. It provides in-vehicle sensors and devices aimed at reducing crashes and improving fuel economy.

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