Business

There’s more to Israel than start-ups

By Hugo Bieber, April 4, 2014

There are a wealth of opportunities in Israel and these need to be brought to the attention of British investors.

Israeli companies go far beyond “start-ups” and are now looking to grow.

That is why UK Israel Business, which prides itself on building trade links between the two countries, ran the first-ever Israel Private Equity Opportunity Summit in London last month.

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Dan Gillerman: still an envoy, this time for business

By Daniel Easterman, April 4, 2014

“There is no political risk at all when investing in Israel,” says a confident Dan Gillerman, the former Israeli ambassador to the United Nations.

“Israel has survived so many crises, so many wars and so many challenges that it has proved without any doubt how resilient it is.

“We have prevailed and our industry and economy has excelled in times of challenges.”

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Wonga boss Errol Damelin to quit lending firm

By Marcus Dysch, March 31, 2014

Wonga chairman Errol Damelin is expected to leave the money-lending firm later this year.

His likely departure comes as a new City regulator - the Financial Conduct Authority - prepares to impose tougher rules on lenders when it takes control of the industry on Tuesday.

South African Mr Damelin co-founded Wonga with fellow Jewish businessman Jonty Hurwitz in 2006.

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H&M withdraws 'offensive' star of David top

By Sandy Rashty, March 24, 2014

A high-street fashion chain has withdrawn a line of vest tops emblazoned with a skull at the centre of a large star of David.

H&M, which has 3,100 stores across 53 countries, confirmed that the men's vest top was removed on Monday morning in the wake of complaints from angry shoppers.

“The order has been stopped and the others have been pulled,” said a H&M spokeswoman.

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Covent Garden family pharmacy to close

By Sandy Rashty, March 21, 2014

One of the last independent shops in the Covent Garden area of central London is to close this week, with its Jewish founders blaming high rents and rates for making the business unsustainable.

The Garden Pharmacy was opened by grandparents Harry and Connie Ganz in 1984.

Surrounded by London’s top theatres, its customers include actors Rupert Everett, Simon Callow and Amanda Barrie.

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‘Happy days’ for Israeli trade as delegation comes to Downing Street

By Sandy Rashty, March 21, 2014

A 30-strong group of Israeli companies specialising in retail and water technology were welcomed to Downing Street last week, in a ground-breaking bid to strengthen trade ties with the UK.

Heads of British corporations, from Marks and Spencer to Tesco and ASOS, were full of praise after attending events from Downing Street to the BT Tower and Science Museum.

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Let’s not swipe bank accounts that give back

By Martin Lewis, March 20, 2014

Bank accounts were once ugly creatures that bit hard when you went overdrawn, and gave nothing back when you were in credit.

Most still do that. But a few innovative gems are starting to sparkle. So instead of bank-bashing, I’m going to applaud the accounts that pay.

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Now that’s what we call an exchange

By Daniel Easterman, March 20, 2014

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.

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Cameron's Israel visit is all about the trade

By Alex Brummer, March 13, 2014

In the recent past, visits by British leaders to Israel have all been about diplomacy and gesture politics. David Cameron cannot ignore the peace talks during his brief visit to the Jewish state nor can he completely deviate from the Foreign Office’s agenda of halting settlement expansion.

But the reality of the Prime Minister’s visit is that it is all about trade and technology.

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Cameron tells Knesset that Britain’s commitment to Israel’s security is rock solid

By Anshel Pfeffer, March 13, 2014

SCROLL DOWN FOR AUDIO OF DAVID CAMERON'S SPEECH TO THE KNESSET

On the face of it, the barrage of rockets fired from Gaza into southern Israel, a giant row over laws passing through the Knesset and the chaotic fall-out from a Foreign Ministry strike all threatened to overshadow Prime Minister David Cameron’s visit to Israel this week.

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