Business

Richard Desmond set to sell Channel 5

By Rosa Doherty, January 8, 2014

Media tycoon Richard Desmond is considering selling Channel 5, for several times his original investment.

Mr Desmond bought the broadcaster for £103.5 million in 2010 and, according to reports, is hoping the channel will now fetch £700 million.

The media tycoon, who also owns the Express and Star newspapers, has appointed Barclays to handle the sale.

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Peston on UK elections and economy

By Sandy Rashty, January 2, 2014

In March, Robert Peston will step down from his post as business editor of the BBC. But as the corporation’s new economics editor, the 53-year-old journalist is not going too far.

He tells the JC that the new role will provide new challenges and simultaneously allow him to maintain a work-life balance.

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Don’t spend unnecessary cash on your next holiday abroad

By Martin Lewis, December 25, 2013

Here’s a New Year’s resolution. If you plan to go abroad, don’t pay more than is necessary. Too many people overspend on foreign shores, so I’m going to explain how you can save with perfect exchange rates.

HOLSTER UNBEATABLE EXCHANGE RATES

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Dishing up Michelin reviews from fine diners

By Rosa Doherty, December 25, 2013

“Rochelle is a very nice lady. If she is representing a restaurant I always give it a fantastic review — even if it’s absolutely crap.”

In his own way, top food critic Giles Coren has commended Rochelle Cohen, a driven public relations entrepreneur who has run her PR company for restaurants, for more than 20 years.

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Global sports gaming is our top goal

By Daniel Easterman, December 20, 2013

For many UK citizens, sports betting and fantasy football are popular pastimes.

At least four million people in the UK play fantasy sport games, according to London-based entrepreneur David Galan, who has fused the football and betting industries with his gaming company, Picklive.

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Hunger-strike businessman exits Bolivia jail

By Sandy Rashty, December 19, 2013

A Jewish businessman has returned to the US after being detained in Bolivia for more than two years on suspicion of money-laundering.

Jacob Ostreicher, 53, who managed a multi-million pound rice-farming venture, was arrested in Santa Cruz and detained for 18 months without charge in Palmasola prison from June 2011, before being put under house arrest.

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Knickers are downloaded as couple produce underwear on 3D printer

By Jonathan Kalmus, December 19, 2013

Mornings when you cannot find a pair of clean pants could be a thing of the past thanks to an Israeli couple whose revolutionary technology makes it possible to download a pair of new knickers through 3D printing.

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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.

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UK-Israel bridge built on innovation

By Charlotte Oliver, December 16, 2013

In 2011, UK and Israeli political and business leaders set up the “Tech Hub” at the British Embassy in Israel.

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Top women are now leading the world of high finance

By Alex Brummer, November 22, 2013

The departure of Angela Ahrendts from Burberry and Marjorie Scardino from Pearson has left Britain’s FTSE100 boardrooms woefully short of women chief executives.

But in the world of high finance, it is becoming a very different story.

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