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Recession? Enjoy it, says Paphitis

February 18, 2009 18:48

By

Candice Krieger,

Candice Krieger

1 min read

Has Dragons’ Den judge Theo Paphitis got himself a new pair of glasses? Specifically, rose-coloured ones?

The retail entrepreneur believes we are “very lucky” to be living through this recession. Speaking at a Norwood Young Finance reception last week, a spirited Mr Paphitis told more than 200 business professionals: “This is the most exciting working period of my life. There are more opportunities now than there have ever been.

“You are very lucky to be living through this. You will never ever see it again.” Let’s hope so.

Meanwhile, over in Davos, property grandee Sir John Ritblat, the former chairman of British Land, also had some words of comfort for the public.

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