Migrant entrepreneurs can have a profound effect on their communities; they create jobs for local workers and growth for the wider economy. Yet, with media narratives reinforcing the popular notion that immigrants come to the UK to take our jobs and claim welfare, the story of migrant entrepreneurs …
First published in the Financial Times on 26th August 2014.
It was the best of times, it was the worst of times: the famous opening phrases of Charles Dickens’ novel A Tale of Two Cities could apply to the current climate for start-ups. I have never known a period with such contrasting business conditions; it is difficult to know whether to be an optimist or a pessimist.
The support for entrepreneurs has never been greater – from banks being bullied by government to lend to small …
First published in the Financial Times on 12th August 2014.
Rising wealth has created demand to own a place in the sun, snow or countryside.
When entrepreneurs sell their companies, the first big purchase they make is usually a second home. And now is the time of year when those who can migrate to their holiday retreat, be it in Cornwall, Saint-Tropez, Martha’s Vineyard or the Hamptons.
But do such vacation residences make any economic or emotional sense?
I estimate there are at …