Skip to content

Entrepreneurs Panel

Laura Tenison
Jennie Johnson
Jeremy Roberts
Steve Purdham
Richard O'Sullivan
Charlie Mullins
Julie Meyer
Michael Oliver
Debbie Pierce
Brian Hay
David Pollock
Tony Caldeira

Service sector shrinks again

Britain's services sector shrank in October at its fastest pace since the Chartered Institute of Purchasing and Supply began the series back in mid-1996.

Its purchasing managers' index slumped to a worse than expected 42.4 from 46 in September, the sixth month is succession it has come in below 50, the level which indicates contraction.

The UK's construction sector contracted for the eighth month on the trot last month and at its fastest pace since the survey began 11 years ago, while manufacturing shrank for the sixth month in a row.

"However, there is at least good news in the survey on the inflation front for the Bank of England as both the input and prices charged indices retreated further to respective 13-month and 32-month lows."

Prices charged were the lowest since February 2006, while softer commodity prices dropped input prices to their lowest since September 2007.

  • Kathryn Parsons, co-founder of Decoded, started with little more than faith and determination, but four years later it’s grown into a global business. Ahead of her appearance at Accelerate 2015 in...

  • Author, writer and marketer Ryan Holiday on how entrepreneurs need to interpret failure.

  • Sue Vizard, business coach and author of Jump Start: The Start-up Book for Your Dream Business, looks at some of the questions solo entrepreneurs should ask themselves.

  • Ian Wright, founder and chief executive of NonExecutiveDirectors.com, is bringing together SMEs and NEDs - without the hefty recruitment fees.

  • Former professional golfer turned entrepreneur Colin Stevens has had a busy 18 months. The Better Bathrooms founder has increased turnover at the firm, secured a multi-million pound investment and...

Five Minutes With

Reputation is everything when it comes to running a successful business, according to Sacha Lord-Marchionne and Sam Kandel, founders of the Warehouse Project (WHP), a series of club nights featuring DJs from all over the world, which was launched back in 2006.

After travelling the world in a corporate role, Mike Wheeler decided that he had had enough of living out of a suitcase and so got a job running a small family business.