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17/10/2010

Duration:
1 hour
First broadcast:
Sunday 17 October 2010

Declan Curry hosts lively debate about the likely impact of the spending review on business and entrepreneurs.

In the studio, Andy Raynor, the boss of accountancy firm RSM Tenon; Jamie Murray Wells, entrepreneur and founder of Glassesdirect.co.uk and HearingDirect.com; and economist Rain Newton-Smith.

Reporter Steph McGovern is at a hospital in Coventry, to hear how services are faring in the city. And our Business Doctor this week is Ian Milbourn from Notion Capital. He'll be answering your questions about funding and start-ups, so email them to OnTheMoney@bbc.co.uk.

  • Declan talks to the boss of RSM Tenon

    Declan talks to the boss of RSM Tenon

    Andy Raynor is Chief Executive Officer at RSM Tenon. It's got be the UK's 7th largest firm of accountants and business advisers in the past 10 years but Andy thinks that there is still a lot more to do!
    He is a staunch defender of the entrepreneur – and believes that private entrepreneurial businesses are the source of invaluable innovation and development in the UK. The key to emerging from the current doldrums, he thinks, is to free the entrepreneur from the shackles of pointless regulation and excessive taxation.

    Finally, there has to be a bit of poetry in everyone, and Andy nicked this from the back of one of his Dad’s Buddy Rich albums 40 years ago. He still thinks it’s helped shape his life today:
    “If a man does not keep pace with his colleagues, perhaps it is because it is because he hears a different drummer. Let him step to the music which he hears…….”
    Henry David Thoreau

    www.rsmtenon.com
  • Economist Rain Newton-Smith will be discussing the spending review

    Economist Rain Newton-Smith will be discussing the spending review

    After stints at the Bank of England and the IMF, Newton-Smith joined Oxford Economics in 2008, where she is a Head of Emerging Markets. She has responsibility for forecasting and monitoring developments in China and Hong Kong in particular. The Oxford graduate is also a triathlete. In 2010, she was selected as one of Management Today's '35 women under 35', a list of high-flying young business women.

    www.oxfordeconomics.com
  • In the studio:- Jamie Murray Wells, Founder of Glassesdirect.co.uk and HearingDirect.com

    In the studio:- Jamie Murray Wells, Founder of Glassesdirect.co.uk and HearingDirect.com

    27 year old entrepreneur Jamie Murray Wells glassesdirect.co.uk 5 years ago.

    Conceived as an idea while he was at University, and launched in the front room of his parent’s house, Glasses Direct entered the market with the aim of providing cut
    price prescription glasses over the internet.

    Today Glasses Direct is the largest direct-seller of glasses in the world.

    In January 2010, Jamie launched www.HearingDirect.com, a new website selling digital hearing aids. The company has just been shortlisted in two Entrepreneurial awards, including the CBI Growing Business Young Company of the Year.

    Jamie has been a keynote speaker at the Federation of Small Businesses annual conference and has taken part in events aimed at promoting entrepreneurship to school children. More recently he has performed as a mentor in entrepreneurship schemes run by Channel 4 and the Times, as well as investing his own funds in start-ups.

    Jamie has served as an advisor on business and enterprise to both the UK's then Labour Party government and the then Conservative Party opposition. As a member of the New Enterprise Council he was an advisor for the then Shadow Chancellor, George Osborne.

    www.hearingdirect.com

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