In the Den, and broadcast last week, The Dragons were asked to invest in a product called Shopbox, which is a secure, temperature-controlled container for groceries that are ordered online, which then became the subject of a heated discussion on the subject of patents – and a very important lesson for anybody with an invention.
Would you give your customers your products if they paid one of your competitors for them? Then why do we allow people to live in the UK, receive public sector services from the government, but pay for them in the form of taxes to another country?
It seems that the competition between major airline operators is intensifying, perhaps as a result of losses sustained in the recession, and standards of comfort and convenience for customers are improving as a result.
The recent strike action over pay and jobs at the Royal Mail is likely to cost the economy over £1 billion and many smaller businesses will bear the brunt.
The reason for the dispute centres on a pay and flexible working deal made in 2007, and which has since unraveled. The union wants reassurances over job security while the Royal Mail wants more flexible hours alongside more automated processes.