moaning entrepreneurs

“Moaning” Entrepreneurs Hit Back at Lord Sugar

“Moaning” Entrepreneurs Hit Back at Lord Sugar

Business groups have criticised Lord Sugar for dismissing struggling small-business owners as "moaners", and saying that they have no reason for complaining during the recession. Speaking at a conference for small and medium-sized businesses in Manchester, the Government’s enterprise champion and star of The Apprentice, Alan Sugar, said just 15% of those who had been refused credit during the downturn had real grounds for complaint. The remaining 85%, he said, needed an "insolvency practitioner", rather than more credit. Sugar was also dismissive of protests over bank lending to small businesses, claiming that many concerns over lending were down to younger business owners, who had only ever known the "Disney World" credit conditions of the past decade. ... »