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You’ve got to hand it to Richard Branson. He keeps on coming up with new ideas. The latest, Virgin Galactic, will send paying passengers into space. In an era in which high oil prices and a shrinking consumer economy are squeezing the conventional holiday industry, Sir Richard has his eye on government support for the space industry to create a whole new concept in tourism. (more…)

Is this a good time to start a business? The  Institute of Chartered Accountants thinks so. They point out that the Walt Disney Corporation, Hewlett-Packard and Microsoft all stasrted during an economic downturn, and it considers that the current recession is an opportunity for business growth. Which it may well be. But just because it was the right time for them, it does not necessarily mean that it is the right time for you! (more…)