Derbyshire Rich List 2023: The 11 richest business owners in Derbyshire and how much they're worth
Insider Media published its annual list with many Rich List regulars having seen their businesses struggle over the past year and some have dropped out of the annual wealth rankings.
Higher energy costs, steeper prices raw material prices and double-digit inflation on consumers have hit companies operating across the economy.
The most high-profile departure is the Wilkinson family. Their high street retailer Wilko slid into administration in August and a run of dividends taken by the discounting dynasty were not sufficient to meet the £110m entry level for this year’s Rich List.
Matt Gowar is one of the debutants. He has successfully bought and built up two outdoor clothing brands: Lowe Alpine and Rab.
Gowar’s Derbyshire-based group Equip has tripled profits over the past year, prospering from the staycation boom of recent years as well as strong exports.
Warm and sunny Cadiz, in South-West Spain, back in 2016, feels like a world away from rainy Britain in late November 2023. But it was there that one Joaquin Garcia, a civil servant, managed to be absent from his job supervising the construction of a waste water treatment plant for six whole years whilst still being paid.
Drugmakers are seeking to limit their reliance on Chinese contractors who produce drugs used in clinical trials and early-stage manufacturing, a move that is benefiting rivals in India, according to interviews with 10 industry executives and experts. China has for nearly 20 years been the preferred location for a range of pharmaceutical research and manufacturing services due to the low cost and speed offered by contract drugmakers there. That is leading some biotech companies to consider using manufacturers in India to produce active pharmaceutical ingredient (API) for clinical trials or other outsourced work.
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A recent study from T. Rowe Price showed that about 20% of retirees continue to work, on either a full-time or part-time basis. While some of these workers need the money, many simply work for a sense...
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