James Miller

 

Friday, February 23, 2007

Permira

 

Permira are a private equity fund that owns quite a lot of Britain and the world. Their chief executive, Damon Buffini, is a private man and he has been interviewed on the BBC. He is getting a lot of stick for what his company owns.

This is all very interesting and just goes to show how much invisibility there is in British industry and commerce.

I don't necessary mean deliberate hiding of information, as Permira are very well known. It's just that so many British success stories never make the newspapers, TV and radio as the media is much more likely to report scandals or the problems of an irrelevant actor or pop-star, than the real stories that actually create all the money. Without that money, those that knock and promote the politics of envy, would not have a job. Let alone a decent one.

Many years ago, I helped to create a company that plans nearly half of all of the major projects in the world. We sold it in 1985 for a very sensible sum.

But did it make the papers as a seriously good news story about the success of British technology? Of course not.

0 Comments:

Post a Comment

<< Home