Lord Sugar slammed for criticising 'moaning' entrepreneurs

  • Lord Sugar, star of The Apprentice, called some business owners 'moaners'
  • He said most of the complaints about banks from entrepreneurs are unfounded
  • FPB chief executive said the comments were 'misguided' and 'worringly dismissive'

The Apprentice star Lord Sugar has been criticised by a lobby group for calling small business owners 'moaners' and saying that most have no grounds for complaint.

According to reports, the government's enterprise champion made the controversial comments at an event in Manchester. Speaking to delegates, the straight talking millionaire said: "I can honestly say a lot of problems you hear from people who are moaning are from companies I wouldn’t lend a penny to.

"The problem is that some younger people who have lived through the last ten years or so of business — and prior to that ten years they may have just come from education — they think the irresponsible manner in which the banks dealt is the norm. Let me tell you, you lived in the Disneyworld, you have lived in the unrealistic Disneyworld in the way banks dished out money."

To read the rest of the article you'll need to log in below

If you've forgotten your details click here for a reminder.

If you haven't got an account, it's free to set up and only takes a minute,
click here to register

Create your FREE BusinessZone.co.uk account to:

  • Access all articles in full
  • View multimedia
  • Receive email bulletins
  • Send private messages
Register now

Login

Forgotten your password?

Sir Richard Branson's pitching tips

To put Sir Richard Branson's ideas into practice and be in with a chance of winning £50,000 of business support, enter The Pitch 2012 today.

BusinessZone TV

Dragons' Den judges James Caan and Deborah Meaden and social entrepreneur Karen Darby are some of the successful entrepreneurs who feature in our exclusive videos. Watch here.

Do you tweet?

Join our social media discussion group and share your Twitter username with other BusinessZone members. Click here.

Book Club

We've got lots of free books to give away; all you've got to do is review them! Join our Book Club.