COMPANIES An acrimonious tussle between two of Britain’s most celebrated entrepreneurs took a new twist on Monday when Sir Stelios Haji-Ioannou, founder of Easyjet, urged shareholders in Regus to turn on Mark Dixon, the office rental group’s founder and chief executive.
Regus on Monday brushed off fears about the health of the office business with stronger-than-expected results for the first four months of the year. Its net cash balance rose 14 per cent year-on-year to £115.7m, as Mr Dixon pursues a conservative financing strategy ahead of any downturn. Revenues at actual exchange rates rose 24 per cent to £335m.
