Anyone who's been watching the Red Letter Day saga this week may already know that the company's been bought - The Guardian reports on it here. One of the judges on the TV programme, Dragon's Den, has bought it from the owner, Rachel Elnaugh, who's also one of the judges.
Which puts an odd complexion on the whole affair. It means that the experts on a programme whose selling point is its ruthlessness in business, and its ability to bring home the hard-nosed commercialism of the business world to the viewer - and it's riveting, and these aren't bad things - have now taken to rescuing each other. From the comments the auditors make in the Guardian report you can't help but wonder how hard-nosed the decision actually was - it'll be fun to watch this one play out, and it would be fascinating to hear what Elnaugh has learned once the immediate crisis has settled and she feels she can talk about it.
Elsewhere, predictably enough most of the attention is on whether there'll be an interest rate cut tomorrow; The Times adds to the evidence that suggests there should be, as do The Independent and the Daily Telegraph.
The Daily Telegraph, though, also has more bad news for public spending and the figures the Chancellor is working with - expect more tax hikes, they're hinting - that'll be a double whammy if you live in London, says The Times.
