Business chiefs say their advice ignored in No 10’s race reportEnterprise section ‘laughably simplistic’ and looked to TV programme Dragons’ Den for answers While the commission acknowledged that BAME business owners were disproportionately declined for lending, it also claimed ‘there is no evidence of racial discrimination by banks’. Photograph: Westend61 GmbH/Alamy Stock Photo
Last week, the Standard revealed how the business titans of the BBC’s Dragons Den have missed out on billions after declaring ‘I’m out!’ to entrepreneurs who have gone on to enjoy spectacular success. Back in 2007, reggae singer and chef Levi Roots pitched his spicy Reggae Reggae Sauce to the Dragons’ and successfully managed to secure £50,000 to manufacture his product. In return, Levi Roots was offering 20% of the equity in his business.