Belfast Telegraph

Wednesday 1 April 2015

Devey to join Dragons' Den team

Hilary Devey is joining Dragons' Den
Hilary Devey is joining Dragons' Den

Entrepreneur Hilary Devey is to join the team of business gurus for TV series Dragons' Den, replacing James Caan.

The businesswoman built up a multimillion-pound empire after launching her firm Pall-Ex in 1996, selling her car and home to fund it.

James stepped down from the show last month, saying he was concentrating on his "work and philanthropic interests". He has also been involved in a war of words with fellow Dragon Duncan Bannatyne.

Hilary, who runs a pallet distribution network, will join returning Dragons Bannatyne, Peter Jones, Theo Paphitis and Deborah Meaden.

She said: "At a time when the banks are failing to invest in British small businesses, I am proud to be able to do my part to support the next generation of UK entrepreneurs.

"In order to set up Pall-Ex in the mid-90s, I had to sell my house and car to get the start-up capital necessary to fulfil my business ambitions, as none of the banks appreciated my potential.

"I would have loved the opportunity to have stood before the Dragons, and I will remember my own experiences and the realities of running a business today, when choosing to support - or reject - the budding entrepreneurs joining me in the Den."

BBC2 controller Janice Hadlow said: "Hilary is a welcome and impressive addition to the Dragons' lair.

"With her extensive business experience, she will bring a new dynamic to the Den, turning up the heat on prospective entrepreneurs as they seek that all-important investment."

The series, in which budding business tycoons present ideas to bid for investment from the Dragons, has been commissioned for a further three series.

Nightlife Galleries

More

Latest Entertainment News

Latest Music News

Latest Film & TV News

Latest Eating Out News

Horoscopes

Your Horoscopes by Russell Grant

Aries:

Pay no attention to irrational fears. If the odds are overwhelmingly in your favour, you should take a risk. Turn a deaf ear to news reports that try to create panic. Listening to such dire warnings will make you miserable. You're a born adventurer who wants to see the world. Venturing into unknown places gives you a thrill. You also enjoy competing. Although a superior rival might outperform you, that's a chance you're willing to take. People admire your bravery.More