Ratner seeks corporate rehabilitation in fitness

Old sins, and old speeches, cast long shadows

Old sins, and old speeches, cast long shadows. Gerald Rather, former head of the ill-fated cut-price jewellery empire which bore his name, told a BBC business programme this week that he is weary of carrying the legacy of that infamous bad business joke which precipitated the collapse of the his retail jewellery empire. Five years later Ratner is clawing his way back to the top, intent on developing a chain of luxury fitness and leisure clubs.

In "Trouble at the Top", cameras followed the trials, tribulations but ultimate success of his first independently financed venture, a leisure centre in Henley. Ratner had to surmount problems with builders, suppliers and management associates to get the business up and running within a tight three month time frame. A few potential clients, on hearing the Ratner name, got cold feet, the project not helped by mischievous publicity in Private Eye. Nonetheless, the club is now operating profitably. "Trouble at the Top", screened on Wednesday on BBC2, will provide five more flyon-the-wall insights on practical and financial mamagement dilemmas. Worth watching.