Monday 16 July 2012

Pioneering creator of top energy broker website is sacked

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My Best Deal was hailed only three months ago as a fast-growing success story on track to serve thousands of buyers and suppliers by the end of this year following its launch eight months ago.

But its website says the service is now "unavailable", though no hint of the strategic change was given in an announcement earlier this week of a new £10 million funding package for Castle View, the Stirlingshire-based mini-conglomerate with sales last year of £77m and profits of £1.5m.

The group, which did not respond to phone calls placed by The Herald, is understood to be now using the system internally to reduce its own procurement costs, after Mr Paterson demonstrated in a presentation that it was about to save the group up to £90,000 on a two-year office contract worth £600,000.

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