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Ten years ago, the iPhone hadn't been invented, the credit crunch had yet to bite, and the bottom line first came on air.

So we're marking the occasion by looking back at some of the big trends in business from the past decade, in the company of old friends.

Hello and welcome to the program, and actually a slightly special one today because it is our 10th birthday edition,

a psychologically important threshold, as they say, in the markets.

So we're going to use the opportunity to take stock of some big trends in business.

Now, back in February 2006, when we first went on air, Tony Blair was Prime Minister,

interest rates were 4.5%. Petrol was 90 pence a litre.

The iPhone had not been invented and nor had the credit crunch. In our first programme, we discussed the threat to business of a globally damaging disease called bird flu.

Well, since then, a lot has happened. So we've invited back some old friends of the program to look back

at the last 10 years and ahead, to talk about some obvious trends and hopefully some less

obvious ones too. So let's meet my guests. First up is Nicola Horlick, entrepreneur and former

city fund manager, who's been a regular on the programme right from those very early days.

And currently, Nicola, your chief executive of Money and Co, which is a crowdfunding website.

But just give us a quick canter through your career because you've had quite a few different...

Yeah, so in 2006, yes, I was running a fund management business in London.

It was quite turbulent, the

whole credit crunch thing. And we had some great successes, but we had one or two things that

went wrong as well. So there was a bit of drama surrounding that. And then I decided that

I wasn't going to invest in quoted equities ever again. So I sold all of those in 2007 and gave

back all the money to all my investors and since then have only

invested in private companies. So initially we had a private equity business and now we have a

...