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Feargal is top boss

SENATOR Feargal Quinn has been hailed as the most admired entrepreneur in a survey of small businesses.

The Superquinn mogul (right) is the one that most Irish entrepreneurs look up to, followed by Aer Arann's Padraic O Ceidigh and Dragons' Den's Bobby Kerry and Norah Casey.

Virgin billionaire Richard Branson ranked as the highest among UK respondents.

A total of 50pc of Irish respondents cited 'reduced consumer spending' as the main cause of small businesses failing, while 28pc cited 'lack of funding', according to a survey of over 1,000 small firms.