Ray - baker street - Ray Baker: County veteran now directing Public Library.

This year, the company is celebrating its 25th anniversary. Ted Baker shares have marked the occasion by almost doubling in 2013 from £11 to a high of more than £20. Although the share price has retreated recently, the City sees Ted Baker as a new British success story in the luxury fashion world, despite being less than a sixth of the age of Burberry.

Libraries are just as important, if not more so, than they were 25 years ago, Mr. Baker said. He has seen literature going back as far as 1973, long before the onset of the Internet, that was predicting the doom of libraries, and he still hears from a lot of people asking why libraries are relevant.

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