All Business News

Capital pots: The number of cash shells in London is growing rapidly

London cash shells now hold £572.3 million for burgeoning businesses

The number of cash shells listed on London exchanges has grown from 64 to 91, the latest Cash Shells Directory finds.

Private equity deals have been hit hard in the first quarter

Private equity deal value takes hit in first quarter of 2013

Raising bank debt considered an obstacle to completing transactions.

The government's plan to reduce red tape isn't working, according to some

Doubts over effectiveness of government pledge to cut red tape for business

Eyebrows are raised over an increase in the number of new laws introduced by the government.

Future innovation: Firms backed are pursuing agendas such as energy efficiency

Government dishes out £21 million to stimulate low carbon entrepreneurial innovation

The Department of Energy and Climate Change has allotted £21 million to a group of entrepreneurs bringing low carbon products to market.

Thumbs out: Banks including Santander are increasing EFG lending

Naming and shaming of banks leads to ‘significant improvement’ in Enterprise Finance Guarantee scheme lending

Lending to small and medium-sized businesses through the government's Enterprise Finance Guarantee has risen by £20.1 million over the last quarter of 2012/13.

Investor interest: Start-ups will pitch to venture capitalists as part of the process

Boris Johnson-endorsed start-up competition launched by Salesforce.com and three prominent venture capital firms

Salesforce.com is teaming up with three UK venture capital firms to create a competition for European start-ups creating enterprise cloud apps on the company's platform.

Entrepreneurs are not up to scratch with details, and also don't know the basics

EIS and SEIS failing on awareness and eligibility fronts

The Enterprise Investment Scheme and Seed Enterprise Investment Scheme are failing to register on the radar of UK entrepreneurs, despite having been around since 1994 and 2012 respectively.

Businesses set to benefit from government rethink of share buy-back system 

Companies with employee ownership will welcome deregulatory changes.

Shares: The coalition is hoping to mirror what John Lewis has done with its staff

Entrepreneurs reject business bank and shares for rights and call for national insurance cuts

The government's business bank and employee ownership initiative are not the way forward, says a survey of 300 UK entrepreneurs.

Mervyn King: The Bank of England governor is stepping down in July

Funding for Lending extended and ‘heavily skewed’ towards SMEs

The government's flagship business finance initiative, the Funding for Lending Scheme (FLS), has been extended until January 2015 and has been given a small business incentive.

High growth SMEs: Unsurprisingly, London has the highest proportion

High growth companies in the UK rise by 10 per cent, says Business Growth Fund

The Business Growth Fund has identified 4,353 medium-sized enterprises which it says are showing 'high levels' of growth.

Founding member: Russ Shaw has held roles at Skype and Telefonica

Russ Shaw’s Tech London Advocates founded with Saul Klein and Sherry Coutu

Technology heavyweights including Sherry Coutu, Saul Klein and Julie Meyer are coming together to form Tech London Advocates with the aim of strengthening London's tech and digital business hub.

Gulf business: Boris Johnson would like more firms to expand to the Middle East

Boris Johnson and Joanna Shields use Dubai trip to cement tie between technology clusters

London mayor Boris Johnson has used a visit to Dubai to forge a closer relationship between the two cities' technology sectors.

Business aid: Michael Fallon (left) at a recent visit to Nissan in Sunderland

Government’s red tape effort leads to creation of new fund for business and regulation collaboration

National regulators can now bid for sums of up to £20,000 to initiate 'business-friendly' enforcement of regulation.

Music scene: Red Bull already has exposure to Formula 1 and television

Red Bull Amplifier accelerator targets start-ups in the music space

Energy drinks brand Red Bull has launched a business accelerator aimed at cultivating innovative music-orientated start-ups.

New tact: It's hoped the business bank will make access to capital easier for SMEs

First stage of Vince Cable’s business bank kicked off with initial £1 billion kitty

Business secretary Vince Cable has unveiled the first phase of the government's new business bank, its latest initiative to encourage lending to SMEs.

All change: Mark Florman (pictured) took over from Simon Walker in January 2011

Further shake-up at the BVCA as Mark Florman relinquishes chief executive post

A week after Simon Clark was appointed as chairman of the British Private Equity and Venture Capital Association, chief executive Mark Florman has resigned to take up a different position.

On the dotted line: Contracts are exchanging more and more in the private sector

UK M&A in private sector surges to near pre-recession levels

Private company mergers and acquisitions in the UK has risen by 50 per cent in terms of value, new figures show.

Red tape: Also changed is the age kids can buy christmas crackers, from 16 to 12

Government declares 'freedom day' for SMEs as it cuts red tape

As part of the government's Red Tape Challenge, a number of regulations are set to be changed or scrapped.

On the up: Activity grew at the fastest rate since the Olympics-related upturn

UK services sector posts encouraging start-of-the-year figures

Incoming new work has contributed to the fastest growth seen in the UK services sector for over half a year, new figures show.

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The Entrepreneur

Quality not quantity: David Barker was careful not to get clients from one sector

Diversifying the client base at launch and learning to say ‘No’ 

David Barker reflects on resisting the temptation to say 'Yes' to the first offer when he opened his data centre, and how choosing instead to diversify his client base at launch has enabled 4D Data Centres to maintain rapid growth in a recession.

Growing A Business

Drip, drip: Leaks within the corporate world can be costly on many fronts

Corporate leaks: How to prevent and investigate if they occur

Bob Mecrate-Butcher, partner at Charles Russell, looks at how corporate leaks can first be prevented and then plugged when they do occur.

Comment & Analysis

Channeling Instagram for start-up success

That a team of 13 could build a business worth $1 billion should be the inspiration that all entrepreneurs need.

Research

Source of growth: There are 64 UK-listed cash shells holding £237.9 million

The rise of cash shells

New research from GrowthBusiness shows that the number of UK cash shells is climbing. We speak to new entrants to the market and those that have recently closed deals to find out what’s driving shells’ increasing popularity.