In the past 12 months, the pound has plummeted against the dollar and the euro....
Changes anticipated in Monday’s Pre-Budget Report (PBR) include cancellation of a planned corporation tax hike and a climbdown on taxing the foreign profits of UK companies. Banking & Finance / Wednesday, 19th November 2008
Payment processor TransGlobal Payment Solutions has secured equity finance of £1 million from two venture capital firms. Banking & Finance / Tuesday, 18th November 2008
AIM-listed renewable energy specialist Zenergy Power has been awarded a grant of €475,000 (£399,000) by the European Comission. Manufacturing / Tuesday, 18th November 2008
Nordic venture capitalist firm Nexit Ventures has announced the second closing of its Infocom II fund at €75 million (£63 million). Telecoms / Tuesday, 18th November 2008
Melorio has continued its consolidation strategy in the UK’s vocational training sector by agreeing to buy two government-funded providers. Business Services / Monday, 17th November 2008
West Midlands-based entrepreneur David Grove has bought direct marketing company GI Solutions (GIS) with backing from private equity. Media & Marketing / Monday, 17th November 2008
Commercial property investment manager Orchard Street has secured £100 million of bank funding to pursue ‘exciting' opportunities in the UK. Construction & Property / Monday, 17th November 2008
AIM-listed CVS Group has increased the number of veterinary surgeries under its control to 155 after taking over The Village Animal Hospital. Healthcare / Friday, 14th November 2008
Biotronics 3D, a developer of medical imaging software intended for widespread use by doctors, has received equity investment. Healthcare / Thursday, 13th November 2008
Ludgate Environmental Fund (LEF), an AIM-listed investment company focused on clean technology, has raised £18 million of new capital. Cleantech / Thursday, 13th November 2008
A London-based electronic systems supplier to the aerospace industry has expanded its US operations by acquiring a company in Texas. Manufacturing / Thursday, 13th November 2008
Hugo Burge, the co-founder of discount travel website Cheapflights, says there are plus points to doing business in a downturn. Travel / Wednesday, 12th November 2008
Potential acquirers of young web ventures rate profitability above page impressions, according to Ben Holmes, a partner at Index Ventures. Media & Marketing / Wednesday, 12th November 2008
Kinetic Technical, a recruitment consultancy serving the oil and gas industries, has been bought by its management. Business Services / Wednesday, 12th November 2008
Aircraft engineering specialist Air Touring has become the sole owner of a German business after buying its JV partner’s shares. Manufacturing / Wednesday, 12th November 2008
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In the past 12 months, the pound has plummeted against the dollar and the euro. The Swiss franc, normally regarded as a ‘safe haven’ currency, has fallen too.
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