Company Flotations

There are 49 cash shells - businesses with money but no trading operations - listed in London on both AIM and PLUS. And they've got close to £80 million to spend. Could your business reverse into one and pick up the cash? Robert Tyerman and Leslie Copeland report.

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One entrepreneur who will not be buying a title from the Government is David Soskin, the former merchant banker who has built online travel information company Cheapflights into a market leader and one of the few British internet companies to launch successfully in the USA.

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Guests at AIM-quoted Tanzanite One's results reception at Tower Bridge the other evening had more to celebrate than the Bermuda-domiciled company's trebled annual profits.

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Mikhail Abyzov, boss of Russia's second largest coal company Kuzbassrazrezugl, has pre-empted Richard Budge's plan for a stock market comeback by buying his Powerfuel vehicle.