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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.

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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.

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Springfield Homecare Services makes first Business Growth Fund-backed acquisition

Business Growth Fund portfolio company Springfield Homecare Services has closed its first acquisition since the business was supported by the bank-backed fund in June 2012.

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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.

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CVC Capital Partners and Betfair clarify status on takeover bid

Betfair has responded to rumours that CVC Capital Partners may be about to launch an acquisition bid for the business by saying that 'there can be no certainty that an offer will be made'.

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LVMH adds to portfolio by backing growth efforts of Australian boot brand R.W. Williams

Luxury goods group LVMH has invested an undisclosed amount into clothing and footwear retailer R.M. Williams.

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Tech City mapper Duedil attracts Spotify investor and Notion Capital to its Series A round

Private company financials business Duedil has raised $5 million through a Series A funding round.

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Kurt Geiger backer Graphite Capital sells Optimum Care to Terra Firma business

The private equity firm behind investments in Wagamama and Paperchase has sold its stake in Optimum Care through a trade sale.

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Tech City mapper Duedil attracts Spotify investor and Notion Capital to its Series A round

Private company financials business Duedil has raised $5 million through a Series A funding round.

News

Kurt Geiger backer Graphite Capital sells Optimum Care to Terra Firma business

The private equity firm behind investments in Wagamama and Paperchase has sold its stake in Optimum Care through a trade sale.

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Kidsunlimited bought by US-based childcare provider

Private equity player LDC sees exit in childcare sector as nursery care provider kidsunlimited is acquired.

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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.

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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.

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MabLyte and Watertronix backed by new Mercia Fund Management hybrid EIS and SEIS fund

Two new investments for Mercia Fund Management has kicked off its Mercia Growth Fund 1 efforts.

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