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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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VC-backed company behind London Olympics beach volleyball court acquires US firm

Event services firm Arena Group, which was behind the Olympic beach volleyball court used at the 2012 London Olympics, has closed the acquisition of a US company.

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Shell sets aside ‘several hundred million dollars’ for European and American technology investments

Global oil and gas company Shell is banking on emerging technology by setting aside significant funds for investment.

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YFM Equity Partners exits Fishawack in deal with Growth Capital Partners

Medical communications agency Fishawack has a new private equity backer through a secondary buy-out deal.

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AIM-listed Metalrax to enter administration after ‘challenging’ trading period

Specialist engineering business Metalrax has suspended its shares on the Alternative Investment Market and is preparing to call in KPMG as administrators.

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Innocent Drinks founders invest in business set up by ex-Yahoo executive

The founders of the Innocent Drinks brand are investing in kids company Toucan Box through a new investment firm, Jam Jar.

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Six Degrees Group makes geographical play by acquiring London-based colocation business

Data services company Six Degrees Group has closed its thirteenth acquisition since its October 2011 launch.

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Angels and regional backer come together to back SaaS firm SocialRel8

The Finance for Business North East Finance Proof of Concept Fund has teamed up with a number of angel investors to inject a quarter of a million pounds into software company SocialRel8.

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Six Degrees Group makes geographical play by acquiring London-based colocation business

Data services company Six Degrees Group has closed its thirteenth acquisition since its October 2011 launch.

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Angels and regional backer come together to back SaaS firm SocialRel8

The Finance for Business North East Finance Proof of Concept Fund has teamed up with a number of angel investors to inject a quarter of a million pounds into software company SocialRel8.

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LED manufacturer MHA Lighting becomes third March deal for Energy & Environmental fund

A business which has previously provided lighting products for Manchester Airport has secured growth capital from The North West Fund for Energy & Environmental.

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Innovation, progress and leadership in new energy and cleantech

Alex Blackburne, editor of sustainable investment magazine Blue & Green Tomorrow, looks back at the New Energy & Cleantech Awards and forward to the future of sustainability.

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Mercia Fund Management continues with EIS transactions by backing two technology businesses

Venture capital fund manager Mercia Fund Management has chosen Warwick Audio Technologies and nanoTherics as its first Mercia Growth Fund 1 investments.

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Young entrepreneur backed by Ashton Kutcher and Stephen Fry sells Summly business to Yahoo!

A smartphone app first created by a 15 year-old UK developer in 2011 has been sold to internet firm Yahoo! for a reported £20 million.

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