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FSA report finds banks mis-sold 90 per cent of rate swaps and orders review

A study from the Financial Services Authority has ordered high street banks including Barclays, Lloyds, HSBC and RBS to review interest rate hedging products.

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Former Dragons' Den pitcher founds website linking entrepreneurs with investors

An entrepreneur who was successful in securing a £100,000 from Duncan Bannatyne on Dragons' Den has launched a business site offering people the opportunity to pitch to investors.

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Solfex Energy Systems sold to trade buyer Travis Perkins

Portfolio company Solfex Energy Systems has been sold by Panoramic Growth Equity netting the firm an IRR of 62 per cent.

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The North West Fund for Biomedical moves past £10 million mark with LumbaCurve backing

A £125,000 equity investment allocation has been secured by LumbaCurve International to aid in its efforts to conduct market development and a clinical effectiveness study for its lower back pain treatment.

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Europe feels the pinch as VC deals slip further

Venture capital investment experienced a weak quarter at the end of 2012 as it fared badly against the same period in 2011.

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Encore Capital offloads Probikekit.com to The Hut Group

The Hut Group has continued with its acquisition drive by acquiring Probikekit.com from Encore Capital and the company's management team.

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Two new venture capital backers for NewVoiceMedia

NewVoiceMedia has taken its venture capital takings to £19.2 million on the back of a Series B funding round.

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Nokia Growth Partners dials up new $250 million allocation for mobile investment

The corporate venture arm of mobile phone manufacturers Nokia has unveiled its third investment fund and set aside $250 million (£159.1 million) for deals.

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Two new venture capital backers for NewVoiceMedia

NewVoiceMedia has taken its venture capital takings to £19.2 million on the back of a Series B funding round.

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Nokia Growth Partners dials up new $250 million allocation for mobile investment

The corporate venture arm of mobile phone manufacturers Nokia has unveiled its third investment fund and set aside $250 million (£159.1 million) for deals.

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Healthcare buy for London-listed Cello

Cello has made its first acquisition of the year by adding Mash Health to its roster of companies.

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Trade exit for Smedvig Capital as it sells Selstor business

London-based venture capital fund Smedvig Capital has sold its interest in self storage business Selstor to a trade buyer.

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Irish biotech firm Algae Health nets funding to target exporting

An investment of €1 million (£854,000) is set to allow biotech business Algae Health to recruit an extra 23 people in the coming three years.

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Etsy buys mobile app start-up Mixel to develop its own offering

A US-headquartered e-commerce platform for vintage products and handmade items has bought Mixel.

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