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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.

News

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.

News

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.

News

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.

News

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.

News

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.

News

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.

News

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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