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ECI Partners backing for Citation as it brings in new chairman

Private equity firm ECI Partners has purchased a majority stake in Citation to allow the employment law and health and safety advisory firm to target future growth.

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News

Recite Me nets return backing from Northstar Ventures as it banks on legislation demands

Northstar Ventures' Finance for Business North East Accelerator Fund has backed a Gateshead-based company which helps those who are dyslexic and visually impaired use the internet.

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BuzzFeed aggregates investors to lock up $19.3 million of new funding to drive social expansion

Social news aggregator BuzzFeed has closed a Series D funding round and outlined intentions to open a London office in 2013.

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E-commerce lending platform iwoca attracts Beyond Digital as venture backer

Loan provider iwoca has received capital itself through a funding round led by Beyond Digital.

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Comet, La Senza and JJB Sports amongst surge of 2012 retail administrations

The number of retail insolvencies in the UK has grown by 6 per cent over figures from 2011, new research shows.

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James Caan-fronted Start-Up Loans scheme nets extra government cash

A £35 million increase to the coalition government’s Start-Up Loans scheme has pushed the amount available to prospective entrepreneurs over the £100 million mark.

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Avis drives off with car sharing business after snapping up Zipcar

Car sharing business Zipcar has been acquired by Avis Budget Group through a deal worth $500 million (£307 million).

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Instant nets £16 million of investment capital from MML

Private equity firm MML has taken out a minority investment in office services business Instant.

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Avis drives off with car sharing business after snapping up Zipcar

Car sharing business Zipcar has been acquired by Avis Budget Group through a deal worth $500 million (£307 million).

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Instant nets £16 million of investment capital from MML

Private equity firm MML has taken out a minority investment in office services business Instant.

News

Top investment and business stories of 2012

Following a busy 2012 when entrepreneurs continued to defy the economic headwinds that threaten to derail growth, GrowthBusiness has listed the news which hit the heights of top story each month.

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Past Bank of Scotland chief executive Peter Burt to chair business bank advisory body

Former chief executive for the Bank of Scotland Peter Burt will chair a group tasked with advising the government on the framework of the new business bank.

News

Collective redundancy period cut from 90 to 45 days following six-month consultation

A number of alterations to employment legislation are set to be implemented after a government-led consultation launched in June returned its results.

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Rangers FC joins AIM as ‘Buy Rangers’ scheme contributes £250,000

Scottish football club Rangers has joined the Alternative Investment Market having initially declared its desire to back in early October.

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