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Retail administrations protecting more jobs than stores

A higher percentage of jobs than stores are being saved, according to a study of major UK retail insolvencies.

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MedicAnimal embarks on strategic acquisition path

Venture capital-backed MedicAnimal has made an expansion play by purchasing online animal medicines, foods and grooming products retailer Petmeds.co.uk.

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Mercury Pharma sold to Cinven three years after P2P

HgCapital has sold its interest in Mercury Pharma for a value of £465 million, marking its fifteenth portfolio company realisation in three years.

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Pure Storage attracts Index as backer and targets Europe

Index Ventures has led a Series D funding round into all-flash enterprise storage company Pure Storage.

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TUC calls on government to rebalance economy

The UK economy is too reliant on the financial services sector and the government must seek to rebalance it, according to the Trades Union Congress (TUC). 

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AIM life begins for Ironveld

South African-focused iron ore business Ironveld has listed on London's AIM market and raised £3 million from institutional investors.

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VC-backed Bravo Inns drinks to landmark deal

Albion Ventures-backed pub chain Bravo Inns has acquired its thirtieth pub.

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Manchester move by iomart with Melbourne buy

Cloud and managed hosting business iomart has purchased Melbourne Server Hosting in a move which sees the AIM-listed business gain a foothold in Manchester.

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VC-backed Bravo Inns drinks to landmark deal

Albion Ventures-backed pub chain Bravo Inns has acquired its thirtieth pub.

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Manchester move by iomart with Melbourne buy

Cloud and managed hosting business iomart has purchased Melbourne Server Hosting in a move which sees the AIM-listed business gain a foothold in Manchester.

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EMEA M&A activity falls short of 2011 level

Merger and acquisition activity in the EMEA region has fallen away by 18 per cent during the first half of 2012, statistics show.

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Business creation rebounds after thousands lost to recession

Company financials service Duedil has analysed five million businesses over a period of 11 years and finds that in late 2008 the number of companies closing 'exploded'.

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New $19 million round brings new backers to Ubiquisys

Ubiquisys has taken its total venture capital fundraising to $81 million (£51.7 million) and attracted two new investors.

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Sherry Coutu joins angel investors at Duedil

Company financials database Duedil has enticed its existing investor base to follow up previous commitments with more capital.

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