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Big five banks fail in Project Merlin pledge

Lending to small and medium-sized businesses under the Project Merlin scheme has fallen short of its £76 billion target, new statistics show.

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Six Degrees receives additional finance

Managed data services provider Six Degrees Group has secured a new £25 million credit facility with Clydesdale Bank.

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Fund backs two North East businesses

The Finance for North East Technology Fund has closed investment deals with digital company MymCart and university spin-out Durham Graphene Science.

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Quick fundraising for Baronsmead VCTs

The fundraising for Baronsmead's four venture capital trusts has raised £16.54 million after becoming fully subscribed 18 days after its launch.

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MTI fund for university spin-outs

A new investment fund dedicated to university spin-outs has been launched by MTI Partners.

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Fourth investment for BGF

The Business Growth Fund has made its first Midlands investment through the £10 million backing of GCI Telecom Group.

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Inquiry looks to boost entrepreneurship

The issues of unemployment, finance and skills were among the debated subjects at the first session of the Entrepreneurship Inquiry.

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UK sees increase in permanent hirings

January saw the first rise in permanent staff appointments since September, new statistics show.

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Inquiry looks to boost entrepreneurship

The issues of unemployment, finance and skills were among the debated subjects at the first session of the Entrepreneurship Inquiry.

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UK sees increase in permanent hirings

January saw the first rise in permanent staff appointments since September, new statistics show.

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New payments provider secures backing

London-based online payment platform GoCardless has raised $1.5 million (£940,000) through a string of investors including Accel Partners, Passion Capital and YCombinator.

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Deal sees Foresight realise Factory Media investment

Foresight Group has divested its interest in adventure sports publisher Factory Media, securing the private equity firm a 2x multiple on its total investment.

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Early stage investments in UK reach £450 million

Institutional investors in the UK made 66 early stage investments worth £116 million during the fourth quarter of 2011, research finds.

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LDC backed merger for Pertemps and Network

Recruitment firms Pertemps and Network Group are to merge in a deal backed by mid-market investor Lloyds Development Capital.

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