The five major UK banks have lent £37.3 billion to small and medium-sized enterprises (SMEs) in the first half of this year, less than half of the agreed £76 billion target under Project Merlin.
AIM-listed Allocate Software has made its second acquisition in two months with the purchase of Zircadian Holdings as part of a strategy to build its healthcare products range.
The value of technology mergers and acquisitions has almost doubled in the second quarter of 2011, as sectors such as cloud computing and smart mobile technology continue to drive values.
Private equity group GMT Communications Partners has acquired Scandinavia-based Sverige Bygger and Norge Bygges through its portfolio company DOCUgroup for euro15.2 million (£13.3 million).
The value of technology mergers and acquisitions has almost doubled in the second quarter of 2011, as sectors such as cloud computing and smart mobile technology continue to drive values.
Private equity group GMT Communications Partners has acquired Scandinavia-based Sverige Bygger and Norge Bygges through its portfolio company DOCUgroup for euro15.2 million (£13.3 million).
Asset manager Octopus Investments has signalled a continued commitment to back the UK’s solar industry, announcing plans to raise £120 million to make further investments in renewable energy.