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Fry says ‘no quick sell out’ for first start-up

Writer and comedian Stephen Fry says he has ‘no ambition to get a quick valuation and sell out’ after backing his first technology start-up, internet commenting service Pushnote.

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News

Ingenious VCTs backs retro with £1 million

Retro music event, 80s Rewind Festival, will launch a sister festival in Scotland and plans to expand internationally after securing £1 million from specialist media sector investor Ingenious Entertainment VCTs.

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Viridor in clean deal

Recycling business Viridor Waste Management has acquired Swinnerton Environmental for £1.8 million.

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Shazam and Spotify partner for mobile

Venture capital-backed online music providers Shazam and Spotify have announced a partnership to improve their range of products for mobile users.

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MITIE commits £10 million to fund for entrepreneurs

Outsourcing company MITIE has launched a fund of £10 million to back new business start-ups in the UK.

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Retirement age changes to hit business

The government’s abolishing of the retirement age will squeeze British businesses and could lead to ‘more unpleasant and costly legal action’, says the CBI.

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Three year-end exits for Pond

Pond Venture Partners has announced the venture capital firm exited three portfolio companies in the final quarter of last year.

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Morrisons bags Netto stores

UK supermarket chain Morrisons is to acquire 16 former Netto UK stores from rival Asda for £28.1 million.

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Three year-end exits for Pond

Pond Venture Partners has announced the venture capital firm exited three portfolio companies in the final quarter of last year.

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Morrisons bags Netto stores

UK supermarket chain Morrisons is to acquire 16 former Netto UK stores from rival Asda for £28.1 million.

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Plant Health Care prunes US branch

Plant Health Care has sold its US landscape and retail business to lawn care company Lebanon Seaboard Corporation for £2.9 million.

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RateSetter adds £600,000 for marketing

Peer-to-peer lending business RateSetter has raised £600,000 from existing and new investors in a fundraising round that will support marketing campaigns.

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MCR sells Malbern Windows & Doors

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MMC buys stake in Interactive Investor

Venture capital firm MMC has invested £1.8 million in the finance media company Interactive Investor, acquiring a significant minority stake in the business.

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