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What I’m reading now

The Spirit Level: Why more equal societies almost always do better, by Richard Wilkinson and Kate Pickett
Todd Hannula, chief executive, Camberwell

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Economic insight: Mahamed Djeddour

Mahamed Djeddour, senior fellow in strategy and international business at Manchester Business School, on the UK’s competitive positioning with Europe

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Going places…

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The next big thing: Flat loudspeakers

It may look like a piece of tin foil. Funnily enough that was how it all started, when Dr Duncan Billson and Professor David Hutchins of the University of Warwick experimented by using two sheets of household foil and an insulating layer of baking paper to produce sound.

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Object of desire: Paul Smith cricket ball

Normally getting a reaction from the ladies with a Paul Smith involves sporting one of his sharp suits, but with this little number you may succeed in bowling a maiden over of a different sort

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SMEs putting all their eggs in one basket

Many small and medium-sized enterprises (SMEs) are risking everything by depending on one client for the majority of their turnover.

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Alios BioPharma completes Series A round

US biotech company Alios BioPharma has secured $8 million (£5 million) from SR One, GlaxoSmithKline’s venture arm.

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Exit prospects unlikely to improve, say PE investors

Less than a quarter of private equity (PE) investors in Europe expect an improvement in exit opportunities in the coming year, according to research.

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Alios BioPharma completes Series A round

US biotech company Alios BioPharma has secured $8 million (£5 million) from SR One, GlaxoSmithKline’s venture arm.

News

Exit prospects unlikely to improve, say PE investors

Less than a quarter of private equity (PE) investors in Europe expect an improvement in exit opportunities in the coming year, according to research.

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RSA acquires Intouch

London-based RSA Insurance Group Plc has acquired Amsterdam-based rival Intouch Insurance Group (IIG) for €70 million (£59.1 million) in cash.

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Vedanta buys Goan mining business

London-based metals and mining business Vedanta Resources Plc, through its subsidiary Sesa Goa, has acquired the Goan mining assets of Dempo Group for $368 million (£225 million).

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Dhais buys Hearsavers

Dhais Plc, a Cardiff-based specialist in hearing products, has acquired Merseyside-based rival Hearsavers for £100,000. 

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Innovise on the march

Innovise Plc, a West Midlands-based software and IT services provider, has acquired rival Harbrook Consultants in an all-share deal valued at £200,000. 

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