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Northern Bear on the prowl

Acquisitive building services and materials concern Northern Bear has increased annual pre-tax profits 26 per cent to £2.85 million.

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Cash is king for consumers

More money was withdrawn from cash machines in May than in any other month since records began, according to LINK, the ATM operator.

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Funding boost for Tanfield

Electric vehicle maker Tanfield will receive £1.6 million funding to develop and trial vehicles from the Government's Technology Strategy Board.

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More acquisitions for CloserStill

Private equity firm NVM has said it will back further acquisitions in the exhibitions and events industry for portfolio company CloserStill.

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Solar power technology company in funding boost

Enecsys, a Cambridge-based developer of technology to increase the effectiveness of solar power systems, has secured $10 million (£6 million).

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New fund for green UK businesses

Triodos, an "ethical" bank, has launched a fund to invest in growing cleantech businesses in the UK under the Enterprise Investment Scheme.

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Frog Capital doubles recycling company stake

London-based venture firm Frog Capital has doubled its stake in industrial recycling business SiC Processing by purchasing shares from other investors.

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Lending low for businesses

Lending to businesses fell by the largest amount in nine years over May, says a report by the Bank of England.

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Frog Capital doubles recycling company stake

London-based venture firm Frog Capital has doubled its stake in industrial recycling business SiC Processing by purchasing shares from other investors.

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Lending low for businesses

Lending to businesses fell by the largest amount in nine years over May, says a report by the Bank of England.

News

NetPlay slashes loss

Acquisitive interactive gaming concern NetPlay TV cut annual pre-tax losses from £4.3 million to £993,000 on doubled turnover. 

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TEG in £3.2m takeover

Environmental technology specialist TEG Group has raised £1.9 million at 40p to help buy Norfolk-based Banham Compost

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Axis Three raises £2 million

Surgical simulation company Axis Three has raised £2 million from new and existing investors to accelerate sales and marketing efforts.

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HCEG opts for debt swap

Embattled Healthcare Enterprise Group (HCEG) has agreed a debt-for-equity deal with creditors including director and serial investor John Gunn.

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