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Only one in 20 SMEs confident of bank lending

The number of business owners confident of securing bank funding has plummeted from 73 to six per cent over the past year, according to research.

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Bearingpoint files for bankruptcy

Global IT and management consultancy Bearingpoint has filed for Chapter 11 bankruptcy protection in the US.

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Monitise moves into Africa

Monitise, whose technology enables banking transactions to be carried out over mobile phones, has secured $1.5 million (£1 million) to expand into Africa.

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Asset managers set to cut fees

Although asset management fees were stable in 2008, this year could see a greater willingness from asset managers to negotiate their fees downwards, especially in alternative asset classes, according to consultancy Mercer.

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Addison Lee acquires Premier Transport

London mini cab company Addison Lee has acquired the three connected companies that form Premier Transport Group. The cash-and-shares deal will create a combined operation with an annual turnover in excess of £18 million.

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Avoiding a mid-life crisis

Dominic Houlder, an adjunct professor at London Business School, explains how organisations can mature gracefully while remaining open to fresh ideas.

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Owner-managers postpone retirement

Four out of five business owners say they will have to retire later than they expected a year ago as the recession deepens, according to research.

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ITV offloads JFMG

ITV Network Ltd, owned by ITV Plc, has sold its 70 per cent stake in spectrum management company JFMG.

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Owner-managers postpone retirement

Four out of five business owners say they will have to retire later than they expected a year ago as the recession deepens, according to research.

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ITV offloads JFMG

ITV Network Ltd, owned by ITV Plc, has sold its 70 per cent stake in spectrum management company JFMG.

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Ten Alps acquires County Link Media

Ten Alps Plc, a media company co-founded by Sir Bob Geldof, has acquired County Link Media, the Belfast-based online television production company that has created the channel Fermanagh TV.

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Intertek closes double deal

The industrial services unit of Intertek Group Plc, an international provider of quality and safety services to a range of industries, has made two acquisitions for $40 million.

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San Leon asset boost

AIM-traded international oil and gas company San Leon Energy has agreed to acquire TSX Venture Exchange-listed Gold Point Energy in an all-share deal worth $1.5 million.

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Raven Russia to raise £125m

Raven Russia, an AIM-traded developer of warehouses and logistics parks in Russia, has announced its plans to raise £125 million via a placing.

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