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Virgin Active completes acquisition

Virgin Active, the health and fitness group owned by Virgin Group, has completed its acquisition of Holmes Place’s UK business.

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VCTs for live entertainment

Ingenious, a media investment and advisory business, has launched two live entertainment Venture Capital Trusts (VCTs), Ingenious Live VCT 1 and 2, which are jointly targeted to raise up to £50 million to be invested in companies producing and promoting new and established live events.

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Capital pot for aspiring tech companies

E-Synergy, an investment company, has completed a funding arrangement for its £30 million Sustainable Technology Fund just six months after being awarded the management contract by the Department for Trade and Industry.

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Lonrho plans airline float

David Lenigas, entrepreneurial boss of Lonrho Africa, says the emerging conglomerate plans an AIM float in the New Year for Norse Air, the African air charter and leasing company where Lonrho has bought a 43 per cent controlling stake for £3.15 million.

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Bad debt costs UK businesses billions

The time spent chasing late payment and the effect of dealing with bad debt is costing UK small- and medium sized-businesses an estimated 286 million man hours and nearly £3.6 billion per year, new research has found.

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Step into the dragons’ lair

The BBC is offering entrepreneurs across the country an opportunity to make that special business idea come true or for national, televised humiliation as the broadcaster seeks applicants for the fourth series of the show, Dragons' Den.

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Chameleon BioSurfaces secures funding

Chameleon BioSurfaces, which develops biotechnology for medical device companies, has raised up to £475,000 from an investment syndicate led by London Seed Capital.

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Giraffe receives 3i funding boost

Restaurant chain Giraffe has received a £10 million investment from private equity firm 3i which will be used to develop the Giraffe brand nationally in the next three years.

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Chameleon BioSurfaces secures funding

Chameleon BioSurfaces, which develops biotechnology for medical device companies, has raised up to £475,000 from an investment syndicate led by London Seed Capital.

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Giraffe receives 3i funding boost

Restaurant chain Giraffe has received a £10 million investment from private equity firm 3i which will be used to develop the Giraffe brand nationally in the next three years.

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Global milkround comes to London

Post-graduates are to be wooed by a range of international and national universities at an event to be held in London over the weekend.

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Risk is necessary for entrepreneurs, says FPB

The Forum of Private Business (FPB) has welcomed a report by the Better Regulation Commission (BRC) which identifies the emergence of a ‘culture of risk-aversion’ in the UK.

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Loewy acquires Rainier PR

Marketing agency Loewy has acquired technology consultancy Rainier PR, including its sister agencies Lighthouse PR and Custard PR.

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ValiRx reverses into Azure Holdings

ValiRx, a biopharmaceutical development company, has completed a reverse takeover of AIM company Azure Holdings.

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