Home » News » Page 591

Category

News

Sleepless nights for worried workers

British workers are losing sleep due to work pressures and when they do manage to nod off work is invading their dreams. Alarmingly, a significant number have called their spouse by their boss’s name! These disturbing statistics have been brought to you through a survey from printer manufacturer Lexmark.

News

News

Minimum wage laws flouted

British workers were underpaid to the tune of over £3 million by employers paying below the minimum wage last year, with some outrageous excuses (including ‘they are a total waste of space – they do not deserve it,’) being offered, according to HM Revenue & Customs.

News

Biocare for AIM

Biocare Solutions, the developer and manufacturer of environmentally friendly household cleaning products, is seeking to raise £6.25 million ahead of an expected AIM float later this month. KBC Peel Hunt will act as broker and adviser.

News

Skills crisis in Britain

One in three employers refuse to train their staff, according to a report from the Trades Union Congress (TUC), which claims this is creating a skills crisis in Britain and leaves over eight million untrained. The TUC report, 2020 Vision for Skills, reveals 8,377,200 workers have not been trained.

News

TriVest’s special delivery

TriVest – the venture capital trust co-managed by private equity firms Matrix, Foresight and Nova – has completed a profitable exit from Secure Mail Services, the Northampton-based provider of specialist mail and package delivery services. On Matrix’s advice, TriVest backed the business in 2002 and has seen the value of its stake rise from an initial £1.3 million to £4.2 million in that time.

News

£10m for Keronite

Keronite, the developer of new metal-coating process that hardens the surface of aluminium and magnesium alloys, has concluded a £10 million funding round backed by hi-tech VCT firm Quester (£1.3 million) and private investor network Hotbed (£2.7 million) among others.

News

Rubicon heads to market

Rubicon Software, which develops customer relationship management applications for the financial services sector, is eyeing an AIM launch for 6 September – having raised £770,000 (£430,000 net of expenses) from investors with the aid of broker and adviser WH Ireland.

News

Velosi looks to AIM

Velosi, which offers a range of services to the oil and gas sector, is currently in the throws of a £10 million share placing ahead of its imminent AIM arrival.

News

Rubicon heads to market

Rubicon Software, which develops customer relationship management applications for the financial services sector, is eyeing an AIM launch for 6 September – having raised £770,000 (£430,000 net of expenses) from investors with the aid of broker and adviser WH Ireland.

News

Velosi looks to AIM

Velosi, which offers a range of services to the oil and gas sector, is currently in the throws of a £10 million share placing ahead of its imminent AIM arrival.

News

Bridges catches Chill

Bridges Community Ventures has committed £3 million to a new project to build England’s first real snow Alpine village.

News

Probability’s AIM call

Mobile gambling services business Probability is seeking to raise just over £4 million from investors (through a placing at 76p) ahead of its anticipated AIM launch later this month.

News

Lion gobbles Kettle Chips

Private equity house Lion Capital is set to swallow premium crisp maker Kettle Foods. London-based Lion should complete the transaction within a month, once the regulators have digested the details.

News

Matrix assumes full control at TriVen

TriVen, one of only two VCTs hitherto presided over by a triumvirate of fund managers, is to pass control of its entire portfolio of Matrix Private Equity as it bids to ‘streamline’ its structure and ‘improve shareholder returns.’

Recommended Content