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INSANE: 9 - The Real Truth

Edinburgh angel syndicate reshuffles top team

Investment firm's founder moves to new position of executive chair

Insider UK

Contract of £100k awarded to help Nottingham City Council with future Levelling Up bids

The council spent £250,000 on unsuccessful bids to the most recent round of funding

Nottingham Post

Tech firm hoping to tackle 'inefficient and unprofitable' shopping areas raises £1.5m

Customers of Sticky include the likes of Byron Burger

Birmingham Post

From analysis to the latest developments in health,
read the most diverse news in one place.

The City remains a beacon of innovation for stock listings

Moves off market show London is innovating, not dying

Evening Standard

Scottish scale-up investment dips as caution enters market

The £70m raised during the first quarter was the lowest amount during that period since 2020

Insider UK

Hotter Shoes owner Unbound Group loses £10m investment over trading concerns as it calls in Interpath Advisory

A knitwear and jersey brand backed away from a possible £7m takeover of the group last month

Birmingham Post

Glasgow EV charging business gets private equity backing

The latest funding will enable the company to scale its operations across the UK

Insider UK

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Major VCs link arms in new climate push

The new alliance is designed to align firms' portfolios with a "net zero" emissions future, and help individual companies they finance do the same.

Axios

Female angels lead terrible* investment round

Merchandising company secures nearly £200,000 in fundraise

Insider UK

Woodford fund compensation for investors likely to total 77p in the pound

Takeover of frozen fund’s administrator and FCA ruling could filter extra £235m to 300,000 investors

The Guardian - UK

Woodford fund investors offered up to £235m in FCA’s redress scheme

However, the deal is conditional on the completion of a sale of Link Group’s fund solution business to Waystone Group

Evening Standard

Rishi Sunak accused of 'complete lack of transparency' as wife's shares kept secret

Details of investments worth hundreds of millions of pounds that are owned by the PM's heiress wife Akshata Murty were not included on a list of ministerial interests

Daily Mirror

British govt publishes PM Sunak and other ministers' interests

Britain's government on Wednesday published an updated list of ministers' interests, including an outline of the affairs of Prime Minister Rishi Sunak, who is under investigation over whether he properly declared his wife's shareholdings.

Reuters

Over £60m raised by credit card start-up backed by former Manchester United star Rio Ferdinand

The investment means the company is now valued at more than £70m

Manchester Evening News

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Liverpool Echo

US firm 777 Partners retains 'serious interest' in Everton investment after holding talks with Farhad Moshiri

Miami-based 777 Partners have held talks with Everton earlier this year over a potential deal

Birmingham Post

Credit card start-up backed by Rio Ferdinand raises over £60m

The investment means the company is now valued at more than £70m

Birmingham Post

Private equity investors Foresight Group launch Newcastle office amid £20m addition to regional fund

Foresight's North East Fund has secured funding from the British Business Bank

The Guardian - UK

‘A naive and stupid idea’: how Rishi Sunak’s Future Fund spent millions on failed firms

The then chancellor’s loan scheme, set up as Covid hit, was supposed to keep dynamic startups going, but ended up giving taxpayer cash to long-established or lame duck businesses

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Insider UK

ETZ's £2 million challenge fund opens

Grants of up to £250,000 are being made available to help the energy supply chain realise low carbon sector opportunities

Tribune News Service

Venture Capitalist Lisa Lambert of National Grid on ‘toughing it out,’ disrupting energy grid

Lisa Lambert has come a long way from her childhood in Toledo, Ohio, raised by a single mother in subsidized housing.

Evening Standard

Leaving London: ‘How I swapped renting in Clapham for my own penthouse and a new business in the Lake District’

A home in the Lake District, and a fresh start, all for around the same monthly costs as a room in Clapham

Insider UK

£15 million Scottish tech investment fund unveiled

'No warm introduction required' policy aimed at breaking barriers to securing early-stage investment

Birmingham Post

North East Fund extended to end of year - with extra £10m available

The business support fund first launched in 2018 had been due to close at the end of March but will now run longer

Insider UK

BrewDog boss puts up £5m of own money find the next unicorn

The brewery's chief executive also reveals he was rejected twice by Dragons' Den

Birmingham Post

Swansea learning enterprise raises six-figure funding to support growth plans

2B Enterprising has completed a second investment round from a syndicate of 10 business angels led by Angels Invest Wales

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