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Tuesday Update

DB Live: Wall St rises; Virgin Atlantic deal; Co-op bank cuts

Branson and Virgin website
9.30pm: Wall street peaks Wall Street continued its record sequence, closing at new highs after news that the US had held “constructive” talks with China on its phase one tradeRead More

Firm valued at £10.5m

Zumo nears £1.1m target ahead of crowdfund launch

Nick-Jones-left-Zumo-CEO-and-Paul-Roach-Chief-Product-Officer-of-Zumo
Nick Jones (left), CEO, and Paul Roach, chief product officer Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, has raised almost all of its £1.1 million target ahead of aRead More

Ashley swoops

Frasers acquires DW gym assets in £37m deal

DW’s gym assets have been snapped up Mike Ashley’s Frasers Group, which includes Sports Direct and Jenners, has acquired the gym and fitness assets of Dave Whelan Sports from theRead More

Monday Update

DB Live: Wetherspoon in VAT blast; Henry Boot dividend

JD Wetherspoon
4.45pm: Vaccine report and BT drive FTSE 100 higher The FTSE 100 began the week on a strong footing after President Trump was reportedly looking to fast-track the approval ofRead More

Investment in new base

Lockdown lifting allows Rollo to complete £100k HQ

Sean Rollo
Sean Rollo: ‘Huge growth’ Edinburgh building firm Rollo Developments has opened a new headquarters in the city as part of a £100,000 business development plan. The company, which specialises inRead More

Angel investment

Equity Gap in pledge to back young firms through slump

jock millican and fraser lusty
Top team: Jock Millican with Fraser Lusty Jock Millican, chairman of Investment syndicate Equity Gap, says its members will continue supporting young businesses through the pandemic to help underpin theRead More

Six payouts

Previse among fintech firms sharing £20m grants

Digital work
Fintech firms are helping SMEs Six fintech firms serving the UK’s small and medium sized businesses have picked up a total of £20 million in grant support from the BankingRead More

Tuesday Update

DB Live: US markets shrug off gloom to hit new high

Traders on Wall St (pic: NYSE)
10pm: US markets at record high Wall Street’s S&P 500 index hit an all-time high today, completing its recovery from the stock market crash after the onset of the coronavirusRead More

Retail offer

Ashley’s Frasers bids £30m for failed DW Sports

Mike Ashley
New bid: Mike Ashley Mike Ashley’s Frasers Group is understood to have lodged £30 million bid for DW Sports, the failed sports retail empire of his long-time rival Dave Whelan.Read More

Bid pulled

M&G IM withdraws UKML all-cash offer

City of London
M&G Investment Management has withdrawn its proposed all-cash offer for UKML after failing to get board approval. The company said in a statement that “M&G Investment Management on behalf ofRead More