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Financial

Asterand clears Valley bank debt

Asterand settles debtAsterand, the cash crippled Cambridge UK life sciences company, has completed the sale of its human tissue business and settled its more than $9 million debts to secured creditors.

Broker moves to Broadland Business Park

The directors outside their new office. Left to right: John Knowlden, Rob Palmer, Robin Plaster (MD) Phil Stevens and Jon Titlow.One of the East of England’s leading independent insurance brokers has relocated its offices from the city centre to Broadland Business Park in Norwich.

Accountants name new managing partner

Jon Woolston, centre, with Bob Rose, left, and Larking Gowen chairman David Whitehead.East Anglian accountancy firm Larking Gowen has named Jonathan Woolston as managing partner.

Global accountancy moves into Cambridge

From left to right: Walter Schmidt, managing director ETL International; Grant Hawthorne, head of Cambridge office; Maria Arizti, senior partner ETL International; Filiz Adali, business development, ETL International. Pic by Howard Guest.International accountancy network ETL has opened an operation in Cambridge UK to work with the technology sector and a thriving SME business community across a range of industries.

Tax incentives to drive growth examined in Cambridge

Rachel WalkerEast of England technology businesses gathered to hear about the latest tax incentives introduced to drive growth in UK innovation at a breakfast event in Cambridge recently.

Mills & Reeve advises new Cambridge bank

Claire Clarke led the Mills & Reeve advisory teamNational law firm Mills & Reeve has advised Trinity Hall, Cambridge, in a transaction that has created a new bank in Cambridge UK.

Cambridge target in SVB banking revolution

Phil Cox, head of UK, Israel and India for Silicon Valley BankSilicon Valley Bank today unveiled its first UK office – in London – along with a pledge that more Cambridge technology companies will figure on its lending radar.

Investment move by My Business FD

Chris Chapman, managing director at My Business FDMy Business FD, the fast growing Cambridge and London UK provider of part time FDs to growing businesses, has hired an experienced investment director to help young clients in technology and other industries clinch funding and fulfill their potential.

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