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Financial

KPMG reports growth and investment

Steve Muncey, office senior partner for KPMG in Cambridge and East AngliaKPMG’s UK practice reports revenues of €1,965 million for the year to September 30 – growth of seven per cent – and increased turnover in the Cambridge and East of England region.

La Playa breaks into superyacht market

Mike Taylor-WestCambridge-based specialist insurer, La Playa, has launched into the luxury yacht and pleasure craft market with a new operation in London.

Red hot opportunity for pepper grower

(from left to right) Gaetano Cappalonga, Peter Cottage (Barclays Business), John Cappalonga and Carlo CappalongaAn Essex-based horticultural business is branching out with financial support from Barclays Business.

Big Issue Invest puts £400k into innovative housing solution

Big Issue Invest (BII) has invested £400,000 into Suffolk-based Housing Action Limited, an innovative social enterprise providing vulnerable individuals access to housing and support.

New director joins Grant Thornton VAT team

Dave Callan, director, Grant Thornton East AngliaGrant Thornton has strengthened its East Anglian VAT team in the UK with the appointment of a new director.

AIM shake-out almost complete as listings are set to rise

Richard Thornhill, capital markets director at DeloitteThe number of companies listed on AIM is set to increase in the first half of 2012 – for the first time since 2007, according to analysis by Deloitte, the business advisory firm.

Solar investment bank delayed by tariff legal battle

Peter DaweNot a Bank, the new Cambridge UK investment vehicle based on solar energy, has been forced to delay launch until 2012 because of a legal wrangle over government feed-in tariffs.

Poker and MedTech deal aces to investors

Simon HeywoodIn a counter cyclical achievement, investors from the Beer & Partners angel community attained up to 100 per cent pa returns on two UK companies – one a London poker club and the other a Cambridge MedTech play.

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