News
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Suffolk profits slip after bumper year
The Suffolk economy has been brought back down to earth with a bump in 2006 following the heroics of last year, according to a new report. The... Read More
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New agricultural enzyme could save multi-millions
The humble oat has yielded a newly unearthed enzyme that could be used to prevent major crop disease, estimated to cost the agricultural industry £... Read More
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TSG seeks alternatives as funders pull $50m finance deal
Over 30 per cent was wiped off the value of Trans-Siberian Gold (TSG) after the company revealed backers are to pull their $50 million (£26m)... Read More
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MAXjet appoints new CEO
Stansted-based, all-business class airline MAXjet announced appointing William Stockbridge as its new CEO. Stockbridge has been chairman of the firm... Read More
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Zenith in buy-out talks
The prospective buyers of Herts-based Zenith Hygiene may get a better bargain than they first expected after the company's shares fell by over 20 per... Read More
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Sanger research radically overhauls understanding of disease
Experts believe that the findings of an international research project led by Cambridge’s Sanger Institute will “change forever the field of human... Read More
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DisplayLink throws its hat into awards ring
DisplayLink, a Cambridge company that says it is to power the “second display revolution,” is the latest company to throw its hat into the ring in... Read More
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Prelude to cash in on ripened investments
Prelude Trust in Cambridge, a key funder of early stage hi-tech businesses, is exploring exits for some of the more mature companies in its portfolio... Read More
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CML swings from profit to loss
Semiconductor manufacturer CML reported losses for the half year, citing a "severe reduction in product shipments to a key memory card controller... Read More
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MAXjet adds more flights to Dulles
Business-class only airline, MAXjet is to increase the frequency of its transatlantic flights from Washington Dulles to Stansted, beginning in March... Read More
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Sareum wins one year research contract with biotech giant
Cambridge-based drug discovery firm, Sareum has entered into a one-year research agreement with a company credited as the founder of the biotech... Read More
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Munters buys Italian heater firm
Huntingdon-based humidity control specialist, Munters has acquired Italian heater manufacturer, SIAL.Munters will control 100 per cent of the shares... Read More
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Greene King sells 155 pubs
Bury St. Edmunds brewer and pub operator, Greene King, announced the sale of 155 of its pubs for £56.5m. The buyer, Admiral Taverns Holdings, has... Read More
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SHAREtrack100 rises despite week of big fallers
Despite a number of high-profile fallers, the SHAREtrack100, in association with Pricewaterhouse-Coopers, was up 0.54 per cent on the week, to 6349... Read More
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Amadeus announces new £10 million seed fund
Cambridge is establishing itself as the UK’s seed funding capital, following the close of a new £10m fund from Amadeus Capital Partners.The Amadeus... Read More
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MARGO enters good life with £200k funding
MARGO Technologies has raised £200,000 from local business angels keen to see the five-month old start-up’s technology rolled out world wide.The... Read More
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TeraView seeking to provide an exit for investors within two years
Imaging company TeraView, which has just closed a $6m financing round, has revealed that it is seeking to provide an exit for investors within two... Read More
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Cambs company courted by tobacco giants
A Cambridgeshire company which claims to have invented the first new tobacco product since the Crimean War is being courted by two of the world’s... Read More
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Space age algebra to yield major games industry contracts
An astrophysics spin-out from Cambridge University is poised to become the next shooting star of the multi-billion pound worldwide games industry.... Read More
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China deal boosts Amino share price
A new Memorandum of Understanding between Cambridge set-top-box builder, Amino Technologies, and and a Chinese broadband multimedia company, Chengdu... Read More