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Zytronic rocked by unexpected problems in gaming market after bankruptcy of key sector player
Touchscreen tech specialist Zytronic says it is experiencing unexpected turmoil in the international gaming market which will impact on its results. The Tyneside firm, which makes systems for the likes of slot machines and video jukeboxes installed in casinos, bars and clubs, gave an update to investors on the London Stock Exchange in which it …
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Company co-founded by Dragons’ Den star Steven Bartlett expands into the US with acquisition
A marketing and communication company co-founded by Dragons’ Den star Steven Bartlett has expanded into the US with the acquisition of a Los Angeles-headquartered business. Flight Story, which has offices in Manchester and London, has snapped up Mint Performance Marketing for an undisclosed sum. The company has now been rebranded as Flight Performance. The acquired …
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Graphene firm Versarien raises more than £500,000 through share placing
Graphene manufacturer Versarien has announced a placing to raise £531,624 (before expenses) and an update on the company’s turnaround strategy. Founded in an engineer’s garage, the Gloucestershire-based advanced engineering materials firm previously warned it would need “continuing support” from investors after challenging economic conditions “delayed the commercialisation we were anticipating” for its products. The firm …
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Takeover bid for Yeovil Town Football Club appears to collapse
A takeover bid for Yeovil Town Football Club appears to have collapsed. Matthew Uggla, the leader of the SU Glovers group, which said earlier this year it had “taken on the stewardship” of the club, appeared to confirm the transaction had not been concluded. On Tuesday (May 2), Mr Uggla, the son of Canadian finance …
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Barratt boss says upturn in homes market could be round the corner
The boss of Britain’s biggest housebuilder says new home sales are looking up despite the tough economic climate. Chief executive David Thomas said the number of homes being reserved by buyers had continued to bounce back after struggling at the end of 2022. The Leicestershire-based builder said reservations were two-thirds of what they were last …
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Brownlee brothers to help Quickline bring rural communities up to speed with broadband
Celebrated triathletes the Brownlee brothers have teamed up with East Yorkshire’s Quickline Communications to promote its game-changing rural broadband. Alistair and Jonny Brownlee are working with the Willerby specialist to spread the word about the company’s rural roll-out, with the starting pistol to be fired on a first-ever television advertising campaign next month. Elder brother …
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City grandee behind £1.1bn TalkTalk takeover joins board of fintech Total Processing
A City grandee who was part of the £1.1bn deal that saw TalkTalk taken over has become the chairman of a Manchester fintech. Martin Gilbert has joined Total Processing which was co-founded by Jean-Michel Soopramanien, Alex Leigh and Matt Hamer in 2015. Mr Gilbert is also the chairman of AssetCo plc, Revolut as well as …
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Leicestershire Law Society Awards 2023 finalists revealed
The finalists in the 2023 Leicestershire Law Society Awards have been announced. The annual awards, which take place later this month, celebrate the best law firms and individuals working in the legal sector across the city and the county. The list of finalists was revealed at a shortlisting event which took place at Nelsons’ Provincial …
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Devon housebuilder signs contract for 20 social and affordable homes at Okehampton site
Plans for social and affordable homes have been secured in Devon. Housebuilder Persimmon has agreed a contract with Teign Housing for the purchase of 20 homes at is Fatherford View site in Okehampton. The local housebuilder is currently building 50 “quality” new homes at the site on Exeter home, 20 of which will be purchased …
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Fusion Electrics helping young cheerleaders’ dreams come true at Florida world finals
Management at a specialist electrical contractors are helping a team of young cheerleaders get to the world championships on the other side of the Atlantic. Fusion Electrics, in Leicester, is supporting the Premier Star team at the AllStar World Championship in Orlando, Florida. The event, which takes place at the ESPN Wide World of Sports …
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Bentley, Rolls-Royce and Lamborghini parts manufacturer puts £2m into growth
A company which makes interior trim for some of the biggest prestige car brands has invested almost £2 million in its headquarters. Vestatec UK has announced the seven-figure investment to improve its 20,000 sq ft manufacturing facility in Nottingham. The Colwick-based business, which supplies manufacturers such as Bentley, Rolls-Royce Lamborghini and Porsche, said the money …
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One of Britain’s richest men buys £37m stake in takeover target THG
One of Britain’s richest men has acquired a £37m stake in online retail and software giant THG. Brian Kennedy, who is a former owner of rugby union team Sale Sharks, has snapped up almost 3% of the group. THG is run by co-founder and CEO Matthew Moulding and includes brands such as Cult Beauty, Lookfantastic …

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