Value of M&A on AIM soars during 2011

Findings from GrowthBusiness’ M&A on AIM 2012 reveal that although the number of acquisitions and disposals only grew by one, spend on deals climbed 50 per cent to nearly £2 billion. The report, sponsored by Crowe Clarke Whitehill and Howard Kennedy, finds that that M&A activity has grown despite AIM’s population diminishing by 6 per cent over the past 12 months. Deal figures for the first quarter of 2012 showed a similar number of acquisitions over the same period in 2011, and a surge of 31 per cent to £362

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Libor: Q & A | The Times

With all the talk about Barclay’s, and soon other banks we presume, manipulating LIBOR, I have had many people asking me what it is they actually did. I found this article in the Times which explains what LIBOR is and what Barclay’s were accused of doing. Essentially Barclay’s reduced its LIBOR rate dramatically towards the end of 2008, giving the impression that it was stronger than other banks, increasing its exposure and in the end making larger profits for itself. LIBOR is calculated as an average rate of the 16

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IT firm caught short by ‘too much’ demand for its services | The Times

There has been no shortage of profit warnings in the recession, but rarely recently has a company had to explain away the fact that it cannot cope with soaring demand. Shares in Computacenter crashed 12 per cent to a new low for the year yesterday after the company warned that the rapid growth of its IT services businesses in Germany and Spain would force it to hire an extra 700 staff. The company, which already expected to take on 500 new workers in the second half, said that it would

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