Companies Should Prepare in Advance for Due Diligence

Companies Should Prepare in Advance for Due Diligence

M&A activity is heating up across the TMT sector and I am seeing a stream of transactions within my client base, but 2 recurring themes keep popping up which may scupper that all important deal – an approach or opportunity that arises very unexpectedly, and companies which are just not prepared for the Due Diligence process. This is particularly important in a hot M&A climate because success often means being prepared, in advance, to move through the deal process in an organised and timely fashion. Being ready and prepared for

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Five Tips for a Successful Crowdfunding Campaign

Five Tips for a Successful Crowdfunding Campaign

We all have great ideas from time to time. The difference is that some of us know what to do in order to take it into the next level and some of us don’t. The good news is that help is now at hand if financing is the only problem that is holding you back. Crowdfunding is a fantastic way of turning your bright ideas into something real, and here are some ideas on how you can do this successfully. 1. Don’t Look for Sympathy You want to get hold

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What is Funding for Lending?

What is Funding for Lending?

We have probably all heard about the Bank of England’s Funding for Lending scheme, but do you actually know what it is? Funding for Lending allows banks to swap assets such as existing loans with the Bank of England  in exchange for gilts, which they can then use to borrow money for their lending at close to base rate. They pay a small fee to access the scheme, of 0.25 per cent per year. This will remain the same if they keep grow net lending or keep it stable. If

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Soros logs on to ultra-fast broadband

Soros logs on to ultra-fast broadband

A tiny London broadband provider with just 49 employees has secured heavyweight backing from George Soros in a plan to roll out ultra-fast broadband internet connections to half a million British homes. Hyperoptic, founded in 2011 by Boris Ivanovic, a Serbian entrepreneur, claims to provide internet speeds of a gigabyte a second — 83 times as fast as the national average. The privately owned business has completed a £50 million fundraising with the bulk of the money coming from Quantum Strategic Partners, a vehicle that invests on behalf of Mr

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Bank of England says lending falls again sharply but will improve later this year

Bank of England says lending falls again sharply but will improve later this year

Banks have taken over £16.5bn in cheap “Funding for Lending” cash but actual lending falls another £300m last month and still the Bank of England says things will improve as rates kick in.  Do we really believe that? Lending by banks and building societies fell by £300m in the first three months of this year, despite access to cheaper funds through the Government’s Funding for Lending scheme.   Since its launch last August Banks have drawn down £16.5bn of cheap funds from the Funding for Lending scheme, but total net

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