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Spin-out Nightstar raises PS23m

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Spin-out Nightstar raises £23m

Nightstar, a biopharmaceutical company spun out from the University of Oxford specialising in developing gene therapies for hereditary sight-threatening disorders, has raised $35m (£23.2m) from investors.



Volution to buy £9m manufacturer

Volution Group, which specialises in providing products to ventilate buildings, has agreed to buy a Surrey manufacturer and distributor of fan coils and commercial heating products for £9.25m.


BFS pledges lending increase after refinance

Bibby Financial Services (BFS) has pledged to increase its funding for UK small- and medium-sized enterprises by more than £290m after refinancing with a banking club.


Sweet deal for chocolate maker

Swiss chocolate manufacturer Barry Callebaut, which has its UK operations in Oxfordshire, has acquired the commercial beverages vending activities from FrieslandCampina Kievi.



TalkTalk attack could cost £35m

The cyber attack on TalkTalk could cost the company up to £35m, the phone and broadband group admitted this morning.


Price war hits Sainsbury’s profits

Sainsbury's has posted an 18 per cent drop in underlying pre-tax profits as the supermarket price war continues to impact margins.


Flybe unveils Southampton routes

Low cost airline Flybe has added three routes to its winter schedule from Southampton Airport and unveiled the destinations it will fly to next summer.


Online sales boost New Look

High street fashion retailer New Look has reported rising sales in the first half of its financial year thanks to strong online growth and the launch of its first dedicated menswear stores.


Vodafone boss hails “turning point”

Vodafone has hailed an "important turning point" in its financial performance following a return to organic growth in service revenue and earnings during the first-half of its financial year.



Historic RAF building to be restored

One of the main historical buildings on the site of the former RAF Uxbridge site is to be restored to its former glory.



Toy train maker Hornby warns on profits

Kent-headquartered Hornby has issued its second profit warning in two months after problems at the train set maker's European business hit group sales.


Strong half for acquisitive Trifast

Interim pre-tax profits have surged at Trifast, the listed East Sussex-based manufacturer of mechanical fasteners, as the company hunts for further acquisitions to boost its growth.

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