Appnovation has received £9.3m in equity financing from a joint partnership between the Canadian Business Growth Fund (CBGF) and the UK’s BGF. The investment will allow Appnovation to accelerate its international growth and expansion strategy, spurring jobs and economic growth in Canada, the UK and beyond.

Appnovation is a full-service digital consultancy, focused on delivering meaningful business outcomes that drive innovation, growth and ultimately value for its clients. Through digital strategy and a deep industry focus across a variety of verticals (including some of the largest financial services and pharmaceutical companies in the world),Appnovation’s expertise with user-centric, design-led experiences and open technology platforms, helps brands to better engage their customers.

Jaltek Systems, a leading manufacturer of complex, electronics assemblies has secured a £1m funding facility from Independent Growth Finance, as it continues to deliver on its rapid growth strategy and support its clients to push the boundaries of technological innovation. The company provides a full suite of services to its clients, offering both design and manufacturing solutions to a diverse range of regulated sectors, from clean energy and aerospace, to space satellites.

BiVictriX has announced that Dr Michael Carter has joined its board as a Non-executive Director, and that it has completed aninternal fund-raising round enabling development of its project portfolio and technology platform.

BDO LLP has advised the management team and shareholders at Sukhothai on its recent recapitalisation. Sukhothai, the Leeds-based Thai casual dining group operating under the Sukhothai and Zaap brands has used funding provided by HSBC to facilitate a partial-MBO from founders Gerrard Marks and Yupha (Ban) Kaewkraikhot by members of the current management team.

A growing number ofUK and global investors will move their assets overseas as Britain stumbles towards an economic abyss, affirms the boss of one of the world’s largest independent financial advisory organisations.

The observation from Nigel Green, founder and chief executive of deVere Group, which has $12bn under advisement, comes as it is revealed that the UK economy shrank in the second quarter – the first time in seven years.

Keller Williams, the world’s largest estate agency, has entered into a partnership agreement in the UK with start-up Investerge to widen their service offering, giving their customers access to the UKs only property investment marketplace.

Panoramic Growth Equity, a leading equity investor in fast growing, entrepreneurial UK companies, has invested in a multi-million pound growth capital package from its second fund into multiple award winning internet connectivity specialist, Vaioni Group Limited.

Founded by Sachin Vaish in 2008, Vaioni continues to disrupt the UK SME & Mid-Markets with its award-winning connectivity & WAN portfolio, using its ultra-reliable National Ethernet Platform - V.E.N. The network currently connects 250,000 postcodes across 100 UK cities and towns with 100Mbps - 10Gbps internet speeds, including strategic relationships with all the top UK Carriers to reach locations outside of its own network. Vaioni is proud to offer high availability, ultra-fast connectivity solutions, combined with 100% Core Network availability and extraordinary customer service and engagement.

According to the emotively-named ‘Misery Index’, the US is better off today than ever before. Low inflation and low unemployment, the latter backed up by today’s relatively steady US jobs report data, are creating an apparently benign environment for the US population.

Independent Growth Finance (IGF), a leading independent commercial finance provider, appoints Dave Pickup as ABL Director for the Thames Valley. Investment in the region follows another successful year for IGF, which included a 39 percent growth in funded assets and a 29 percent growth in revenues.

Small to medium enterprises (SMEs) in Wales have higher levels of confidence than their UK counterparts, despite challenging business conditions and increasing uncertainty of UK and global economic prospects, according to the first annual report published by Economic Intelligence Wales (EIW).

The new research unit is a collaboration between Cardiff Business School, the Office for National Statistics and the Development Bank of Wales, created to monitor the activity of Welsh SMEs, factors affecting their development and the progress of the regional economy.

The development bank announced in May that it invested £80 million into SMEs in 2018/19 which is an increase of nearly 18% on the previous financial year. This is a strong demonstration of a growing appetite for investment, reflected in the increase in the number of Welsh SMEs using external finance which is 5% higher than the UK average.

With widespread disruption from new and emerging technologies facing companies, the financial services sector is still lacking in CEOs with a background in technology, according to recent analysis from specialist recruitment firm, Robert Half UK.

According to the results of the annual Robert Half FTSE 100 CEO Tracker, not one of the CEOs leading the FTSE 100’s financial services companies has a background in technology. In contrast, the proportion of CEOs with a background in technology across all sectors has increased by 27% over the past year, as the impact of digitisation is felt across multiple industries and sectors.

In 2018, Enterprise Research found that almost half (45.3%) of startups don't survive beyond three years. Of the 32,200 companies that Beauhurst has tracked due to meeting one of its growth triggers, only 13% have died (15% if you include zombie companies). 7% have gone on to a successful exit, and the remaining 78% are still actively growing. So how do Beauhurst's growth triggers affect the survival and death rate of companies it tracks?