The move will provide a fresh pot of money for Irish SMEs as non-bank finance becomes more prevalent here. MML, which declined to comment, typically invests in established, profitable SMEs on the island of Ireland. It is led by Neil McGowan and Rory Quirke. Individual commitments to companies tend to range from €5-€15m, and can be for minority or majority stakes. It established a first fund a number of years ago, which it has used to invest in businesses ranging from courier firm Fastway Couriers, to bathroom products supplier Sonas Bathrooms. Last year it exited investments in refrigeration business Lowe Refrigeration, and specialist engineers H&MV. MML has filed documents at the Companies Registration Office for an entity called 'MML Growth Capital Partners Ireland II'. The investors in the first MML fund were AIB, Enterprise Ireland, Goldpoint Partners (an investment arm of US insurance company New York Life), the European Investment Fund and the American health … [Read more...] about MML plots new fund of €125m-plus to back SMEs
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There have been many business deal throughout 2018. These include deals in the commercial property market to mergers and partnerships between businesses within Wales and ones that span continents. Here are 18 deals from 2018 that made the headlines. 1. Office furniture maker bought for £63m Valleys manufacturer Orangebox was acquired in a £63m deal, the biggest business deal this year in Wales. The Nantgarw-based firm was bought by the American firm Steelcase, which is listed on the New York Stock Exchange and generates annual sales of $3.1bn. With its HQ and main manufacturing base in Nantgarw, Orangebox, also has offices in London, New York and Dubai, and other manufacturing bases in Huddersfield and Michigan in the US. It has a workforce of 450, however the majority, 350, are employed in Nantgarw just north of Cardiff. The deal will allow Steelcase, which has acquired a 100% stake in the business, to accelerate its product development in Europe and around the world. The … [Read more...] about 18 business deals from 2018
There's one thing we're not short of in Nottingham (and the rest of the county) and that is places to eat and drink. 74 (correct us if there's more) new cafes, pubs, restaurants and bars have sprung up or re-opened with a change of identity in 2018. Banks have been converted into cafes. Shops have been transformed into bars. The revolving door of new openings means you might have lost track of just how many different spots there are to try - from the latest trend for Indian street food to the continuing obsession for gin. You never need be stuck for somewhere new to try. Start planning your list of places to visit in 2019 right now... Hockley Rebel A venue in Broad Street, Hockley, went from Mexican to Welsh this year. El Capo a bar and cantina closed after only a year. In stepped Ales from Wales, founder of Hockley Rebel, billed as a traditional dog-friendly pub, with real ales, darts and jovial banter. Upstairs sees the return (kind of) of popular cocktail joint and night spot Bar … [Read more...] about More than 70 new bars, restaurants, cafes and pubs opened in Nottingham in 2018
The idea of a “Green New Deal” has become popular with the world’s policymakers in the past few months. Governments of major capitalist economies and emerging capitalist powers in Asia have reacted to the crisis with measures intended to counter the recession and extricate their economies from slump. Both the United States and China have decided on public investments in infrastructure improvements and in the production of alternative energy. Yet there are many reasons to be cautious when assessing these measures’ social and green significance. Though the shift in policy is large when compared with the neoliberal policies of previous decades, the essential question is whether a Green New Deal is really appropriate as a description for the new policy direction of capitalist governments. The term is being used before its parameters have been clearly defined (1). I propose to reflect on the whole idea. Let me give my own definition. A Green New Deal is a set of … [Read more...] about A Green New Deal
opinion Wendell Potter Opinion contributor Published 5:00 AM EST Dec 14, 2018 Democrats have secured a 40-seat flip of the House of Representatives, based largely on a nationwide call for health care reform. Many Democrats, led by Brian Higgins of New York, are planning to use their newfound control of the House to work on a Medicare buy-in bill. I spent 20 years as a health insurance executive before leaving my job as a vice president at Cigna. I can tell you firsthand that by focusing on a half-baked measure like a Medicare buy-in, Democrats would hand a huge gift to the private insurance industry while doing less than the bare minimum to help struggling businesses, workers, families and patients. When the next Congress starts in January, House Democrats should use their new majority introduce, debate and vote on significant legislation that would assure universal coverage, protect taxpayers, and dramatically transform our health care system: Medicare for All. … [Read more...] about Democrats, don’t waste time on health tweaks. Pass Medicare for All.