What’s the difference between a porn baron and a venture capitalist? According to QuickTV, the venture capitalist won’t give you seed funding but the porn baron might.
Oxford-based pharmaceutical company Glide Pharma has attracted £2.2m from Oxford Technology VCTs in a fourth round of funding.
If part-time finance director Jennifer Raines’s experience is anything to go by, it seems a number of companies are wising up to the fact that in these tough times, it helps to have someone on board who can tell you straight what your financial situation is.
New finance directors have been appointed at Taylor Wimpey, Titan Europe, Eruma, PuriCore, Northern Foods, the Innovation Group and Hargreaves Lansdown.
The word on the street is the credit crunch and all this talk of recession is putting a dampener on the upcoming party season. At least at one up-market venue.