WebOrator provides a ‘free to user’ service for companies looking to attract new clients. Richard Simmons, partner at Hacker Young, said: ‘WebOrator is operating within one of the fastest-growing channels of communication and has achieved more by taking their concept to the point of a deliverable product in two years than many other organisations achieved with considerably more funding.’
According to Ernst & Young, the secondary issues market has remained buoyant despite the weakness in the flotation market.
In the first five months of 2002, £6.6bn was raised through secondary issues for companies listed on the London Stock Exchange, compared to £3.3bn raised in the new issues market for the same period.
Ernst & Young’s Andrew Raca said: ‘Investors continue to seek out opportunities in quality companies, but they are now focused more intently on those with proven track records.’
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.