THE north's largest private healthcare company the 3fivetwo Group has secured a multi-million pound cash injection from a new fund created by two of the largest equity houses in New York and London and dedicated to investing in Northern IrelandThe fund, run by US-based 57 Stars and leading UK investor Foresight Group, has provided capital to provide additional capacity, including beds and laminar flow theatres at 3fivetwo's Kingsbridge hospitals in Belfast and Sligo.And it will also enable the provision of more services in imaging, orthopaedics and specialist services such as cardiac surgery, and the expansion of medical training and optometry services through acquisition and partnership.The investors, who say they will support other ambitious SMEs in Northern Ireland, will be taking a minority stake in 3fivetwo Group and both funds will be represented on the board of directors.Established in 2006, 3fivetwo is the only private healthcare group on the island of Ireland to have hospitals … [Read more...] about Multi-million pound cash injection at 3fivetwo Group
Multi million pound houses london
0 Have your say Leeds IT consultancy Infinity Works is targeting new markets and overseas expansion after securing a multi-million pound investment from Growth Capital Partners (GCP). The firm, started just five years ago in a co-working space in the Leeds Digital Hub, now employs close to 300 people and has offices in London, Manchester and Edinburgh. Paul Henshaw We have done a lot of Leeds and continue to grow in Leeds Its turnover is now close to exceeding £30m and it works with a client list of blue-chip firms health and care providers, supermarket groups, banks, delivery companies and online gaming giants.The investment sees GCP take a minority stake in Infinity Works and will be used to support significant additional scale and reach and help increase its share of the multi-billion-pound market for IT services.The founders and directors, Matt Gaffney, Paul Henshaw, Dan Rathbone and Tom Walton, will retain majority ownership and control of the … [Read more...] about Infinity Works sets sights on new horizons after multi-million pound investment
PUBLISHED: 14:01 22 January 2019 Paul Geater Freightliner wants to build a new depot near Ipswich Station. Picture: PAUL GEATER Archant Rail company Freightliner is hoping to build a new multi-million pound depot for its trains just outside Ipswich station. The new depot would replace the existing fuelling point near platform Four at Ipswich station. Picture: PAUL GEATERIt wants to build a massive new workshop to maintain its locomotives and wagons on land where there are currently little-used tracks beside Ranelagh Road.It also wants to move its fuelling point, with huge tanks of diesel, to the depot from the other side of the station.This would enable its diesel locomotives to be refuelled without having to cross the main line after they arrive from Felixstowe.The company says its new depot will create about 20 new full and part-time jobs and will enable it to carry out maintenance on its locomotives and freight trucks that currently has to be undertaken … [Read more...] about Freightliner hopes to develop new workshop near Ipswich rail station
Are falling house prices in London a good thing? Daniel Hegarty, founder and chief executive of digital mortgage broker Habito, says YES. Provided it stops at a pricing correction and doesn’t go further, the drop in house prices is good news. London’s sky-high prices have left the average 34-year-old first-time buyer needing to borrow 13 times their earnings and save £90,000 for a deposit. Before this summer, the average price of a first home had risen by two thirds in just five years, to hit £420,000. Prices were scorching, and are now cooling down. True, a prolonged or drastic drop would hurt more than help, if developers were to down tools as their profits were squeezed and recent buyers risked slipping into negative equity. But so far that isn’t what we’ve seen, and the overheated market needed a correction. The biggest falls have been seen at the multi-million pound end of the market, but this needs to trickle down to the less pricey boroughs to … [Read more...] about DEBATE: Are falling house prices in London a good thing?
LEE Child's books are not made to be read slowly. Fans of his action hero Jack Reacher devour his addictive page-turners in hours rather than days. "It takes me months to write them – and then I hope people are going to read them in one day," the best-selling author observes. In fact, no sooner had his 23rd thriller, Past Tense, hit the book stands than it was top of the bestseller list by a huge margin. As one of the world's most successful crime writers, with a book sold every nine seconds, the Coventry-born former TV director, whose real name is Jim Grant, says that sometimes his world seems surreal. On the day we meet, looking across the skyline from the 15th floor of a central London hotel, Child (64), dressed casually in black, seems a pretty unassuming character for somebody who has amassed a multi-million-pound fortune. He lives in a huge Manhattan apartment overlooking Central Park and also has a farm in East Sussex, a collection of high-priced cars including a vintage … [Read more...] about Lee Child: Tom Cruise is a terrific guy but readers didn’t like him as Jack Reacher