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news news extra for more on each of the stories below visit: www.businessmag.co.uk


JLT reports 50% increase in demand for cyber related insurance


The demand for cyber related insurance cover has increased by 50% in the first three months of 2015 compared to last year, according to insurance broker and risk management adviser JLT Specialty.


Demand has been fuelled by the growing threat of cyber crime and the increased publicity and awareness of the damage an attack can have on a company’s reputation, data security and business continuity ...


Reading University rises 46 places in QS World Rankings


The University of Reading has risen to its highest position in the QS World University Rankings published on September 15.


Reading now ranks 156th in the world, up from 202 last year, making this the first time it has been ranked in the top 200 since 2010, and putting it firmly within the top 1% of institutions globally.


Reading has also enhanced its position among UK institutions rising from 30th to 25th of the 75 institutions ranked by QS ...


Spectrum Corporate Finance advises shareholders of Blue Max Banner on MBO


Spectrum Corporate Finance has successfully helped the shareholders of Blue Max Banner with the transition of the business to MML Capital Partners. Spectrum acted as lead adviser to the shareholders.


Blue Max Banner is the market leader in the supply of school uniforms and sportswear to the UK wholesale sector ...


HMT advises Connection Capital on investment in Virtua UK


HMT LLP has undertaken due diligence on the investment in specialist telecom engineering firm Virtua UK by Connection Capital.


Based in Wiltshire, Virtua provides services from design and installation, to testing and optimisation, for expanding and upgrading mobile networks on behalf of the major UK mobile network operators. Its client base also includes commercial estate owners of major developments such as Terminal 2, Wembley Stadium and the “Walkie Talkie” skyscraper in London ...


Penningtons Manches advises crowdfunding pioneer Seedrs


Penningtons Manches’ corporate team in Oxford has advised leading equity crowdfunding platform Seedrs on its Series A funding round led by Woodford Patient Capital Trust and Augmentum Capital. The funding, which includes a campaign on Seedrs’ own platform, raised £10 million, valuing the company at approximately £30m.


Seedrs is one of the pioneers of the equity crowdfunding market, being the first company to secure FCA authorisation in this field. It will use the funds to continue its expansion in the UK, Europe and US and to enhance its existing crowdfunding platform ...


97% of region’s manufacturers engaged in innovation


Over nine in 10 manufacturers (97%) in the South East are engaged in innovation, according to a new survey published today by EEF, the manufacturers’ organisation, and Vodafone UK. The findings suggest that the region’s manufacturers are keeping pace with peers elsewhere in the UK, but share the same fears about falling behind competitors ...


www.businessmag.co.uk


THE BUSINESS MAGAZINE – THAMES VALLEY – OCTOBER 2015


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