Atom to raise £40m as it eyes IPO

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North East Friday 26 February 2021 Send a Story Subscribe Membership Advertise Contact Latest News Top Story Atom to raise £40m as it eyes IPO Atom, the UK’s first app-based bank, is to raise £40m from existing shareholders in a bid to pave its way to profitability as it eyes an initial public offering (IPO) Read More… Insider Feature Business Matters: North East Mergers & Acquisitions Review 2020 Charlotte Tracy, North East corporate finance lead for PwC, looks back at some of the biggest mergers and acquisitions that took place in 2020 across the region. Read More… Deals Transmit hits £100m milestone Gateshead-based Transmit Startups has supported thousands of members of the UK business community with £100m worth of funding since it was set up. Read More… Almost £73bn provided to firms under coronavirus lending schemes Almost £73bn in finance has now been provided to more than 1.6 million businesses across the UK through government-backed coronavirus lending schemes, according to figures published by HM Treasury. Read More… Business LEP launches life sciences strategy A new strategy designed to double the number of North East jobs in the health, life sciences and pharmaceuticals industry has been launched. Read More… More than £200m invested in mine project following 2020 acquisition Mining giant Anglo American has invested more than £200m in the Woodsmith Project following its acquisition of the North Yorkshire and Teesside mine last year, according to its full-year results. Read More… Trustack supports clothing brand’s expansion Managed services provider TruStack is supporting a North East outdoor clothing brand with its global ambitions. Read More… Asda sets out proposals in response to changing retail demands Asda has begun consultation with about 5,000 staff potentially affected by planned changes to its business but said 4,500 roles would be created in its online operations with year. Read More… Funding awarded for global flood risk project A project to better predict global flood risk has secured grant funding from the Natural Environment Research Council (NERC). Read More… Property Land deal agreed for Billingham waste gasification and power plant A subsidiary of EQTEC, a gasification technology specialist for sustainable waste-to-energy projects, and Scott Bros Enterprises have signed a conditional purchase agreement relating to the land on which the proposed Billingham waste gasification and power plant at Haverton Hill will be constructed. Read More… Historic Newcastle site on the market A building which has been standing in Newcastle for more than 300 years has been placed on the market, with the potential to become housing or a hotel. Read More… Manufacturing New fuel to be made on Teesside A new, lower emission petrol is set to be rolled out across the UK and will be produced in Teesside, securing jobs in the area. Read More… Other News UK-wide Top Decision Makers - contact thousands of senior decision makers by email Services & Guides Corporate Finance Directory Find an adviser to help you buy, sell or invest in a business. Read More… Best Places to Meet The region's top places to hold events, conferences and meetings. Read More… Send a Story Subscribe Membership Advertise Contact

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