Surgical Innovations Group, a designer and manufacturer of creative solutions for minimally invasive surgery, has shipped the first batch of its PretzelFlex device, and expected to ship a second batch in December. The shipment was part of an eight-year agreement with Care Fusion which gave them exclusive rights to sell Pretzel Flex in the US.
Verdes Management, a which offers independent advice and solutions to UK companies, has conditionally raised £0.55m before expenses through the conditional subscription for 550m new ordinary shares at 0.1p each. The firm also announced that the role of interim Chairman will be filled by the Executive Director, Adam Webb. The company warned that the on-going difficult trading conditions have continued to negatively affect business. As a result, the company has decided to downscale its cost base and to reduce its headcount accordingly. The proceeds of the placing with be used to "explore complementary business opportunities in the financial services sector with a view to generating returns for shareholders".
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MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
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FCA reveals 'once in a generation' advice changes - what the reforms mean for youConsumers to get free access to financial advice type help for pensions and investment following proposed changes from the regulator
