Enterprise
Moonfruit acquired by Yell
The off-the-peg website and online shop builder has been bought e-lock, stock and barrel by Yell for £18m with a £5.2m pay-out for the executive team after two years.
Also in the news:
Unemployment on the wane?
16 May 2012The UK job market showed signs of life in the first quarter of 2012, with unemployment falling by 45,000 compared with the previous year.
Soggy April hits sales at Greggs
16 May 2012The pasty retailer has reported a 1.8% drop in like-for-like sales in the 19 weeks to May 12 after miserable weather dampened consumer spending.
Office pilfering costs UK businesses £2bn a year
16 May 2012Stat of the day: £2bn. A new report ranks British workers as 'the worst offenders' in office theft, taking home some £2bn a year in biros, lever arch files, even laptops.
Do 5% of SMEs create 65% of UK employment?
15 May 2012A tiny fraction of the UK's small business community accounts for two thirds of all private sector employment, a new report revealed today.
Facebook to raise its share price ahead of IPO
15 May 2012Stat of the day: $100bn+. As Facebook cracks on with its IPO road show, the social network has raised the price range, adding billions to its upcoming valuation.
Groupon trims losses to $3.59m
15 May 2012The daily deals service has slashed losses by 96% in the first quarter by cutting marketing spend and bumping up revenues 89% year-on-year.
Q&A: Duncan Stirling and Charlie Gilkes, Inception Group
14 May 2012The founders of quirky nightspots Barts and Maggie's on the speakeasy culture, supporting local businesses, and their latest venture, the wackily named Bunga Bunga.
Charity shops take a record £1bn in 'year of austerity'
14 May 2012Stat of the day: £1bn. High street retailers may be struggling to stay in the black, but one sector is booming as recession bites. UK charity shops turned over £1bn over the past year, up £34m on 2011. That's a fair few moth-eaten cardies and tweed s...
William Hague does a Norman Tebbit, telling business leaders to 'work harder'
14 May 2012Quote of the day: 'There's only one growth strategy: work hard'. Foreign secretary and former Tory leader William Hague has told business bosses to stop 'complaining' and to 'get on with the task of delivering more of those jobs'. In a 21st Century u...
Four ways to go green and save money
11 May 2012Businesses of all sizes can make significant savings by going green, says Richard Costin, MD of office supplies firm Banner Business Services. Here are four simple ways to start saving the pennies today.

























The MT interview: Gareth Penny
The boss of the world's dominant diamond business
Gareth Penny, De Beers Group CEO, predicts a sparkling return to form