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£1bn cash pot for 50 high streets, Bank of mum and dad is going bust helping homebuyers, and more top news

Posted on by Daniel Kobale
Fifty towns in England will be given a share of £1bn to tackle the high street crisis that has left one in 10 shops in UK town centres lying empty. The Ministry for Housing, Communities and Local Government (MHCLG) declared an additional £325m in funding to the £675m High Street Fund announced by then chancellor Philip Hammond last year. The money could be used by towns — including Blackpool. Scar...
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GCI Telecom boosted by £10m cash injection and high profile Non Exec appointment

Posted on by Daniel Kobale
GCI Telecom Group (GCI Com) has received its first equity injection from an investor and appointed industry guru John Cronin as Non Executive Chairman. Business Growth Fund (BGF) has invested £10m in the midlands-based telco in a move that underscores the growth potential of the telecoms and IT services markets.[break] The new equity enables Lincoln headquartered GCI Com to pursue its organic g...
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