Specialist Financial Services Group Close Brothers Group, for the five months to 31 December 2011 the banking division has increased the loan book by 9% to £3.8bn, The asset management division recorded a loss with assets under management down to £8.4bn

Biotec Services International, the clinical supplies and services company, has raised £700,000 which will be used to build a 15,000 sq ft pharmaceutical operations facility next to the companys headquarters in Bridgend, Wales. The new development will double the size of the existing premises. Finance Wales and the Welsh Government, through its economic growth fund, provided the latest funding for Biotec. Keren Winmill is Chief Executive at Biotec.