High street banks’ lending to small businesses in the UK rose by £153 million in May 2009, resulting in total loan amounts outstanding at £46,338 million. (4.99 pounds sterling)

Biotech billionaire Alain Mérieux has sold his subsidiary company ShanH via its family holding company Merieux Alliance , to Sanofi-Pasteur , which is a vaccine unit of the French drug company Sanofi-Aventis. (4.99 pounds sterling)

The British Business Angels Association (BBAA), a trade body for business angels and early stage investment, held its annual event at the Belfry in the West Midlands, England. Topics that came up for discussion included innovative business models, early stage capital rationing, why government effort to re-create a national 3i-type VC fund is a wrong solution at the wrong time, early stage fund of funds approach and number of years before bank lending starts growing again. Delegates also heard a US angel fund’s perspective on how they are coping with the downturn, and a couple of entrepreneurs’ perspectives on leveraging angel capital. The Chilli presents the highlights of the conference and some of its main topics. (4.99 pounds sterling to download).

Ignios was a post Chilli R1, semiconductor IP (intellectual property) company founded in 2003. It had raised $3.8m in January 2004 .The fact that former partners, customers and prospects put in a respectable bid for the remaining IP of Ignios Ltd. shows that there was some value in the company's technology proposition. It is a great pity however that investors did not see it in the same light. (1.99 pounds sterling)

Ignios is a post Chilli R1 Oxford, UK based IP (intellectual property) company founded in 2003 to address the emerging market of software programmable multicore SoC (systems on a chip) designs. The two co-founders Mark Lippett and Dan Chester had encountered many of the challenges of multicore designs in previous careers at Madge Networks, Texas Instruments and Chameleon Systems. (1.99 pounds sterling)

Motorolas cash offer of 103 million pounds for the assets of TTP Communications plc will have reverberations not only for its current licensees but also strategic partners, suppliers, employees, management and across the whole of the IP industry. We examine the underlying fundamentals which brought TTPCom to this juncture and analyze the challenges facing IP business models and their sustainability. (1.99 pounds sterling)