Business & Economy
Stay informed on the latest news, stories, and analysis of the local business and economy in Oxford and Oxfordshire, including economic trends, key company appointments, and developments of local enterprises.
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Oxford’s Vaccitech completes IPO on Nasdaq and raises $110.5m
The Oxford-based clinical-stage biopharmaceutical company that co-invented a COVID-19 vaccine is a spin-out from Oxford University’s Jenner Institute.
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Westminster Group wins Queen’s Award for Enterprise in International Trade
The leading supplier of managed services and technology-based security solutions worldwide won the award for its outstanding growth in overseas sales.
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Oxford expected to see fast post-COVID-19 economic growth in 2021
The latest UK Powerhouse report reveals that Oxford had 3.0% employment growth in Q4 2020 – the fastest employment growth out of the UK Powerhouse cities.
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Sense raises $50m Series B funding for instrument-free product platform
The investment led by Koch Disruptive Technologies helps Sense accelerate its portfolio of products to deliver patient-focused healthcare.
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Wallingford-based Ecocleen acquires The JPM Group
The successful buyout will enable the group to expand its presence within both established and new sectors whilst growing its nationwide network.
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Oxford Endovascular raises $10m to develop its origami engineered medical device
The raise will enable the company to complete development work and gain first in-human data through an early feasibility clinical study.
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Corporate co-working scheme piloted in Oxfordshire and Bucks
The Corporate Co-working Membership scheme will give businesses the chance to offer employee collaboration at a convenient workspace close to home.
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Abingdon based West Waddy merges with Archadia Architects
Award-winning multidisciplinary architecture, planning and urban design Practices – West Waddy ADP and Archadia Architects – have merged to form a new Practice, WWA.
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WuXi AppTec completes acquisition of Oxford-based OXGENE
This acquisition enables WuXi AppTec to offer its customers end-to-end support in the creation and development of cutting-edge cell and gene therapies for patients in need worldwide.
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MKM independent builder’s merchant opens new branch in Wallingford
The 1.2acre site is based at Lupton Road is a one-stop-shop for local trade and retail customers – their first in Oxfordshire – and brings the network to 80 branches.
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Government plan to transform Oxford-Cambridge Arc into UK’s fastest growing economic region
The spatial framework plan will help to create thousands of jobs, drive investment, protect and enhance the environment, and provide the infrastructure and beautiful new places needed to make the area.
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Oxford-led research centre to pioneer greener global financial system launches
The £10m government funded research centre will advise lenders, investors and insurers, enabling them to make better decisions to support a greener global economy.
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Sensyne Health licenses MagnifEye technology to Excalibur Healthcare
Excalibur will integrate MagnifEye into its lateral flow products for global marketing to customers in both the public and private sectors.
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Oxfordshire entrepreneurs set to benefit from new Enterprise Centre
The new centre is a part-Government funded project delivered in collaboration with Oxford Brookes University to promote entrepreneurship and support start-up businesses in the county.
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Local accountancy firm selects two businesses to share £10,000 support prize
Traditional and artisan bakery Pobi Bakery and 3D printing and prototyping service Printpool Additive Manufacturing will receive a range of expert support and cash investment.
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Autoglass opens new centre in Oxford
The modular centre, located within the Oxford United Football Club car park, offers windscreen repair and replacements, advanced safety system recalibrations, and replacement wiper blades.