Today's South East business news from Insider |
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South East
Thursday 26 March 2020

Latest News

Top Story

Advanced snaps up professional services software firm

Private equity-backed Advanced has snapped up a global legal, accounting and professional services software business from BT Group - its fifth acquisition in 12 months.
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Insider Feature
Feature 1

Ask the Expert: Do law firms need to undertake due diligence on IFA businesses?

Proposed guidelines from the Solicitors Regulation Authority (SRA) show an increased need for due diligence when it comes to referrals with Independent Financial Advisers (IFAs). What does this mean for law firms? John Duns from Fairstone finds out.
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Deals

Takeover of iconic guides publisher moves forward

The takeover of Haynes Publishing Group has moved forward after shareholders backed a deal which values the automotive data business at £114.5m.
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Over 50s fashion brand seeks £450k boost

A women's fashion range which targets the over 50 market has turned to crowdfunding in a bid to bolster its presence both online and in stores.
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Upbeat K3 Capital anticipating opportunities

Company sales specialist K3 Capital Group is expecting opportunities to be created as it looks to navigate the ongoing pandemic.
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Insider Feature
Feature 2

Driving up efficiency

“In my experience, if you’ve got something that is not performing properly, the first thing you almost always have to do is spend money on it to put it right.” That’s the view of Andrew Baxter, managing director of Europa Worldwide Group.
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Business

Aldi to give workers 10 per cent bonus

Aldi employees who work in its stores and distribution centres are to receive a 10 per cent bonus.
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Yourgene signs Novacyt deal

Molecular diagnostics group Yourgene has signed an agreement for contract manufacturing services with Novacyt.
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Collaboration key as space sector responds to virus outbreak

A series of measures have been put in place to minimise the disruption the Covid-19 outbreak has on the UK's space sector.
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FCA gives listed firms more time to publish results

The Financial Conduct Authority (FCA) has revealed a number of measures to offer listed companies temporary relief during the coronavirus pandemic, including giving extra time to complete and publish audited accounts.
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Revenue nears £50m at game developer

Revenue has grown to almost £50m at listed video game developer Sumo Digital.
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Listed law firm cuts wages in Covid-19 response

Listed law firm Knights has announced wage cuts for board members and staff who earn more than £30,000 to help it deal with the Covid-19 pandemic.
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Property

Former bank transformation plans approved

Plans to transform a former bank in Basingstoke into a mixed-use scheme featuring apartments has been approved.
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Countryside suspends construction

Housebuilder Countryside has closed and suspended all construction work and closed its sales offices.
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Rescheduled MIPIM in June ‘not feasible’ because of virus crisis

The organiser of MIPIM 2020 has said it is not feasible to host the property festival in Cannes at its rescheduled date in June because of the ongoing coronavirus pandemic. An alternative event is being organised for September in Paris, with the next edition of MIPIM in Cannes set to take place in March 2021.
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Intu looks to access £330bn package as costs get cut

Shopping centre giant Intu could look to access the government's £330bn support package as it aims to navigate the coronavirus crisis, with the company reducing capital expenditure and cutting back on head office costs.
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Manufacturing

Character Group revenues to take a hit but balance sheet remains strong

The Character Group – a designer, developer and international distributor of branded toys, games and giftware – is sitting on a strong balance sheet but noted that revenues will take a "significant hit" on the back of the coronavirus disruption.
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Dyson to build ventilators to help coronavirus fight

Household appliances giant Dyson is understood to be set to make thousands of ventilators to aid the fight against coronavirus.
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