Today's South East business news from Insider |
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South East
Thursday 16 July 2020

Latest News

Top Story

Aircraft cabin component maker in administration

A Gatwick-headquartered aircraft cabin component specialist - which counts easyJet, British Airways and Virgin Atlantic among its clients - has called gone into administration.
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Insider Feature
Feature 1

Business Matters: Covid-19 - Innovation the key to sustainable business recovery

Kush Birdi, head of corporate and commercial at Grant Saw Solicitors LLP, looks at how innovation will be key for business recovery.
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Deals

Jobs saved in shoe retailer rescue deal

Almost 70 jobs has been saved after a shoe retailer was acquired out of administration.
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Kent acquisition for RSK

Environmental, engineering and technical services business RSK Group has strengthened its asbestos and engineering services operations with a pair of acquisitions, one of which is based in Kent.
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Sumo Group raises £14m to support M&A activity

Listed video game developer Sumo Group has raised almost £14m through a placing to take advantage of further M&A opportunities.
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Small SE firms set to benefit from seven-figure boost

Small and medium-sized businesses across the South East are send to benefit from a seven-figure funding package from Unity Trust Bank.
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Butcher secures £150k loan

An artisan butcher has acquired two rural butchers' shops in Hampshire and is set to launch in London after recieving support from Reach Commercial Finance.
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Business

Five equity partner appointments at PwC

PwC has appointed five new equity partners across its South East region.
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Buzz Bingo to close clubs after pandemic hit

The company behind the Buzz Bingo chain – formerly Gala Bingo – has confirmed that 26 of its clubs will not be reopened after being shut because of the Covid-19 lockdown. The business has said the move could potentially lead to about 573 job losses.
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Job losses and site closures as Bistrot Pierre sold in pre-pack deal

Private equity-backed Bistrot Pierre has been sold out of administration in a pre-packed deal, preserving 682 jobs. However, 123 redundancies have been made and six of its restaurants will close.
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Property

Southampton letting for Handelsbanken

Handelsbanken has taken space at the revamped Oceana House in Southampton city centre, joining law firm Womble Bond Dickinson and AVASK Accounting.
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Morgan Sindall hired for £15m Oxford uni project

Morgan Sindall Construction has been appointed by the University of Oxford to create the institution's first college in three decades.
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Hangleton housing scheme completes

A new residential development has completed in Hangleton as part of Brighton & Hove City Council’s New Homes for Neighbourhood programme.
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Manufacturing

BHC enters £2m English whiskey JV

Buckinghamshire-headquartered infused spirits maker The British Honey Company (BHC) has entered into a joint venture (JV) with its largest shareholder to set up and operate a new distillery and bonded warehouse within the Tusmore Park Estate in Oxfordshire.
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