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South West
Wednesday 29 April 2020

Latest News

Top Story

Architects firm sold to employee ownership trust

An architects firm which has worked on prominent projects across the UK has been sold to an employee ownership trust in a deal supported by Castle Corporate Finance.
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Insider Feature
Feature 1

Business Matters: Pivoting to online – a survival guide

In order to survive the coronavirus lockdown many businesses are moving online. Leading intellectual property and IT lawyer, Ben Travers from Stephens Scown LLP in Exeter outlines some tips for businesses that have made this change.
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Deals

Loan to take software firm to next level

A Cornish software developer has secured a £150,000 loan to drive forward growth with the support of the Cornwall and Isles of Scilly Investment Fund .
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M&S strengthens liquidity for Covid crisis

Marks & Spencer has completed steps to secure liquidity for the likely duration of the Covid crisis and to underpin its recovery strategy and accelerated transformation in 2021. The retailer will next month outline measures being taken to accelerate its transformation programme and the new ways of working being prepared under its "never the same again" programme.  
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Business

Loan schemes slow to provide support but progress being made – report

Loan schemes introduced to support businesses during the Covid-19 crisis have been slow to provide support, but progress is being made, according to the BCC Coronavirus Business Impact Tracker.
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Haven extends park closures until 31 May

Haven has extended the closure of its holiday parks for a second time in response to the coronavirus pandemic.
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Next warns of £1.6bn sales slump and losses

Retail giant Next has warned that its sales could slump by more than £1.6bn because of the Covid-19 pandemic. It could also make a pre-tax loss of £150m.
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Property

Devonshire to start controlled reopening of sites

Housebuilder Devonshire Homes has announced that it is planning a controlled reopening of its construction sites from next week.
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Strong start to 2020 for Persimmon

Listed housebuilding giant Persimmon has reported a strong start to 2020 prior to the Covid-19 outbreak and said it was well placed to respond to the challenges of the crisis.
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Manufacturing

Workers return to REIDsteel facility in Christchurch

Queen’s Award-winning structural steel company John Reid & Sons Ltd (REIDsteel) has welcomed workers back to its manufacturing facility in Christchurch.
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Other News

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Member Exclusive News

Richmond calls for removal of Amigo board

The majority owner of Amigo Holdings has revealed it intends to call an extraordinary general meeting in order to remove the entire board of the guarantor loan business. A new chairman and chief executive will be proposed.
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COO steps down at 1PM after senior management reorganisation

The chief operating officer of 1pm is stepping down as a director and leaving the AIM-listed provider of finance facilities to SMEs following a reorganisation of the senior management team.
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