Today's Central and East business news from Insider |
| Thursday 17 September 2020 |
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Latest News | Plans to build a new doctors' surgery and care home in a Bedfordshire village, which forms part of a wider urban extension, look set to take a step forward.
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Ken Craig, partner at Azets, talks about the possible reforms in tax and who will bear the burden of the circa £300bn missing from the treasure chest, which is the estimate of the overall public finance cost of COVID according to the Office for Budget Responsibility.
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The clinical negligence, personal injury and professional negligence team at Norwich law firm Morgan Jones Pett has joined Hatch Brenner Solicitors.
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Professional services and technology business Davies has acquired a cloud application provider based in Oxford.
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Cambridge-based SPT Life Sciences has acquired LBD Life Sciences, a supplier of instrumentation to the drug discovery market in China.
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The competition watchdog has said Ardonagh Group's acquisition of Bennetts Motorcycling Services raises concerns.
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HMT has advised Maven Capital Partners on its investment in a genetic testing business.
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A pub group is expecting its trade to be at 77 per cent of its pre-Covid capacity over the next 12 months.
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Next made a pre-tax profit of just £9m during the first half of its finance year as its sales slumped by more than a quarter because of the Covid-19 pandemic. However, the retail giant said it is optimistic for the future after the company revealed that all of its guidance scenarios see it generating a profit, cash and reducing its debts.
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Take-up of office and laboratory space in the Oxford-Cambridge Arc has remained resilient during the first half of 2020, according to a new report from Bidwells.
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A Northamptonshire-based factory outlet discount wholesaler has secured just under £1m from Cambridge & Counties Bank to upgrade its 50,000 sq ft warehouse.
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The parent company of skincare products maker Nivea's UK arm has described the results for its latest financial year as "satisfactory". It added that the Covid-19 pandemic is not expected to have a material impact on its ongoing business.
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