Today's South East business news from Insider |
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South East
Thursday 2 April 2020

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Brewer ‘preparing for high demand’ post-pandemic

Sussex craft beer producer Hepworth is getting its brewery in a "condition to meet the high demand" for when the restrictions around the coronavirus pandemic are lifted, with the business also experiencing a surge in shop sales and introducing a home delivery service as customers practice social distancing.
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Insider Feature
Feature 1

Ask the Expert: Private Equity – the SME power booster

In any situation where SME business owners are looking for an exit, ambitious management teams keen to take on an ownership role or where growth capital is being sought to drive the next level, private equity is a real option for SME businesses. Brad McAvoy, corporate finance director from James Cowper Kreston, explores the issue.
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Deals

EY acquires R&D tax relief specialist

Professional services giant EY has acquired an R&D independent tax consultancy which specialises in supporting companies accessing R&D tax relief through the small to medium size enterprises (SME) scheme.
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Investment firm moves for precision metalworking business

An Ashford-based provider of high precision sheet metalworking services has been acquired by Kent Business Investors.
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Majority stake taken in paper and packaging distributor

A listed Japanese group has agreed to take a majority stake in a European paper and packaging distributor which employs more than 1,000 workers in the UK.
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Insider Feature
Feature 2

Ask the expert: Force majeure clauses and Covid-19

Rebecca Glazebrook, a partner at PDT Solicitors, looks at what to do if your business is likely to be affected by the pandemic.
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Business

Unsecured creditors of collapsed retailer owed £4.24m

The unsecured creditors of a toy and novelty gift retailer - which had been trading since the 1970s before its collapse earlier this year following a "challenging" Christmas - could be set to miss out on more than £4m.
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Business secretary calls on banks to support crisis-hit firms

Business secretary Alok Sharma has said it is 'completely unacceptable' if banks are 'unfairly refusing funds to good companies in financial difficulties' amid criticism of the industry and concern about the ability of firms to survive the current shutdown in place to tackle the coronavirus. The Chancellor is set to come forward with additional measures to help small businesses trying to access support.
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Boyes Turner ‘will emerge stronger’ says managing partner

The incoming managing partner of specialist tech law firm Boyes Turner has vowed the company - and the wider sector - 'will emerge stronger' from the Covid-19 pandemic.
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Europa division helps deliver urgent beds to coronavirus hospital

A division of logistics business Europa Worldwide has helped urgently deliver medical beds to one of the NHS Nightingale coronavirus hospitals.
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Business report sharp and significant fall in revenue - BCC

UK businesses have reported a sharp and significant fall in domestic and overseas revenue according to the British Chambers of Commerce's (BCC) first Covid-19 Business Impact Tracker.
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Property

U+I agrees Harwell Campus stake sale

Regeneration developer U+I has exchanged on the sale of its holding in Harwell Campus – a science and technology campus in Oxfordshire – in a deal worth more than £40m.
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Hotel plans for Georgian villa approved

Plans to transform a three-storey Georgian property in Southampton which dates back to the early 19th century into a hotel have been approved.
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Landsec establishes rent relief support fund

Property giant Landsec has established an £80m rent relief support fund for tenants affected by the coronavirus outbreak.
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Manufacturing

Oxford firms join forces to develop Covid-19 antigens

Two Oxford businesses have formed a strategic partnership to scale-up production of Covid-19 antigens to test for the disease in the wake of the coronavirus pandemic.
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