Today's South East business news from Insider |
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South East
Friday 12 June 2020

Latest News

Top Story

Centrica to slash thousands of jobs

British Gas owner Centrica is to cut about 5,000 jobs as part of a "significant restructure" which will simplify its management layers and shift its focus towards customers.
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Insider Feature
Feature 1

Live wire

Thirty years ago, in a double garage in Cambridgeshire, Paul Broadhurst, Richard Chamberlain and Martin Sellars hatched their business idea. Electronics engineers with manufacturing backgrounds, they had got to a stage in their career when they had had enough of writing reports and wanted to return to making things.
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Deals

Brewery smashes crowdfunding goal

West Berkshire Brewery, whose beers include Good Old Boy and Renegade Lager, has smashed its £750,000 crowdfunding target.
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Seven-figure package for fish and chip shop chain

A fish and chip shop chain has transformed its business model after securing a seven-figure loan from HSBC UK.
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Go Ape to reopen with CBILS fuding

Outdoor adventure company Go Ape will reopen with the support of funding from the Coronavirus Business Interruption Loan Scheme (CBILS) through Clydesdale Bank.
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Trio of acquisitions for Johnson Controls

Johnson Controls has expanded through a trio of acquisitions.
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New lenders approved for coronavirus loan schemes

A host of new lenders have been accredited for the UK Government's three main coronavirus loan initiatives.
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Business

Turnover passes £90m at employee-owned packaging company

Turnover at an employee-owned packaging company jumped past the £90m mark during its latest financial year, new documents have revealed.
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Trooli passes broadband milestone

Kent telecoms provider Trooli has installed more than 200km of its ultrafast broadband network.
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Exceptional costs force Holland & Barrett to make pre-tax loss

Exceptional costs forced Holland & Barrett to make a pre-tax loss of almost £26m after posting profits of more than £80m in the prior 12 months, new documents have revealed. However, revenues passed the £700m-mark.
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Travel management firm repatriates hundreds during pandemic

A specialist travel management company headquartered in Hampshire has helped repatriate hundreds of people to their home countries during the coronavirus pandemic.
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Property

Work starts on London Biggin Hill Airport aircraft service centre

Structural steel specialist John Reid & Sons and design and build firm Civils Contracting have started work on a new business aircraft service centre at London Biggin Hill Airport.
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Manufacturing

Rich’s to cut 100 Andover jobs

Bakery and dessert's maker Rich's has revealed 100 roles at its Andover site are at risk.
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