Today's South West business news from Insider |
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South West
Thursday 30 April 2020

Latest News

Top Story

Firm to maintain NHS frontline support after funding deal

An engineering company that provides services to NHS hospitals throughout the South West and Wales is using funding support from NatWest so it can continue helping frontline medical staff during the coronavirus pandemic.
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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

Wasdell Group expands with packaging supplier deal

Pharmaceutical outsourcing partner Wasdell Group has acquired a packaging supplier serving the same sector.
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Robotics and AI specialist completes funding round

A digital marketplace for robotics and AI services has completed a six-figure equity funding round.
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Advisory firm reveals work on Cheltenham hotel deal

Specialist mergers and acquisition advisory business GS Verde Group has revealed its role in the sale of the business behind The Clarence Court Hotel in Cheltenham. The deal was funded by HSBC UK.
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Allied Irish Bank (GB) approved for CBILS lending

Allied Irish Bank (GB) has been approved for accreditation by the British Business Bank as a new lender for the government-backed Coronavirus Business Interruption Loan Scheme (CBILS).
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Runescape developer changes hands

The video game developer behind Runescape has been acquired by asset management firm Macarthur Fortune Holding in a $530m deal.
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Business

Wickes to trial store reopenings

Home improvement retailer Wickes has outlined plans for a trial that will see it re-open six stores under strict social distancing measures.
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Wetherspoons completes placing and outlines reopening plans

JD Wetherspoon has raised more than £140m in a share placing. The company also outlined its plans to start reopening pubs and hotels in late-June.
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Property

Bristol University acquires office premises from BBC

Two semi-detached grade II-listed period buildings spanning more than 10,000 sq ft have been snapped up.
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Distribution portfolio acquired for almost £50m

A portfolio of regional warehouses has been snapped up by Urban Logistics from Legal & General Investment Management for £47.2m.
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Bellway to begin phased restart of construction work

National housebuilder Bellway is set to resume construction work on a phased basis after developing measures to ensure social distancing.
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Manufacturing

Häfele Group hails performance in “challenging year”

The UK arm of manufacturer and supplier of furniture fittings and architectural hardware Häfele Group has hailed its performance despite describing 2019 as a "challenging year".
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Pandemic hits March car making figures

Car manufacturing in the UK slumped almost 40 per cent in March, according to new figures released by the Society of Motor Manufacturers and Traders (SMMT).
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Other News

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Member Exclusive News

Firm advises on energy projects transfer

Law firm Burges Salmon has advised Gresham House DevCo and Noriker Power on the transfer of two 50 MW battery-only projects.
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Commercial director appointment at Truespeed

Full-fibre infrastructure provider and ISP Truespeed has appointed a commercial director.
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