Today's Central and East business news from Insider |
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Central and East
Thursday 6 August 2020

Latest News

Top Story

IT firm acquired by global group

A Hertfordshire-based IT specialist has been bought by global software provider Civica.
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Insider Feature
Feature 1

Business Matters: Where next for dealmaking

Andy Gregory, head of investment at BGF, takes a look at what the future holds for dealmaking.
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Deals

Fertility specialist raises £3.9m

Oxford-based fertility treatment  specialist VivoPlex Group has raised £3.9m as part of a clinical stage financing round.
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Hammerson raises cash to overcome Covid-19

Shopping centre giant Hammerson has proposed a right issue in a move that could raise more than £550m. It has also sold its 50 per cent interests at a property investment firm.
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Covid-19 lending schemes support 1.2 million businesses

Just under 1.2 million businesses in the UK have been supported by finance from lenders through government-backed Covid-19 lending schemes, according to new figures from HM Treasury.
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Regulator identifies concerns in retail investment software merger

The Competition and Markets Authority  has provisionally blocked the merger of FNZ and GBST following an in-depth investigation. The retail invesment software specialists both have a significant presence in the UK.
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Business

“Recovery will be U-shaped” – KPMG chief economist

The economic recovery will be "in train from 2021", according to KPMG's chief economist in the UK Yael Selfin. Providing her outlook for the coming months, Selfin joined Insider's Future of Funding Online Forum on Tuesday 4 August.
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Pre-tax profits jump as logistics giant braced for Covid-19 hit

Pre-tax profits jumped at the UK arm of an international logistics giant, which works with the likes of watch maker Seiko, Mitsubishi and AstraZeneca, during its latest financial year. The company also revealed it is braced for a fall in revenue because of the Covid-19 pandemic.
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New car sales rise for the first time in 2020

The registrations of new cars in the UK rose for the first time this year in July, according to new figures.
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Up to 1,500 jobs at risk in WHSmith restructure

Up to 1,500 jobs could be cut by WHSmith as a result of the Covid-19 pandemic, the retailer has announced.
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Property

Costa files plans for Norwich Railway Station space

Plans have been filed to alter a unit in Norwich Railway Station to allow it to be occupied by coffee chain giant Costa.
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Planning system reforms outlined

Reforms designed to overhaul the planning system and revamp the way the country builds have been outlined by the housing secretary.
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Revamp plans for historic Oxford building set for nod

Plans to breathe new life into a grade II-listed Oxford building used by scholars, as well as being hired out for events and weddings, look set to get the green light.
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Work starts on major DIRFT project

Work has started on a major infrastructure project at Daventry International Rail Freight Terminal (DIRFT) in Northamptonshire.
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