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Central and East
Tuesday 14 July 2020

Latest News

Top Story

Ocado hails ability to meet demand as interim revenues surge

Ocado has said a 27 per cent surge in half-year revenue - which drove the figure past the £1bn-mark - demonstrates the online grocer's 'ability to meet unprecedented, sustained demand' as a result of the Covid-19 pandemic. Although profits were impacted by ongoing investment, the business hailed its "strong" balance sheet.
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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

Pandemic support for Herts firm

A Hertfordshire commercial sales agency has secured a package from Clydesdale Bank to support it through the pandemic.
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Transaction activity rebounding as firms look beyond pandemic - LDC

Mid-market private equity firm LDC said there were signs transaction activity had started to rebound as more companies looked beyond the impact of the pandemic to long-term growth and diversification strategies. In a half-year update, the firm announced it had backed a total of 18 investments in the first half of 2020.
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Creative Support backed by £25m boost

Creative Support has secured a £25m refinancing deal in a move which provides it with a solid platform for long-term security and growth.
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Business

Motorpoint’s revenue and profits take lockdown hit

Full-year revenue at Motorpoint took a £40m hit because of temporary site closures due to the Covid-19 lockdown during its busiest trading month, new results have revealed.
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Property

Cambridge life sciences campus reaches full occupancy

BioMed@Babraham is now fully leased after a drug discovery company agreed to take 25,000 sq ft at the site.
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Willmott Dixon handed Sci-Tech Daresbury contract

Letchworth-headquartered Willmott Dixon has been hired as lead contractor for a 42,000 sq ft speculative scheme at Sci-Tech Daresbury in Warrington.
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Manufacturing

Results driven up at Peugeot’s UK arm

Revenue increased by almost £70m at the UK arm of Peugeot during its latest financial year, with the company's pre-tax profits also rising.
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