Today's Wales business news from Insider |
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Wales
Tuesday 30 June 2020

Latest News

Top Story

Plans submitted for £85m Cardiff scheme

Plans have been revealed for an £85m residential development in Cardiff being brought forward by a joint venture between Angelo Gordon and Ridgeback Group.
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Insider Feature
Feature 1

Ask the expert: How will liquidity requirements drive M&A in the second half of 2020?

Ruairí Ó Dochartaigh, financial advisory director at Deloitte, looks at how liquidity in the short and medium term will affect M&A, and what business owners in Wales should consider when looking to raise funds or transact in the current environment.
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Deals

Bank funding supports investment at iTeach

Cardiff-based iTeach has invested more than £700,000 to acquire 2,500 Chromebooks for distribution across Welsh schools supported by Barclays via a UK Government-backed emergency loan scheme.
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BP to sell petrochemicals business to INEOS for $5bn

BP has agreed a deal to sell its global petrochemicals business to INEOS for $5bn (£4.1bn).
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€125m first close of new GP Bullhound fund

Investment firm GP Bullhound has completed the first close of its latest fund with €125m (£115m) of capital commitments.
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Insider Feature
Feature 2

Business Matters: What does a fair redundancy process look like?

Sarah Alford, a senior associate specialising in employment and HR law at Berry Smith Lawyers, considers what a fair redundancy process looks like.
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Business

Green grant funding success for Welsh building society bid

A Welsh building society is involved in one of three bids to secure grant funding in the UK Government's Green Home Finance Innovation Fund competition.
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New CFO in at FRP

FRP Advisory Group has appointed a new chief financial officer.
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Property

Redrow upbeat despite ‘profound’ impact of Covid-19

Housebuilder Redrow has outlined the ‘profound’ impact of Covid-19 on its financial results which prevented the business from posting a record year.
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Restaurant Group creditors back CVA proposals

The Restaurant Group's plans to reduce the size of its estate by implementing a CVA have been backed.
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Manufacturing

UK engine manufacturing “skyrockets”

Engine manufactuing in the UK "skyrocketed" in May but was still 75 per cent down on the same month in 2019, new figures show.
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Member Exclusive News

Pair team up to source new solar and battery projects

EDF Renewables UK is starting a new partnership with Octo Energy to identify and bring forward hybrid solar and battery storage projects in England and Wales.
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