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

Latest News

Top Story

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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Insider Feature
Feature 1

Ask the expert: How refinancing your business could be the key to growth in challenging times

Refinance transactions may fall under the radar in the mainstream media but that does not make them any less vital than other forms of financing, according to Andrew Rutherford commercial director at Arbuthnot Commercial ABL, who says the funding could be the perfect answer for many South East businesses seeking to emerge stronger from the Covid-19 crisis.
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Deals

Fairstone buys Berkshire business

Chartered financial planning firm Fairstone has acquired a business in Berkshire.
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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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New chair at Thames Valley LEP

The Thames Valley Berkshire Local Enterprise Partnership (LEP) has appointed a new chair.
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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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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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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

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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Boutique developer acquires Surrey and London sites

Boutique developer Life Less Ordinary has acquired commercial sites in London and Surrey with a combined gross development value of £25m.
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Manufacturing

Majority of SE manufacturers turn to furlough - report

Four fifths of manufacturers in the South East furloughed staff due to the coronavirus crisis, a new report has found.
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Services & Guides

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Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

The region's top places to hold events, conferences and meetings.
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