Today's South West business news from Insider |
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South West
Wednesday 21 July 2021

Latest News

Top Story

Robust digital performance boosts Mulberry

Mulberry has hailed a strong digital performance during a financial year when its revenue was hit by the impact of Covid-19 and the closure of a majority of its physical stores. 
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Insider Feature
Feature 1

Ask the expert: Why business rates need to be re-evaluated by professionals

David Tanswell, managing director at Commercial Property Advisors, explains why business rates need to be re-evaluated by professionals.
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Deals

Comentis secures backing in funding round

Clinical tech provider Comentis has closed a pre-launch funding round at £200,000, against a pre-revenue valuation of £2m. Funding has been secured from senior figures from legal and financial services, with the support of Invest West.
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LDC South West and Wales team hails successful first half

The South West and Wales team of mid-market private equity firm LDC has completed three transactions in the first half of 2021, with a combined enterprise value of more than £280m.
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Insider Feature
Feature 2

Ask the expert: Is it time to abandon the search for brand ‘purpose’?

Paul MacKenzie-Cummins, founder and managing director of Clearly, says open the pages of pretty much most business magazines and you will invariably find a plethora of references to the term ‘brand purpose’. Its rise to the top of the organisational agenda over the last 12 months has been nothing short of meteoric. But what does ‘brand purpose’ mean? Does your business need to have one, and does it really drive sales?
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Business

Loungers buoyed by “post-Covid trends”

Revenues have fallen by more than 50 per cent at Loungers, which operates 175 cafes, bars and restaurants across England and Wales under the Lounge and Cosy Club brands, due to the Covid-19 pandemic. However, the company reported "significant market out-performance" since the reopening of hospitality.
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Future hails strong financial results

Future plc has hailed its 2021 financial year results in its latest trading update which are expected to be "materially ahead" of expectations.
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Revenue climbs in strong first-half at Alliance Pharma

Healthcare group Alliance Pharma has reported a strong first-half with revenue rising sharply.
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Transformational year for DWF

The chief executive of DWF has said the legal and business services provider enjoyed a transformational year after reporting revenue and adjusted profit growth. The firm also made a reported pre-tax loss of £30.6m, but said this was largely due to acquisition and closure/scale back related costs.
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Insider Feature
Feature 3

Ask the expert: What’s the secret sauce for business success?

What’s the secret sauce for business success? Jon Penn, Vistage peer group chair in the South West, says it’s all down to the ingredients that make up the sauce and getting these right is the secret, as he explains here.
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Property

Five Guys to open second Bristol site

Five Guys is set to open its second restaurant in Bristol after securing a new ten-year lease at a Clifton site.
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Bond’s Mill office for Carbon Magics

Zero carbon specialist Carbon Magics has set up a new office at Bond’s Mill, Stonehouse, owned by Robert Hitchins Ltd.
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Partner among Alder King appointments

Property consultancy Alder King has bolstered its planning service, with another two appointments to the team. 
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Potential equity raise under consideration at Home REIT

Home REIT, which funds the acquisition and creation of properties across the UK that are dedicated to providing accommodation to the homeless, is contemplating a potential further issue of equity.
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Other News

NEW 2021 South West Top 500 Companies data - now available to order

Member Exclusive News

Wiltshire development for smart energy firm

A smart energy service provider has secured a contract on a major development in Wiltshire.
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Agents to market seven JD Wetherspoon pubs

Pub operator JD Wetherspoon has confirmed the appointment of CBRE and Savills to sell seven of its pubs across England and Wales.
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