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Central and East
Wednesday 1 April 2020

Latest News

Top Story

Science Group subsidiary develops new ventilator in wake of pandemic

Science, technology and product development business Sagentia - part of Science Group - has developed and protoyped a new ventilator, with a deal for 10,000 units on the horizon.
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Insider Feature
Feature 1

Ask the Expert: Do law firms need to undertake due diligence on IFA businesses?

Proposed guidelines from the Solicitors Regulation Authority (SRA) show an increased need for due diligence when it comes to referrals with Independent Financial Advisers (IFAs). What does this mean for law firms? John Duns from Fairstone finds out.
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Deals

Rapidly growing IFA firm snaps up counterpart

Independent financial adviser firm Ascot Lloyd has expanded with the acquisition of a counterpart with £382m funds under management.
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CMA clears betting company deal

The Competition and Markets Authority (CMA) has cleared the proposed merger of the company behind Paddy Power and the owner of Sky Bet.
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Business

Coronavirus leads to highest grocery sales ever recorded - report

The public's response to the coronavirus crisis has led to March being the biggest month for grocery sales ever recorded, according to the latest grocery market share figures from Kantar.
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Business confidence in East of England declines

Business confidence in the East of England slumped in March, according to a new report from Lloyds Bank.
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New CEO appointed at Domino’s Pizza Group

A former chief executive at Costa Coffee is to take the helm at Domino's Pizza Group.
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Banks to cancel dividends to help fight against Covid-19

Some of the UK’s largest banks have announced plans to cancel dividend payments in response to a request from the Bank of England through the Prudential Regulation Authority. The move is designed to free up capital to help tackle the Covid-19 crisis.
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Virgin Money suspends job cut and branch closure programme

Virgin Money has cancelled its programme of store closures and job cuts until further notice.
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Turnover surges at Poundstretcher parent but losses widen

Turnover surged past the £400m mark at the company behind discount national retailer Poundstretcher during its latest financial year, but its pre-tax losses widened to almost £10m, new accounts have revealed.
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The Gym Group partners with fitness app

The Gym Group, which has almost 180 24/7 facilities across the UK, has launched a new on-demand product for its members through a partnership with a fitness app.
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Property

Big Yellow secures new debt facility

Self-storage giant Big Yellow has completed a seven-year debt facility with Aviva worth £35m.
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Manufacturing

Distil and BHC joint venture comes to an end

A joint venture agreement between premium drinks company Distil and Aylesbury-headquartered British Honey Company (BHC) has come to an end.
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