Today's South East business news from Insider |
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South East
Thursday 19 September 2019

Latest News

Top Story

Senior recruit to head EMC team in East Sussex

Business growth and corporate finance firm EMC has brought in a senior recruit to head its team in East Sussex.
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Insider Feature
Feature 1

Business Matters: South East Survey - optimism despite the challenges

Amid all the confusion and negativity around Brexit, it would be very easy to think that manufacturers in the South East would be mired in doom and gloom about the future, says John Stevenson from EMC Management Consultants. Fortunately, that’s not the case.
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Deals

Acquisition for BGF-backed technical support services firm

BGF-backed technical support services specialist OnePLM has acquired Siemens software partner Team Engineering.
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Tilney and Smith & Williamson agree “transformational” merger

The boards of Smith & Williamson and Tilney have agreed to merge, creating a wealth management and professional services group with revenues of £500m. The move values the combined business at £1.8bn.
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Watchstone’s Canada arm to sell healthcare business

Eastleigh-headquartered Watchstone Group's Canadian subsidiary has agreed to sell its healthcare services division for £22.3m.
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AnaCap raises €1bn for new fund

AnaCap Financial Partners, a dedicated financial services investor, has closed its fourth Credit Opportunities fund, raising a total of €1bn (£886.5m).
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Concerns raised over JD Sports’ £90m Footasylum takeover

JD Sports' takeover of Footasylum could be bad for shoppers – both online or instore – with the Competition and Markets Authority lining up a more in-depth investigation should its concerns not be addressed.
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Business

Car Store closures put hundreds of jobs at risk

Automotive retail giant Pendragon has revealed plans to close 22 of its Car Store sites, putting in the region of 300 jobs at risk.
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Profits jump at cinema giant

Pre-tax profits have jumped at the UK arm of the company behind Showcase Cinemas, newly filed documents have confirmed.
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Property

Kier taking “decisive action” after disappointing year

The chief executive of Kier Group has said "decisive action" is being taken to bounce back from a disappointing financial performance which included a £245m statutory pre-tax loss. The construction and infrastructure services giant is also looking for a new chairman after announcing that Philip Cox is to step down.
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‘Palmerston’s Follies’ hit the market

Three historic forts in the Solent – two of which have been redeveloped into luxury hotels – have been placed on the market by the entrepreneur behind bed company Dreams. The structures were built by Prime Minister Lord Palmerston in the 1860s when he feared invasion by the French.
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New vision unveiled for major Canterbury building

A major Canterbury building that has stood largely unused for a decade could be brought back to life if proposals are given the go-ahead.
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OakNorth funds Tunbridge Wells scheme

OakNorth Bank has provided a £3.7m loan to Clearview Developments for a new residential development in Royal Tunbridge Wells.
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Manufacturing

Profits leap at Henry firm despite Brexit uncertainty

The company behind the 'Henry' brand of vacuum cleaners has reported increased revenue and profits in its latest financial accounts despite the ongoing uncertainty about Brexit.
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Waitrose listing for Great British Porridge Co

A porridge brand which appeared on Dragons' Den has secured a listing with Waitrose.
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