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Central and East
Wednesday 29 July 2020

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Taylor Wimpey boss upbeat despite first-half loss

Housebuilder Taylor Wimpey has reported a loss before tax in half-year results due to site closures caused by Covid-19. However, the company's chief executive said that he is "pleased" with the company's "resilience" during the period.
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Insider Feature
Feature 1

Business Matters: Where next for dealmaking

Andy Gregory, head of investment at BGF, takes a look at what the future holds for dealmaking.
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Deals

Hygiene firms secure £4m facility to support demand surge

A Milton Keynes-based group has secured a £4m invoice discounting facility from Bibby Financial Services to support a surge in demand for its hygiene products caused by the outbreak of Covid-19.
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More than £49bn approved under Covid-19 loan schemes

Loans totalling more than £49bn have been approved through the UK Government's three Covid-19 schemes for in excess of 1.17 million businesses, new figures have revealed.
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Business

Future of funding under scrutiny at Insider’s Online Forum

At a time when the nation potentially faces its biggest economic turbulence for decades, business leaders are rightly looking for answers when it comes to how they can continue to fund and grow their businesses.
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Logistics firm eyes further growth

A Luton-based logistics firm is eyeing further growth after experiencing an increase in demand.
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B&M anticipating strong performance

Discount retailer B&M is set to report a strong half-year performance.
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600 jobs at risk at LV= General Insurance

LV= General Insurance has outlined plans to cut about 600 jobs over the next two and a half years as it looks to re-shape following a major acquisition and position itself for the future.
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Next makes profits forecast as first half sales drop

Retail giant Next has said it now estimates it will make a pre-tax profit of almost £200m after the Covid-19 pandemic significantly hit the business during the first half of its financial year.
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Property

Milton Keynes development site brought to market

Property consultancy Kirkby Diamond has launched the sale of a site in Milton Keynes with outline planning permission for 120 new homes. 
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Braintree Village creates jobs with a trio of store openings

Shopping destination Braintree Village has opened three new stores, bringing more than two dozen jobs to the local area.
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Manufacturing

Breedon’s recovery “well underway” after first-half decline

Pre-tax profits slumped 126 per cent at construction materials giant Breedon during the first half of its financial year because of the Covid-19 pandemic. It added however that its recover is "well underway" and its outlook "remains positive".
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Revenue reverses as Aston Martin’s losses driven up

Revenue slumped by more than 60 per cent at Aston Martin during the first six months of the year with pre-tax losses rising to in excess of £220m. The results were affected by the Covid-19 lockdown.
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