Today's South East business news from Insider |
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South East
Wednesday 14 July 2021

Latest News

Top Story

Tritax secures green light for major Bicester schemes

Tritax Symmetry has secured planning permission for the development of two major industrial schemes at its logistics park in Bicester, which will add more than half a million sq ft of space to the site.
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Insider Feature
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Business Matters: Disengaged employees are 60% more likely to make mistakes compared with their engaged colleagues

Leigh Dauncey from Partners&, says research has shown that employees who are engaged in their work tend to be happier and healthier, which can lead to greater employee retention.
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Deals

ROCK Insurance Group snapped up by Staysure

Crawley-based ROCK Insurance Group, which works with the likes of Jet2 and Tesco Bank, has been snapped up by travel insurer Staysure.
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Cardiovascular disease specialist to float with £42.2m market cap

An Oxfordshire business focused on the risk assessment, prediction and prevention of cardiovascular disease is set to float on the London Stock Exchange with a market capitalisation of more than £42m.
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DTM buys digital tyre management services provider

Tyre management specialist DTM, which is backed by Palatine Private Equity, has acquired a provider of digital tyre management services based in Basingstoke.
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XCD buys recruitment software firm

HR and payroll software provider XCD has acquired Hireserve, a Basingstoke-based recruitment software company, supported by a further £3m investment from BGF
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Pitalia Capital to launch £50m investment fund

Pitalia Capital has outlined plans to launch a £50m investment fund in response to increased demand for capital and support from small to mid-sized businesses across the UK. The move comes on the back of a senior hire at the firm who will lead the venture.
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Revolution Beauty Group eyes £495m market cap with AIM listing

Revolution Beauty Group has shed further light on its proposed admission to AIM, with the move set to give the multi-brand outfit a market capitalisation of £495m.
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AstraZeneca’s $39bn Alexion deal clears final hurdle

Biopharmaceutical giant AstraZeneca's proposed $39bn takeover of Alexion Pharmaceuticals has cleared a major hurdle, with completion now close.
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Business Matters: A four-pillar approach for a lean future

As we find ourselves racing to build back business and our economy, as well as meeting increasingly ambitious net zero targets, the drive to create efficiency in our processes has never been more pressing, says Eugene Smethurst, technical director at Atkins.
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Business

Turnover and profits climb at freight giant’s UK arm

Turnover and profits have climbed at the UK arm of a global freight forwarder specialising in beer, wine and distilled spirits, according to newly filed results.
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New group launches following merger

The Automotive Transformation Group has been launched following the merger of Autofutura and GForces.
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Investment to boost cybersecurity growth across UK

Cyber businesses across the UK are set to benefit from a £700,000 fund.
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Revenue surges past £100m mark at Knights

Revenue surged past the £100m mark at listed law firm Knights during its latest financial year, according to new results.
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Freeths pays back Job Retention Scheme funds

Freeths LLP has revealed that it is paying back funds received from the government’s Job Retention Scheme after the firm exceeded its 2020/21 Covid-adjusted targets.
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Insider Feature
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Business Matters: Now is the time to encourage the UK’s next generation of entrepreneurs

Martin Verrall, tax director at Grant Thornton UK LLP, explores how tax relief can encourage start-ups and why creating an entrepreneurial culture is going to be important for the UK’s economy as it recovers from the COVID-19 pandemic.
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Property

Milestones reached at £700m Woking scheme

Victoria Square Woking, a joint venture between Moyallen Group and Woking Borough Council, has announced the significant advancement of Victoria Place, the £700m regeneration scheme in Woking town centre.
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Tilney Smith & Williamson ups Guildford footprint

Wealth management and professional services firm Tilney Smith & Williamson has expanded at Guildford’s Onslow House.
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Center Parcs lines up site for sixth location

Center Parcs has identified 553 acres of woodland in West Sussex for its sixth location. The development, which would represent an investment of about £400m, is expected to create thousands of jobs.
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Listed Oxfordshire hotel snapped up

A grade ll-listed hotel located near Blenheim Palace World Heritage site in Oxfordshire has been acquired off a guide price of £2.75m.
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Adviser hired to lead development’s latest equity raise

Clearwater International has been appointed to raise capital on the latest stage of development of a major commercial estate in Oxfordshire.
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Insider Feature
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Business Matters: Deploying a digital fabric for communities

Across the public and private sector, the Covid-19 pandemic has seen digital adoption accelerate at a rate of knots, says Richard Emery, South & East Director – Private Sector at BT. And whilst technology adoption was already on the agenda for many organisations, we’ve seen many sectors step up their digital transformation ambitions in the past 12 months.
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Manufacturing

Manufacturer expands with relocation

Parts manufacturer Polycast has expanded with move to new premises at Concorde Park in Segensworth, pushing the site to its 50 per cent occupancy milestone.
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