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South West
Thursday 16 April 2020

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Work underway at Spirax Sarco on part for oxygen device

Industrial steam specialist Spirax Sarco has begun machining a critical component part for use in a device that is being used to provide potentially life-saving oxygen to patients affected by Covid-19.
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Insider Feature
Feature 1

Business Matters: Understanding the unprecedented - acknowledging the road ahead

Andy Gregory, head of investments at BGF, looks at the impact of Covid-19 on businesses so far and what lies in store over the coming months.
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Deals

Funding to support development of marine technology

Plymouth-based technology development business Frontier Technical has secured funding which will enable it to access consultancy services from Devon-based specialist suppliers.
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United Capital grows investment pipeline to more than £350m

United Capital, an investment group focused on the UK building services and facilities management sector, has grown its acquisition pipeline to more than £350m.
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Business

Emergency loan scheme accelerates but ‘more work needed’

More than £1.1bn of loans have been provided under a criticised emergency government scheme for firms affected by coronavirus after an acceleration in the process. But the Federation of Small Businesses has said more work is needed to make the scheme a success.
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Profits up at Liz Earle

Profits have increased at a renowned skincare brand founded on the Isle of Wight in 1995, according to new accounts.
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easyJet in “strong position” as H1 losses narrow

easyJet has reported a "very strong" first half of its financial year, prior to the impact of coronavirus, with pre-tax losses narrowing and revenue rising.
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Administrators appointed at Oasis and Warehouse

Fashion chains Oasis and Warehouse have entered administration, according to reports, with about 200 jobs lost and more than 1,800 staff furloughed.
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Property

Wasdell takes new site to service extra contracts

Pharmaceutical and health product specialist group Wasdell has moved part of its operation into a new 108,000 sq ft site at Groundwell Industrial Estate, North Swindon, in a bid to service additional contracts.
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Barratt Developments to furlough 85 per cent of staff

Housebuilding giant Barratt Developments has confirmed it is in the process of furloughing about 85 per cent of its employees to help combat the impact of the Covid-19 on the listed business. Top executives have also agreed to cut their pay by 20 per cent.
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Other News

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Member Exclusive News

Brewery pledges support for tenants and lessees

St Austell Brewery has pledged to support the self-employed publicans who are tenants or lessees of 147 of its South West pubs, throughout the duration of the coronavirus pandemic.
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BCP Council provides £30m in grant support

Nearly 2,200 businesses across Bournemouth, Christchurch and Poole have received grants totalling £30m from BCP Council in less than three weeks to help them through the coronavirus pandemic.
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