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Central and East
Wednesday 10 June 2020

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EACS secures Shawbrook package

IT managed services provider EACS has secured a multimillion-pound funding package with Shawbrook Bank. Knight Corporate Finance advised on the deal.
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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

Cambridge’s small businesses to benefit from £1.1m grant scheme

Cambridge City Council has made more than £1.1m available to small and micro businesses.
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Lenders reach £34.9bn coronavirus milestone

Lenders have approved £34.9bn to more than 830,000 businesses so far through the three major government-backed lending schemes, according to new figures.
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Founder and chief executive take control of Iceland

The founder and chief executive of Iceland Foods have acquired full ownership of the frozen food supermarket group.
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Business

The Restaurant Group outlines CVA proposals

The Restaurant Group has outlined plans to reduce the size of its estate by implementing a CVA, with the aim of exiting approximately 125 trading sites, as well as seeking improved rental terms.
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Sales pass £1bn milestone at The Hut Group

Online retail giant The Hut Group has increased sales past the £1bn mark during a year of "significant progress", with the company now eyeing further growth.
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Property

Redwood provides £3m property loan

Letchworth Garden City-based Redwood Bank has provided a £3m package to a professional landlord. MSB advised on the deal.
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Galliard reports surge in first-time buyer reservations

Loughton-based Galliard Homes has experienced an influx of first-time buyer reservations in the two weeks since lockdown was eased.
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