Today's South East business news from Insider |
Latest News | Proximity Data Centres, a regional edge colocation provider, has secured new funding from ICG-Longbow, the real estate division of Intermediate Capital Group.
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In any situation where SME business owners are looking for an exit, ambitious management teams keen to take on an ownership role or where growth capital is being sought to drive the next level, private equity is a real option for SME businesses. Brad McAvoy, corporate finance director from James Cowper Kreston, explores the issue.
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A Kent-based music merchandising has secured jobs with the backing of Lloyds Bank Commercial banking.
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A West Sussex brewer has smashed its crowdfunding goal as it sets its sights on brewing one million pints per year through a move to a new facility on the Duke of Norfolk’s Angmering Park Estate.
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The merger of two retail investment software companies could result in a loss of competition, according to the Competition and Markets Authority (CMA).
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Drinks company C&C Group has successfully issued a US private placement, securing approximately €140m injection of new capital.
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Rebecca Glazebrook, a partner at PDT Solicitors, looks at what to do if your business is likely to be affected by the pandemic.
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Listed companies in the South East are issuing profit warnings at an unprecedented rate, with a sharp uptick triggered by Covid-19, according to new analysis.
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Pollution control specialist Vikoma has secured government-backed guarantees worth more than £300,000 to export equipment that will help contain and clean-up oil spills in marine and industrial centres across the globe.
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Insurance and roadside assistance provide the AA expects pre-tax profits to double to in excess of £100m in its latest financial year.
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Hastings-headquartered teleradiology services provider Medica Group has appointed a new chief financial officer (CFO).
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Italian eatery chain Carluccio's, which has more than 70 restaurants and delis across the UK, has called in administrators. Insolvency specialists said they are "urgently addressing all options" for the company and will access the government's coronavirus job retention scheme to furlough its 2,000-strong workforce.
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MarineSpace has been appointed as lead offshore environmental impact assessment consultant for a wind project in the Celtic Sea.
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Property giant Hammerson has said it is considering requests for rent deferrals on a case-by-case basis as it attempts to support tenants during the coronavirus outbreak.
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Plans to convert part of a grade II-listed building in Brighton into a restaurant have been given the green light.
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The chairman of LSL Property Services, which operates the likes of Your Move and Reeds Rains, has described new results as "resilient," with revenue and pre-tax profit slipping due to difficult market conditions.
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The chairman of Michelmersh has said the specialist brick maker is well-placed to meet the challenges presented by the coronavirus pandemic following a record year and a strong first quarter.
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The Great British Porridge Co has won a new contract to stock online retailer Ocado.
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The outlook is "uncertain" for engine manufacturing, according to the chief executive of the SMMT, as production dropped more than 9 per cent last month and Covid-19 hit the industry.
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Services & Guides | | | Find an adviser to help you buy, sell or invest in a business.
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| | The region's top places to hold events, conferences and meetings.
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