Today's South East business news from Insider |
Latest News | A global consortium has agreed the terms of a recommended cash offer for East Sussex-headquartered Hastings, which values the general insurance provider at £1.66bn.
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Refinance transactions may fall under the radar in the mainstream media but that does not make them any less vital than other forms of financing, according to Andrew Rutherford commercial director at Arbuthnot Commercial ABL, who says the funding could be the perfect answer for many South East businesses seeking to emerge stronger from the Covid-19 crisis.
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Maidstone-based legal adviser Outset has worked with a veterinary group on the completion of ten acquisitions in the past four weeks.
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Cafe bar chain Framptons has reopened two of its locations using a six-figure package from HSBC UK through the Coronavirus Business Interruption Loan Scheme (CBILS).
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Business lender White Oak UK has distributed more than £50m in loans to small and medium-sized enterprises under the UK Government's Coronavirus Business Interruption Loan Scheme (CBILS).
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Amazon's move to acquire a stake in Deliveroo has been formally cleared by the Competition and Markets Authority (CMA).
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France-headquartered digital transformation specialist Atos has signed a four-year contract worth £5m with the University of Oxford to develop a new artificial intelligence (AI) supercomputer.
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A financial training specialist based in Oxford has rebranded as an online provider.
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Pizza Express has revealed plans to close 67 of its restaurants, putting 1,100 jobs at risk. It has also hired Lazard & Co to advise on the sale of the group.
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The list of 34 projects that will receive funding from the South East Local Enterprise Partnership’s (SELEP's) share of the Getting Building Fund has been revealed.
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The chief executive of Segro has hailed a "strong and resilient" business that "continued to grow" in the first half of 2020, despite the impact of the coronavirus crisis.
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The number of build-to-rent homes in planning outside of London has increased by more than 50 per cent over the last 12 months, according to new research by the British Property Federation. However, starts and completions have dropped in the wake of the Covid-19 lockdown.
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Construction and infrastructure company Morgan Sindall has said its pre-tax profits are set to fall by almost £40m by the end of its current financial year because of the Covid-19 pandemic.
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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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