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South West
Thursday 25 February 2021

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Jobs at risk as St James’s Place takes steps to streamline 

Wealth management group St James's Place has said it is taking steps to streamline its business during 2021 with an associated loss of about 200 roles. The business made the announcement in results featuring a robust financial performance in an "extraordinary year".
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Insider Feature
Feature 1

Business Matters: We need to reinvent work, not create ‘horrible hybrids’

When future historians look back at the pandemic era they may well find it curious that we were so hung up on where work was done, rather than the work itself, says Dr Nicola Millard, principal innovation partner at BT. Much is being talked about "home working", "remote working", "hybrid working" and "digital workplaces" now, but very little of the conversation so far has been about reinventing work itself.
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Deals

Fundraising to support Sativa Wellness’ expansion plans

Somerset-based Sativa Wellness Group has outlined plans to complete a non-brokered private placement financing, with the proceeds to be used for working capital and investment across the whole wellness business.
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Banking deal to help LSL seize opportunities

Property services group LSL has secured a new banking facility, which it said provide long-term balance sheet flexibility to take advantage of a number of attractive opportunities, particularly in financial services.
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Multinational agrees deal to acquire SimplyCook

Food and drink giant Nestlé has agreed to acquire SimplyCook, a recipe kit company operating across the UK.
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Insider Feature
Feature 2

Ask the expert: How to make remote working a long-term solution

Martin Robbins, sales manager at BCR Associates Ltd, says the majority of office-based businesses have been working from home for the best part of a year now. Many have been forced to adapt to lockdown restrictions and have found that initial challenges were relatively easy to overcome. By now most companies are well-adjusted and it’s safe to say that the working environment will never be the same again and that remote/home working is here to stay.
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Business

Mrs Buckét to recruit 150 team members

Specialist commercial cleaning business Mrs Buckét has revealed plans to hire up to 150 permanent team members over the next year. A third of the roles are required in the first quarter of 2021. 
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Fire-hit waste management firm returns home and expands

Commercial waste management business DCW has returned home to a newbuild head office in Exeter. A fire destroyed iDCW's recycling centre in March 2017.
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Fourth and largest drilling round launched by BLL

St Austell-based British Lithium Ltd (BLL) has embarked on its fourth and largest round of drilling to define the extent of the lithium carbonate resource already identified in previous exploration work last year. 
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Insider Feature
Feature 3

Business Matters: The importance of community in a pandemic

Marcela Pomphrey from 299 Lighting looks at the importance of community in a pandemic.
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Property

Bank funding supports growth at strawberry grower

A strawberry grower based in Yeovil has purchased two plots of land totalling 34.5 acres after securing £5.5m in funding from NatWest.
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Bristol office refurbishment projects complete

The refurbishment of two office buildings in Bristol city centre has been completed by IV Real Estate.
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Manufacturing

Manufacturers hampered by Brexit disruption

Brexit issues are causing SME manufacturers in the South West disruption as they look to recover from the economic effects of Covid-19, according to the latest South West Manufacturing Barometer, although on a more positive note, businesses in the region appear to be more optimistic about the future than their national counterparts.
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Sales near £21bn at BAE

Full-year sales have edged towards the £21bn mark at BAE Systems as it looks to the coming months with confidence.
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Other News

South West Top 500 Companies data - Contact the region’s top decision makers

Member Exclusive News

Ferry announces timetable for return to normal service hours

The Sandbanks Ferry Company has unveiled a timetable for the resumption of full-service hours following the government announcement of a roadmap towards the easing of Covid-19 restrictions.
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Former Honda workers buoyed by career success - report

Almost every worker who left Honda UK during the initial phases of its redundancy programme have successfully moved on to the next steps of their careers, according to a new report.
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