Today's South West business news from Insider |
Latest News | Gloucester-headquartered housing and social care provider Mears has agreed the conditional sale of TerraQuest Solutions, a land and planning services specialist which works with a wide range of customers, notably the National Planning Portal. The deal is worth up to £72m. Read More… |
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Helen Plumridge, chief executive and owner of King Recruit, explores why the Covid-19 crisis could help South West manufacturing and engineering companies lead the way when it comes to increasing their female workforce. Read More… |
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RSA Insurance Group has confirmed it has been approached by a consortium with a proposal regarding a possible multibillion-pound takeover offer for the historic insurance business. Read More… |
The number of deals recorded in the South West fell by 29 per cent in the year to date, although there was a resurgence in the third quarter, while the value of transactions also dropped sharply, according to new M&A research. Read More… |
British Business Investments has provided a £30m commitment to support UK small businesses through Funding Circle’s UK SME Direct Lending Fund. Read More… |
Private equity firm Endless has acquired 134-year-old bakery brand Hovis. Read More… |
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Decades ago, the idea of a council outsourcing the management of projects would have been unheard of, says Dara Jafari, associate director at Faithful+Gould. But today, with increasing pressures on resources and scrutiny around spend, the idea of a project management office (PMO) is becoming increasingly attractive to local authorities. Read More… |
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The UK-wide furlough scheme is set to extend until the end of March 2021, Chancellor Rishi Sunak has announced. Read More… |
South Coast law firm Lester Aldridge has made a partner promotion within its corporate and commercial team based in Bournemouth. Read More… |
Sainsbury's has revealed plans to close 420 standalone Argos stores and said its meat, fish and deli counters will cease to operate. The move is expected to impact about 3,500 jobs. Read More… |
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As the pandemic continues, and with many businesses experiencing financial challenges, it is now more important than ever to produce accurate and up-to-date mangement information. Graham Randall, managing director at Quantuma, considers ways in which businesses can monitor their financial heath and utilise cashflow forecasts to ensure that they remain as resilient as possible through the toughest of economic conditions. Read More… |
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A £506m deal for commercial development specialist Urban&Civic has been agreed. Read More… |
Progress in the redevelopment of Bridgwater Trade Park has gathered pace with the completion of the five units of phase one. Read More… |
Out-of-town activity has helped lift Bristol’s office take-up activity in a subdued market, according to a new report. Read More… |
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Lauren Squibb, business growth & employer partnerships manager at Weston College, says despite challenging times, we’re supporting our network of employers to access the unique skills of our students, and help to build their future workforce. We build partnerships that deliver impact for all. Read More… |
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Almost 1,400 jobs are being cut by engineering giant Rolls-Royce, it has been confirmed. Read More… |
The UK new car market declined again in October, with registrations falling by 1.6 per cent year on year, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). Read More… |
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Member Exclusive News | Listed third-party logistics group Wincanton has agreed to sell Wincanton Pullman Fleet Services, its UK commercial vehicle repair and maintenance company, to asset management firm Aurelius Investments. Read More… |
A consultation on Highways England’s updated designs for the ‘A417 Missing Link’ is set to close next week. Read More… |
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Services & Guides | | Find an adviser to help you buy, sell or invest in a business. Read More… |
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