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Central and East Wednesday 6 October 2021

LATEST NEWS

TOP STORY Tesco upgrades profit outlook Supermarket giant Tesco has upgraded its full-year profit expectations after a strong first-half performance when it more than doubled statutory pre-tax profit. Read More

INSIDER FEATURE Ask the expert: Why we mark International Cyber Security Awareness Month To tie in with International Cyber Security Month, which launched on 1 October, director of The Eastern Cyber Resilience Centre, detective superintendent Paul Lopez, takes a closer look at what form these cyberattacks take and how can businesses protect themselves from such risks. Read More

DEALS Party products firm acquired by Amscan International A designer and producer of party products – whose range is stocked in more than 600 retailers worldwide – has been bought by Endless-backed Amscan International. Read More TXM expands reach with acquisition TXM Group, a £250m-turnover business with operations across the UK, has completed a deal with technology recruitment consultancy NextGen Partners that will expand its reach into Europe. Read More AIM records highest quarterly IPOs since 2014 The number of initial public offerings on AIM jumped to 20 in the third quarter of 2021 - the highest quarterly number since the fourth quarter of 2014, new research has found. Read More

INSIDER FEATURE Ask the Expert: The private equity v trade sale debate – what is the right option for business owners? Amid continuing strong activity, which has seen Grant Thornton UK LLP’s Corporate Finance team in the Central and East region lead on a number of stand-out regional deals to both private equity and trade buyers, dealmakers Mike Tillson and Mike Hughes look at the options for business owners of each exit route. Read More Ask the Expert: How confident are you in the prospects for the economy, for your business and expansion plans? Mike Ader, East Midlands chair at Vistage, says at times like these, when Brexit and Covid-19 have combined to impact on the nation's SMEs in a variety of different ways, new research demonstrates that it’s not all doom and gloom. Read More

PROPERTY Transformational investment for Oxford Science Park A deal has been struck for a global investor to take a 40 per cent stake in The Oxford Science Park as the development continues to be buoyed by strong demand. The investment is considered to be "transformational". Read More Work underway on Hatfield Peverel homes Work has now started on a new development which will bring 140 homes to the Essex village of Hatfield Peverel. Read More Eco homes community backed by bank funding Historic cow sheds and a milking parlour in a Suffolk village are being converted into eco homes in a £2.7m project by property developer BAC Woodbridge, with support from Lloyds Bank. Read More Gardiners Park Village consent secured by Inland Homes Inland Homes has received planning consent, further to the signing of a section 106 agreement, at Gardiners Park Village in Basildon. The estimated gross development value of the 54-acre site is in excess of £200m. Read More

BUSINESS Law firm eyes Essex and London markets A new business services law firm has been launched to serve the Essex and London markets. Read More Pizza Hut Delivery to expand with new partnership Pizza Hut Delivery has entered a partnership with Nine Group which will become the franchisee for 31 existing Pizza Hut Delivery and Express Huts. Through the new deal, Nine Group will also open 40 new Pizza Hut locations across the UK. Read More Sales rise at Greggs despite staffing and supply chain challenges Bakery chain Greggs has reported a rise in sales despite staffing and supply chain disruption. Read More

UPCOMING EVENTS 18 Nov Insider Central and East of England Dealmakers Awards 2021 3 Feb Insider Made in Central and East England Awards 2022

SERVICES & GUIDES Corporate Finance Directory Find an adviser to help you buy, sell or invest in a business. Read More

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