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South West
Insider News
Thursday 19 May 2022

LATEST NEWS

TOP STORY

Plans to transform the former Debenhams building in Torquay could soon take an important step forward, with £9.6m being sought for the landmark project.
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INSIDER FEATURE

Vertical Aerospace has a game-changing ambition to turn mass electric aviation into a reality. Mike Ribbeck reports.
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DEALS

A proposed cash offer for HomeServe, which values the home repairs and improvements business at £4.07bn, is to be recommended to shareholders.
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The acquisition of property search and conveyancing services provider TM Group by Dye & Durham could lead to a worse deal for homeowners, the Competition and Markets Authority (CMA) has provisionally found. The watchdog believes that the only effective way to address the issues it has identified would be for TM Group to be sold to a suitable buyer. Dye & Durham said it disagreed with the CMA's provisional findings and is "evaluating its potential options".
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A provider of foiling services to the fenestration and building materials markets – which was founded by a Scotland rugby great – has been acquired.
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A child's bike subscription service is gearing up for national and European expansion after closing a £16.75m investment.
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INSIDER FEATURE

Dawn Hughes, marketing account manager at e-Visa.co.uk, says travelling on business is no longer just for the elite, many entrepreneurs, small businesses and companies are travelling further for business purposes. Find out if you qualify for an ESTA to make travelling on business to the USA more efficient.
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PROPERTY

UK aerospace start-up AERALIS has signed a deal at Aztec West in North Bristol.
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Complete Project Development (CPD) has secured a £4.9m finance package from Paragon Development Finance to support its new-build apartment scheme in Portishead.
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A historic property group has secured a refinance of its £18.5m revolving credit facility from Lloyds Bank that will allow it to develop its portfolio across the South West.
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BUSINESS

Begbies Traynor Group expects to report rises in revenues and profits in its latest financial year, with growth driven by recent acquisitions. The company said it plans to make further buys to "build our scale and range of complementary services".
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Gloucestershire Airport has completed work on a number of major upgrades to its crosswind and main runways.
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Barclays has appointed a new lead for the mid-corporate market in the South West.
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MANUFACTURING

The UK's new bus and coach market grew by almost 50 per cent during the first quarter of 2022, according to the latest figures, but remained below pre-pandemic levels.
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OTHER NEWS

MEMBER NEWS

Avison Young has been appointed by Homes England to lead the developer search for the next two phases of residential development at Locking Parklands, North Somerset.
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The chair of Chippenham-headquartered Alliance Pharma will be stepping down next year.
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UPCOMING EVENTS

SERVICES & GUIDES

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