Today's South West business news from Insider |
Latest News | About 1,700 Airbus jobs have been placed at risk in the UK as part of the aerospace giant’s plans to reduce its global workforce by approximately 15,000 in response to the fall-out from the coronavirus crisis.
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Ruairí Ó Dochartaigh, financial advisory director at Deloitte, looks at how liquidity in the short and medium term will affect M&A, and what South West business owners should consider when looking to raise funds or transact in the current environment.
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European private equity fund Nimbus and MidCap Financial have acquired a window and door manufacturer out of administration, safeguarding more than 800 jobs.
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Lenders have approved £42.9bn to more than one million businesses so far through the three major UK Government-backed lending schemes, according to new figures.
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The online business of menswear retailer TM Lewin & Sons has been acquired through a pre-pack administration, but the brand’s shops are reportedly closing with the loss of about 600 jobs.
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Tony Mullin, partner at Oxford Architects, looks at how design and construction will change in a post Covid landscape.
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The group of companies behind two well-known furniture retail brands has called in administrators, with a deal agreed for part of the business saving about 1,900 jobs.
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TLT has agreed a strategic alliance with a Netherlands law firm Holla as part of a strategy to strengthen its international offer for clients.
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Aeropace and defence group Babcock International has appointed a new chief executive to take over from Archie Bethel later this year.
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A new hotel and community centre, improved water sports facilities, cinema and affordable homes are among proposals included within a plan to complete the transformation of Hayle Harbour.
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Handelsbanken is to open a new customer service centre on Gloucester Business Park.
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The former Kingdom Hall in Weymouth has been acquired by DJ Property.
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Member Exclusive News | CONCHUS, a brand of vegan body and skin care products, is opening its first office and manufacturing studio in Granvilles Mill, Ivybridge.
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Meggitt, a supplier of high performance components and sub-systems for the aerospace, defence and energy markets, has completed the sale of its US subsidiary, Meggitt Training Systems to a US private investment firm for $146m.
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Services & Guides | | | Find an adviser to help you buy, sell or invest in a business.
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