Today's Central and East business news from Insider |
Latest News | Administrators have been appointed to rent-to-own and cash lending services provider BrightHouse, placing more than 2,000 jobs at risk.
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Proposed guidelines from the Solicitors Regulation Authority (SRA) show an increased need for due diligence when it comes to referrals with Independent Financial Advisers (IFAs). What does this mean for law firms? John Duns from Fairstone finds out.
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Proximity Data Centres, a regional edge colocation provider, has secured new funding from ICG-Longbow, the real estate division of Intermediate Capital Group.
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The merger of two retail investment software companies could result in a loss of competition, according to the Competition and Markets Authority (CMA).
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Drinks company C&C Group has successfully issued a US private placement, securing approximately €140m of new capital.
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An employment lawyer at Birketts has been appointed deputy chair of the New Anglia Local Enterprise Partnership (LEP).
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Premium spirits business British Honey Company has entered a “strategically important” collaboration agreement with List Distillery in the US.
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Italian eatery chain Carluccio's, which has more than 70 restaurants and delis across the UK, has called in administrators. Insolvency specialists said they are "urgently addressing all options" for the company and will access the government's coronavirus job retention scheme to furlough its 2,000-strong workforce.
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Xpediator expects demand for its freight management and warehouse services in the UK and Europe will "remain sufficiently robust overall" during the Covid-19 pandemic. The company also revealed it expects a 19 per cent surge in revenue in its latest financial year.
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Property giant Hammerson has said it is considering requests for rent deferrals on a case-by-case basis as it attempts to support tenants during the coronavirus outbreak.
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The last remaining flats at a £5m development have been sold marking the final part of Colchester's historic Hythe waterfront regeneration.
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The outlook is "uncertain" for engine manufacturing, according to the chief executive of the SMMT, as production dropped more than 9 per cent last month and Covid-19 hit the industry.
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F1 team Mercedes have assisted in creating a breathing aid that can help keep coronavirus patients out of intensive care.
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