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South East
Monday 23 March 2020

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All John Lewis shops to temporarily close

The John Lewis Partnership is to temporarily close all of its 50 John Lewis shops as a result of the impact of coronavirus - the first time in the 155-year history of the business that it will not open its shop doors for customers. Johnlewis.com will continue to operate as normal, alongside Waitrose shops and waitrose.com.
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Insider Feature
Feature 1

Ask the Expert: Do law firms need to undertake due diligence on IFA businesses?

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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Deals

Cycling aerodynamics firm smashes crowdfunding goal

A company which has developed wind tunnel sensors for bikes to measure athlete performance and analyse aerodynamics has smashed its crowdfunding goal.
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YFM exits GroupBC

YFM Equity Partners has sold its stake in information management systems provider GroupBC.
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Hotel Chocolat raises £22m to support growth plans

Chocolatier and retailer Hotel Chocolat has raised £22m to underpin its long-term growth plans and to provide flexibility if needed in response to challenges presented by the Covid-19 outbreak. The business said its ability to shift its focus towards online and digital wholesale would help mitigate the impact of the pandemic.
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CMA finds competition concerns over window blind deal

The Competitions and Markets Authority (CMA) has found competition concerns over Hunter Douglas' acquisition of counterpart 247 Home Furnishings.
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Insider Feature
Feature 2

Driving up efficiency

“In my experience, if you’ve got something that is not performing properly, the first thing you almost always have to do is spend money on it to put it right.” That’s the view of Andrew Baxter, managing director of Europa Worldwide Group.
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Business

Businesses react to “landmark” government measures

The business community has reacted to the government's package to support businesses during the Covid-19 pandemic, which includes a commitment to paying 80 per cent of wages.
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CMA launches Covid-19 taskforce

The Competition and Markets Authority (CMA) is to create a taskforce after concerns were raised some businesses might exploit the coronavirus outbreak.
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Rutherford Health offers support to NHS

Rutherford Health has written to NHS Trusts in England and Wales outlining the services the network of Rutherford Cancer Centres can provide to maintain cancer treatment during the coronavirus pandemic.
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McDonalds to temporarily close restaurants

McDonalds is set to temporarily close all its UK and Ireland restaurants.
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Aldi to recruit 9,000 new workers

Aldi has launched a recruitment drive to hire 9,000 new workers as part of its response to the coronavirus outbreak. A number of products have also been further restricted.
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Property

£250m TV and film studio project unveiled for Ashford

Plans have been unveiled to transform a derelict railway works in Kent into four TV and film studios in a move that could generate 3,000 jobs.
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Plans for build to rent Brighton scheme approved

A build to rent scheme in Brighton, which will provide hundreds of new homes, has been given the go-ahead.
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FCA reveals new guidance in Covid-19 response

The FCA has revealed new guidance for small business lenders, mortgage lenders and mortgage administrators, to help firms and households deal with the economic disruption caused by Covid-19.
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Construction awards hold up despite virus outbreak

The total value of construction contract awards in February 2020 rose to £6.5bn, despite the global coronavirus crisis, according to a new report.
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