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South East
Thursday 13 August 2020

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Approval for mixed-use Brighton scheme

Plans to demolish a number of buildings in Brighton to make way for a new mixed-use scheme, which could provide space for artists, musicians and potters as well as a vegan grocery store, have been given the green light.
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Insider Feature
Feature 1

Ask the expert: How refinancing your business could be the key to growth in challenging times

Refinance transactions may fall under the radar in the mainstream media but that does not make them any less vital than other forms of financing, according to Andrew Rutherford commercial director at Arbuthnot Commercial ABL, who says the funding could be the perfect answer for many South East businesses seeking to emerge stronger from the Covid-19 crisis.
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Deals

PE-backed firm swoops for Romanian business

Testronic, a subsidiary of Brighton-based videogame developer Catalis Group, has acquired a Romanian business. The transaction was supported by private equity firm NorthEdge.
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Supercar heat systems supplier secures £250k package

An Oxfordshire company which supplies heat management systems to the likes of Ferrari and Lamborghini has returned to full production after securing a £250,000 finance package from HSBC UK.
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PVG to buy pet healthcare plan business

Premier Veterinary Group (PVG) has entered into an agreement to buy The Animal Healthcare Company Ltd, the pet healthcare plan business of Simplyhealth Group, in a deal worth £6.6m.
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Firm closes first fund and reveals initial investments

Conviction Investment Partners has closed its first fund at £5.7m and revealed its first investments, two of which are based in the South East.
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OakNorth secures additional CBILS allocation

OakNorth Bank has received an additional Coronavirus Business Interruption Loan Scheme (CBILS) allocation from the British Business Bank.
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Business

Kitchen retailer to open in Ashford

A kitchen retailer is set to open its first store in Ashford next month.
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Losses of £122m for National Express as Covid-19 bites

National Express fell to a pre-tax loss of more than £122m during the first half of 2020 due to the Covid-19 pandemic.
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Revenue rise eyed by listed luxury watch retailer

A listed luxury watch retail group has said its revenue could rise as high as £860m during its current financial year as long as there are no more Covid-19 lockdowns in the UK, US and Switzerland.
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Property

Oxford listed building revamp plans approved

Plans to convert a number of floors in a grade II-listed Oxford building to provide student bedrooms have been approved.
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SevenCapital unveils No 1 Thames Valley interior

SevenCapital has revealed the first interior images of its new Bracknell development, No 1 Thames Valley.
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