Today's South West business news from Insider |
Latest News | Plans to clear a former industrial site in south Bristol to make way for a development of almost 150 affordable homes have been recommended for refusal.
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As the nation begins its recovery from the Covid-19 outbreak, the South West region, mercifully the English region least impacted by the virus, is set to lead the recovery phase for the UK. Insider’s special Getting Back to Business Online Guide brings together thought leadership articles from some of the region’s key advisors to show the best way forward.
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A Truro-based software company has completed its latest funding round including further investment of £200,000 from both the Cornwall and Isles of Scilly Investment Fund and existing corporate investor, SMP Group. The Future Fund, which supports innovative UK companies with growth potential, has also committed £400,000.
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A climbing centre in Cornwall has secured funding accessed via SWIG Finance.
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Listed furniture retailer DFS has agreed a deal to sell subsidiary Sofa Workshop to a counterpart.
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As the government's furlough scheme starts to change in preparation for it to end in October, inevitably we will see a rise in redundancies as businesses struggle to recover from lockdown, according to Sean McDonough of Mogers Drewett.
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Cyber-security specialist C3IA Solutions has recruited a new team member who has worked in counter-intelligence for the RAF and will operate in the company's threat and risk management department.
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KPMG has made three senior promotions in its Reading and Bristol offices.
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New Look has outlined a proposal to move the majority of its UK stores’ rent to a turnover basis as part of a company voluntary arrangement (CVA). The fashion retailer, which employs more than 11,000 workers in the UK, said the move was needed to reflect the market environment.
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A third-generation Somerset-based sheepskin and leather business has secured new deals in the US and South Korea.
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Rolls-Royce has reported a £5.4bn pre-tax loss for the first half of its financial year, with Covid-19 having an "unprecedented" impact on its civil aerospace division.
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Turnover has grown by 16 per cent in the half-year results for the parent company of pharmaceutical manufacturer Thornton & Ross which numbers Covonia, Savlon and Zoflora among its portolio.
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Member Exclusive News | Work has started on a major yard facility in Gloucester for salvage and vehicle recycling specialist SYNETIQ.
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Nationwide Building Society has signed a three-year partnership to support The Football Association of Wales (FAW) Fair Play Award.
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Services & Guides | | | Find an adviser to help you buy, sell or invest in a business.
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