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South West
Monday 27 April 2020

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Top Story

Cornish resort secures future with £1m loan

A Cornish hotel, self-catering, leisure and events venue which was forced to shut amid the Covid-19 lockdown has obtained a £1m loan from Lloyds Bank to help secure the business' future.
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Insider Feature
Feature 1

Business Matters: Pivoting to online – a survival guide

In order to survive the coronavirus lockdown many businesses are moving online. Leading intellectual property and IT lawyer, Ben Travers from Stephens Scown LLP in Exeter outlines some tips for businesses that have made this change.
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Deals

Private hospital merger moves forward

The Competition and Markets Authority has said undertakings offered by Circle Health Holdings are likely to enable a private hospital merger go ahead.
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JP Morgan division snaps up National Express shares

Investment management giant JPMorgan Asset Management has taken a 5 per cent stake in National Express.
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New lenders revealed for CBILS

The British Business Bank has approved four new lenders under the Coronavirus Business Interruption Loan Scheme (CBILS).
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Business

Turnover surges at Mobius Works

Bristol-based integrated services company Mobius Works has reported a surge in turnover for the end of the 2019/20 financial year.
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Co-op in ‘strong position’ to weather coronavirus storm

The Co-operative Group believes it is in a strong position to weather the coronavirus storm after revenues edged towards the £11bn mark.
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Exports drop due to Covid-19 despite strong food and drink showing

UK exports fell in the first quarter of 2020 as the impact of Covid-19 hit global supply chains, according to the Lloyds Bank International Trade Index. However, this was slowed by a strong showing in food and drink exports.
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Property

Successful refinance for listed student accommodation firm

A listed owner and operator of student accommodation across the UK has refinanced £32.8m of its existing debt. 
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Redrow outlines site reopening plans

Housebuilding giant Redrow has outlined plans to reopen its sites and return to construction.
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Other News

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Member Exclusive News

Redevelopment plans recommended for approval

Plans to redevelop and extend two Bristol buildings, including the site of a well-known nightclub, into a residential-led mixed-use scheme have been recommended for approval despite opposition. The committee meeting to rule on the application was postponed in March as a result of the coronavirus outbreak.
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Economy will not return to 2019 size until 2023 - report

A deep, short recession this year due to the impact of Covid-19 has been predicted in a new report, with the UK economy not expected to return to its late 2019 size until 2023.
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