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South East
Thursday 16 April 2020

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DX braced for ‘significant impact’ on results

Slough-headquartered logistics company DX Group expects results for its current financial year to be "significantly impacted" by the lockdown measures brought in to tackle the Covid-19 outbreak.
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Insider Feature
Feature 1

Business Matters: Understanding the unprecedented - acknowledging the road ahead

Andy Gregory, head of investments at BGF, looks at the impact of Covid-19 on businesses so far and what lies in store over the coming months.
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Deals

HMT works on data specialist investment deal

HMT has advised an investment firm on its backing of a data analytics specialist.
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Bank supports bed shop’s future

A family-run bed shop in Hampshire has safeguarded jobs in the midst of the coronavirus pandemic with support from Lloyds Bank.
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United Capital grows investment pipeline to more than £350m

United Capital, an investment group focused on the UK building services and facilities management sector, has grown its acquisition pipeline to more than £350m.
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Business

Profits up at Liz Earle

Profits have increased at a renowned skincare brand founded on the Isle of Wight in 1995, according to new accounts.
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Emergency loan scheme accelerates but ‘more work needed’

More than £1.1bn of loans have been provided under a criticised emergency government scheme for firms affected by coronavirus after an acceleration in the process. But the Federation of Small Businesses has said more work is needed to make the scheme a success.
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Ferry firm adapts services to support Isle of Wight

Hovertravel, the ferry company operating from Southsea to Ryde on the Isle of Wight, has adapted its service to support the emergency services during the coronavirus pandemic.
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easyJet in “strong position” as H1 losses narrow

easyJet has reported a "very strong" first half of its financial year, prior to the impact of coronavirus, with pre-tax losses narrowing and revenue rising.
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Administrators appointed at Oasis and Warehouse

Fashion chains Oasis and Warehouse have entered administration, according to reports, with about 200 jobs lost and more than 1,800 staff furloughed.
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Property

Restaurant to cafeteria change blocked by planners

An application to temporarily change the use of a restaurant into a cafeteria serving the students of Oxford International School has been refused by the city council.
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South East office market attracts investment but take-up “subdued”

Investment in the South East office market was almost £1bn in the first quarter of 2020, more than double the total for the same period 12 months earlier, a new report has revealed.
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Barratt Developments to furlough 85 per cent of staff

Housebuilding giant Barratt Developments has confirmed it is in the process of furloughing about 85 per cent of its employees to help combat the impact of the Covid-19 on the listed business. Top executives have also agreed to cut their pay by 20 per cent.
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