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South East
Friday 20 March 2020

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Heathrow to reorganise and shrink ops to remain open during Covid-19 crisis

Heathrow Airport is to reorganise and shrink its operation to remain open during the crisis created by the spread of Covid-19. The airport said the pandemic presented a seismic challenge to the global aviation industry.
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Insider Feature
Feature 1

Ask the expert: Why asset based lending is powering acquisitions in the South East

In a recent survey, asset based lending (ABL) has emerged as the number one funding option that corporate finance advisers would recommend to their clients for acquisitions finance, cited by 85 per cent of respondents. James Marler from Arbuthnot Commercial ABL looks into the area.
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Deals

Baird Capital invests in Aura Futures

Baird Capital has invested in Aura Futures, a provider of workspace technology to mid to large-size enterprises.
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Travis Perkins pauses Wickes demerger

Builder's merchants Travis Perkins has paused the demerger of Wickes from the listed group.
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Invoice factoring firm lined up for acquisition

Terms have been agreed on a potential reverse takeover acquisition of an invoice factoring company.
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Business

Interest rates cut to lowest point ever in Covid-19 response

The Bank of England has cut interest rates to its lowest point in history as an emergency measure to help UK businesses and households deal with the economic disruption caused by Covid-19.
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Lebanese restaurant chain to temporarily close venues

A listed Lebanese restaurant chain has been "significantly impacted" by the ongoing Covid-19 pandemic and decided to close its eateries.
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The Co-op to create 5,000 jobs

The Co-op has revealed plans to create 5,000 store-based roles in a bid to provide temporary employment for hospitality workers who have lost their jobs and to increase support for communities amid the ongoing Covid-19 outbreak.
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Haven holiday parks to close

Haven has announced all of its parks will temporarily close until April.
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Property

FMB seeks support for small builders

The Federation of Master Builders (FMB) has called on the government to provide urgent and immediate additional support to the UK's small and medium-sized construction building companies.
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U+I ‘unlikely’ to hit lower end of gains target

U+I is now "unlikely" to meet the lower end of its gains target for the year.
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Manufacturing

Inspiration Healthcare secures further NHS orders

Medical technology company Inspiration Healthcare Group has secured further orders from the NHS for medical equipment and ventilators.
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Other News

Wetherspoon reports revenue hike but warns of Covid-19 impact

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