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South East
Tuesday 7 April 2020

Latest News

Top Story

Investment to support buy-and-build strategy at IT services firm

A managed IT services provider with offices in West Sussex, the West Midlands and London has secured private equity investment as it looks to expand its service capabilities through a buy-and-build strategy.
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Insider Feature
Feature 1

Ask the expert: Data Protection and Covid-19 – what are your obligations as an employer?

Businesses may be required to share information quickly, and adapt and change the ways in which they work as a result of the coronavirus outbreak. But Guy Cartwright and Charlotte Allery, from Coffin Mew, look at how firms must still consider immediate business and staff interests in light of data protection laws.
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Deals

New owner for KB Tech

KB Tech, a Kent-based software development company providing data management services and products to the trading, pension and financial markets, has been acquired.
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IPOs “severely impacted” by oil prices and virus crisis

IPO activity has been "severely impacted" by the reduction in oil prices and the Covid-19 crisis, creating "the most turbulent market conditions since the financial crisis in 2008", according to EY.
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easyJet takes steps to safeguard short-term liquidity

easyJet has borrowed from the Covid Corporate Financing Facility and drawn down on its revolving credit facility in order to increase its liquidity in the event of a prolonged grounding of the fleet. 
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Business

Debenhams set to appoint administrators

Department store chain Debenhams has filed a notice of intent to appoint administrators.
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Double partner promotion at Quantuma

Quantuma has promoted two of its staff to partner, bolstering its marketing division and its team in Southampton.
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Covid-19 to hit Immedia after encouraging start to year

Immedia, the AIM-listed digital audio content company based in Berkshire and headed by DJ Bruno Brookes, has said the impact of Covid-19 will have a material adverse effect on its performance, despite making an encouraging start to its financial year.
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Kent business helpline launches

A new helpline which will aim to support Kent businesses through the Covid-19 pandemic has gone live.
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The Open in 2020 cancelled

The R&A has decided to cancel The Open in 2020 due to the current Covid-19 pandemic. The Championship will next be played at Royal St George’s in 2021.
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Haven to extend park closures

Haven has revealed plans to prolong the closure of its holiday parks due to the ongoing coronavirus pandemic.
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Property

FMB calls for additional construction firm support

The Federation of Master Builders (FMB) has called for more support to be given to UK construction firms following a steep decline in activity caused by Covid-19.
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Modular construction firm manufacturing ward for Surrey hospital

Modular construction specialist Elite Systems is currently manufacturing a 20-bed isolation ward for a hospital in Surrey.
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McKay “well-positioned” for future

Berkshire-headquartered commercial property firm McKay has said it is "well-positioned for the future" amid the outbreak of the Covid-19 pandemic.
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Manufacturing

Pandemic hits UK new car market

The UK new car market slumped by 44.4 per cent in March, according to new figures.
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