Today's South East business news from Insider |
| Tech firm signs deal for Brighton base | A £12m-turnover technology firm has struck a deal for the top two floors at The Office at Circus Street in Brighton. The site will become the headquarters of the company, which also has offices in Germany and the US.
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| Hops supplier eyes growth after £1.1m boost | A Woking-based supplier of hops – whose customers include Carlsberg, Heineken and Molson Coors – is set to expand its footprint, increase turnover and create jobs on the back of securing a £1.1m funding package from Lloyds Bank.
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| Moorfield Group sells pair of student schemes | Moorfield Group has sold a pair of purpose-built student accommodation schemes totalling 789 beds – on behalf of its Moorfield Real Estate Fund III and Moorfield Real Estate Fund IV – to a joint venture established between Ares Management funds and Generation Partners LLP.
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| Sumo Group makes Net Zero pledge | Video game developer Sumo Group has joined the Playing for the Planet Alliance, a collective effort by the industry to reduce its carbon footprint and integrate environmental activations into games.
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| Global chip shortage hits Jaguar Land Rover | Jaguar Land Rover has posted pre-tax losses of more than £400m for the 2021/22 fiscal year due to the impact of the global chip shortage. However, the group's chief executive said that he is "encouraged" by a record order book.
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