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Central and East
Wednesday 10 February 2021

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Top Story

Freeport ‘would be magnet for investment, jobs and skills’

A bid to establish a Freeport in the Thames Estuary - which represents an investment of £400m and could create more than 25,000 jobs - has been submitted to the government. The move could "contribute immeasurably" to the Thames Estuary Growth Board's ambition of generating an additional £115bn in GVA by 2050, the chair of the organisation has told Insider.
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Insider Feature
Feature 1

Ask the expert: Where does your business stand with IR35?

The countdown is on until delayed IR35 rules come into effect from April 2021. Michelle Perry, senior employment tax adviser at Grant Thornton, explains why business leaders need to understand the new rules and how the updated laws will impact them.
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Deals

Paypoint completes double deal

The £70m takeover of a pair of card payment and terminal leasing businesses by Welwyn-headquartered Paypoint has completed.
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Birketts works with new pubco on PE backing

East of England law firm Birketts has advised a pub company - led by former Greene King chief executive Rooney Anand - on a £200m private equity investment.
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Aviation maintenance services ops acquisition for AAG

Atlantic Aviation Group (AAG) has completed the acquisition of  Flybe's former aviation maintenance services operations at Brize Norton in Oxfordshire.
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Data analytics firm changes hands

A subsidiary of Equifax has acquired Bicester-based transaction data analytics company AccountScore.
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Bidvest Noonan buys 4,000-strong services provider

Security, cleaning and front of house services provider Axis Group, which has a 4,000-strong workforce, has been acquired by Irish company Bidvest Noonan.
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Disposal for Essex packed chemicals business

The Essex-based packed chemicals business of Industrial Chemicals Group has been sold to German distributor Brenntag in a deal led by FRP.
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Travis Perkins and housing association sign £40m deal

A £40m contract has been signed between a housing association and a division of Northampton-headquartered Travis Perkins.
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Business

Recruiter expands into South Africa

Watford-headquartered recruitment and consultancy services provider MCG Group has expanded into South Africa.
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Demand sends revenues soaring at Ocado

Group revenues have jumped by more than 32 per cent at online grocer Ocado.
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2020 drop for used car market

The number of used cars being registered in the UK dropped by almost 15 per cent in 2020, according to new figures.
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Property

Work starts on major Bedford scheme

Work has started on a further 250,000 sq ft of distribution and logistics space at Bedford Commercial Park.
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Warehouse REIT strikes double Harlow deal

Warehouse REIT has acquired two adjacent distribution warehouses in Harlow, totalling 177,000 sq ft, in a £13.9m deal.
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Firms join forces to promote new garden city

The Hill Group and L&Q Estates have formed a joint venture to promote a new community in Cambridgeshire which spans more than 1,350 acres.
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Construction to start on Westcott site

Work is due to start on a new industrial scheme at Westcott Venture Park.
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15th century hotel on the market

A 15th century hotel in the village of Buckden, Cambridgeshire, has been placed on the market.
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Hayfield acquires site for 80-home development

Solihull-headquartered Hayfield has acquired a site on the outskirts of Bedford to make way for the development of 80 eco-friendly homes. The scheme is being part-funded by an existing £50m land and development facility from OakNorth Bank.
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Manufacturing

Avingtrans reports half-year profit boost

Chatteris-headquartered critical components and manufacturing company Avingtrans has posted a rise in half-year pre-tax profits and kept revenue stable after making "good progress" during the pandemic.
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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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