Today's South West business news from Insider |
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South West
Tuesday 30 June 2020

Latest News

Top Story

Transformational contract win for Wincanton

Wincanton has been chosen by Waitrose to create a customer fulfilment centre for Waitrose.com online grocery home deliveries - in a move the business said was a 'first' for the third-party logistics market. The contract will lead to the creation of 800 jobs.
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Insider Feature
Feature 1

Ask the expert: How will liquidity requirements drive M&A in the second half of 2020?

Ruairí Ó Dochartaigh, financial advisory director at Deloitte, looks at how liquidity in the short and medium term will affect M&A, and what South West business owners should consider when looking to raise funds or transact in the current environment.
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Deals

Funding boost for expanding recruitment firm

A Plymouth recruitment firm has secured a six-figure finance facility from HSBC UK to safeguard the business during the coronavirus pandemic, enabling it to continue operating its new foster care division and finalise its expansion plans into Birmingham.
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BP to sell petrochemicals business to INEOS for $5bn

BP has agreed a deal to sell its global petrochemicals business to INEOS for $5bn (£4.1bn).
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€125m first close of new GP Bullhound fund

Investment firm GP Bullhound has completed the first close of its latest fund with €125m (£115m) of capital commitments.
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Insider Feature
Feature 2

Business Matters: Design and construction in a post Covid landscape

Tony Mullin, partner at Oxford Architects, looks at how design and construction will change in a post Covid landscape.
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Business

Marco Pierre White to open new Salisbury restaurant

High-profile chef Marco Pierre White is to open a new restaurant in Salisbury.
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Business organisations respond to Johnson’s ‘New Deal’ for Britain

Business organisations have responded to Boris Johnson's 'positively Rooseveltian New Deal' for Britain, which encourages the country to 'build, build, build' in a bid to recover from the impact of Covid-19.
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New CFO in at FRP

FRP Advisory Group has appointed a new chief financial officer.
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Property

Pair of occupiers ink deals at The Depot

Two new retail occupiers have been secured at The Depot in Exeter, taking more than 6,000 sq ft of space. The deals were overseen by Carter Jonas' South West commercial team.
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Restaurant Group creditors back CVA proposals

The Restaurant Group's plans to reduce the size of its estate by implementing a CVA have been backed.
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Redrow upbeat despite ‘profound’ impact of Covid-19

Housebuilder Redrow has outlined the ‘profound’ impact of Covid-19 on its financial results which prevented the business from posting a record year.
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Manufacturing

UK engine manufacturing “skyrockets”

Engine manufactuing in the UK "skyrocketed" in May but was still 75 per cent down on the same month in 2019, new figures show.
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Member Exclusive News

Bath hotel brought to market

A grade II-listed hotel in Bath has been brought to market with offers in excess of £8m sought.
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Pair team up to source new solar and battery projects

EDF Renewables UK is starting a new partnership with Octo Energy to identify and bring forward hybrid solar and battery storage projects in England and Wales.
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Upcoming Events

1 Jul

Getting Swindon & Wiltshire Back to Business Online Forum 2020

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18 Nov

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Corporate Finance Directory

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