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Top story
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Investable companies have a business exit plan – Chamberlain
A company needs a detailed business plan and an exit strategy to attract investors in the current climate, according to Simon Chamberlain, the Plymouth-based entrepreneur who heads up Succession Advisory Services.
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Deals
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IP Group raises £55m with placing
IP Group, a developer of intellectual property based businesses which has partnership agreements with the University of Bath and University of Bristol, has raised £55m through a share issue.
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von Essen portfolio hits market
A collection of country house hotels, including Cliveden and The Royal Crescent Hotel in Bath, are to be marketed for sale by Christie + Co. The portfolio, which also includes castles and stately homes, is being marketed on behalf of the administrators of von Essen Hotels Limited.
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Property
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Boom in farmland demand reported
Demand for agricultural land in the West Country has shot up, according to estate agency Miller & Son. The agency, with 13 offices throughout Devon and Cornwall, said sale prices were often far exceeding the guide price.
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Business
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Plymouth shapes up with SLM deal
Plymouth City Council has signed a ten-year contract with Leicestershire-headquartered Sports and Leisure Management (SLM) to operate its sport and leisure facilities.
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New MD at Mill End
The Mill End Hotel near Chagford on Dartmoor has appointed Mike Coombes as managing director with immediate effect.
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Shift in global banking power accelerates - PwC
China is set to become the biggest banking market in the world 20 years earlier than was predicted before the economic crisis, according to PwC. A report by the business consultancy also revealed the UK is set to be overtaken by India by 2030 and Brazil before 2050.
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Japan still 'open for business' despite tsunami
British companies should not be deterred from trading with Japan following the recent earthquake and tsunami. Business secretary Vince Cable has told businesses that the Far East country is "safe and open for business".
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Manufacturing continues to drive growth - survey
Britain's manufacturers are continuing to drive UK economic growth on the back of export-led demand, according to a new survey.
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