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Top story
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£15m fund opens for business
A £15m Private Equity fund has been launched across the south with investments of up to £3m being offered to businesses. And the first deal, involving a South West company, is imminent, Insider has learnt.
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Deals
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Plymouth Argyle sign exclusivity deal
An exclusivity deal has been signed with a preferred bidder over the sale of Plymouth Argyle, administrators have revealed.
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Cobham to sell off two US units
Dorset-based aerospace and defence group Cobham said it plans to sell two of its US units – its commercial systems and analytic solutions businesses.
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Boughton bought out of administration
Reynolds Boughton Limited and Reynolds Boughton (Devon) Limited have been bought out of administration by Skan Group Holdings. The deal is for an undisclosed sum.
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IDOX snaps up LalPac
LalPac, a Chippenham-based software and services company, has been bought by IDOX for an undisclosed sum.
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Business
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Janke reassure Bristol's wealth creators
It will be "business as usual" in Bristol despite a shake-up at the city council, according to its leader and Liberal Democrat Barbara Janke. Her comments come after the Liberal Democrats party lost its overall majority in the city's local elections. Janke told Insider: "I would like to reassure Bristol's wealth creators that it is likely to remain 'business as usual' from their point of view."
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Renishaw confirmed for trade debate
Rhydian Pountney of Gloucestershire-based engineering giant Renishaw is now confirmed for Insider’s international trade event next week.
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Business insolvencies on the rise
The number of businesses being declared insolvent in England and Wales has increased by nearly 4 per cent during the first quarter of 2011, according to The Insolvency Service.
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Property
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Demand for SW commercial space surges
Demand for commercial property in the South West increased during the first three months of 2011. That's according to the latest RICS UK Commercial Market Survey.
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G Casino opens in Plymouth
A casino in Plymouth has been relaunched after a £1.3m refurbishment. The Grosvenor Casino, at Drake House in Derry's Cross, has been rebranded as the "G Casino Plymouth".
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Community
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Talking Point: Cost management gets strategic
Robert Allison, managing director of Expense Reduction Analysts, argues the case for sensible cost management to move to the forefront of businesses' minds.
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