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Top story
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McCarthy & Stone positive about 'grey market'
Bournemouth-based retirement home builder McCarthy & Stone is “firmly back on the growth trail” with plans to buy 60 more plots of land this year. That's according to the company’s chief executive Howard Phillips who told Insider that the business' owners can see potential in the "grey market" a year after 60 senior lenders took control in a debt-for-equity swap.
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Deals
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South West bids in RGF success
More than 1,300 jobs are expected to be created in the South West after four companies in the region were successful with their Regional Growth Fund (RGF) bids.
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Attinger Jack secures funding for growth
Bath-based advertising agency Attinger Jack, which was recently part of a MBO, expects to take turnover to £15m in the next year. It comes after it clinched an invoice finance facility from Lloyds TSB Commercial Finance.
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West Country bathroom supplier will not reopen
Weston-super-Mare-based Yate Bathrooms and Weston Bathrooms will not reopen, administrators have confirmed. This has resulted in 12 redundancies and administrators say they are “uncertain whether any orders will be honoured”.
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Property
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New retail park planned for Exeter
Eagle One has secured planning permission to build an out-of-town retail park in Alphington, two miles south of Exeter city centre.
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Markey Construction completes housing scheme
Gloucestershire-based social housing developer Markey Construction has completed a development of 24 affordable homes in Winchcombe.
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Williams Gunter Hardwick reappointed to find toy shop sites
Bristol-based surveyor Williams Gunter Hardwick has been reappointed to find prime sites for the toy, gift and gadget retailer Hawkin's Bazaar.
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Business
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£26m to improve water quality at Weston
Work has started on a £26m scheme by Wessex Water to improve water quality at Weston-super-Mare. Wessex Water’s chief executive Colin Skellett told Insider “this major investment is part of the continuing programme to improve sewage discharges”.
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Mitie in hospital energy saving deal
Bristol-based Mitie has signed a 15-year contract with a London NHS trust to develop and run a green energy centre. It will supply all of the Royal Free Hampstead NHS Trust's energy, independent of the national grid.
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High street in biggest ever sales slump
The UK high street has experienced its biggest sales drop in history, according to the British Retail Consortium (BRC).
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