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Cobham has sold its analytic services business for $350m (£222.1m). The Wimborne-headquartered defence business said it aims to reinvest the proceeds into its remaining core markets. The aerospace and defence technology group said it had sold the business to the privately owned Parsons Corporation after changes to US law had "diluted the strategic benefit" of owning the business. READ MORE...
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| Deals |
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The £1.6m takeover of Plymouth Argyle's Home Park by the city council has been hailed as a "hard-headed commercial deal" by the authority's leader. Read More...
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Bristol-headquartered Ultimate Finance Group has extended its £34m banking facility with Lloyds TSB Commercial Finance for an extra year. Read More...
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RBS and NatWest have launched a £5m community business loan fund to support companies which would not normally qualify for mainstream bank lending. Read More...
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| Property |
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Exeter-based renewable energy company SunGift Solar has moved into new offices in Matford Business Park as part of its plans for expansion. Read More...
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The Mall at Cribbs Causeway in South Gloucestershire has let an extra 10,000 sq ft to Next for its new store. Read More...
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| Business |
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Investment management company Brewin Dolphin has appointed Mike Gerrard as business development manager at its Truro, Exeter and Plymouth offices. Read More...
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Like Minds UK will explore how digital and social media has presented new opportunities for innovation and business growth as the annual conference begins today. Read More...
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Additional credit easing would stimulate the availability of lending without increasing the money supply, the British Chambers of Commerce's chief economist said as UK inflation hit 5.2 per cent. Read More...
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