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Coronavirus
14:38, 7 MAR 2023
Historic Salisbury garage and car showroom forced to close
Insolvency and Administration
Rex Garage had been struggling with ongoing difficulties caused by the pandemic and the cost-of-living crisis
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Defence firm Babcock maintains 'good progress' with Covid turnaround
Engineering
The defence giant, which has a base at Devonport Royal Dockyard in Plymouth, has reported flat revenues and marginally dipped profits
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How Brexit costs this retailer £1m a month in sales
Retail & High Street
Pertemba founder Ravi Karia says £22m annual sales would be £35m without post-Brexit trade barriers
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From £1m new function suite to pandemic pizza delivery - hotel's pivot held up as model of resilience
Coronavirus
Stallingborough Grange Hotel had only just opened new 250-seat standalone addition
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Leicester Mayor says city is open and ready to do business as eighth Leicester Business Festival launches
Economy
Sir Peter Soulsby said despite the cost of living and energy crises facing the city, there was still a lot to be positive about
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Takeaway and building supplies bosses disqualified after falsely claiming tens of thousands in Bounce Back Loans
Crime
Business owners 'completely abused the government-backed loans to further their own interests'
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Azets completes £130m South West and Wales deals despite 'uncertainty'
Deals
The accountancy firm’s corporate finance team said many companies were looking to ‘streamline’ operations as a result of the pandemic
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Dragons' Den start-up Noveltea is wound up after Covid struggles
Food and Drink
The hotly-tipped alcoholic tea start-up had featured on Dragons' Den and received substantial backing
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Plymouth luxury yacht firm sails past ‘pingdemic’ to narrow losses
South West
Princess Yachts said it was looking to boost production in response to its ‘rapidly growing’ order book
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Shoe Zone reports big jump in sales despite shutting one-in-eight stores
Retail & High Street
During the year the business shut 63 shops, opened 13 and refitted 11
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Greggs wins landmark ruling in £150m High Court Covid insurance claim case
Coronavirus
The Newcastle food on the go company lodged a claim against insurer Zurich which initially put a £2.5m limit on its losses
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º£½ÇÊÓÆµ shop fit-out specialist which has supplied Christian Louboutin and Lanvin goes into administration
Insolvency and Administration
Staff being helped with ‘statutory entitlements’ at what has been called ‘difficult time’
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Big interview: Roger Whittle, founder of Apple supplier Jigsaw24, on building a £169m turnover industry leader
Technology
‘In my opinion, our expertise and specialism on Apple, is unmatched’
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Wetherspoon has 'momentous challenge' to get pub drinkers back as firm makes £30.4m loss
Company Results
The chain’s Exeter-based boss Tim Martin said ‘dyed-in-the-wool pub-goers’ had become accustomed to buying beer from the supermarket instead
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Somerset firm behind Covid vaccine text message reminders secures £13m in funding
Deals
The company said it would use the money from NatWest to open a new site in Milton Keynes
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Garden centre group blossoms post Covid as national acquisitions deliver strong growth
Company Results
British Garden Centres had swooped for Wyevale portfolio ahead of pandemic
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The Nottingham building society to close 17 branches
Banking & Finance
The affected branches, which cover much of central England, have been listed
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Second hand car prices up almost a third in a year at Evans Halshaw and Stratstone group
Retail & High Street
Average second hand car prices almost £19,000 during first half of 2022 – compared the £14,400 a year earlier
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Billionaire retailer Mike Ashley quitting Frasers board
Retail & High Street
Retail tycoon worth around £2.4 billion founded the Sports Direct business 40 years ago
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Hundreds of jobs threatened at pig farming and pork products maker Pilgrim’s º£½ÇÊÓÆµ
Food and Drink
It is understood that more than 300 workers in Coalville and hundreds more in Suffolk face losing their jobs
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More than £8 billion of bounce back loans in arrears, new figures show
Finance
New numbers from the Department for Business, Energy & Industrial Strategy show a big jump in claims on the Government guarantee from dozens of British banks
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Midlands law firm Howes Percival posts 12% increase in turnover since start of pandemic
Law
Firm takes bigger chunk of market in Leicester, Northampton and its other º£½ÇÊÓÆµ office sites
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Family-owned anti-bacterial wipes maker PAL International sold
Finance
PAL was set up in 1970 and hygene products to healthcare, the food and drink sector and industry
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£4.5m in Covid support set to be shared by Grimsby-area businesses adversely affected by pandemic
Coronavirus
Average of £6,000 anticipated for those who have found themselves excluded from previous packages
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