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Scotland
11:40, 12 OCT 2023
Gloucester-based property group completes £5.6 million bridging loan
Finance
Blackfinch Property, the real estate arm of investment company Blackfinch Group, provided the loan for a luxury hotel development on Edinburgh's Prince's Street
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Bristol invoice finance provides funding for Scottish dairy farm
Finance
Optimum Finance has provided a new facility to help the farmer fund the gap between delivery and payment
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Student apartment blocks sold in deal worth around £300m
property news
The deal has been described as one of the largest of its kind in the º£½ÇÊÓÆµ this year
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Expansion eyed by high-end restaurant chain Tattu after creating over 160 jobs
North West
Tattu has restaurants in Manchester, Leeds, Birmingham, Edinburgh and London
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Geoquip Marine commences work on large-scale windfarm contract with MarramWind
Engineering
The specialist in acquiring, analysing and reporting global offshore geotechnical data has its º£½ÇÊÓÆµ base in Bristol
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Bibby Stockholm owner receives £20m in Government funding to build new vessel
North West
The new vessel will be the first for Bibby Marine in five years.
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Profits dip at global law firm DWF ahead of £342m takeover by Inflexion
North West
As well as Manchester, DWF has º£½ÇÊÓÆµ offices in Belfast, Birmingham, Bristol, Edinburgh, Glasgow, Leeds, Liverpool, London and Newcastle
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Rockhopper appoints former Capricorn Energy boss to assist in Italian oil rig dispute
Appointments
Capricorn’s former chief executive Simon Thomson will join Wiltshire-based Rockhopper’s board as non-executive chair
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Lender owned by billionaire's investment giant agrees near £50m deal with MCR Property Group
North West
MCR Property Group was founded by Aneel Mussarat and has offices in Manchester, London, Birmingham and Glasgow
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Redundancies made as loss-making nuclear services firm sold for just £3 enters administration
North West
The business employed hundreds of people
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Full list of the 16 new stores The Original Factory Shop is opening creating 160 jobs
North West
A number of the stores will take over former sites occupied by M&Co
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Global law firm DWF agrees £342m takeover deal with private equity giant Inflexion
North West
As well as Manchester, DWF has º£½ÇÊÓÆµ offices in Belfast, Birmingham, Bristol, Edinburgh, Glasgow, Leeds, Liverpool, London and Newcastle
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Village Hotels creates almost 1,000 jobs as it plans further º£½ÇÊÓÆµ expansion
North West
The chain is owned by US-headquartered private equity firm KSL Capital Partners
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Private equity giant Inflexion in talks to buy global law firm DWF
North West
As well as Manchester, DWF has º£½ÇÊÓÆµ offices in Belfast, Birmingham, Bristol, Edinburgh, Glasgow, Leeds, Liverpool, London and Newcastle
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Bristol company making model body parts for medical training buys surgery software specialist
Deals
Limbs & Things has bought eoSurgical, which specialise in software used in keyhole surgery training
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Bank of England hikes interest rate to 5% to reach highest level in almost 15 years
Bank Of England
The Bank's Monetary Policy Committee have voted to increase the base rate by 0.5% in a bid to bring inflation down
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Rise in º£½ÇÊÓÆµ insolvencies blamed on issues such as inflation and lack of government support
Insolvency and Administration
The worst affected areas have seen a fivefold increase
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Record profits for º£½ÇÊÓÆµ's 'worst hotel chain' Britannia
North West
The hotel chain cut almost 1,000 jobs at the height of the Covid-19 pandemic
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Bristol's Imperial Retail Park sold as part of £175m deal
Retail
Capreon has acquired retail parks in Bristol and Fife
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Primark owner Associated British Foods buys National Milk Records for £48m
Deals
NMR, which has its head office in Wiltshire, provides provides milk and cow health testing and data services for farmers, milk buyers and vets
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Bristol-based offshore engineers Blackfish opens Scottish arm
Engineering
The engineering firm has a track record in marine renewables in Scotland
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Insolvencies surge helps Begbies Traynor raise expectations
North West
The group said it has seen a 'good momentum' in new insolvency appointments as well as a 'significant' increase in higher value cases
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Bristol named a 'hot spot' for university spinouts in new report
Bristol
The Royal Academy of Engineering Enterprise Hub has revealed that Manchester and Bristol showed the highest growth in spinout populations
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Occupational health and wellbeing specialist PAM Group to create 100 jobs
North West
PAM Group has been backed by private equity firm LDC since 2021
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