Financial
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East of England Co-op turns £1.7m loss into £7.6m profit
The East of England Co-op – the largest independent retailer in East Anglia with over 230 branches across Norfolk, Suffolk and Essex – turned a £1.7... Read More
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East Anglia businesses seek more answers from Sunak
There was a lot said in the Chancellor’s Spring Statement and there was a lot unsaid – particularly for businesses waiting for clarity on areas such... Read More
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Deloitte says CFOs are still investing despite rise in operating costs
Faced with a more uncertain economic climate, a record number of finance leaders – 98 per cent – anticipate operating costs to rise in the year ahead... Read More
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Seven day wonders: Grant Thornton completes deal double
The Corporate Finance team at Grant Thornton has completed on two transactions in Peterborough within a week, as activity levels continue to remain... Read More
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East Anglia and South East excel in PwC’s top UK cities pantheon
A host of East Anglia and South East cities excel in a PwC pantheon of UK locations. Within that range Oxford is 1st, Norwich 6th, Luton 16th,... Read More
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The Spring Statement in detail
Chancellor Rishi Sunak announced a number of measures in the Spring Statement designed to support both individuals and businesses – focusing on three... Read More
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Deloitte experts analyse the Spring Statement
SMEs will get another year of business rates relief following Rishi Sunak’s Spring Budget, leading business advisory firm Deloitte reports.... Read More
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Digital insurer creating 100 jobs after record trading
More than 100 jobs are set to be created over the next 12 months at the Peterborough-based digital insurance business, iGO4. The hiring spree has... Read More
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Spring Statement 2022: Deloitte predictions
Hannah Simoes, Tax partner at Deloitte in Cambridge shares updates from Deloitte’s chief economist, Ian Stewart and head of tax and trade policy,... Read More
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Science and technology sector poised for massive pension payback to fuel jobs growth
East of England’s science and technology sector could receive a multimillion boost from imminent pension investment rule changes, according to... Read More
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CBI urges Chancellor Sunak to ‘Go for Growth’
Around £100 billion could be added to the Treasury’s coffers by 2030 if the UK bucks current predictions and achieves a more ambitious 2.5 per cent... Read More
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Government warned to avoid £50bn Oxford-Cambridge Arc blunder
Government plans to ditch a centrally coordinated Oxford-Cambridge Arc project will cost the UK economy upwards of £50 billion in the next... Read More
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Management team buys Ipswich contractor
BDO LLP has advised on the MBO of Aspen Build (East Anglia) Limited, an independently-owned management contractor which specialises in the life cycle... Read More
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Foresight Group backs full fibre push
Foresight Group has made a significant but unspecified investment into Connect Fibre – a full fibre network provider based in Cambridge. The... Read More
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Foresight injects £4.5 million into glazing firm buy-out
The existing management team of family-run Peterborough glazing specialist SafeGuard has bought the business from BCF Equity Partners. The... Read More
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New owners in the driving seat at Titan
Titan, a St Neots-based engineering company which started life as a motorsport racing team and now employs 80 people, has completed a management... Read More
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Essex insurer acquired by Wall Street giant
US company Arthur J. Gallagher & Co. – quoted on Wall Street – has acquired Essex-based Devitt Insurance Services Limited for an undisclosed sum... Read More
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Payday for Kwalitas via DNA acquisition
DNA Payments, a leading independent payments provider, is continuing its UK growth strategy by acquiring Kwalitas, a payment solutions provider based... Read More
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PIR under new management after buy-out
Cambridge financial adviser Ashcroft, leading law firm HCR Hewitsons and accountants Tayler Bradshaw have advised the management buyout of PIR... Read More
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Record number of CFOs prioritising investment
Finance leaders are focused on growth, with a record 37 per cent rating an increase in capital investment as a strong priority for their business in... Read More