Mitie agrees to be taken over by rival outsourcer OCS in £3.1bn cash deal Outsourcing giant Mitie Group has agreed a £3.1bn takeover from rival OCS Group in a move that will create a £8.5bn revenue business. Mitie, formed in Bristol in 1987, now employs m... See more
Law firm collapsed owing £2.5m to unsecured creditors after sale fell through Unsecured creditors of a South West law firm that fell into administration earlier this year are unlikely to get any of the £2.54m they are owed, it has been revealed. Administr... See more
Time Finance CEO praises ‘proven, simple model’ for clocking up latest record results A focus on more secured lending, such as invoice financing, has helped Time Finance achieve its best-ever profits and revenues, it said today in a full-year trading upda... See more
High-profile summit to shine spotlight on region’s burgeoning climatetech sector Founders, investors and academics will gather in the heart of the Devon countryside today to focus on accelerating innovation to help tackle critical climate challenges. The ... See more
$4.5m US government quantum computing contract won by South West deeptech firm Deeptech business Phasecraft has landed a $4.5m (£3.35m) award from the US Department of Energy to work on a ground-breaking major quantum computing programme. Phasecraft, foun... See more
