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The Latest Breaking News from South West

Timeline to collapse: how it all went wrong for South West construction giant Midas

Exeter-headquartered company's demise blamed on Covid, inflation and lost contracts and sealed when bank cancelled overdraft as subcontractors went unpaid

Birmingham Post

Stricken South West construction giant Midas leaves debts of £22m

Administrators reveal huge scale of cash owed after Exeter-headquartered firm went belly up - with unsecured creditors unlikely to be paid

Birmingham Post

Huge rise in compulsory liquidations as creditors take action over debts

Restructuring trade body R3 in the South West says creditors are getting active after being legally prevented from doing so during pandemic

Birmingham Post

From analysis to the latest developments in health,
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'Living with Covid' plan receives 'cautious' welcome from businesses in South West

People who test positive for coronavirus will no longer be legally required to isolate from Thursday (February 24)

Birmingham Post

Plymouth trades upbeat as city feels positive about prospects says FSB

A report says the South West is the least confident region, but in Plymouth construction sites are busy and it is customer-facing businesses that are less happy

Birmingham Post

More than 1,500 South West chains closed in 2021, study finds

But the PwC analysis suggested vacancy rates in the region were beginning to stabilise

Birmingham Post

Cornwall's lithium mines look to supply planned Somerset gigafactory

Team behind Gravity site near Bridgwater tour Cornish Lithium and British Lithium operations in duchy

Birmingham Post

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WPD says Eunice was 'worst storm ever' in South West as 31K still without power

WPD says its team cannot remember experiencing three storms in a week before

Bristol Post

Bristol weather: Yellow warning for wind in place across South West in wake of Storm Eunice

An unsettled weekend of weather lies ahead

Bristol Post

Deliveroo, Uber Eats and Just Eat shut down in parts of UK as Storm Eunice hits

Deliveroo says its service is currently not available in London and the South East or Wales and areas of the South West, while Just Eat and Uber Eats have also paused deliveries

Daily Mirror

Deliveroo and Uber Eats halt service in several areas as Storm Eunice hits the UK

Deliveroo has said it’s looking after drivers’ safety as operations pause in London and the South West

The Independent UK

Storm Eunice: Acas issues advice to South West businesses

A red Met Office warning for wind was in place across the region on February 18

Birmingham Post

ProCook among South West workplaces ranked UK’s best for wellbeing

The kitchenware brand was included on Great Place To Work’s list of 250 companies

Birmingham Post

Storm Eunice has Bristol Port on 'red warning' alert as high winds and 'tidal surge' expected

The Environment Agency has also warned of a 'tidal surge' for those living on the South West coast

Bristol Post

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Birmingham Post

KPMG to grow its South West team after business services giant posted £436m profit

KPMG has 22 UK offices including in Bristol and Plymouth and will recruit into regional team after it saw revenue grow 10% in 2021

Birmingham Post

South West hotels market booming with £86m of deals in 2021

Investors look to region as staycation boom makes hotels a very attractive prospect

Birmingham Post

South West jobs market recovers but wage growth lags behind inflation

Huge drop in benefits claimants across region and lots of jobs available but soaring cost of living outstrips pay rises

Bristol Post

UK weather: Met Office's 12- hour warning as rain set to lash parts of South West

High winds and rain are set to batter Bristol on Sunday

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Birmingham Post

Devonshire Homes extends credit facility as it plots to double £47m turnover

Tiverton-based housebuilder aims to build 400 homes each year after finance deal with Lloyds Bank

Birmingham Post

Midas boss paid £500k as troubled South West construction group made £2m loss

Accounts reveal directors shared £1.8m in pay as company slumped into a loss before eventually going into administration

Birmingham Post

Apprenticeship Week 2022: The older apprentices boosting their career at a later stage in life

BusinessLive spoke to three mature apprentices who want to bust the myth that apprenticeships are for college leavers

Birmingham Post

Openreach to create more than 400 South West jobs, including 300 apprenticeships

The provider said it had recruited a record number of women engineers last year

Birmingham Post

Future of South West housing projects still uncertain despite Mi-space rescue

Bell Group's swoop to acquire Mi-space (UK) Ltd from Midas Group collapse only saves building services arm leaving construction work in hands of administrators

Birmingham Post

Brady Construction to complete Fragrance Group's £30m Torbay hotels after Midas collapse

Cornwall and Plymouth firm will continue work on Paignton seafront after original contractor Midas Group went into administration

Birmingham Post

Covid blamed for collapse of South West construction giant Midas

Administrators from Teneo appointed as construction work ceases and 303 workers face redundancy

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