Local News

British SMEs own £770 billion in assets – equivalent to 48 per cent of the UK’s GDP – and are owed £291 billion in outstanding invoices that they could use to fund future growth, according to new research published today by Lloyds Bank Commercial Banking.

Although businesses are becoming more confident about investing in future growth, and although many are aware of invoice financing as a possible form of lending, very few businesses have used it to drive growth in the past 12 months.

Invoice finance can help businesses release cash quickly, giving them access to up to 90...

A major refurbishment project at the University of Exeter medical school will begin later this month after being granted funding and planning permission.

The work expected to cost over £10.5 million will improve on facilities at the University’s St Luke’s Campus by providing more space for teaching and student study.

The work will also see an extra storey added to the current South Cloisters building as well as a new four storey extension constructed. Hugh McCann, Director of Estate Development at the University of Exeter, said: “This is an extremely exciting project, which...

Historian Dr Todd Gray has been awarded an MBE in the New Year’s Honours List for his voluntary services to Devon heritage.

The investiture is at Buckingham Palace on Friday 14 March. For almost a century, University of Exeter historians have actively been involved in Devon based historical studies and societies, all of which survive on voluntary work. The University provided leadership on this active engagement in 1920 when the History department began a programme of Exeter studies and encouraged staff to run local history organisations.

The intention was to bring a...

The Mercure Exeter Southgate Hotel is hosting a ‘Pink Pig Racing’ event on Thursday 13 March to raise money for its charity of the year, Hospiscare. The event will see a line up of fluffy toy pigs race each other along a specially designed course to the finish line. Teams of five are invited to take part in the charity event. 70 people attended the last pig racing event in May 2013, raising over £450 for the charity.

So far the Hotel has raised more than £6500 for Hospiscare and is hoping to soon reach their target of £7500.

Tamsyn Parsons, sales manager at the Mercure...