BAE Systems Taps Reaction Engines, VIVID Secures £100M, South West Business Confidence Dips

The Business Magazine Newscast

These are the top stories making the headlines across The Business Magazine website today:

Reaction Engines chosen by BAE Systems to trial naval heat exchangers

Reaction Engines has been chosen by BAE Systems to study the application of its advanced heat exchanger technology for improving efficiency through waste heat recovery and exhaust cooling on naval ships.

Full story here: https://thebusinessmagazine.co.uk/manufacturing-engineering/oxfordshires-reaction-engines-chosen-by-bae-systems-for-naval-study/

South West business confidence falls – but there is some good news

Business confidence among small enterprises in the South West has significantly dropped by 30% this quarter, after reaching a two-year high earlier in the year, as reported by the Federation of Small Businesses in its first regional quarterly report for 2024.

Full story here: https://thebusinessmagazine.co.uk/companies/south-west-business-confidence-falls-but-there-is-some-good-news/

VIVID locks down £100m funding facility with HSBC

VIVID, the sixth largest housing association developer in England, has secured a new £100 million, five-year funding facility with HSBC UK to build more sustainable homes, complementing an earlier £75 million deal with Nationwide.

Full story here: https://thebusinessmagazine.co.uk/property/vivid-locks-down-100m-facility-agreement-with-hsbc/