A building company involved in some of the most high-profile developments in Hampshire and Dorset has run into difficulty.
Brymor Construction built Southampton's Horizon Cruise Terminal and won the contract for the Saints' new gym complex at Marchwood, while in Dorset it was building the Vespasian block on the site of the former Poole Pottery shop.
As we revealed yesterday, Brymor Construction Ltd has filed notice of intention to appoint an administrator. That gives it a few days of breathing space as it seeks to protect the business from going into liquidation.
We don't yet know the details of Brymor's difficulties, but carrying out building work to schedule and budget is not easy in an environment where the cost of materials is rising and labour is increasingly hard to come by. So this company's problems may signal wider difficulties.
- After the challenges businesses have been through in the past couple of years, it's about time for a celebration. The South Coast Business Awards have been launched to honour the best firms in Hampshire and the Isle of Wight - and preparations are being made for the first in-person ceremony since 2019.
- A new building taking shape in Poole is one of the town's largest, and is widely thought to be an Amazon warehouse. (Story by Andrew Goldman.)
- The subprime lender Amigo, whose 200 staff are based in Bournemouth, is looking to lend again under a new brand name, RewardRate. Its chief executive, Gary Jennison, told me it is "not the Amigo of old".
- A business which makes interiors for commercial aircraft has been sold in a pre-pack administration to another company in the same group as its previous Chinese owners. The sale of Aim Altitude has led some MPs to step in.
- The government has signalled it will allow a ￡6.3bn takeover of aerospace and defence firm Meggitt by a US competitor after accepting measures put in place on competition and national security.
- A scheme aimed at "beating the career break curse" by getting engineers and other maths and tech professionals back into the workplace is coming to BAE Systems Submarines in Weymouth, with placements for people returning to the sector.
- Aerospace giant Leonardo says it will get equipment to the armed forces faster thanks to a new data-driven approach to manufacturing being introduced at several sites including Southampton.
- You may have seen that Airbnb has permanently banned parties at properties rented through its platform. A ￡2m home in Sandbanks was trashed in 2020 when a group of 60 gathered there.
- A campaign to inspire young people to consider careers in the data sector came to two schools in Christchurch, giving them some useful careers advice as well as telling them about the sector.
- The boss of Bournemouth Airport has said cargo flights will be stepped up in the near future after slowing down in recent weeks. (Story by Ben Williets.)
- A Lidl store in Hampshire is closing for five months for refurbishment. (Story by Chris Yandell.)
- The sponsor whose name was on the front of AFC Bournemouth's shirts during their two years in the Championship will still be backing the club after its return to the Premier League.
- A recruitment company is planning expansion after a move to Hedge End.
- A care business based in Southampton is to expand after securing ￡3.5m in investment.
- One of Bournemouth town centre's shopping arcades is to be sold at auction. (Story by Matt Simpson.)
- And Bournemouth Town Centre Business Improvement District wants people to pick their favourite independent businesses, with a chance to win a ￡500 voucher.
The?Capital Business Bulletin, in partnership with Hampshire Chamber, brings you the top Hampshire business news on Mondays at 7am, along with a preview of the coming week in business.
The Bournemouth Echo's?Business Digest?arrives at 10am on Tuesday.
All that comes for free. But if you'd like to support local journalism by subscribing to the?Southern Daily Echo, the?Daily Echo Bournemouth?or the?Dorset Echo, I'd love you to do so. Why not take out a free 30-day trial?
