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© 2025 a º£½ÇÊÓƵ
Rachel Reeves urged to 'copy Margaret Thatcher' with bank tax
A 2.5 per cent tax on banks with assets of more than £100bn could raise £8bn for the Treasury
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Troubled graphene maker Versarien issues update as potential Chinese investor withdraws
Insolvency and Administration
The Gloucestershire-headquartered company has already placed a number of its businesses in administration
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Men still dominate high-paying law jobs as women face challenges in sector
By City AM
Men made up 80 per cent of partners hired into corporate and finance practices in the years 2019 to 2024
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Jeremy Clarkson's pub 'roaring success' year after opening
Food and Drink
The Diddly Squat farmer says there are now nearly 150 people on the payroll
Bookmark
Nvidia earnings beat expectations but China uncertainty weighs on shares
Technology
The AI chipmaker reported fiscal second-quarter revenue of $46.7bn, up 56 per cent year on year, with adjusted earnings per share of $1.05. Both figures came in ahead of Wall Street forecasts.
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Bournemouth Airport set for major expansion after £50m investment plans approved
Transport
The investment is expected to create 230 direct jobs and mean the transport hub can accommodate three million passengers a year
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FCA opens investigation into Drax over biomass sourcing and reports
Energy
The firm has said it will cooperate with the watchdog
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Company behind Lindsey Oil Refinery collapsed owing estimated £1.6bn including huge sum to tax office
Manufacturing
Employees are also listed among the creditors as "material irregularities" concerning a £738m loan to the group are shown to have triggered its collapse
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Filtronic wins 'landmark' $62.5m SpaceX order as Starlink success continues
Technology
The rocket company's Starlink subsidiary said County Durham's Filtronic has been important to its satellite rollout
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Historic hotel poised for revamp after sale
West Midlands
A private investor has acquired the venue in Staffordshire after liquidators were appointed earlier this year
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Hospitality sector suffers huge job losses as costs soar
By City AM
Data shows that 89,000 hospitality jobs have been lost since the Budget last October
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Budget 2024: Updates and business reaction as Chancellor Rachel Reeves delivers autumn budget statement
Economic Development
Key budget 2024 announcements on tax, wages and support for sectors in our live coverage of the autumn budget statement
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Water Babies swim school acquired by US investors
Deals
The Devon-headquartered company was founded in 2002 and now operates across the º£½ÇÊÓƵ as well as internationally
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Flexible working brings businesses together, says Leeds and Liverpool coworking specialists Avenue HQ
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Avenue HQ, which currently has three locations, is transforming ways of working across the North of England
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Triodos º£½ÇÊÓƵ boss to step down after decade at the helm
People
Bevis Watts' departure will coincide with the Bristol-based lender's 30th anniversary in Britain
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Christmas appeal: Companies urged to help children at risk of hunger over the holidays
Christmas
Business Live's sister site Bristol Live is launching an appeal to make sure children on free school meals in Bristol are fed over the festive season
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Globally recognised manufacturer Middleton Engineering offers waste management solutions
Engineering
The company goes from strength to strength and offers long-term service contracts to promote responsible sustainability
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Dynamic new campaign to boost the West Midlands unveiled
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It has been designed to help the West Midlands reinvigorate its brand, drive growth, and create high-value jobs
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Globally recognised manufacturer Middleton Engineering offers waste management solutions
Engineering
The company goes from strength to strength and offers long-term service contracts to promote responsible sustainability
Bookmark
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##LEAD##
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Employment
Corporate Britain needs to 'wake up' to potential talent of ex-offenders, charity boss says
Eva Hamilton MBE says horse therapy could ease strain on º£½ÇÊÓƵ's prison system and is calling for government support
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More than third of major airports raise drop-off fees
Transport
The RAC has said it is "bordering on the ridiculous"
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Bank of England should cut interest rates to help households, says Monetary Policy Committee member
Bank Of England
Swati Dhingra said the Bank of England should cut interest rates in order to help stop the squeeze on living standards
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£62m battery energy storage development planned for Teesworks following EOS deal
Climate Agenda
The announcement comes on the back of a number of renewable energy projects set to come to the Teesworks site
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West Midlands gigafactory team says next Government must attract more battery investment to the º£½ÇÊÓƵ
Automotive
Greenpower Park says º£½ÇÊÓƵ is falling behind other countries
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Enterprise
Technology
Charles Clinkard teams up with nearby AI firm to drive improvements
The century-old shoe retailer is working with fellow North East firm Pulse on a range of initiatives
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Turnover and profits rise at North East hotel firm Ramside Estates
Company Results
The firm has made significant investment into its golfing operations during the last year
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Mortgage approvals rise for third month in a row despite fears of housing market slump
By City AM
The Bank of England's money and credit statistics showed the housing market remains intact despite fears it might slump ahead of the Autumn Budget
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Big rise in the number of Welsh start up firms
Economy
Trade body R3 has published new data on business start up and insolvency activity
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Bridgend aerial systems venture IrvinGQ lands £25m MoD contract
Armed Forces
The contract will safeguard around 10% of its 250 workforce over the next decade
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Technology
West Midlands
Funding deal for software firm Nimbus
Loan will be used to develop its mapping technology and hire five new staff
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Lab grown meat innovator CellRev calls in administrators with jobs lost
Insolvency and Administration
The cell culture specialists had attracted more than £4m of investment since spinning out from Newcastle University in 2018
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Payments tech firm Modern World Business Solutions to create 100 jobs in Newcastle
Technology
The Cambridgeshire-based firm says it is 'laying foundations' for its growth with the launch of new Byker premises and plans to hire 100 people this year
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Newcastle life sciences firm AMLo Biosciences collapsed owing £1.89m, documents show
Insolvency and Administration
Administration documents show an investment round at the end of April was unsuccessful, after a new lead investor pulled out
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Nvidia earnings report will test if its valuation holds up and market has AI wrong
By City AM
Nvidia holds a unique position as a proxy for the entire AI investment boom, but its upcoming earnings report could test whether the stock market's bullish narrative holds up
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Retail Consumer
Automotive
Sherwoods Motor Group eyeing acquisitions after passing £100m turnover
The North East dealership group has released accounts for 2024 which outline new partnerships with a number of leading brands
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Cazoo owner makes first profit since 2019 after rescuing collapsed brand
By City AM
Motors.co.uk, which is owned by Gumtree, acquired the Cazoo brand for £5m in June 2024
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Levi Strauss cuts 200 º£½ÇÊÓƵ jobs as it bets on Beyonce to boost sales
By City AM
The Northampton-headquartered division reduced its headcount from 1,857 to 1,630 in the 12 months to 30 November, 2024, new accounts filed with Companies House show.
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Jeremy Clarkson's pub 'roaring success' year after opening
Food and Drink
The Diddly Squat farmer says there are now nearly 150 people on the payroll
Bookmark
Arrival of Isles of Scilly passenger ferry delayed until 2027
Transport
The vessel was meant to enter service next year
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Manufacturing
Insolvency and Administration
Troubled graphene maker Versarien issues update as potential Chinese investor withdraws
The Gloucestershire-headquartered company has already placed a number of its businesses in administration
Bookmark
Company behind Lindsey Oil Refinery collapsed owing estimated £1.6bn including huge sum to tax office
Manufacturing
Employees are also listed among the creditors as "material irregularities" concerning a £738m loan to the group are shown to have triggered its collapse
Bookmark
Aurrigo secures £1m grants to advance autonomous transport
West Midlands
Firm will use new capital to work on a quartet of schemes
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North Wales aerospace firm eyeing major order growth from larger factory site
Wales
Continental Diamond Tool has moved to a larger factory site
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Major contract wins for diagnostics firm EKF in Africa and Latin America
Deals
The contracts for the Penarth headquartered firm are worth £54m
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Commercial Property
West Midlands
College looks long-term with brace of leases
Dudley College of Technology now plans to upgrade its sites in Waterfront Business Park
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Coffee shop chain to expand in Birmingham
West Midlands
200 Degrees will open its third venue in the city and fourth in the region next month
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Historic hotel poised for revamp after sale
West Midlands
A private investor has acquired the venue in Staffordshire after liquidators were appointed earlier this year
Bookmark
£100m NatWest funding deal for housing provider
West Midlands
Midland Heart has secured fresh injection of capital which it will use to upgrade stock and building new homes
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DHL opens new regional hub in Birmingham
West Midlands
Logistics firm says new facility will increase handling capacity by 50 per cent
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Professional Services
Law
Weightmans expands Midlands footprint with new office launch
North West law firm has opened a new base in Nottingham - its third in the region
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Sweaty Betty cuts jobs in overhaul as it posts 1.5m profit
By City AM
º£½ÇÊÓƵ activewear retailer posts profit for the first time since 2021
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Wise explores º£½ÇÊÓƵ banking licence after abandoning London stock market listing
By City AM
The company has reached out to financial services heavyweights in the last two months regarding roles related to starting a banking business in the º£½ÇÊÓƵ, according to The Times.
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Weightmans hails record profits amid private wealth work
Law
Ahead of accounts to be published later this year, the firm says it has sustained growth for the fourth consecutive year
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Men still dominate high-paying law jobs as women face challenges in sector
By City AM
Men made up 80 per cent of partners hired into corporate and finance practices in the years 2019 to 2024
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Economic Development
Economic Development
North East scheme for better workplaces reaches 100 companies
The Shine programme is part of North East mayor Kim McGuinness' New Deal for North East Workers
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Entrepreneurs' Forum members boost turnover by £300m, report says
Economy
The North East business group brings together established business leaders with younger entrepreneurs to provide support and advice
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Business confidence in º£½ÇÊÓƵ economy edges up after worst reading on record
By City AM
The Institute of Directors' (IOD) monthly survey showed business confidence at the second-lowest level on record, but bosses are now mildly confident about growth
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US government could pump £70m into Plymouth tungsten mine
Finance
If a deal is agreed it could create hundreds of jobs and a boost for the local economy
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Company behind Swindon gas plant plans responds to criticism
South West
Rivan Industries has lodged an application for permission to install its gas plant in a farmer's field
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West Midlands
Maritime Transport to operate new £1bn West Midlands Interchange
New logistics hub will be served by West Coast Main Line and strive to move more freight traffic on the º£½ÇÊÓƵ rail network
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Discover a new home for your business: Mandale Group’s new business parks soar in Teesside
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Stockton-based developer brings its Hybrid Industrial Units to Middlesbrough, Stokesley and Eaglescliffe
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News
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165 room hotel and leisure complex will act like a traffic-free ski resort for the Derbyshire Peaks
Commercial Property
£300m site will be a car-free hub – taking guests into the Peaks for biking and hiking, nature, heritage, sport and culture
North Somerset estate agent's Parker's appoints new manager at Backwell office
Appointments
Simon Russell joins the team from Ocean Estate Agents
Most Read
Most Recent
Construction
North East offsite construction innovator Merit facing winding up petition from tax office
The action by HMRC follows two other winding up petitions launched against the group earlier this year but later withdrawn
US government could pump £70m into Plymouth tungsten mine
Finance
If a deal is agreed it could create hundreds of jobs and a boost for the local economy
Jobs lost after appliance distributor collapses into administration
Insolvency and Administration
The business is continuing to trade while the administrators explore options
Debenhams to close BooHoo distribution centre with potential loss of 1,250 jobs
Employment
The operation in Burnley will be transferred to Sheffield
Troubled graphene maker Versarien issues update as potential Chinese investor withdraws
Insolvency and Administration
The Gloucestershire-headquartered company has already placed a number of its businesses in administration
Technology
Charles Clinkard teams up with nearby AI firm to drive improvements
The century-old shoe retailer is working with fellow North East firm Pulse on a range of initiatives
Turnover and profits rise at North East hotel firm Ramside Estates
Company Results
The firm has made significant investment into its golfing operations during the last year
Cazoo owner makes first profit since 2019 after rescuing collapsed brand
By City AM
Motors.co.uk, which is owned by Gumtree, acquired the Cazoo brand for £5m in June 2024
We need to ditch the negativity around change of business ownership in Wales
Deals
Frank Holmes and Isabella Hancock on why a change of ownership in Welsh business shouldn’t be seen as a negative but is often the springboard for significant investment and job creation.
Weightmans expands Midlands footprint with new office launch
Law
North West law firm has opened a new base in Nottingham - its third in the region
