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Susan Davy, chief executive of Pennon
Boss of South West Water owner Pennon to step down
The announcement comes days after South West Water agreed to pay £24m after the regulator found it spilled wastewater in the environment
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National Trust to cut 550 jobs following chancellor's tax hikes
Employment
The charity has blamed rising costs including increases to employer national insurance contributions
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Virgin Atlantic, IAG demand urgent review of Heathrow's monopoly pricing
By City AM
Heathrow's largest airline customers have called for a fundamental review of the º£½ÇÊÓƵ's biggest airport's regulatory model after it announced plans to hike landing charges by more than 17 per cent
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Bank of England rate cut 'almost certain' after poor economic growth
By City AM
The Bank of England is "almost certain" to cut interest rates next month after the economy slumped for a second month in a row, according to economists.
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The Black British Business Awards 2025 finalists named
Black Communities
The awards champion black business leaders and entrepreneurs and their contribution to the º£½ÇÊÓƵ economy
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Mulberry raises £20m from shareholders after fall in sales
Retail
The Somerset-based luxury handbag maker says the extra capital will fund its growth
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South West Water to pay £24m for wastewater spills
Environment
Water regulator Ofwat said an investigation found a 'range of failures' at the Exeter-based company
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Nuclear and tech park in Gloucestershire could create 1,000 jobs
Energy
Chiltern Vital Berkeley has launched a consultation on the scheme and is inviting the public to share their views on the proposals
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Plans for glass bottling factory in Ebbw Vale creating 600 jobs abandoned
Manufacturing
Ciner Glass said the project is no longer commercially viable
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º£½ÇÊÓƵ's 'digital economy' is a 'digital illusion' with firms using outdated tech
By City AM
A new report has warned that the º£½ÇÊÓƵ's digital economy is at risk because businesses are still relying on outdated, paper-based verification processes
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Safety communications business aims for US and European growth after winning NPIF II investment
Tech
Audiebant's systems deliver messages in emergency situations
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EmploymentCorporate 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

EnterpriseGreenergy to close Immingham biodiesel plant with 60 jobs at risk
The firm has announced plans to close its base at West Riverside, Immingham, which it started production at 18 years ago, with the loss of 60 jobs
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Call for SME 'champions' to support Invictus Games 2027
West Midlands
New business initiative launched which it is hoped will raise vital funds to help host the sporting spectacle at the NEC
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Humber Estuary could be new home to 'floating power barge' and small nuclear reactor
Energy
The Humber Estuary could be home to the º£½ÇÊÓƵ's first small nuclear reactor, following an agreement signed by an international consortium.
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Boss of South West Water owner Pennon to step down
South West
The announcement comes days after South West Water agreed to pay £24m after the regulator found it spilled wastewater in the environment
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Menopause health brand Health & Her in major US expansion
Wales
Its products are now available in more than 6,000 CVS Pharmacy stores
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Technology

By City AMNvidia and Bitcoin defy Trump's tariff threats, remain strong assets
Nvidia and Bitcoin have surged to fresh highs this week, defying growing uncertainty around president Trump's latest wave of tariff threats aimed squarely at the tech industry
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Bristol tech company snaps up German eye-tracking AI firm
Deals
It is the third acquisition for South West-based Smartbox Group in the last six weeks
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WPP names Microsoft exec as new CEO as shares plunge after revenue warning
By City AM
Cindy Rose will take over from Mark Read as CEO of the advertising giant in September, as WPP battles declining revenues, key account losses, and a falling share price
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Safety communications business aims for US and European growth after winning NPIF II investment
Tech
Audiebant's systems deliver messages in emergency situations
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Nuclear and tech park in Gloucestershire could create 1,000 jobs
Energy
Chiltern Vital Berkeley has launched a consultation on the scheme and is inviting the public to share their views on the proposals
Bookmark

Retail Consumer

EmploymentNational Trust to cut 550 jobs following chancellor's tax hikes
The charity has blamed rising costs including increases to employer national insurance contributions
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Darwen Market Hall set for major transformation including new arcade and car park
North West
Councillors have been urged to approve the multi-million pound redevelopment of the Victorian retail hub in the town centre
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Manager of independent Bristol bookshop Bookhaus launches crowdfunder to buy business
Retail & High Street
The store is based in Wapping Wharf and has been open since 2021
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Wilkin & Sons, King Charles' jam supplier, returns to profit despite economic challenges
By City AM
Wilkin & Sons, the historic jam and marmalade maker to the King, has said the "challenging" Budget from Chancellor Rachel Reeves put a "significant strain" on its finances
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Fall in the number of shoppers in Wales
Wales
The Welsh Retail Consortium has published its latest retail footfall numbers for Wales
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Manufacturing

Food and DrinkAvonmouth food flavourings firm Plant-Ex appoints new director
She will support the company's continued growth and will be responsible for product safety
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Plans for glass bottling factory in Ebbw Vale creating 600 jobs abandoned
Manufacturing
Ciner Glass said the project is no longer commercially viable
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JLR sales tumble after pausing US exports
Jaguar Land Rover
The company said the significant fall in sales was partly driven by the pause in shipments after President Trump's new tariff plans
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FTSE 100 darling Rolls-Royce set to smash through latest milestone
By City AM
Rolls-Royce shares are set to be worth £10 each for the first time in the next few weeks
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Flu vaccine manufacturer to create 100 jobs in Swindon
Employment
Thermo Fisher Scientific has been based in the town since 1970 and is planning to expand over the next few years
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Commercial Property

West Midlands£2m sale deal for Sutton Coldfield property
Home to wine warehouse and dental surgery has been snapped up by private investor
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Council warned Time Square income target is 'unrealistic' as cost of living crisis has hit retail and leisure sectors
property news
The cabinet will be updated on the council's 2025-26 revenue forecast position
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Aberdeen launches consultation on plans to transform Bristol harbourside building
Offices
The public is being invited to provide feedback with the asset manager planning to submit an application to the city council this summer
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Marine engineering firm opens office at Exeter Science Park
Offices
The company was founded in 2023 and is planning its next stage of growth
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Work starts on speculative warehousing scheme at Team Valley
property news
Landowner º£½ÇÊÓƵ Land Estates is planning to invest £35m in the North East over the next two years
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Professional Services

By City AMBank of England rate cut 'almost certain' after poor economic growth
The Bank of England is "almost certain" to cut interest rates next month after the economy slumped for a second month in a row, according to economists.
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Future of º£½ÇÊÓƵ banking: Which specialist lenders are likely takeover targets?
By City AM
The º£½ÇÊÓƵ banking sector has seen a flurry of mergers and acquisitions in recent years, with the latest a landmark deal between Santander and TSB Bank
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Call for new º£½ÇÊÓƵ 'investment hub' to prevent financial services from losing global position
By City AM
A new report warns that the º£½ÇÊÓƵ risks losing its status as a leading financial centre unless it acts quickly to modernise and streamline investment services
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Jupiter snaps up º£½ÇÊÓƵ's largest investment manager for non-profits in £100m swoop
By City AM
The FTSE 250 fund manager said the deal to buy CCLA will deliver at least £16m in annual recurring cost savings as it seeks to streamline support functions and incorporate CCLA's technology to reduce duplication in systems.
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Close Brothers announces strategic shift in lending, prioritising commercial insurance over personal lines
By City AM
The lender said it would start to focus on insurance products designed for businesses, which the firm said offered better risk-adjusted returns and long-term growth potential
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Economic Development

Welsh GovernmentLocations of three huge new Welsh wind farms revealed that will dominate skylines and power 350,000 homesThe plan is to generate enough renewable electricity to meet 70% of what's used in Wales by 2030, rising to 100% by 2035
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Price pressures ease on North East firms but sales are subdued, survey finds
Economy
The quarterly economic survey from the North East Chamber of Commerce returned mixed results
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Blackpool bids farewell to brutalist Bonny Street Police Station as redevelopment looms
North West
Landmark to make way for proposed £300m Blackpool Central scheme
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Hundreds of flats in planned Piccadilly high-rise district 'expected' to be 'affordable'
Housing
The towers are set to be built on the site of Diecast, on Store Street, according to a new strategic regeneration framework
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New investments to add 1,600 jobs to Newcastle and Gateshead economy
Economy
Invest Newcastle has highlighted a number of relocations to the area in the last 12 months
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West MidlandsMaritime Transport to operate new £1bn West Midlands InterchangeNew logistics hub will be served by West Coast Main Line and strive to move more freight traffic on the º£½ÇÊÓƵ rail network
Discover a new home for your business: Mandale Group’s new business parks soar in Teesside
º£½ÇÊÓƵ
Stockton-based developer brings its Hybrid Industrial Units to Middlesbrough, Stokesley and Eaglescliffe
Black Friday sale: Get 75% off our business of football newsletter
News
Stay up to date with the biggest financial deals in football with The Bottom Line newsletter - subscribe this week to get 75% off
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
DealsBristol tech company snaps up German eye-tracking AI firmIt is the third acquisition for South West-based Smartbox Group in the last six weeks
Future of º£½ÇÊÓƵ banking: Which specialist lenders are likely takeover targets?
By City AM
The º£½ÇÊÓƵ banking sector has seen a flurry of mergers and acquisitions in recent years, with the latest a landmark deal between Santander and TSB Bank
Marine engineering firm opens office at Exeter Science Park
Offices
The company was founded in 2023 and is planning its next stage of growth
Call for SME 'champions' to support Invictus Games 2027
West Midlands
New business initiative launched which it is hoped will raise vital funds to help host the sporting spectacle at the NEC
EnterpriseGreenergy to close Immingham biodiesel plant with 60 jobs at riskThe firm has announced plans to close its base at West Riverside, Immingham, which it started production at 18 years ago, with the loss of 60 jobs
Call for SME 'champions' to support Invictus Games 2027
West Midlands
New business initiative launched which it is hoped will raise vital funds to help host the sporting spectacle at the NEC
£2m sale deal for Sutton Coldfield property
West Midlands
Home to wine warehouse and dental surgery has been snapped up by private investor
Humber Estuary could be new home to 'floating power barge' and small nuclear reactor
Energy
The Humber Estuary could be home to the º£½ÇÊÓƵ's first small nuclear reactor, following an agreement signed by an international consortium.
National Trust to cut 550 jobs following chancellor's tax hikes
Employment
The charity has blamed rising costs including increases to employer national insurance contributions