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© 2025 a Ƶ
East
15:17, 25 AUG 2025
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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Ƶ pub closures in first half of 2025 'heartbreaking' as cost pressures bite
By City AM
A combination of rising costs and tax hikes are taking their toll on the sector
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Exeter and Bournemouth airports sold in ‘exciting new chapter’
Transport
Regional & City Airports deal with ICG set to complete later this month
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French nuclear company to create 1,000 Ƶ jobs to support Sizewell C
Energy
The roles will be across Assystem's 10 Ƶ sites but in particular in Bristol, Blackburn, Derby, Sunderland and London
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Greencore's £1.2bn Bakkavor takeover offer to be investigated by Ƶ competitions watchdog
Deals
The tie-up was agreed in May and will form a combined food group with annual sales of about £4bn
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British Business Bank to inject £6.6 billion into small businesses and innovation
Finance
The Government development bank has revealed the investment plans as part of Sir Keir Starmer's 10-year industrial strategy announcement
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Sizewell C nuclear plant supplier reports rise in first-half profits
Company Results
Hercules Plc said it "remained confident" of meeting market expectations for the full year
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Ryanair to fine disruptive passengers £500 'minimum'
Transport
The budget carrier is hoping the new policy will act as a deterrent to 'unacceptable behaviour'
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Nuclear plant Sizewell C to be built after chancellor signs off £14bn for project
Energy
The last time Britain completed a nuclear power station was in 1987
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London Stansted Airport plans to boost passenger numbers to more than 50m a year
Tech
The transport hub is aiming to complete the project by 2040
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Hinkley Point C workforce hits 27,000 as Ƶ nuclear power sector grows to £20bn
Energy
The industry has grown by a quarter in three years, according to new research
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Unemployment rate hits near four-year high as wage growth falls
Employment
The Office for National Statistics (ONS) said the latest official figures showed further signs of a “cooling” labour market
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Call for ‘new industrial strategy’ to help North and Midlands firms grow exports and close gap with London
Exports
Airports group MAG and the Growing Together Alliance launch Ƶ Trade Barometer
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Donald Trump's 100% tariff on non-US movies could 'knock out' Ƶ film industry
Enterprise
The US president wants tariff 'on any and all movies coming into our country that are produced in foreign lands
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Heineken to create around 1,000 jobs and reopen dozens of Ƶ pubs
Food and Drink
The brewing giant is planning to pump £40m into its Star Pubs operation
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Ford sets aside £61m over car finance claims
Professional Services
The American car manufacturer's British motor finance division has set aside cash as an 'estimated economic outflow'
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Greene King-backed Hickory’s to open 10 restaurants a year
Restaurants
There are plans to triple the size of the business by 2030
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Food-to-go firm Greencore agrees potential £1.2bn takeover of rival Bakkavor
Deals
The deal will create a combined food group with annual sales of about £4bn
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Bruntwood SciTech secures another £100m in funding as it bids to continue its nationwide growth
property news
Innovation-focused group's banking facilities now total £580m
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Piers North is new CEO at Mirror publisher Reach plc as Jim Mullen moves to Jockey Club
London
Incoming leader says 'It’s a huge honour to lead Reach as we continue to serve essential journalism to our audiences'
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Chatsworth House owner snaps up Dorchester industrial estate
Deals
Devonshire Property Group has also acquired a trading estate in Norwich
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Five years on from lockdown – have your say on how it changed your life and your business
Coronavirus
Tells us how Government restrictions changed your business
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Mirror owner Reach plc beats profit forecasts and celebrates online growth
London
BusinessLive parent says print performance also beat market trends
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Gender pay gap means women have 'worked for free' in 2025
Employment
Pay disparity between men and women remains "stubbornly high", the report TUC said
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