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Exports
06:30, 14 DEC 2022
Supply chain issues lead to £2bn in unfinished South West goods
Logistics
Manufacturers across the region said Covid lockdowns in China, the war in Ukraine and Brexit had ‘exacerbated’ the problems
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Jewson builders merchants being sold in £740m deal
Deals
Despite tough economy, new owner says Ƶ renovation and maintenance market remains attractive
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Osbit expands US footprint to meet demand in growing offshore wind industry
Energy
The Northumberland firm has launched US entity Osbit Inc in Rhode Island and Delaware
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Tough motors market blamed for collapse of £400m Evans Halshaw and Stratstone group bid
Automotive
Shares in parent group Pendragon fell more than a quarter following the announcement
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Engineering firm opens Spain operation to grow its share of overseas market
Exports
Spain is a global leader in automotive components - which is one of the company's specialisms
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Catering equipment giant Nisbets to target expansion in Europe and Australia
Deals
The Bristol-based firm has bought three firms this year as part of an acquisition strategy
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Rab and Lowe Alpine owner expanding global reach with multi-million pound backing
Fashion
The two brands supply everything from cold weather wear to climbing gear, backpacks, boots and sleeping bags
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Eight export champions for Wales unveiled by the Ƶ Government
Exports
They were support the Department for Trade to encourage more firms in Wales to export globally.
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Rolls-Royce and EasyJet complete world-first hydrogen engine test
Aerospace
Rolls-Royce engines and general operations contributed 0.6% of man-made CO2 emissions in 2019
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'Wales life sciences sector key to Ƶ growth plan' - Trade Secretary
Economy
Kemi Badenoch will make her first visit to Wales today as Trade Secretary
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Dr Martens warns of slowing demand for its products
Fashion
Nevertheless, chief executive Kenny Wilson was positive about the peak Christmas trading period
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Couple sell reviews website they launched on a kitchen table a decade ago to US software giant
Technology
Deal gives founders time and resources to care for six-year-old son who has a rare and debilitating genetic condition
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Enter the 2023 LeicestershireLive Innovation Awards now
Leicestershire Live Innovation Awards
Previous winners used the awards to raise their profile, attract employees, and develop national and international success
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How Brexit costs this retailer £1m a month in sales
Retail & High Street
Pertemba founder Ravi Karia says £22m annual sales would be £35m without post-Brexit trade barriers
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Pendragon extends “put-up or shut-up deadline” for £400m bid in the business
Automotive
Swedish Hedin Mobility Group AB given until next month to make offer for Evans Halshaw and Stratstone owner
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East Midlands business leaders say Autumn Statement 'high on stealth-creation and low on wealth-creation'
The Budget
FSB says SMEs 'face even higher taxes, cuts to innovation, and a recipe for a longer and deeper recession'
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Marketing agency sells for £8m – six years after it was launched with just £100
Marketing
Luke Tobin set up Digital Ethos in 2016 and in that short time has grown it to a 50-strong team
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Tom Joule – who started Joules selling wellies at country fairs – hopes brand will live on as administrators called in
Retail & High Street
Comes as one analyst says, ‘Next and Frasers look logical suitors given their relatively robust position’
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East Midlands appointments and promotions
Appointments
Moves at Armsons Barlow, Heavenly Desserts, Precision People, Gowercroft Joinery, Cambridge & Counties and more
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East Midlands business activity falls for fifth month
Economy
Business confidence at two-and-a-half year low, according to a new NatWest study
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Goldsmiths boss on how luxury watch sales are still booming despite cost of living crisis
Retail & High Street
Watches of Switzerland CEO says prices rising as supply still outstripping demand and new showrooms open
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Amazon says it has invested more than £3bn into East Midlands since 2010 and created 8,000 jobs
Retail
It said across the region more than 6,000 SMEs had worked in partnership with the business since 2010
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How Ƶ-based Associate Events is helping stage Cop27 UN climate summit in Egypt
Climate Agenda
Leicester firm has supported nine Ƶ and global business attending key climate event in Sharm El-Sheikh, Egypt
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Pet supplement maker Custom Vet Products sold to Swedencare in £10m-plus deal
Deals
Hoped deal will bring 'fantastic opportunities to expand more rapidly into the Ƶ and European markets'
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