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海角视频 retail and hospitality sectors brace for insolvency spike post-Budget, industry leaders caution
By City AM
Insolvencies and restructuring could rise further over the start of 2025 as firms face increased cost pressures, industry experts have said, with the retail, hospitality and care sectors likely to feel the brunt of rising energy prices and a hefty tax bill
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Government prepares for potential private school closures as VAT on fees comes into force
By City AM
The Government is reportedly preparing to handle a potential surge in demand for state school places amid concerns that private schools could face closures due to the new VAT on fees
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List of shops that have gone into administration in 2024
Retail & High Street
It's been another difficult year for the retail industry and it doesn't look set to get much better
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The year in North East business 2024 - the biggest stories of the year
David Bowie
In the second of our week of articles looking back at the year in business, we pick the 10 biggest business stories of the year.
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The year in North East business 2024 - economic turmoil impacts on firms
Economy
Kicking off a series of pieces looking back at the year in business, we look at how the changing economic landscape has impacted on North East firms
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Government open to change on electric vehicle rules after lobbying from Nissan and automotive industry
Automotive
Ministers have launched a consultation on the phasing out of petrol cars
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Lord Peter Mandelson set to be named as 海角视频's next US ambassador
By City AM
Lord Mandelson is expected to be confirmed as the 海角视频's next ambassador to the US on Friday as the tenure of the current office holder, Dame Karen Pierce, is expected to come to an end in early 2025
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Liverpool hotels set to vote on implementing new 'tourist tax' by next year
North West
A new City Visitor Charge of 拢2 is being proposed as part of the city's Accommodation Business Improvement District
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National insurance hike compensation uncertainty for public bodies in Wales
Welsh Government
Finance Secretary Mark Drakeford has told a Senedd committee he will fight to ensure bodies in Wales get the same compensation as those in England
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Shopping centre could be demolished earlier than thought
Labour Party
Nelson's Pendle Rise shopping centre was expected to be demolished next October
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Bath and Bristol tram network 'definitely on the cards'
Transport
It is one of the major campaign pledges of some of the leading candidates to be the next West of England metro mayor
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Disney hit Rivals and BBC's The Outlaws among productions helping boost Bristol's economy
Creative & Digital
The city's film and television industry is flourishing despite challenges facing the wider sector post-pandemic
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Offices of former Tory MP Sir Jake Berry to be turned into minicab call centre
Conservative Party
The plans to change Sir Jake's old base into a taxi base have been given the green light by town hall chiefs
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Employment reforms need considerable thought in order to not 'swamp business'
By City AM
The Employment Lawyers Association said the Bill needed "considerable thought" to avoid swamping business with costs or obligations, or "confusing even senior and experienced lawyers"
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'We must celebrate the tech successes of today to inspire North East scientists of tomorrow' - Chi Onwurah
Technology
The Newcastle MP and chair of the Science and Technology Committee is keen to champion the tech innovators across the city to encourage future generations
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South Western Railway set for nationalisation in major 海角视频 rail overhaul in 2025
By City AM
South Western Railway will be the first train company to be brought under public ownership as part of Labour's plans to renationalise the railways
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Celebrity chef Tom Kerridge warns of widespread closures in hospitality following tax hike
By City AM
The celebrity chef and pub owner said the tax hike in the Budget will be 'catastrophic' for the hospitality sector, as well as for the retail industry
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Wales to stage international investment summit
Welsh Government
First Minister Eluned Morgan said the event will be staged next year with hopes of it resulting in new investment from around the world into Wales
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Hull and East Yorkshire devolution process takes big step forward
Politics
Hull and East Yorkshire's Mayoral Combined Authority has taken a big step forward, as the relevant order was laid by the government in Parliament
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Air pollution levels rise in Greater Manchester - but officials reject need for Clean Air Zone
North West
Nitrogen dioxide levels were above legal limits at 64 sites across the city-region in 2023
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Getting people back into work is key challenge for North East
Chamber of Commerce
North East mayor Kim McGuinness has outlined a 拢50m package that aims to get at least 13,500 people back into work
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Bristol aerospace: Concorde's last flight was 21 years ago
Aerospace
The supersonic jet is now housed within the Aerospace Bristol museum at Filton
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The new tourism tax for Wales for overnight stays
Labour Party
The Welsh Government estimate that the levy could generate up to 拢33m a year
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Unemployment hotspots to receive enhanced NHS support in new government employment initiative
By City AM
Labour will announce the plans today as part of wide-ranging reforms designed to tackle economic inactivity and deliver the government's promise to bring more than two million people back into work
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