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London
10:47, 20 JUN 2023
The future of the high street: FSB wants businesses to have their say on what the future holds
Retail & High Street
FSB launching survey on July 13 to plan ‘new golden age of the high street’
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London university launches business course to support underserved black entrepreneurs
Black Communities
Master of Business Administration (MBA) course has been launched by SOAS University of London and the Black British Initiative
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Green energy producer Voltalia opens its largest º£½ÇÊÓÆµ solar park in Dorset
Energy
Service provider Voltalia has struck a deal with the City of London Corporation, which will see half of its energy delivered from South Farm Solar, powering landmarks such as Tower Bridge
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Mike Ashley's Frasers Group increases stake in AO
North West
The original deal saw Frasers Group acquire a stake of just under 19% in AO for £75m
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ITV 'actively exploring' acquisition of Lime Pictures owner All3Media
North West
Lime Pictures is the maker of Hollyoaks, The Only Way is Essex and Geordie Shore
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Rise in º£½ÇÊÓÆµ insolvencies blamed on issues such as inflation and lack of government support
Insolvency and Administration
The worst affected areas have seen a fivefold increase
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Manchester Airports Group names new chief executive as boss steps down after 13 years
North West
The chairman of Manchester Airports Group will also step down in September
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Record profits for º£½ÇÊÓÆµ's 'worst hotel chain' Britannia
North West
The hotel chain cut almost 1,000 jobs at the height of the Covid-19 pandemic
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More than 2,000 staff redundant as delivery firm Tuffnells collapses
Insolvency and Administration
The firm has appointed joint administrators at Interpath Advisory after failing to secure funding in recent weeks.
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Rishi Sunak says º£½ÇÊÓÆµ should lead world on AI regulation
Rishi Sunak
'It’s important that we put guardrails in place to make sure that we develop and exploit this technology in a way that’s safe'
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HSBC unveils Innovation Banking arm centred on former Silicon Valley Bank º£½ÇÊÓÆµ business
HSBC
'The º£½ÇÊÓÆµâ€™s world-leading technology and life sciences sectors are central to growing the º£½ÇÊÓÆµ economy'
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FirstGroup stays positive despite rail strikes and TransPennine loss
Retail & Consumer
'The loss of the contract was a huge disappointment for our team'
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CBI members back reform package with 93% in favour at crunch vote
CBI
The Confederation of British Industry (CBI) says it speaks for 190,000 businesses and sought members' backing for changes in the wake of a sexual misconduct scandal that led the Government to suspend its engagement with the group
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Jet2 boss says holiday market is soaring as airline announces latest growth plans
Retail & Consumer
CEO Steve Heapy says he is 'very confident' as consumers continue to prioritise vacations
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Santander provides £25m backing for Dorset solar farm project
Energy
Service provider Voltalia has struck a deal with the City of London Corporation, which will see half of its energy delivered from South Farm Solar, powering landmarks such as Tower Bridge
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Chancellor suggests businesses should make office the 'default' as working from home could stifle creativity
Professional Services
Jeremy Hunt says WFH can help with childcare and family needs but praises 'water cooler moments'
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East Midlands Railway warns of reduced services on the Midland Mainline from late May to mid-June
Engineering
EMR said engineering work is needed to upgrade drainage and replace sleepers at the Clay Cross and Milford tunnels
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Rail strikes: No East Midlands Railway services on Friday, May 12 and big reductions on Saturday, May 13
Leisure & Touism
Reduced Saturday services could hit travellers to the Eurovision song contest and football matches
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Occupational health and wellbeing specialist PAM Group to create 100 jobs
North West
PAM Group has been backed by private equity firm LDC since 2021
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Watchdog hopes to deter firms from shunning London Stock Exchange in rules shake up
Economy
The changes include replacing existing 'standard' and 'premium' listing segments with a single category and set of requirements
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Nisha Katona's Mowgli Street Food creates hundreds of jobs as expansion fuels revenue surge
North West
Mowgli Street Food has reported its first pre-tax profit
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The latest promotions at law firm TLT show the progress of women in the company over the past three years
Women
The Bristol-headquartered firm has promoted 10 colleagues to partner
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Unilever reports a strong start to the year against the challenging consumer climate
Company Results
The consumer goods company has sites in London, Surrey and Gloucestershire
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Aviva supporting 1,000 new jobs with £20m investment in low carbon home builder
Housing
New TopHat plant – said to be Europe’s biggest modular housing factory – is set to open in the summer of 2024
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