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SMEs

Yorkshire electric bus importer brings hundreds of vehicles to º£½ÇÊÓƵ with £93.5m funding package
Automotive
Pelican Engineering Group has used bank funding to bring battery electric buses to the country from China
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º£½ÇÊÓƵ and South Korea resume trade talks focusing on tech and digital services expansion
By City AM
The º£½ÇÊÓƵ and South Korea share a trade relationship worth some £17bn in the year to June 2024, officials said, with the talks the third to resume post-Labour's election win
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Humber workspace specialist Chameleon Business Interiors acquires Hunters Contracts North
Deals
The 25-year-old Hull-based firm, which delivers projects at home and oversees, said the purchase was a pivotal moment
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Citu and Urban Splash Residential Fund sign £200m agreement covering 600 portfolio homes
Housing
The deal "connects capital with regeneration" according to investment advisor Sure Capital Partners
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WorkNest expands with Wirehouse acquisition for undisclosed sum
Deals
The deal marks the third acquisition for The GRC Group this year
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Lifted Project instals new Birmingham board
West Midlands
Team will work to drive investment to businesses led by female founders
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Research consultancy Kada choses Gateshead for second º£½ÇÊÓƵ base
SMEs
The Yorkshire firm has already been working with North East authorities
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Opinion: How the North West is leading the º£½ÇÊÓƵ’s residential resurgence
Economic Development
Dave Taberner, associate director of property finance at OakNorth, on local market resilience
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Fintech firm secures £1.35m prize at pitching competition
West Midlands
Inicio AI was chosen ahead of 140 other applicants to take home the reward at the One to Win event
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North East business confidence at a high, two separate surveys reveal
Economy
Regional research by Sumer and The Entrepreneurs Network, and the latest ICAEW’s Business Confidence Monitor, show an uptick in positivity
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New £2m investment initiative launched for female entrepreneurs
West Midlands
The Fortuna Fellowship has been created with the aim of offering investment, mentoring and growth support to young companies
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Water retailer Wave toasts new £100m framework deal with The Energy Consortium
Deals
The deal gives it access to university and museum customers across the º£½ÇÊÓƵ
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º£½ÇÊÓƵ's new MedTech strategy could save billions and boost jobs by 2030
By City AM
A new report released today by the government is aiming to boost the reuse, recycling and re-manufacturing of medical technologies - and experts believe it could save the country billions
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Creative industries can play an even bigger role in the Welsh economy says the FSB
Federation of Small Businesses
The business body has outlined a series of measure aimed at boosting the impact of a sector underpinned by small firms
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New business group launched to boost digital skills
West Midlands
Consortium brings together public and private sector with the aim of addressing the digital skills gap in the West Midlands
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Decarbonisation drives growth - RE:GEN Group leads North East’s Fastest 50
Events
The Sunderland group has topped the list of the region's fastest growing companies for two years running
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4,000 Bristol companies in 'significant financial distress', report finds
Insolvency and Administration
Construction firms, retailers and bars and restaurants are struggling the most, the Begbies Traynor research found
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North East deals of the week: key contracts, acquisitions and investments
Deals
Deals featuring in this week's round-up feature Precursor Technology Group, DPD, developer Dan Green, OneGym and Go Ahead
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Melius Cyber in Newcastle raises further £500,000 for platform to safeguard SMEs
Deals
The latest funding round brings the total raised to date to £1.35m
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Revolut takes on Square with new payment terminal for larger businesses
By City AM
The London-based banking firm is set to roll out the device, called Revolut Terminal, in the º£½ÇÊÓƵ and Ireland ahead of the busy festive season in a push to grow its business-to-business offering
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Hull youth support firm Wild Interventions to create new jobs after securing investment
Deals
The funding from Northern Powerhouse Investment Fund II will also fund the development of an app
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Developers lead plan to turn empty Newcastle historic hall into luxury housing
property news
The Grade II listed Pendower Hall has new owners who have big plans for the two hectare plot
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Boss of Gloucestershire marketing agency named º£½ÇÊÓƵ 'leader to watch' by Lloyds
Gloucestershire
LCD's Top 50 recognises ambitious leaders who are creating making 'great strides' in growing their businesses
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The Geordie businessman who has returned to inspire the region's young people into entrepreneurship
People
Tom Keighley speaks to Rob Wood about the Enterprising Futures Academy he has set up in the city
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