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Government vows to transform fintech - and launches nationwide census to support tech businesses and drive open banking
Professional Services
New City minister says 2023 'will be the year of delivery on the next generation of open banking'
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Newcastle's Middleton Enterprises invests £612k into SushiDog fast food restaurants
Deals
SushiDog adds to the firm's portfolio which includes OneGym, Alertacall and ilke Homes
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University of Bristol spin out raises £6.7m for smartphone chip tech
Technology
Fabless semiconductor firm Forefront RF as received the backing of one of the largest growth capital investors in the Ƶ, as well as Bristol deep-tech support organisation Science Creates
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South West insolvency-related activity reaches 11-month high - according to new research by R3
Insolvency and Administration
R3’s analysis of data provided by Creditsafe shows there were 151 cases of insolvency-related activity in the South West in February
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Barrett Steel acquires Aartee Bright Bar in £13m rescue deal but Dudley plant will close
Engineering
More than 170 jobs have been saved as a result of buyout struck with administrators but hot-rolled plant in Black Country is not included
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Pacifica Group acquires South East-based appliance servicing firm Autowash
Deals
It is the latest in a string of purchases for the County Durham group
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Three new Paris routes launched by Eastern Airways as Air France partnership forged for onward travel
Transport
East Midlands, Cardiff and Southampton to be linked to Paris Orly
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NatWest set new limits on cryptocurrency trading
NatWest
New daily and monthly limits for customers are being introduced by the bank
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International Women's Day: 23 top British women business leaders for 2023
International Women's Day
BusinessLive shines a light on some of the thousands of women exemplifying leadership around the Ƶ
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Networking group for working mums expands with five South West hubs
International Women's Day
Freelance Mum was founded by former BBC Radio Bristol presenter Faye Dicker
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Wincanton issues profit warning after losing key government contract
Logistics
The Wiltshire-based firm said it was “extremely disappointed” after HMRC switched to another logistics provider to support its Ƶ customs arrangements at inland border facilities
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RES Group enters Iberian wind market with Spanish blade specialist buy-out
Energy
Early Grimsby cluster operator swoops for IM FutuRe
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Cramlington's Merit enlisted for £150m Moderna vaccine hub scheme
Construction
Hundreds of construction jobs will be created through the Moderna Innovation and Technology Centre (MITC) project
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Arm to open Bristol site as tech firm looks to grow Ƶ headcount
Technology
The microchip designer made the announcement as it opted against listing on the London Stock Exchange, in what is seen as a ‘significant blow’ to the Ƶ tech sector
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Norstead follows Metnor Construction into administration with the loss of 52 jobs
Insolvency and Administration
The firm had sought a buyer in recent weeks
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Abellio Ƶ completes MBO from Dutch parent company
Transport
Railway and bus services in several regions now under Ƶ ownership following completion of buyout deal
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The Original Factory Shop guarantees interviews for redundant Wilko, New Look, Argos, B&Q, M&Co, Paperchase and TK Maxx staff
North West
New figures recently revealed that Ƶ retailers have slashed almost 15,000 jobs since the start of 2023 after a raft of collapses and restructurings on the high street
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Co-operative Bank tables bid for £650m Sainsbury’s Bank mortgage book
North West
The Co-operative Bank's annual results are due out next week
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New base to unite Wozair's Hull industrial acquisitions as it steps up scale of operations
Industrial
Heating, ventilation and air conditioning specialists to be brought together after two city deals in four years for Kent team
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"The four-day week was a game changer": How results of Ƶ trial could change the way we work
Employment
Results of the Ƶ four-day week trial show that majority of firms that took part are sticking with the new regime with staff reporting feeling less stressed while productivity is maintained.
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Ambulance services providers merge in ‘multi-million pound’ deal
Deals
E-zec Medical, which has sites across the South West, has reached an agreement with Leeds-based ERS Medical
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Premiership Rugby hires Sir Nigel Boardman to review club finances
Appointments
Sir Nigel has previously led a government inquiry into the Greensill Capital lobbying scandal
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Hargreaves Services hails carbon cutting conveyor as part of HS2 work
Engineering
The engineering project intends to cut out the need for HGV journeys
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Boohoo stake increased by group owned by one of the world's richest men
North West
Ken Griffin has an estimated net worth of £21bn
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