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South East
16:43, 22 AUG 2022
Retro arcade bar chain NQ64 reveals plans to open in 11 more º£½ÇÊÓÆµ cities
Retail & Consumer
NQ64 has secured £2.5million funding to accelerate its business roll-out plans
Bookmark
Spitfire flown by The Great Escape's Sandy Gunn to return to skies with help from GKN
Aerospace
Once restored, the historic plane will fly to Norway and will attend air shows in New Zealand and the US
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Cineworld considering bankruptcy but no 'significant impact' on jobs
Leisure & Touism
Bosses at the world’s second-largest cinema chain said its theatres would continue to trade
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Tips on foreign currency and exchange rates when travelling abroad
Finance
"As for changing cash at an airport – you have to be desperate. Don’t do it"
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Cineworld bankruptcy reports see cinema chain’s shares plummet
Creative & Digital
The world’s second-biggest cinema business declined to comment on reports it is preparing to file for bankruptcy "within weeks"
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Yorkshire Building Society gives staff £1,200 cost-of-living one off payment
Economy
The payment comes on top of a £1,000 salary increase for the same colleagues earlier in the year
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Waitrose to close North East store putting more than 120 jobs at risk
Retail & High Street
The upmarket supermarket is also proposing to close the Croydon store which employs 70 people
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Cineworld warns of low audiences due to 'limited' film releases
Leisure & Touism
The world’s second-largest cinema business said recent admission levels had been "below expectations"
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º£½ÇÊÓÆµ furniture maker sold to Manchester investment firm in multi-million pound deal
Deals
Jack Mason, Group CEO of Inc & Co said: “We are excited to be joining Maker&Son on its business journey".
Bookmark
Thousands of Nationwide staff to receive £1,200 bonus payment to help with cost of living
Employment
The one-off payment will be for staff at the building society who earn £35,000 or less a year
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GMB Union slams Amazon pay offer as 'joke' as inflation drives record wage slump in º£½ÇÊÓÆµ
Employment
New figures from the Office for National Statistics show pay is failing to keep up with the cost of living
Bookmark
'Our secret is a simple business plan': The family-owned construction company on surviving for 130 years
Construction
Mike Hedges, director of construction firm Beard, talks to BusinessLive about the impact of the war in Ukraine on the industry, the challenges of Covid and going green
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Joules hires ex-Compare the Market boss as new CEO
East Midlands
Jonathon Brown will take over the role from Nick Jones, who revealed plans to leave the business in May.
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Bourne Leisure founders in talks to buy back Butlin's for £300m
Deals
The Harris family is understood to be in discussions with private equity firm Blackstone over the sale
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Mike Ashley's Frasers Group sells off retail parks in £205m deal
Retail & High Street
The disposal includes retail parks in the North West, Hertfordshire and Scotland
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Waste management firm McCarthy Marland expands following major acquisition deal
Deals
The company has more than doubled its turnover to over £18m following the deal, it said
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Rolls-Royce agrees deal to supply more than 500 engines for Army's Boxer tank
Armed Forces
The engines for the vehicles will be delivered between 2022 and 2030, the company said
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Forest Green Rovers extends sponsorship deal with London and LA-based digital agency
Deals
The announcement comes as the club prepares to compete in League One for the first time in its history
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Almost 900 jobs lost at national hotel chain as it made £166m profits swing
North West
Village Hotel Club is owned by US-headquartered private equity firm KSL Capital Partners
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Households already owe energy suppliers £1.3bn ahead of October bill hikes
Energy
Eight million households have no credit balances, meaning they have no cushion against the winter misery
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PwC handed £1.8m fine over BT audit work
Pricewaterhousecoopers
Audit partner Richard Hughes has also been fined £42,000 by the Financial Reporting Council
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Sofa company ScS hikes up profit expectations but warns of cost-of-living hit ahead
Retail & High Street
The Sunderland flooring and sofa retailer said it has seen lower numbers of orders amid lowering consumer confidence
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Rolls-Royce profits hit by inflation and war in Ukraine
Company Results
Operating margins at the engine maker have been squeezed in the first half of the year
Bookmark
Somerset's British Solar Renewables acquired by ICG debut infrastructure fund
Deals
The firm was one of the first developers of solar panels in the º£½ÇÊÓÆµ
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