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South East
15:49, 4 APR 2022
Saietta Group snaps up former ZF factory in Sunderland in major North East investment plan
Deals
The electric vehicle powertrain firm has also hired some of ZF's former staff
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EasyJet cancel 200 flights due to high Covid rates among staff
Transport
It comes as staff shortages at major airports contributed to long delays
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Sofa Workshop collapses into administration with loss of 77 jobs
Retail & High Street
All existing orders will be fulfilled , say appointed administrators at PwC
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The 13 º£½ÇÊÓÆµ tech firms with valuations of more than $10bn
Technology
New figures also show the value of the º£½ÇÊÓÆµ's tech has reached $1 trillion
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Brewin Dolphin to be acquired by Royal Bank of Canada in £1.6bn deal
Deals
The wealth manager, which has a strong presence in the North East and around º£½ÇÊÓÆµ regions, is recommending the deal to shareholders
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Average º£½ÇÊÓÆµ house price soars by more than £33k in one year
property news
Nationwide said it was becoming harder for homeowners to trade up, with price gaps between property types at a record high
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South East finalists for the StartUp Awards National Series revealed
Startups
The winners will be revealed in June
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Pandemic pet boom: The º£½ÇÊÓÆµ companies turning a passion for animals into serious business
Retail
From food to fashion accessories to wearable tech, the º£½ÇÊÓÆµ pet market is thriving - and these firms are reaping the rewards
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P&O Ferries boss refuses plea to reverse decision to sack 800 workers
Employment
The CEO said re-employing the workers would 'deliberately cause the company's collapse'
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National Grid sells majority stake in gas network to Macquarie and BCI
Deals
The FTSE 100 business will pocket £2.2bn in cash following the deal with the Australian and Canadian investment firms
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Rishi Sunak's spring statement - tell us what you think of the Chancellor's plans for business and fuel costs
Rishi Sunak
Take our short survey on the Chancellor's plans for the economy
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Rishi Sunak's spring statement - key points you need to know as fuel duty and income tax cut
Rishi Sunak
Other measures include changes to employment allowance for small businesses
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Fuel duty cut by 5p per litre in Rishi Sunak's spring statement
Economic Development
Reduction will be implemented at 6pm tonight and will last until March 2023
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Full list of the 60 branches to be closed by Lloyds Banking Group impacting 124 jobs
Employment
Unite said the branch closures will 'rip the heart out of local communities'
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Spring Statement: Rishi Sunak expected to cut fuel duty as inflation surges
Economy
It is also anticipated the Chancellor will tell MPs that having a strong economy is vital in tackling Moscow’s aggression
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Inflation hits new high ahead of Chancellor's Spring Statement
Economy
The Consumer Price Index rose to 6.2% in February, the Office for National Statistics said
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NatWest to offer 'buy now pay later' option to customers
Retail
The bank said it would put safeguards in place to help make sure lending is affordable
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Horiba MIRA vehicle test site strikes deal with tech firm Ceres to build hydrogen power testing facility
Automotive
Multi-million pound agreement underlines Horiba MIRA's growing status as a 'premium provider of testing-as-a-service'
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Drivers paying 'ethnicity penalty' for car insurance, Citizens Advice investigation finds
Transport
On average, people from ethnic minority backgrounds paid £250 a year more than white people, the report has discovered
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Rightmove says º£½ÇÊÓÆµ average house price now at £350,000
property news
Sellers were typically asking £354,564 for a property in March
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Sales at Mowgli Street Food 'significantly' ahead of pre-pandemic levels
Restaurants
Mowgli Street Food was founded by Nisha Katona
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The list of º£½ÇÊÓÆµ companies taking on a four-day week
Employment
Companies are taking part in a º£½ÇÊÓÆµ-wide pilot of the 4-day week and if it works will be keeping it that way
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Ted Baker share price surges as US private equity firm Sycamore Partners mulls takeover
Retail & High Street
The New York investor has previously owned brands including Kurt Geiger and Nine West
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HSBC enters the metaverse after striking deal with The Sandbox
HSBC
The Hong Kong-based bank has bought a plot of digital land in the virtual gaming world for an undisclosed sum
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