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Enterprise

Faster decision-making could unlock £500m a year for South West firms
Economy
Companies blamed uncertainty around available options for the speed and quality of decisions
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Port of Milford Haven posts strong financial results
Wales
The port continues to invest in infrastructure and recruit new staff
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Bristol aerospace company competing to replace RAF Red Arrows jet enters administration
Insolvency and Administration
Some 30 staff at Aeralis near the M5 in Almondsbury have lost their jobs
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Never sit still: Agent's Paul Corcoran on AI, the four-day week and surviving 20 years in business
Creative & Digital
North West marketing business was one of the first to move into emerging Baltic Triangle regeneration zone
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Sunday Times Rich List 2026: Sir James Dyson tops South West rankings
Finance
The annual survey charts the finances of the 350 wealthiest people in the º£½ÇÊÓƵ
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Richest people in Wales named on Sunday Times Rich List
Enterprise
They are worth more than a staggering £13bn between them
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North West rich list: Sir Jim Ratcliffe’s wealth falls as Gallagher brothers soar
North West
Sunday Times Rich List says Home Bargains family saw wealth rise again
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SmartestEnergy agrees 20-year supply contract with major windfarm in South Wales
Deals
It will be supplied with energy from Bute Energy's Twyn Energy Park
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Caerphilly Council sells solar farm to Fuse Energy
Deals
The Cwm Ifor Solar Farm is expected generating clean power at the end of the year
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Reds10 Group takes stake in Hull steel fabrication firm ESL Fabrication Engineers
Deals
Hull steel fabrication business ESL Fabrication Engineers has been partially acquired by the Driffield-based offsite modular construction group
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Bristol defence tech firm to create 500 jobs after securing £25m investment
Armed Forces
Rowden's technology is used by major organisations including the MoD and NATO
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Babcock shares rise as FTSE 100 firm takes £140m hit on profit
Company Results
The defence giant reported a 20 per cent drop in headline profit for the 2026 financial year
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British Steel nationalisation: Government moves on Scunthorpe steelworks future
Enterprise
The Government is set to introduce legislation this week that will allow it to take control of the steelmaker, 38 years since it was first privatised, protecting thousands of Scunthorpe jobs.
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The best in HR and people development in Wales revealed
Wales
The winners of the 2026 of HR in Wales Award have been revealed
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Scarlets Rugby extends sponsorship tie-up with food wholesaler Castell Howell
Deals
Castell Howell was formed by Scarlets director Brian Jones on his farm in 1988
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Newcastle's Black and White Engineering reports strong year of growth
Company Results
The global data centre specialist says demand is expected to continue in its key market
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People on the move: key North East appointments and promotions of the week
People
Companies and organisations featuring in this week's round up include: Swinburne Maddison, the Civil Engineering Contractors Association North East, British Esports, Knight Frank and Energy Solicitors
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Reckitt job cuts confirmed at Hull facility
Enterprise
The household products giant has not confirmed how many roles will be affected by the changes to its global research and development organisation
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Hull firm Reds10 invests in nearby steel fabrication group ESL Fabrication Engineers
Enterprise
Reds10 said the move would add to its strengths in the industrialised construction centre
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Expanding hotel chain Travelodge confirms new hotel in Bridgend
Wales
The empty office Waterton House building will be converted into a new hotel
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Work starts on Hull Debenhams conversion as DBG Group begins £75m city centre regeneration
property news
The former Debenhams department store on Prospect Street has stood empty for five years - but work has now begun to transform the building into 178 new Hull city centre apartments
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University of Bristol spin-out raises £3.2m to develop red blood cell therapies to treat diseases
Bristol
Scarlet Therapeutics will initially target multiple metabolic diseases
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British Gas owner buys Welsh gas-fired power station for £370m
Energy
It has acquired Severn power station in Newport
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Chambers Wales appoints new president
Appointments
Partner with Menzies based in Cardiff John Cullen takes up the presidency role
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