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Enterprise

Industry award for Long Eaton Appliance Company
East Midlands
Designer has been recognised as the best large independent retailer
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Taylor Wimpey profits hit as housebuilder looks to new government for support
By City AM
The interim numbers, which come just a day after Angela Rayner laid out a set of reforms to increase the number of new homes being built in the º£½ÇÊÓƵ, revealed a hefty dent to operating profit at the firm
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City star Debra Stephenson to headline returning Hull and East Yorkshire Business Awards
Events
Business excellence the focus for former ‘Bad Girl’ as stand-up slot to set the tone for success
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Rio Tinto profit edges higher as miner's attention turns to copper takeover
By City AM
The group's copper production is on track to grow about two per cent this year, and it aims to deliver a three per cent growth in the field annually until 2028, it said in its interim results.
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Wizz Air defends against Which? claims, citing 'misleading' worst airline rating
By City AM
Wizz Air has been named the worst airline in the º£½ÇÊÓƵ for customer service in a report by Which? - but the budget carrier has hit back at the claims
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North East firms reveal boost in confidence and hiring intentions
SMEs
More of firms expect to increase their workforces over the next year
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Labour's new º£½ÇÊÓƵ planning reforms aim to tackle housing crisis with green belt review
By City AM
Under new proposals, local authorities will be given mandatory housing targets to help "pave the way" to deliver 1.5m homes over the course of the parliament, the government said
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BP beats expectations with profit hike and dividend increase
By City AM
The oil major posted underlying replacement profit - a sign of the firm's profit were it not for unexpected or unusual expenses - of $2.8bn, beating analyst expectations of $2.6bn.
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Council wants more SMEs to bid for contracts
Labour Party
Torfaen cabinet member acknowledges SMEs face 'barriers'
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Good Energy granted exemption from price cap by Ofgem
Energy
The renewables supplier said it provided 'extensive evidence' to the energy watchdog ahead of the decision
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Building contractor expands into South West and plans to open new office
Construction
Inco Contracts said it was currently considering three locations
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The WRU's accounts explained in detail amid £14m loss and cost-cutting plan
Wales
Richard Collier-Keywood also said he was 'acutely aware' of the public backlash to the union's handling of the departure of former head coach Wayne Pivac and his team
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North East deals of the week: key contracts, investments and acquisitions
Deals
Companies featuring in this week's round-up include Autoservice, Smart Media Group, Nissan, TechnipFMC and Grainger Plc
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Chancellor Rachel Reeves outlines spending cuts to tackle £22bn public finance deficit
By City AM
The Chancellor said it was "unforgivable" that the previous government had "spent like there's no tomorrow" and vowed to take "difficult decisions" to address the situation
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Tyneside childcare company Leigh's Nurseries snapped up by Kids Planet in undisclosed deal
Deals
The Newcastle business operates a trio of nurseries employing more than 80 staff
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Ladbrokes owner Entain sees US division surpass $1bn in revenue in first half of year
By City AM
The FTSE 100 group's aggressive marketing push in the US helped the gambling firm's American division to bring in over a billion dollars (£780m) of revenue in the first half of the year.
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Ofgem pushes ahead with plans to increase flexibility in the energy system
By City AM
The energy regulator has confirmed that Elexon will be a 'market facilitator' for local energy flexibility
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Newcastle life sciences firm SkinBioTherapeutics sees sales growth following key acquisition
Company Results
The Newcastle Helix based life sciences firm says full year trading has been better than expected
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Evri to create 9,000 jobs in hiring spree following US takeover
By City AM
The º£½ÇÊÓƵ's largest parcel delivery company will employ 8,000 additional couriers, alongside 1,000 warehouse and supporting roles this year. Key areas for the hiring spree include Scotland, Bury St Edmunds, Plymouth and Gatwick
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Rothschild-backed private equity fund raises £225m to invest in tech firms
By City AM
The new fund, Kennet VI, has already begun to deploy capital, including in Screendragon in Ireland and the º£½ÇÊÓƵ, which makes workflow management software, and Fluid Topics in France, an AI content delivery platform
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FCA heralds 'critically important' stock market rule change to revive IPO market
By City AM
The FCA has announced plans for a long-awaited prospectus overhaul which will look to reduce the administrative burden on listed companies looking to raise money
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Chancellor Rachel Reeves to confirm Budget date and warn of 'difficult decisions'
By City AM
The Chancellor is expected to announce a slew of new measures which will involve spending cuts "within the financial year".
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Average house price in Wales rises for first time since 2022
Housing
The average house price in the second quarter of this year was up 3.1% shows latest research from Principality Building Society
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Paris Olympics 2024: Bristol event production company to light up 29 venues during games
Business of Sport
The company said it was filled with 'immense pride' at being selected as an official supporter of the games
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