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Enterprise

Brand agency switches to employee ownership
West Midlands
Wyatt International is the latest company to move to the model which sees staff own the company
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Number of firms in distress soars amid ‘debt storm’ worries
Insolvency and Administration
Latest Red Flag alert found 47,477 firms were in critical financial distress
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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 Trinity Kitchens, Filtronic, Kromek, Coquet Cottages and Palintest
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Sage teams up with Career Returners in moves to help 'economically inactive' back to work
Employment
A launch event for Sage Career Returners Programme takes place online this week
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42,000 South West start-ups launched in 2023
Economy
Many of these new ventures are micro and small businesses owned and run by local people
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Bridgend firm Brickability acquires facade and roofing contractor in an up to £48m deal
Enterprise
Since listing on AIM in 2019 construction materials distributers has acquired 14 businesses
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RE:GEN Group hungry for further growth after more than doubling turnover
property news
The North East regeneration firm has promised another successful year in 2024
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Gloucestershire pump supplier appoints new managing director
Appointments
Luke Beattie previously worked for Wessex Water for 18 years and has moved across from Northavon Water and HydroVein
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Giving nature a voice: Patagonia and Stockport schoolwear firm One + All on how to do business better
Climate Agenda
I went to the Better Business Summit to hear how companies are empowering their staff
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North East business life: charity, community and award events of the week
People
Organisations featuring in this week's round-up include Hays Travel, Metrocentre, TT2, The Bernicia Foundation and the North East Automotive Alliance
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Cornish Metals announces plans for tin mine project in 2024
South West
The AIM-listed company is working to revive production at the South Crofty mine near Redruth
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Co-op deal for Birmingham healthcare manufacturer
West Midlands
Rem3dy Health has struck a deal which will see its products stocked in 92 stores
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10 questions for Satpal Pandal of Savage Silk
People
The partner in the Newcastle-based law firm answers our questions
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New chapter for training provider after MBO
West Midlands
Performance Through People has been bought out by its management team almost four years after a previous acquisition deal
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Biotechnology firm Advetec appoints new chief executive
Appointments
The company turns unrecyclable waste into solid recovered fuel and counts the Royal Caribbean Group and The Mall at Cribbs Causeway among its clients
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Holiday boom helps Hays Travel double transactions to top £2bn
Retail & High Street
The firm expects 2024 to be a strong year too, aided by a surge in cruises as well as more capacity with the likes of Jet2 Holidays, Tui and easyJet Holidays
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Bluestone holiday resort investing in its own solar farm
Deals
The investment is being supported with a multi-million-pound syndicated loan from Barclays and the Development Bank of Wales
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West Midlands businesses offered help to go green
West Midlands
£24m in new funding has been made available to companies across the region looking to save capital via green initiatives
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Drax wins permission for carbon capture at Britain's largest power plant
Energy
The company operates the º£½ÇÊÓƵ's largest power plant
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Aira lands £125m from top global investors amid drive to decarbonise º£½ÇÊÓƵ homes
Environment
A series of investors have given their backing to the Swedish firm which entered the º£½ÇÊÓƵ market via the acquisition of a Yorkshire firm last year
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BT renew sponsorship deal with the four Welsh rugby regions
BT
The deal for the current 2023-24 extends the commercial relationship to a decade
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Australian retailer chooses Merry Hill for England debut
Andy Street
Harvey Norman set to create at least 100 jobs in the region with new store launch and further investment planned
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West Midlands economy ends 2023 with regained growth momentum - report
NatWest
With sales prospects coming to fruition and demand conditions remaining resilient, new orders rose at the quickest pace in six months, NatWest said
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North East deals of the week: key acquisitions, contracts and investments
Deals
Companies featuring in this week's round-up include Sweetdreams, Hays Travel, Mowgli, MCM Group, Global Maritime, Kromek and Mammoth
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