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Heathrow tables 'shovel ready' plans for new third runway after rival bid submitted
By City AM
The airport said it had submitted "shovel-ready" plans for a privately financed runway ahead of the Department for Transport's deadline on Thursday, which it said would clear the way for flights to take off within a decade
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People on the move: key North East appointments and promotions
People
Companies making new appointments include Atom Bank, Grainger plc, ramarketing, Bradley Hall and Hay & Kilner
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Swindon's 'amazing' businesswomen shaped º£½ÇÊÓƵ government plans, says Starmer
Women
The Prime Minister was speaking at an event at the Workshed – a redeveloped section of the GWR Carriageworks in central Swindon
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North West welcomes PM's late payments clampdown
Enterprise
Small Business Plan includes finance pledges and push to tackle late payments
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Anglo American provides update on slowed down work at Woodsmith Mine
Enterprise
Anglo American says there has been progress despite scaling down of investment in the site and pause on some activities which sparked hundreds of job losses on Teesside
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FTSE 250 firm Just Group agrees to be bought by Canadian asset manager in £2.4bn deal
By City AM
Just Group, which is part of the FTSE 250, has agreed to be bought by Canadian asset manager Brookfield Wealth Solutions in a deal worth around £2.4bn
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Nutritional drinks venture of former Welsh footballer Hal Robson-Kanu in £15m investment boost
Deals
Scottish drinks giant AG Barr has taken a majority stake in Innate-Essence
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Anglo American revenue takes hit as Donald Trump's trade war dents turnover
By City AM
The FTSE 100 giant, which is ramping up its focus on copper, has not been immune to the threat of US President Donald Trump's tariffs on all commodities including the red metal
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Schroders assets under management remain stable after weak performance
By City AM
Schroders have made changes that are part of the firm's three-year plan to save £150m and return to profitable growth
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Newcastle graduates' decarbonisation business gets Foundership award
SMEs
Tribe Solutions was founded by Newcastle University graduates Richard Airey and Sean Jobling
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Global gold demand remains 'robust' as investors flock to 'tax efficient' asset
By City AM
The precious metal rallied over the first half of the year, recording a 26 per cent rise against the dollar and outperforming almost all other major asset classes
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Heathrow: Billionaire launches rival bid to run airport's third runway expansion
By City AM
The Arora Group, which owns a number of hotels around the west London hub, has confirmed it will table a bid to run the £21bn project against the airport's current operators
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North East jobs saved amid demise of energy efficiency specialist Cenergist
Insolvency and Administration
Managers of the firm's water division have acquired parts of the business
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Shell posts 32% hit to earnings in second quarter amid volatile oil and gas prices
By City AM
The London-listed oil major recorded $4.26bn (£3.21bn) marking a 32 per cent fall from the second quarter of 2024, where the firm pocketed $6.29bn.
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Historic wholesaler Smiths News appoints new finance chief
Appointments
Richard Clay is expected to join the Swindon-based business no later than the end of January next year
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Fintel boosts revenue and earnings amid growth of its Defaqto business
Enterprise
Bosses said they were confident for the remainder of the year
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Unilever profits fall as sales grow ahead of ice cream arm demerger
By City AM
Turnover at the consumer goods giant, which owns brands such as Dove, Colman's and Persil, was €30.1bn
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Drax Group says Government biomass deal to come later this year as profits dip
Enterprise
The power generator has also extended a share buyback programme by £450m
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10 questions for David Broom of B7
People
The managing director of the Tyneside marketing agency answers our questions
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Birmingham City owner completes investment in Phoenix cricket team
West Midlands
Knighthead Capital Management has taken a 49 per cent stake in the team which plans in The Hundred competition
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Smart Pension backs South Wales ground heat pump network project
Energy
Smart Pension has announced a £330m investment in green energy projects
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Contractor appointed to revamp Porthcawl's iconic Grand Pavilion
property news
Swansea-based Andrew Scott will revive the 1930s Art Deco building
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º£½ÇÊÓƵ construction firms in financial distress amid struggle to build 1.5m homes
By City AM
The number of construction firms in critical distress has risen despite heavy pressure on the sector to deliver more homes - and experts warn the º£½ÇÊÓƵ is still struggling to build 1.5million homes
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Revenue and profits on the rise at Hargreaves Services driven by earthmoving works
Company Results
The group's metal recycling joint venture in Germany had also seen a turnaround in performance
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