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Taylor Wimpey shares fall as costs to fix combustible cladding hit profits
By City AM
The number of houses built in the first half of 2025 totalled 5,264, up from 4,728 last year, the company told markets this morning.
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Welsh taxi firm defeats tech giant Uber in the Supreme Court
Transport
Veezu has successfully challenged a Supreme Court appeal by Uber that would have seen taxi firms outside of London having to charge passengers VAT
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Esh Group hails jump in profits as it targets key sectors
North East
The construction group has undergone a fundamental refocussing in recent years with boss Andy Radcliffe saying it is now in a 'really good place'
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Law firm Slater and Gordon axes 150 jobs as it returns to profit
By City AM
The Manchester-headquartered business has reported a pre-tax profit of £5.9m for 2024, according to new accounts filed with Companies House.
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Shake-up plans for business support programme
West Midlands
The planned overhaul of Business Growth West Midlands will target fast-growing firms in sectors like advanced manufacturing and tech
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Supreme Court sides with Merseyside firm Delta against Uber in 'monumental' court battle over VAT on fares
Enterprise
The Supreme Court ruling concludes a long-running legal case
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Anglian Water agrees to £68m redress package for regulatory breaches, vows environmental improvements
By City AM
The water company, which serves over six million customers in the East of England, also failed to put in place "adequate processes" to identify and address emerging and present risk, Ofwat noted
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Camera giant Canon sees º£½ÇÊÓƵ losses almost triple as performance lags behind expectations
By City AM
Canon º£½ÇÊÓƵ has reported a pre-tax loss of £14.4m for the 12 months to 31 December 2024, according to new accounts filed with Companies House
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Auto Trader highlights shift to older cars in º£½ÇÊÓƵ due to economic uncertainty
By City AM
Auto Trader has said it has seen a 'standout trend' in 2025, with a "growing appetite for affordable used cars"
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East Coast Main Line train operators to run additional services from December
Transport
Lumo, Hull Trains and Grand Central will put on new services including trains between the capital and Hull, Newcastle and Glasgow
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Welsh firm thanks staff with three-day festival
Employment
Creditsafe organised a three-day festival for more than 300 staff in west Wales
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Regulatory boost for firm looking to build smaller nuclear power plant in South Wales
Energy
Last Energy has completed a preliminary design review (PDR) with º£½ÇÊÓƵ regulators
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Profit warnings issued by Midlands companies down
West Midlands
Small drop in the number of profit warnings issued by listed firms
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'We genuinely have a brilliant story to tell here': HIVE business network relaunches with new collaboration
North West
The new-look business network seeks to build on the success of the Youth Zone's thriving patron programme
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Solar farm plans on grey belt land in Lymm given go-ahead
North West
Lymm Community Energy's application came before Warrington Borough Council's development management committee on Thursday
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Mr McDonald's calls time on franchisee career
West Midlands
Doug Wright started out as a cleaner with the fast-food chain and built up an empire of 26 restaurants
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Shell's profits to suffer due to price volatility and weak chemical demand
By City AM
The FTSE 100 energy giant is set to report lower profits for the three months to June 30 as it continues to battle volatile oil prices and weak demand for chemicals
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LNER surpasses £1bn in revenue while reducing train cancellations
By City AM
The business, which is owned by the Department for Transport, has seen its revenue increase from £866.5m in the year to 31 March, 2025
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Wood Group likely to agree takeover by Middle Eastern firm Sidara
By City AM
The new wave of interest from abroad in snapping up º£½ÇÊÓƵ assets has continued, with engineering and consulting firm Wood Group likely to recommend a takeover by Middle East-based Sidara
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Tens of thousands of South West firms in 'significant' financial distress
SMEs
Volatile consumer spending and tax rises are putting pressure on businesses across the region, the Begbies Traynor report found
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Venture capital investment in South West start-ups rises, bucking º£½ÇÊÓƵ-wide slowdown
Finance
A total of 21 investments were agreed in the second quarter, according to the research by KPMG
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Transport giant Arriva sees sales reach €2.46bn in year it was acquired by US investors
Transport
The Sunderland based group now has a workforce of more than 36,200 people in 11 countries around Europe
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Trio of North East companies secure places on latest TIGGOR programme
Climate Agenda
SeaThor, Pulcea and Kinewell will receive a share of £600,000 as well as support from industry mentors
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Record number of º£½ÇÊÓƵ farms close as inheritance tax change sparks backlash
By City AM
More than 6,300 farms, forestry and fishing businesses have closed in the past year, according to official data, the highest number since records began in 2017
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