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Enterprise

Yorkshire entrepreneur turns lockdown hobby into lucrative miniature model business
SMEs
Lee Robinson from Huddersfield has been building tiny houses, sheds and even chateaux since 2020
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Evri's 'boom in bedroom CEOs' sees parcel deliveries hit record high
By City AM
The parcel delivery company, which was acquired by private equity firm Apollo from Advent International in 2024 for £2.7bn, has revealed that its volumes increased by 11 per cent in the year to 1 March, 2025, to more than 807m.
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Shortlist announced for 2025 North East Business Awards
North East Business Awards
The event is this year celebrating its 25th anniversary in its current form
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CEO at former company of the year winner Nixon Hire steps down in leadership change
Appointments
Graham Nixon will step down and transition to the role of non-executive director
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Teesport owner PD Ports sells 49% stake in business to Spanish investment fund
Deals
Brookfield has agreed to sell almost half of PD Ports to Pontegadea, which was founded by one of the world's richest men
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North East economy gets £200m from British Business Bank funding in one year
Finance
It has supported 800 businesses across the region, with funding from the Bank expected to generate £400m in additional turnover
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'Oldest pier in º£½ÇÊÓƵ' put up for sale with Blackpool's tourism industry dealt fresh blow
By City AM
The Blackpool Pier Company has said it's made the decision to offload the North Pier in the seaside town "with a heavy heart" - the pier is the sixth oldest in the º£½ÇÊÓƵ
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Compass Group acquires Vermaat Groep for £1.3 billion to expand European presence
By City AM
Compass has agreed to acquire European food services business Vermaat Groep for €1.5bn (£1.3bn)
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Forest Green Rovers unveils vegan football kit in 'world first'
Business of Sport
The National League side says its strip for the 2025-26 season is 'pushing the boundaries on sustainability'
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British Business Bank backs 2,200 more South West firms
Finance
The state-owned lender has released its second Impact Report for the 2024-2025 financial year
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Flexjet: Private jet giant valued at £2.9bn after huge funding round
By City AM
The US-based company's latest funding round has been led by private equity giant L Catterton - which itself is backed by luxury group LVMH
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Newcastle Airport's 15-year masterplan includes longer runway and hundreds of new jobs
Transport
The airport wants to almost double its passenger numbers to nine million a year by 2040, which would see it contribute £1.9bn each year to the local economy
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Ofwat to be scrapped in biggest water industry overhaul in a generation
By City AM
The government has announced the abolition of Ofwat as part of a major shake-up of the water industry as it also vowed to "end the short-termism and broken business models" of water companies
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Sir Richard Branson-backed electric vehicle charging network cuts jobs as losses balloon
By City AM
Gridserve has reported a pre-tax loss of £82.7m for its latest financial year, according to new accounts filed with Companies House
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CEO of North East transport giant Go Ahead Group steps down
Appointments
The company has announced that Miguel Parras is set to pursue other opportunities
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RMT Technology to create new jobs after major office investment
Employment
The tech arm of RMT Accountants & Business Advisors has now moved into new offices
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Ryanair profit soars as it benefits from higher air fares and later Easter
By City AM
The low-cost carrier reported a four per cent increase in passenger numbers to 57.9m, at a load factor of 94 per cent
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Bristol council fails to complete sale of Bottle Yard Studios
Creative & Digital
The local authority has been in negotiations with its preferred bidder for three months
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'It lightens the topic a little' - meet the funeral director with a great range of 'alternative hearses'
West Midlands
Mortons has been serving Birmingham for over a century but now has a fleet of different hearses including a Land Rover and Mini
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BP names new chair after Helge Lund quits amid shareholder pressure
By City AM
The company announced plans in February to slash renewable energy investment and pivot back to oil and gas. Nearly a quarter of BP's shareholders opposed Lund's re-election at its annual general meeting in April
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Marketing agency launches new Wales operation
Marketing
West Midlands firm M3.agency is eyeing further growth with its latest expansion plans
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Celebrating Manchester’s media, digital and creative sector: shortlist for MPA Inspiration Awards 2025 revealed
Enterprise
Judges hail industry’s future talent ahead of prestigious October event
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People on the Move: new jobs and appointments in the North East
Enterprise
PervasID, Berghaus and Kani Payments are among those
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Northumbrian Water hits third year without serious pollution incidents
Environment
The North East firm was one of only two companies to avoid the most serious incidents as other firms saw their record get worse
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