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Enterprise
Leeds company AssetCool seals £10m investment deal to trigger new jobs
Deals
The new funding will enable it to scale globally and create new jobs
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All companies involved in four-day week trial decide to keep it
Employment
The latest pilot was launched last November and has been hailed a success
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Pennant completes sale of Staverton warehouses for £1.1m
Gloucestershire
The AIM-listed technology training firm launched its property disposal programme in September last year
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Former CBI Wales Ian Price takes up new chair role
Education
He has been appointed chair of governors at Gower College Swansea
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Welsh food processing industry 'incredibly depressed' Senedd committee told
Enterprise
Chief executive of the British Meat Processors’ Association, NIck Allen, said members were concerned about the direction of travel
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Vivergo boss highlights "great news" but consultation on closure still set to go ahead
Environment
The company is consulting on closing "in parallel" with efforts to save the plant
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Finance advisers say government policy 'unsupportive' of small businesses
By City AM
Financial advisers have slammed the government's policy on small and medium-sized businesses (SMEs) as unsupportive, as firms continue to suffer from economic pressures
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Sam Fender, Foo Fighters and Bruce Springsteen help bring £1.2bn tourism boost to North West
Entertainment
Music fans were able to see a wide range of artists in the North West last year, with the likes of Sam Fender, Chappell Roan and Foo Fighters all playing in the region
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Bristol Bears Rugby Club appoints new chief executive
Business of Sport
Tom Tainton was previously the Premiership side's chief operating officer
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HS2 labour supplier Hercules acquires Lancashire business in multimillion-pound deal
Deals
The acquisition marks Cirencester-headquartered Hercules' entry into the º£½ÇÊÓÆµ power and energy industry
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Eon º£½ÇÊÓÆµ sales fall by more than £800m as energy prices tumble
By City AM
The Coventry-headquartered division of the German group, has reported a turnover of £2.5bn for 2024, down from the £3.3bn it achieved in 2023
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Thomas Carroll Group strong financials in first year as employee-owned
Cardiff Capital Region
The Caerphilly headquartered business saw profits and revenues rise in 2024
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Ofgem approves £24bn investment to upgrade º£½ÇÊÓÆµ's energy networks
By City AM
The º£½ÇÊÓÆµ energy regulator has approved a £24bn investment to upgrade the º£½ÇÊÓÆµ\'s energy infrastructure, as part of the green transition.
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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 FES International, Arian EMS, Sayturk Group, Renwick Animal & Pet Cremation Services and Charles Grey Menswear
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Owner of Lindsey oil refinery owner Prax goes into administration
Insolvency and Administration
State Oil has appointed administrators and a winding up order has been made against three companies at the Prax site.
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Defence giant Babcock to relocate 2,000 workers from Devonport Royal Dockyard
Employment
The announcement has been welcomed by the leader of Plymouth City Council
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Village Hotels falls into the red in year of Blackstone takeover
By City AM
The Warrington-headquartered chain slumped to a pre-tax loss of £23.5m for 2024, according to new accounts filed with Companies House.
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Parkdean Resorts holiday park in Devon sold in multimillion-pound deal
Deals
Ruda Croyde has exchanged ownership after 23 years
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West Midlands set for '£20m boost' over bumper music and sporting weekend
West Midlands
Black Sabbath and test cricket will underpin start of huge month for region's visitor economy
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Tyneside tech firm Oak Engage sold to NorthEdge in multimillion-pound exit for Maven
Deals
Oak Engage has created an award-winning intranet solution which is used by blue chip clients including NatWest, Aldi, Burger King º£½ÇÊÓÆµ and Halfords
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Randox Covid-19 testing giant sees profits slump after making £200m
By City AM
The Department of Health awarded 22 contracts to Randox between January 2020 and December 2021 with a maximum value of £777m. The Northern Ireland-headquartered business has reported a pre-tax loss of £51.8m for the year
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Brits told to 'avoid' Lifetime ISAs as 'nonsensical' rules are costing savers money
By City AM
The Lifetime ISA has been criticised by the Treasury Select Committee who have called on Chancellor Rachel Reeves to overhaul the product as soon as possible
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The world's biggest ostomy bag production line unveiled in Cardiff
Cardiff Capital Region
Medical devices firm Eakin Healthcare has invested £9m in the new production line at its Cardiff operation
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10 questions for Shane Parkins of Climb & Conquer
People
The founder of the County Durham-based digital marketing agency answers our questions
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