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Wizz Air shares crash as budget airline's profits nosedive amid ongoing problems
By City AM
The Hungarian budget airline said its results for the year to March 31 had been impacted by the "continued grounding of a substantial portion of the group's aircraft fleet"
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Mitie in 拢366m offer for Lord Ashcroft-founded firm as revenue soars
By City AM
The FTSE 250 firm said the takeover of the AIM-listed testing and inspection group would deliver 拢30m of cost synergies as part of its full-year results today
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'At most one new operator' can move in to East London Eurostar depot
By City AM
The Office of Rail and Road (ORR) has been assessing capacity at Temple Mills International depot after Eurostar claimed it was "basically full"
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North East business life: community, charity and award events of the week
People
Companies and organisations featuring in this week's round-up include Rezon, The Banks Group, Newcastle Theatre Royal and Lichfields
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Babcock shares soar to highest price in more than a decade after doubling in 2025
By City AM
The FTSE 100 engineering services giant has seen its share price rise by more than 100% this year alone
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Rix Group to revive Atlas Leisure Homes name following purchase out of administration
Deals
Atlas went into administration in March having expanded in recent years
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Holiday letting business Classic Cottages adds 55 more properties to portfolio with acquisition
Deals
The South West-headquartered company now manages more than 1,400 cottages around the 海角视频
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Inspecs founder warns over tariff 'uncertainty' as he steps down
South West
Robin Totterman established the Bath-based eyewear business in 1988
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Housebuilder MJ Gleeson issues profit warning as shares plummet
By City AM
MJ Gleeson has warned that its profit will take a hit this year after sluggish housing market recovery and the collapse of a land sale in Yorkshire.
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British American Tobacco says US business has returned to growth
By City AM
In a trading update, the company said its combustible products - cigarettes and cigars - are expected to return to growth in the first half of the year
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Gleeson lowers profit expectations as market recovery not enough to offset headwinds
Housing
A major land sale is now unlikely to go ahead, the Sheffield company said
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Auto Trader's financial outlook dims as City brokers issue downgrades following weak results
By City AM
Auto Trader's full-year results last week have caused two City brokers to downgrade their forecasts for the FTSE 100 company, with one also cutting its price target
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Private hospital admissions in Wales at an all time high
Health
The Private Healthcare Information Network has released numbers for 2024
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Walsall FC sign new stadium naming rights deal
West Midlands
Club's home will be The Pallet-Track Bescot Stadium from next season
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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 Kromek, Filtronic, JH Partners, Castle Eden Brewery, The Pharmacist Network, Hadrian Healthcare, Magnitude Biosciences and Arriva
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North East AI startup Literal Labs secures 拢4.6m investment from Northern Gritstone
Technology
The deal is Northern Gritstone's first investment into a Newcastle University-linked company
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Business births in Wales exceed deaths show new ONS data
Economy
The percentage of single site firms in Wales reporting a rise in revenues was also the highest of any 海角视频 nation or region
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FTSE 100 defence stocks: BAE Systems, Rolls-Royce and Babcock shares surge
By City AM
Shares in Babcock have jumped by more than seven per cent so far today to pass the 1,000p mark for the first time since the end of September 2016, while BAE Systems has seen a rise in its share price by almost two per cent
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Lumo to add new trains from London to North West and Scotland
Transport
The open access operator will provide services between London, Milton Keynes, Preston, Carlisle and Stirling
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Cornwall farm reports surge in demand for sustainable meat
Food and Drink
Treway Farm's sustainable methods were recently recognised at the Great Cornish Food Awards
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Number of Welsh firms with overdue invoices at more than two year high
Enterprise
R3 has published new data for April
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Buyout for Devon dealership group
South West
County Garage has been acquired by Vospers
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Healthcare group Scrivens boosts South West presence with latest acquisition
Deals
The business has snapped up a hearing care facility which was formerly occupied by CHIME
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Entries open for celebration of West Midlands tourism
West Midlands
Sixth annual awards will recognise excellence across 17 categories including a new one for outstanding contribution
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