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Enterprise
British Gas owner sells 46.25% of North Sea gas field stake to Ithaca Energy, boosting shares
By City AM
The deal will see Spirit Energy - a subsidiary of Centrica - offload its 46.25% stake in the site for around £215m to Ithaca Energy
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Smiths Group shares rise as it posts strong third quarter revenue growth
By City AM
The FTSE 100 engineering group said it was on track with its demerger plans
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Persimmon plans for 174 new homes scheme in Caerphilly
Enterprise
It has acquired a 12 acre site at Virginia Park
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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 Vaulkhard Group, Southbay Civil Engineering, Modo Bloc and Develop North, Tekmar Group, Filtronic, and LS Eco Advanced Cables Ltd.
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Mallows Bottling diversifies with new squash production line
Enterprise
The Llantrisant-based business has reported a period of strong growth
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National Express owner's new boss faces uphill battle to turn the coach operator around
By City AM
Mobico said new chair Phil White, who took on the role in February, is leading a "large-scale, complex" turnaround of the º£½ÇÊÓÆµ business, which will involve "significant investment" in the coach operator
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Welsh private output contracts further shows new NatWest research
NatWest
The fall in output in April was the steepest since last November
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New £170m insulation factory in North Wales to create 140 jobs
Enterprise
The hi-tech plant will be a º£½ÇÊÓÆµ first for a new type of electric furnace
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Leeds' Quality Bearings Online secures £500k investment to target South America
Industrial
Three jobs have been created by the global exporter as it has set up a new division to target the defence, aerospace and advanced engineering sectors
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Fire Seals Direct targets tripling revenues at larger Ystrad Mynach base
Enterprise
The family run firm has moved from Caerphilly to a new 30,000 sq ft operation
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Ofwat offers 'capped liabilities' to investors as it seeks £50bn for water upgrades
By City AM
The water regulator is looking for more than £50bn from investors to upgrade the º£½ÇÊÓÆµ's second-rate water infrastructure as the National Audit Office (NAO) has said it would take 700 years at the current rate to complete the essential upgrades
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Org Group expands global footprint with acquisition of tech recruitment firm Venturi
By City AM
The acquisition bolsters the group's growing portfolio, adding Venturi's tech expertise to a business that already includes global talent from Morgan McKinley, business process outsourcing provider Abtran, and advisory and technology arm Org Advisory.
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10 questions for Alex Knight of Stemazing
People
The founder of North East-based social enterprise answers our questions
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The eight richest people from Wales
Wales
The Sunday Times Rich List for 2025 has been published.
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Future maintains profit margins despite revenue decline, announces new £55m buyback programme
By City AM
The media platform, which owns Go.compare, reported a three per cent drop in revenue in the six months to 31 March
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Manchester United’s Sir Jim Ratcliffe still North West’s richest man as young entrepreneurs join Sunday Times Rich ListÂ
North West
Retail entrepreneurs on famous list include 'richest person in Liverpool history'
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JCB and Gymshark owners still among º£½ÇÊÓÆµ's wealthiest
West Midlands
Annual Sunday Times Rich List is published online today and once again features Lord Bamford and Ben Francis on its countdown
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Hull's GEV Wind Power acquired by compliance and safety group Certek
Deals
Founder David Fletcher said Certek's backing will help GEV increase its support for clients
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North West insolvency activity outpaces rest of º£½ÇÊÓÆµ as high costs ‘pushing many firms to the brink’Â
Professional Services
Warning firms in hospitality sector are being particularly hard hit
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Amity Brew Co secures £150k funding amid brewery expansion
Food and Drink
Founder Rich Degnan says the label hopes to reach a much wider customer base
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West Midlands firms see modest decline in new business - report
West Midlands
The latest NatWest Regional Growth Tracker also showed further reductions in output and jobs
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United Utilities' profit jumps significantly ahead of water bill hikes
By City AM
The Warrington-headquartered firm, which serves customers in the North West of England, has also proposed an increase to its final dividend of 4.2 per cent to 34.6p.
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Housing association Beacon Cymru Group to build 500 new homes
Housing
It has secured a £115m new lending facility from NatWest to deliver the new homes as well as improving the energy efficiency of its existing housing portfolio
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TV production firm Cwmni Da launches new drama hub
Appointments
The Caernarfon-based firm has appointed director and actor Martin Thomas to head up its new venture
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