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Enterprise

Buyout deal for logistics firm
West Midlands
Worcestershire outfit Avon Freight has joined Irish group
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Wealthier households could be forced to pay more for their energy bills, says Ofgem
Enterprise
Jonathan Brearley, the boss of the energy regulator, said that people who are out of work or on lower pay would be given a discount
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AA reports profits boost as it marks 'breakout year' since private equity takeover
By City AM
The breakdown giant said it has helped with 3.5m breakdowns in 2025
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North East suppliers sought for landmark £10bn data centre project
SMEs
US developer QTS has opened registration for firms that could take contracts its major Northumberland scheme
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Former Unilever boss calls for business leaders to think 'net positive', as he opens new Durham University Business School facility
Education
Paul Polman helped to launch Durham University Business School’s new Waterside building
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North East business life: charity, community and award events of the week
People
Companies and organisations featuring in this week's round-up include J T Dove and CHUF, the Great North Air Ambulance Service and HMH Civils, Woodlands Hospital, Surge Marketing, GMI Construction, Universal Tankers, BTS Fabrications, Husqvarna, Miller Homes Teesside, Gentoo and Agnese France Physiotherapy, Jewson, Burton Roofing, Group Tegula and Allscaff, and Rezon
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Gold price smashes through $3,300 for the first time in history as trust in US bonds collapses
By City AM
Gold has broken through the $3,300 barrier for the first time on record, as investors increasingly abandon US government bonds and turn to the precious metal as a safe haven
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PDG Aviation Services expands º£½ÇÊÓƵ footprint with buyout deal
West Midlands
Scottish inspection specialist has acquired Worcestershire firm
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Business awards for young professionals opens for entries
West Midlands
Future Faces returns again as chamber group welcomes new president
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º£½ÇÊÓƵ Government announce preferred new permanent chair of Welsh language channel S4C
Enterprise
The former journalist is the º£½ÇÊÓƵ Government's preferred candidate
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Plans for one of the biggest battery storage projects in the º£½ÇÊÓƵ backed by Cardiff Capital Region
Cardiff Capital Region
Simec Atlantis Energy has secured a £8.5m loan from the city region for the first of three battery storage facilities at its Uskmouth Sustainable Energy Park.
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Bunzl shares plunge after FTSE 100 giant slashes 2025 forecast
By City AM
The distribution titan said revenue grew just 2.6% at constant currency, but adjusted operating profit dropped significantly year on year – driven by a squeeze on margins in both North America and Continental Europe
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Mitie Group warns of £50m NIC hit as it unveils share buyback
By City AM
The outsourcing group, which provides a range of services from cleaning to security, said the NICs increase will lead to a one-off hit to its retained earnings of around £50m in 2024
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North Sea engineer Hunting reports minimal impact from Trump's tariffs
By City AM
The London-listed firm cautioned its forecast was before taking into account "any indirect impact" of commodity pricing on the global economy
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Trainline poised for continued º£½ÇÊÓƵ market growth, UBS analysis suggests amid competition fears
By City AM
Shares in the ticketing platform have fallen 32% this year amid concerns about the impact of the government's proposed national rail ticketing platform
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Dorset property finance firm appoints new chief executive
Appointments
He has previously worked for major banks including NatWest and Westpac New Zealand
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Wigan water treatment firm acquired by expanding Scottish group
Enterprise
Cleartech buys ECB (Water Solutions) as it expands into North West
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Inicio AI secures £2.6m funding round
West Midlands
Company is planning to use fresh injection of capital to expand product range and make new hires
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Unemployment and economic inactivity increase in the North East
Enterprise
The new figures from the Office for National Statistics show that the region has the lowest proportion of people in work in the º£½ÇÊÓƵ
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Firstgroup's rail division trading 'ahead of expectations' despite government reforms
By City AM
The London-listed group said on Tuesday that revenues in its º£½ÇÊÓƵ rail division were set to be ahead of expectations during the six months to March 31, with fees from the DfT's contracted train operators higher than previously forecast.
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Plans for major wind farm near Cwmbran move a step closer
Environment
RES said its planned wind farm Mynydd Maen Wind Farm near Cwmbran would have an £26m economic impact from its constuction
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Durham tech firm PervasID seals £200,000 investment to accelerate US growth plans
Deals
The investment from Maven Cognition marks another milestone in its global growth strategy.
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º£½ÇÊÓƵ entrepreneurs pack their bags as soaring costs and red tape force them to flee
By City AM
Nearly two in five owners of small and medium-sized firms have either left the º£½ÇÊÓƵ or are considering an imminent departure according to fresh data
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Bristol baby bank among organisations to receive support from 'fantastic' scheme
Finance
The Bristol Local Access Programme provides finance to minority-led social enterprises
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