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The Welsh eco-friendly solid soap dispenser firm backed by Dragons' Den investors
Dragons Den
Monmouthshire-based Snoap secured a joint investment from Dragons Deborah Meaden and Peter Jones
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Liverpool FC spends second season in the red amid soaring expenses
Business of Sport
The club saw a £38m drop in its media revenue, latest accounts have shown
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10 questions for Olivia Lockey of Northside Farm
People
The co-owner of the Northumberland wedding venue answers our questions
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GB News suffers huge loss despite doubling revenue and growing audience
By City AM
The TV channel, whose well-known presenters include Reform º£½ÇÊÓƵ leader Nigel Farage, fell to a pre-tax loss of £33.4m in the year to 31 May, 2024
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Rightmove boosts dividends, forecasts strong growth amid º£½ÇÊÓƵ housing market recovery
By City AM
The property portal unveiled a 6.1p per share dividend in its full-year results on Friday, up five per cent and taking the total payout to 9.8p
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British Airways owner IAG's profits soar as share buyback announced
By City AM
International Consolidated Airlines Group (IAG), which also owns airlines including Aer Lingus and Iberia, reported operating profit of €4.3bn (£3.6bn) in 2024
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Bristol Chamber and Initiative appoints new president
Appointments
He will hold his first address at the Bristol Initiative’s West of England Metro Mayor Hustings next month
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Workplace wellbeing expert wins chamber's top award
West Midlands
The Listening Centre is crowned business of the year at the annual Greater Birmingham Chamber Awards held last night
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EG Group grows underlying profits thanks to US and European performance
Company Results
CEO Mohsin Issa said the group had reduced debt by sales of non-core businesses
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Plans for ten wind farms across Wales secures £600m funding boost
Ed Miliband
The project includes Twyn Hywel which has already been approved and nine more wind farms are still awaiting planning permission, forming part of a £3bn onshore wind portfolio
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Serco reports 10% jump in operating profit despite £115m charge
By City AM
The global provider of public services ended 2024 with a record pipeline of potential new work worth £11.2bn, up 11 per cent from the previous year, and a 10 per cent rise in underlying operating profit.
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Loyalty reward scheme start-up acquired by global software giant in mega deal
Deals
Lux Rewards was established after business student James Courtney won a competition at the University of Bath
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Northumberland's Energy Central Campus signs up JDR Cables as key supporter
Skills and Apprenticeships
The project in Blyth is aiming to help create the next generation of workers for the North East's offshore sector
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Profits fall at Drax as it warns lack of certainty is holding back clean power
Climate Agenda
The renewable power generator says it is still waiting on clarity from Government to pursue massive carbon capture plan in North Yorkshire
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North East business life: award, community and charity events of the week
People
Companies featuring in this week's round-up include Hays Travel, Malhotra Group, Newcastle Building Society, Innside Newcastle hotel and Baltic
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Keir Starmer's three per cent defence pledge will require 'tough choices' on tax
By City AM
Keir Starmer's commitment to increase the defence budget to three per cent of GDP in the next parliament will require difficult choices on tax and spending, analysts have warned
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Hikma Pharmaceuticals' revenue grows nine per cent to £2.47bn as profit booms
By City AM
The pharmaceutical company said the bulk of its growth came from its North American arm as well as recent product launches
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BP to splash £7.9bn on fossil fuel spending and slash green energy investment
By City AM
The British oil major committed to spending more on oil and gas exploration and production, and to selling $20 billion of under-performing assets in a major strategic overhaul.
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Morgan Sindall issues dividend hike as annual revenue hits record
By City AM
The construction and regeneration group has hailed a record year as it posted fiscal 2024 results
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London Heathrow announces first dividend since pandemic following ownership change
By City AM
The London airport has agreed to pay its new owners a £250m dividend in the coming weeks, the first since before the pandemic
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Harry Styles' music companies at risk of being forcibly shut down
By City AM
Erskine Records, HSA Publishing and Pleased As Holdings, all of which are owned by pop star Harry Styles, have been served with three first gazette notices for compulsory strike off by Companies House after they failed to file their accounts on time
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FTSE 100 firms making progress towards gender equality as nearly half board seats go to women
By City AM
The latest FTSE Women Leaders Review found that 44.7 per cent of board seats are held by women, up from 39.7 per cent in 2021 and almost 10 per cent in 2011
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Gatwick expansion 'rationale not impacted by Heathrow third runway' aviation regulator says
By City AM
The Civil Aviation Authority (CAA) has put its weight behind Gatwick Airport's proposals for a second runway
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Unilever CEO Hein Schumacher quits after less than two years in role
By City AM
Hein Schumacher has resigned as the boss of consumer goods giant Unilever after less than two years in the role, as the company pushes ahead with its cost-cutting plan.
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