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Enterprise

South West pub and brewery group Liberation rebrands
Food and Drink
The Jersey-headquartered business is the parent company of West Country brewery Butcombe
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Washington energy recruiters Visuna set to post record £80m turnover
Company Results
Having spent two decades under the name Oil Consultants LTD, the firm rebranded to Visuna two years ago
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North East deals of the week: key contracts, acquisitions and investments
Deals
Companies featuring in this week's round-up include Wingrove Motor Company, Wordnerds, Lycetts, Crystal & Son, BeamXR, H2CHP and JDR Cables.
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Coffi Lab brewing up major expansion on £1.7m investment
Deals
The Cardiff headquartered coffee shop chain has been backed by the Development Bank of Wales
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º£½ÇÊÓƵ companies cut jobs at fastest rate in nearly 4 years as firms respond to Budget tax changes
By City AM
The latest S&P Global Flash º£½ÇÊÓƵ Purchasing Managers’ Index (PMI) found that while the headline figure for business confidence was unchanged from November, thanks to a marginal increase in business activity, other areas of the economy saw a sharp drop-off
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Persimmon chief warns of 'billions in extra costs' for housebuilders
By City AM
Dean Finch has said that the government's new cladding levy will cost housebuilders 'billions', and will be a major burden on the sector at a time when the government wants to boost building volumes
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Cardiff microwave factory of Panasonic will generate all its power needs from renewables
Environment
The investment in renewables is a first for the Japanese firm in Europe under its Panasonic HX initiative
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Pulse Clean Energy unveils new battery storage facility in Aberdare as part of £175m investment
Enterprise
It forms part of a £175m investment and will be able to power nearly 50,000 homes for two hours
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Subsea firms call on Government to build confidence through industrial strategy
Engineering
Industry body the Global Underwater Hub has voiced concerns that export opportunities could ultimately lead to domestic firms leaving the º£½ÇÊÓƵ
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Directors at Pacifica Group hail rise in sales amid growth in presence in domestic appliance market
Company Results
The firm works with big name brands to deliver more than 400,000 repairs a year
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Hull's Sewell Group creates new consultancy business with the merger of Shared Agenda and Community Ventures
property news
Sewell Advisory will operate across the north, managing an estate portfolio of around 150 properties, with a combined value of over £250m
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10 questions for Marc Walker of Low Digital
People
The Stockton-based entrepreneur answers our questions
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Black Country move for pork pie maker after funding deal
West Midlands
TC Morris has also created new jobs and plans an apprenticeship programme following injection of capital
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Dairy company that sells to Waitrose and Sainsbury's to create jobs after securing £750k
Deals
The Somerset creamery has relocated to a bigger facility and is planning to boost production
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Foreign takeovers of º£½ÇÊÓƵ companies accelerate in 2024 as buyers swoop for British firms
By City AM
So far in 2024, 73 º£½ÇÊÓƵ companies have been taken over by foreign companies, while 43 have been taken over by other º£½ÇÊÓƵ companies.
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Plans for hundreds of new homes in the Vale of Glamorgan
property news
Persimmon has submitted a full planning application to the Vale of Glamorgan County Council
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Major Hornsea 3 wind farm supply deals go to North East and Yorkshire firms
Energy
The work will support around 300 jobs across Smulders, JDR Cables and Severfield
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North East business life: charity, community and award events of the week
People
Companies involved in this week's round-up include True Potential, Draeger Safety º£½ÇÊÓƵ, Hays Travel, ramarketing and OnPath Energy
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Cohort's order book hits record amid booming defence spending
By City AM
Cohort reported half-year results significantly ahead of the prior year, with increased conflict in Europe and the Middle East boosting the group's defence orders
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Newcastle bingo supplier Crystal & Son snapped up by Yorkshire gaming group Dransfield
Deals
The Longbenton business has been acquired by Leeds based Dransfield Novelty Company
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Ashtead announces major share buyback and prepares for US market move
By City AM
The construction equipment firm's stock price dropped sharply after the announcement it would be ditching London, having fallen more than 20% since the start of the week.
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Heathrow Airport to cap off year in record style as passenger numbers soar
By City AM
The Hounslow hub said it served 6.5m passengers in November, up 6.1 per cent year-on-year, and on Wednesday forecast December would also be a record breaker. Christmas day is expected to see close to a quarter jump in passenger numbers, it added.
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Bristol University named among most sustainable in world
Education
The rankings judged 1,744 universities on more than 50 criteria
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Major North East and Humber carbon capture and storage projects take step forward
Energy
The Northern Endurance Partnership and Net Zero Teesside Power projects have received investment decisions from the energy giants behind them
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