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Enterprise

Northumberland's Sterling Pharma Solutions sees signs of market recovery after challenging year
Company Results
The company is overcoming post-Covid challenges and has continued to invest and take on more staff in the last year
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Private healthcare platform secures £402,000 in new funding
West Midlands
Birmingham-based Get Well Soon is aiming to help people compare the cost of elective surgery procedures
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Corporate distress levels rise across the North East and Yorkshire as expert says firms are 'stretched to their limits'
Economy
The number of distressed companies - those unable to meet financial obligations - has risen 60% since 2017
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Ethnic minority representation on boards stalls despite government review
People
Experts cautioned that the lack of progress could be linked to a “one and done†attitude
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Smiths News agrees deal with Mirror publisher Reach
Deals
The 200-year-old newspaper wholesaler is headquartered in Swindon in Wiltshire
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Pennant expects 'modest' profits after reducing workforce
Enterprise
The AIM-listed firm has cut 30 jobs and sold off parts of its site at Staverton in Gloucestershire
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North East deals of the week: key contracts, investments and acquisitions
Deals
This week's round-up includes Hitachi Rail, BSF Enterprise, Sore Paws, AMLo Biosciences, MTL Projects and Mark Thompson Lifesciences and Newcells Biotech
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£2m grant awarded to Botanical Gardens revamp
West Midlands
Julia Rausing Trust has included Birmingham tourist attraction and event destination in new round of funding
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Quarter of small businesses fear they can't survive financial shocks
By City AM
Over two-thirds of business owners said they could not grow their business enough to meet customer demand for goods and services in 2024, and expect the problem to persist through 2025
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Dart and dartboard manufacturer Nodor Group targets expansion major on private equity deal
Deals
The Bridgend headquartered business has become majority owned by mid-market private equity firm Inflexion
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Inspecs shares slump after profit warning
Company Results
The AIM-listed business makes a range of eyewear such as sunglasses, optical frames and lenses
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RSK Group snaps up 60-year-old construction consultancy
Deals
Kendall Kingscott has offices in the West Country, Wales and the South East of England
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WPP faces losing title as world's biggest ad agency to rivals in $30bn merger
By City AM
WPP could lose its title as the largest advertising company in the world after it emerged that US rivals Omnicom and Interpublic are in talks over a $30bn merger
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Solid set of results for farmers' collective Grainco as turnover grows
Company Results
Grainco said its strong balance sheet had allowed it to offer farmers sufficient liquidity in challenging times
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Nearly half of South West firms have experienced fraud
Crime
Anti-fraud-related expenditure has increased compared to the previous year
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Northumbria graduate partners with Mamas & Papas as resident sleep expert
Deals
The Little Sleep Company founder is working with parents to help children get their ‘biological best sleep’
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Tyneside pharma firm Shield Therapeutics seeks to raise $10m through subscription by largest investor
Deals
The Newcastle company has signed an agreement with AOP Health International Management AG
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Observer newspaper sale to Tortoise Media approved despite staff strike
By City AM
The boards of the Scott Trust and Guardian Media Group have given their blessing to the sale of the Observer newspaper to Tortoise Media - only days after Observer newspaper journalists went on strike over the proposed sell off
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Car repair duo secure growth funding
West Midlands
Evolve strikes deal with Midlands Engine Investment Fund to support expansions plans
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Cornish Lithium appoints National Wealth Fund director to board
Appointments
The announcement follows the opening of the mineral exploration company's demonstration plant in St Austell
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The Welsh firms named the fastest-growing in the º£½ÇÊÓƵ
Wales Fast Growth 50
Five firms were Wales were named as category winners in the inaugural º£½ÇÊÓƵ Fast Growth 50 awards
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º£½ÇÊÓƵ house prices hit new peak with mortgage rates fuelling buyer confidence
By City AM
House prices have hit a record level this month as mortgage rates have fallen, according to the Halifax House Price Index
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Wain Homes appoints new managing director for Severn Valley region
Appointments
Nick Moore will be based in Bristol but will oversea the company's operations in Gloucestershire, Somerset, Wiltshire, Oxfordshire and the West Midlands
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Planned South Wales to London train service has a new operator
Transport
Grand Union Trains has sold its open access rights for the new route to FirstGroup
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