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GB Bank receives £20m capital boost and announces a new chair
Finance
Existing investors Hera Holdings and the Teesside Pension Fund have invested more in the insitution
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Four-year speed limit trial on major motorway to be lifted
Enterprise
The 60mph speed limit on the M602 in Salford has been in place since September 2020 under a trial to reduce emissions
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Pearl & Dean counts on Wicked and Gladiator 2 to recover from £1.7m loss despite Barbie's boost
By City AM
Pearl & Dean was founded in 1953 and is now owned by Willowbrook Investments
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'Chicken King' Ranjit Singh Boparan enjoys bumper pay day as profits jump
By City AM
Ranjit Singh Boparan, who is known as the 'Chicken King', has received a bumper pay day after profit at his private office jumped to almost £125m
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Entrepreneur and chair of The New Saints FC Mike Harris acquires stake in Powys brewer
Enterprise
Through his investment vehicle Ubuntu Holdings he has taken a majority interest in Monty's Brewery to support its growth plans
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Northern Trains sees passenger revenue soar, surpassing £1 billion amid recovery
By City AM
The Department for Transport-owned operator has posted a total revenue of £1.07bn for the year to 31 March, 2024, up from the £982.6m it posted in the prior 12 months after battling 'uncertain and challenging times'
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SIG maintains profit expectations and points to easing sales decline
Construction
The Yorkshire-based group said it saw improvement in the º£½ÇÊÓƵ, Ireland and Benelux countries
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New business festival coming to the West Midlands
West Midlands
Applications open to be part of major regional event next spring
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Shortlist revealed for Black Country Chamber Business Awards
West Midlands
A total of 14 categories will be recognised at 2024 ceremony in November
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Hydrogen specialist GeoPura powers up with £22m investment
North East
he company is mass manufacturing HPUs alongside its partner Siemens Energy in Byker
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Plusnet boosts profits and dividends amid customer drop and market shifts
By City AM
Plusnet is the latest broadband firm to have posted its financial results for the year to March 31, with the company revealing its profit has soared despite a slump in customer numbers
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Amazon to create hundreds of Christmas jobs
Employment
Across the º£½ÇÊÓƵ it is looking to fill 15,000 seasonal roles
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Channel 4 invites black British entrepreneurs to apply for TV ad scheme worth £150k
Finance
The scheme is open to companies that have not invested in television commercials before
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Birmingham event for black business leaders
West Midlands
Fourth annual conference will come to city next month and hear from a broad range of speakers
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Virgin Money's takeover by Nationwide building society is completed
Deals
The major Newcastle employer has been taken over in a £2.9bn deal
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Bury's former police station site to be transformed into two care homes, creating 100 jobs
Enterprise
The site of the former police station on Irwell Street has been vacant since 2018
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25 successful black British businesses highlighted in new book
Black Communities
The Wray Forward Powerbook celebrates the achievements of a selection of companies around the º£½ÇÊÓƵ
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Vodafone and Three propose new remedies to address CMA concerns in £15bn merger
By City AM
The CMA warned earlier this month that millions of º£½ÇÊÓƵ mobile customers could face price hikes and see a reduction in service offerings if the merger goes ahead.
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Exeter Chiefs strikes deal with waste firm in bid to improve recycling at Sandy Park
Deals
The premiership side is hoping to encourage more fans to recycle their waste on match days
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SJM directors receive £14.8m payout following Oasis tour promotion
By City AM
The six directors of Stockport-headquartered SJM were handed a share of a £14.8m dividend for the company's latest financial year, up from the £7.3m pay out for 2022
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Retirement complex plans for police station site set for green light, despite funding concerns
NHS
Chris McCarthy and Stone Retirement Lifestyles plan 52 apartments for mainly over-60s on the site
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Plans unveiled for 430 new homes as part of North West Preston expansion
North West
The 22.7-hectare site has already been earmarked for housebuilding as part of the broader plan to create around 5,500 homes across North West Preston
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Production woes and sluggish China market force Aston Martin to revise 2024 earnings outlook
Enterprise
The luxury carmaker said it would make around 1,000 fewer cars than first planned over the year after being hit by delays to car parts due to disruption at some of its suppliers.
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Alliance Pharma reports 'strong' performance after turbulent few months
Company Results
The company was assessed using ‘alternative performance measures’ which are not defined under International Financial Reporting Standards
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