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Professional Services
Ofgem confirms that millions face near £700 rise in energy bills – and interest rates also rising
Energy
Huge rise in wholesale prices leads regulator to hike energy price cap by 54 per cent to a record £1,971 for a typical home
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Nigel Wright Group leadership team regain 100% share ownership
Professional Services
The Newcastle recruitment firm purchased the remaining equity with a loan from ThinCats
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The best time to be investing in a pension is as early as possible
Finance
So says Peter McGahan, chief executive of Worldwide Financial Planning
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Bank of England expected to raise interest rates
Banking & Finance
It would mark the Bank’s first back-to-back increase since June 2004
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University of Leicester Business School completes £16m renovation
Education
Brookfield House was built in 1870 and served as the home of Thomas Fielding Johnson, founding benefactor of the university
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Hilton hotels taking on 1,000 new staff in º£½ÇÊÓÆµ and Ireland
Hotels
Hotel group said the numbers include 350 new apprentices, after it took on almost 100 last year
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Law firm makes modest progress in pandemic year as turnover nudges over £9m mark
Company Results
Bridge McFarland's latest results have been published
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The latest equity deals to support the expansion of Welsh firms
Banking & Finance
Investments includes those into Carebeans, Vortex IoT and Enclave Networks with debt conversions into equity from the Future Fund
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Team Leicester headed for MIPIM 2022 on the French Riviera – and here’s what they’re planning
MIPIM
Delegation will put Leicester and Leicestershire ‘front and centre’ at Cannes property and construction fair
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Hull accountancy firm appoints first MD as further expansion plans kick off
Finance
360 Chartered Accountants promotes Adrian Hunter who recently joined as practice manager of 12 year old firm
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Energy crisis: Octopus Energy facing £100m hit from unprecedented rise in wholesale prices
Energy
'2022 will be tough in energy, but we will fight for customer interests and work with government and industry to find solutions'
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New jobs for business advisory firm Quantuma in bid to double North West headcount
North West
Quantuma has been part of the K3 Capital Group since August 2020
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Profits surge almost £150m at KPMG as partner pay-outs jump
KPMG
During the year KPMG completed the sale of its restructuring business
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Concrete specialist saved from closure as accelerated sale secured by administrators
Insolvency and Administration
North Yorkshire firm Ebor Concretes bought by Nottinghamshire's JP Concrete Products
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Virgin Money hails strong performance despite drop in lending
Finance
The challenger bank said the economy was recovering well from the pandemic and expected business activity to increase later in the year
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British Business Bank has provided more than 4,000 start up loans to firms in Wales
Banking & Finance
The Start Up Loans scheme from the bank was launched in 2012.
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Knights expands again with £11.5m acquisition of Langleys
Deals
The deal will see Knights expand its operations in the east of England
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The Welsh firms in which the º£½ÇÊÓÆµ Government now has ownership stakes
Deals
It has taken a stake in six high-growth potential Welsh firms from its pandemic response £1.1bn Future Fund
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Budget airline easyJet targets women in drive for 1,000 post-pandemic pilots
easyJet
'We are delighted to be reopening our pilot training programme again for the first time since the pandemic hit'
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Lincolnshire care home group hires 135 new staff since becoming family-owned last summer
Employment
Home From Home Care has 11 homes for people with learning disabilities, autism and mental and physical health needs
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People on the Move: key North East appointments and promotions of the week
Dunlop
Companies announcing new arrivals this week include Silverstone, Mediaworks and Muckle LLP
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St James's Place managing director to retire after 30 years
People
Ian Gascoigne joined the FTSE 100 firm in 1991 and has been a director for the last 19 years
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Lincoln City reveals pandemic losses
Business of Sport
Imps were hit badly by lockdown with last season's matches, apart from the play-offs, played in front of empty stands
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Former Stoke-on-Trent MP Rob Flello lands top job at trade association
West Midlands
Dr Laura Cohen announced her decision to leave the British Ceramic Confederation late last year
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