bbc business news
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The UK looks to innovation hubs to help ‘level’ up left behind areas
At the turn of the century, some disused coalfields in northern England were an ugly symbol of the UK’s industrial…
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Lloyds Bank backs Platform Housing with £235m loan
Lloyds Bank has backed a West Midlands housing association with its largest ever loan linked to sustainability. Solihull-based Platform Housing…
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Shortlist unveiled for Humber Renewables Awards 2022
The shortlist can now be revealed for the Humber Renewables Awards. Returning as a live event for 2022, judges have…
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Industry giants back Gloucestershire bid for Nuclear fusion plant
Industry giants including Toshiba, Thales and Renishaw have announced their support in bringing the UK’s first prototype fusion plant to…
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Consultancy helps pave way for UK’s largest warehouse development Konect 62
A Yorkshire planning and design consultancy has helped to secure final planning permission for the largest speculative warehouse development in…
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Bailey rejects criticism of BoE’s handling of inflation
Andrew Bailey fought back on Monday against critics of the Bank of England’s handling of inflation, insisting that the central…
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NE1 launches new business group in Newcastle to combat retail crime
Businesses in Newcastle city centre are coming together to form a group that aims to tackle retail crime. A number…
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North Wales waste-to-hydrogen project secures UK Government Net Zero cash
A gasification pioneer aims to seal the UK’s low-carbon future after winning a UK Government grant worth nearly £300,000 to…
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Net zero drive could help level up areas like the North East
The Government’s plans to invest in a net-zero future could help “level up” the country and create opportunities in areas…
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North East thriving tech sector is showcased to attract more inward investment
North East inward investment experts are confident that more global tech firms will seek to set home in the region,…
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More British high earners plan to work mostly at home, official data show
Higher earners in Great Britain increasingly plan to spend most of their working week at home, according to data that…
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Emirates signs seven-year extension to deal with Lancashire Cricket
Emirates has signed a new seven-year extension to its headline sponsorship deal with Lancashire Cricket. The deal includes naming rights…
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Anglesey pub that shut in 2018 could be transformed under new plans
An Anglesey pub that closed more than four years ago could reopen under ambitious new plans for the site. The…
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North Sea’s biggest oil and gas producer warns against UK windfall tax
The biggest producer of oil and gas in UK waters has pushed back strongly against government threats of a windfall…
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Internet provider Telcom Group to relocate city centre HQ
An internet provider is to relocate to new headquarters in Manchester’s Northern Quarter after signing a deal worth around £300,000…
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London house price average hits £689,000
A sking prices in London have hit an average of £689,230 due to a rise of 7.6% on the same…
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Duke of Westminster’s property giant which owns Liverpool ONE returns to profit
The property giant owned by the Duke of Westminster and includes the likes of Liverpool ONE in its portfolio jumped…
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Creo Medical in big revenue rise and tie up with US robotic venture
One of Wales leading life sciences firms, Creo Medical, has reported a near tripling in revenues and a collaboration agreement…
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New future for Newcastle city centre landmark building Cathedral Square
A North East real estate company is set to transform empty space at a prominent office block in Newcastle city…
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GF Tomlinson completes work on £3.4m Worksop fire station
GF Tomlinson has completed work on £3.4 million fire station for Nottinghamshire Fire & Rescue Service The new fire station…
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Sisters Denise and Elaine James cleaning up with their waste business
Two sisters behind an East Midlands waste management business say they have had the busiest year in their 21 year…
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Seven employees each mark 20 years of service
Lincoln healthcare software company Streets Heaver held a long service ceremony and celebratory lunch to honour seven employees who have…
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Good Energy founder Juliet Davenport to step down from firm’s board
The founder and former chief executive of Good Energy is stepping down from the firm’s leadership after more than 20…
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Book platform Resurgence Novels wins investment from Nova Growth Capital
Investment fund Nova Growth Capital is investing in an online book platform that releases novels chapter by chapter. Nova is…
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North Staffordshire recruitment firm marks milestone 20th year in business
A social work recruitment specialist is celebrating its 20th year in business. Entrust Social Care was started in 2002 by…
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UK house prices hit record high as homes remain in short supply
UK house prices hit a new record high in May as a lack of available properties coming onto the market…
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Green investment could help UK levelling-up, says think-tank
Net zero investment has the potential to drive economic growth and help the government with its levelling-up agenda in poorer,…
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Small-business chief in Downing Street talks over late payments
The new chair of the Federation of Small Businesses is in talks with Downing Street over how to tackle the…
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UK minister rows with rail unions ahead of mass strike ballot
Union leaders have warned of a concerted backlash if transport secretary Grant Shapps carries through on his threat to tighten…
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Eni plans €2.5bn UK investment as calls for energy windfall tax grow
Italian oil major Eni plans to spend at least €2.5bn in the UK over the next four years as the…
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Jubilee/UK prices: veggie bangers replace liver as inflation marches on
The UK will celebrate the 70th anniversary of Queen Elizabeth II’s accession to the throne with a public holiday in…
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Bridging loans surge as UK buyers scramble for property
Property buyers are turning to high-interest bridging loans to get an edge over rivals amid intense competition in the UK…
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Hinkley Point C delayed by one year as costs rise by £3bn
Hinkley Point C, the nuclear power station being built in Somerset, will begin operating a year later than planned and…
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No easy solution to UK cost of living crisis
This article is an onsite version of our Disrupted Times newsletter. Sign up here to get the newsletter sent straight…
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North England university spinouts secure £215mn in funding deal
An investment venture focused on university spinouts, chaired by the former Treasury minister Lord Jim O’Neill, has raised £215mn from…
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Durham IT firm launches cyber security academy creating jobs
Budding cyber security professionals are being offered the opportunity to learn from established experts at a growing North East IT…
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Interest rates might have to rise further says BoE chief economist
The Bank of England’s chief economist, Huw Pill, has suggested that interest rate rises could have further to run in…
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Search is on for Britain’s best PAs
Specialist jobs board SecsintheCity is looking to honour the UK’s best personal and executive assistants as it launches its Annual…
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Midlands office projects celebrated at 2022 BCO Awards
Five office projects across the Midlands and Central region have been recognised in an annual awards scheme. Trade body British…
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Nuclear Decommissioning Authority and Cwmni Egino announce plan for Trawsfynydd nuclear development
The Nuclear Decommissioning Authority (NDA) and Cwmni Egino have announced they will work together on proposals for the siting of…
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Pelosi warns of US trade deal threat if UK ploughs ahead with protocol rehash
The UK has been warned that it won’t be able to strike a free trade agreement with the world’s biggest…
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Leeds racing driver invests more than £300k in driving experience venture
A new business that offers punters the chance to put the pedal to the metal in performance cars while positively…
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The 19 richest people in the Midlands who are worth a combined £34 billion
Nineteen Midlands-based business tycoons worth more than a combined £34 billion have been named among the richest people in the…
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Private equity firms join bidding for holiday park operator Parkdean Resorts
Two international private equity firms are reported to be vying to take over North East holiday park operator Parkdean Resorts.…
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IWC owner Richemont says Gen Z and millennials are getting into luxury watches
Chairman Johann Rupert noted the “increased appeal of high-quality watches” to both demographics in the Swiss group’s annual results, saying it…
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North Wales hospital ward revamp completed by Bodelwyddan construction firm
A Bodelwyddan-based construction company has finished a full-scale ward refurbishment inside a major North Wales hospital to meet improved post-pandemic…
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THG shares rocket as Nick Candy circles and separate bid rejected
T he prospect of a takeover battle for e-commerce giant THG sent shares rocketing today after two bidders emerged and…
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Bushmills Inn added to Wirefox hotels portfolio
The Bushmills Inn and Hotel has been bought for an undisclosed sum by a County Down property investment company. Wirefox,…
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Nationwide warns of unequal impact of cost of living crisis
The cost of living crisis is having an unequal impact on people in the UK, with higher prices having the…
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Wykeland plots further Europarc expansion in Grimsby with inward investor deal
Further expansion of Grimsby’s flagship business park is being planned to meet demand for high quality industrial accommodation. Wykeland Group…
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