latest business news
- Business
Food and drinks flavours maker eyes USA expansion as it targets record turnover
A Cheshire-based company which develops bespoke flavours for food and drinks is planning to open a USA facility in 2022…
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BMet College in Birmingham provides fantastic learning support for adults
Thinking about a change in career direction can cause anyone a lot of uncertainty – and it can be hard…
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Cheltenham construction company secures £38k from HMRC
A Cheltenham construction business has received more than £38,000 in research and development (R&D) tax credits after identifying ways to…
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Charity to help disadvantaged young people into financial services
A charity has launched to help university students and recent graduates from disadvantaged backgrounds across the UK enter the financial…
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Farm owned by billionaire Duke of Westminster increased turnover during pandemic
A Cheshire farm which supplies major supermarkets and is owned by the Duke of Westminster, one of the richest people…
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Family theme park wins planning for glamping site
A Midlands theme park has won planning permission to put in a glamping site. Twinlakes, just outside Melton Mowbray in…
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New Zealand looks to UK and EU to diversify market beyond China
New Zealand aims to agree free trade deals with the UK and EU this year in a bid to diversify…
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Work starts on 2.3m sq ft Midlands warehouse park
A warehouse park developer has appointed a contractor to start infrastructure works after gaining reserved matters planning consent for the…
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Business lobby urges UK government to extend support scheme
The new head of a leading UK business organisation has called on the government to provide further help for companies…
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Accountancy firm Randall & Payne acquires Little and Company
Cheltenham accountancy firm Randall & Payne has acquired Gloucester-based practice Little and Company for an undisclosed sum. The two accountancy…
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Why Ikea, Kopparberg and Octopus Energy pulled GB News ads
A number of brands have decided to pull their advertising from the start-up, “anti-woke” news channel GB News. Ikea, Kopparberg…
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Somerset cheesemaker says Brexit ‘partly’ behind staff shortage
A cheesemaking business in Somerset has said Brexit has contributed to a labour shortage at its Ilchester factory after many…
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Equity investment in West Midlands jumps to £382 million in 2020 – but region remains under-represented
Small businesses in the West Midlands received more than £382 million in equity investment in 2020 – but the region…
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Equity market investments boom in Yorkshire and Humber
The number of equity investments in companies in Yorkshire and the Humber increased by 145 per cent in 2020. The…
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Good Business Festival postponed as travel restrictions hit Liverpool
The Good Business Festival has been postponed until later in the year after new Government travel guidance was announced for…
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South East economy sees strong growth post-pandemic as lockdown eases
The South East economy saw record expansion in May as businesses continued their recovery from the pandemic, the latest UK…
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FTSE 100 hits 16-month high as oil nears $75 and US waits on Fed rates
T he FTSE 100 pushed to another 16-month high on Wednesday, despite dampened conditions in the US as traders awaited…
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Goldman Sachs unveils new Birmingham location
Global investment bank Goldman Sachs has announced the location of its new regional hub in Birmingham. In April, the company…
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Accountancy group Azets aims to create 100 new jobs in North East
An accountancy firm is hoping to create 100 new jobs in the North East as part of a national growth…
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Made.com shares fall on debut despite low-end price
O nline furniture designer Made.com today floated at the very bottom of its predicted price range, but the shares still…
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Issa brothers’ concession to CMA over £6.8bn Asda deal accepted
The billionaire Issa brothers’ concession to sell almost 30 petrol stations to avoid a further probe into their £6.8bn deal…
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City analysts come out in support of Glaxo plan
A growing number of City analysts have come out in support of GlaxoSmithKline’s restructuring plan under chief executive Emma Walmsley…
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Job creation picks up in London as easing of lockdown boosts economy
London saw its fastest increase in employment for nearly seven years as the capital’s economy continued its bounceback from the…
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Plans in for £300m Blackpool Central scheme which could create 1,000 jobs
A planning application for the proposed £300m Blackpool Central scheme, which includes three indoor entertainment centres, a hotel and restaurants,…
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Cash use plunges during pandemic
The Covid-19 pandemic has accelerated the decline of cash, with the volume of UK payments made using notes and coins…
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Profits up at property investment firm despite high street woes
A UK property investment business has seen profits rise even though the fall in demand for shop units leading to…
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As city centres decline, a new online future beckons for car parks
C ar parks aren’t the most exciting side of urban life, but in the property world, they’re causing a stir.…
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Bluestone resort will no longer sell plastic water bottles on site
A Pembrokeshire resort has announced it will no longer sell plastic bottled water. Bluestone National Park Resort has made the…
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Welsh woman who started out with just herself and a vacuum cleaner now employs over 60 people
Denise Lardner started out with just herself and a vacuum cleaner but now employs more than 60 staff at one…
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North Wales developer has £85m order book with demand now above pre-Covid levels
A North Wales construction firm has secured £85m worth of projects to be delivered over the next two years –…
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Hundreds of apartments earmarked for old Boddingtons Brewery site
More than 400 new apartments could be built on the site of the old Boddingtons Brewery in Manchester city centre,…
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Vianet defies ‘tough year’ to take on staff and look to future
Teesside internet of things company Vianet took on staff during the pandemic despite seeing revenues almost halve as its key…
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21 growing businesses creating jobs across the North West
With the North West’s recovery from the pandemic well and truly underway, firms across the region appear to be moving…
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100 business leaders warn Johnson planning reforms risk green goals
More than 100 business leaders have warned Boris Johnson that his plans to tear up the planning system in England…
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LED light company takes its hi-tech bowling lights to the USA
A UK lighting specialist is heading to a big bowling expo in the States later this month to bolster its…
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Midlands Engine Rail could see 3,500 jobs created and safeguarded
More than 3,500 jobs could be created and safeguarded by a huge infrastructure project which is aiming to improve rail…
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UK manufacturing growth set to double after strong Covid rebound
The UK’s manufacturing sector is expected to grow twice as fast in 2021 as forecast at the start of the…
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Major Nottingham developments will prepare city for life after Covid
Nottingham city centre is getting set to bounce-back post-Covid thanks to a huge swathe of redevelopment. The East Midlands city…
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The Hut Group completes $255m takeover of US upmarket beauty products firm
E-commerce giant The Hut Group (THG) has completed its $255m takeover of Bentley Laboratories, a US upmarket beauty products developer…
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End of government Covid support set to cause further corporate distress
Restructuring experts have warned that many of the businesses that took Covid-related financial help in 2020 will be in distress…
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North West most active for British Business Bank investments outside London
The North West was the most active region for British Business Bank equity investments outside of London last year, according…
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Serco upgrades profit guidance as test-and-trace demand persists
Serco has raised profit forecasts by millions of pounds as the outsourcer expects demand for the UK government’s controversial Covid-19…
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Starbucks build begins at gateway Grimsby site
Work is underway on a landmark Grimsby site as the town’s first drive-thru Starbucks paves the way for further investment…
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SMEs attracted record equity during pandemic
Small businesses in the UK attracted a record amount of equity during the pandemic as tech-focused companies prospered and others…
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New property consultancy launches in Birmingham
A new property consultancy has launched in Birmingham city centre. Atlas Land & Planning is based in Cornwall Street and…
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Teesside pawnbroker Ramsdens pushes into London and South East
Teesside pawnbrokers Ramsdens is pressing ahead with plans to expand into London and the South East despite results which showed…
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UK businesses seek more support as England’s lockdown set to continue
Business leaders have called for further UK government support for companies as ministers prepare to delay the reopening of the…
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UK economic boom to continue despite delay to covid Freedom Day
C ity analysts today said Britain’s strong economic recovery from the covid pandemic would not be dented by the one-month…
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Serco: UK test and trace scheme boosts outsourcer
Bad news may come in threes but sometimes good news can arrive as a pair. Outsourcer Serco’s joint venture with…
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Birmingham Post Business Awards 2021 – Learn more about our winners
New Business of the Year – HDY Agency PR, marketing and branding agency HDY was founded in 2018 by Heart…
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