uk economy news
- Business
Well-known North East office block comes on the market for £2m
One of the region’s best known workspaces has been put up for sale after its current occupiers announced a move…
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Timber firm sells its Irish subsidiary in a multi-million pound deal
A timber firm has sold its Irish subsidiary in a multi-million pound deal. Newport-based Premier Forest Group sold Premier Forest…
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Morrisons future isn’t entirely out of its hands
M orrisons’ chairman Andrew Higginson has a tricky balancing act on his hands. Keep rejecting the unwanted overtures of the…
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Google pulls startup support out of Silicon Roundabout site
G oogle’s UK startup support network is to let go of its seven-storey site by Silicon Roundabout after pivoting online-only…
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Welsh Government launches Young Person’s Guarantee to prevent a ‘lost generation’ after pandemic
The Welsh Government says its plan to provide everyone under 25 with the offer of work, education, training, or self-employment…
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Morrisons shares surge after takeover offer despite doubts over rival bids
S upermarket shares raced up today after US private equity giant Clayton, Dubilier & Rice launched a £5.5 billion takeover…
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Labour bids to block removal of steel safeguards on cheap imports
Labour MPs will try to kill off the threat of more cheap steel imports entering Britain in a Commons debate…
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Five Swansea Bay companies named as business champions
As part of the Rebuilding Swansea webinar, five companies were selected as business champions. The businesses were chosen for the…
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The local companies making more for our region
Keeping a business on course isn’t easy, especially during unprecedented times like 2020. However, Leicestershire has seen an enormous sense…
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Coronavirus latest: Flexible rail season tickets for part time commuters go on sale in England
Australia’s most populous city is on alert on Monday after recording two new locally acquired coronavirus infections, as a cluster…
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Devon firm develops Covid-busting alloy substitute for stainless steel
A Devon firm has developed a new anti-Covid alloy that kills viruses and bacteria on impact and can replace stainless…
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The Covid rules changing in Wales today for weddings, funerals and music and comedy venues
While First Minister Mark Drakeford last week held back on “substantive” easing of the Covid rules in Wales welcome changes…
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Sewell Group is helping the Humber’s business talent
Sewell Group is once again proud to sponsor the Entrepreneur of the Year category in the Hull Live Business Awards…
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FTSE 100 set to fall with world markets despite Morrisons bid triggering takeover fever
Wall Street’s sharp fall on Friday night was likely to spill over to London, getting the week off to a…
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Former policeman eyes up expansion after growing business from bedroom
A policeman turned entrepreneur has switched careers after his side-hustle printing business took off. Alex Liggett, who lives in Stafford,…
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Greater Birmingham businesses on upward path, says report
Firms across Greater Birmingham are feeling increasingly positive and are on an upward trajectory as a result of lockdown restrictions…
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Start-up competition launches to find next West Midlands tech stars
A new competition aimed at finding the next tech stars of the future in the West Midlands has been launched.…
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Plans in for new CarShop outlet which could create 50 jobs
Used car retailer CarShop hopes to make a multi-million-pound investment in Derby for its next store. The business – part…
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Mortgage firm launches first-of-a-kind system as part of plans for growth
A North Staffordshire mortgage company has developed a ‘revolutionary’ new mortgage system as part of plans to develop a 75-strong…
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Dover takes legal action against government over check points
The Port of Dover is taking legal action to overturn an “irrational” government decision not to fund a £33.5m project…
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North East company signals growth ambitions with £100m acquisition plan
A Tyneside healthcare business has signalled major growth ambitions with plans for a £100m programme to acquire other businesses in…
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North West’s fastest growing business named after 400% pre-tax profit increase
A Cheadle-based legal tech specialist has been named the North West’s fastest growing business after reporting a 400% increase in…
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CarSupermarket’s new owner raises £333m as it floats days after huge Hull deal
The European used car retailer behind the buy-out of Hessle-headquartered Motor Depot has immediately followed this week’s huge deal with…
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Bristol tech start-up wins funds to halve food waste in education
A start-up business founded by students at the University of Bristol has won £10,000 to develop technology that could potentially…
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£60m plan for Plymouth’s tungsten mine to hit full production by end of 2022
The company which owns Plymouth’s vast Hemerdon tungsten mine aims to have it in full production by the end of…
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From ice queen to pamperer of princesses – how professional skater pirouetted
A former professional skater who became a beauty therapist after injury cut short her career on the ice has opened…
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Life sciences company backed by new Dragons’ Den star goes public
A company backed by new Dragons’ Den star and Social Chain co-founder Steven Bartlett has listed on a US stock…
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Print specialist Springfield Solutions presses on with largest expansion ever
Digital packaging specialist Springfield Solutions has embarked on its largest expansion in almost 50 years, creating 12 new jobs and…
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Bid to oust Boohoo co-founder from board role seen off
The co-founder of Manchester-headquartered fast fashion giant Boohoo has survived an attempt by shareholders to remove her from the retailer’s…
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Tech firm Saggezza targets further growth after hitting 100-employee mark
A tech firm with major offices in the North East has celebrated the recruitment of its 100th employee and said…
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Development starts on green Gwynedd homes that will only be for local people
A development of 24 affordable houses in Gwynedd is set to start this month as part of a housing association’s…
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First cruise ship docks in Belfast since start of pandemic
Belfast has welcomed the first cruise ship to the city since the Covid-19 pandemic began, ushering in the cautious return…
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PE firm behind Mountain Warehouse and UKFast acquires Manchester IT firm
The private equity backer of the likes of Mountain Warehouse, UKFast and Virgin Experience Days has acquired a Manchester-based IT…
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Dragons’ Den-backed firm signs agreement to extend free parking
A North East company that won backing from the Dragons’ Den has signed an agreement that will help extends its…
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Bank of England under growing pressure on interest rates
T HE Bank of England is coming under increasing pressure to raise interest rates sooner than expected as fresh signs…
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The ten countries that could be added to Government’s green travel list
Ten more countries that include Italy and Spain could be added to the UK’s green travel list, reports suggest. At…
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Bristol’s Greenway Centre secures funds for improvement works
A community and enterprise hub in Bristol is set to be upgraded after the trust that runs it secured an…
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UK financial services group True Potential mulls $2 billion US Spac
T rue Potential, a leading UK wealth management business, is mulling a potential $2 billion “Spac” float on Wall Street…
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FTSE 100 set to fall from highs as investors suffer vertigo
T he FTSE 100 Index was today set to slip back further from this week’s highs but will remain at…
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Welsh Government changes for wedding and outdoor education sector but pause on wider lockdown lifting
First Minister Mark Drakeford will announce a four-week pause to the easing of coronavirus rules on Friday to help boost…
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The full list of Manchester Legal Award winners as firm takes FOUR gongs
The best of Manchester’s legal talent has been recognised and rewarded at a prestigious awards ceremony – with one firm…
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Biscuit specialists Northumbrian Fine Foods creating new jobs
North East biscuit manufacturer Northumbrian Fine Foods is recuiting for 50 new jobs at its factory in Gateshead after a…
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Sunak refuses help for businesses hit by extended Covid restrictions
Rishi Sunak has ruled out any further extension of support to businesses in England, despite the government forcing many to…
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Cornwall marine sector summit calls for major Government investment
Leading figures from Cornwall’s £1bn a year marine sector have held a major summit to launch a blueprint for the…
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Men’s formalwear chain Suit Direct opens at Merry Hill
A men’s formalwear chain has opened a new shop in the Black Country. Suit Direct has launched the new ‘SD’…
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First look: The tech-heavy Sports Direct flagship on Oxford Street
S tepping out of Oxford Circus station at lunch time on a week day and scars from the pandemic are…
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UK business demands more involvement in trade talks
This article is an on-site version of our Brexit Briefing newsletter. Sign up here to get the newsletter sent straight…
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High street fund to bring businesses into four North Wales towns has opened
A £3m fund created to bring businesses into the centre of four North Wales towns has opened with more details…
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£700k boost for Humber’s wannabe entrepreneurs as resources rolled out
More than £700,000 is to be invested to roll out business and intellectual property centres in four Humber towns –…
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Clugston adds abnormal load arm as it buys Hull business out of administration
Clugston Distribution Services has swooped for a struggling fellow Humber transport business, saving 18 jobs. The Scunthorpe operator, itself bought…
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