uk economy news
- Business
Aspire Technology Solutions to create 150 jobs and open office on Teesside
North East tech company Aspire Technology Solutions has announced plans to create more than 150 new jobs as it opened…
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Meet the founders of Kimaï, the start-up using lab-grown diamonds
R elaxing into a sofa in Shoreditch House, it’s clear that Sidney Neuhaus and Jessica Warch are fans of sparkle.…
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Labour seeks to bury Corbyn’s legacy with commitment to economic stability
UK politics & policy updates Sign up to myFT Daily Digest to be the first to know about UK politics…
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FTSE 100: Petrol crisis lifts oil firms, sends crude to 3-year high
B rent crude hit a three-year high at near to $80 a barrel today, heaping more inflationary pressure on the…
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Motor Fuel Group rolls out electric charging expansion as fuel crisis grows
T HE largest independent fuel operator in the UK today unveils its flagship electric vehicle charging station in Putney, insisting…
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Rolls-Royce shares hit 18-month high on B-52 deal with US Air Force
R olls-Royce’s share price hit an 18-month high today after the company signed a billion dollar deal with the US Air…
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Durham electronics firm creates ‘significant’ number of new jobs
A global electronics company has announced an expansion of its North East operations which will create a ‘significant’ number of…
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Billionaire Issa brothers’ petrol stations giant swoops for 52 KFC sites
More than 50 KFC restaurants across the UK have been acquired by petrol station giant EG Group, which was founded…
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musicMagpie launches ‘ground-breaking’ sustainability partnership with Asda
musicMagpie has launched a “ground-breaking” sustainability partnership with Asda which aims to prevent thousands of tonnes of consumer technology and…
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Contractor eyes turnover surge and profits recovery
A contractor which has completed projects for Everyman Cinema, Timpson and Premier Inn, is forecasting a surge in turnover to…
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Estate agency reports ‘robust’ results despite pandemic
A North West estate agency has reported a “robust” set of finances for its latest year despite the impact of…
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Visit Wales launching new autumn and winter campaign to extend tourism season
Visit Wales will soon be launching a new autumn and winter campaign as Welsh Government says they want to grow…
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No 10 plans to lower salary level at which graduates start repaying loans
UK universities updates Sign up to myFT Daily Digest to be the first to know about UK universities news. The…
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UK home building schemes held up by water pollution concern
UK housebuilding updates Sign up to myFT Daily Digest to be the first to know about UK housebuilding news. As…
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UK start-up plans worlds longest subsea electric cable with Morocco
Renewable energy updates Sign up to myFT Daily Digest to be the first to know about Renewable energy news. A…
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Co-op Live boss opens up on Covid and Brexit battles as critical phase nears
The man in charge of building the new £350m Co-op Live arena in the shadow of Manchester City’s Etihad stadium…
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UK motorists face queues and closures at petrol stations
UK business & economy updates Sign up to myFT Daily Digest to be the first to know about UK business…
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Craft business Katy Sue Designs announces latest acquisition
A growing North East craft business has announced its latest acquisition. Katy Sue Designs, which is based in South Shields…
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Newcastle’s Nixon Hire secures investment from Pricoa to target growth
Industrial equipment company Nixon Hire is set for growth after receiving a significant investment from Pricoa Private Capital. Launched in…
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Night lights and new seating complete first section of Dawlish sea wall
The first section of new sea wall at Dawlish has been completed with the installation of new seating and lighting.…
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US nuclear consortium ‘has a plan’ for Wylfa with ‘exploratory’ talks taking place with UK Government
A US nuclear sector consortium “has a plan” to build a large nuclear plant at Wylfa – with UK Government…
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Major redevelopment planned for Devon’s famous art deco Burgh Island Hotel
An art deco Devon hotel closely linked to crime writer Agatha Christie is to undergo a major redevelopment. Burgh Island…
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Local enterprise partnership chairman to step down
The chairman of a West Midlands regional business body is to step down from the post in November. Former Sainsbury’s…
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Multimillion-pound investment unveiled at prime Newcastle office
A multimillion-pound investment at Newcastle’s St James Gate development has delivered new offices and a major upgrade of existing office…
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HullBID secures another term as four out of five businesses back city operation
HullBID will continue its work for another five years after securing an emphatic win in its latest renewal ballot. The…
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Women’s outdoor clothing firm ACAI targets overseas markets to double revenues
Outdoor womens’ clothing company ACAI is on track to double turnover to £6m as it looks to international markets including…
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Shortlist announced for £240m HS2 civils contract
A shortlist of firms vying to secure a £240 million civil engineering contract on HS2 has been unveiled. The six…
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Drax aims for 80 per cent UK content in multi-billion carbon capture plans
Power giant Drax is aiming to source 80 per cent of the construction materials and services needed to deliver its…
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Five-year soil health partnership programme launches with East Riding farmers
A five-year collaboration between utility company Yorkshire Water and a group of innovative county farmers has begun. The Sustainable Landscapes…
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Anglesey Jobcentre reopens after closing when the pandemic hit
A jobcentre on Anglesey has reopened after being closed for 18 months. Amlwch Jobcentre shut when the pandemic hit as…
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NI finance minister pleas for extension of furlough as end date approaches
The fast-approaching end of the government’s furlough scheme has prompted Northern Ireland’s Finance Minister Conor Murphy to plead with the…
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Silence Therapeutics, the biotech on a mission to mute genetic disease
“ I’ll tell you this fun story,” Mark Rothera says with a twinkle in his eyes. Silence Therapeutics CEO Mark…
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City College Plymouth unveils plan for ambitious ‘journey of transformation’
One of Plymouth’s most popular colleges has revealed an ambitious new eight-part action plan to cement its position as the…
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Plastics recycling firm aiming to create jobs at Port of Sunderland
A Norwegian firm is hoping to create around 50 jobs in the North East after unveiling plans for a recycling…
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Administrators called in to collapsed energy firm as 50 jobs affected
Administrators have been appointed to North West energy firm PfP, with the firm’s customers set to transfer to British Gas.…
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Bitcoin drops after People’s Bank of China declares all crypto illegal
C ryptocurrencies sunk today after the People’s Bank of China declared the market illegal. China’s central bank said all forms…
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UK hints at allowing in more foreign drivers to ease fuel shortage
UK business & economy updates Sign up to myFT Daily Digest to be the first to know about UK business…
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Peel Hunt to float at £280m on back of pandemic trading boom
C ITY broker Peel Hunt today cashed in on the pandemic boom in trading and dealmaking in a float that…
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Falmouth businesses and university combine to stage book festival
Falmouth business and the Cornish town’s university have combined to stage a book festival featuring authors, poets and filmmakers. The…
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Agri min gifts subsidy top up to Northern Ireland’s farmers
Northern Ireland’s farms are set to benefit from a further £800 of government money each as the agriculture minister flexes…
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Betting deals at risk and financial hit looms for clubs as ban considered
Any possible extension of Premier League club Burnley’s main shirt sponsorship deal with a British financial and sports betting company…
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Innovation continues to thrive globally despite the pandemic
As the world economy begins to shake off the effects of Covid-19, nations will be looking to gain competitive advantage…
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The UK’s film and TV production body forms first regional board
The body representing film and television production professionals in Britain has formed its first regional committee – one of six…
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North West tile firm more than doubles turnover despite HGV driver shortage
A North West tile retailer has recorded a seventh consecutive year of growth, after seeing more than a 100% increase…
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When obstacles become opportunities to work better
Newsletter: FT Weekend Get a shot of weekend inspiration with the best in life, arts and culture. Delivered every Saturday…
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Cathedral Quarter gallery reopens after long 18 months
The owners of an independent gallery said it was good to be back on the high street again after being…
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‘Together, we go further’ advice from HullLive Business Awards headline sponsors
There’s still time to enter your business into this year’s HullLive Business Awards – but be quick, the deadline is…
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Motorhome dealer hits record sales as Britons continue to embrace staycations
Luxury motorhome dealer Erwin Hymer Centre Travelworld has recorded its best ever sales figures as Britons continue to embrace staycations.…
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New owners of Kelham Hall prepare for Christmas reopening
A Grade 1 listed stately home and park is reopening under new ownership this December after the previous management company…
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700-bed scheme gets go-ahead as part of £1bn city improvements
Nottingham City Council has granted planning permission for a 702-bed scheme to be built on the city’s new The Island…
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.jpg?width=1200&width=1200&auto=webp&quality=75 "Motor Fuel Group rolls out electric charging expansion as fuel crisis grows 5")
.jpg?width=1200&width=1200&auto=webp&quality=75 "Bitcoin drops after People’s Bank of China declares all crypto illegal 49")
