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Eco-friendly food packaging firms 2M Group and Xampla win Innovate UK support to grow manufacturing
Technology
Morro technology designed to save millions of tonnes of waste from landfill or incineration
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Chris Oglesby named CEO of Bruntwood SciTech
property news
He will succeed Kate Lawlor and will drive growth plans following £500m investment
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Pragmatic Semiconductor secures £182m investment to create hundreds of new jobs
Deals
The Cambridge-based firm has a manufacturing facility at Durham
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Government to invest £20m helping universities turn research into businesses
Jeremy Hunt
'Innovative, globally competitive businesses like Oxford Nanopore are making a huge contribution to our economy'
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Drop in retail sales pushes sector to worst month since the pandemic
Retail & High Street
Retailers reported cost-of-living pressures, reduced footfall and poor weather hit them hard
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Record rise in rents as house prices fall annually for first time in a decade
Housing
Rental prices in London rose by 6.8% annually in October
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PM says he will stick to his plan on reducing inflation amid calls for tax cuts
Conservative Party
Rishi Sunak warns 'hard decisions' still needed ahead of Autumn Statement
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Bensons for Beds 'returns to profitability' after sales rise despite 'unfavourable weather'
North West
Bensons for Beds has not revealed any detailed sales or profits figures
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Rowlands Pharmacy slumps to losses of over £270m as branches closed
North West
However, the company acquired 30 branches in Scotland earlier this year
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GSK hikes outlook after launch of new RSV vaccine
Manufacturing
Group expects turnover to grow at vaccines division
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Howes Percival turnover up almost a fifth in 12 months
Legal
Firm plans to continue recruiting across all six offices over next 2 years, adding 50 roles
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Railway ticket office closures scrapped as Government u-turn sparks 'quiet fury' in the rail industry
Transport
Watchdogs Transport Focus and London TravelWatch had opposed closures
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Higher borrowing costs help more than double HSBC’s quarterly profit
HSBC
More customers moving cash into accounts with higher savings rates
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Unilever sets out new 'action plan' to boost performance
Company Results
The consumer goods giant has announced a leadership shake-up
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Matalan's sales stall after online and international 'weakness'
North West
Matalan has not yet released its full-year results for the 12 months to February 25, 2023, to the public
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KPMG UK to cut more than 100 jobs amid dealmaking slowdown
KPMG
Last month, KMPG launched a separate consultation process over plans to axe up to 125 jobs in its consulting business
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Engineering design consultancy expands into the Humber as it eyes industrial demand
Industrial
Great Yarmouth-based ENG-Cad Group has taken offices at The Deep Business Centre
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Hotel Chocolat ‘on front foot again’ amid strong sales at new UK shops
Retail & High Street
Revenues from its UK stores grew by 14% over the 13 weeks to October 2
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Older workers see age barrier in hospitality industry, research finds
Retail & Consumer
Rest Less says 'now is the perfect time for hospitality businesses to seize the moment'
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Offshore wind support specialist CWind bought out by entrepreneurial investment house Inspirit Capital
Deals
Deal completed to return Grimsby-based firm to standalone entity in corporate carve-out
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Beth Tweddle sells gymnastics business to PureGym founder's Gymfinity Kids
North West
Olympic medallist Beth Tweddle will take up a role with Gymfinity Kids
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Labour conference: Party bidding to be party of 'all businesses' as Conservatives struggle in the polls
Labour Party
Opposition attracting businesses large and small to its Liverpool showcase
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New owner reversing fortunes of flagging Ortongate Shopping Centre
property news
Ortongate Shopping Centre is now 80 per cent full, partly thanks to local or regional independent traders
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Transport projects supported by PM as HS2 axed north of Birmingham
Transport
Proposed schemes include Leeds trams, rail electrification in Yorkshire and pothole repairs nationwide
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