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© 2024 a Reach plc subsidiary
London
11:30, 4 SEP 2023
Watches of Switzerland directors show faith in business with £890k share purchase
Retail & High Street
Shares in the group dropped on August 25 after Rolex acquired the Swiss jeweller and watch manufacturer Bucherer
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Weightmans expands European operations with hire of team from London's Pierre Thomas Law
Law
North West legal giant hails 'wealth of skill and experience in cross border and travel claims'
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Next takes even bigger stake in British fashion brand Reiss
Fashion
Former Next group product director Christos Angelides – who became Reiss chief executive in 2017 – will stay on in the top job
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Video games sector growing across the UK
Tech
Trade body TIGA says industry outside London performing well
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Flight disruptions ‘to last for days’ following ATC failure
Transport
The disruption continued into Tuesday with flights cancelled or late as many aircraft and crews were stuck in the wrong place
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Profits dip at global law firm DWF ahead of £342m takeover by Inflexion
North West
As well as Manchester, DWF has UK offices in Belfast, Birmingham, Bristol, Edinburgh, Glasgow, Leeds, Liverpool, London and Newcastle
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Staff walking out over pay at 20 councils
Local Government
Unite boss - 'It is simply unacceptable that workers have been forced onto the breadline due to years of real terms pay cuts'
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Sustainable childrenswear rental platform achieves 110 per cent of latest crowdfunding campaign
Fashion
Founder Eve Kekeh spoke to BusinessLive about forming the business and how it has given brands access to circular models
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Bristol-based Phasecraft secures £13m from Silicon Valley VC Playground
Finance
The startup creates algorithms that can already work on today's quantum computers
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Lender owned by billionaire's investment giant agrees near £50m deal with MCR Property Group
North West
MCR Property Group was founded by Aneel Mussarat and has offices in Manchester, London, Birmingham and Glasgow
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One Young World names Dr Anne-Marie Imafidon UK winner of Entrepreneur of the Year Award
Black Communities
The global community for young leaders honours the world’s most innovative entrepreneurs under 35-years-old
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Gloucester-based property group completes £4.3m deal on residential London complex
Finance
Blackfinch property, the real estate arm of investment company Blackfinch Group completed the refinance buy-to-let loan for its longstanding client
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Water firms face legal action over claims of underreporting sewage discharges
Law
Claims are being brought against Severn Trent Water, Thames Water, United Utilities, Anglian Water, Yorkshire Water and Northumbrian Water
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Bank of England lifts interest rates to 5.25% - latest reaction from business and the property sector
Economy
Move comes amid signs price rises are beginning to cool
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Melanin Magic: London bookstore opens to create ‘safe space’ for black children
Black Communities
Owner says her venture was in response to huge local demand
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$350m funding package secured by Prax Group as it builds working capital for growth
Finance
Independent oil business behind North Lincolnshire refinery has bolstered its balance sheet
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Greggs opens first airport site in London as it targets transport hubs
Food and Drink
The store puts Greggs on track towards its goal of opening 150 net new shops this year
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Gloucester-based property group invests £6m in two refinancing loans for real estate
Finance
Blackfinch property, the real estate arm of investment company Blackfinch Group completed the deal on behalf of contracting firm Glencar
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Record results for contractor which has worked on the Savoy, Battersea Power Station and Houses of Parliament
Construction
EE Smith Contracts recently worked on the Peninsula London hotel and 'super-prime' London residences
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Global law firm DWF agrees £342m takeover deal with private equity giant Inflexion
North West
As well as Manchester, DWF has UK offices in Belfast, Birmingham, Bristol, Edinburgh, Glasgow, Leeds, Liverpool, London and Newcastle
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Redundancies at BAM construction group amid major regional restructure
Construction
The business is reducing the number of operating regions from seven to five across England
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Village Hotels creates almost 1,000 jobs as it plans further UK expansion
North West
The chain is owned by US-headquartered private equity firm KSL Capital Partners
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Games London launches programme to support business founders from under-represented backgrounds
Black Communities
40 games business founders from under-represented groups will be offered an exclusive series of workshops, mentoring and investor pitching events both in London and overseas
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Latest 2023 UK Diversity Review shows 'promising advancements' in business
London
The DIAL Global Diversity Review looked at 87 of the UK's largest companies including: Alfa, Barclays, Britvic, Havas, KPMG, Pfizer, Royal Mail and more
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