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© 2024 a Reach plc subsidiary
London
17:10, 1 NOV 2023
GSK hikes outlook after launch of new RSV vaccine
Manufacturing
Group expects turnover to grow at vaccines division
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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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Euro Car Parts founder Sukhpal Ahluwalia takes charge at national chain GSF Car Parts and vows to grow business
West Midlands
Ahluwalia Family Office has co-invested in GSF Car Parts alongside private equity firm Epiris
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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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Britannia named worst UK hotel chain for 11th consecutive year
Hotels
Earlier this year, BusinessLive reported that the chain racked up record profits during its latest financial period
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Gloucestershire contractor completes 'record-breaking' air tightness work at London Gateway
Construction
Cold store specialist ISD Solutions were awarded the contract for the new facility in Essex
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Sunak told to get his act together and set date for Midland Mainline electrification
Transport
‘If we’re not proceeding with high-speed rail then we must upgrade our existing infrastructure as a matter of urgency’
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Ethnic minority businesses contribute £25bn to UK economy, according to report
Black Communities
The Lending Standards Board (LSB) highlights the need for more equitable access to finance and the role of banks and lenders in unlocking the economic potential of ethnic minority communities
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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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'It really pisses me off, actually': Matillion CEO on the UK celebrating failure, super frothy valuations and IPO plans
North West
Thousands of companies across the world are customers of Matillion
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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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Law firm Clarke Willmott announces national charity partner
South West
The firm has offices in Bristol and Taunton
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Leonardo Hotels owner loses almost £60m despite sales nearly doubling
Hotels
Leonardo Hotel Management (UK) is owned by Fattal Hotels which was founded by David Fattal who built fortune of around $1.3bn after setting up the chain in 1998
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EasyJet plans to buy new planes and resume dividends after record profit
Company Results
The airline has placed firm orders with Airbus for 157 new aircraft
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London councils warn of financial ‘knife edge’ as overspends grow
Economic Development
Authorities have to make half a billion pounds in savings
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Somerset-based Probusiness acquired by growing London firm
Deals
The Wells-based company was founded more than 20 years ago
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Handmade kitchen business opens Gloucestershire showroom
Offices
Olive and Barr has taken space at Elkstone Studios in the Cotswolds
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Sustainable children's brand inspired by African storytelling expands at pace
Retail
Akwa Baby's bold, unisex prints are designed between London and Lagos and carry empowering messages
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THG activist investor buys stake in global cyber security firm NCC Group
North West
Kelso Group is chaired by former DLA partner Sir Nigel Knowles while other investors include Luke Johnson, Nigel Wray and Umar Kamani
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UK law firm plans Birmingham launch
West Midlands
Spencer West is a fee-sharing practice and has recruited a team of 14 for new city centre operation
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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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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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UK Black Business Show founder on how entrepreneurs and companies can be visibile beyond Black History Month
Black Communities
The UK Black Business Show aims to inspire professionals and entrepreneurs with new insights, skills and knowledge
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