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SME business park Hillmorton Craft Studios sold
A business estate that is home to small companies in Warwickshire has a new owner. Hillmorton Craft Studios has been acquired by Warwick-based Prova Investments from property investment company The Wigley Group which has its headquarters in Warwickshire. The site in Rugby has 11 units which are all fully let. Terms of the deal were …
Business
Sky News
Labour squeeze drives record pay for seasonal workers but job satisfaction suffers
People who have taken a job to cover high demand in the run-up to Christmas are enjoying record levels of pay, according to a report which credits the country’s labour shortage.But employment insights firm Glassdoor said all was not rosy for the seasonal worker as its data also showed that job satisfaction had slumped amid …
Business
Sky News
Stock markets stage recovery despite ominous Omicron implications for global COVID fightback
Stock markets across Europe have recovered some losses at the open despite lingering fears the Omicron variant will knock the global economic recovery from coronavirus pandemic damage.Following a bloodbath for shares globally on Friday, that saw the FTSE 100 in London suffer its worst daily percentage losses since June 2020, values rebounded somewhat. However, market …
Business
Sky News
Deliveroo picks Goldman as broker despite US bank’s role on IPO flop
Deliveroo is close to naming Goldman Sachs as one of its new brokers, eight months after the Wall Street bank played a major role in what became one of the London stock market’s most calamitous listings.Sky News has learnt that Deliveroo is close to finalising the appointments of Goldman and Barclays as joint corporate brokers …
Business
Business Live
Business support hub celebrates major milestone after securing more than 25,000 jobs
One of the most important business organisations in Greater Manchester is marking a major milestone after having helped create more than 13,600 jobs and safeguard another 12,000 over the last decade. The GC Business Growth Hub is celebrating its ten-year anniversary this month after achieving phenomenal success since it was first launched. Since being established …
Business
Business Live
Opportuni makes acquisition in bid to help more firms win Government tenders
A North East company that aims to help companies win more work from public procurement has acquired a leading website. Teesside firm Opportuni – which bills itself as ‘Tinder for Tenders’ – has acquired the Bidstats procurement website, which claims to have the largest and most comprehensive source of contract award data in the UK. …
Business
Business Live
Newcastle energy firm Green Supplier collapsed with major debts, report shows
Green Supplier Limited collapsed owing more than £42m to creditors, having failed to make a profit during two years of trading, documents have revealed. Newcastle based Green Supplier Limited become the fifth energy supplier to go out of business in a month in September, as rocketing gas prices put massive pressure on the sector. Many …
Business
Business Live
North East business groups aim to make ‘good work’ a legacy of the pandemic
“At a time when many UK businesses are finding it hard to recruit and retain talent,” said Newcastle bank Virgin Money this week, “offering a comprehensive and market leading employee benefits package is vital.” The company’s statement came as it launched a new employee reward package called A Life More Virgin which will give staff …
Business
Euro News
COVID fears dampen trade at Europe’s Christmas markets
Business
Euro News
‘No good for anyone’: Portugal’s new ‘game changer’ remote work law panned by critics
Business
Sky News
Holiday camp chain Butlin’s to be put up for sale amid staycations boom
The owner of Butlin’s is preparing to put it up for sale amid a boom in British staycations, sparking a potential bidding frenzy for the country’s best-known chain of holiday camps.Sky News has learnt that Bourne Leisure, which also owns Haven and Warner Leisure Hotels, recently picked investment bankers to conduct an auction of Butlin’s …
Business
Business Live
Humber LEP legacy to be explored at event to mark a decade of delivery
A celebration of Humber Local Enterprise Partnership’s achievements is to be held this week. The reflection of a decade supporting economic growth in East Yorkshire, Hull, North Lincolnshire and North East Lincolnshire will take place, highlighting various projects backed while the organisation was in operation. As extensively reported, government insistence on single LEP representation for …

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