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Washington’s Turnmill Engineering unveil plans to expand into offshore wind supply chain
A North East engineering company has launched plans to expand into the offshore wind sector as it explores new markets. Turnmill manufactures fixtures and machine components predominantly for automotive, pharmaceuticals, motorsport and construction businesses, while also helping companies and individuals to develop concepts and prototypes. Now the firm, based at Washington Business Centre, Sunderland, has …
Business
Sky News
Co-operative Bank in shock merger approach to rival lender TSB
The Co-operative Bank has made an audacious approach about a merger with TSB in a move that could trigger a fresh wave of consolidation among Britain’s mid-sized lenders.Sky News has learnt that the Co-operative Bank contacted TSB’s Spanish owner, Banco Sabadell, earlier this month to gauge its appetite for a deal. Image: TSB’s Spanish owner …
Business
Business Weekly
How far will Government go in enhancing flexible working rights?
Last month’s consultation on flexible working is the first step towards the Government’s manifesto commitment of making it the “default”, writes David Mills of law firm Mills & Reeve. But what will that mean in practice? The main change is likely to involve removing the six month qualifying period, so it becomes a day one right. …
Business
Business Live
LEP chair issues Net Zero rallying call to PM ahead of COP26: ‘Put the Humber first’
The Prime Minister has been called upon to put the Humber first when it comes to the race to Net Zero. Chair of the Hull and East Yorkshire Local Enterprise Partnership, James Newman OBE, told more than 100 delegates at a COP26-affiliated event that the region is “a significant example of what a perfect storm …
Business
Business Live
US firm swoops for Yorkshire salvage specialist Synetiq in £225m deal
A Yorkshire based salvage and vehicle dismantling company has been acquired by a US group in a £225m deal. IAA Inc, a global digital marketplace connecting vehicle buyers and sellers, has struck the deal to acquire Doncaster headquartered Synetiq Ltd. Founded in 2019 from the merger of four entities, Synetiq provides salvage auction services for …
Business
Business Live
Jewellery entrepreneur pens new e-commerce enterprise after lockdown success
Successful jewellery entrepreneur Shaun Bell is aiming to write a further chapter in his business career – with the launch of a luxury pen ecommerce brand. The founder and director of Hessle’s Joshua James Jewellery has dealt with the likes of Swarovski, Nomination and Thomas Sabo for more than a decade. Now under the Pen …
Business
Euro News
Electric vehicle and plug-in hybrid car sales soar in Europe as petrol and diesel demand drops
Business
Business Live
DerbyshireLive Business Awards 2021 – Winners’ Gallery
Business
Business Live
Why the Humber Express is greeted like its Polar namesake as Christmas comes calling and containers abound
An early Christmas present to the under pressure ports and logistics community, the Humber Express may well feel more like the silver-screen famed Polar version to many. And while it has been pointed out it is not a magic bullet, the diesel loco delivering containers from around the globe to the heart of the UK’s …
Business
Euro News
Chip crunch to hit Renault production more than forecast as semiconductor crisis deepens
Business
Sky News
Rapid grocery delivery app Zapp joins sector fundraising boom
Zapp, one of the new breed of rapid grocery delivery apps engaged in a battle for share of British shoppers’ wallets, is opening talks about a new round of funding less than seven months after tapping investors for nearly $100m (£72.5m).Sky News has learnt that Zapp has hired JP Morgan, the Wall Street banking giant, …
Business
Business Weekly
Darktrace backs Biden strategy as market cap nears $10bn
Cambridge-based cyber security world leader Darktrace saw its market cap soar closer to the magic £7 billion landmark today – making it arguably one of the most valuable tech businesses Cambridge has ever produced. It equates to not far short of $10bn in US currency. The share price was up 16p to 966p this morning …

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