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Business Live
12 North East companies helping the drive towards net zero
Turntide Transport Formed earlier this year, the Gateshead firm led by electric vehicle veteran Matt Boyle is backed by some high profile investors. With funding from the likes of Amazon and foundations led by Bill Gates and Robert Downey Jnr, Turntide Transport took over Mr Boyle’s former firm BorgWarner Gateshead plus Cramlington’s Avid Technology and …
Business
Sky News
Abrdn in £1.5bn talks to buy DIY stock-picker Interactive Investor
Abrdn, the FTSE-100 asset manager, is in advanced talks to buy Interactive Investor (II) for more than £1.5bn – a deal that will hand it control of one of Britain’s three big DIY stock-picking platforms.Sky News can reveal that abrdn, headed by Stephen Bird, is in exclusive negotiations to acquire II and hopes to strike …
Business
Business Live
The Daily Post/North Wales Live Business Awards 2021 have launched
The Daily Post/North Wales Live Business Awards 2021 – in association with Business Live – is back after the pandemic saw last year’s event cancelled. The prestigious awards – backed by headline sponsor Bangor University – recognise every type of business, from small start-ups to the industry giants of the region. It gives firms an …
Business
Sky News
Five big supermarkets to halve environmental impact of weekly food shop by 2030
The UK’s five biggest supermarkets will try to halve the environmental impact of a weekly food shop by the end of the decade.It is the latest climate promise made during the COP26 summit in Glasgow, and it comes as the UK announces it will lead 45 governments in moving towards more sustainable ways of farming. …
Business
Business Live
More than 700 jobs created as new £90m ASOS fulfilment centre opens in Staffordshire
More than 700 jobs have been created after online fashion retailer ASOS opened a brand new warehouse in Staffordshire. ASOS announced it was opening a new £90 million fulfilment centre on Fradley Park, in Lichfield, earlier this year, after agreeing a 15-year lease with landlord AEW and Allianz Real Estate. Now the state-of-the-art facility has …
Business
Business Live
Tilletts takes proud position in Lightning 50 list after becoming pure e-commerce brand
Fashion retailer Tilletts has made the Lightning 50 list of high-growth e-commerce platforms. It comes after the Cleethorpes-launched business completed its transition from bricks and mortar to online, emerging from the pandemic with growth of 177 per cent – having closed its resort boutique and a sister outlet in neighbouring market town Louth. Now the …
Business
Business Live
In Pictures: The 2021 LeicestershireLive Business Executive of the year Awards
Business
Business Live
Family-owned 5G contractor acquired by £450m-turnover group
A 5G mobile technology contractor based in Widnes has been acquired by a £450m-turnover group. Family-owned Great British Communications (GBC) was founded in 2012 and now has in the region of 200 employees. It is a specialist provider of acquisition, design, build, procurement, installation, commissioning, maintenance and repair services to mobile network operators and is …
Business
Evening Standard
London firms struggling to recruit as Brexit hits talent pool and wages soar, new KPMG report finds
London firms are struggling to recruit staff amid “rapid falls” in applicant numbers in part due to Brexit, a major new report has shown. The Report on Jobs, released on Friday by Big Four firm KPMG and the Recruitment and Employment Federation (REC), found a combination of more job opportunities on offer with a sharp …
Business
Sky News
‘There are only so many hits you can take as a business’: Both sides being hurt by fishing dispute
Brexit is done, and for many, there’s genuine relief it’s over.But ongoing disagreements and post-treaty disputes are having real world costs to businesses who say they feel let down and misled by the Brexit process. The row over fishing rights and the threat of retaliatory action from the French have already cost one oyster producer …
Business
Sky News
New York’s new mayor wants his first three pay cheques in Bitcoin
Eric Adams, the new mayor-elect of New York, says he wants his first three pay cheques in the role to be made out in Bitcoin.Adams, a Democrat and a retired captain in the New York Police Department, will become the second Black mayor of New York when he takes office in January. Responding to Miami …
Business
Sky News
The Co-op Bank is back on an even keel after getting to grip with its costs
Few businesses suffered a more painful or humiliating aftermath to the financial crisis than the Co-operative Bank.The lender opportunistically pounced in 2009 to merge with Britannia Building Society. It was effectively a takeover of the latter but the deal, which had required a change in the law backed by Gordon Brown’s Labour government, proved catastrophic.The …

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