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SMD secures first order for electric subsea robots that herald ‘big future’
Underwater engineering specialist SMD has sold the first of its world-leading electric submersible robots – technology bosses say is the future of the 53-year-old business. The Wallsend-based firm struck a deal with Luxembourg-based marine contractor, Jan De Nul Group – an offshore installation contractor that has a cable installation project for the Hornsea 3 wind …
Business
Evening Standard
Bankers Libor case is a tough spot for the SFO
Business
Sky News
Bankers to bowl cricket chiefs over with Hundred sell-off pitch
English cricket chiefs will next week take another step towards a radical revamp of the sport’s ownership structure by launching plans to sell stakes in The Hundred’s eight franchises.Sky News has learnt that the England and Wales Cricket Board (ECB) will interview bankers in the coming days as they prepare to raise funds by recruiting …
Business
Evening Standard
Train drivers mount picket lines outside railway stations as strikes continue
Business
Euro News
Where is the best country in Europe for women to work?
Business
Sky News
‘We can’t afford it’: Problems behind shared ownership as ‘people find it a desperate trap’
Josie Dom, 53, was thrilled when she moved into her new home in October.She bought 30% of it through the shared ownership scheme as an affordable route to home ownership, even if it was only partial ownership. The idea is to help people who would not be able to buy a home outright get on …
Business
Business Live
People on the move: key North East appointments and promotions
Durham based EMG Solicitors is celebrating six senior promotions. The business, which has offices in Durham, Newcastle, Darlington, Penrith and Manchester, has promoted Charlotte Greenwell in Durham to associate in the Court of Protection (COP) health and welfare team, and Mike Cattermole and Claire French are promoted to associate and senior associate in the wills, …
Business
Sky News
Thames Water crisis deepens as holding company defaults on debt
The crisis enveloping Thames Water has deepened after its holding company announced it had been unable to meet a debt repayment. Kemble Water said it missed an interest payment that was due on Tuesday. The firm said it had asked its lenders to take no immediate action so as to “provide a stable platform while …
Business
Evening Standard
UK construction sector emerges from six-month slump and returns to growth
Business
Euro News
Samsung forecasts 10-fold surge in profits as chip downturn eases
Business
Business Live
The financial crisis facing Welsh universities
What is the future of universities? That is the question many have been asking as a financial crisis engulfs the sector across the UK. With home student fees frozen since 2017, universities have focused on attracting more overseas students who can be charged as much as four times more to study than UK students. While …
Business
Sky News
Construction industry returns to growth after months of decline
The UK’s construction industry has returned to growth after six consecutive months of decline, according to a closely watched survey.A boost in civil engineering and a stabilisation in housebuilding helped drive the recovery, S&P Global found. The firm’s purchasing managers index (PMI) score, calculated using the survey results, rose to 50.2 in March.The figure is …

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