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29.03.2025 - 10:00
Business
Business Live
‘How I launched a luxury British fashion brand’: Jenine Baptiste on the power of creative freedom
Luxury fashion brand Baptiste was launched in 2023 and is based in London. Jenine Baptiste, its founder, employs one member of staff, while also working with other specialists, including a pattern cutter and sample maker. Describe your business in a nutshell. Baptiste is a luxury British womenswear brand. I design visionary collections in limited series …
29.03.2025 - 06:56
Business
Sky News
Coulthard and Humphrey-backed TV producer Whisper screens bidders
The television production company founded by broadcaster Jake Humphrey and former racing driver David Coulthard is in talks with potential buyers about a sale.Sky News has learnt that Whisper Group, which was established in 2010 and won a BAFTA for its coverage of the Women’s Euros in 2022, is working with advisers on a deal. …
28.03.2025 - 09:37
Business
Business Live
Renewables supplier Good Energy hails ‘strong’ performance as it prepares for takeover
Wiltshire-headquartered renewables supplier Good Energy has hailed its “strong” full-year performance two months after agreeing a near £100m deal to be acquired by a UAE-linked company. In a set of unaudited results for the 12 months ending December 31, 2024, the Chippenham-based company reported profit before tax of £6.6m for the year – an increase …
28.03.2025 - 07:08
Business
Sky News
WH Smith name to disappear from the high street
WH Smith has sold its 233-year old high street business to the owner of Hobbycraft in a £76m deal.Sky News revealed in January how a sales process was under way for the arm, which employs roughly 5,000 people and has 480 stores. Modella Capital won the final stage of the auction process in a run …
27.03.2025 - 10:19
Business
Business Live
Plymouth office building to be turned into shops, gym and flats
A former community centre and public sector offices in Devonport could be transformed into a gym and apartments. The Welcome Hall was sold by Plymouth City Council in 2022 after being deemed “surplus to requirements”, having lingered on the market for a year before finally going under the hammer at auction. Owner Sultan Ahmed of …
26.03.2025 - 10:17
Business
Business Live
Private equity trusts like Pantheon International and Patria PE undergo investment shake-up
Private equity trusts such as Pantheon International and Patria PE have experienced significant changes in their investment structures over the past decade. These transformations, analysts suggest, are likely to both reduce fees and enhance returns, as reported by City AM. “There has been a major shift in the composition of many of the listed private …
25.03.2025 - 10:36
Business
Business Live
Labour’s National Wealth Fund branded ‘completely misleading’ by own side
The government has come under fire for allegedly “gaslighting the British public” concerning its National Wealth Fund, following the Treasury committee’s announcement on Monday that it is initiating an inquiry into the new entity. Initially part of Labour’s 2024 manifesto, the National Wealth Fund aimed to amalgamate the British Business Bank with the UK Infrastructure …
23.03.2025 - 05:00
Business
Business Live
What readers think of lockdown decisions five years on
Readers of Reach plc titles across the UK still believe that the country was right to go into lockdown – but opinions vary depending on where you live and which of our titles you read. The Reach lockdown survey was taken by over 15,000 UK readers of titles owned by BusinessLive’s parent company. It shows …
22.03.2025 - 07:03
Business
Business Live
Shop closures continue in North East but pace of decline slows
Shop closures in the North East continued to outpace openings last year but the gap has closed, new figures show. Data from financial services firm PwC found that 502 retail stores, leisure venues and service outlets closed in the North East in 2024 while there were 359 openings. The net closures of 143 stores in …
21.03.2025 - 10:28
Business
Business Live
TSB appoints new CEO amid parent company’s uncertain future
UK retail bank TSB has declared that Marc Armengol is now at the helm as its new chief executive officer. Armengol, stepping up from his role as corporate strategy director within the institution, was selected for leadership duties back in November 2024, as reported by City AM. The executive shuffle came along with the retirement …
20.03.2025 - 10:26
Business
Business Live
UK’s ultrafast broadband expansion set to reach 96% of homes by 2027, Ofcom reports
The UK’s ultrafast broadband roll-out is entering its “final phase” and could reach nearly all homes by 2027, according to Ofcom. The industry regulator revealed that data from telecoms firms suggests 96 per cent of homes and businesses would have access to full-fibre by 2027 with the right investment and regulation, as reported by City …
19.03.2025 - 10:26
Business
Business Live
Tech infrastructure company Softcat beats analyst expectations as profit jumps
UK tech infrastructure company Softcat surpassed analyst predictions last year, with profit growth soaring into double digits over the final six months of the year. The firm’s gross profit rose by 12.1 per cent to £220.2m, exceeding analyst forecasts of £218.3m, as revealed in its half-year report, as reported by City AM. Operating profit also …
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