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Evening Standard
Asos expected to post loss as investors look for signs of growth
Online fashion giant Asos is expected to post another half-year loss and shareholders will hope for signs of improving demand from cash-strapped shoppers.It is among fast-fashion retailers to have become heavily pressurised over the past year by a brutal combination of rocketing costs, supply chain disruption and weaker consumer spending.The FTSE 250 company has seen …
Business
Business Live
Newcastle’s iamproperty sees turnover growth amid acquisitions and strong year for auction business
Turnover has jumped at Newcastle tech firm iamproperty on the back of two acquisitions. The provider of auctioning and sales services to UK estate agents saw turnover leap from £37.8m to £55.1m in 2022, following its purchase of cloud-based property software business VTUK and SDL Auctions’ portfolio of estate agency partners during the year. Co-founder …
Business
Business Live
Former chair of Hodge Bank and Eversheds Keith James has died
One of the most respected and influential figures in the Welsh business community, Keith James, has died after a short illness aged 78. His impressive career saw him becoming chair of legal firm Eversheds in 1995 (now Eversheds Sutherland) where he oversaw impressive growth both in the UK and internationally. Other prominent roles included chairing …
Business
Evening Standard
Pound leaps further as European markets boosted by US job figures
The FTSE swung back higher on Friday as improved US economic data offset the impact of the strong pound.In London, some multinationals were impacted by the currency concerns of the buoyant pound but found extra confidence in better-than-expected jobs figures from the US.The FTSE 100 moved 0.98%, or 75.74 points, higher to finish at 7,778.38.Elsewhere …
Business
Business Live
Welsh demolition firm moves to larger location ahead of MBO deal
One of the fastest-growing firms in Wales has relocated to larger premises at Mamhilad Park Estate as it closing in on completing a management buyout. Having reported growth of 258% between 2018 and 2020, J2R Demolition is now a £3m business employing a team of 19, as well sub-contractors. The company has moved from Blackwood …
Business
Business Live
Parent firm of Wiltshire Farm Foods planning new Trowbridge factory
The parent firm of ready meals brand Wiltshire Farm Foods has announced plans for a new production facility in Trowbridge. European frozen food firm Apetito said it had acquired land from bed manufacturer Airsprung Group, which has a factory shop next to the Wiltshire Farm Food site on Canal Road. Apetito said the deal, financial …
Business
Business Live
Law firm promotions: Fieldfisher, Shoosmiths, Shakespeare Martineau
A law firm has appointed a new leader for its Birmingham office. Fieldfisher has promoted Ranjit Dhindsa after she joined the practice in 2016 following its merger with Birmingham commercial boutique firm Hill Hofstetter. A member of Fieldfisher’s executive committee since 2018, Ms Dhindsa will continue to lead the firm’s practice as UK head of …
Business
Business Live
Luxury Rutland Hall Hotel strengthens wedding offering with picture-postcard pavilion
A luxury hotel and wedding venue on the shores of Rutland Water is nearing the completion of a new 500 seat wedding pavilion. The ‘Rutland Pavilion’ is set to open at Rutland Hall Hotel and Spa’s this summer, and will be available for occasions including weddings, conferences, dinners and award ceremonies. Grace White, weddings and …
Business
Business Live
£600k investment for Lincs start-up helping industry offset carbon emissions
A company set up to help businesses offset their carbon emissions has won £600,000 of investment. Lincolnshire-based rePLANET Wildlife is creating a system of carbon and biodiversity credits for companies to buy in exchange for its work protecting and restoring areas of high nature value. The new company, set up by majority shareholder Operation Wallacea …
Business
Business Live
Manchester Airport unveils plans for 27 new shops and restaurants for Terminal 2 as part of £1.3bn transformation
Plans for 27 new shops and restaurants for Manchester Airport new Terminal 2 as part of its £1.3bn transformation have been revealed. The extended departure lounge is expected to feature a food market alongside a boutique high street-style shopping area including a champagne bar and premium brands, artisan cafes and a brasserie. The plans were …
Business
Business Live
Major commercial agreement signed between GCRE and Transport for Wales
The Welsh Government’s flagship Global Centre of Rail Excellence (GCRE) project has signed heads of terms for Transport for Wales to become a major commercial client. The world’s first rail testing centre in Wales, currently being constructed at the head of the Dulais and Swansea Valleys, is a £400m research, testing and certification facility for …
Business
Business Live
Begbies Traynor strikes multi-million pound deal for chartered surveyors Banks Long & Co
Begbies Traynor Group has bought the Lincoln-based chartered surveyors Banks Long & Co in a deal which could be worth up to £3 million. The national business advisors and restructuring specialist said further acquisitions are also planned. Banks Long & Co employs 38 staff and provides commercial property agency, property management, building consultancy and valuation …

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