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28.04.2023 - 16:11
Business
Business Live
Eastern’s summer schedule takes off from Humberside home
It was definitely the weather to get away… Eastern Airways launched its Summer 2023 flight programme at its home base of Humberside Airport on Friday, with drizzle and a chill dominating northern Lincolnshire. The first flight to Newquay took off, with up to four services a week being operated to Cornwall through to September. Saturday …
28.04.2023 - 15:39
Business
Business Live
The rise of social businesses in Wales
Twenty years ago, I completed my four years of tenure as chairman of Community Enterprise Wales. Established by the late great social activist Angela Elniff-Larsen, the organisation acted as an umbrella organisation and advocate for community enterprises across Wales from its offices in Merthyr Tydfil. As a young academic at the time, that period chairing …
28.04.2023 - 15:05
Business
Business Live
20-year-old tycoon further invests in Morecambe as takeover talks continue
A 20-year-old tycoon who is in the process of taking over Morecambe FC has invested further into the club. Sarbjot Johal could become the youngest owner in the Football League if the deal is completed. The League One club were put up for sale by Bond Group Investments in September as their owners battled the …
28.04.2023 - 15:00
Business
Business Live
New funding boosts expansion and job create at Novocomms
An antenna design firm is promising to create 100 new jobs in Birmingham over the next 18 months following a funding round. Edgbaston-based Novocomms, which specialises in designing and manufacturing antennas for various markets, has moved to new offices and is planning to hire engineers and salespeople. Thirty of the new posts are expected to …
28.04.2023 - 14:36
Business
Business Live
Northern Ireland property market continues to climb as jitters ease
Northern Ireland’s residential property market has shrugged aside recent economic worries to push higher and looks likely to continue on an upward trajectory in the coming months, according to online portal PropertyPal. It reported an uptick in activity, particularly in March, as the economic jitters which took hold in the wake of last autumn’s mini …
28.04.2023 - 11:43
Business
Sky News
‘Bombed-out valuations’ still a worry for the City despite ‘encouraging’ Deutsche Bank takeover
For some time now, the City has been doing some soul-searching over its future.There was a lot of speculation around the time of Brexit that, deprived of the “passport” that enabled UK-based firms to do business in the EU without having permission from each individual country regulator, there would be heavy job losses in the …
28.04.2023 - 10:30
Business
Business Live
East Midlands jobs news from Toyota, Star Trust, Collis, Access Group, WBR Group, Fisher German and more
Here is the latest round-up of movers and shakers from many of the region’s biggest and best known companies. Toyota: Toyota (GB) PLC has appointed Richard Leonard (pictured above) as its new head of PR. Mr Leonard has been brought in to lead the press and PR team for the Toyota and Lexus brands, reporting …
28.04.2023 - 10:22
Business
Business Live
Subsea robotics firm Rovco launches new offshore survey division
Bristol-based subsea tech firm Rovco has launched a new business division to capitalise on what it has called a “crucial industry shortfall”. The company, which provides remotely operated underwater vehicles (ROV) and hydrographic services, said its new arm would specialise in site surveys required prior to the construction of offshore renewable energy assets. The firm …
28.04.2023 - 10:15
Business
Evening Standard
Rise in mortage lending lifts NatWest profits
A surge in first-quarter profit at NatWest helped by a rise in mortgage lending and low bad-loan rates added to signs of a rebound in the UK’s housing market todayThe high street lender lender reported a surge of around 50% in first quarter pre-tax profit of almost £1.8 billion, beating City forecasts. Nonetheless, it shares …
28.04.2023 - 10:10
Business
Business Live
One in six shops in Wales are vacant, new research shows
One in six shops in Wales is vacant, according to new research from the Welsh Retail Consortium. In the first quarter of this year the rate was 16.5%, compared to 16.3% in the final quarter of 2022. However, it was 0.4% improvement on Q1 of last year (16.9%). The vacancy rate in Wales is the …
28.04.2023 - 10:00
Business
Business Live
AU Vodka named the UK’s fastest growing firm
Swansea-based premium vodka venture AU Vodka has been revealed as the UK’s fastest-growing firm. According to the 2023 Growth Index, which is based on revenue growth over the last two year trading period, the company achieved a compound annual growth rate (CAGR) of 413%. Over the period its revenues rose from £1.6m (for which the …
28.04.2023 - 06:27
Business
Sky News
NatWest beats profit expectations with 50% hike on last year
NatWest has beaten expectations by recording a pre-tax profit of £1.8bn in the first three months of the year.This is well ahead of forecasts by analysts of £1.6bn for the quarter and more than 50% higher than the £1.2bn recorded this time last year. It follows rival bank Barclays posting a better-than-expected profit and its …
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