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Sky News
CBI hands new information to police after report of ‘serious criminal offence’
The scandal-hit CBI, Britain’s biggest employers’ group, says it has passed fresh information to the police relating to a report of a “serious criminal offence”.The body said it was “liaising closely” with officers as it remains mired by allegations of historical workplace misconduct. The allegations culminated in director general Tony Danker being sacked earlier this …
Business
Business Live
Falmouth Docks & Engineering Company secure almost £1m of funding, which could create 2,000 jobs over the next 10 years
Falmouth Docks & Engineering Company has secured almost £1m of funding to undertake an environmental impact assessment (EIA). The A&P owned docks, was awarded £973,292 from the UK Government’s Shared Prosperity Fund in order to inform potential redevelopment supporting the production of cleaner, affordable and secure energy from floating offshore wind in the Celtic Sea. …
Business
Business Live
Dunelm investing in success despite challenging economy
The boss of out-of-town homewares retailer Dunelm said the business is continuing to invest in its future and remains confident for further growth despite the challenges facing the economy. Chief executive Nick Wilkinson said sales figures for the start of 2023 were up 6 per cent year-on-year at £423 million, with growth both online and …
Business
Business Live
New chair of Humber Business Week revealed ahead of launch event
A new chair of Humber Business Week has been unveiled ahead of the 2023 launch. Pat Coyle is to succeed Kath Lavery, and will host this evening’s preview of what is in store for this year’s festival. The director of marketing and client relations at law firm Rollits has been a key figure on the …
Business
Business Live
Business confidence in the South West recovers slightly, but remains fragile
Business confidence in the South West has returned to positive territory but is lagging behind the UK average with companies experiencing some challenges more acutely than in other regions, a new survey has found. The Institute of Chartered Accountants in England and Wales (ICAEW), Business Confidence Monitor for the South West found sentiment at 2.1, …
Business
Sky News
Elon Musk threatens to sue Microsoft
Elon Musk has threatened to sue Microsoft for allegedly using Twitter data without permission.The billionaire’s warning, via a tweet, came after the tech giant revealed it would drop his social media site from its corporate advertising platform. Microsoft‘s service uses AI to help ad buyers manage their social media accounts in one place.Musk said the …
Business
Sky News
Foxtons revenue rise aided by ‘longer non-cancellable tenancy deals’
The London-focused estate agency Foxtons has been accused of “boasting” after recording a 27% leap in lettings revenue, partly aided by a focus on securing “longer non-cancellable terms” from tenants.The company reported a 10% increase in total revenue to £32.9m during the first three months of the year – driven by its lettings division which …
Business
Business Live
Late payments are a worry for three quarters of smaller firms, survey finds
Around three quarters of small to medium sized businesses are worried about cashflow as a direct result of overdue invoices from customers, a study has found. All the SMEs who took part in a survey for Bath-based alternative finance specialist Time Finance, claimed more of their customers had been late with payments, due to increased …
Business
Evening Standard
Disabled entrepreneurs face significant barriers to grow businesses – report
Disabled entrepreneurs face “significant barriers” to start and grow a business, according to a new report.Major systemic changes are needed to make UK entrepreneurship more equitable, accessible, and inclusive for disabled founders, according to Small Business Britain.A survey of 500 disabled business people by the organisation revealed an abundance of skill and ambition, but hurdles …
Business
Business Live
Disappointment as appeal to build 260 new homes on green space in Bristol wins
Homes England has been granted permission to develop new homes on a wildlife-rich meadow in South Bristol. The plans will see 260 homes built on Bristol Meadows, 30% of which will be affordable, as part of an “integrated 20-minute neighbourhood” close to schools, shops and work opportunities. Homes England took its planning application directly to …
Business
Business Live
ProCook kitchenware sales fall nearly 10% amid ‘uncertain’ market
Kitchenware brand ProCook has reported an almost 10% drop in fourth quarter revenue. The Gloucestershire firm, which sells products such as saucepans and baking trays, said revenue in the final quarter to April 2 was down 9.7% at £12.6m, and 9.4% lower on a comparable basis. The retailer said its results reflected “ongoing uncertainty in …
Business
Business Live
Demand boosts Redde Northgate’s full-year profit expectations
North East vehicle hire operator Redde Northgate says it is trading ahead of expectations with strong demand for its services. The Darlington-based plc told investors on the London Stock Exchange there had been demand from for both vehicle rental and accident management services, including growth from major insurance contracts launched over the past 12 months. …

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