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Dorset recruitment set to expand with headquarter relocation
A growing Dorset recruitment firm is set to relocate to new headquarters as it looks to continue to expand its workforce. Poole-based TeamJobs said the vast majority of its 40 staff will be based at its new office in Fleets Corner Business Park, where it has taken around 3,260 sq ft of space at the …
Business
Sky News
Badenoch to meet business groups amid CBI absence
Kemi Badenoch, the business and trade secretary, will this week hold her first meeting with Britain’s major business groups since the government suspended engagement with the CBI.Sky News understands Ms Badenoch will meet the other members of the so-called B5 on Thursday. The groups – the British Chambers of Commerce, Federation of Small Businesses, Institute …
Business
Sky News
Business insolvencies at post-pandemic high as higher rates add to inflation pain
The number of companies entering insolvency hit its highest level for more than three years in March, according to official figures.Commentators blamed a combination of higher interest rates and wider inflation for the 16% increase recorded last month across England and Wales. The Insolvency Service reported 2,457 corporate insolvencies – up from 1,784 in February.The …
Business
Business Live
South Wales architectural firm acquired by its employees
A Newport architectural firm has been acquired by its employees. Through an employee ownership trust (EOT) deal, leading care sector practice KWL Architects , has been acquired by its staff from the firm’s founding directors Philip Lewis and Neil Ross, who will remain with the business for the foreseeable future. The founder will also becoming …
Business
Business Live
World’s first rail testing centre in Wales partners with Hitachi Rail
The Welsh Government’s flagship Global Centre of Rail Excellence (GCRE) project has signed a memorandum of understanding with Hitachi Rail to test the latest rail technology. The agreement will see transport solutions provider Hitachi Rail test future rolling stock, battery technology, digital signalling and infrastructure monitoring solutions at the rail test centre in south Wales. …
Business
Business Live
Estate agent group’s profits grow amid rising rent inflation
The parent firm of estate agent brands Martin and Co, Hunters and CJ Hole has seen its profits jump amid rising rental inflation. The Property Franchise Group (TPFG), which describes itself as the largest operator of its kind in the UK property market, reported a pre-tax profit of £8.8m for 2022 – up by more …
Business
Sky News
Party’s over for Middleton family as dowry sale looms
Party Pieces, the online party goods supplier founded by the Princess of Wales’s parents, is considering handing a six-figure sum to a buyer as part of efforts to offload the business.Sky News has learnt that a dowry deal is one of the options being considered by Carole and Michael Middleton as they seek new owners …
Business
Business Live
THG reveals takeover approach from Apollo Global Management
Shares in online retail and software giant THG have soared this morning after the Manchester group revealed a preliminary takeover approach. THG, formerly The Hut Group, confirmed it had received a “highly preliminary and non-binding indicative proposal” from Apollo Global Management. Shares in the group rose more than 40% this morning on the news. In …
Business
Business Live
Inflation pressures easing on South West firms, NatWest study suggests
Business activity in the South West has continued to grow “modestly”, as some firms were impacted by staff shortages or lower than anticipated sales, according to a new NatWest report. The bank’s South West PMI Business Activity Index – a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s …
Business
Sky News
Air France and Airbus cleared of involuntary manslaughter over 2009 Atlantic crash
Air France and Airbus have been found not guilty of involuntary manslaughter over the crash of Flight 447 in 2009 that killed 228 people.The Airbus A330 was travelling from the Brazilian city of Rio de Janeiro to Paris when it crashed into the Atlantic Ocean during a thunderstorm in June 2009, killing people from 33 …
Business
Evening Standard
Barclay warns over nurses’ strike impact on emergency services and cancer care
The Health Secretary has warned fresh nurses’ strikes would have a “deeply concerning” impact on emergency services and cancer care.Steve Barclay has called on The Royal College of Nursing (RCN) to accept the Government’s pay offer so the NHS can “get back to focusing on patients”.The RCN announced on Friday its members will walk out …
Business
Evening Standard
Labour vows to end default auto-renewal in crackdown on subscription traps
Labour has pledged to change the law to prevent people from becoming trapped in unwanted auto-renew subscriptions.Businesses would have to offer a default option without automatic renewal under the party’s plans.Customers would be given a choice to opt in to an automatically renewing contract, rather than having to opt out.Citizens Advice research found that people …

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