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07.04.2023 - 15:30
Business
Business Live
People on the move: key North East appointments and promotions
Offsite construction and manufacturing specialist Merit has appointed Steve Barrett as operations director. The Cramlington-based firm has promoted Mr Barrett who has more than 20 years of experience and joined Merit in 2021 as project director. He has previously worked in senior operational roles at Jacobs, the international consultancy, and Laing O’Rourke. Merit’s CEO, Tony …
07.04.2023 - 14:25
Business
Business Live
North East innovator Wootzano joins project to combat food picking labour shortages
Robotics firm Wootzano is part of a project that aims to tackle the lack of labour in the UK horticulture industry using technology. As part of ‘Agri-OpenCore’, the County Durham-based company is contributing its know-how to part of the £9.13m programme that aims to develop an open development platform – including software and hardware – …
07.04.2023 - 12:11
Business
Evening Standard
Barclay urged to present ‘credible’ pay offer to halt strikes by junior doctors
Junior doctors’ leaders have made a fresh call for talks with the Government to avert a four-day strike next week in a bitter dispute over pay.The British Medical Association (BMA) said Health Secretary Steve Barclay has had more than 24 hours, and over six months overall, to put a credible offer on the table which …
07.04.2023 - 10:59
Business
Business Live
North Wales holiday park acquired
UK Caravans Direct has acquired Pentre Mawr Caravan Park in North Wales. The holiday park in the coastal town of Pensarn extends to 5.5 acres and offers over 100 pitches. Property advisory firm acted for private clients on the sale, the value of which has not been disclosed. Richard Prestwich, director in Savills’ leisure and …
07.04.2023 - 10:06
Business
Evening Standard
Union warns Royal Navy’s Type 31 frigate could be ‘significantly delayed’
The Royal Navy could see delivery of its Type 31 frigates significantly delayed, a union has warned, as workers at a Scottish yard are poised to down tools for weeks in their battle for higher pay.Around 100 workers at the Rosyth yard employed by contractor Kaefer are set to strike after overwhelmingly supporting industrial action.Bob …
07.04.2023 - 10:00
Business
Business Live
Middle Eastern investors acquire 150,000 sq ft office complex in South Wales
The biggest commercial office investment deal in Wales in the last year has been struck in an eight figure transaction for a 150,000 sq ft office campus in Newport. In its first property deal in the UK, Middle Eastern family real estate firm Al Wazzan (AW Properties) has acquired the three office scheme currently occupied …
07.04.2023 - 09:51
Business
Business Live
Northumberland Estates submits £300m mixed use development plans for North Tyneside
Plans to build a major mixed-use development – including commercial and retail space – near Killingworth have been submitted by Northumberland Estates. The developer, which is the business arm of the Duke of Northumberland and the Percy family, aims to build 452 new homes, as well as a primary and secondary school, a ‘local centre’ …
07.04.2023 - 09:13
Business
Business Live
Titanic Distillers to create 41 jobs as Belfast’s Pumphouse distillery opens
Around 41 jobs are to be created at Belfast’s first working distillery in nearly 90 years when it opens its doors in the Titanic Quarter at the end of this month. Titanic Distillers, the company behind the project, said it has invested some £8 million in converting the Titanic Pumphouse into a new distillery and …
07.04.2023 - 08:35
Business
Business Live
Fashion entrepreneur launches ‘slow fashion’ pop-up in Newcastle’s Ouseburn as precursor to fixed store
A fashion professional who returned to Newcastle during lockdown has launched a pop-up shop dedicated to pre-owned and dead stock designer clothing. Sophie Cabourn, whose father, Nigel Cabourn, is a cult vintage clothing collector and designer, has opened RE:BOURN in the Bottleworks gallery space on Ouseburn’s Riverside Walk. The store – which is open until …
07.04.2023 - 08:28
Business
Business Live
Employers warming to four-day week if workers compromise on home working
More Northern Ireland employers are warming to the idea of a four-day week if workers compromise on home working. That is the finding of a new report from recruitment company Hays which surveyed 464 employers and employees throughout Northern Ireland, unveiling overwhelming support from the latter for a four-day week. Over 70% of workers said …
06.04.2023 - 16:41
Business
Sky News
Less than 3% world economic growth predicted due to geopolitical divisions and US bank failures – IMF chief
High interest rates, US bank failures and geopolitical divisions in Europe are reasons why the world economy is expected to grow less than 3% in 2023, the chief of the International Monetary Fund (IMF) has said.The growth is down from 3.4% last year, and even further below the average of 3.8%, increasing the risk of …
06.04.2023 - 14:15
Business
Sky News
Home Office ‘demonising’ illegal immigrants by shutting down bank accounts in new crackdown
Illegal immigrants will have their bank accounts shut down in a new crackdown by the Home Office – who have been accused of “demonising” asylum seekers.The Home Office announced it began sharing data with the financial sector on Thursday so it can refuse to open new bank accounts and close existing accounts of people who …
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