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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 …
Business
Business Live
People on the move: key North East appointments and promotions
A new IT leader and five new fee earners are the latest in a series of appointments at Mincoffs corporate and commercial law firm. Chris Kewin brings more than three decades of expertise to his new role as IT manager at Newcastle-based Mincoffs Solicitors, while the firm has also welcomed two solicitors, two trainee solicitors …
Business
Business Live
Dorset firm REIDsteel says CBI misconduct claims were ‘shocking’ – and that it almost quit the organisation
A Dorset firm has revealed it had thought to “break all ties” with the Confederation of British Industry (CBI), following allegations of workplace misconduct at the employers’ organisation. The boss of structural engineering business REIDsteel Simon Boyd, who is a founding member of the CBI’s manufacturing council, has condemned the “shocking” reports of “unacceptable behaviour” …
Business
Business Live
ResQ to create 290 more jobs in Hull as it secures £750,000 grant to expand within city centre
Call centre specialist ResQ is to create 290 new jobs as it expands its city centre presence, taking over a second floor in the Hammonds of Hull building. The outsourcing giant supports the likes of Vodafone and British Gas, and already employs 2,000 people. It has secured a £750,000 Levelling Up Fund grant through Hull …
Business
Business Live
Creditors unlikely to see a return following Grimsby fish processor collapse with debts of over £3m
The failure of Grimsby fish processor Cook and Lucas may leave Barclays with a £1.2 million hit after assets recovered were deemed insufficient to meet its debts. And unsecured lenders also face no returns on a further £1.9 million outstanding following the sudden collapse that cost 80 jobs earlier this year. The company abruptly ceased …
Business
Business Live
Bristol city centre car park set to be redeveloped for flats
Plans to redevelop a Bristol city centre park, and build new accommodation for hundreds of people on the site, have been submitted. Developer Greystar is proposing to replace the NCP Car Park on Rupert Street with a new 400-space facility, and construct new residential buildings, offering 249 co-living and 328 student rooms. According to BusinessLive’s …

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