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Midlands universities launch new £250m investment vehicle
A £250 million investment vehicle has been established by eight Midlands universities to accelerate and enhance university spin-out companies in the region. The group has created the new venture with the aim of boosting the commercialisation of spinouts and early-stage businesses rich in intellectual property. Called Midlands Mindforge, it has been co-founded by Aston University …
Business
Evening Standard
NHS leader urges Acas intervention to avert ‘catastrophic’ junior doctor strikes
An NHS leader has urged the Government and junior doctors’ unions to call in the Acas conciliation service to end their stalemate and avoid “catastrophic” strikes.On the eve of what is set to be the most disruptive walkout in NHS history, chief executive of the NHS Confederation Matthew Taylor has said the likely impact is …
Business
Business Live
Logistics firm Owens Group expands operations with warehouse deal
Transport and warehousing firm Owens Group is expanding its operations with a new 60,000 sq ft warehouse in south Wales. The Llanelli-based family-owned firm has signed a five-year lease for the space at C1 trade park in Aberaman. Comprising a warehouse and distribution unit previously occupied by Rocialle Healthcare, the site forms part of Aberaman …
Business
Evening Standard
Tesco profits to come under pressure amid soaring food inflation
Tesco is expected to reveal a dip in profits for the past year as the supermarket group grappled with rampant food and drink inflation.The UK’s largest retailer will update investors and analysts over its financial performance for the year to February in an update on Thursday April 13.A consensus of analysts has said Tesco is …
Business
Sky News
Compass points to US as Paddy Power owner lines up new chairman
The FTSE-100 gambling giant behind Paddy Power is lining up a US-based businessman as its next chairman – a move that will further cement plans to abandon its presence on the London stock market.Sky News has learnt that Flutter Entertainment, which also owns SkyBet and Betfair, is in advanced talks to appoint John Bryant to …
Business
Evening Standard
Ministers insist junior doctors must call off strike action before pay talks
Talks on junior doctors’ pay will only be held if the British Medical Association (BMA) calls off its planned strike, the Government said.Patients face disruption from a four-day strike next week as medics in England walk out in the bitter pay dispute.The BMA had suggested that a “credible” offer from Health Secretary Steve Barclay could …
Business
Evening Standard
Offshore workers to stage 48-hour strike in pay dispute
More than 1,300 offshore workers are to stage a 48-hour strike in a dispute over pay.Unite warned that dozens of oil and gas platforms will be brought to a “standstill” by the walkout from April 24.The union has previously warned of a “tsunami” of industrial unrest in the offshore sector over pay and conditions.Unite general …
Business
Business Live
Tough decisions on holidays and a Welsh tourism tax
With the Easter break upon us, it would be expected that many families would be packing their suitcases and going away for their first proper holiday of the year. However, many of those in the tourism and hospitality industry have expressed major concerns that the current cost of living crisis will have an adverse effect …
Business
Sky News
Pensions lifeboat seeks ‘Kodak Moment’ with sale plot
Britain’s pensions lifeboat is to hoist a ‘for sale’ sign above Kodak Alaris, the photographic equipment group it took control of as part of a rescue of its retirement schemes.Sky News has learnt that the Pension Protection Fund (PPF) has kicked off talks with bankers about an auction of the company behind the ‘Kodak moments’ …
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 …
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 – …
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 …

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