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06.01.2023 - 17:25
Business
Business Live
Seaweed farming’s role in biodiversity gets backing from wind giant
Wind farm developer Orsted has teamed up with a Yorkshire marine farmer to explore the use of seaweed cultivation in improving ocean biodiversity. The Danish giant, behind the world-leading Hornsea Zone and the Grimsby-based East Coast Hub from where operations are conducted, is working with SeaGrown. The pair will develop biodiversity monitoring and measurement guidelines. …
06.01.2023 - 16:17
Business
Evening Standard
Starling boss says profits to quadruple this year as bank now a ‘big player’
The boss of Starling has said the digital bank expects to more than quadruple its profits in 2023 after a strong performance in December.Anne Boden, the chief executive and founder of the UK bank, cheered its profitability, surging customer base, and lack of reliance on a “silly valuation” to raise cash.In her new year update, …
06.01.2023 - 15:48
Business
Business Live
Elon Musk and the drama of his Twitter acquisition
Even the wealthiest can’t buy a crystal ball – but if they could, do you think Elon Musk would have gone ahead with the purchase of Twitter knowing what he does now? None of us know the answer to that either, but when the wealthiest man in the world reportedly loses that title after taking …
06.01.2023 - 15:41
Business
Business Live
Tech firm Flyform targeting rise in revenues to £21m this year
A Cardiff-based technology solutions provider is aiming to grow revenues to £21m this year. To support its growth plans the Elite ServiceNow partner FlyForm has appointed Rob Rees as managing director. Founded in 2015, the business solves client problems using the cloud-based automation platform to help companies transform the way they work to drive discipline, …
06.01.2023 - 15:33
Business
Business Live
List of first UK space satellites, the firms behind them and what they’re for
The UK’s first ever satellite launch is due to take place from Cornwall in January. A launch window opens from January 9 to allow for the horizontal space launch from Cornwall Spaceport. Preparations are in their final stages for Virgin Orbit’s rocket – Launcher One – to take off, carried on the wing of a …
06.01.2023 - 13:08
Business
Sky News
British Airways reveals first uniform change in 20 years
The UK’s flag carrier airline has rolled out its first uniform change in 20 years, offering its 30,000 workers a choice of jumpsuits, hijabs, three-piece suits, and tunics.From spring this year, engineers and ground handling agents will be dressed in the designs of fashion designer, Ozwald Boateng, with cabin crew, pilots and check-in agents making …
06.01.2023 - 12:18
Business
Sky News
Train strikes: Why the numbers don’t add up to a rail deal
Rail minister Huw Merriman will meet union leaders including Mick Lynch of the RMT on Monday after three weeks of unseasonal disruption left the two sides apparently as far apart as ever.While both say they are ready to talk, unions remain committed to further strikes if required and the government is legislating to limit industrial …
06.01.2023 - 10:32
Business
Business Live
Timpson rescues watch and jewellery repairer In Time saving 110 jobs
Timpson has rescued watch and jewellery repairer In Time which collapsed in the days running up to Christmas. The Manchester-headquartered company has acquired 35 shops and taken on 110 new employees. In Time, which has its head office in Southport, has been trading since 1981 and had previously operated around 50 branches. READ MORE: Click …
06.01.2023 - 10:23
Business
Business Live
New £100m Humber ferry terminal proposal submitted to Planning Inspectorate
The development consent order application for Immingham Eastern Ro-Ro Terminal, the £100 million port expansion from ABP, has been made. National Infrastructure Planning has received the documents outlining the proposal, which will feature a new multi-vessel jetty, terminal buildings, as well as improved hardstanding, a new road bridge over existing infrastructure and access roads. It …
06.01.2023 - 10:22
Business
Business Live
Twenty years as a columnist scrutinising the Welsh economy and decision-makers
It was twenty years ago today. No, I’m not referring to the famous line from the Beatles’ Sergeant Pepper’s Lonely Hearts Club Band, but to the time when I wrote my first business column for the Western Mail back in January 2003 when it was still a broadsheet. Fast forward to 2023, and over 800,000 …
06.01.2023 - 10:14
Business
Business Live
Owners of The Salty Dog in Bangor, Co Down, to pass business to new family after 12 years
The owners of a popular hotel and restaurant in Co Down have announced they will be stepping down after 12 years and handing the reins over to a new family. The Sharp family, who own The Salty Dog Hotel and Bistro, made the announcement on social media on Wednesday. They said: “It has been an …
06.01.2023 - 10:07
Business
Business Live
Topps Tiles board vows to fight off shareholder bid to oust chairman and take greater control of business
Management at Topps Tiles say they are fighting off a bid by its biggest shareholder to take greater control of the business. Austrian investment firm MS Galleon GmbH wants to remove chairman Darren Shapland and bring in two members of its own team as non-executive directors. The changes have been put forward as resolutions at …
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