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Evening Standard
Cost-of-living crisis to push more retailers to brink in 2023, warn experts
The cost-of-living crisis is set to result in further retail failures over the next year with larger firms positioned to snap up stricken competitors, according to retail experts.It comes after an increase in retail collapses towards the end of 2022, with high profile insolvencies such as Joules and Made.com.Credit insurance specialists at Atradius said there …
Business
Evening Standard
Investors to snap up ‘bargain’ British firms after dearth of deals in 2022
The number of big takeovers and mergers involving UK-listed companies nearly halved this year as investors were deterred by market volatility, political instability and recession fears.But the tide is set to turn in 2023, with buyers eyeing up quality British companies trading at “bargain prices”, experts said.There were 49 bids for London-listed firms this year, …
Business
Business Live
Newcastle Racecourse sees turnover and profits boosted following Covid restrictions
Crowds returning to fixtures at Newcastle Racecourse have delivered a welcome hike in turnover and profit for the company behind the venue. New accounts published at Companies House for High Gosforth Park Limited, which operates the course, show turnover grew from £12.3m to £15.2m in the year to the end of December 2021. Meanwhile operating …
Business
Evening Standard
Passengers face ‘significantly disrupted’ trips into January – Network Rail
Rail passengers have been warned to prepare for “significantly disrupted” travel into the New Year amid a wave of industrial unrest sweeping across the country.The Network Rail warning came as members of the Transport Salaried Staffs’ Association (TSSA) at CrossCountry  staged a 24-hour strike from 9pm on Boxing Day as part of a long-running campaign …
Business
Business Live
Award winning business leaders who inspired us in 2022
From pasty makers to tech pioneers – business leaders up and down the country that have gone the extra mile to impress our business award judges. This year, we have celebrated those individuals that have shown exceptional leadership against a challenging economic backdrop. Here, we highlight some of the winners in our Business Person and …
Business
Business Live
New year, new job: The people taking on new roles in 2023
There have been some significant appointments made in Wales in recent weeks as we enter the new year. In our last jobs round-up of 2022, we take a look at some of those who have taken on new roles in time for 2023. CBI Wales The new chair of CBI Wales Lance Burn Employers body …
Business
Business Live
Joules, Roll-Royce, Raleigh, Derby County and Boots: 20 of the most read East Midlands stories of 2022
There was a great deal of business news in the East Midlands this year – much of it positive, some of it not so positive. Retail featured heavily with brands such as Joules, Next, Shoe Zone, Frasers Group, Topps Tiles and Boots making headlines in the region. There was also a lot of movement in …
Business
Evening Standard
A year of shopping – what we bought in 2022
The cost-of-living crisis has not stopped consumers from indulging in a little retail therapy when the occasion calls for it.Here is a month-by-month rundown of the trends that set Britain’s tills ringing in 2022.– JanuarySo-called “Veganuary” is back and sees Wagamama launch its first vegan fish and chips, contributing to a 12% jump in sales …
Business
Sky News
Boxing Day shoppers up by nearly 40% but still lower than before pandemic
The number of Boxing Day shoppers rose by nearly 40% compared to last year but remained below pre-pandemic levels as cost of living pressures weigh on consumers.More shoppers were drawn to Boxing Day sales this year than last in all retail settings across the UK, according to data from retail analytics company Springboard. By 12pm …
Business
Evening Standard
Energy customers faced unprecedented bills in 2022
The crisis that defined 2022 for many Britons started a few days early for utilities expert Martin Young, as he stared at his computer screen at a new figure that had popped up.Plugging gas and electricity prices into a formula he had designed in December 2021, Mr Young saw before almost anyone else that the …
Business
Business Live
We meet the companies of the year from Reach’s business awards across the country in 2022
As 2022 draws to a close we’re looking back at some of the companies we have recognised as among the best in the business – from engineers to pasty makers. At BusinessLive we’re proud to celebrate business success – and that’s why we’ve held awards across the country in 2022 in partnership with our brilliant …
Business
Business Live
THG, JD Sports, the Issa brothers and Frasers Group: The most headline-grabbing deals of 2022
Some of the largest companies operating in the North West announced numerous high-profile deals during 2022. The likes of JD Sports, THG and Frasers Group were among those to have either sold or bought household names based in the North West over the last 12 months. Below, BusinessLive has rounded up some of the most …

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