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22.11.2022 - 09:55
Business
Business Live
Leeds’ Tissue Regenix Group strikes agreement with German distributor
Regeneration medtech company Tissue Regenix Group has agreed a deal with German distributor 2med GmbH. It means the Hamburg-based operator, which specialises in products for the surgical and orthobiological treatments of the musculoskeletal system, will use Tissue Regenix’s patented dCell technology in its OrthoPure XT which is used in cruciate and knee ligament reconstruction. At …
22.11.2022 - 09:53
Business
Business Live
Team Valley’s Reading Solutions targets UAE expansion following management buyout
A North East firm that sells digital education products has its sights set on the United Arab Emirates market following a management buyout. Reading Solutions UK is now led by Ian Fitzpatrick, who joined the founder Michael Walker not long after the business was launched in 2014. The deal means Mr Fitzpatrick is now managing …
22.11.2022 - 09:49
Business
Business Live
Cranswick resilient against the economic crunch as Hull ‘home’ of McCrispy kicks on
Pork and poultry giant Cranswick has reported a resilient first half performance against some of the biggest challenges ever seen. The Hull-headquartered company supplies major retailers and leading foodservice outlets, with the McCrispy now produced by a heavily invested city factory. A £32 million addition to its Sutton Fields campus, the breaded poultry facility was …
22.11.2022 - 09:44
Business
Business Live
Bournemouth phone systems firm secures second deal in six months
A Bournemouth-based telecoms equipment supplier has completed another acquisition within six months of its first ever buyout in its 23-year history. 4Com, which supplies phone systems to more than 10,000 businesses, has followed up its purchase of West Bromwich outfit Midshire Telecom in May, by buying up Norwich-based Eastern Voice and Data for an undisclosed …
22.11.2022 - 09:40
Business
Business Live
Plans lodged for new BBC centre in Birmingham
Plans have been submitted for the regeneration of a historic Birmingham factory to create a new home for the BBC. City developer Stoford is leading the project to revamp the old Typhoo Wharf warehouse in Digbeth to make a base for various departments of the broadcaster including The Archers, Asian Network, Newsbeat and local Midlands …
22.11.2022 - 09:21
Business
Evening Standard
Private healthcare for £4.50 a month? Yes, it is possible
On Sunday morning I had a call from an ex-partner, Valentina, who had crippling stomach pain and she was panicking about the prospect of having to seek medical help.There was no realistic chance of getting a last-minute GP appointment without paying a lot for a private appointment. Recent headlines of chronic ambulance shortages, nursing strikes …
22.11.2022 - 09:04
Business
Evening Standard
Fears of Christmas cash shortage as G4S staff vote for December strike
Around 1,200 G4S security staff who deliver cash and coins have voted to strike in December, prompting fears of shortages ahead of Christmas.The industrial action could impact the supply of cash and coins at banking clients such as Barclays, HSBC and Santander, and supermarkets including Tesco, Asda and Aldi.The GMB union said it will be …
22.11.2022 - 08:59
Business
Sky News
UK economy ‘to be worst hit’ of all G7 nations
The UK economy is to suffer the biggest hit of all the G7 nations next year, a report has forecast.The economy is to contract more than any of the other six countries that form the group of the world’s largest industrialised democracies, according to forecasts from the Organisation for Economic Cooperation and Development (OECD). GDP, …
22.11.2022 - 08:35
Business
Sky News
Forecasts, though routinely wrong, are still worth listening to
“There are two classes of forecasters: those who don’t know and those who don’t know they don’t know.” John Kenneth Galbraith, the esteemed Canadian economist, could have added a class of politicians to the mix – those who don’t know the point of it all.Economists are routinely lambasted when their forecasts turn out to be …
22.11.2022 - 08:08
Business
Evening Standard
Government borrowing grows to £13.5bn amid energy support scheme costs
Economists warned on Tuesday the UK’s public finances are set to get worse after new official figures showed the country’s borrowing hit £13.5 billion in October.Although the borrowing numbers were better than the City had expected, it was £4.4bn more than the same period last year and the fourth highest October figure on record.The fresh …
22.11.2022 - 08:05
Business
Evening Standard
AO World reveals widened losses amid cost crisis, but insists actions paying off
Online electricals retailer AO World has posted widened half-year losses after sales fell, and cautioned trading will be remain under pressure amid the cost-of-living crisis and supply chain woes.The group reported pre-tax losses of £12 million for the six months to September 30, against losses of £4 million a year earlier, as revenues tumbled 17% …
22.11.2022 - 06:36
Business
Sky News
Government borrowed fourth highest amount last month since records began
Government borrowing leapt above COVID-19 levels to reach the fourth highest monthly amount since records began in 1993, official data shows.The Office for National Statistics (ONS) reported that public sector net borrowing came in at £13.5bn in October as the energy bills support scheme were rolled out. The figure is actually £7.5bn less than economists …
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