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Edison Group completes the acquisition of GDC Design Ltd
To cap off a busy and productive 2022, Edison Group have just completed the acquisition of the industry leading GDC Design Limited, safeguarding the jobs of everyone already at the company and with an additional 25 jobs within the design, maintenance, and shop fitting specialists expected in 2023. The acquisition of GDC Design Services is …
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Pressat
Community completes epic land buyout in ‘moment of history and hope’
A new nature reserve in the uplands of Dumfries and Galloway has doubled in size with the legal completion of the South of Scotland’s largest community buyout, in what organisers say is a ‘moment of history and hope’ for nature, climate and people. The landmark agreement of £2.2m for 5,300 acres was reached between The …
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Pressat
A New Approach for Type-2 Diabetes: SmarterNaturally Soup
Could a new soup be a game-changer for the seven million patients at risk of developing type-2 diabetes? The Burden of Diabetes World Diabetes Day (14th November) is all about recognising the importance of diabetes as a chronic health condition. Type 2 diabetes makes up 90% of all diabetes, has a massive impact on people’s …
Press Release
Pressat
ABAN AND CLARENCE LAUNCH THE FIRST INVESTMENT DOCUMENT TEMPLATE FOR AFRICAN LUSOPHONE COUNTRIES
The African Business Angel Network (ABAN) has launched an investment document template for Lusophone countries in Africa, the first of its kind. The purpose of the template is to foster, promote and unlock the potential of the Lusophone African early stage investment ecosystem. “The creation of this template is a result of the hard and …
Business
Business Live
Leeds Bradford Airport starts work on terminal modernisation with check-in hall tech upgrade
Long term plans to modernise the existing Leeds Bradford Airport terminal are taking off. Proposals for a new building have been scrapped after a series of delays and a government call-in, and now attention is turning to the existing offer. To improve passenger experience and speed up check-in processes, the airport is optimising available space …
Business
Sky News
Major crypto exchange FTX begins bankruptcy proceedings in US
FTX, one of the world’s biggest cryptocurrency exchanges, is commencing bankruptcy proceedings in the US.Sam Bankman-Fried, its 30-year-old chief executive who once graced the cover of Forbes, is also resigning, days after its bigger rival Binance walked away from a proposed acquisition. His replacement, John J Ray III, said: “The FTX Group has valuable assets …
Business
Sky News
Windfall tax on renewable profits ‘reasonable’, chief says
A tax on bumper profits at renewable energy firms is “reasonable”, the head of Europe’s biggest renewable energy producer has said.Christian Rynning-Tonnesen, the chief executive of Statkraft, said extra taxation was reasonable when renewable firms record whopper profits. “Electricity producers will have to accept some windfall taxation,” he told Sky’s Ian King Live programme.As millions …
Business
Business Live
Why online content creators are key to boosting economic growth
One of my favourite academic books of the last two decades must be the “Rise of the Creative Classes” by Professor Richard Florida. This was one of the first detailed studies of the growing group of individuals who use their creativity and mental labour to earn a living and not only included those in arts …
Business
Business Live
Northumberland family haulage firm acquired by nearby company
A Northumberland haulage business that launched almost a century ago with just four cattle trucks has been acquired. Emmex Freight Services in Morpeth is run by husband-and-wife team Raymond and Sandra Hare, 96 years after Mr Hare’s grandfather James first started a business in the industry in Felton in 1928. Mr Hare joined the family …
Business
Business Live
Onshore wind pledge from Sir Keir Starmer as offshore needs heard at Grimsby operations epicentre
Labour leader Sir Keir Starmer used a visit to Grimsby to meet with senior clean energy industry figures, with an urgent need for a return for onshore wind and further offshore strategy agreed upon. Steps that could help cut bills as quick as possible were under the microscope as he made a rapid return to …
Business
Business Live
Engineering boss Phil Kite turns to alcohol – for new business venture
A former North East engineering firm boss turned ocean rower has launched a new drinks company inspired by his adventures – ahead of starting his next quest. Phil Kite has launched the Adventurers Drinks Company after discovering the long historical connection between adventuring and drinks companies as part of his new sporting adventures. After many …
Business
Business Live
One of Wales’s leading medtech firms Intelligent Ultrasound in £5m fundraising boost
Cardiff-based medtech firm Intelligent Ultrasound has raised nearly £5m to support its growth plans and hitting revenues of £25m in three years. The ultrasound artificial intelligence (AI) software and simulation company, which is listed on the Alternative Investment Marke, has secured irrevocable undertakings from existing and shareholders, which after fundraising expenses, will provide £4.8m in …

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