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Commercial property rents soar to record high in South West
Rent for new business space in the South West has risen to record levels as post-pandemic demand continues, new research reveals. Increases in office and industrial rents have in part been driven by construction cost inflation, but the main cause is demand outstripping supply, according to the latest Market Monitor report by commercial property firm …
Business
Sky News
Ryanair warns of rising fuel costs – while reporting profit in first quarter
Ryanair has warned that rising fuel prices will increase costs despite reporting a first-quarter profit. The airline industry has been impacted by significant disruption at airports and the Ukraine war but the budget airliner reported profits after tax of €170m (£145m) in Q1 (April to June 2022) against net losses of €273m (£233m). Passenger numbers …
Business
Sky News
Barclays snaps up stake in $2bn cryptocurrency firm Copper
Barclays is taking a stake in Copper, one of the most prominent names in the fast-evolving cryptocurrency sector, even as the industry continues to be rocked by a swathe of bankruptcies.Sky News has learnt that the UK-based bank is among a crop of new investors joining a funding round for Copper, which counts former chancellor …
Business
Business Live
Growth eyed by fledgling firm after going viral on TikTok and winning celebrity fans
The boss of a fledging business has outlined his plans for growth after it became a TikTok sensation and welcomed a raft of celebrity fans. James Leinhardt launched Levitex in 2019 when its Kickstarter campaign smashed its original target of £10,000 to end up raking in more than £32,000 from over 440 worldwide backers. The …
Business
Business Live
Durham firm Plexus Innovation gets backing to expand into new markets
A Durham technology company which has trebled in size in the past two years has raised a further £480,000 to help it expand into new markets. Plexus Innovation has developed Guardian, a remote, automated alert system for care homes and social housing providers, which helps them with important compliance issues and reporting. Guardian focuses on …
Business
Business Live
The Big Interview: Lucy Winskell on a new chapter in her professional life
Lucy Winskell is, by any standards, one of the best connected people in the North East. For the last 12 years – and a few more weeks – she has been pro vice chancellor of Northumbria University, one of the few non-academics in senior positions at the institution and very much its main link to …
Business
Sky News
Insolvency Service puts Greensill bosses on notice over probe
The Insolvency Service has written to Lex Greensill and other former directors of the supply chain finance group which bore his name as it intensifies a probe that could trigger formal proceedings to disqualify them as company directors.Sky News has learnt that the unit which investigates corporate collapses in Britain has submitted a series of …
Business
Sky News
The next rail strike: What you need to know as industrial action continues
More than 40,000 rail workers will strike next week after talks failed to resolve a dispute over pay, jobs, and conditions.Members of two unions will walk out on Wednesday, 27 July, affecting rail services across the country – the latest industrial action adding to the country’s transport woes. Who is going on strike?Members of the …
Business
Business Live
Meet the sailboat pioneers turning the tide on global shipping
A one tonne shipment of wine from Portugal for one of the UK’s most prestigious hotels is marking a new era of growth for a Cornish business reviving sea freight under sail. Alex Geldenhuys, founder of Falmouth carbon neutral shipping company New Dawn Traders, is among a growing band of eco-entrepreneurs opening up trade routes …
Business
Business Live
Net zero consultancy ClearVUE.Business creates jobs following significant contract wins
A specialist consultancy that helps businesses reduce energy consumption is expanding with the creation of around 40 jobs. ClearVUE.Business, which has its head office in Gateshead, has developed technology that can give companies detailed information about energy usage – helping them on their way to achieving net zero and save money. The firm, which currently …
Business
Sky News
Twitter takes aim at Musk deal for poor results
Twitter has missed its expected earnings, partially blaming the disappointing financial results on Elon Musk’s botched takeover of the social media network.The world’s richest man said he was pulling out of a deal this month to buy the tech firm for $44bn (£36.6bn), and the company is suing him to try to force him to …
Business
Business Live
ADVERTORIAL: Pattersons Commercial Law supports the LeicestershireLive Business Awards 2022
Championing our region’s businesses is at the heart of everything Pattersons Commercial Law does. So it’s no surprise that the company, established in October 2016 with a core focus on advising small and medium enterprises, should mark its fifth anniversary by sponsoring both the NottinghamshireLive Top 200 Companies list and the LeicestershireLive Top 200 Companies …

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