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Why the success of a high growth business is never just down to the founder
Next week, we close the search for the fastest growing firms in Wales which will culminate in a glittering awards ceremony in Cardiff later this year where the achievements of some of the most entrepreneurial Welsh firms will be celebrated. The Wales Fast Growth 50 recognises those group of high growth businesses that make a …
Business
Business Live
Completion of Exeter’s new Marsh Barton rail station just months away
A new rail station for Exeter’s largest industrial estate in Marsh Barton is on track to open this winter. The station, located on the eastern edge of the estate, near the Energy from Waste plant, is being developed by GRAHAM on behalf of Devon County Council. Partners involved in the development of the new station …
Business
Business Live
Bath firm launched to develop ‘ground-breaking’ vaccine storage tech
A new company has been launched out of the University of Bath to develop “ground-breaking” technology designed to prevent vaccines from ‘spoiling’ during transportation. Bio-tech spinout EnsilTech has been formed by chemistry researchers at the university who have been developing a new method which could allow for jabs to remain safe and effective at all …
Business
Evening Standard
Snap shares tank after revenues fall short
Snap shares plummeted 25% last night after the social media firm missed revenue expectations and warned it faces “incredibly challenging” conditions.That makes it just the latest tech giant to disappoint investors amid carnage in the market.The company behind Snapchat posted a loss of over $400 million in the quarter to June, while revenues of $1.11 …
Business
Evening Standard
The economic danger of rivals for No. 10 shooting from the lip
President Bill Clinton’s political adviser James Carville once said, “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody.”To put this in context …
Business
Evening Standard
Homeserve boosts Checkatrade with £4.1 billion takeover on track
Homeserve the domestic repairs and improvements business that was snapped up by Canadian investor Brookfield Asset Management for £4.1 billion has boosted its Checkatrade rating site to almost 50,000 members. In advance of its AGM today the company said  that trading had been “in line with expectations”. The rating site now has 47,000 members.It said that the trading update …
Business
Business Live
Cwmbran warehouse sold to developer behind Cardiff City Stadium
A warehouse in Cwmbran has been bought by the commercial property developer behind Cardiff City Stadium and Capital retail park. The warehouse unit with offices on Avondale Industrial Estate was sold by property consultancy Knight Frank. Acting on behalf of IG Doors Ltd, Knight Frank sold the freehold of the 51,695 sq ft Unit 4 …
Business
Business Live
Plans for former Housing Executive office as bakery chain hope to open another Belfast location
A popular fast-food chain has applied to open another location in a new Belfast city centre office development. The store will open as part of a new £25million office development on Great Victoria Street. The Vantage Belfast will transform the former Housing Executive building into a Grade A office space where employers will be able …
Business
Sky News
Platinum Jubilee failed to prevent fall in retail sales
Retail sales dipped by 0.1% in June 2022, less than experts had expected but continuing a downward trajectory that reflects an economy grappling with record food and fuel prices.Non-food stores, such as clothing and household goods, which slumped by 4.7% and 3.7% respectively, were hit particularly hard, according to data from the Office of National …
Business
Sky News
Airlines must treat passengers better when flights disrupted, say regulators
Regulators have told airlines that they must treat passengers better when dealing with disruption.In a joint letter to carriers. the Competition and Markets Authority (CMA) and the Civil Aviation Authority (CAA) said passengers “could experience significant harm unless airlines meet their obligations”. They said some airlines were not doing enough to avoid “engaging in one …
Business
Sky News
Events group Pollen hires Goldman in scramble to find buyer
An events start-up which raised $150m from blue-chip investors just three months ago has drafted in Goldman Sachs as it scrambles to find a buyer.Sky News has learnt that Pollen, which sells travel experiences incorporating events featuring Duran Duran and Justin Bieber, is working with the Wall Street investment bank on efforts to secure new …
Business
Sky News
Sharp rate rise by European Central Bank may force Bank of England to follow suit
An interest rate rise from the European Central Bank (ECB), its first for 11 years, was always nailed on.Christine Lagarde, the ECB’s president, had already explicitly stated in June that the bank would be increasing its main policy rate by a 0.25 percentage points this month. But the decision took on much greater significance when, …

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