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23.07.2022 - 23:01
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 …
23.07.2022 - 14:47
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 …
23.07.2022 - 09:54
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 …
23.07.2022 - 00:59
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 …
22.07.2022 - 21:03
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 …
22.07.2022 - 16:12
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 …
22.07.2022 - 15:57
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 …
22.07.2022 - 15:36
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 …
22.07.2022 - 15:24
Business
Business Live
Bettys & Taylors Group pushes turnover to more than £250m despite pandemic challenges
Yorkshire Tea maker Bettys & Taylors has seen revenues top £250m despite “significant trading challenges”. The Harrogate-based group comprises five Bettys tearooms, an online business, a craft bakery, a cookery school and tea and coffee merchant Taylors of Harrogate. Accounts show that in the year to the end of October 2021 the group made an …
22.07.2022 - 15:02
Business
Business Live
ADVERTORIAL: Private equity partnership helps successful milkshake business grow from strength to strength
When Jodie Howie finished agricultural university in 2003, she spurned a traditional career path, deciding to start her own business instead. “My mum and dad were serial entrepreneurs, so I didn’t even think of getting a job,” she explains. Her first – and only – start-up idea was to create a range of premium milkshakes …
22.07.2022 - 14:55
Business
Sky News
EY’s UK arm drafts in Rothschild as $80bn break-up looms
The British arm of EY, the accountancy firm, has drafted in one of the City’s top investment banks to advise on an impending $80bn break-up that will shake up the global accountancy profession.Sky News has learnt that EY’s UK board has asked Rothschild to advise on the implications of a separation of its audit and …
22.07.2022 - 14:27
Business
Sky News
The Co-op to cut 400 jobs and blames ‘soaring inflation’
Supermarket chain The Co-op is axing 400 jobs at its head office in Manchester after blaming soaring inflation and difficult trading conditions for its poor financial performance.The company has said that supply chain chaos, higher staff wages, and record food prices have slashed its annual profits in half. The retailer’s underlying profit fell by 57% to £100m …
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