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29.05.2022 - 03:00
Business
Business Live
Premier League stars in talks to invest in Anthony Joshua-backed Pulseroll
Sitting at a kitchen table, a soon-to-be dad wrote the name of Anthony Joshua on a white board. He had always dreamed about working with the boxing superstar but his IT company wasn’t exactly the right fit. Little did Paul McCabe know that in a few short years, the two-time former heavyweight champion of the …
28.05.2022 - 23:01
Business
Business Live
Hargreaves Services ‘on the up’ after successful move away from coal legacy, says CEO
The chief executive of Hargreaves Services says the group is “on the up” after a difficult five years transitioning away from its roots in the coal industry. Gordon Banham, who owns 8% of shares in the multi-faceted group, said his team is putting North East-cultivated steel making and coal mining skills to use in the …
28.05.2022 - 07:43
Business
Sky News
Beckham-backer ABG in talks to seal £300m Ted Baker takeover
The consumer goods giant which owns a controlling stake in David Beckham’s portfolio of branded products is racing to finalise a £300m takeover of Ted Baker, the London-listed fashion retailer.Sky News has learnt that Authentic Brands Group (ABG), is the preferred bidder for Ted Baker and has indicated that it is willing to pay more …
28.05.2022 - 02:09
Business
Sky News
Easyjet and TUI flights cancelled and long queues at some UK airports as passengers face half-term disruption
EasyJet says it will cancel more than 200 flights over the next 10 days, putting half-term breaks at risk for thousands of travellers.The airline said about 24 flights from Gatwick would be affected each day between now and 6 June. A spokeswoman for the company said: “We are very sorry for the late notice of …
27.05.2022 - 16:39
Business
Business Live
Winners toast success at the Tyneside and Northumberland Business Awards
Teams from some of the region’s best businesses celebrated coveted award wins this week at the first heat of the North East Business Awards. Newcastle Building Society was crowned Company of the Year, and also scooped the Apprenticeship, Training and Skills Award, in a hotly contested heat that will see winners go on to compete …
27.05.2022 - 16:26
Business
Business Live
Hemsley Group completes York city centre regeneration jigsaw with latest retail acquisition
York-based property investment and development specialist, Helmsley Group, has made a key city centre acquisition. In a multi-million pound deal, it has purchased 19 Coney Street – a 50,000 sq ft retail unit currently occupied by Next and Monsoon. The acquisition, from NFU Mutual, is the latest in a series made by Helmsley on the …
27.05.2022 - 16:15
Business
Business Live
Cinema plans unveiled for former Debenhams store
Plans are being drawn up to transform a former Debenhams store into a cinema and leisure complex following the sale of a West Midlands shopping centre. Evolve Estates has acquired the Three Spires centre in Lichfield and has signed a deal to work with the district council on new regeneration proposals for the city centre …
27.05.2022 - 16:04
Business
Business Live
Seeing double – Specsavers partner adds second Hull branch with third to follow
A £150,000 investment is being made by the new joint venture partner of Hull’s Specsavers. David Proudfoot has added the city centre outlet to his original Kingswood Retail Park outlet. A third branch in Cottingham will open later this year, and three new optometrists are being sought to bolster the team. Read more: Bird feed …
27.05.2022 - 15:28
Business
Business Live
Dragon TV and Film Studios in multi-million-pound funding boost
The company behind the Dragon TV and Film Studios in Llanharan has secured £9m in new funding to expand facilities after securing a string of new production projects. The company behind the studios, Shadow Holdings, has secured backing from Bergen Finance in one of its first lending deals since being set up in December last …
27.05.2022 - 13:18
Business
Sky News
Shell says windfall tax ‘creates uncertainty’ about North Sea oil and gas investment
Shell has said the chancellor’s windfall tax “creates uncertainty” about investing in oil and gas in the North Sea.The tax was announced by Rishi Sunak as part of a £21bn support package aimed at helping people cope with the rising cost of living. The measure will see oil and gas firms pay a 25% levy …
27.05.2022 - 11:30
Business
Sky News
Cost of living ‘big bazooka’ will help households through ‘bumpy times’ says PM
Boris Johnson has said a “big bazooka” of cost of living help will help struggling families get through bumpy times ahead.The prime minister was speaking to reporters in Stockton, Teesside, a day after a £15bn package of new measures was unveiled by Chancellor Rishi Sunak. All households will see £400 cut from their energy bills …
27.05.2022 - 11:24
Business
Sky News
British luxury yacht-builder Princess sets sail to find new owners
Britain’s biggest luxury yacht-builder is being put up for sale even as a string of the world’s most valuable private vessels are being seized by governments clamping down on their sanctioned Russian owners.Sky News has learnt that L Catterton, the private equity group, has hired bankers at Macquarie to find a buyer for Plymouth-based Princess …
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