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Next in deal acquiring maternity and baby brand JoJo Maman Bébé
Maternity and baby goods retailer JoJo Maman Bébé has been acquired in a multi-million-pound deal. The Newport headquartered firm, set up nearly 30 years ago by its founder and chief executive Laura Tenison, has been acquired by retail giant Next – which has taken a 44% stake – with the remainder by hedge fund Kempner …
Business
Business Live
Durham Distillery to open £800,000 shop, bar and visitor centre beneath the city streets
Durham Distillery is set to launch an £800,000 Durham city centre base this summer – including an underground distilling room and visitor centre. Founder Jon Chadwick said he wants customers to get “up close and personal” as the location, within the Prince Bishops Shopping Centre, will host a visitors centre and host cocktail making workshops. …
Business
Business Live
People on the Move: key North East appointments and promotions of the week
Mediaworks has appointed Helen Whitfield as its group’s chief delivery officer. She joins the digital agency with 30 years’ experience in leading transformational processes for successful global operators. Most recently, she was COO at NBS, which grew to become a pioneer and disruptor in the construction industry with its SAAS platform. Ms Whitfield said: “I …
Business
Business Live
List of 34 new train stations and wish list schemes leading the UK railway upgrade
While the ‘will it – won’t it’ saga of HS2 has been grabbing all the headlines, there are rail network schemes across the UK that are being built and set to boost regional economies. But for every new station that gets built or upgraded, there are hundreds of others that remain on the wish-list. With …
Business
Sky News
Buyout firms weigh bids for £2bn finance group Together
The founder of one of Britain’s biggest privately held consumer finance groups is in talks about the sale of a minority stake that would yield a windfall worth hundreds of millions of pounds.Sky News has learnt that Together Financial Services, which specialises in areas such as mortgage lending and auction finance, has asked private equity …
Business
Business Live
Llandudno promenade hotel has reopened after two years
A hotel on Llandudno’s promenade has reopened after more than two years following a major investment by the new owners. The town’s Llandudno Bay, Belmont and Queens hotels and Caer Rhun Hall in the Conwy Valley went into administration in 2019 and closed in March 2020. Everbright Hotels revealed last year they had bought the …
Press Release
Pressat
Opening: ‘DeMo’ residency solo exhibitions at CCA Derry~Londonderry
CCA Derry~Londonderry is delighted to invite you to the launch of 4 Ballads by Mark Buckeridge (NI/RoI) and Joiners by Ona Juciūtė (LT), our 2022 DeMo residents. This is the second iteration of our residency programme and partnership with Kaunas Artists’ Houseand the Lithuanian Culture Institute. Entitled DeMo, this biennial programme supports emerging artists to …
Business
Sky News
Chelsea FC sale: Ex-chancellor Osborne signs up to advise Boehly bid
George Osborne, the former chancellor, has been parachuted in to help the Los Angeles Dodgers part-owner Todd Boehly clinch a takeover of Chelsea Football Club that would rank as the most lucrative sports franchise sale in history.Sky News can exclusively reveal that Robey Warshaw, the City advisory firm that Mr Osborne joined last year, has …
Business
Sky News
Twitter adopts ‘poison pill’ strategy to defend against Elon Musk takeover bid
Twitter’s board of directors unanimously adopted a “poison pill” defence in response to Elon Musk’s proposal to buy the company and take it private, the social media giant has said.The strategy is formally called a “limited duration shareholder rights plan” and is used to defend against hostile takeovers. Twitter said the move aims to enable …
Business
Business Live
Garage in Newport sold for more than £100,000 at auction
A garage in Newport has been sold for more than £100,000, having achieved more than seven times its guide price. The semi-detached property at the end of Mendalgief Road in the Pill area of city was sold at auction by Paul Fosh Auctions. Listed with a guide price pf £13,500, bidding over the two day …
Business
Business Live
AbbeyAutoline on acquisition trail with purchase of County Armagh peer BMG Insurance
One of Northern Ireland’s biggest insurance groups AbbeyAutoline has bought County Armagh family-owned brokerage BMG Insurance for an undisclosed sum. The move will see the 13-strong team from BMG Insurance come under the AbbeyAutoline umbrella, marking the latest acquisition for a firm which has grown substantially over the last few years. Established in 1972 by …
Business
Business Live
New five-star Portrush hotel overlooking golf course set to open in 2023
A new hotel in Portrush is set to open its doors in 2023. The Dunluce Lodge will be a new build 35 room, five-star luxury hotel and spa. The hotel will be built overlooking the famous 4th fairway at Royal Portrush Golf Club, with views of Portrush town, Donegal headlands and The Skerries. A management …

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