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Evening Standard
Engineer Spectris scraps £1.7 billion bid for rival over Ukraine uncertainty
Business
Sky News
Car-parts supplier TMS blames Brexit impact as it axes UK operation
A supplier of components to Ford and Jaguar Land Rover (JLR) is closing its UK plant after 60 years in a move that will revive the debate about the impact of Brexit on Britain’s automotive supply chain.Sky News understands that Thermal Management Solutions Group (TMS) has notified staff that it intends to consolidate the production …
Business
Evening Standard
Oil and gas prices rocket, markets shake on global outlook
Business
Sky News
Why a recession is the likely price of a ban on Russian oil and gas
The ​​​​​​​Ukrainian president, Volodymyr Zelenskyy, made his position clear on Monday morning in his latest message to the world: the West must stop buying oil and gas from Russia.Such an embargo would be one of the last remaining trade weapons that the US and its allies could deploy against Vladimir Putin’s regime. The prospect of …
Business
Evening Standard
Wizz Air cuts growth targets after axing flights to Russia and Ukraine
Business
Business Weekly
East Anglia’s Fields of Dreams
“Working with great people makes you great; you learn a lot and it also gives you experience and confidence to move on with your own career.”  This sentiment from American musician Nas seems an appropriate place to start when considering why talented life scientists and entrepreneurs benefit from locating in our region, writes Tony Jones, …
Business
Sky News
Steel tycoon Gupta agrees on tax deal with HMRC
The steel tycoon Sanjeev Gupta has won another reprieve after agreeing a new deal with HM Revenue & Customs (HMRC) to repay tens of millions of pounds of tax liabilities.Sky News understands that HMRC has withdrawn a series of winding-up petitions against parts of Mr Gupta’s GFG Alliance conglomerate after a revised proposal was tabled …
Business
Business Live
ADVERTORIAL: ‘Integral’ skills programme back to bolster North East employability
An award-winning employability programme has made its return to schools after a 20-month hiatus due to the pandemic. For National Careers Week 2022, a group of North East businesses have re-introduced Building My Skills (BMS), an initiative that was founded more than 10 years ago by Esh Construction, Ryder and Arup to showcase a variety …
Business
Business Live
Construction firm Mitnija UK makes £500k loss as Plymouth hotel project stalled
The company building Plymouth’s delayed £9m Moxy hotel has made a loss of nearly £500,000, it has emerged. Mitnija UK Ltd, a British subsidiary of the Lithuanian construction giant Mitnija UAB, slid from a profitable position to a loss in 2021, newly filed documents show. The company’s unaudited financial statements for 2021, newly published, reveal …
Business
Evening Standard
Pity the City analysts trying to guess what happens next
Business
Business Live
Construction of housebuilder’s’ £4.4m Gloucestershire office underway
Work has begun on a housebuilder’s new £4.4m regional office in Gloucestershire. Midlands-based Deeley Construction has started work on Bloor Homes’ new purpose-built 18,000 sq ft base in Tewkesbury. Bloor Homes said it had “outgrown” its base at Furrowfield Park, which has been its home for the past 14 years, and would replace it with …
Business
Business Live
Cardiff has the best rate in the UK between business births and deaths
Cardiff has the best rate in the UK between business births and deaths. New research, conducted by the School of Marketing, shows Cardiff had 72% more businesses opening than those closing in 2021 at 3,460 compared to 2,010. This meant that for every 10 businesses that died, roughly 17 new ones started up. The financial …

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