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Business Live
Government’s £685m aerospace boost seen as huge opportunity for South West firms
The Government’s decision to inject £685m into green aerospace research has been described as a “huge potential bonus” for South West manufacturers. Tim Jones, chairman of the South West Business Council (SWBC) has welcomed ministers’ “record” investment into the UK’s aerospace technology research programme, the Aerospace Technology Institute (ATI). He said: “This is a huge …
Business
Business Live
Plans in for £20m development to create almost 100 apartments
Plans have been submitted for a £20m scheme to construct two apartment buildings and create almost 100 flats in Blackpool. A total of 92 homes would be created if the proposals from Coastway Ltd and Headlands Ltd are backed. The New South Promenade project will see two residential developments located along Blackpool’s south shore promenade, …
Business
Business Live
Multi-million pound expansion set to start at Port of Liverpool
A distribution group is set to start a multi-million pound expansion project at the Port of Liverpool next month. Maritime Transport is to increase its based from four acres to ten, with a new storage yard for loaded containers, after it signed an agreement with Peel Ports Group. Construction will start in April and will …
Business
Business Live
Good Energy reports ‘resilient’ results amid energy crisis losses
Green energy firm Good Energy has said the sale of its wind and solar generation assets helped it to navigate the sector’s ongoing crisis, which has seen other suppliers collapse. The Chippenham-based business reported a “resilient” performance during the 12 months ending December 31, 2021, despite pressure from commodity markets and low wind levels. Revenue …
Business
Sky News
Babcock takes flight from aviation emergency arm with sale to Ancala
Babcock International Group, the FTSE-250 government contractor, is in talks to offload the bulk of its emergency aviation services division, which counts Britain’s Air Ambulance fleet among its operations. Sky News has learnt that Babcock is in advanced negotiations with Ancala Partners, a London-based infrastructure investor, about acquiring a substantial chunk of the business it …
Business
Evening Standard
Brexit job losses lower than expected as impact on the City fades, says EY
Business
Sky News
Ukraine, net zero and new technology revive nuclear energy prospects – but don’t expect it to power up for at least 10 years
Last week Boris Johnson met representatives of the nuclear industry at 10 Downing Street to see how the technology could contribute to his Energy Security Strategy.After the PM’s opening remarks, there must have been smiles all round when he said he wanted to see a quarter of the UKs energy coming from nuclear power. That’s …
Business
Sky News
Energy bill spending heads towards highest level since at least the 1950s
We are, the Bank of England governor said on Monday, facing a historic shock to our incomes.In fact, he added, “the shock from energy prices this year will be larger than any single year in the 1970s.” The claim from Andrew Bailey, made at a think tank event in Brussels, is especially striking given the …
Business
Sky News
Europe not heading for recession this year despite Ukraine crisis, says senior US Treasury official
An unprecedented campaign of economic sanctions against Russia is not likely to cause a recession in Europe despite soaring energy prices, a senior US official has told Sky News.In an exclusive interview, Wally Adeyemo, deputy secretary of the US Treasury, said that his country was committed to doing everything it could to help its allies …
Business
Sky News
Heineken and Carlsberg exit Russia with one brand (probably) having more to lose
For the global brewers, as they grapple with changing consumer tastes and gently declining beer consumption in established markets like the US, Germany, the UK and Japan, Russia has been comparatively resilient.Russia, the world’s fifth largest country in terms of overall beer drinking, was one of the few major markets around the world where beer …
Business
Sky News
Chelsea advisers aim for April 18 deadline to present preferred bid to ministers
Ministers and the Premier League will be presented with a preferred bid for Chelsea Football Club in three weeks’ time, paving the way for a change of ownership to take place by the end of next month.Sky News has learnt that a letter sent to the four remaining contenders to buy the Blues over the …
Business
Sky News
Chelsea advisers aim for 18 April deadline to present preferred bid to ministers
Ministers and the Premier League will be presented with a preferred bid for Chelsea Football Club in three weeks’ time, paving the way for a change of ownership to take place by the end of next month.Sky News has learnt that a letter sent to the four remaining contenders to buy the Blues over the …

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