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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 …
Business
Sky News
‘Watershed moment’ on fuel prices: Warnings of worse to come as petrol passes £7 a gallon
UK fuel prices have soared to new record highs, with the average cost of a litre of diesel rising to £1.61, with no end in sight for spiralling pump costs.Data from Experian Catalist reported by the AA also showed unleaded at £1.55 on Sunday as the impact of Russia’s invasion of Ukraine continued to be …
Business
Business Live
Viridor officially opens £317m Avonmouth waste management centre
Waste management firm Viridor has officially opened a £317m facility in Bristol it says will divert hundreds of thousands of tonnes of rubbish from landfill every year. The firm’s new site at Avonmouth, which has created 125 new jobs, consists of a £252m energy recovery facility (ERF) and a £65m plastic reprocessing plant. The latter …
Business
Sky News
Cost of natural gas smashes past UK records – as fears of energy bills surge rises
The cost of natural gas has smashed past UK records while Brent crude oil has surged to its highest level since 2008 after the US said a boycott of Russian energy imports was being considered, as a further sanction, following President Vladimir Putin’s invasion of Ukraine.The international oil benchmark passed $139 a barrel early on …
Business
Sky News
Accountancy giant PwC to exit Russia as multinational exodus grows
PricewatwerhouseCoopers (PwC) is to cut its Russian firm adrift from its global network in arguably the most significant exit so far by a multinational company since the Putin government’s decision to invade Ukraine.Sky News has learnt that PwC, one of the world’s big four accountancy firms, will announce publicly on Monday that it is cutting …
Business
Sky News
Netflix, American Express and TikTok cut services in Russia
Streaming giant Netflix has become the latest company to stop operating in Russia.It said that “given the circumstances on the ground, we have decided to suspend our service in Russia”. American Express has announced it is suspending “all operations” there, while TikTok users will not be able to upload new content.Amex said it had taken …
Business
Sky News
Caretech founders plot bid to take social care group private
The sibling founders of Caretech are plotting to make an offer for the social care group that would see it delisted from the London Stock Exchange.Sky News has learnt that Farouq and Haroon Sheikh, who set up Caretech in 1993, are in talks to secure the financing required to launch a takeover bid for the …
Business
Business Live
CEO says ‘helicopter money’ worth risk of Covid fraud as fast-growing lender eyes IPO
Getting as close to “dropping money from helicopters” as the UK is ever likely to get during the height of the Covid-19 pandemic was worth risking the potential for fraud, the founder and CEO of a fast-growing alternative finance provider has said. Stuart Law, who runs the Assetz Group of companies in Manchester, added that …

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