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One of Wales’ leading life sciences firms Creo Medical says 2021 revenues will exceed market expectations
One of Wales’ leading life sciences firm, Creo Medical, has seen its share price rally after confirming that revenues for 2021 are expected to be ahead of market expectations at £25m despite the challenges of the pandemic. The Chepstow-based and acquisitive Alternative Investment Market (AIM) listed business, which focuses on the emerging field of surgical …
Business
Business Live
Iceland supermarket chain partners with new supplier network
Iceland and The Food Warehouse have joined forces with global product discovery platform RangeMe to change the way they uncover and source new product. A spokesman said that by tapping into the platform the UK’s leaders in frozen food have unlocked access to more than 800,000 products from over 200,000 suppliers. They added that it …
Business
Evening Standard
Two new women bosses at top UK companies appointed
Business
Sky News
Crackdown on ‘cowboy’ parking firms will cap most fines at £50 and provide new appeals system
Plans for a crackdown on “cowboy” parking firms will cap many fines at £50 and introduce a new code of conduct to better protect motorists, according to the government.Ministers said that millions would benefit from an overhaul following years of complaints over unfair and extortionate charges. The package of measures will see the majority of …
Business
Euro News
Preventing another gang rape: Is Facebook’s new tool enough to stop sexual assault in the metaverse?
Business
Sky News
Paper supply problems delay vote on £1.5bn II takeover
It will rank as one of the more unusual reasons for delaying a vote on a major corporate deal: Abrdn, the FTSE-100 fund manager, has been forced to wait to ballot its shareholders on a £1.5bn takeover of the stock-picking platform Interactive Investor (II) because of an international paper supply crunch.Sky News understands that abrdn …
Business
Sky News
Cutting VAT on energy bills would be ‘regressive’, business secretary says
The business secretary has again ruled out the prospect of the government cutting VAT on energy bills to provide further support as the cost of living continues to rise.Kwasi Kwarteng told Sky News the move would be “quite regressive” because “rich people will benefit just as much as people on lower incomes”. “That’s not something …
Business
Business Live
Popular Ullswater hotel becomes Inn Collection Group’s latest addition
The Inn Collection Group has announced its first acquisition of the year after snapping up a popular Lake District hotel. The Alnwick firm has bought the 38-room The Glenridding Hotel in Glenridding, Ullswater, for an undisclosed sum, taking its Lake District portfolio to nine and its overall site count to 28. The Glenridding Hotel is …
Business
Business Live
National Apprenticeships Week: Experts reveal what more needs to be done to fill ‘huge number of vacancies’
The apprenticeships sector in Greater Manchester is in a “really strong position” but there is still more work to be done to fill the “huge number of vacancies” in the region and encourage employers to take part, according to a pair of experts. The annual National Apprenticeships Week is due to be marked from Monday, …
Business
Business Live
Ex-Derby County owner Mel Morris offers to take on Boro and Wycombe compensation claims to help make way for new owners
The man who owned Derby County before it went into administration has offered to take over financial claims that Middlesbrough and Wycombe have made against the Championship club to make way for a takeover. In a statement on Friday, Mel Morris said: “I invite Boro, and in due course Wycombe if they so wish, to …
Business
Business Live
Drop the economic boasts and focus on growth, business leader tells Government
The head of the CBI has dismissed Government boasts about the health of the UK economy and called on Ministers to develop a serious plan for growth. On a visit to Newcastle, CBI director-general Tony Danker downplayed Government claims about the country having the fastest-growing economy of top nations, and instead pointed to official forecasts …
Business
Sky News
Johnson in talks with Australian bank Macquarie over £10bn investment
Downing Street is in talks with Macquarie Group, the Australian lender, to secure a headline-grabbing £10bn investment in British infrastructure that would represent one of the largest-ever such commitments by an overseas company.Sky News has learnt that officials at Number 10 have been negotiating with executives at the bank about the plan – which would …

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