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Business Live
Law firm makes modest progress in pandemic year as turnover nudges over £9m mark
Prominent pan-Humber law firm Bridge McFarland saw turnover increase slightly and margins widen in its latest results. The Grimsby-founded limited liability partnership, now headquartered in Lincoln, brought in fees of £9 million in the year to April 30, 2021, up from £8.9 million in the previous 12 months. Operating profit was up from £3.1 million …
Business
Business Live
Welsh Government buys car parts plant to help save over 100 jobs
The Welsh Government has bought a car parts plant in Mid-Wales and will lease it to a new manufacturer in a deal that saves over 100 jobs. The site in Llanfyllin in Powys was vacated by Stadco Limited who have decided to consolidate their operations elsewhere in the UK. Now the Welsh Government has stepped …
Business
Sky News
Amazon announces 1,500 apprenticeships as UK workforce swells to 70,000
Amazon has announced that it will create 1,500 new apprenticeships in the UK this year as it revealed its workforce in the country grew to 70,000 in 2021.The online retail giant said it was offering new places on 40 different schemes – including 200 degree-level places – in areas such as publishing, retailing, marketing, and …
Business
Business Live
UK ‘levelling up’ plan unveiled by Michael Gove
The government has set out its plan to close the gap between rich and poor areas of the UK over the next eight years. The strategy was unveiled by Levelling Up Secretary Michael Gove on Wednesday (February 2). The white paper includes 12 so-called “national missions” in a bid to improve transport, broadband and education …
Business
Business Live
North East technology firm Sage launches £400m bond issue
North East software giant Sage Group plc has launched a bond issue to raise £400m. The FTSE 100-listed tech business, which recently moved from Gosforth to Cobalt Business Park in North Tyneside, is aiming to raise the funding to repay debt, as well as use money within the company for general uses. The company announced …
Business
Evening Standard
Lloyds Bank launches super low 10-year mortgage deal
LLOYD’S Bank, Britain’s biggest high street lender, is launching an intriguing mortgage offer.Its 10-year fixed rate deal is, it claims, the cheapest on record. I personally would grab it if I could.The 1.66% rate isn’t available to just everyone, you have to have a 40% deposit and there’s a £1000 fee. There is also an …
Business
Business Live
Top bosses at Iceland, Rolls-Royce and Microsoft join Prime Minister Boris Johnson’s new Business Council
Top bosses at the likes of Rolls-Royce, Microsoft UK and Virgin Atlantic have joined a new Business Council launched by Prime Minister Boris Johnson. The Business Council, which will be co-chaired by the Chancellor, will convene a new cohort of business leaders to work in partnership with the Government, “helping to drive a high productivity, …
Business
Sky News
Santander flags increased competition for mortgage lending as it reports profit surge
Santander has flagged up the likelihood of a mortgage price battle as lenders fight to offer the best deals even as the Bank of England raises interest rates.In a results statement revealing a big rise in annual profits for 2021, the Spanish lender’s UK arm said it expected its margin on loans this year to …
Business
Sky News
Google owner defies tech sector gloom as ad spend surge boosts sales and profits
Business
Sky News
Premier League January transfer spending back at pre-pandemic levels
Premier League clubs spent more than four times as much money during the January transfer window than in the same period a year ago, when COVID rules hit revenues hard, according to a closely-watched report.Analysis of the business completed by the 20 clubs showed £295m was spent in total – up from £70m in 2021. …
Business
Euro News
Uber Eats delivery riders are doing ‘quests’ for more cash. But do they put more than money at risk?
Business
Evening Standard
Virgin Money boss David Duffy rules out bid for TSB
VIRGIN Money today ruled itself out of bidding for TSB, the somewhat troubled rival that has had bids from Co-op Bank and reportedly Nationwide Building Society fail.TSB, still dealing with the fall out from a computer collapse in 2018 that saw 1.9 million customers locked out of their accounts, has a strong parent in Spain’s …

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