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Business Live
East Midlands Freeport tax breaks go live in three weeks
Tax incentives for businesses in the East Midlands Freeport areas will come into effect before the end of the month. The Government has confirmed that eligible companies investing in its three zones – around East Midlands Airport, the Ratcliffe on Soar power station redevelopment site and the East Midlands Intermodal Park near the Derbyshire Toyota …
Business
Business Live
Accountancy group Azets strikes deal to acquire Dorset firm
An independent Dorset accountancy firm has been acquired by UK accountancy and business advisory group Azets for an undisclosed sum. Poole-based Inspire Accountants was established in 2004 by Warren Munson and has an office on Commercial Road. The firm employs 30 staff and provides services to around 1,000 clients across Bournemouth, Poole and the wider …
Business
Business Live
News giant Reach hails digital success as revenues rise and key customer registration target hit
Media giant Reach has hailed the success of its online strategy and vowed to continue investing in growth as its digital growth more than offset print decline. Reach, whose brands range from the Mirror and the Express to Wales Online and the Manchester Evening News, reported its full year results for 2021 today. Revenue for …
Business
Business Live
Huge profits hike at TransPennine Express revealed as train fares hit by largest rise since January 2013
Pre-tax profits at TransPennine Express surged by more than £70m over the last year ahead of the largest rise in train fares since January 2013. The train operator, which is owned by FirstGroup, has reported profits of £72.1m for the 12 months to March 31, 2021, up from the £3.5m loss it posted for the …
Business
Business Live
Final amount agreed for Good Energy’s wind and solar portfolio
Green energy firm Good Energy has said it’s agreed to sell its wind and solar generation assets for a final total consideration of up to £21.2m. The Chippenham-based company announced a deal for its 47.5MW renewable portfolio in January with investment firm Bluefield Solar Income Fund (BSINF). The Aim-listed business made the move as part …
Business
Sky News
Warner, Disney and Sony pull major films from Russia over Ukraine invasion
Warner Brothers, The Walt Disney Company and Sony Pictures will not release their latest films in Russian cinemas, in response to the conflict in Ukraine.The major Hollywood studios announced their decisions on Monday as Russian military forces continued attacks on Ukrainian cities. The decisions mean that superhero blockbuster The Batman starring Robert Pattinson, computer-animated fantasy …
Business
Sky News
Russian oligarch calls for end to war but stops short of Putin criticism
Russian oligarch Mikhail Fridman has called for an end to the bloodshed in Ukraine, while acknowledging that criticising the government could be dangerous for him.He criticised the invasion of Russia’s neighbour, but made clear that he did not have the ability to call on Russian president Vladimir Putin to end the conflict. Responding to a …
Business
Euro News
Is Solana (SOL) decentralising more? Here’s what the future holds for ‘the Ethereum killer’
Business
Sky News
Crushing sanctions placed on Russian central bank – but what happens next?
The sanctions unveiled over the weekend against the Central Bank of the Russian Federation are by far the most dramatic move to date in the West’s move to cut Russia out of the global financial system.Russia has accumulated $643bn in reserves during the last eight years, chiefly in euros and gold but also in other …
Business
Sky News
Toyota halts car production for a day after supplier hit by cyber attack
A supplier of components to Toyota has been hit by a suspected cyber attack, forcing the world’s largest carmaker to close all of its factories in Japan for the entire day.More than 13,000 vehicles will now not be produced because of the closures, Toyota said. The supplier is responsible for producing plastic parts and electronic …
Business
Evening Standard
Universal buys Sweet Caroline singer Neil Diamond’s back catalogue
Business
Sky News
Fund manager Abrdn frustrated in effort to sell Rosneft stake
One of Britain’s biggest fund managers has been left unable to sell its shareholding in the Russian state oil giant backed by BP amid restrictions on foreign share trades on Moscow’s stock exchange.Sky News has learnt that abrdn, the FTSE-100 asset manager, is keen to offload its multimillion-pound stake in Rosneft but has been prevented …

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