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The £1m fund to support 500 unemployed people and NEETs to set up in business
A £1m fund to support up to 500 unemployed people and youngsters not in education, employment or training (NEETs) to start their own businesses has been announced by the Welsh Government. This discretionary grant will provide financial assistance of up to £2,000 for 400 individuals who have faced barriers to starting up a business, and …
Business
Business Live
Devon paddleboard firm sold after seeing sales hit £20m
A £20m-turnover Devon paddleboard business that sells products worldwide has been sold to an investment company. Growth equity investor Gresham House Ventures has sold its stake in Vian Marketing, the holding company of leading paddleboard brand Red Paddle Co. The Totnes-based business, which has annual sales of more than £20m, sells through the brands Red …
Business
Evening Standard
Hilton Food Group to enter US for first time as it snaps up smoked salmon producer Foppen
Meat packer Hilton Food Group today revealed it is to snap up smoked salmon giant Dutch Seafood Company (Foppen) for for €90 million (£76.9 million) in a move that will see the FTSE 250 firm enter the US for the first time. Hilton, which processes and packages meat for supermarkets including Tesco, said it plans …
Business
Business Live
Eight Northern Ireland names make list of fastest-growing technology companies
A total of eight Northern Ireland companies have made it onto an influential list of the fastest-growing technology firms on the island of Ireland. SciLeads, Foods Connected, Datactics, Totalmobile, Instil Software, AquaQ Analytics, PlotBox and Decision Time were all named on the Deloitte Technology Fast 50. It ranks the 50 fastest growing technology companies across …
Business
Sky News
Omicron has had little impact on Christmas shopping visits says Primark owner
Christmas Shopping visits to Primark stores have suffered little impact from the arrival of the Omicron variant, the company that owns the fashion chain said.John Bason, finance director of Associated British Foods (ABF), made the remarks as it said in a trading update that sales at the retailer had been ahead of expectations. Primark relies …
Business
Sky News
Sunak warns of ‘bumps on road’ as figures show growth stalled even before arrival of Omicron
Chancellor Rishi Sunak has warned of “bumps on our road to recovery” as new figures showed growth stalled even before the arrival of the Omicron variant.GDP grew by just 0.1% in October, well short of the 0.4% expected by economists and a big slowdown on September’s 0.6% expansion, the Office for National Statistics (ONS) said. …
Business
Sky News
Your country needs you! Free HGV driver ‘bootcamps’ to combat shortage begin
The first intensive short courses designed to help more people become HGV drivers are under way, as the country continues to battle a big shortage of delivery professionals.The scheme comes under the government’s Skills Bootcamps programme, designed to support employment in key areas of the economy. A major theme of the supply chain crisis facing …
Business
Evening Standard
Giant film and TV studio from Troubadour Theatres to open in Brent Cross
A huge new film and TV studio is to open in Brent Cross early next year, the area’s regeneration venture has revealed. The 150,000 sq ft “Brent Cross Studios” will be launched by Troubadour Theatres, a firm specialising in setting up temporary performance spaces. It will contain a single 27,000 square foot filming studio. The …
Business
Sky News
Ibuprofen hardest product to find – as Christmas party season under way
Painkillers ibuprofen and paracetamol are among the list of items that are hardest to find in stores – as the Christmas party season gets into full swing.Weekly figures compiled by the Office for National Statistics (ONS) showed there was no or low availability of ibuprofen in 18% of locations. For paracetamol the figure was around …
Business
Sky News
Fresh calls for business support as Plan B threatens to cancel Christmas for city centre shops and pubs
The government is facing increasing calls to step in and support businesses affected by new “plan B” COVID measures – which include working from home guidance and vaccine passports for some venues.Trade union GMB said it backed the reintroduction of a furlough scheme if the new measures threaten jobs. Industry body UK Hospitality has said …
Business
Sky News
Fresh calls for business support as Plan B puts Christmas at risk for city centre shops and pubs
The government is facing increasing calls to step in and support businesses affected by new Plan B COVID measures – which include working from home guidance and vaccine passports for some venues.Trade union GMB said it backed the reintroduction of a furlough scheme if the new measures threaten jobs. Industry body UK Hospitality has said …
Business
Evening Standard
On The Beach swings to loss as boss says Omicron and new testing regime hitting travel demand
Holiday retailer On The Beach has reported swinging to a loss as its chief executive said the new Omicron variant has “dampened appetite to book holidays”. The £500 million company reported an adjusted pre-tax loss of £18.4 million for the year to September 30, down from a £0.6 million profit in the prior year. Revenues …

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