50 Affordable Homes to Be Built in Cornwall
Legacy Properties and Ocean Housing partner to deliver 50 affordable homes in Goonhavern and Trispen, Cornwall, with completion expected spring 2027.
Category : Business Investments
Kromek secures £8.8m in new orders amid global demand
Kromek, a County Durham radiation detection specialist, reports £8.8m in new orders and expects full-year revenues of £27.2m, driven by global demand despite supply chain disruptions.
DWP Boosts Benefits for Polygamous Spouses
The DWP has increased benefits for polygamous spouses by 4.8%, allowing additional claims for those married overseas, as long as bigamy laws are not violated.
Moseley Restaurant Wins Bid to Extend Hours Until 9pm
Lisa and Pann, a family-run Malaysian restaurant in Moseley, successfully applied to Birmingham City Council to extend its opening hours until 9pm, sparking local joy.
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E.ON and Ovo Energy Merger Affects 10 Million Customers
E.ON plans to acquire struggling rival Ovo Energy, creating a combined firm serving nearly 10 million UK customers. The deal could be announced next week.
JD Sports Warns Iran War Could Hit Profits and Prices
JD Sports warns that the Iran war could weigh on profits and push up prices, citing geopolitical uncertainty. The retailer forecasts lower pre-tax profit for the next financial year.
Food Security at Risk from Farmland Development
Cheshire East councillors warn that approving housing on agricultural land threatens UK food security, as more applications pour in.
Ramsdens Lifts Profit Forecast Amid Jet Fuel, Gold Concerns
Ramsdens upgrades full-year profit expectations to at least £28.5m despite jet fuel shortages and volatile gold prices, citing strong pawnbroking and jewellery sales.
Labour Urged to Scrap Employer National Insurance for Jobs
Rishi Sunak leads calls for Labour to scrap employer National Insurance, warning that rising costs and AI are threatening young people's jobs.
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£470k Refurbishment for Wolverhampton i10 Offices
Wolverhampton Council approves £470,000 refurbishment of i10 offices to relocate LGPS, bringing high-quality jobs to the city centre.
Rachel Reeves Cuts Food Import Tariffs to Lower Weekly Shop
Chancellor Rachel Reeves announces suspension of import tariffs on everyday food items until 2028, aiming to reduce weekly shopping bills by £2 billion worth of imports.
Drax Hails Good Performance Supporting UK Energy Security
Power giant Drax issues upbeat trading update, highlighting its role in supporting UK energy security during the Middle East conflict. CEO says firm works hard to keep lights on for millions.
West Midlands business confidence dips but firms stay focused on growth
Lloyds' Business Barometer shows West Midlands confidence fell 17 points in April to 49%, but firms remain resilient, focusing on growth through innovation, training, and AI adoption.
AstraZeneca announces £300m UK investment
AstraZeneca invests £300m in UK after pausing plans in 2025, citing tariff exemption and increased NHS spending on innovative medicines as key factors.
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Tributes to 102-Year-Old Whose Loan Founded Welsh Food Firm
Dorothy Edwards, 102, who loaned £6,000 in 1972 to start Harlech Foodservice, has died. Her family says without her, the award-winning firm would not exist.
Rachel Reeves fuel duty hike could cost families £150 a year
Chancellor Rachel Reeves faces backlash over plans to increase fuel duty by 5p, potentially costing families £150 per year and hauliers £2,000, amid Middle East tensions.
FEC moves UK HQ to Manchester's Pall Mall
FEC, the developer behind Victoria North, has taken 4,992 sq ft at Bruntwood SciTech's Pall Mall. Architect Sheppard Robson also moves into the building it designed, taking 9,956 sq ft.
Rachel Reeves Confirms £425 Tax Break for Popular EVs
Chancellor Rachel Reeves has confirmed a change to car tax rules, exempting electric vehicles priced between £40,000 and £50,000 from the £425 luxury car tax, saving owners over £2,000 in five years.
Davies Wants Solis Permanently at Birmingham City
Chris Davies confirms interest in signing Jhon Solis permanently after the Colombian's impressive loan spell, with an option to buy clause in his deal.
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Exeter Shopify Agency Secures £7.6m Investment
Exeter-based Swanky, a Shopify Plus partner, secures £7.6m investment to fuel growth, hire staff, and pursue acquisitions. New chair and finance chief appointed.
Octopus Energy cuts bills to £0 for 300 homes
Octopus Energy announces world's largest Zero Bills site in Wisbech, providing 300 homes with no energy bills for at least 10 years, using heat pumps, solar panels, and batteries.
Police Officer Sacked for Concealing Financial Woes
PC Joseph Whant failed to disclose financial difficulties during a vetting review, leading to his dismissal from Nottinghamshire Police for breaching standards.
Birmingham man in £41m cigarette smuggling gang
Ptzewan Majeed, 44, from Birmingham, was a driver for a gang that smuggled 150 million cigarettes, evading £41m tax. He received a suspended sentence.
Octopus Energy Reaches 8 Million UK Customers
Octopus Energy surpasses 8 million UK customers, leading in low-carbon tech with 103% heat pump and 78% solar sales surge. Trust ratings top rivals.
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Wolves' Summer Window: Key to Promotion
Wolves are planning for next season with summer departures expected. The key is not just replacing players but building a squad capable of winning promotion back to the Premier League.
NatWest Launches Venture Banking for UK Growth Firms
NatWest has launched NatWest Venture Banking, a dedicated venture banking business to support the UK’s most ambitious high-growth companies and their investors.
Cloud Nine Secures £19m HSBC Finance Facility
Yorkshire-based hair and beauty brand Cloud Nine has secured a major £19 million finance facility from HSBC, marking its largest funding transaction since its 2009 launch. The deal will support international growth and product innovation.
Lidl to Open 50 UK Stores and First Pub in Expansion Drive
Lidl reveals ambitious plans to open 50 new UK stores and its first pub in Belfast, aiming to overtake Morrisons as Britain's fifth largest supermarket chain with £600m investment.
IntelliAM Acquires Scottish Partner RBM in £25k Deal
Sheffield-based AI asset management firm IntelliAM has acquired Scottish maintenance specialist RBM Lubrications & Monitoring Solutions for £25,000, expanding its presence in Scotland's central manufacturing belt.
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Hargreaves to Get £10m from Tungsten West Agreement
County Durham industrial group Hargreaves Services will net £10 million in cash following a fundraising by Devon mining partner Tungsten West, accelerating payments from a previous mine sale.
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