MGL Group profits hit £27m on £171m turnover
County Durham's MGL Group reports strong growth with turnover reaching £171.3m and operating profit hitting £27m. The firm is investing in green tech and positioning for future success.
County Durham's MGL Group reports strong growth with turnover reaching £171.3m and operating profit hitting £27m. The firm is investing in green tech and positioning for future success.
From a £1bn battery plant to a £50m engineering buyout, discover the 10 biggest investments and acquisitions that shaped the North East economy in 2025. Explore the details here.
Lloyds Banking Group is shutting its invoice financing service by year-end, leaving thousands of small firms seeking new funding options. Read the full story and expert reactions.
Discover the standout North East businesses of 2025, from tech triumphs to green energy leaders, driving regional economic growth. Read the full list now.
County Durham wellness brand Glow is creating 50 new jobs with five new stores planned for 2026, starting with a Newcastle city centre opening. Discover the multimillion-pound investment plans.
Lloyds Bank's latest survey reveals a dip in UK business confidence to 42% in November. Explore the key data and expert insights on hiring, wages, and price pressures for 2026.
Barclays announces a major £45 billion lending increase and £4.4bn UK investment over the next three years, aiming to mobilise economic growth and support customers.
NatWest announces major partnerships with Manchester, Brighton, and York universities to support student entrepreneurs and spinouts. The bank aims for six more deals by 2027. Read how this boosts the UK economy.
Lloyds Bank reveals UK business confidence rose 10 points in 2025, with construction leading the surge. A positive sign for economic growth heading into 2026.
Liverpool's Protein Works has grown from a spare room startup to a £55m global business with 2.5 million customers. Discover how they cracked the protein market.
Business owners are urged to start preparing now for a sale to beat a Capital Gains Tax increase in April 2026. Delays could cost tens of thousands. Expert advice inside.
A manufacturing boss warns small firms in Jaguar Land Rover's supply chain could close due to ongoing cashflow issues from a 2025 cyber attack. Read the full analysis and advice for affected businesses.
UK small business owners express cautious optimism for 2026 but warn of a 'serious reality check' for the wider economy. Experts cite inflation, rates, and AI risks.
A man has died after a stabbing on Swanage Road in Small Heath. Armed police swarmed the scene and a 28-year-old man is in custody. Police urge witnesses to come forward.
A murder probe is underway after a man was fatally stabbed on Swanage Road, Small Heath. A 28-year-old is in custody. Police urge witnesses to come forward.
Allica Bank's Business Rewards Account offers UK companies high interest on idle cash and cashback on spending, potentially earning up to £10,000 annually. Discover how to make your business money work harder.
Birmingham launches new speed cameras on the A45 Small Heath Highway to enforce 30mph limits. Part of a major safety drive after 23 road deaths. Find out the six high-risk locations.
A meticulously designed 130 sq ft studio flat in Pimlico, comparable to a caravan, is on the market for £294,900. It features an Italian wall-bed, floating concrete floors and bespoke carpentry.
Birmingham's Electronic Business Systems (EBS) celebrates growth with nine new appointments and is recruiting for three more roles, supporting West Midlands SMEs. Discover their expansion plans.
North East appliance repair firm Pacifica Group posts strong revenue growth and expanded operations, despite widening operating losses. CEO Kevin Brown hails a 'year of progress'. Read the full financial results.
Police are investigating after a large street fight involving weapons erupted on Kenelm Road in Small Heath, Birmingham. No arrests made. Witnesses urged to come forward.
New speed cameras are now operational on Birmingham's A45 Small Heath Highway. The council and police initiative aims to cut collisions after 23 road deaths in a year. Find out the six routes targeted.
West Midlands Police seized 200 boxes of nitrous oxide cannisters in a raid on a Small Heath factory. The Class-C drug haul is valued at around £30,000. Read more.
West Midlands Police and Trading Standards seized 200 boxes of nitrous oxide canisters in Small Heath. The raid is part of Operation Target. Report crime anonymously on 0800 555 111.
West Midlands Police refers an incident to its standards department after video shows a handcuffed man being propelled into a police car in Small Heath.
West Midlands Police discovered a large quantity of Class A and B drugs during a raid on a property in Small Heath. Enquiries are ongoing.
North East IT firm Aspire Technology Solutions secures fresh investment, valuing the business at around £200m. Funding from LDC and Federated Hermes to fuel expansion and a £100m revenue target by 2030.
UK SMEs are missing out on thousands yearly as big banks pay minimal interest. Switching to a challenger like Allica Bank could earn up to 4.08% AER and cashback.
Swansea University invites South Wales SME leaders to join the government-funded Help to Grow management programme in Jan 2026. Boost your business strategy and growth. Apply now.
Music fans feel 'ripped off' after Heather Small performed for just 25 minutes at Manchester Cathedral. Organisers accused of mis-selling the event. Read the full story.