5,000 AI jobs in North East 'absolute minimum'
Rob Hamilton says 5,000 jobs and £30bn investment target for North East AI growth zone should be 'absolute minimum' as Sovereign AI holds first roadshow in Newcastle.
Category : Business Innovation
Vertu Motors posts solid results, urges EV mandate review
Vertu Motors reports £4.83bn revenue and £24.5m profit, but warns that the ZEV mandate is distorting the market. CEO calls for urgent review of EV targets.
Welsh Business: K3 Metrology, Mariposa, Elmatic, Alesi, Creo, 1st Choice
Welsh firms feature in equity investments and acquisitions: K3 Metrology secures £2.75m, Mariposa £750k, Elmatic acquired, Alesi Surgical £7m, Creo Medical MBO, 1st Choice MBO.
Leeds firm Envoke raises £1.6m for Asia-Pacific push
Leeds-based Envoke secures £1.6m funding to expand its medical training software into Asia-Pacific, after attracting US clients like Mayo Clinic and aiming to exceed £1m annual recurring revenue.
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2p National Insurance Cut Plan Proposed in Shake-Up
The Growth Group, allied to Wes Streeting, proposes a 2p National Insurance cut funded by capital gains tax reform, devolution, and government reforms to boost the economy.
HMRC Crackdown on Tax Loophole for Wealthy Individuals
HMRC plans to extend its Uncertain Tax Treatment regime to wealthy individuals, targeting inheritance tax and capital gains tax loopholes, with penalties for non-disclosure.
NPIF II Reaches £275m Investment Milestone in Two Years
The Northern Powerhouse Investment Fund II has backed over 400 businesses, facilitating nearly £275m in investment across the North in its first two years.
Aston Villa Target Two Young Ligue 1 Goalkeepers
Aston Villa are scouting replacements for Emi Martinez, with Robin Risser and Guillaume Restes among the targets as the 32-year-old goalkeeper's future remains uncertain.
Liverpool and Hamburg Partnership Boosts Business Links
Liverpool city region and Hamburg have signed a Joint Declaration of Intent to deepen cooperation in logistics, maritime trade, green technology, and more, strengthening British-German ties.
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NatWest Major Funding for Gensmile Digital Dentistry
NatWest announces new funding for Gensmile Limited to expand and transform South West dental practices into centres of clinical excellence, boosting digital dentistry and local training.
Lloyds Bank Rolls Out AI Platform for Better Customer Service
Lloyds Bank has introduced Envoy, a secure and scalable platform for building AI agents responsibly, aiming to improve customer experiences and colleague efficiency across the Group.
Eufy SmartTrack Card Under £5 After Cashback Offer
The Eufy SmartTrack Card, a slim Bluetooth wallet tracker cheaper than Apple AirTag, drops to under £5 with TopCashback. Works with iOS and Android.
Derbyshire Firm Wins King’s Award for Opportunity
Acres Engineering in Melbourne wins King’s Award for Enterprise in Promoting Opportunity category for its People’s First Pledge, transforming lives through apprenticeships and outreach.
Chesterfield Firm Wins King's Award for Innovation
Phoenix Sealing in Chesterfield receives a King's Award for Enterprise for Innovation, recognized for its CORRIX® gasket range that solves corrosion in flanged pipework.
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Chambers Wales Appoints John Cullen as New President
John Cullen, partner at Menzies, becomes president of Chambers Wales. Emma Waddingham and Tom Wilkinson appointed vice-presidents to boost SME support.
Nationwide ISA Change: Up to £4,822 Boost for Savers
Nationwide updates ISA rates, offering up to 4.6% AER. Savers could earn £4,822 over five years on average deposits. New rates effective from May 6, 2026.
SMD on Track for £100m Revenue After Strong Year
Subsea engineering firm SMD reports revenue up to £85.7m and profits of £9.4m in 2025, driven by global demand for underwater cable security and new tech facilities.
£1,750 Fuel Bills for 4 Million Van Drivers Doing 8,000 Miles
Van drivers face £1,750 annual fuel bills as mileage rises 15% to 8,018 miles, with fuel prices hitting £1.91 per litre amid economic pressures.
Five North East firms win King's Awards for Enterprise
Five North East companies, including Palintest and Express Engineering, have received King's Awards for Enterprise for innovation, international trade, and promoting opportunity.
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King's Awards: North West Firms Honoured Including Socks Firm
Twenty North West firms win King's Awards for Enterprise, including Stand Out Socks backed by Steven Bartlett and TechPlant founded in a garage.
£1 Lottery Offers Daily Draws Every Day in the UK
The Health Lottery offers daily £1 draws with £25,000 jackpots, QuickWin games every 3 minutes, and supports UK health projects. Check the latest draws online.
Castore Secures £90M Deal for Global Growth and UK Stores
Castore secures £90m funding from HSBC UK, BNP Paribas, and Lloyds to drive UK store openings, expand in Middle East and Asia, and invest in digital infrastructure, targeting £300m sales.
Bristol HV Energy Systems Acquired by RSK
HV Energy Systems, a Bristol-based high-voltage power specialist, has been acquired by Cheshire engineering group RSK to boost renewable energy and storage services.
Ecodetect Secures £490K Equity Boost for AI Marine Monitoring
Anglesey-based Ecodetect has raised £490,000 in equity funding to scale its AI-driven marine monitoring technology, supporting offshore renewable energy compliance and creating four new jobs.
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JLR Warned It Would Leave UK Without £380M Subsidy
Jaguar Land Rover threatened to move production from the UK and cut jobs without a £380 million battery subsidy, government documents reveal.
CEO Eats Same Breakfast and Lunch Daily for 22 Years
Luke Carlson, 46, has eaten porridge for breakfast and a turkey or chicken sandwich for lunch for over 20 years to avoid decision fatigue and maintain peak performance.
Mayor Godwin Unveils Ambitious Plans for Region
West of England Mayor Helen Godwin marks one year in office with priorities including a tourist tax, better public transport, and closer ties with North Somerset.
Podium Digital Agency Future After MBO
Tyneside digital agency Podium completes MBO, transferring ownership to senior team members Sarah McKevitt, Lia Gordon, and Katie Toman, targeting 20% local client growth.
West Brom Debrief: Transfer Hints, Absences, Farewells
Analysis of West Brom's season finale defeat, with insights on Gilchrist's start, Molumby's absence, and potential exits for O'Leary, Wallace, Grant, Maja, and Dike.
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Lidl Lists 80 Midland Sites for New Stores, Offers Finder's Fee
Lidl plans to open hundreds of new stores across Britain with a £600M investment, offering a finder's fee for site suggestions. 80 locations in central England are targeted.
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