Smiths News Signs 10-Year Deal with News UK
Smiths News has signed a 10-year contract with News UK to distribute the Sunday Times and the Sun, adding £125m in annual revenue. The deal runs until 2037.
Category : Business Investments
AO World Profits Double on MusicMagpie Acquisition
AO World reports pre-tax profit surge of 145% to £51m, driven by MusicMagpie acquisition and cost-saving measures including outsourcing to South Africa.
Anker EV Charger Prime Day Deal with Solar
Anker's latest EV charger is on sale for Prime Day, featuring solar integration and smart charging capabilities for eco-conscious drivers.
UK Inflation Steady at 2.8% as Food Price Rises Ease
UK inflation holds at 2.8% in May, below forecasts, as food price rises ease. Core inflation at 2.6%, services inflation rises to 3.7%.
Aston Villa Set to Demand Huge Fee for Morgan Rogers
Aston Villa will resist selling Morgan Rogers unless a massive offer arrives. The club could generate £120m from player sales this summer, with Martinez, Bailey, and others potentially leaving.
Barclays Offers £600 Boost to Customers Who Switch
Barclays is offering £200 cash bonuses for standard account switches and up to £600 in Premier rewards, including dining and hotel stays, until August 27, 2026.
Aldi Shortlists Balsall Common for New 2026 Store
Aldi announces 16 new UK stores for 2026, including Balsall Common near Solihull, as part of a £370 million investment to expand its network to 1,500 locations.
Sage Survey: Small Business Profits Up Despite Challenges
Sage's SME Performance Pulse reveals profit growth at highest since early 2022, but late payments remain a major issue for small firms across the UK.
Right Finance Key to Supporting Rural Wales Economy
Development Bank of Wales chief Giles Thorley argues rural economy is fundamental, not niche, and calls for tailored finance like the new Sustainable Agriculture Loan Scheme.
Spoon Cereals Raises £1.45m to Boost Growth
Spoon Cereals, a Barnsley-based granola brand, secures £1.45m investment to expand retail listings and enhance its new manufacturing facility.
Developer Eyes More Hull Regeneration After Albion Square
CapitalandCentric, the firm behind Hull's Albion Square revamp, plans further city centre regeneration, targeting over 200 homes and amenities.
Birmingham City FC's £3bn Sports Quarter Advances
A £5.7 million funding recommendation for transport links supporting Birmingham City FC's £3 billion Sports Quarter, including a new stadium and 8,500 jobs.
NEL Secures £21.5m for North England Business Investment
NEL Fund Managers secures £21.5m to invest in high-growth SMEs across the North of England, supporting job creation and economic growth.
ABF Wins Approval for £75m Hovis Acquisition
Associated British Foods secures CMA approval for £75m Hovis deal, creating UK's largest bread brand after watchdog finds no competition concerns.
Somerset Gigafactory Parts Ways with Main Builder
Agratas, the Tata-owned battery maker, has ended its contract with Sir Robert McAlpine on the £4bn Somerset gigafactory, citing a need for a new construction model.
Rathbones £530m Blow After FCA Probe Suspends Client Inflows
Rathbones suspends client inflows after an FCA-ordered review, hitting £530m in gross inflows and costing £60m. CEO Jonathan Sorrell vows to become the UK's best wealth manager.
Octopus Energy and ZE Energy Partner on Italian Battery
Octopus Energy Generation and ZE Energy announce a major battery project in Italy, set to power 130,000 homes daily by 2028, storing surplus renewable energy.
Bolton Council Approves Major Employment Park Masterplan
Bolton council has approved a masterplan for one of the UK's biggest employment sites near the M61, aiming to create up to 6,000 jobs despite concerns over traffic and greenfield loss.
New Business Units Near A303 Approved After Three-Year Wait
Somerset Council approves eight new business units at Cadbury Business Park, ending a three-year delay. Construction expected to begin this year.
Frasers Group Bids £166m for Australian Footwear Chain Accent
Frasers Group, owned by Mike Ashley, has made a £166m takeover bid for Australian footwear retailer Accent, seeking full control after holding a 22.9% stake.
Foresight Sees Strong Pipeline for Wales Investment Fund
Foresight Group reports strong deal pipeline for the £130m Investment Fund for Wales' equity element, with recent investments in diverse sectors including agri-tech and manufacturing.
Sigma Exits Boots Talks, London IPO Prospects Rise
Australian pharmacy giant Sigma Healthcare has pulled out of negotiations for a £7.5bn private takeover of Boots, leaving the Weston family as the only remaining bidder and reigniting hopes for a London stock market flotation.
Tour de France 2027: Merseyside and North West set for boost
The Tour de France 2027 could bring massive economic benefits to Merseyside and the North West, with three stages passing through the region. Local leaders urge businesses to prepare.
EV Charging Industry to Generate £15.5bn for UK Economy
The UK's electric vehicle charging industry could add £15.5 billion to the economy over the next decade, supporting thousands of jobs and boosting the transition to EVs.
NatWest Launches £250M Loan Fund for Affordable Homes
NatWest has launched a £250 million Section 106 Loan Fund to support housing associations in acquiring affordable homes, aiming to deliver thousands of homes across England.
Rachel Reeves Confirms New Car Tax Charges for Most Drivers
Chancellor Rachel Reeves announces new Vehicle Excise Duty bands impacting petrol, diesel, and electric car owners from 2026, with changes to rates and luxury car tax.
New M5 junction proposed to create jobs in West Midlands
Malvern Hills Science Park chief executive Alan White says a new M5 Junction 7A could support economic expansion in Worcestershire, though he admits it may be 'just a pipe dream'.
Amazon UK boss John Boumphrey awarded OBE in Honours
Amazon UK chief John Boumphrey receives OBE for services to technology and digital commerce, despite ongoing criticism over warehouse working conditions.
UK Families Risk Thousands in Inheritance Tax Mistakes
Financial experts warn that delaying estate planning could cost families up to £397,000 in preventable Inheritance Tax charges, with new pension rules adding pressure.
Lloyds Bank Bolsters Housing Development Team
Lloyds Banking Group announces restructuring of its Housing Development team, creating a new Affordable Housing Partnerships Manager role and appointing two specialists to better support homebuilders and housing associations.
Page 11 of 17