Scottish Seafood Companies in Administration
Two major Scottish seafood processors, Kenmore Sea Foods and Falfish Scotland, have collapsed into administration, threatening jobs and shaking the fishing industry despite ongoing buyer interest.
Category : Corporate News
Tissue Regenix warns of funding challenges ahead
York-based regenerative medicine company Tissue Regenix faces significant financial headwinds as it warns of potential funding challenges ahead, despite recent strategic progress.
ITV in talks over sale of broadcasting division
ITV is reportedly in advanced discussions to sell its content production and distribution arm, ITV Studios, as part of a strategic review that could reshape the UK broadcasting landscape.
Fletchers Group expands into family law with Simpson Millar buy
Leading legal firm Fletchers Group makes major move into family law sector with acquisition of Simpson Millar LLP, creating one of UK's largest specialist law firms with 1,000 staff across 12 offices.
Manchester Law Firm Harrison Drury Expands with Acquisition
Leading North West law firm Harrison Drury announces strategic expansion into Greater Manchester with acquisition of Cheadle-based legal practice, creating new opportunities for clients and professionals.
Kitwave Profits Surge 15.5% Despite Market Headwinds
Wholesale distributor Kitwave reports remarkable 20.2% revenue growth and 15.5% profit increase, showcasing resilience through strategic acquisitions and operational excellence in challenging market conditions.
Elon Musk's $56bn Tesla Pay Package Voided by Court
A Delaware judge has overturned Elon Musk's unprecedented $56 billion Tesla compensation package in a landmark ruling that could reshape corporate governance.
UK Business Confidence Plummets to Record Low
New survey reveals British business confidence has hit rock bottom as companies grapple with mounting tax pressures and economic uncertainty, threatening investment and growth.
North West Profit Warnings Hit Record Low
New data reveals a dramatic 40% drop in profit warnings across North West England, signalling strong corporate health and economic recovery in the region despite ongoing challenges.
Nationwide pays £100 bonus to 3,800 staff
Nationwide Building Society announces surprise £100 payment to frontline employees as recognition for their dedication during the ongoing cost of living crisis.
Welsh Business Confidence Reaches 2-Year Peak
Business confidence in Wales has surged dramatically, reaching its highest level in over two years according to the latest Business Barometer from Lloyds Bank Commercial Banking.
Hays Travel acquires Polka Travel in strategic expansion
North East travel giant Hays Travel expands its portfolio with the acquisition of Polka Travel, securing jobs and strengthening its market position amid industry recovery.
North East Business Boom: Key Executive Appointments
The North East business scene is buzzing with activity as several major companies announce significant leadership appointments, highlighting the region's economic resurgence and investment appeal.
Princes Group announces London Stock Exchange listing
Food and drink giant Princes Group announces landmark London Stock Exchange listing, marking significant strategic shift for the 140-year-old business with iconic brands including Napolina and Aqua Pura.
North East Business Distress Hits Record Levels
New data reveals a worrying surge in business distress across the North East, with corporate insolvencies reaching their highest level in over a decade amid ongoing economic pressures.
Drax buys Canadian pellets business in £157m deal
Energy giant Drax Group expands its North American footprint with strategic purchase of Canadian wood pellet assets, securing supply chain for biomass operations.
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