North East BIC CEO Paul McEldon to Retire After 25 Years
Paul McEldon, OBE, steps down as CEO of North East BIC after 25 years, having boosted the regional economy by over £2.5bn. Successor search underway.
Category : Corporate News
Nationwide Chief Sees Pay Nearly Double After Virgin Money Deal
Dame Debbie Crosbie's total pay rose to £4.67m after steering Nationwide's £2.9bn acquisition of Virgin Money, despite a fall in profits and ongoing criticism over board elections.
Craig Gardner's Lasting Legacy at Birmingham City
Craig Gardner leaves Birmingham City after five years as Director of Football, with his legacy as a bridge between eras and key role in the club's transformation under Knighthead.
Welsh Entrepreneur Michael Plaut Joins Crown Estate Board
Michael Plaut, a Welsh entrepreneur, has been appointed to the Crown Estate board. His role includes advising on Welsh interests as the estate expands its board under new legislation.
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Fresh Plans for Delayed Pydar Development in Truro Submitted
New plans for the delayed Pydar development in Truro have been submitted to Cornwall Council, aiming for 320 homes, 400 student beds, and commercial space with revised viability.
Revolution Beauty and Debenhams Sign Licensing Deal
Revolution Beauty and Debenhams Group have signed a licensing deal to develop beauty and fragrance lines for brands like PrettyLittleThing, marking a reset after a 2023 boardroom dispute.
Sainsbury's Switches to White Eggs; Rivals Stick with Brown
Sainsbury's will stop selling brown eggs in favor of white eggs to cut emissions by 2035. Morrisons and Waitrose refuse to follow, sparking customer backlash.
Lloyds Bank Reassuring Update for UK Businesses
Lloyds Bank reports business confidence rose to 47% in May, with trading outlook up four points to 58%. Construction sector sees biggest rebound.
Lloyds Bank Launches £500M University Retrofit Programme
Lloyds Bank announces a £500M initiative to retrofit UK universities, supporting up to 4,000 jobs and modernising 300 campus buildings, backed by the National Wealth Fund.
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Aston Villa Squad Review: Summer Transfer Plans
Aston Villa's summer transfer window is set to begin after Europa League triumph. With Champions League qualification, Villa has more flexibility but faces squad cost rules. Player sales could boost spending, but losing Morgan Rogers would leave a gap.
1p Loophole Lets ISA Savers Avoid 22% Tax Charge
A 1p loophole could help savers avoid Rachel Reeves' 22% tax charge on cash held in stocks and shares ISAs, as new rules take effect from April 2027.
Vodafone Unlimited Data SIM Only Sale in Birmingham
Vodafone's unlimited data SIM-only plans are now on sale in Birmingham. Get fast 5G speeds with no data caps. Compare prices and find the best deal for you.
Craig Gardner Departs Birmingham City Director Role
Craig Gardner has stepped down as Birmingham City's Director of Football after five years, during which he oversaw recruitment and played a key role in the club's takeover.
NatWest Invests £50M in Branches After Over 1,000 Closures
NatWest pledges £50m investment and no branch closures until 2029, reversing a decade of over 1,000 closures. Nine branches will shut as part of final overhaul.
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Salisbury Playhouse Unveils £22m Transformation Plan
Salisbury Playhouse announces a £22m redevelopment project to mark its 50th anniversary, aiming for net zero, full accessibility, and enhanced facilities to secure its future as a leading theatre.
Hotpoint Induction Hob Cashback: Save on Kitchen Upgrade
Hotpoint offers cashback on induction hobs, making kitchen upgrades more affordable. Learn how to claim and save on energy-efficient cooking.
UK Car Sales Post-Covid High in May as Chinese EV Brands Surge
UK car sales rose to their strongest May level since before the pandemic, driven by Chinese manufacturers BYD and Chery. EV sales surged 34.2%, capturing 27.3% market share.
HMRC Scraps VAT on Business Donations to Charities
HMRC has scrapped a long-standing VAT on businesses donating goods to charities, effective from April 2026, in a move hailed as excellent for the sector.
Birmingham City's Summer Transfer Budget Under SCR Rules
Championship clubs voted to replace PSR with Squad Cost Ratio (SCR). Birmingham City can spend 85% of revenue on football costs. Find out how this affects their transfer budget.
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130-Home Alsager Plan Set for Approval Despite Objections
Plans for 130 homes in Alsager countryside are recommended for approval despite objections from the town council and 119 residents, citing housing land supply issues.
Shark Cordless Vacuum Deal: Self-Emptying on Amazon
Amazon slashes price on Shark's self-emptying cordless vacuum. Save big on this powerful, convenient cleaner with auto-empty dock. Limited time offer.
Dudley Council reassures businesses amid shop land sale plans
Dudley Council says businesses are safe as it investigates selling land under shops, with leases honoured and businesses sold as ongoing concerns.
British Land Appoints Joanne McNamara as CEO
British Land has appointed Joanne McNamara, an executive from Oxford Properties, as its new chief executive. She will succeed Simon Carter, who is leaving to lead P3 Logistics Parks.
YouSend Stablecoin App Launches in UK
YouSend, a stablecoin-based remittance app, has gone live in the UK, offering faster and cheaper international money transfers using blockchain technology.
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Mole Valley returns to profit after difficult period
Mole Valley Farmers, a Devon-based agricultural supply business, has returned to profit after two difficult years, reporting a £500,000 operating profit for 2025.
Birmingham Man Jailed for Stealing Over £800k from Family Business
Shuaib Hussain, 24, stole over £800,000 from his family's business and was jailed for four years and 10 months. He spent the money on luxury goods and online gaming donations.
Admiral Finalises £80m Flock Acquisition
Admiral has completed its £80m acquisition of digital commercial fleet insurer Flock, integrating its AI platform and team into Admiral's fleet insurance offering.
Birmingham fraudster stole £800k from family firm
Shuaib Hussain, 24, betrayed his family business by stealing over £800,000 to fund perfumes, designer clothes, and Twitch donations. He was jailed for 4 years and 10 months.
Welsh Business Confidence Falls in May, UK Up
Lloyds research shows Welsh business confidence fell in May to 23%, down from 38% in April, while UK confidence rose to 47%. Firms focus on training, sustainability, and AI.
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Hong Kong Top Cross-Boundary Wealth Hub
Hong Kong has overtaken Switzerland to become the world's number one cross-boundary wealth hub, managing $2.2 trillion in assets, driven by inflows from mainland China and Asia.
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