The Wilko discount store chain has announced the equivalent of 400 jobs is set to go as it cuts costs in a “fight for survival”. The chain had already announced it plans to cut 95 jobs at its contact centre in Worksop after outsourcing to a company in South Africa. A further 150 assistant store […]
STORE CHAIN CUTTING JOBS IN FIGHT FOR SURVIVAL Read More »
North East hospitality company Cairn Group has posted record results with turnover topping £100m for the first time – beating pre-pandemic levels. The Newcastle based leisure property owner and developer, which owns the Station Hotel in Newcastle has toasted a rapid return to profitability, after a successful year of trading saw turnover jump from £34.1m
LEISURE GROUP TURNOVER EXCEEDS £100 MILLION Read More »
A fast-growing Wiltshire furniture business has set its sights on global growth after its sales grew to almost £17m in seven years. Furniturebox, founded by Monty George and Dan Beckles after they left school in Salisbury, said it was expecting global sales to grow from 5% to up to 50% of its total business over
FURNITURE BUSINESS EYES GLOBAL GROWTH Read More »
Profits at Leicestershire headquartered homewares giant Dunelm dropped by a sixth in the second half of last year, partly due to inflationary pressures. The business reported pre-tax profits of £117.4 million for the half year, down from £140.8 million a year before. That came despite its sales rising 5 per cent to £835 for the
DUNELM SEES PROFITS DROP AS INFLATION CONTINUES Read More »
Dr Ollie Folayan MBE (L) and Dr Roy Bitrus (R), co-chairs of AFBE-UK Scotland Diversity and inclusion organisation AFBE-UK has appointed two new co-chairs. Dr Awai Collins-Harrison becomes AFBE-UK England’s co-chair alongside national chair, Dr Nike Folayan, while Dr Roy Bitrus becomes AFBE-UK Scotland’s co-chair alongside chair, Dr Ollie Folayan. AFBE-UK supports young people, particularly
AFBE-UK STRENGTHENS LEADERSHIP TEAM WITH KEY APPOINTMENTS Read More »
Norman Soutar (L) and Jane Stewart (R) Leading figures from the world of food and business have joined one of the UK’s biggest ingredients firms to help it achieve the next stage of its growth plans. Norman Soutar and Jane Stewart join the team at Macphie Ltd as Non-Executive Directors, bringing with them a wealth
FOOD FIRM SECURES FORMER AUNT BESSIE’S TRAILBLAZER Read More »
E-bike and e-scooter firm Beryl has secured £2m to develop a new factory in Dorset. The firm, which operates hire schemes in Bournemouth, Christchurch and Poole, is looking to begin work on the manufacturing hub in Poole later this year. It added that its plans, which have received the boost from Midlands-based finance firm Frontier
E-BIKE FIRM SECURES DEAL FOR NEW FACOTRY Read More »
Alex Brewster (L) & Scott Brewster (R) Resource management company, Brewster Brothers, has put forward new evidence of the growing confidence in recycled aggregates. Brewster Brothers operates one of the largest closed-loop wash plants in the UK. Over the past four years, the company has diverted over 1 million tonnes of construction, demolition and excavation
CONFIDENCE IN RECYCLED AGGREGATES GROWS ACCORDING TO NEW EVIDENCE Read More »
Total Fitness returned to the black for the first time since 2015 during its latest financial year after its turnover returned to near pre-pandemic levels. The Cheshire-headquartered gym group has reported a pre-tax profit of £961,000 for the 12 months to June 30, 2022, up from the £8.5m loss it posted in the prior 18
GYM CHAIN MAKES FRIST PROFIT IN YEARS AFTER ATTRACTING NEW MEMBERS Read More »
One of the North East’s largest construction firms is in severe financial difficulties that have put a question mark over its future. Gateshead firm Tolent is a £200m business which employs around 450 people. The company has been involved in some of the region’s largest recent building projects, including Hadrian’s Tower in Newcastle, the Milburngate
CONSTRUCTION FIRM FACING MAJOR FINANCIAL ISSUES Read More »
