Highcross Shopping Centre, previously described as the flagship destination in the Hammerson property empire, has entered receivership. Global property specialists Savills stepped in as receivers at the Leicester shopping mall on February 9 according to letters posted last week to shops and business operating there. Tenants have been told Savills is involved solely with the […]
LEICESTER SHOPPING CENTRE GOES INTO RECEIVERSHIP Read More »
Airline operator Jet2 is creating around 60 new jobs at Newcastle International Airport after ramping up operations. Jet2.com and Jet2holidays is preparing for its biggest ever summer operation at the airport, where it now has eight aircraft based on site with plans to increase to nine during the peak summer season. The airline and tour
JEST2 CREATES NEW JOBS AMID INVESTMENT IN NEWCASTLE AIRPORT Read More »
Around 3,300 bus drivers and engineers at National Express in the West Midlands are set to go on strike later this month. Almost the entire West Midlands bus network will be shut from March 16 as a result of all- out action which will continue indefinitely in the ongoing row over pay, after more than
NATIONAL EXPRESS TO SEE STRIKE ACTION Read More »
Venture capital investment into South West businesses is rising with innovative firms securing almost half a billion pounds last year. New data from financial services giant KPMG has shown companies in the region secured £455m across 124 deals in 2022. This represented a 9% rise from the £416m raised in 2021. KPMG said almost half
SOUTH WEST FIRMS SECURED HALF A BILLION IN FUNDING LAST YEAR Read More »
A landmark ‘planet positive’ office development is set to power up the second phase of development work at Newcastle’s key regeneration zone Stephenson Quarter. The Pioneer – a 100,000sqft building set over 10 storeys with indoor and outdoor workspace – has been unveiled by the joint venture leading the redevelopment of the area, having been
LANDMARK OFFICE UNVEILED BY DEVELOPERS Read More »
A rail group is now under UK ownership and sporting a new name following the completion of a management buyout from its Dutch parent company. Abellio UK is now called Transport UK Group and functioning as a standalone entity after the MBO deal was completed with its state-backed owner Nederlandse Spoorwegen. The buyout has received
ABELLIO UK COMPLETES BUYOUT FROM PARENT COMPANY Read More »
Commercial property firm UK Land Estates has re-acquired significant chunks of three North East industrial estates in a major multimillion-pound deal. The landlord and developer, which now has about 600 tenants across its properties, has bought parts of North Tyneside’s New York Industrial Estate, Cramlington Nelson Park and Boldon Industrial Estate in an undisclosed deal.
LAND ESTATES MAKES MULTIPLE ACQUISITIONS ACROSS BUSINESS PARKS Read More »
Housebuilder Taylor Wimpey has announced a new partnership with the British Army which will see it provide more than 170 homes for soldiers and their families in Gloucestershire. The company said a “landmark” purchase agreement it had reached with the Defence Infrastructure Organisation – the operator of the MoD’s built and rural estate.- would help
HOUSEBUILDER DELIVERING HOMES FOR SOLDIERS IN GLOUCESTERSHIRE Read More »
The Oxfordshire Local Enterprise Partnership (OxLEP) has launched a brand-new podcast this week, OxTalks, for businesses in Oxfordshire and beyond wanting to take their organisation to the next level. OxTalks explores the big questions in business, from finding and retaining talent, to adopting new technologies, Environmental, Social and Governance (ESG) and creating equal opportunities. The
OXFORDSHIRE LOCAL ENTERPRISE LAUNCHES NEW PODCAST SERIES Read More »
Liverpool has reported a pre-tax profit of £7.5m for last season, with rocketing off-field costs reducing the overall benefit of a £107m increase in revenue. In a campaign in which the Premier League club came within two matches of winning an unprecedented quadruple, finishing with an FA Cup and League Cup double, revenue rose to
LIVERPOOL REVENUE SURGE REDUCED BY OFF FIELD COSTS Read More »
