Left to Right: Paul Secker, George Richardson and Ian Forde-Smith A Cheshire company behind an airport management platform has plans to double its headcount after raising $12.6m. The Series A funding round into Macclesfield-based AeroCloud was led by US fund Stage 2 Capital and supported by I2BF Global Ventures, Triple Point Ventures and Praetura Ventures. […]
AIRPORT TECH FIRM DOUBLE HEADCOUNT AFTER RECENT FUNDING Read More »
JLLighting and JLLive are joining together under one new single brand identity and comprehensive offering. JLL will be a ‘one stop shop’ full-service technical production partner. By combining the two sides of the business, the team aim to further the audience experiences they can deliver and continue to push the boundaries of creativity within the
TECHNICAL PRODUCTION BUSINESSES UNIFY UNDER ONE BRAND Read More »
A company that collapsed into administration a year ago is to be liquidated. All employees at TVR Express were made redundant when the business failed in February 2022. At the time Rehan Ahmed and Tauseef Rashid of business advisory firm Quantuma were appointed as joint administrators of the company. TVR Express, which also had deals
COMPANY THAT LOST AMAZON DEAL TO ENTER LIQUIDATION Read More »
Dalata Hotel Group plc (“Dalata” or “the Group”), the largest hotel operator in Ireland, with a growing presence in the United Kingdom and continental Europe, is pleased to announce the addition of a new 192-bedroom hotel at 240 Seven Sisters Road, Finsbury Park, North London to its hotel portfolio. Under the transaction, Dalata has acquired
HOTEL GROUP ANNOUNCES PURCHASE OF NEW LONDON HOTEL Read More »
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 »
Accountancy watchdog the Financial Reporting Council has launched an investigation into big four firm PwC’s auditing of shopping centre and leisure group Intu Properties plc. The audit and accountancy regulator will look at PwC’s handling of Intu’s 2017 and 2018 accounts, a period before the firm’s collapse into administration. Following a drop in rents brought
INVESTIGATION LAUNCHED INTO FAILED SHOPPING CENTRE GROUP AUDIT 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 »
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 »
