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An offshore wind farm
Siemens Gamesa factory in Hull wins £1bn wind turbine contract
The contract from ScottishPower is for its East Anglia TWO offshore wind farm, which aims to power almost a million homes
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Chipmaker Graphcore to increase workforce by 20 per cent
Employment
The Bristol headquartered technology firm is creating roles across all its offices in the UK and internationally
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Direct Line set to cut 550 jobs as 'challenging' motor market bites
By City AM
The insurance broker is looking to axe the roles as it looks to deliver cost savings of around £50m in 2025. The firm said the move is part of its drive to create a 'leaner and more efficient operating model'
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NatWest buys back £1bn shares in latest step towards privatisation
NatWest
The lender has now bought back £2.2bn of state-owned shares so far this year
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Saving the day: How helping employees save could have ‘immediate and direct impact’ on thousands of families
Employment
'We think this approach could be as transformative as the intro of auto enrolment for pensions'
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Remembrance: British soldier who quit the army to take over family farm and adventure park
Remembrance Day
Doug Douglas, whose military career included tours of Afghanistan and Iraq, speaks to Business Live about his journey from the Armed Forces into the world of business
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Heathrow Airport poised to break pre-pandemic passenger records after record-breaking October
By City AM
A total of 7.2 million passengers travelled through Heathrow last month
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JLR defies metal supply problems to see ‘resilient’ second quarter as electric vehicle push continues
Jaguar Land Rover
Jaguar Land Rover owner says second quarter saw issues with aluminium supplies
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Tata submit plans for £1.2bn electric arc furnace in Port Talbot
Swansea Bay City Region
Subject to planning it is expected to become operational in 2027
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NHS software supplier Kainos reports drop in revenue amid tough trading environment
By City AM
Software provider Kainos, which is a key supplier to the NHS, reported revenue of £183.1m in the first half of the year, down five per cent year on year
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What President Trump and his tariff plans will mean for global trade
Economy
The cornerstone of his policies involves a proposed 60% tariff on Chinese imports and a baseline 10% on all other imports.
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The genius way to reward employees this Christmas and beyond
Retail
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EmploymentCorporate Britain needs to 'wake up' to potential talent of ex-offenders, charity boss says
Eva Hamilton MBE says horse therapy could ease strain on UK's prison system and is calling for government support
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More than third of major airports raise drop-off fees
Transport
The RAC has said it is "bordering on the ridiculous"
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Bank of England should cut interest rates to help households, says Monetary Policy Committee member
Bank Of England
Swati Dhingra said the Bank of England should cut interest rates in order to help stop the squeeze on living standards
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£62m battery energy storage development planned for Teesworks following EOS deal
Climate Agenda
The announcement comes on the back of a number of renewable energy projects set to come to the Teesworks site
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West Midlands gigafactory team says next Government must attract more battery investment to the UK
Automotive
Greenpower Park says UK is falling behind other countries
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Enterprise

By City AMAstrazeneca reports robust sales growth and upgrades full-year guidance amidst challenges in China
The pharmaceuticals giant said it is "committed to delivering innovative life-changing medicines to patients in China" despite the ongoing situation
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Fortress Investment Group snaps up Curzon to bolster its global cinema and streaming portfolio
By City AM
Fortress Investment Group said it plans to support Curzon's expansion of its cinema footprint, as well as make progress on its awards and release plans
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Drax earnings to surpass £1bn after strong year across electricity and pellet business
Energy
The group is hoping to generate more growth through the launch of a carbon removals business, based in the US
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Salford towers set to be demolished to make way for new student blocks
Enterprise
Eddie Colman Court and John Lester Court were the first high rise blocks in their part of Salford when they were built in the 1960s
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Siemens Gamesa factory in Hull wins £1bn wind turbine contract
Climate Agenda
The contract from ScottishPower is for its East Anglia TWO offshore wind farm, which aims to power almost a million homes
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Technology

By City AMVodafone sees revenue growth and completes share buyback amidst market challenges
The telecoms giant has reported a jump in operating profit today and reiterated its financial guidance for the year after a string of asset disposals
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Sedgefield tech firm Filtronic to launch new design centre at Cambridge Science Park
Engineering
Telecoms tech business Filtronic has announced plans to launch a new base in the South East.
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Zoo Digital narrows losses as Hollywood recovers from damaging strikes
Company Results
The supplier to streaming services said it had substantially reduced costs amid efforts to reach cash breakeven
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Chipmaker Graphcore to increase workforce by 20 per cent
Employment
The Bristol headquartered technology firm is creating roles across all its offices in the UK and internationally
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Workday's UK profits soar as it doubles down on investment and partnerships
By City AM
The US group's division has reported a pre-tax profit of $39.5m (£30.6m) for the 12 months to 31 January, 2024, according to newly-filed accounts with Companies House.
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Retail Consumer

By City AMAssos of Switzerland launches legal action against online fashion retailer Asos
The fast-fashion giant has been accused of breaching a contract by the premium cyclewear brand, which has a 'equipment not clothing' slogan for its website
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Greggs provides one million meals in surplus food to UK charities and community groups
Food and Drink
The Newcastle firm reached the milestone through its partnership with food redistribution charity FareShare
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Harrods staff threaten Christmas strike over bonus and working conditions amid soaring profits
By City AM
The iconic London store is facing the threat of strike action over the critical Christmas period after staff demanded a festive bonus and an inflation-busting pay rise
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Burberry braced for Moncler acquisition as staff instructed to remain silent
By City AM
Rumours began to circulate last week that the listed brand was set for a takeover by the skiwear maker, but both firms declined to comment on the news
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Heathrow Airport poised to break pre-pandemic passenger records after record-breaking October
By City AM
A total of 7.2 million passengers travelled through Heathrow last month
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Manufacturing

EngineeringTyneside engineers Houghton International chalks up record revenues ahead of US acquisition
The company was run as a family business for 40 years until it was snapped up by IPS last year
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Vistry shares plunge as it reveals full extent of issues in South division
By City AM
Vistry shares plunged last month after it flagged a profit hit from costs being understated in its South division. It's now revealed the true extent of the losses
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JLR defies metal supply problems to see ‘resilient’ second quarter as electric vehicle push continues
Jaguar Land Rover
Jaguar Land Rover owner says second quarter saw issues with aluminium supplies
Bookmark
Tata submit plans for £1.2bn electric arc furnace in Port Talbot
Swansea Bay City Region
Subject to planning it is expected to become operational in 2027
Bookmark
Luxury car giant Bentley extends electric vehicle strategy timeline to 2035 as first EV SUV is set for 2026
Automotive
Beyond100 push now rebranded as Beyond100+
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Commercial Property

West MidlandsManufacturer secures huge land deal in Birmingham
Rockwool has agreed terms to buy 114 acres of land at the Peddimore site with the aim of building a state-of-the-art manufacturing hub
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North Cornwall hotel put up for sale following renovation
Hotels
Widemouth Manor is a family-run establishment with a license for weddings and events
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Green light for £20m logistics project
West Midlands
Barberry wins council backing for its new project in Warwick
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Landmark Newcastle pub acquired by Midlands group
property news
The Keelman and Big Lamp Brewery has been snapped up by Valiant Pub Company
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CBRE to move South West and Wales staff to new offices
Offices
A total of 90 employees will move into space in the landmark EQ building in Bristol
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Professional Services

By City AMMetro Bank hit with £16.7m fine for inadequate monitoring of £51bn worth of transactions
The FCA said that Metro Bank had failed to adequately monitor over 60 million transactions for money laundering risks between June 2016 and December 2020
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Scunthorpe accounting firm Jackson Stapleton secures £150,000 funding deal
Deals
The funding will fuel Jackson Stapleton’s continued growth, enabling a new acquisition in Retford
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Bitcoin price rockets to new all-time high as Trump effect continues
By City AM
The price of Bitcoin has surged above $82,000 to a new all-time high as the cryptocurrency continues its post-election rally in the wake of Donald Trump's return to the White House
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NatWest buys back £1bn shares in latest step towards privatisation
NatWest
The lender has now bought back £2.2bn of state-owned shares so far this year
Bookmark
Saving the day: How helping employees save could have ‘immediate and direct impact’ on thousands of families
Employment
'We think this approach could be as transformative as the intro of auto enrolment for pensions'
Bookmark

Economic Development

Economic DevelopmentSalford Quays to Manchester city centre: Plans for enhanced bus service unveiledSalford City Council and Transport for Greater Manchester (TfGM) aim to improve public transport between key zones
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North East economy seeing fastest rise in new business in three years, survey says
Economy
The NatWest Growth Tracker points to a number of positive signs in the regional economy, though job levels fell
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Swindon train station regeneration plans reach new 'milestone'
Network Rail
It is hoped the project will help to transform the town and the area around the railway
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Former cottage hospital to be transformed into 16 new apartments
North West
Project approved by Trafford's planning committee
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New estate of affordable houses set for outskirts of Preston
North West
The 48 homes will all be offered for either affordable rent or shared ownership
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West MidlandsMaritime Transport to operate new £1bn West Midlands InterchangeNew logistics hub will be served by West Coast Main Line and strive to move more freight traffic on the UK rail network
Discover a new home for your business: Mandale Group’s new business parks soar in Teesside
Partner Stories
Stockton-based developer brings its Hybrid Industrial Units to Middlesbrough, Stokesley and Eaglescliffe
Black Friday sale: Get 75% off our business of football newsletter
News
Stay up to date with the biggest financial deals in football with The Bottom Line newsletter - subscribe this week to get 75% off
165 room hotel and leisure complex will act like a traffic-free ski resort for the Derbyshire Peaks
Commercial Property
£300m site will be a car-free hub – taking guests into the Peaks for biking and hiking, nature, heritage, sport and culture
North Somerset estate agent's Parker's appoints new manager at Backwell office
Appointments
Simon Russell joins the team from Ocean Estate Agents
By City AMThe Bank of England's latest interest rate decision is a sign of things to comeThe Bank of England's decision to cut its benchmark interest rate for a second time came as a surprise to many, but the central bank has been paving the way for the move for several months now.
Swindon train station regeneration plans reach new 'milestone'
Network Rail
It is hoped the project will help to transform the town and the area around the railway
North East deals of the week: key contracts, investments and acquisitions
Deals
Companies featuring in this week's round-up include Dance City, TSG, Aspire, Port of Blyth, Sage, Port of Tyne, Accord Healthcare, FAT32 and Secureshield
Siemens Gamesa factory in Hull wins £1bn wind turbine contract
Climate Agenda
The contract from ScottishPower is for its East Anglia TWO offshore wind farm, which aims to power almost a million homes
What President Trump and his tariff plans will mean for global trade
Economy
The cornerstone of his policies involves a proposed 60% tariff on Chinese imports and a baseline 10% on all other imports.
By City AMMetro Bank hit with £16.7m fine for inadequate monitoring of £51bn worth of transactionsThe FCA said that Metro Bank had failed to adequately monitor over 60 million transactions for money laundering risks between June 2016 and December 2020
Manufacturer secures huge land deal in Birmingham
West Midlands
Rockwool has agreed terms to buy 114 acres of land at the Peddimore site with the aim of building a state-of-the-art manufacturing hub
North Cornwall hotel put up for sale following renovation
Hotels
Widemouth Manor is a family-run establishment with a license for weddings and events
Astrazeneca reports robust sales growth and upgrades full-year guidance amidst challenges in China
By City AM
The pharmaceuticals giant said it is "committed to delivering innovative life-changing medicines to patients in China" despite the ongoing situation
Assos of Switzerland launches legal action against online fashion retailer Asos
By City AM
The fast-fashion giant has been accused of breaching a contract by the premium cyclewear brand, which has a 'equipment not clothing' slogan for its website