Vagabond Wines: How troubles at Heathrow and Gatwick airports led to collapse before the Majestic rescue May 22, 2024 Vagabond Wines, which has the majority of its sites in London, owed more than £10m as it collapsed into administration ahead of being rescued by Majestic Wine, it has been revealed.
Was it worth it? Birmingham 2022 Commonwealth Games generated £1.2bn for UK economy April 8, 2024 Approximately £1.2bn was contributed to the UK economy by the Birmingham 2022 Commonwealth Games, according to the new Government figures.
Japanese retailer Muji eyes up pre-pack administration deal to keep UK stores open March 28, 2024 Japanese retailer Muji is lining up a deal to sell itself out of administration in a bid to keep its UK stores open.
Work on £1.75bn Midlands Rail Hub to begin after extra funds injected February 29, 2024 Design work on the £1.75bn Midlands Rail Hub project is set to start after the government provided an extra £123m.
Why the ‘mood music’ surrounding the housing market outside London has changed February 27, 2024 An influx of new residents into Manchester, Birmingham, Leeds, Bristol, Edinburgh and Glasgow helped the housing market remain resilient during 2023, according to a new report.
Birmingham picked as home of UK’s new audit watchdog September 5, 2022 MINISTERS have chosen Birmingham as the home of the UK’s new audit watchdog, in a move that risks an internal backlash at the supervisory body it is set to replace. City A.M. understands the soon-to-be launched Audit, Reporting and Governance Authority (ARGA) watchdog will be headquartered in Britain’s second largest city, Birmingham. The new regulator [...]
Shopping centre owner Hammerson sees profits surge as footfall recovers pre-Covid levels July 28, 2022 Property developer Hammerson today said its adjusted earnings had more than doubled on last year, as higher rents as a result of the UK and Europe’s economic from Covid bolstered the shopping centre owner’s business. The London headquartered property investor said its adjusted earnings had increased 154 per cent year on year, after its like-for-like [...]
‘Gen Z events may be future of Commonwealth Games’ July 28, 2022 On a flight home from a business meeting in Guernsey, I sat across the aisle from members of the island’s Commonwealth Games team. I think I spotted sprinter Abi Galpin in her Guernsey Athletics sweatshirt, while an older member of the entourage – team manager? coach? – had his nose firmly in the World Championships [...]
Flybe to return next year, 20 months after collapse November 17, 2021 Failed UK airline Flybe is set to return to operating early next year, choosing Birmingham Airport as its new headquarters. The airline stated the move is expected to created around 200 new jobs in the Birmingham and West Midlands area over the next three years. “It was an ideal choice for us due to its [...]
CAZ and ULEZ could cost city drivers up to £40m per month October 21, 2021 Ultra-low emission zones (ULEZ) and clear air zones (CAZ) could cost 110,000 people that drive through them in London and Birmingham up to £40m per month, warned digital bank Zopa. In a research published, today the bank revealed that – as the ULEZ charge is set to expand on 25 October – purchasing a ULEZ [...]