Dec 31, 2024 · Cancellor Rachel Reeves’ UK Budget had a direct effect on the Welsh transport industry. It also had a major impact on Finance Secretary’s Mark Drakeford’s £26bn Wales budget of which £21bn (81%) comes from the Welsh block grant through the Barnett consequential funding based on an outdated formula rather than on need.

Jan 2, 2025 · The business world is never dull in the West Midlands. From a skyline full of cranes to the enduring legacy of the fantastic 2022 Commonwealth Games, the region continues to attract interest and investment from key decision makers across the world.

Jan 3, 2025 · Iconic fashion and home furnishings brand Laura Ashley, that was founded in Wales, is under new ownership. The business, which was originally set up in Powys in the 1950s by husband and wife team Laura and Bernard Ashley, has been acquired from US investment firm Gordon Brothers by fellow US firm Marquee Brands.

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Jan 3, 2025 · As with regional office markets across the country, a theme we’re predicting for Bristol in 2025 is a period of undersupply of quality stock.

Oct 30, 2024 · The minimum wage will rise to £12.21 an hour next year after the Chancellor confirmed a 6.7% increase ahead of today's Budget. Rachel Reeves described the move as a “significant step” towards delivering on Labour’s manifesto promise to introduce a “genuine living wage for working people”.

Oct 30, 2024 · A1 dualling plans scrapped. There has been hope from campaigners for decades that the A1 would be dualled up to the Scottish border. But after decades of setbacks and broken promises, residents living north of Morpeth are still waiting for a firm answer on whether the work will ever actually be given the green light as successive Governments have failed to deliver.

Sep 30, 2024 · Bosses at Parkdean Resorts have hailed record revenues this summer after enduring a challenging 2023 in which its losses grew to £110m. The Gosforth-based group owns and operates 66 holiday parks across the UK in coastal locations and areas of natural beauty, with static caravans, lodges and glamping as well as touring and camping pitches.

Apr 12, 2021 · Billionaire Lawrence Stroll has come to the fore as the man heading one of the UK's most prestigious brands. Here we look at how he made his fortune and what his plans are for Aston Martin and the F1 racing team that bears its name.

Dec 3, 2024 · The London-headquartered business opened 21 locations in its latest 12 months - a period which also saw its revenue surge from £181.7m to £231.7m