Ayrshire based Buzzworks Holdings has secured funding from Cynergy Bank to further support its growth ambitions. The award-winning Scottish hospitality group is embarking on the next stage of its journey to becoming a £100m+ family-run business, as it continues to grow its footprint across Scotland. The funding provided by Cynergy Bank supports the refinancing of […]
A Solihull-based manufacturer specialising in innovative mobility aids is going from strength to strength after being backed to keep growing as part of mayor Richard Parker’s plans to fire up the regional economy. The Active Hands Company was founded by Rob Smith, aged 49, after a life-changing spinal cord injury while on holiday left him […]
New research reveals that 3,700 bank branches shut down across England between 2016 and 2024, averaging eight closures per week, suggesting UK entrepreneurialism is being bolstered by digital providers. Analysis of data on the closure of banks by investment platform Lightyear finds that England is home to 41 ‘banking deserts’– local authorities that have seen at least […]
Joint liquidators Andrew Watling and Duncan Beat from business advisory firm Quantuma recently entered into the first cross-border insolvency protocol between two parallel insolvency proceedings in the UK and in a member of the European Union (Italy) after Brexit. This cross-border insolvency transaction for Italian lingerie brand La Perla Global Management (UK) Limited (La Perla) […]
A new report from CPRE, the countryside charity, reveals that 59% of England’s largest operational solar farms are located on productive farmland, while almost a third (31%) of the area they cover is classified as the nation’s ‘best and most versatile’ (BMV) agricultural land. The research examined the 38 operational solar developments that produce more […]
Climate change remains the critical challenge of our time and the automotive industry’s 26th Sustainability Report, published this week by SMMT, shines a light on the significant progress the sector continues to make in driving down its environmental impact. Improvements are visible across both production and market with a -2.4% fall in energy required to make a vehicle, […]
The UK automotive industry is undergoing rapid transformation, driven by cutting-edge technological advancements and a shifting automotive landscape. However, it’s not just the technology that’s evolving – the roles that support this vital sector are also at a crossroads. While many positions remain essential today, some are at risk of disappearing entirely. Recent online UK […]
Online retailers are also struggling due to increased staffing costs caused by higher National Insurance Contributions (NICs) and minimum wage, say leading audit, tax and business advisory firm, Blick Rothenberg. Mark Cunningham, a partner at the firm, said: “The primarily online maternity fashion brand, Seraphine, going into administration is a reminder that it’s not just […]
The National Centre for Universities and Business (NCUB) has welcomed today’s announcement of over £1bn in new investment deals between the UK and France, as part of a new strategic partnership to drive innovation, advanced manufacturing, and clean growth. These investments—backed by major firms including Airbus, Thales, EDF, and Vernacare—represent a critical step toward reversing recent […]
Accounting industry revenues fell 2.6% in May 2025 to £3.56bn, compared to £3.64bn the previous month, according to the latest ONS data released today. May’s figures are also down 2.21% on May 2024’s data and are the second lowest billing for a whole year. The only month when revenues came in lower was August 2024. However, […]
