Daily round-up by The Business Magazine, providing details on some of the top news stories across the South of England on www.thebusinessmagazine.co.uk
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The Business Case presented by The Business Magazine
The Business Magazine with Mark Wharrier and Phil Clark
Conversations with inspiring business leaders in the UK. Presented by Mark Wharrier and Phil Clark, two experienced financial markets professionals with over 75 years combined industry experience. Each episode will interview a founder or CEO of a UK business that has excelled in their role, we'll discuss the high's and low's, the lessons learned and stories behind the leader.
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This monthly podcast by The Business Magazine will cover many parts of the property industry across the south of England. Presented in partnership with MSP Capital, this podcast will be keeping those involved or interested in the property industry up to date with content across a variety of topics in the sector.
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The Business Case interview with Henry Engelhardt, founder of Admiral Group PLC
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Henry Engelhardt is one the UK's most successful business leaders. Founder of the insurer Admiral Group in 1991. We'll be deep diving into Henry's career, understanding what makes him tick, the high's and low's he has experienced and the insights that have shaped his success.Af The Business Magaazine with Mark Wharrier and Phil Clark
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Business Updates: Eco Sustainable Solutions' New Plant, Vodafone & Three Merger, Light Trace Photonics Funding
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These are the top stories making the headlines across The Business Magazine website today: Work starts on £16m plant to turn food waste into energy Eco Sustainable Solutions has commenced construction on a £15.6 million anaerobic digestion plant in Dorset, designed to convert over 50,000 tonnes of food waste annually into 60GWhs of biomethane, enou…
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Octopus Energy Expands in Coventry; Orbit & Evergreen Boost Research Collaboration
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These are the top stories making the headlines across The Business Magazine website today: Octopus boosts Coventry investment with Two Friargate expansion Octopus Energy has expanded its footprint in Coventry, securing 55,000 sq ft of Grade A office space in Two Friargate, marking one of the most significant commercial deals in the Midlands in coll…
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UK Defence Strategy, BAE's £1B Skills Push, NatWest's Mid-Market Insights
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These are the top stories making the headlines across The Business Magazine website today: Defence Secretary launches new strategy to boost UK jobs and growth The UK Defence Secretary, John Healey, has unveiled a new Defence Industrial Strategy aimed at prioritizing domestic defence firms for government investment, thereby driving economic growth, …
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The Business Case interview with Nigel Terrington, CEO of Paragon Banking Group
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Our first guest on the Business Case is Nigel Terrington, the CEO of Paragon Banking Group, one of the UK's largest specialist lending banks. Nigel is the longest serving CEO in the FTSE 250, having held the position since 1995. In this conversation we discover the factors behind this remarkable leadership tenure, what he believes the market is mis…
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Typhoo Tea Crisis, MSP Capital's New Director, Open Cosmos Lands ESA Contract
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These are the top stories making the headlines across The Business Magazine website today: Bristol's Typhoo Tea goes into administration Bristol-based Typhoo Tea has entered administration amid deepening financial struggles, with losses ballooning to £38m and over 100 jobs at risk following declining sales and a factory break-in. Full story here: h…
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Tokamak Energy's Fusion Funds, Avon Tech's Record Surge & pAiback's Travel Revolution
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These are the top stories making the headlines across The Business Magazine website today: Tokamak Energy raises $125m to commercialise fusion and magnet tech Milton Park, Oxfordshire-based Tokamak Energy has secured $125 million from a funding round co-led by East X Ventures and Lingotto Investment Management, with investments from new participant…
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Imperial Brands' Revenue Surge, E:bag Innovation, and MINI Convertible Resumes Production
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These are the top stories making the headlines across The Business Magazine website today: Vapes and nicotine pouches drive revenue rise at Bristol's Imperial Brands Imperial Brands' share price surged as the Bristol-based tobacco giant reported a 4.6% revenue increase, driven by a 26% rise in its 'next generation' products, including heated tobacc…
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QinetiQ Extends Buyback, Alex Tatham Joins CI Group, West Midlands Gets Fresh Funding
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These are the top stories making the headlines across The Business Magazine website today: QinetiQ posts good first half performance as it extends share buyback QinetiQ, the Hampshire-based defence and security contractor, reported a strong operational and financial performance in its first half, reaffirming its full-year guidance and extending its…
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Breaking Into UK Property Industry: Young Professionals Share Their Journey
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In this exclusive episode of The Business Magazine Property Podcast, with our Managing Editor, Stephen Emerson, discover the journey of four rising stars in the UK property sector as they share their experiences of entering and progressing in the industry. The panel features: · Joe Shephard (Building Surveyor, MSP Capital) · Annabel Huffer (Senior …
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EY Report: Profit Warnings Surge, Shaw Gibbs Merges, Persimmon Homes Expansion
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These are the top stories making the headlines across The Business Magazine website today: Rise in profit warnings from South East listed companies Listed companies in the South East of the UK issued 25 profit warnings in Q3 2024, nearly double the 12 from Q2 and marking the highest quarterly total in two years, contributing to a national high of 8…
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International Trade Week Kicks Off, Hampshire's Green Potential, Job Market Declines in the South
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These are the top stories making the headlines across The Business Magazine website today: International Trade Week 2024 helps businesses to go global The Department for Business and Trade's fourth International Trade Week in 2024 offers UK businesses of all sizes free events, workshops, and webinars over five days to explore global opportunities a…
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Business Surge: R3 Insolvency Spike, Freeths' Deals Frenzy, Barberry's Expansion
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These are the top stories making the headlines across The Business Magazine website today: South East sees spike in insolvency-related activity Insolvency-related activity in the South East has surged significantly from 173 cases in September to 293 in October, according to data from Creditsafe analysed by R3. Full story here: https://thebusinessma…
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M&A Booms Despite Deal Drop, UK Construction Slows, Dorset COP Tackles Climate Change
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These are the top stories making the headlines across The Business Magazine website today: South East deal volume down by 21 per cent as values soar Despite a 21% decrease in the number of deals completed in the South East, with 739 deals this year, the total deal value soared to £26.2 billion, up from £9 billion last year, according to the Quarter…
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Golden Valley Funding, Princess Anne at HS University, Whistl Expands E-Fulfillment
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These are the top stories making the headlines across The Business Magazine website today: Government confirms £20m levelling up funding for Cheltenham's Golden Valley Development The government has confirmed £20 million in levelling up funding for Cheltenham Borough Council's Golden Valley Development, a significant milestone for the project initi…
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Aquark's Quantum Tech on Navy Trials and Airbus Revenue Soars
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These are the top stories making the headlines across The Business Magazine website today: Southampton university spin-out trials its quantum tech with Royal Navy Aquark Technologies, a spin-out from Southampton University, has trialed its advanced ‘cold atom’ quantum tech for covert sea monitoring on the Royal Navy's HMS Pursuer, in collaboration …
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CybaVerse Secures £1.1M, West Midlands Recognized for Innovation, Willmott Dixon to Build Net-Zero HQ
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These are the top stories making the headlines across The Business Magazine website today: Andover’s CybaVerse closes £1.1m funding round Andover-based CybaVerse, an AI-driven cybersecurity firm led by CEO Oliver Spence, has secured over £1.1 million in funding from investors including FSE Group and the University of Sussex Business Angels to expan…
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Good Energy Eyes Acquisition, New Welbeck Medical Centre, ABP-JLL Property Partnership
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These are the top stories making the headlines across The Business Magazine website today: Busy Monday for Good Energy as it receives unsolicited offer from Dubai company, and buys another company itself Good Energy Group, a Chippenham-based renewable energy supplier, has received an unsolicited acquisition offer from Dubai's Esyasoft Holding Limit…
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Savills Office Boom, Space Solar’s Iceland Deal, and Swindon’s Stunning Recovery
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These are the top stories making the headlines across The Business Magazine website today: Savills seeing increasing uptake of office space in South East Real estate firm Savills reports a 38% year-over-year increase in office space uptake in Greater London and the South East, totaling approximately 2.1 million square feet by the end of Q3 2023. Fu…
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Vail Williams Boosts SE Property Market; Maritime UK Solent Expands; Gloucestershire Airport Sale
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These are the top stories making the headlines across The Business Magazine website today: Confidence returning to South East commercial property markets, finds Vail Williams Confidence is rebounding in South East commercial property markets, particularly in the Thames Valley, Oxford, and Surrey, according to a report by Vail Williams, though a sho…
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Thincats' Confidence Survey, £2.3B South East Water Plan, Rapid Drone Approvals at Southampton
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These are the top stories making the headlines across The Business Magazine website today: Corporate advisers survey shows continued rise in SME confidence A recent survey by alternative lender Thincats, which gathered insights from over 100 leading debt advisors, indicates that confidence among UK lower mid-market companies is on the rise, showing…
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UK Businesses in Distress, Open Cosmos 6G Satellite, Plumbworld’s 25-Year Milestone
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These are the top stories making the headlines across The Business Magazine website today: Begbies Q3 Red Flag report shows rise in firms with 'significant' financial distress as uncertainty persists The latest Begbies Traynor Red Flag Alert report reveals a 5.1% increase in UK businesses experiencing 'significant' financial distress during Q3, hig…
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Microsoft UK's CEO Joins New Advisory Council; US Tech Giants Invest £6.3B in Data Infrastructure
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These are the top stories making the headlines across The Business Magazine website today: Government launches Industrial Strategy green paper The UK government has unveiled a green paper to initiate its modern Industrial Strategy, with Microsoft UK CEO Clare Barclay set to chair the new Industrial Strategy Advisory Council to provide expert guidan…
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Dorset's Say Coffee Close to £1M Revenue, LDC Top 50 Leaders Announced, UK Owners Accelerate Exits
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These are the top stories making the headlines across The Business Magazine website today: From start-up to magic million in four years - Dorset independent coffee supplier set to generate £1 million revenue in a year In just four years, Dorset-based independent coffee supplier Say Coffee, founded by Jeffrey Barnacle after facing redundancy during …
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UK Employment Rights Bill Shake-Up, Midlands Rail Link Job Boom, Solent Cluster Leadership Addition
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These are the top stories making the headlines across The Business Magazine website today: Employment Rights Bill: South’s businesses react The UK government's new Employment Rights Bill, which bans exploitative zero-hours contracts, ends fire and rehire practices, and enhances protections for pregnant women, new mothers, and other employees from t…
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Go Ahead's Green Fleet, VIVO’s Robotic Aid, and Thames Valley Business Winners
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These are the top stories making the headlines across The Business Magazine website today: Half a billion-pound investment in electric buses Go Ahead's £500 million investment to decarbonise its fleet will benefit Plymouth, the Isle of Wight, and Gloucestershire, supporting up to 500 UK manufacturing jobs through a new manufacturing line in partner…
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Groundbreaking Whisky, Solar Farm Approval, and New Startups in Southampton
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These are the top stories making the headlines across The Business Magazine website today: Bristol’s Circumstance Distillery releases limited Andean oak whisky Bristol's Circumstance Distillery has launched the world's first whisky aged in Andean Oak, with only 101 bottles available, crafted under the guidance of head distiller Andrew Osborne. Full…
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Fusion Breakthrough, Tech Awards, Charity Ride & Investments
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These are the top stories making the headlines across The Business Magazine website today: Winners revealed at 2024 South Coast Tech & Innovation Awards At the 2024 South Coast Tech & Innovation Awards, a record number of technology companies were honored, with judges praising the high quality of finalists from both start-ups and established indust…
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Business Boosts: Kubus Investment, Westminster Wins, and Dorset Delights
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These are the top stories making the headlines across The Business Magazine website today: Costwolds' tech firm Kubus hails £9m investment from BGF Kubus, an IT infrastructure solutions firm based in Cirencester, has secured a £9 million investment from BGF to support its global expansion, enhancing its offerings in networking, storage, and cyber s…
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GMR Group Acquires Utilita Bowl Stake; Centrica Grants; The Works Reports Growth
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These are the top stories making the headlines across The Business Magazine website today: Utilita Bowl owners sell to global investor in landmark deal for British cricket GMR Group, co-owner of Delhi Capitals, has acquired a majority stake in the company behind Utilita Bowl, marking Hampshire Cricket as the first English club to join an internatio…
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Gene Editing Boost for Farmers, Wessex Water's Big Investment, Fleetsbridge Warehouses Sold
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These are the top stories making the headlines across The Business Magazine website today: Government to introduce new precision breeding technology to increase food production The government has announced new laws to introduce precision breeding technology, including gene editing, aimed at increasing food production, reducing costs for farmers, an…
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Aurrigo's 160% Surge, Oxford Drug Design Funding, Fossil-Free Fuel at National Oceanography Centre
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These are the top stories making the headlines across The Business Magazine website today: Aurrigo International sees strong growth in autonomous division in first half Coventry-based Aurrigo International plc reported a significant first-half growth in its autonomous ground handling technology division, achieving £800,000 in revenue—a 160% increas…
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UK Skills Shortages, Thames Valley Winners, and Jaguar Land Rover's Halewood Investment
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These are the top stories making the headlines across The Business Magazine website today: UK workforce needs skills overhaul, say YFM Equity Partners and WorkBuzz YFM Equity Partners and WorkBuzz urge the Labour government to address urgent skills shortages and job creation in the UK's entrepreneur economy before the autumn Budget, warning that wo…
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Talan Group Acquires Nine Feet Tall, New Growth and Skills Levy, Global Telesat’s New HQ
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These are the top stories making the headlines across The Business Magazine website today: Bath-based Nine Feet Tall acquired by international consultancy group Talan Bath-based change management company Nine Feet Tall, known for its expertise in enterprise resource planning and digital program delivery, has been acquired by the Paris-headquartered…
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FluoRok's $7.7M Raise, Liberty Leasing's $15M Boost, Hydrogen Fleet Future in South West
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These are the top stories making the headlines across The Business Magazine website today: Oxford's FluoRok raises £7.7m to transform fluorochemical production Oxford-based startup FluoRok has raised £7.7 million in an oversubscribed funding round, led by BGF and Green Generation Fund with contributions from Volta Energy Technologies, Oxford Scienc…
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UK Property Finance: Lessons from MSP Capital's £400M Success Story
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In this exclusive episode of The Business Magazine Property Podcast, with our Managing Editor, Stephen Emerson, discover the journey of MSP Capital with Managing Director, Martin Higgins. Learn how this innovative property finance company navigated the 2008 financial crisis, grew from an £8 million to a £400 million loan book, and continues to thri…
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Balance Power's Storage Win in South Gloucestershire, Tej Singh Leads CBRE Southampton
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These are the top stories making the headlines across The Business Magazine website today: Balance Power gains approval for 99MW Iron Acton battery storage project Balance Power has received planning approval for a 99MW/99MWh battery storage project in Iron Acton, South Gloucestershire, which will store renewable energy to stabilize the grid and po…
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Criterion Capital's Metro Bank Deal, Gymshark Fights Knife Crime, JUPITER Space Programme
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These are the top stories making the headlines across The Business Magazine website today: Criterion Capital completes £16m refinancing deal with Metro Bank Property group Criterion Capital has secured a £16 million, five-year refinancing deal with Metro Bank for its 123-room Zedwell Greenwich hotel, a strategic asset near the Curry Sark and O2 are…
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BDO LLP Forecasts M&A Boost, Astroscale Wins Space Grant, Sutton Coldfield Housing Project Starts
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These are the top stories making the headlines across The Business Magazine website today: Manufacturing M&A expected to increase although all eyes on October Budget Accountants BDO LLP report an expected increase in manufacturing M&A activity in the final quarter of the year, though potential capital gains tax hikes in October's Autumn Budget coul…
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Rebranding Spotlight: OXB's New Identity, GWS Media's Gamification Success, and MSP Capital's Charity Drive
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These are the top stories making the headlines across The Business Magazine website today: Oxford Biomedica rebrands as OXB amid business transformation Oxford Biomedica has rebranded as OXB to emphasize its evolution into a global CDMO specializing in cell and gene therapy, highlighting its commitment to technical excellence and high-quality viral…
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ASOS, Boohoo’s Green Claims Scrutiny; NP Aerospace Wins Defence Contract; Wildlife Partnership
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These are the top stories making the headlines across The Business Magazine website today: Making ‘green’ claims – what you need to consider Regulators, including the Competition and Markets Authority (CMA) and the Advertising Standards Authority (ASA), are scrutinizing 'green' claims made by businesses in their advertisements, with recent investig…
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UK Spinout Investment Soars, AI at CPS Conference, Manufacturers Eye Economic Boost
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These are the top stories making the headlines across The Business Magazine website today: Investment recovery for UK spin-outs after challenging 2023 A new report from Parkwalk and Beauhurst shows UK spinout investment is rebounding, with over £1 billion secured in the first half of 2024, signaling potential to surpass 2023 investment levels. Full…
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Southampton Homes Boost, Manufacturing Optimism, Vodafone-Three Merger Hits Snag
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These are the top stories making the headlines across The Business Magazine website today: Brownfield waterside site in Southampton set for 117 new homes Metis Homes is set to commence construction on a 117-home development on the 7.4-acre former Warsash Maritime Academy site in Southampton, anticipating a 20-month completion timeline and the creat…
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Framatome Delivers to Hinkley Point, Gamma Communications' Strong H1, G3 Systems Wins MOD Contract
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These are the top stories making the headlines across The Business Magazine website today: Framatome delivers stainless steel components to Hinkley Point power station Framatome has successfully delivered the latest stainless steel components from its Avonmouth facility to the Hinkley Point power station, underscoring its role as a manufacturing an…
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UK Care Home Demand Soars; Solent SME Growth 100 Announced; Future of Bristol's Bottle Yard Studios
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These are the top stories making the headlines across The Business Magazine website today: Can the Care Sector meet fast-rising demand The Care Sector in the UK faces increasing pressure to meet fast-rising demand as the aging population grows, with around 16,700 care homes, 70 percent residential, currently housing nearly half a million people. Fu…
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Insolvencies Up, Virgin Media O2 Boosts Reading, Bristol Leads in AI Readiness
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These are the top stories making the headlines across The Business Magazine website today: Insolvencies inch up in South East – but better than last year, says R3 Insolvency-related activities in the South East have increased from 178 in July to 196 in August, according to R3, although the figures remain considerably lower compared to the same peri…
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UK’s AI Treaty, Campbell West's NHS Contracts, Hampshire Air Ambulance's Mega Fundraiser
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These are the top stories making the headlines across The Business Magazine website today: UK signs first international treaty on artificial intelligence The UK government has signed an international treaty with the Council of Europe, establishing a new framework to manage AI products and safeguard the public against potential misuse while aiming t…
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Naturetrek’s Sustainability, Redding’s Silicon Valley, Expert Technologies’ Spanish Deal
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These are the top stories making the headlines across The Business Magazine website today: Naturetrek’s Andy Tucker says focus on sustainability, people and technology has been key to firm’s success Naturetrek’s Andy Tucker attributes the firm's success to a strategic focus on sustainability, people, and technology, enabling the company to thrive a…
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Ontic Growth, Temporary Workforce Trends, and MCR Property Acquisition
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These are the top stories making the headlines across The Business Magazine website today: Six reasons why Oxfordshire employers are boosting their temporary workforces Oxfordshire employers are increasingly relying on temporary workers to bridge skills gaps, compete in a tight job market, and gain a competitive edge due to low unemployment and hig…
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UK Manufacturing Growth, Prime Accountants New MD, Wi-Fi for Wildlife Trust
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These are the top stories making the headlines across The Business Magazine website today: UK manufacturing PMI at 26-month high in August The UK manufacturing sector saw a significant upturn in August, with the PMI rising to a 26-month high of 52.5, driven by increased output, new orders, and employment, alongside easing price pressures. Full stor…
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