Author: Dave Antrobus
The logistics sector in Gloucestershire is on the cusp of significant expansion. Stroud District Council has given its approval for a new development near the M5.This project is expected to create approximately 1,200 jobs, indicating a substantial economic boost to the region.Stroud District Council has given the go-ahead for the development of Symmetry Park Gloucester. Situated at Junction 12 of the M5, this 67-acre scheme is set to significantly enhance the logistics infrastructure of the region. The project is estimated to contribute an impressive £62 million annually to the local economy, marking a pivotal moment for economic growth in Gloucestershire.Joseph…
A planned ferry service by Harland & Wolff from Cornwall to the Isles of Scilly was cancelled before its first trip. The shipbuilder, known for constructing the Titanic, announced the cessation recently as part of a strategic shift.Decision to Halt OperationsHarland & Wolff has announced the termination of the Scilly Ferries service, including the Atlantic Wolff fast ferry, prior to its debut journey. This decision aligns with the company’s strategy to concentrate on core business operations. The firm aims to reinforce its shipbuilding activities across its facilities in Belfast, Appledore, Methil, and Arnish.In light of recent financial adjustments, Harland &…
Evelyn Partners has expanded its footprint by acquiring Haines Watts’ offices in key northern cities. This acquisition is part of a strategic plan to enhance their professional services offerings.The offices in Manchester, Leeds, and Newcastle, which cater to entrepreneurial businesses, are included in this significant transaction. This move brings together a competent team and aligns with Evelyn Partners’ growth strategy.Evelyn Partners’ Strategic ExpansionIn a strategic move, Evelyn Partners acquired Haines Watts’ offices located in the North of England. These offices are in Manchester, Leeds, and Newcastle. This acquisition forms part of Evelyn Partners’ plans to strengthen their footprint in the…
Leeds Building Society is expanding its footprint in the West Midlands with a new branch in Solihull. This move, set to create five jobs, underscores the society’s community commitment.The branch will be operational by year-end, complementing digital advancements, and bolstering the society’s UK presence.Leeds Building Society is set to open a new branch in Solihull, marking its 51st site. This strategic expansion is anticipated to be operational by the end of the year. The new branch will create five jobs, including a branch manager, enriching the society’s presence in the region with its second West Midlands location.Notably, the Solihull branch…
Grant Stephens Family Law has announced a significant expansion with the opening of a new office in Swansea. This development is part of the firm’s broader strategy to enhance its presence in south west Wales.The waterfront office will be spearheaded by director Nia Thomas, supported by a team from Cardiff. This move signifies the company’s commitment to growth and client service excellence in the region.Expansion StrategyGrant Stephens Family Law has strategically chosen Swansea for the location of its new office, aiming to capitalise on client growth and increased demand. The firm has recognised Swansea’s significant potential for further expansion. As…
Talos360, an HR software leader, reported a notable increase in tech revenue and overall growth.The firm’s success is underpinned by strategic planning, innovation, and a commitment to workplace culture.Warrington-based Talos360, a specialist in HR software, has announced remarkable financial results for the year 2023. Despite the prevailing economic challenges, the company has achieved a noteworthy 10% increase in its overall sales, reaching £11.6 million, compared to £10.5 million in the previous year.Talos360’s technology sector has been the main driver of its financial success, with tech revenues soaring by an impressive 55%. This increase, from £3.3 million to £5.1 million, represents…
Kelly Ortberg has been named the new CEO of Boeing, marking a significant shift in leadership. Ortberg brings extensive experience from his time at Rockwell Collins.His appointment signifies Boeing’s commitment to overcoming current challenges while innovatively leading within the aerospace sector.Strategic Leadership Transition at BoeingBoeing has announced that Kelly Ortberg, a seasoned leader in the aerospace industry, will assume the role of CEO effective August 8, 2024. Ortberg, aged 64, has accumulated over three decades of experience, having previously led Rockwell Collins through significant mergers and served the Aerospace Industries Association as Chair. His appointment follows the departure of Dave…
The annual “Pride in the City” event in Newcastle has recorded a remarkable economic contribution amounting to £4 million this year. Such significant findings were revealed by the city’s BID company, underscoring the event’s value to the local economy.This year’s Pride in the City event drew unprecedented numbers, with over 82,000 attendees participating in various activities across the city centre. The festival not only welcomed visitors from different parts of the UK but also marked the first Pride experience for approximately one-third of the participants. Highlighting diversity, 75% of attendees identified as LGBTQIA+, showcasing the inclusivity of the event.Such events…
Metro Bank has announced its forecast to turn profitable by the year’s end, following a pretax loss in the first half of 2024.Despite reporting a significant pretax loss of £33.5 million for the first half of 2024, Metro Bank has set a hopeful projection for profitability by year’s end. This contrasts markedly with a £15.4 million profit recorded in the same timeframe the previous year. However, the bank remains confident in its strategic initiatives aimed at financial recovery.The reported financial downturn at Metro Bank was largely due to a drop in net interest margins, which slipped from 1.85% in the…
Hull-based Rubicon Bridge is making waves in the regulatory technology sector with its ambitious expansion plans.Their focus on automated compliance solutions positions them as key facilitators for businesses entering international markets.Rubicon Bridge, a prominent player in the regulatory technology sector, has announced significant expansion plans across Europe. The firm specialises in offering automated compliance solutions to businesses navigating complex international markets. With recent office openings in Amsterdam and Salt Lake City, Rubicon Bridge is well-positioned to support businesses seeking to scale internationally. These offices represent a strategic move to cater to growing customer demand in key regions.The expansion into these…