Author: Sam Allcock

Flowtech has completed a £350,000 acquisition of Thorite, a UK-based supplier of pneumatics and fluid products, as part of its strategic expansion plan.This move is expected to enhance Flowtech’s operational efficiency and market reach, offering new products and services with minimal overlap.Strategic Acquisition OverviewFlowtech has strategically acquired Thorite, a move that signals significant intention to enhance their footprint across the UK. This acquisition, valued at £350,000, encompasses Thorite’s assets, including equipment and inventory. The acquisition aims to leverage Thorite’s existing infrastructure and expertise, optimising operational efficiencies and expanding Flowtech’s reach into new markets, thereby offering a broader spectrum of products…

A new initiative for a vast clean growth hub at Port of Barry aims to drive innovation and sustainability. This development seeks to attract significant investments.Plans have been unveiled for a transformative clean growth hub at the Port of Barry. Covering over 100 acres, this project is designed to attract significant investments and create numerous job opportunities. The existing low-carbon infrastructure at Barry makes it an ideal location to spearhead this initiative.The hub is a collaborative effort between Associated British Ports (ABP) and px Group, known for operating Saltend Chemicals Park. This partnership aims to capitalise on Barry’s potential in…

A group of Conservative MPs has demanded a formal investigation into the Financial Conduct Authority’s actions concerning the WealthTek scandal.Led by Shadow Business Secretary Kevin Hollinrake, these MPs have formally written to Chancellor Rachel Reeves, citing grave allegations against the FCA.MPs Demand Inquiry into FCA’s ActionsThe Financial Conduct Authority’s handling of the WealthTek scandal has led to calls for an inquiry from several Conservative MPs. Led by Shadow Business Secretary Kevin Hollinrake, the group addressed a letter to Chancellor Rachel Reeves, highlighting “deeply concerning allegations” about the FCA’s failure to act on whistleblower information regarding potential fraud. They urge an…

Discover the keys to successful cryptocurrency day trading, focusing on high volatility and liquidity to maximise profits.This guide explores strategies, tools, and best practices for thriving in rapidly shifting crypto markets.Explore top cryptocurrencies for day trading, selected for unique attributes and trading potential. Bitcoin (BTC) has high liquidity and market dominance. Ethereum (ETH) offers robust smart contract capabilities. Binance Coin (BNB) provides trading fee discounts on Binance. Solana (SOL) boasts high transaction speeds. Internet Computers (ICP) revolutionises decentralised web applications. Tron (TRX) focuses on digital content sharing. Cosmos (ATOM) enhances blockchain interoperability.Bitcoin, as the most well-known cryptocurrency, holds substantial market…

Henry Boot Construction has embarked on a transformative journey within Rotherham Markets, initiating key fabrication works as part of an extensive redevelopment project.This £36 million initiative is set to revitalise the market area, promising enhanced facilities and a fortified sense of community in the region.Commencement of Redevelopment WorksHenry Boot Construction has initiated the fabrication stage of the ambitious £36 million Rotherham Markets redevelopment project. This phase marks a significant step forward in transforming the area, with the aim of revitalising both indoor and outdoor market spaces. The project will enhance the communal infrastructure, making it more accessible and appealing to…

This week, several North East companies have announced key promotions and new hires, reflecting a drive for growth and innovation across the region.Organisations such as Biodiverse Consulting, Lycetts, Avison Young, Castle, and Armstrong Watson are at the forefront of these significant changes, each enhancing their teams to meet evolving industry demands.Biodiverse Consulting’s New RecruitsBiodiverse Consulting, a prominent North East environmental consultancy, recently made strategic hires, welcoming recent graduates alongside an ecology intern to enrich their team. These additions align with the firm’s expertise in providing solutions for the Biodiversity Net Gain legislation, which has prompted significant growth in clientele within…

Shein faces renewed scrutiny as it gears up for a potential public offering on the London Stock Exchange. Recent findings of child labour in its supply chain have heightened concerns among stakeholders.The fast fashion retailer disclosed two cases involving minors last year, putting its ethical practices under the spotlight. Shein’s response to these revelations could significantly impact its market ambitions in the UK.Child Labour Concerns EmergeShein, a fast fashion giant, has disclosed two incidents of child labour within its supply chain. This revelation surfaced as the company is considering a significant public listing on the London Stock Exchange (LSE). Supplier…

Davisons Law has recently relocated its Four Oaks office, a strategic move aimed at accommodating its growing team.Situated in north Birmingham, the firm shifted from 254 to 260 Lichfield Road, reflecting its commitment to maintaining local ties.Davisons Law has strategically relocated its Four Oaks team, moving from 254 Lichfield Road to Milford House at 260. This move comes after more than 20 years at the previous address. The firm remains committed to staying within the same area, ensuring continuity for both its staff and clients. The new location allows for expanded operations, addressing the demands of a growing legal team.Equity…

The acquisition of Green Switch Capital by French energy group Qair represents a pivotal advancement within the UK renewable energy sector.This move is set to expand Qair’s operational footprint across the United Kingdom significantly.In a significant move to bolster its influence in the UK renewable energy market, the French company, Qair, has taken a commanding step by acquiring a “significant majority share” in Green Switch Capital (GSC). This acquisition grants Qair an enhanced platform to expand its existing UK operations and integrate solar PV, battery storage, and onshore wind technologies into its portfolio. This strategic acquisition signals Qair’s commitment to…

Wellness group Raiys has taken a significant step by acquiring streaming service Ashia in a strategic pre-pack deal. This acquisition highlights Raiys’ commitment to expanding its growth strategy and enhancing digital well-being solutions for its clients.The acquisition of Ashia comes after its former parent, Scottish company Frog Systems, went into administration. Despite the challenges, this move secures jobs and marks a promising future for Ashia under Raiys’ ownership.The acquisition of Ashia by Raiys signifies a monumental shift in the digital well-being sector. With Ashia’s focus on providing 24/7 well-being support for individuals and businesses, Raiys aims to extend its influence…