Author: Sam Allcock

The Rothen Group has expanded its footprint in the waterways sector with the acquisition of Fazeley Mill Marina near Tamworth.This strategic purchase supports Rothen’s growth ambitions and strengthens its presence in the Birmingham canal network.Acquisition DetailsThe Rothen Group, a Warwickshire-based civil engineering firm, has acquired Fazeley Mill Marina, a significant asset located at the convergence of the Birmingham and Fazeley Canal and Coventry Canal. This acquisition, for an undisclosed sum, marks a strategic expansion for Rothen, providing them with a crucial base to further their activities within the UK’s extensive canal network.Benefits of the Marina LocationFazeley Mill Marina, spanning 2.2…

Trigify.io, a promising tech start-up in Cardiff, has successfully secured £1 million in funding. The investment round, backed by River Capital and Haatch Ventures, aims to propel the firm’s growth and expansion.Trigify.io, founded last year by Max Mitcham and Hugo Millington-Drake, specialises in leveraging AI and data analytics to optimise sales processes. The company’s platform analyses data from digital platforms to generate triggers, thereby allowing sales personnel to focus on highly targeted leads.Since its inception, Trigify.io has concentrated on tech sales and consultancy. With this new investment, the start-up plans to expand its reach to other sectors by integrating additional…

PricewaterhouseCoopers (PwC) is currently under scrutiny by Revelan, a UK commercial property developer, over alleged negligent tax advice.The dispute centres around a £6.6 million lawsuit following a claimed £3 million tax liability. Revelan alleges PwC’s five-year oversight led to serious financial repercussions.PwC is currently engaged in a legal dispute with Revelan, a prominent UK commercial property developer. The accusation centres around ‘negligent’ tax advice provided by PwC, which allegedly resulted in a £3 million tax liability for Revelan. This legal confrontation highlights a critical challenge for PwC as it faces accusations of failing to deliver accurate tax calculations over a…

Almost a century since its inception, Harry Ramsden’s is set to expand beyond UK shores.The brand aims to introduce its traditional fish and chips to international customers, seeking global franchise partners.The Legacy of Harry Ramsden’sHarry Ramsden’s, a stalwart in the UK’s culinary landscape, began its journey almost a century ago in a modest wooden hut. Its commitment to excellence and a unique signature recipe has garnered a cherished place in British hearts. Today, the brand not only epitomises the quintessential fish and chip experience but is also a testament to enduring culinary traditions.In 1928, the brand’s humble beginnings soon flourished…

Amazon has unveiled plans to open a new fulfilment centre in Leeds, creating 2,000 jobs. This substantial investment is a strategic development welcomed by regional leaders.The fulfilment centre at Gateway45, Leeds, represents a £500 million investment. With advanced technology across three floors, it aims to optimise order processing efficiency while enhancing employment in the area.The establishment of Amazon’s 31st UK fulfilment centre signifies a major economic boost for Leeds and the surrounding region. By creating 2,000 new roles, this project enhances the local job market and supports economic growth. The centre’s proximity to the Wakefield site will create synergy and…

The digital currency XRP ranks among the world’s top cryptocurrencies, with its value significantly impacted by key holders.In the realm of cryptocurrency, major holders, known as ‘whales’, wield substantial influence over market fluctuations, especially within the XRP ecosystem.XRP, the native cryptocurrency of the Ripple Network, is designed for seamless cross-border transactions. Its adoption by financial institutions stems from its speed and cost-effectiveness, making it a favourite in the banking sector.Originating in 2012, XRP uses the XRP Ledger, an open-source blockchain that relies on a consensus protocol for transaction validation. This framework supports its role as a leading cryptocurrency for international…

A pivotal funding agreement has revitalised Birmingham’s iconic Mailbox complex, removing it from the market.This deal secures its future as a cornerstone economic hub in the region, following a challenging period of financial uncertainty.The renowned Birmingham Mailbox complex, once facing potential sale, has now secured a new financial lifeline. This was made possible through a £65 million loan from Leumi UK. The financing allows Martley Capital Group, the asset manager, to refinance the building efficiently, marking the end of a tumultuous phase that began last year.The transaction has fortified Mailbox REIT’s financial standing by replacing previous obligations with new sources…

Encore Envelopes, a leading name in the envelope and packaging sector, has recently unveiled its impressive financial growth, a testament to its strategic investments.The company’s proactive reinvestment policies have not only bolstered its financial standing but also enhanced its market position, setting a precedent for future success.Encore’s Strategic Investments Bear FruitThe recent financial statements of Encore Group, the North East’s leading envelope and packaging producer, reveal a significant rise in both sales and profits, underscoring the successful impact of its strategic investments. Financial records for 2023 highlight a turnover increase to £55.6m, up from £49.4m, alongside an operating profit rise…

The acquisition of iTero Gaming, a pioneering AI coaching firm based in West Wales, by GiantX marks a significant development in the esports industry.Founded by Jack Joseph Williams, iTero Gaming has quickly become a leader in AI-driven solutions for competitive gamers.The Emergence of AI in EsportsThe acquisition of iTero Gaming by GiantX underscores the significance of artificial intelligence in transforming competitive gaming. In recent years, AI has become a pivotal tool in enhancing player performance and strategic insights. This synergy between technology and gaming is rapidly evolving, offering players new avenues to refine their skills.iTero Gaming, founded by Jack Joseph…

Approximately 200 workers at SPS Technologies in Leicester are preparing to initiate industrial action, rejecting a proposed two-year pay rise.The strike is set to disrupt supply chains for major clients, including Rolls-Royce and Airbus, demanding fair wages amidst inflationary pressures.The impending strike at SPS Technologies involves around 200 workers who have deemed a proposed pay rise ‘unacceptable’. The proposal offered a 7% increase over two years and a £400 lump sum, which the workers rejected. These employees play a crucial role, supplying major aerospace clients, and their dissatisfaction highlights significant labour concerns within the industry.The disruption underscores how labour disputes…