Author: Sam Allcock

Amidst a challenging economic climate, Turtle Bay has reported a record turnover for the fiscal year. The company attributes its success to innovative strategies and workforce initiatives.Despite economic hurdles, Turtle Bay’s recent financial performance reflects a robust growth trajectory. With a turnover reaching £93.6 million, the company showcases resilience and strategic acumen.Record Turnover in a Challenging EnvironmentTurtle Bay has exhibited remarkable resilience in a tough market, reporting a turnover of £93.6 million by the end of March 2024, a notable increase from £90.1 million the previous year. Despite facing significant economic challenges, the Caribbean eatery attributes its success to strategic…

Volvo Car UK has reached a new financial milestone with revenues soaring to £1.7 billion in 2023, up from £1.4 billion. This achievement marks a significant chapter in Volvo’s journey, reflecting its resilience and strategic prowess amidst prevailing economic challenges.The company’s robust growth underscores an adept navigation through the complex landscape of rising interest rates and geopolitical tensions, reaffirming its position in the UK automotive sector. Volvo’s strategic initiatives and financial performance have laid the groundwork for future success.Record-Breaking RevenueVolvo Car UK’s recent financial performance signifies a landmark achievement. The division recorded revenues of £1.7 billion in 2023, a notable…

Evolve Business Group is poised for significant growth following a substantial investment from BGF. This funding marks a new phase in their ambitious expansion strategy.With plans to enhance their presence in the US market and open a new warehouse in Wigan, the company aims to double its turnover in the coming years. The investment paves the way for further acquisitions and staff expansion.Multi-Million-Pound Investment Fuels ExpansionEvolve Business Group has received a ‘multi-million-pound investment’ from BGF, aiming to expand its footprint both domestically and internationally. The Wigan-based company specialises in managed network and IT solutions. The funding will support their goal…

Frances O’Brien has been named the new chief executive of Neath Port Talbot Council. Her appointment comes after a thorough recruitment process.Currently serving as Monmouthshire’s chief officer for communities and place, Ms O’Brien will bring her extensive experience to Neath Port Talbot at the end of October.New Leadership at Neath Port Talbot CouncilThe appointment of Frances O’Brien as the new chief executive of Neath Port Talbot Council marks a significant transition for the local governance. Frances O’Brien will step into her new role at the end of October, succeeding Karen Jones, who has decided to retire after her commendable tenure.…

A Devon-based entrepreneur is pressing the government for more affordable and secure trading spaces. The plea highlights the challenges faced by small businesses amid increasing business rates.Natasha Vigille, who runs Djembe Devon, started her venture in Barnstaple in June. Faced with prohibitive costs, she urges the new Labour administration to address these financial burdens to support local businesses.The Struggles of Small Businesses in DevonIn the heart of Devon, Natasha Vigille has launched an African drumming business, Djembe Devon, which offers workshops and performances. Since the closure of her previous retail store, Black Wall Street London, she has faced numerous obstacles…

TikTok Shop is set to increase UK seller fees from 5% to 9% starting 2nd September.The initiative aims to build a ‘marketplace of the future’ by enhancing live commerce and shoppable content.UK sellers can participate in the ‘seller missions’ programme to reduce fees by achieving specific content creation targets.TikTok plans to launch a co-funded free shipping model to enhance order conversions.The platform’s fees are described as competitive within the marketplace.TikTok Shop has announced a new initiative to increase seller fees in the United Kingdom from 5% to 9%, effective from 2nd September. This decision is part of a broader strategy…

The role of market makers is vital in maintaining the liquidity and efficiency of financial markets. These institutions and individuals consistently provide buy and sell options, stabilising price fluctuations. For traders, knowing the leading market makers can boost trading success.In this overview, we will explore the top ten market makers in 2024. We will discuss their strengths, market specialisations, and technological innovations. Understanding these aspects allows traders to align their strategies for optimal performance and profitability.Virtu Financial: Pioneers in Technology and LiquidityVirtu Financial stands out globally for its extensive experience and advanced trading technologies. Specialising in providing liquidity across numerous…

Significant appointments and promotions have recently taken place within various organisations in the North East region. These changes reflect strategic growth and development within sectors such as property, finance, and hospitality.The new roles announced by leading companies like Knight Frank, Azets, and Hotel Gotham, among others, include senior surveyor positions, management roles, and strategic directorial appointments. Such movements indicate a strengthening of professional capabilities and a promising future for the regional business landscape.Knight Frank Expands Newcastle TeamKnight Frank has notably expanded its Newcastle branch by appointing four new professionals. Felicity Martin enhances the property asset management team as a senior…

Parcel delivery giant Yodel has opted to halt its merger with logistics firm Shift. The decision follows a strategic review aimed at securing the company’s future.Yodel has successfully secured an £85 million investment package to enhance its operations and modernisation plans. This move underscores Yodel’s commitment to operating independently under robust leadership.The intended merger between Yodel and Shift has been officially abandoned. This strategic decision came after a comprehensive review, concluding that Yodel would be more effective as a standalone entity. This decision was pivotal in ensuring Yodel’s operational independence and resilience moving forward.This strategic review also confirmed the importance…

Specialist environmental consultancy E3P has initiated a strategic growth phase by launching a new office in Solihull, an emerging regional hub. This marks the firm’s second operational base, enhancing its footprint beyond Greater Manchester.E3P’s expansion into Solihull represents only the second office launched by the consultancy, headquartered in Urmston, Greater Manchester. Located in Lifford Lane, Stirchley, the new premises will facilitate a team of specialist consultants. They will offer multidisciplinary services including environmental, ecological, acoustics, and geotechnical expertise, solidifying E3P’s comprehensive offerings.Stephanie Cox, who has been with E3P for over ten years, will lead the Midlands expansion as Managing Director.…