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© 2024 a Reach plc subsidiary
SMEs
14:07, 27 FEB 2024
Welsh Government secures an extra £190m for its 2024-25 budget
Welsh Government
Finance Minister Rebecca Evans said the amount the Welsh Government is allowed borrow and carry over to its next financial year ends to be increased by the UK Government
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Buyout deal for financial adviser
West Midlands
Bank House has expanded its foothold in the West Midlands by acquiring Fox Whittle as part of owner's retirement plan
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Rescue deal for work surface firm
West Midlands
Precision Stone has been acquired from administrators safeguarding more than 40 jobs in the West Midlands
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North East fund helps to create more than 300 jobs as grants top £2.2m
SMEs
326 jobs in small businesses in South Tyneside, Gateshead, and Sunderland have been created by The Growth Fund
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New flexible workspace coming to Birmingham's business district
West Midlands
London-based operator Runway East has signed a deal to open a new 20,000 sq ft facility in the Arca building
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RMT set for growth after joining national accountancy group Sumer
Deals
The Newcastle business has joined Sumer, a top 15 UK accountancy group which has its head office in the South East
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North East's young entrepreneurs receive fewer loans than UK peers
SMEs
A breakdown of figures from the Start-up Loans scheme shows the North East is behind many other regions in terms of volume and value of loans
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South West Innovation Expo returns to Exeter
South West
The one-day event will centre around the theme of business resilience this year
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New artificial intelligence lab to open in Exeter
Technology
The funding will come from the Heart of the South West Local Enterprise Partnership
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Tyneside investor group relaunched as Northern hub to bring in more finance
SMEs
The Newcastle Angel Hub has been relaunched as the Northern Investor Hub with ambitions to facilitate investments from further afield
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New digital agency launches
West Midlands
Angel Gaskell has created The Alternative after leaving the agency she co-founded last year
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Newcastle lung test startup nets £1.4m investment in move to target US market
Deals
PulmoBioMed is the creation of Dr Sterghios Moschos who is known for his work on Ebola testing
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Cleantech programme launched to nurture North East innovators
SMEs
Eight firms with ideas that could help shape a more sustainable future for the maritime industry are being prepared to attract investment
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Bristol's Boxworks to move from Temple Meads to YTL's Brabazon development
Bristol
The shipping container workspaces have been based next to the train station in the city centre for seven years
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Asbestos Audit launches laboratory with second NEL investment
Deals
The Peterlee business is also now set to explore global opportunities
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Co-op: Let’s work together to save millions of pounds to fund apprenticeships
The Co-operative
Consumer giant calls out to businesses at start of National Apprenticeship Week
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Belgian fintech chooses Newcastle as base to tackle UK market
SMEs
Payments firm Paynovate says it will recruit at its new Hoults Yard base
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South West companies could be forced to make job cuts amid UK economic woes - report
Employment
According to the survey by the Federation of Small Businesses, confidence among SMEs in the region has plummeted
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Pacifica Group takes over after-sales operation of Glen Dimplex Home Appliances amid restructuring
SMEs
The growing County Durham firm, which celebrated its 20th anniversary last year, says it can help the Merseyside firm deliver high quality customer service
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Acquisition deal for construction consultancy
West Midlands
Pulse Consult has bought out Warwickshire outfit Tandem Projects
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Property agency expands West Midlands footprint with buyout
West Midlands
Siddall Jones has acquired 4D Properties
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Equity element of British Business Bank's new Wales fund in maiden investment
Deals
Caerphilly-based adventure travel venture EverTrek is looking to drive significant growth on a £1.3m equity round
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Bristol economy expected to grow faster than rest of UK
Economy
The city's life sciences and artificial intelligence industries are driving significant growth, according to the Avison Young report
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HGV driver training company to train hundreds of West Country lorry drivers after securing £10m
Employment
The UK has struggled with a shortage of lorry drivers over the last two years - but funding has been made available to train more
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