Business News

The world’s oldest alcoholic drink is currently undergoing a resurgence

Unite members at the aerospace giant’s UK sites in Filton and Broughton are set to walk out in the coming weeks

Its Green Business Loan Scheme funding has been increased by the Welsh Government to £20m

Rachel Reeves is considering imposing capital gains tax on the sale of houses above 1.5bn as she looks to fill a 40bn hole in the public finances.

The San Francisco-based firm has sealed a new funding round that is set to increase its valuation by 61 per cent to over $100bn, making it one of the world’s most valuable companies.

The construction firm said its overall revenue fell 17.8% to £525m for the first six months of the year, of which revenue for its rail infrastructure services slumped 23.3% to £185m

New data shows that 69 per cent of hospitality businesses have less than six months of savings left, while one in five have no reserves at all.

The Home Farm scheme, in Exeter’s Pinhoe, was nearing completion when Burrington Estates Group fell into administration

The new group has already made its first acquisition following the investment from NPIF II – Maven Equity Finance

The official house price index rose by 3.7 per cent in the year to June, according to the Office for National Statistics (ONS), which was higher than 2.7 per cent growth seen in May