Hays Travel marks the fifth anniversary of acquiring Thomas Cook’s retail sector with significant growth.The Sunderland-based company reported a striking 43% increase in profits.Three acquisitions and a £14.8m investment bolstered company expansion.An increase in consumer trust propelled travel frequency and diversity.Employees grew in number, reflecting the company’s upward trajectory.Independent travel agency Hays Travel has celebrated a remarkable growth phase, achieving a 43% increase in profits, five years after acquiring Thomas Cook’s retail network. This milestone marks not only a significant financial achievement but also a strategic success for the Sunderland company.For the year ending April 30, 2024, Hays Travel reported…
Author: Dave Antrobus
Keir Starmer signals potential changes for employer national insurance contributions amidst fiscal challenges.Labour remains committed to maintaining tax promises made to workers during the election campaign.Chancellor Rachel Reeves highlights the need for increased taxes for economic stability.Business leaders express concerns over potential impacts on employment and enterprise.Federation of Small Businesses warns of undue pressure on small employers.With the upcoming budget, Keir Starmer, the leader of the Labour Party, has hinted at the possibility of increasing the national insurance contributions paid by employers. This consideration comes as part of a series of tough fiscal decisions that Labour may need to make…
Eversfield Organic, a Devon-based food retailer, finds itself in serious financial trouble, leaving £7m in debts unpaid.The company, which once supplied Selfridges, is unable to meet its financial obligations and has entered administration.Major creditors like HSBC are not expecting to recover their investments due to the lack of available funds.Administrators report the company’s key financial setbacks include losing significant business accounts and accruing substantial losses.Former owner Mark Bury expresses his regret over the company’s downfall while embarking on new ventures.Eversfield Organic, a notable name in Devon’s organic food sector, has succumbed to severe financial difficulties, resulting in the cessation of…
The podcast industry sees a significant boost as the US election fever grips listeners, propelling Audioboom’s financial gains.Audioboom shares climbed nearly 19% owing to record-breaking revenue and profit amidst heightened demand for political content.The company reported $18.8m (£14.4m) in revenue for the third quarter, marking a notable increase from last year’s figures.Audioboom’s advertising platform, Showcase, achieved its highest quarterly revenue, illustrating strong operational execution.CEO Stuart Last expresses confidence as the company prepares for its strongest seasonal quarter, anticipating further growth.Shares in Audioboom soared by almost 19% as the company experienced a surge in demand for podcast content, driven largely by…
The International Investment Summit has significantly boosted the UK economy with investments amounting to £63 billion and the creation of nearly 38,000 jobs. Key areas of focus include infrastructure, technology, and net zero initiatives.The investment has more than doubled compared to last year’s summit, which secured £29.5 billion.Significant contributions include Blackstone’s £10 billion pledge for a major data centre in Northumberland, generating 4,000 jobs.Octopus Energy has committed £2 billion towards solar farms and battery storage in Cheshire, supporting 80,000 homes.The Summit reflects global confidence in the UK economy, as highlighted by government officials.Following the International Investment Summit, the United Kingdom…
Frasers Group has secured a strategic share in Hudson Malta, marking a significant step in its global growth trajectory.The acquisition involves a non-controlling share, with potential for further investments leading to control.Hudson Malta, a key player in African fashion retail, operates across 36 countries offering brands like Nike and Tommy Hilfiger.The partnership aims to expand Frasers’ presence in Northwest Africa and open new markets.Top executives from both companies express optimism about mutual growth and market expansion.Frasers Group, the owner of Sports Direct, has taken a significant non-controlling stake in Hudson Malta. This acquisition marks a strategic move in Frasers’ international…
Candidsky has expanded its SEO team with three significant hires, enhancing its digital marketing capabilities.The agency welcomes Sara Kavanagh as Senior SEO Manager, who brings over a decade of industry experience.Travis Robbins joins as SEO Executive, excited to explore AI’s impact on digital marketing.Gus Gately is appointed as Technical SEO Executive to strengthen the existing team.These strategic hires demonstrate Candidsky’s dedication to superior performance marketing services.Candidsky has taken a substantial step in strengthening its SEO team by appointing three new key members, marking a noteworthy enhancement in its digital marketing initiatives. The Manchester-based agency, known for delivering exceptional performance marketing…
Liverpool-based Applied Nutrition is seeking up to £220 million from its planned IPO, marking one of the largest stock market debuts in London this year.The company’s IPO is set with a price range of 136p to 160p per share.Up to 137.4 million shares are offered by existing shareholders, with market capitalisation estimated between £340 million and £400 million.Four prominent North West entrepreneurs, including Mohsin Issa, are investing £25 million as cornerstone investors.The IPO is a strategic boost for the London Stock Exchange amidst a drought in new listings.Liverpool-based sports health brand Applied Nutrition is aiming to raise up to £220…
Fenwick, a leading department store in the North East, is narrowing its financial losses despite a challenging retail climate.The company’s strategic investments in its flagship Newcastle store and digital presence are pivotal to its recovery.These efforts are supported by the sale of its Bond Street store in London, which provided a financial windfall.Fenwick’s focus on innovation in services, hospitality, and product offerings is setting it apart from competitors.Leadership changes and a continued search for a new CEO aim to strengthen the company’s future position.Fenwick, an esteemed department store in the North East, has been navigating a challenging retail landscape but…
Coworking spaces in Ancoats offer numerous advantages for UK professionals.These spaces provide 24/7 access, allowing for flexible working schedules.A sense of community enhances professional networking opportunities.Flexible workspaces and modern amenities support diverse work needs.Cost-effective and strategically located, these spaces boost productivity.Coworking spaces in Ancoats, Manchester, have become increasingly popular due to their ability to accommodate varied work styles. They are accessible 24/7, providing a level of flexibility that a traditional 9-to-5 job does not offer. This flexibility allows individuals to optimise their productivity according to personal preferences.These spaces are home to a wide variety of professionals, including freelancers, entrepreneurs, designers…