Business News

The £5.7 billion promised in the Budget is not alone enough to level up urban transport says Centre for Cities in new research finding that just four in 10 people in the UK’s largest cities* outside London can reach their city centre by public transport in under 30 minutes.

This is significantly worse than in big European cities where almost seven in 10 people can travel to their city centre in less than 30 minutes.

Two of Manchester’s leading tech companies are leading the race to innovate the global education metaverse with their own science and tech campus, Credersi World, using a mixed reality platform that includes virtual reality (VR) and augmented reality (AR).  

While Facebook’s CEO Mark Zuckerberg has outlined his vision of what a global metaverse might look like, tech and science educators Credersi and 3D tech innovators PixelMax are at the forefront of developing and shaping what the education metaverse will actually be.

Southgate Global, one of Europe’s leading packaging suppliers, which has its main distribution hub in Prologis Park in Minworth, West Midlands, is working on an ambitious plan to replace all its packaging products with an eco-friendly alternative.

As part of its mission to be a leader in the field of sustainable packaging, Southgate Global invested in a specialist team focusing on new product development so that it is well-placed to lead the industry in the development of sustainable packaging products.

Two thirds of consumers (64%) are concerned about climate change, with 4 in 10 (38%) believing that agriculture is a major cause of the problem a new survey reveals. In fact, 1 in 4 (24%) would go as far as to say that farmers have more responsibility to cut emissions than food companies or supermarkets. This is despite the fact that UK farming is actually leading the way in tackling climate change with a self-imposed target of becoming net zero by 2040.

As the clocks go back tonight (Saturday) to mark the beginning of winter, the TUC is calling for better pay and conditions for night-workers – including the 264,000 workers who regularly work night shifts in the West Midlands. Analysis published by the union body reveals that 1 in 3 (33%) night-workers earn less than £10 an hour. This is despite the heightened health risks that come with night work and the disruption it causes to workers’ lives. 

The founder of a Birmingham-based charity that has helped hundreds of people to recover from alcohol and drug addiction has been named as Barclay’s 2021 National Social Entrepreneur of the Year.

Steve Dixon, who started Changes UK in Digbeth in 2009, beat off competition from all over the UK to claim the prestigious prize, with judges praising his pioneering approach to recovery that has seen 85% of the people it engages with complete rehabilitation and move on to independent living.

With less than 60 days to Christmas Day, Selfridges unveils its Christmas of Dreams theme through iconic window displays and a new campaign. 

Christmas of Dreams launches across Selfridges stores in London, Birmingham and Manchester, and on selfridges.com, with a digital campaign starring actress Jane Horrocks.

A Lichfield business is delighted to have achieved its ‘net zero’ goal ahead of target - and is now helping its clients do the same. Cocoonfxmedia is now officially carbon neutral, having undertaken a range of activities such as carbon offsetting, for example through the planting of more than 1,000 trees, giving up company cars, switching to permanent home working, going paperless – and much more.

Rishi Sunak's Spending Review and Budget announcement signals the Chancellor's leadership ambitions, Birmingham City University Associate Professor Steven McCabe has suggested.

"Chancellors delivering budgets have a tricky line to tread in trying to keep everyone happy,” he said. “The budget was, as many suspected, intended to serve multiple audiences. 

According to a newly released major economic report, Birmingham is said to be on the precipice of exciting opportunities for economic growth - despite the impacts of Covid-19 and Brexit.

The Birmingham Economic Review, published by Greater Birmingham Chambers of Commerce (GBCC) and the University of Birmingham’s City-REDI, reveals promising signs for recovery across the city-region even though well-documented challenges such as talent shortages and inequality remain.

In his Budget speech, Chancellor Rishi Sunak said that the UK's spending watchdog expects the economy will return to its pre-Covid level at the turn of the year. The Office for Budget Responsibility (OBR) has lifted its prediction for economic growth in 2021 to 6.5%, up from its previous forecast of 4%. It has also reduced its estimate of the long-term effect of Covid-19 on the economy from 3% to 2%.

A storyline on BBC soap The Archers has highlighted the importance of succession planning for owners of family businesses, particularly farming businesses.

The storyline centres around Brian Aldridge who is fretting about the future of Home Farm as there is currently no one in a position to take over.

A review of the state of the nation’s workplaces reveals people who have a disability are the unhappiest at work, citing difficulties with management and wellbeing. 

People who live with a disability are 12% more likely to be a Flight Risk than those who are not disabled. 

Angus in Scotland has the biggest Mansion Gap in Britain, with the most expensive house currently for sale costing more than 72 times the price of the region’s average home, reveals research by home move platform Just Move In. £11 million Careston Castle, boasting more than 1,500 acres of land, makes the Scottish region of Angus the most unequal region in the country, costing 72 times more than the average £157,026 home in the area.

Work is set to start within weeks on the Binley Cycleway in Coventry following confirmation of £8.6 million funding. The West Midlands Combined Authority (WMCA) board approved the money for the 6km safe cycle route - the latest in a series of cycling and walking projects due to get underway in the next few months.

The first-ever double decker hydrogen bus tour of the UK stopped off at National Express West Midlands to see the strides being made to decarbonise public transport in Birmingham.

The UK Hydrogen Roadshow, a partnership between bus manufacturer Wrightbus, hydrogen distribution firm Ryze Hydrogen, and hydrogen production company INEOS through its INOVYN subsidiary, set off from London on Monday October 18 on a 600-mile journey to Glasgow ahead of the UN’s climate conference, COP26.