Business News

Neo Space Group (NSG), a PIF company and Saudi Arabia's leading commercial space services provider, have just announced that the company has completed its previously announced acquisition of UP42 GmbH, the leading Earth Observation (EO) platform previously owned by Airbus Defence and Space GmbH.

Turkish Airlines has carried over 2,000,000 passengers through Birmingham Airport (BHX) since it began operations from Birmingham in December 2008.

The long-running legal battle over Birmingham’s landmark development, ‘The Square’, has reached another significant milestone, after the High Court rejected a fresh attempt by property developer Samuel Ginda (pic) and his companies - 2020 Living Limited, Taylor Grange 2 Limited and TGDM One Limited - to partially lift a court-imposed sanction preventing them from defending a multi-million pound claim.

Masdar, a global clean energy leader, and Iberdrola, one of the world’s largest energy companies, have reached two major milestones with a €5.2 billion co-investment in the UK’s East Anglia THREE offshore wind farm – one of the largest offshore wind transactions of the decade – and the full energization of their 476MW Baltic Eagle project in Germany.

Businesses employing illegal migrant workers face fines of up to £60,000 per illegal worker under HMRC’s intensified clampdown on large scale abuse of the UK’s immigration legal system, with reports of increased numbers of unannounced compliance visits by UK Visas and Immigration (UKVI) investigators.

Willis Lease Finance Corporation, the leading lessor of commercial aircraft engines and global provider of aviation services, have announced that its subsidiary, Willis Aviation Services Limited (“WASL”), a premier provider of aircraft maintenance, repair and overhaul (“MRO”) services, has secured a commitment from leading leisure airline Jet2.com (“Jet2”) for two base maintenance lines for the upcoming season.

The GMB has responded to the decision to not to proceed with zonal energy pricing.

Public coffers are set for a boost as HM Revenue and Customs (HMRC) goes after crypto owners that aren’t paying their fair share of tax.

Smart City Expo World Congress (SCEWC), the leading international event on cities and smart urban solutions organized by Fira de Barcelona will hold its largest edition ever later this year.

Thousands of jobs could be created across Derbyshire, Staffordshire and the North West thanks to a £28.6 million National Wealth Fund investment in a major carbon capture project, the Chancellor has announced.

A leading insurance expert is warning that millions of UK policyholders could be relying on cover that won’t actually help them in a real crisis.

With effect from 1st September, Atradius has announced changes in the distribution of responsibilities and the composition of the Management Board.

Birmingham is in the midst of a monumental weekend in its cultural calendar, with Black Sabbath’s final live performance set to anchor a wave of activity expected to generate up to £20 million for the local economy.

According to analysis by London Economics, the University contributed more than £1.33 billion to the regional economy in 2022–23, and an estimated £3.8 billion to the UK economy overall.

As the world's most prestigious and visionary maisons prepare to illuminate Paris Couture Week with their dazzling creations featuring the rarest, most exquisite, fancy colour diamonds, the world's spotlight is on the astonishing discovery of an extremely rare purple diamond at Canada's Diavik mine.

Music tourism in Birmingham and the West Midlands is worth £550m, and we must do more to grow that figure, a regional music and NTE professional has said.