Labour to unveil new Birmingham-Manchester rail link after HS2 fiasco Transport and infrastructure Ministers are poised to unveil plans to build a new railway line running from Birmingham to Manchester as part of a major overhaul of rail infrastructure in the North – but it won’t break ground for roughly a decade. Rachel Reeves will reveal the heavily delayed shake-up of east-west railway lines across the north of [...]
Breakthrough for Leeds United after key Elland Road stadium decision Sport Business Leeds United’s Elland Road is set to for major redevelopment after approval was granted for the expansion of the club’s West Stand. The Premier League club, who were promoted last summer, submitted plans to Leeds City Council last year that would see their stadium’s capacity expand from 37,645 to approximately 53,000. And on Thursday a [...]
Another London blow as British engineering firm Doncasters plots New York IPO Markets The London Stock Exchange could be dealt another blow as one of the oldest engineering firms in Britain is reportedly drawing up plans for a New York IPO. Leeds-based Doncasters Group, a key supplier to Boeing, is understood to have approached banks over the share sale and is eyeing a 2026 float. Doncasters, which was [...]
London Tech Week: Accenture warns of AI divide as Starmer launches tech skills plan June 9, 2025 Sir Keir Starmer may sound like he is making the right noises for the tech sector with his flagship pledge at London Tech Week to train one million students in AI – but new data highlights a stark regional divide has already taken shape. London is rapidly pulling away from the rest of the country [...]
‘Prohibitive building costs’ stunting UK growth projects – Deloitte February 4, 2025 “Prohibitive costs” involved in construction projects in major UK cities led to a sharp decline in the number of new developments breaking ground in 2024, according to a new report from Deloitte. Deloitte’s latest Regional Crane Surveys, which covers the central areas of Belfast, Birmingham, Leeds and Manchester, has revealed the number of new starts [...]
Headlam: Flooring specialist’s shares rise after £54m property deals December 20, 2024 Shares in the Brummie-based flooring distributor rose over seven per cent on Friday after it sold off some of its properties for £54m.
Leeds landmark sold for almost £80m in city’s biggest deal for over five years October 8, 2024 A landmark building in the heart of Leeds’ financial district has been sold for almost £80m in the city’s largest office deal for more than five years. Ashtrom Properties UK has acquired Central Square, which is home to the likes of M&S, PwC an Sky, for £78m. Central Square comprises 217,249 sq ft of office [...]
Move over London – regional cities are leading the financial services jobs boom September 12, 2024 New data has revealed the huge impact that regional cities in the UK have had in driving growth in the financial services sector, with more than half of all jobs created outside London. The research by industry body The City UK found that of the 354,000 jobs created within the sector between 2012 and 2022, more [...]
Leeds-upon-Thames? How the West Yorkshire heartland is luring British institutions away from London August 14, 2024 Over the past few years Leeds has emerged as a go-to destination for British institutions looking to venture beyond the M25. Since 2018 Channel 4, the Bank of England, the Financial Conduct Authority and the UK Infrastructure Bank have all opened hubs or expanded their presence in the city, adding hundreds of new jobs and [...]
FCA joins Bank of England in relocating jobs from London to Leeds August 7, 2024 The Financial Conduct Authority (FCA) has revealed plans to relocate 100 jobs from London to Leeds, just months after the Bank of England announced a similar move. The watchdog, which established its first office in Leeds two years ago, is growing its team at the digital delivery centre on Queen Street, where around 100 employees [...]
