These are the top stories making the headlines across The Business Magazine website today:

Pure Human Resources tops off recent growth with Hampshire office expansion
Pure Human Resources, an expanding HR and consultancy firm, has launched a new training suite and extended its office in North Baddesley, Hampshire, to support ongoing growth and accommodate a larger workforce.

Full story here: https://thebusinessmagazine.co.uk/professional-services/pure-human-resources-tops-off-recent-growth-with-hampshire-office-expansion/ 

The Little Car Company hosts royalty at Bicester Heritage HQ
HRH Prince Michael of Kent recently visited The Little Car Company's Bicester Heritage headquarters, where he was shown the production of limited edition scaled electric vehicles and engaged with the team's technicians and engineers.

Full story here: https://thebusinessmagazine.co.uk/manufacturing-engineering/the-little-car-company-hosts-royalty-at-bicester-heritage-hq/ 

Stantec acquires Bristol design consultants Hydrock
Global design firm Stantec has expanded its UK presence by acquiring Bristol-based engineering design consultancy Hydrock, which boasts 950 employees across 22 offices and serves a diverse range of sectors, coinciding with the retirement of Hydrock's CEO and founder of 29 years.

Full story here: https://thebusinessmagazine.co.uk/corporate-finance/stantec-acquires-bristol-design-consultants-hydrock/

Pure HR's Expansion, The Little Car Company's Royal Engagement, and Stantec's UK Acquires Hydrock

These are the top stories making the headlines across The Business Magazine website today:

South East winners of King’s Awards for Enterprise 2024 announced
Businesses in the South East have been honored in the King's Awards for Enterprise 2024, a continuation of a prestigious recognition program initiated by the late Queen Elizabeth in 1965, celebrating innovation among thousands of UK companies throughout its sixty-year legacy.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/south-east-winners-of-kings-awards-for-enterprise-2024-announced/ 

Coventry sustainability showcase the Big Zero Show set for expansion
The Big Zero Show, a sustainability-focused national conference and exhibition in Coventry, will expand to a two-day event on July 2 and 3 at the Coventry Building Society Arena, aiming to aid businesses in reducing emissions and individuals pursuing careers in the low-carbon sector.

Full story here: https://thebusinessmagazine.co.uk/companies/coventry-sustainability-showcase-the-big-zero-show-set-for-expansion/ 

Paragon Bank provide finance for West Sussex housing development
Paragon Bank has extended an £11.55 million finance facility to BRiCS Development for the acquisition and development of Earnley Concourse in West Sussex for a new housing project comprising 30 homes with a mix of private and affordable options.

Full story here: https://thebusinessmagazine.co.uk/corporate-finance/paragon-bank-provide-finance-for-west-sussex-housing-development/

Innovative Kings Awards, The Big Zero Show Expands, BRiCS's £11.5M Deal

These are the top stories making the headlines across The Business Magazine website today:

Soil Association among first users of Good Energy’s power matching platform
The Soil Association has become one of the pioneering customers of Good Energy's 'hourly matching' platform, enhancing its commitment to environmental sustainability by ensuring its power consumption is sourced from renewable energy on an hour-by-hour basis.

Full story here: https://thebusinessmagazine.co.uk/esg/soil-association-among-first-users-of-good-energys-power-matching-platform/ 

Fastest expansion of construction output since February 2023
The UK construction sector saw its fastest output growth since February 2023 in April, driven by strong performance in commercial and civil engineering projects and a sustained increase in new work, as reported by the S&P Global UK Construction PMI.

Full story here: https://thebusinessmagazine.co.uk/corporate-finance/fastest-expansion-of-construction-output-since-february-2023/ 

Thruxton Circuit bought by Boundary Real Estate Partners
Boundary Real Estate Partners has purchased the historic Thruxton Motor Racing Circuit and its associated 440-acre land, industrial warehouses, hangars, and a CAA-licensed aerodrome in Hampshire for an undisclosed private investor.

Full story here: https://thebusinessmagazine.co.uk/property/thruxton-circuit-bought-by-boundary-real-estate-partners/

Soil Association & Good Energy Lead with Hourly Energy Matching

These are the top stories making the headlines across The Business Magazine website today:

Hampshire’s Aquark Technologies wins £3.4m to develop cold atom clock
Southampton-based Aquark Technologies secures a £3.4 million Innovate UK contract to develop the UK's first commercial cold atom clock, a highly precise timing device utilizing atoms cooled to near absolute zero.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/hampshires-aquark-technologies-wins-3-4m-to-develop-cold-atom-clock/ 

Product launch drives 78 per cent growth at Oxfordshire’s Eden Research
Eden Research, an Oxfordshire-based biopesticide developer, reported a 78% revenue increase to £3.2 million and a 27% reduction in operating losses after launching a new seed treatment product in 2023.

Full story here: https://thebusinessmagazine.co.uk/corporate-finance/product-launch-drives-78-per-cent-growth-at-oxfordshires-eden-research/ 

Tech4Good South West urges everyone to do One Small Thing
Tech4Good South West has launched its first campaign, "One Small Thing," aimed at encouraging individuals and organizations to commit to using technology for positive social impact following the group's recent relaunch.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/tech4good-south-west-urges-everyone-to-do-one-small-thing/

Aquark's Quantum Leap, Eden Research Booms, Tech4Good's 'One Small Thing'

In today's headlines on The Business Magazine we look at:

- Renishaw reports a third-quarter revenue increase despite a slight year-on-year dip in performance.
- EY's Entrepreneur of the Year UK South East finalists, including Daniel Geoghegan, announced.
- Hambledon Vineyard secures a £10 million facility from Secure Trust Bank, signaling growth for English wine. 

Tune in for more insights and updates, and have a fantastic weekend from all of us at The Business Magazine.

Rising Revenues and Entrepreneurial Excellence: Renishaw's Q3 Success, EY Awards Spotlight, and Hambledon Vineyard's Sparkling Investment

These are the top stories making the headlines across The Business Magazine website today:

Federation of Small Businesses reveals South East's best entrepreneurs
The Federation of Small Businesses (FSB) honored a variety of entrepreneurs from the South East, including those in retail and publishing, at the FSB Celebrating Small Business Awards 2024, with winners advancing to the UK grand final in Blackpool.

Full story here: https://thebusinessmagazine.co.uk/companies/federation-of-small-businesses-reveals-south-easts-best-entrepreneurs/ 

Siemens Healthineers invests £250m in new Oxford facility
Siemens Healthineers is investing £250 million in a new North Oxfordshire facility set to design and manufacture innovative, more sustainable superconducting magnets for global MRI use, featuring technology that reduces helium dependency.

Full story here: https://thebusinessmagazine.co.uk/property/siemens-healthineers-invests-250m-in-new-oxford-facility/ 

Dog owner turns passion into successful business
In Gloucestershire, dog enthusiast Nomi Nellen transformed her love for her 'Jug' Buddy into a thriving enterprise retailing pet accessories and coordinating products for owners, bolstered by a Start Up Loan from the British Business Bank.

Full story here: https://thebusinessmagazine.co.uk/companies/dog-owner-turns-passion-into-successful-business/

FSB Celebrates Entrepreneurs, Siemens Healthineers' £250M Magnet, Pet Biz Bark & Spark

These are the top stories making the headlines across The Business Magazine website today:

Coventry King’s Award winner Arrowsmith secures multimillion-pound contracts
Arrowsmith Engineering, recently honored with a King's Award for Enterprise, has landed several new multimillion-pound aerospace contracts with industry giants including ITP Spain, Incora, and Rolls-Royce in the UK.

Full story here: https://thebusinessmagazine.co.uk/manufacturing-engineering/coventry-kings-award-winner-arrowsmith-secures-multimillion-pound-contracts/ 

Sussex’s Focus Group continues M&A surge with Entropie acquisition
The Focus Group has expanded its portfolio and regional presence by acquiring Milton Keynes-based communications provider Entropie, the company's eighth acquisition this year.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/sussexs-focus-group-continues-ma-surge-with-entropie-acquisition/ 

Southampton-led initiative awards £12m to breakthrough AI projects
The University of Southampton's Responsible AI UK initiative has awarded £12 million to fund three multi-disciplinary projects that aim to address challenges posed by rapid advancements in artificial intelligence, as part of a larger £31 million programme spanning the next four years.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/southampton-led-initiative-awards-12m-to-breakthrough-ai-projects/

Arrowsmith Soars, Focus Group Expands & UK AI Ethics Boost

These are the top stories making the headlines across The Business Magazine website today:

Hampshire’s Hilton-Baird Group acquired by FRP Advisory in £8.4m deal
National advisory firm FRP has completed the acquisition of Hampshire's Hilton-Baird Group, a specialist in commercial finance and risk management, in an £8.4 million deal including future performance-based payments.

Full story here: https://thebusinessmagazine.co.uk/corporate-finance/hampshire-finance-firm-hilton-baird-group-bought-by-frp-in-7m-deal/ 

Maximising value from employee benefits
A new study by Isio and YouGov indicates that UK employers may be wasting up to £15 billion annually on employee benefits that fail to align with their staff's needs, emphasizing the impact on retention and the cost of not tailoring benefits effectively.

Full story here: https://thebusinessmagazine.co.uk/blog/maximising-value-from-employee-benefits/ 

Tewkesbury defence company to supply British Army with bomb disposal robots
The British Army has secured a deal with a Tewkesbury-based defence company to supply 50 high-tech T4 bomb disposal robots, enhancing safety for explosive ordnance disposal teams and civilians across the UK.

Full story here: https://thebusinessmagazine.co.uk/manufacturing-engineering/tewkesbury-defence-company-to-supply-british-army-with-bomb-disposal-robots/

FRP Buys Hilton-Baird, Employers Waste £15bn on Benefits, Army Gets T4 Robots

These are the top stories making the headlines across The Business Magazine website today:

UK’s most powerful supercomputer is now online at University of Bristol
The University of Bristol has launched the UK's most powerful supercomputer, Isambard-AI, recognized for its speed in global rankings and noted as the UK's most sustainable, advancing the nation's position in artificial intelligence research.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/uks-most-powerful-supercomputer-at-the-university-of-bristol-is-now-online/  

South East firms secure big slice of £9m space agency funding for Earth observation
The UK Space Agency has granted £9 million to South East-based firms to advance 12 projects aimed at improving Earth observation technologies and measuring key emissions through the Centre for Earth Observation Instrumentation.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/south-east-firms-secure-slice-of-9m-space-agency-funding-for-monitoring-projects/ 

Barratt and David Wilson Homes: unlocking the power of sustainability
UK housebuilding giant Barratt Developments, parent company of Barratt Homes and David Wilson Homes, reaffirms its dedication towards leading sustainable housebuilding practices in the UK, emphasizing a legacy of environmental responsibility and the promotion of similar commitments within the industry.

Full story here: https://thebusinessmagazine.co.uk/company-spotlight/barratt-and-david-wilson-homes-unlocking-the-power-of-sustainability/

Supercomputer Isambard-AI Goes Live, UK Space Boost, Barratt's Green Drive

These are the top stories making the headlines across The Business Magazine website today:

Dorset’s Lester Aldridge merges with Mackrell.Solicitors
Dorset-based Lester Aldridge has merged with the international firm Mackrell.Solicitors, forming a full-service conglomerate with over 400 employees and offices in Bournemouth, Southampton, London, and Birmingham.

Full story here: https://thebusinessmagazine.co.uk/professional-services/dorsets-lester-aldridge-merges-with-mackrell-solicitors/ 

Bicester’s Everrati partners with luxury Dubai car brand W Motors
Bicester-based electric vehicle powertrain producer Everrati has formed a strategic partnership with Dubai luxury hypercar manufacturer W Motors, known for the Lykan HyperSport and Fenyr SuperSport, to collaborate on EV technology and special projects in mobility.

Full story here: https://thebusinessmagazine.co.uk/manufacturing-engineering/bicesters-everrati-partners-with-luxury-dubai-car-brand-w-motors/ 

Hartpury’s Tech and Barclays Eagle Labs welcome SMEs to Tech Box Park
Hartpury University and College have teamed up with Barclays Eagle Labs to launch the Tech Box Park SME Accelerator, aiding twenty UK small businesses to scale up and penetrate the agricultural sector.

Full story here: https://thebusinessmagazine.co.uk/companies/hartpurys-tech-and-barclays-eagle-labs/

Legal Mergers and Electric Partnerships: Lester Aldridge & Mackrell Unite, Everrati Powers W Motors

These are the top stories making the headlines across The Business Magazine website today:

Romsey's Ilika expects revenues of around £2.1M in fiscal 2024
Romsey-based tech company Ilika anticipates a revenue boost to £2.1 million for fiscal year 2024, aligned with management expectations, driven by advancements in its miniature solid-state battery production for electric vehicles and cordless appliances.

Full story here: https://thebusinessmagazine.co.uk/companies/romseys-ilika-expects-revenues-of-around-2-1m-in-fiscal-2024/ 

UK needs quarter of a million extra construction workers by 2028
The Construction Industry Training Board reports that the UK requires over 250,000 additional construction workers by 2028 to bridge the workforce gap and meet increasing demand.

Full story here: https://thebusinessmagazine.co.uk/companies/uk-needs-quarter-of-a-million-extra-construction-workers-by-2028/ 

IS-Instruments Ltd and Bristol university among six UKAEA contract winners
The United Kingdom Atomic Energy Authority awarded £9.6 million in contracts to three universities, including the University of Bristol, and three companies, with IS-Instruments Ltd among them, to further develop digital engineering and fusion fuel cycle initiatives for its fusion energy project.

Full story here: https://thebusinessmagazine.co.uk/companies/is-instruments-ltd-and-bristol-university-among-six-ukaea-contract-winners/

Ilika's Revenue Surge & UK's Construction Workforce Gap Challenges

These are the top stories making the headlines across The Business Magazine website today:

Bristol’s 9Trees picks up national title at FSB Celebrating Small Business Awards 
At the FSB Celebrating Small Business Awards 2024 in Blackpool, 9Trees, a Bristol-based firm, was honored with the Micro Business Award by the Federation of Small Businesses and presented by host Tess Daly.

Full story here: https://thebusinessmagazine.co.uk/esg/bristols-9trees-picks-up-national-title-at-fsb-celebrating-small-business-awards/ 

Oxford healthtech Brainomix gets FDA clearance for e-Lung AI software
Oxford-based Brainomix has received FDA clearance for its 360 e-Lung AI software, expanding its AI imaging solutions portfolio beyond its clinically adopted Brainomix 360 Stroke platform.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/oxford-healthtech-brainomix-gets-fda-clearance-for-e-lung-ai-software/ 

Dorset accommodation providers vote 'Yes' to first of its kind Business Improvement District
Accommodation providers in Bournemouth, Christchurch, and Poole have approved the establishment of the UK's first Accommodation Business Improvement District, expected to generate over £12 million in five years to boost local tourism and economy.

Full story here: https://thebusinessmagazine.co.uk/companies/dorset-accommodation-providers-vote-yes-to-first-of-its-kind-business-improvement-district/

9Trees Triumphs, Brainomix Innovates, BCP ABID Boosts Tourism

These are the top stories making the headlines across The Business Magazine website today:

New logistics yard at Southampton Container Terminal set to double cargo
DP World and Williams Shipping have formed a partnership to launch a new logistics yard next to Southampton Container Terminal, which is expected to double cargo capacity and enhance the port's operational competitiveness.

Full story here: https://thebusinessmagazine.co.uk/property/new-logistics-yard-at-southampton-container-terminal-set-to-double-cargo/

Dorset accommodation providers vote 'Yes' to first of its kind Business Improvement District
Accommodation providers in Bournemouth, Christchurch, and Poole have approved the creation of a pioneering Accommodation Business Improvement District, expected to raise over £12 million to boost local tourism and the economy.

Full story here: https://thebusinessmagazine.co.uk/companies/dorset-accommodation-providers-vote-yes-to-first-of-its-kind-business-improvement-district/ 

Oxford Endovascular raises £8m to take brain aneurysm tech to human trials
Oxford Endovascular secures £8 million Series A+ investment led by Parkwalk Advisors to advance its origami-inspired OXIFLOW medical device for brain aneurysm treatment toward first-in-human trials.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/oxford-endovascular-raises-8m-to-take-brain-aneurysm-tech-to-human-trials/

Southampton Boosts Cargo, Bournemouth BIDs for Tourism, Oxford Innovates in Healthcare

These are the top stories making the headlines across The Business Magazine website today:

Live reaction following general election announcement for 4th July
Prime Minister Rishi Sunak has confirmed that the next general election will be held on 4th July 2024, coinciding with U.S. Independence Day, prompting immediate reactions from across the political spectrum.

Full story here: https://thebusinessmagazine.co.uk/companies/live-reaction-following-general-election-announcement-for-4th-july/ 

Begbies Traynor results show ninth successive year of profits growth
Business turnaround specialist Begbies Traynor Group has reported its ninth consecutive year of profit growth, with revenue projected to reach £136 million in 2024—up 12% from last year—and adjusted EBITDA expected to rise by 9% to £29 million, while net debt stands at £1.4 million.

Full story here: https://thebusinessmagazine.co.uk/corporate-finance/begbies-traynor-results-show-ninth-successive-year-of-profits-growth/ 

New Hampshire County Council leader striving to be "business friendly"
The Conservative group has chosen Cllr Nick Adams-King to succeed Rob Humby as Hampshire County Council leader, with plans to focus on being "business friendly" if confirmed at Thursday's meeting.

Full story here: https://thebusinessmagazine.co.uk/companies/new-hampshire-county-council-leader-striving-to-be-business-friendly/ 

Thrings advises on deal to create South West’s biggest new woodland
Thrings Solicitors has advised Avon Needs Trees on a deal to establish a 422-acre, 100,000-tree woodland between Bristol and Bath, creating the South West's largest new woodland in response to climate and ecological emergencies.

Full story here: https://thebusinessmagazine.co.uk/companies/thrings-advises-on-deal-to-create-south-wests-biggest-new-woodland/

UK Election Date Set, Begbies Traynor Profits Up, Thrings Advises Avon Trees

In today's headlines on The Business Magazine we look at:
- The Midlands Engine Partnership presents investment opportunities worth £48 billion, aiming to create 380,000 jobs.
- A principal design engineer at Xtrac wins the 2024 Louis Schwitzer Award for innovative gearbox technology.
- Rob Humby, outgoing Leader of Hampshire County Council, acknowledges supportive messages post-resignation with gratitude.
With these insights and more, visit The Business Magazine for comprehensive coverage. Join us again on Tuesday, and have a fantastic Bank Holiday weekend. This is Chris signing off. Goodbye.

Midlands Engine Powers Forward with £48 Billion Investment, Xtrac Engineer Wins Louis Schwitzer Award, and Farewell Notes from Hampshire Council's Rob Humby

In today's headlines on The Business Magazine we look at:
Grey Wolf Therapeutics secures an additional $50 million in Series B financing, raising the total to $99 million.
Gloucestershire AirpoaThese are the top stories making the headlines across The Business Magazine website today:

Oxford's Grey Wolf Therapeutics announces oversubscribed $50 million Series B
Oxford's Grey Wolf Therapeutics has successfully closed an oversubscribed $50 million Series B financing expansion, led by ICG’s Life Sciences team, to advance its innovative antigen modulation therapies for oncology and autoimmune diseases, bringing the total Series B funds raised to $99 million.

Full story here: https://thebusinessmagazine.co.uk/corporate-finance/oxfords-grey-wolf-therapeutics-announces-oversubscribed-50-million-series-b/ 

Shortage of Air Traffic Controllers at Gloucestershire Airport hits service
Gloucestershire Airport will experience a major service drop this summer due to an exodus of air traffic controllers, leading to a lack of Air Traffic Control for 10 days over 10 weeks and reduced operating hours on other days.

Full story here: https://thebusinessmagazine.co.uk/lifestyle/shortage-of-air-traffic-controllers-at-gloucestershire-airport-hits-service/ 

Port of Southampton hosts annual Cruise Lines International Association trade event
The Port of Southampton, Europe's leading cruise turnaround port, will host the annual CLIA UK & Ireland conference at its Horizon Cruise Terminal, welcoming hundreds of travel agents for exclusive tours aboard Cunard over the weekend.

Full story here: https://thebusinessmagazine.co.uk/lifestyle/port-of-southampton-hosts-annual-cruise-lines-international-association-trade-event/ rt faces a reduction in service due to an exodus of air traffic controllers over the summer.
Associated British Ports Southampton hosts the annual Cruise Lines International Association UK and Ireland conference over the Bank Holiday weekend.

Grey Wolf Series B Success, Air Traffic Shortfall, ABP Southampton Hosts Cruise Conference

These are the top stories making the headlines across The Business Magazine website today:

South East deal value peaks at £13bn - top dealmakers for Q1 2024 revealed
Despite a 23% decline in the number of deals to 217 in Q1 2024 compared to the same period last year, deal value in the South East surged to £13 billion from £2.7 billion in Q4 2023, according to Experian's latest report.

Full story here: https://thebusinessmagazine.co.uk/companies/south-east-deal-value-peaks-at-13bn-top-dealmakers-for-q1-2024-revealed/ 

Hampshire’s 3R appoints new managing director following US expansion
3R, a funding and back-office partner for SME recruitment businesses, has promoted Dan Brogan to managing director following a strategic reshuffle and US expansion.

Full story here: https://thebusinessmagazine.co.uk/recruitment-careers-hr/hampshires-3r-appoints-new-managing-director-following-us-expansion/ 

UWE Bristol’s Future Space innovation centre expands
UWE Bristol's Future Space innovation centre has expanded with an additional 10,000 square feet of office and laboratory facilities at the university's Frenchay campus, supporting health, engineering, creative technology, and green tech businesses.

Full story here: https://thebusinessmagazine.co.uk/technology-innovation/uwe-bristols-future-space-innovation-centre-expands/

South East Deals Dip, 3R Expands to US, Future Space Grows at UWE Bristol

These are the top stories making the headlines across The Business Magazine website today:

Mark Wild named new CEO of HS2
Mark Wild OBE has been appointed as the new Chief Executive of HS2, bringing nearly four decades of experience, including his notable success as the CEO of Crossrail, to lead the completion of the project's remaining phases.

Full story here: https://thebusinessmagazine.co.uk/recruitment-careers-hr/mark-wild-named-new-ceo-of-hs2/ 

Puma provides £21m loan to convert prominent Oxford site for life sciences
Greyarc has secured a £21 million loan from Puma Property Finance to convert the 88,000 sq ft office building, currently Oxfam's headquarters at Oxford Business Park, into a life sciences facility.

Full story here: https://thebusinessmagazine.co.uk/property/puma-provides-21m-loan-to-convert-prominent-oxford-site-for-life-sciences/ 

Katy Taylor comes aboard as CEO of Wightlink
Wightlink has named Katy Taylor, former chief customer officer at Southern Water, as its new CEO starting August 19, 2024, following the retirement of Keith Greenfield after nine years in the role.

Full story here: https://thebusinessmagazine.co.uk/companies/katy-taylor-comes-aboard-as-ceo-of-wightlink/

HS2 Names New CEO, Greyarc Secures £21M Loan, Wightlink's New Leadership

In today's headlines on The Business Magazine we look at: 

Hampshire Business Awards are returning, celebrating regional business excellence at Farnborough International Exhibition and Conference Centre on November 21st.

Oxford North's first phase topped out, featuring labs, homes, and amenities in a £700 million innovation district.

Osborne Clarke advises DIF Capital Partners on selling Wadlow wind farm to Transport for London Pension Fund.

Hampshire Business Awards Returns, Oxford North Innovates, and Osborne Clarke Advises on Major Wind Farm Sale

News headlines from South East edition of The Business Magazine website - www.thebusinessmagazine.co.uk 

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