Business News

Fresha, the leading marketplace platform for beauty and wellness, today announced it has secured a $31 million venture debt facility from J.P. Morgan.

Responding to the Public Sector Finance release for July 2024, Chief Secretary to the Treasury, Darren Jones, said: “Today’s figures are yet more proof of the dire inheritance left to us by the previous government.

Over two fifths (43%) of UK adults believe that their financial situation will improve in the next 12 months, new research by SmartSave, a Chetwood Financial company, has found.

Fractal (www.fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune 500 companies, have announced the appointment of Janaki Akella as an independent director to its board of directors.

Microland, India's leading IT infrastructure services company, has appointed Sam Mathew as its president.

Baked In Brick has opened its café concept Bakehouse in Digbeth, becoming the fourth venue in Birmingham alongside Sutton Coldfield, Wylde Green and Broad Street.

Entrepreneur Pinky Cole, the founder of the immensely popular vegan food chain 'Slutty Vegan', has decided to reward two of her longtime employees, Angel and Miesha, by gifting them their own Slutty Vegan restaurant, making it the 15th location in the franchise.

Andy Mielczarek, CEO of Chetwood Financial, said: "Britons may have thought they’d seen the last of rising inflation for a while, but it has reared its head again.

Following the Chancellor's announcement of the 2.2 per cent interest rate rise, Raj Kandola, director of external affairs at Greater Birmingham Chambers of Commerce, said: “Although widely anticipated, the rise in inflation for the first time this year is still a noteworthy development as the impact of lower energy prices starts to fade.

Leading full-service law firm Shakespeare Martineau has successfully completed a significant transaction for L&Q Housing Trust on the sale of L&Q Estates to Urban&Civic.

Microland, celebrating its 35th anniversary, has achieved a gold rating from EcoVadis, placing it in the top 5% of over 125,000 assessed companies.

Darren Jones, Chief Secretary to the Treasury, said: “The new Government is under no illusion as to the scale of the challenge we have inherited, with many families still struggling with the cost of living.

“That is why we are taking the tough decisions now to fix the foundations of our economy so we can rebuild Britain and make every part of the country better off.”

The Chartered Institute for Securities & Investments (CISI) is pleased to announce Daniel Ogier-Keltie ACSI's appointment as the Guernsey branch committee president.

The Board of Directors of the Prince Mohammed bin Salman Royal Reserve Development Authority, chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, announced the launch of the Reserve's Integrated Development Management Plan (IDMP).

A new multi-stakeholder partnership has been formed with local businesses to stimulate the local economy and improve the vibrancy of Dudley town centre.

The percentage of small business owners predicting growth has hit its highest level for more than two years, after a period of slow decline since the start of 2022.