BusinessLive UK

BusinessLive is the latest national digital platform launched by Reach, dedicated to delivering news about businesses from various regions. We provide top-notch coverage of local business markets and highlight important sectors across the country, including manufacturing, real estate, and much more.

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Carbon capture project off North Wales coast that could create 2,000 jobs gets financial backing

2 weeks ago | business-live.co.uk | Owen Hughes

Eni has announced it has reached a financial deal with the UK Government on a carbon capture scheme under the sea off North Wales. Eni is the operator of the CO2 transport and storage system of the HyNet industrial Cluster, which aims to take carbon dioxide (CO2) and store it in depleted gas fields under Liverpool Bay. The financial close with the government allows the Liverpool Bay CCS (Carbon Capture and Storage) project to move into the construction phase.
Durham Cricket financials steady as Lord Botham hands over chairmanship

2 weeks ago | business-live.co.uk | Tom Keighley

A return to Division One of the County Championship for Durham's cricketers has helped their club broadly maintain turnover and profits. New accounts for the Durham Cricket Community Interest Company show the club generated turnover of £8.36m in the year to the end of September, up from £8.02m in 2023, while operating profit fell to £248,685 from £294,663.
Malhotra Group launches charitable foundation with £1m cash pot

2 weeks ago | business-live.co.uk | Coreena Ford

The founder of North East care, leisure and property company Malhotra Group Plc has launched a charitable foundation with an initial £1m cash pot to demonstrate his continuing commitment to giving back to the community.
North East businesses face more than 500,000 invoices in Q1, figures show

2 weeks ago | business-live.co.uk | Coreena Ford

North East businesses had to tackle more than half a million overdue invoices at the start of this year, new figures have revealed. The total number of overdue invoices on the books of regional businesses hit 522,566 in the first quarter of 2025, according to new research from R3, the UK’s insolvency and restructuring trade body.
Former Google employee named UK tech entrepreneur of the year

2 weeks ago | business-live.co.uk | Hannah Baker

A former Google data scientist has been named UK entrepreneur of the year at the Black Tech Achievement Awards 2025. The annual event recognises innovators and role models working in Britain's technology industry. Yomi Tejumola, founder and chief executive of AI marketing firm Algomarketing, started his company in 2017 while working as a marketing data scientist at Google.
Home Bargains' sister company reveals plans for luxury homes on site near famous park

2 weeks ago | business-live.co.uk | Jamie Greer

The owner of the Home Bargains chain has set its sights on revamping a long-neglected site near Liverpool's famous Sefton Park. T. J. Morris Limited's property wing, Davos Property Developments, has recently announced plans for a development in the Baltic Triangle area of the city centre.
Liverpool hotels to bring in new £2 nightly charge for guests

2 weeks ago | business-live.co.uk | Dan Haygarth

Liverpool's hotels and serviced apartments have voted in favour of implementing an additional £2 overnight charge for guests. The proposal, presented as an alteration ballot through the Accommodation BID (ABID), received support from the city's 83 hotels. The levy was backed by 26 votes to 18 against, with a 53% turnout, and is set to be introduced this June.
Historic pub set for transformation into 12-bed hotel

2 weeks ago | business-live.co.uk | Dan Haygarth

A historic pub in Liverpool's Georgian Quarter, could be transformed into a hotel. The Caledonia pub, at the junction of Caledonia Street and Catharine Street, shut its doors for good in March, with licensee Laura King citing an increasingly challenging economic environment as the reason for closure. INM and MC Properties Ltd have submitted plans to Liverpool City Council proposing the conversion of the now-closed pub into a 12-bedroom hotel, featuring a commercial unit on the ground floor.
People on the move: key North East appointments and promotions

2 weeks ago | business-live.co.uk | Coreena Ford

Newcastle law firm Muckle LLP has announced four new promotions. Alex Speirs, Tom Justice and Sara Worsick have been promoted to partners in the firm’s dispute resolution, commercial and corporate teams respectively, while Beth Thompson has been promoted to senior associate in the real estate team. Anthony Evans, managing partner at Muckle, said: “We are deeply committed to our people and want everyone in the firm to have the ability to learn and develop and take the next step in their careers.
10 questions for James Carver of Carver Estate Agents and Carver Commercial

2 weeks ago | business-live.co.uk | Tom Keighley

James Carver has been a director at Carvers since 2009, a family-run business that has provided property services since 1991. Carvers offers a wide range of services, including residential sales, lettings, property management, and commercial property consultancy. The group also includes Carver Commercial, which specialises in chartered surveying and commercial property services. What was your first job?