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The Latest Breaking News from Group

Cake Box set to double shop numbers to 400 despite profit decline

The group set a new target as it neared its previous goal of 400 shops

Evening Standard

Lulu Group commits to invest over ₹3,500 crore in Telangana

The Abu Dhabi-headquartered Lulu Group to invest ₹3,500 crore across sectors, in Telangana over next five years.

The Hindu

Collaborative design project to support Liverpool’s homeless young people wins prestigious Davidson Prize

Helping Hands, which addresses the need for temporary homeless accommodation and support services, was announced as the winner of the 2023 Davidson Prize at Tuesday night’s award ceremony.

Evening Standard

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Lloyds Banking Group setting up tech development centre in Hyderabad

British financial services major Lloyds Banking Group (LBG) is setting up a technology centre in Hyderabad as part of a larger 3 billion pound strategic investment aimed at transforming its digital offering.

The Hindu

Admiral Group expands with acquisition of French online home insurance firm

The deal bolsters Admiral's current market share in the French online home insurance market

Birmingham Post

Tewkesbury's Duraflex Windows Systems is set to close with the loss of more than 100 jobs

The company is owned by Cardiff-based UK Windows and Doors Group

Birmingham Post

Fashion group N Brown blames 'poor early spring weather and low consumer confidence' for continuing sales fall

N Brown's brands include Simply Be, Jacamo and JD Williams

Birmingham Post

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People on the move: key appointments and promotions of the week

Companies featuring in this week's round-up include Gentoo Group,

Birmingham Post

Issa brothers’ EG Group launches huge $6.1 billion debt refinancing deal as loan deadlines loom

The firm said it expected to reduce total net debt down from $9.8 billion in March

Evening Standard

Pennon records 88 per cent drop in profit in annual results

The Exeter-based utilities group attributed the drop to the rising costs of energy

Birmingham Post

Property development fuels leap in profits at Caddick Group but construction business suffers

New accounts show a mixed picture for the group's businesses

Birmingham Post

Restaurants closing tomorrow including Frankie and Benny's and Chiquito - see full list

The Restaurant Group (TRG) announced earlier this year that it was to close its "loss making sites" and 17 will be shutting their doors this weekend

Daily Mirror

Rising Storm studio Antimatter Games is being closed

Parent company EG7 is looking to cut expenses and "achieve higher predictability and profitability."

PC Gamer

Live In The Dream can be 'a force' in the Temple Stakes at Haydock Park

Trainer Adam West looking forward to four-year-old's bid for Group Two glory on the final day of three days top-quality racing action at the Merseyside track

Liverpool Echo

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Evening Standard

Tory council chief under fire as Facebook group ‘celebrates’ Ulez camera vandalism

The Tory leader of Harrow council was under fire on Friday after it was revealed he helps run a Facebook group where members celebrated the destruction of cameras policing the Ultra Low Emission Zone expansion.

Zenger

European Commission Inaction Is Putting The EU’s Insurance Market At Risk

The Romanian Financial Supervisor Authority announced its bankruptcy proceedings against City Insurance SA.

Birmingham Post

Tyneside tech firm Zytronic falls to a loss amid gaming market turmoil

The Blaydon business has been impacted by US firm Azure's filing for bankruptcy as well as other issues in gaming and vending markets

The Hindu

Andhra Pradesh: Government and GMR Group conducting joint survey of lands at Bhogapuram

Both the Andhra Pradesh government and GMR Group took up a joint survey of lands at Bhogapuram where the international airport would be constructed by the GMR Group very soon.

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Bangkok Post

Porsche drives rainbow dreams

Porsche Thailand by AAS Group recently showcased the first "911 Carrera GTS - 30 Years Porsche Thailand Edition" at the Plenary Hall of the Queen Sirikit National Convention Center.

Daily Record

Seven councillors leave North Lanarkshire SNP group following disciplinary hearings

They had previously written to the SNP National Secretary about the handling of the Jordan Linden scandal

Liverpool Echo

Veteran Liverpool Liberal Democrat leader Richard Kemp to stand down as group chief

Cllr Kemp has led the city Lib Dems for 11 years but will step down to allow a new leader to be elected at group AGM tomorrow

Daily Mirror

Full list of 23 restaurants closing this month including Frankie and Benny's and Chiquito

The Restaurant Group (TRG), which owns both Frankie and Benny's and Chiquito, expects it will save around £5million by closing its "loss-making restaurants"

InsideEVs

US: Hyundai Motor Group And SK On Confirm 35 GWh Battery JV

Hyundai Motor Group and SK On officially announced approval of the EV battery cell joint venture factory, which will be built in the United States.

Birmingham Post

Cardiff medtech firm Intelligent Ultrasound sees revenues rise to more than £10m

The company has posted its full trading results for the year ending December 31 2022

Reason

"40 Officers of China's National Police Charged in Transnational Repression Schemes Targeting U.S. Residents"

"Defendants accused of creating fake social media accounts to harass PRC dissidents, and working with employees of a U.S. telecommunications company to remove dissidents from company's platform."

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