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Business news

Yesterday, 06:00

Around 200 people are to lose their jobs at the Ipswich office of global insurance broker and risk management group Willis.

The Great House restaurant with rooms in Lavenham.

An award-winning Suffolk restaurant has gained another accolade after being ranked the 26th best in the country.

Gavin Patterson, chief executive of BT.

Photo: BT

BT is to pay out up to £129million to extend the Government-led roll-out of superfast broadband, after a bigger-than-expected take-up of the service.

Centrica has reignited controversy over high energy bills by announcing a 44% increase in first half profits at its British Gas retail division.

Energy giants Royal Dutch Shell and Centrica today revealed plans to axe a total of more than 12,000 jobs.

Christopher Hayman of Hayman Distillers with his children Miranda and James.

Essex gin maker Hayman Distillers is celebrating after winning a Gold award at this year’s International Wine and Spirits Competition (IWSC).

Bakery chain Greggs saw like-for-like sales rise 5.9% in the six months to July 4.

Higher breakfast sales and a bigger range of healthier products helped Greggs grow underlying profits by 51% in the first half of the year.

Barclays chairman 

John McFarlane.
Photo: VisMedia

Barclays boss John McFarlane today signalled plans to ramp up growth, squeeze costs and streamline the business after announcing a 25% rise in first half profits.

Uncertainty over Government policy is holding back potential investment in the offshore wind sector, according to East of England Energy Zone director James Gray.

The absence of a clear Government stategy is leaving the offshore wind industry “in limbo”, according to a leading figure within the sector in East Anglia.

The rate of growth in the UK economy rebounded during the second quarter of 2015, but the manufacturing sector continued to struggle, according to official figures.

UK growth bounced back in the second quarter of 2015 as gross domestic product (GDP) increased by 0.7%, according to official figures.

Ransomes Jacobsen operations director Simon Rainger addresses staff as the company's last Ransomes Commander mover leaves the production line.

Staff at Ipswich-based turf maintenance machinery maker Ransomes Jacobsen have marked the end of an era, with the last Ransomes Commander mower having rolled off the production line.

Barker Gotelee has welcomed Lucy Underwood, conveyancing assistant, Linda Crawford, solicitor, Nicky Sunderland. trust and estate planning practitioner, and Lisa Hobbs, junior secretary.

Ipswich-based law firm Barker Gotelee has welcomed four new employees across its expanding business.

Charles Manning on the new patio area at Bears Boutique Bar and Bowling in Star Lane, Ipswich

Businessman Charles Manning is pleased with the way his Bears bowling bar and grill is fitting into the entertainment offer in Ipswich – and with the business community.

A Ryanair aircraft atStansted Airport.

Budget airline Ryanair today reported a 25% jump in earnings for the first quarter of its new financial year.

Alton Towers in Staffordshire.

Alton Towers owner Merlin expects annual earnings for its theme parks business to drop by as much as £47million this year following last month’s rollercoaster crash.

Artist's impression of how an office development in Sheepen Road, Colchester, could look

A council has managed to secure tenants for a new office development before work has even begun on building it.

Manufacturers in the East of England are in confident mood, according to a new report.

Manufacturers in the East of England are helping to lead the way in exports and business confidence, according to a new report

Tom Gillman of Crafted.

Mediterranean Shipping Company, which has its UK head office in Ipswich, has launched a new global website, designed and built by locally-based digital agency Crafted.

IPRS Group celebration at Wherstead Park, Ipswich

Company celebration is a boost for charities

Omni Freight Services directors Shaun Rudduck, left, and Andy Wilding with the Suffolk FA  Premier Cup.

Omni Freight Services of Felixstowe is to sponsor the Suffolk FA Premier Cup for the next three years.

Food & farming news

Yesterday, 08:14

When old school friends Geoff Parker and Tim Isaac were approaching their 40th birthdays, they agreed to mark the major milestone in their lives by doing something “a bit different”.

Wed, 09:53
Jim Moseley who is to become chairman of Assured Food Standards,  the company which operates the Red Tractor assurance scheme, from the end of November 2015.

Assured Food Standards (AFS), the company which operates the Red Tractor assurance scheme, has announced that Jim Moseley will take over as chairman from the end of November 2015.

Mon, 06:00
Debenham farmer and NFU member Richard Styles

I would not describe farming as a trendy business but it does have its crazes.

European Union

Movers and Shakers

Tuesday, July 21, 2015

An award-winning entrepreneur has joined a fast growing East Anglian energy company that is celebrating a multi million pound turnover just two years after launch.

Tuesday, July 14, 2015
Peter Driver (left) receives his TOCA award from Ransomes Jacobsen managing director Alan Prickett

Peter Driver, public relations manager at Ipswich-based commercial mower makers Ransomes Jacobsen, has scooped an international writing award.

Tuesday, July 7, 2015
From left, John Nicholson,  Andy Bloomfield  and Chris Pont of IJYI.

Ipswich-based software development firm IJYI has taken on its second apprentice in the space of six months.

Business features

Yesterday, 09:19

After 18 months of planning, MLM Group plc finally moved into its new offices at Felaw Street, Ipswich, earlier this month. However, the journey has been an interesting one with a focus on the need to not only provide an environment that both suits and fits into the local landscape but that also demonstrates the scale of this international business which now operates throughout the UK and internationally. Ross Bentley reports.

Tue, 06:00
Cooper Lomaz Recruitment managing director Richard Mould, left, and operations director Mark Fletcher.

Cooper Lomez Recruitment
Photography by Jason Bye
t:  07966 173 930

Independent recruitment company Cooper Lomaz, which operates across East Anglia, looks set to celebrate its 25th anniversary with another record-breaking year.

Sunday, July 26, 2015
The Smiler ride at Alton Towers in Staffordshire, part of the Merlin Entertainment group.

The half-year bank results season gets into full swing this week with figures from Barclays, Royal Bank of Scotland and Lloyds Banking Group, while the owner of Alton Towers will lay bare the impact of last month’s rollercoaster crash that left five people seriously injured.

Expert advice

Yesterday, 08:09

We usually associate the living wage with campaigns for the rights of employees, but the announcement in the Summer Budget that a National Living Wage is to be made compulsory isn’t just good news for the two million people who will get a significant pay rise.

Thursday, July 23, 2015
Kate Williamson, an associate at Ashton KCJ.

The franchising sector has evidenced considerable growth where many other sectors have struggled during the recent downturn.

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