River Island unveiled a radical restructuring plan in June, which would see the closure of 33 of its underperforming UK stores, putting hundreds of jobs at risk.

A "hugely challenging trading environment" is continuing to hit Ultimate Products, with full-year revenues at the listed business expected to be lower than the previous year.

The longstanding director and managing director of a South Wales-based steel fabrication company will be transitioning into an advisory ambassadorial position after 25 years of leading the business.

More than £90m of equity investment was raised by smaller businesses across the East Midlands in 2024, according to new research, representing an increase in both volume and value.

The appointments come during a period of strong growth for the Newport-headquartered self-storage company, which reported an 9.3 per cent increase in turnover 2023-24 compared to the previous year.