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The Latest Breaking News from Vertu Motors

Vertu Motors warns of up to £5.5m hit to yearly profits from JLR shutdown

It was ‘disappointing for the industry’ to experience issues during September, a key month for vehicle number plates being changed, Vertu said.

Evening Standard

Bank of England warns of risk of AI market correction; gold hits new $4,000 an ounce record – as it happened

Soaring tech valuations could drop amid potentially ‘disappointing’ progress on AI, central bank says; gold has doubled in two years and extends 50% rally so far this year

The Guardian - UK

Charging ahead: will the UK’s new electric vehicle grant work for you?

Industry experts hope the new subsidy will boost Britain’s EV market – but not all models will be eligible

The Guardian - UK

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Vertu Motors axes jobs and shuts showrooms on Sundays after Budget blow

It warned it was facing around an extra £10 million in wage costs in its next financial year from the Budget measures.

Evening Standard

Supply of electric vehicles exceeds demand even as Ulez expands, dealership Vertu says

Vertu said there was an “imbalance” in its pipeline inventory

Evening Standard

Vertu Motors sees hike in new car sales as supply issues ease, but warns of future market uncertainty

The Gateshead motor retailer says the outlook remains unclear due to uncertainty of consumer demand

Birmingham Post

New Toyota car dealership coming to Ayrshire town after plans are given green light

The company will build a new car showroom on land at the rear of Old Farm Road.

Daily Record

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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

North East business life: charity, community and award events

Companies featuring in this week's round-up include Vertu Motors, Miller Homes, Kromek, NBS, The Inn Collection Group and The Dunelm Foundation

Birmingham Post

Two ways of thanking fellow drivers could see you fined

People appreciate being thanked, but you could be breaking the rules

Wales Online

Motor retailer Vertu invests £2.7m in solar power to counter rising costs

The Tyneside firm, which as 191 sales outlets now, has also taken action to mitigate against interest rate fluctuations

Birmingham Post

Motor retail giant set to move into Ayr as new Toyota dealership plan is announced for town

The company behind the proposals, Gateshead-based Vertu Motors PLC, are the fourth largest motor retailer in the UK.

Daily Record

North East deals of the week: key acquisitions, contracts and investments

Companies featuring in this week's round-up include Vertu, Fairstone and Fenwick

Birmingham Post

Motor retailer Vertu seals biggest deal in firm's history with £120m South West acquisition

The Gateshead firm has added 28 dealerships as well as Ferrari to the group in the Helston Garages Group deal

Birmingham Post

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Birmingham Post

North East deals of the week: key contracts, investments and acquisitions

Companies featuring in this week's round-up include My Property Box, QuantuMDx and Wastefront AS

Birmingham Post

Vertu Motors notes headwinds in cost of living and vehicle supply issues

The automotive retailer with 160 sites across the UK said its customers would likely be impacted by rising energy costs and inflation in general

The Independent UK

Alex Lees happy to ‘spread the word’ of England’s aggressive style into county game

The opener has embraced the approach of new head coach Brendon McCullum and captain Ben Stokes

Daily Mirror

Joe Root hailed as "effortless and savage" with England star tipped to break more records

Former England captain Joe Root is in the form of his life at the moment and teammate Alex Lees has backed him to "take down some more records" before he retires

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Daily Mirror

Inside Ben Stokes and Brendon McCullum's "dream partnership" and England's rejuvenation

England opener Alex Lees has lifted the lid on the immediate impact Ben Stokes and Brendon McCullum have had on the Test team, praising the pair's "aggressive and positive brand of cricket"

Daily Mirror

Alex Lees opens up about the "tough" journey chasing his England dream

EXCLUSIVE: Alex Lees has been through some "tough" times during his career, but believes they have made him a "far better batter" as he prepares for England's upcoming Test series against South Africa

Birmingham Post

North East deals of the week: key contracts, acquisitions and investments

Notable deals have been announced this week by firms including Grid Finder, Tolent, MBL Solutions and Filtronic

Birmingham Post

Motor retailer Vertu adds online wiper blade business to growing group in £3.5m deal

Kidderminster based Wiper Blades Ltd has been acquired as part of a strategy to add businesses which complement the core group

Birmingham Post

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

Firms welcoming new arrivals and making promotions include Crafter's Companion, Vertu Motors, WilliamsAli and Byggfakta

Birmingham Post

Vertu Motors launches new share buyback programme of up to £3m

The Gateshead motor retailer's latest buyback programme follows a record year for the business in 'unprecedented' trading conditions

Daily Mirror

Chris Kamara reflects on "challenging" upbringing as he takes trip down memory lane

It was a "challenging" upbringing for Chris Kamara while growing up in Middlesbrough, with the Sky Sports icon revisiting the town to look back and take a trip down memory lane

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