With the help of £708,000 from the Cardiff Bay administration’s Economy Future Fund, Creo Medical will be able to expand its facilities and buy cutting-edge manufacturing machinery, which will in turn lead to the creation of high-paying jobs.
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The charges are over the $175 million sale of the company to JPMorgan Chase Bank NA (JPMC) in 2021.
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Le Maitre Ltd, a company in Peterborough, has been fined £500,000 and ordered to pay £20,788.65 in costs after a young father, Brendan Ledgister, was killed in an explosion at a firework factory.
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Sir Richard Branson’s rocket company, Virgin Orbit, has declared bankruptcy in the United States after failing to secure fresh investment.
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Employees have reportedly been told to reapply for jobs similar to their previous positions elsewhere in the company or they would be let go.
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