Live updates

Tinkler: 'Government must pull itself together'

Andrew Tinkler, Chief Executive, Stobart Group Credit: ITV Border

One of Cumbria's most well-known businessmen says the government needs to pull itself together in the wake of the EU referendum.

Andrew Tinkler, who's the chief executive of the Stobart Group, voted to leave the EU and says it's now up to business leaders and politicians to make it work.

One of Stobart Group's most ambitious plans has been the expansion of Carlisle Airport, to allow passenger flights from Carlisle to London Southend, Belfast and Dublin.

The project currently receives financial backing from the EU, and Mr Tinkler says that although the plans may now need to be reviewed, he wants to push forward with the development.

Carlisle Airport Credit: ITV Border


Vulcan bomber star of Cumbrian festival

The last cold war RAF Vulcan bomber in the world that's still flying is due to be the star of the show at Stobart Fest today.

The plane is expected to fly for a 10 minute display at 2.45pm at Carlisle Airport.

Last year's first-time appearance of Stobart Fest attracted around 16,000 people.

The festival is also a chance for fans of Eddie Stobart lorries to meet some of their favourite drivers. Several became household names after appearing on a behind-the-scenes show on Channel 5.

Stobart to sell controlling percentage

Stobart Group are selling 51 per cent of their haulage business Credit: PA

The Stobart Group are selling a controlling 51 per cent of their road haulage business, Eddie Stobart.

A private-equity investor from the Isle of Man, DBAY Advisors, will take on the stake for £280.8million.

William Stobart, the current chief operating officer, will leave the company's board to become chief executive of Eddie Stobart Logistics.

The deal will allow Stobart Group to pay off £100million of debt, as well as investing £55million in their biomass division.

Eddie Stobard a UK 'superbrand'

Eddie Stobart is one of the 67 UK 'superbrands' Credit: PA

Cumbrian haulage firm Eddie Stobart has made into the list of "superbrands" for 2014.

Only 67 firms across the country are given the title by the survey, which is decided by an independent panel of experts every year.

The haulier, which originated in Hesket Newmarket, now operates a fleet of 2,500 trucks and 4,000 trailers.


Load more updates