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Bowling alley operator Lane7 expands with Cardiff and Bristol mini golf acquisitions

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The North East firm has acquired Par 59, set up four years ago in a joint venture with footballer Gareth Bale

A Lane7 bar showing a number of bowling lanes.

A Lane7 bar showing a number of bowling lanes. (Image: Lane7)

Boutique bowling alley firm Lane7 has expanded with the acquisition of sites in Cardiff and Bristol.

The North East-based group, which already has sites across the country, has acquired mini golf, darts and shuffleboard business Par 59 in an undisclosed deal. Lane7 will close the Cardiff venue for refurbishment, before reopening under its own brand, while the Bristol premises will continue to trade as Par 59.

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It was formed as a partnership between Elevens Group, co-owned by football star Gareth Bale and Jamie Humphrys, and Depot, launching in March 2022. It added the mini golf, food and drink concept to Cardiff city centre where it helped repurpose the long-vacant St Mary Street site before growing further with the addition of the upstairs ‘Shuffles’ bar space in 2023.

It also expanded into Bristol, on Millennium Promenade. Announcing the move, Elevens Group said it will now focus on other opportunities and continue to run its Elevens Bar & Grill on Castle Street, while Depot will continue its investment in Cardiff’s live music and events scene through its 2,000-capacity venue, plus events staged through Depot Live at Cardiff Castle and Blackweir Fields.

Jamie Humphrys, co-owner of Elevens Group, said: “Par 59 has been a brilliant part of Cardiff’s hospitality scene over the last few years, and we’re incredibly proud of what was created there in partnership with Depot. From day one, the aim was to bring something fun, high-quality and genuinely exciting into the city centre, and it’s been fantastic to see so many people come through the doors and enjoy it with us.

Par59'S Cardiff venue.

Par59’S Cardiff venue.(Image: Par59)

“I’d like to thank everyone involved in the venue – including Gareth, the staff and customers – and everyone who supported Par 59 along the way. We’re proud of what the brand achieved, and this felt like the right time to hand it on.”

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Nick Saunders, founder of Depot said: “Together with Elevens Group, we built a brand with real momentum in Cardiff and Bristol, but the opportunity to sell came at the right time for all parties. For Depot, it allows us to stay focused on the areas where we see the biggest opportunity for growth and impact, particularly live music, major events and large-scale experiences in Cardiff. We remain hugely ambitious about what we’re building, and proud of the role Par 59 has played in that wider story.”

Gavin Hughes, managing director of Lane7 Group, said: “Par 59 is a strong business with two well-established sites, and we’re pleased to be taking it forward in Bristol whilst expanding our Lane7 brand in Cardiff. We believe our differentiated positioning puts us in a strong position to continue making the most of opportunities like these, which we expect to continue over the next 24 months as the market matures and consolidates further.”

Last summer, Darlington-based Lane7 opened two sites in Newcastle, in the former Lofts and Hustle bar and nightclub at The Gate, as well as ML7, at Monument Mall. It launched its first bowling alley in Newcastle in 2013, on St James’ Boulevard and has since expanded across the UK with 13 other sites in cities including, Liverpool, Bristol, Edinburgh, Manchester and Sheffield.

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AEVEX: This Defense-Tech Full Drone Stack Company Could Be A Future Winner (NYSE:AVEX)

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Market Brief: The AI Agent Wars - What Investors Need To Know

This article was written by

Dhierin-Perkash Bechai is an aerospace, defense and airline analyst.
Dhierin runs the investing group The Aerospace Forum, whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, and offers context to developments as they occur, describing how they might affect investment theses. His investing ideas are driven by data informed analysis. The investing group also provides direct access to data analytics monitors.
Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Anthropic study claims AI models crossed boundaries in blackmail test

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Anthropic study claims AI models crossed boundaries in blackmail test

Concerns about artificial intelligence behaving unpredictably are gaining attention following a recent experiment involving leading AI models, though experts remain divided on what the findings actually demonstrate.

President’s Council of Advisors on Science and Technology Co-Chair David Sacks joined FOX Business’ Maria Bartiromo on “Mornings with Maria” to address claims tied to an Anthropic study examining so-called “agentic misalignment.”

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The study, highlighted by Google Cloud Advisory Board Chair Betsy Atkins, tested how AI systems respond under pressure. According to Atkins, the models crossed established boundaries when placed in constrained scenarios.

“Every single one of them went outside of their credentials and permissions, burrowed into systems they were not authorized to get access to,” Atkins said, claiming that in one case an AI system escalated to blackmail after identifying sensitive personal information.

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Anthropic’s research outlines that these behaviors occurred in simulated environments designed to test edge-case decision-making, where models were given specific instructions and constraints.

Sacks pointed to those conditions as central to understanding the results, noting the behavior did not emerge spontaneously.

Artificial intelligence robot.

Artificial intelligence robot during a 2026 event in Las Vegas, Nevada. (Bridget Bennett/Bloomberg / Getty Images)

“The people who… created that study had to iterate on the prompt over 200 times to get the AI model to do what they wanted, which was to achieve this headline-grabbing result of blackmailing the user,” Sacks said.

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He added that the setup placed the model in a scenario where “blackmail was really the only logical result,” emphasizing that the system was responding to instructions rather than acting independently.

“The AI is not scheming… It’s engaging in a form of instruction… I think that that study was irresponsible and it was designed to create this,” Sacks said.

Sacks also noted that similar behavior has not been observed outside controlled testing environments, saying “a year later, we actually have not seen any examples of this behavior in the wild.”

The findings come as policymakers and industry leaders continue evaluating how to interpret AI safety research conducted under experimental conditions.

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Search on for new North West Business Leadership Team CEO as Emma Degg plans to step down

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New leader set for ‘competitive six-figure base salary’

Emma Degg, Chief Executive, North West Business Leadership Team

Emma Degg, outgoing chief executive at the North West Business Leadership Team(Image: Greater Manchester Business Week)

The North West Business Leadership Team has started its search for a new CEO after Emma Degg announced she will stand down in December.

Emma has led the NWBLT, which brings together leaders from businesses across the region, for a decade and received an MBE in 2024 for services to the North West business community.

Now the team has begun its work to find a successor to “act as both custodian and catalyst, protecting the integrity and culture of NWBLT whilst strengthening its role as a unifying voice across business and public sector leadership in the North West.”

The job description says the new CEO will receive a “competitive six-figure base salary” plus a potential performance-related bonus up to 10% of base salary.

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Chris Woodroofe, chair of NWBLT and CEO of Manchester Airports Group, said: “Since 2016, Emma has been the energetic and respected leader of the NWBLT. I do hope that she looks back on the last 10 years with immense pride in all that she has helped to achieve.

“Under her leadership, we have strengthened our membership and influence, deepened relationships across the public and private sectors, and expanded our reach at both regional and national level. On behalf of our members, and indeed the region, I extend my enormous thanks and gratitude to her for a job very well done.

“The work we do has never felt more important, so we are also grateful that Emma has ensured we have the time to recruit a leader who has the vision and energy to take us forward into our next chapter.”

Emma Degg said: “I am incredibly proud of what we have achieved together over the last few years, incubating projects that have made a difference to businesses and communities across our Region. Most importantly for me, our Diversity Drivers and Rising Star programmes have supported future female and ethnic minority leaders, whose achievements continue to inspire us all.

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“Although I have incredibly mixed feelings about leaving, I believe this is the right time to hand over the reins to a new leader. In turn I intend to focus on the organisations I support as a Board Member and Trustee, and explore how I can continue to contribute to our great region.”

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MF Picks: 13 smallcap stocks surge up to 115% in six months; 3 turn multibaggers

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The Economic Times

MFs are ramping up exposure to smallcaps, with 13 picks soaring up to 115% in six months and three turning multibaggers.

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California accuses Amazon of pressuring retailers to raise prices, court filings show

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Amazon adds seller surcharge as oil spike from Iran tensions drives logistics costs higher

California officials allege Amazon may have quietly driven up prices across the internet by pressuring retailers and brands not to undercut its listings, according to newly unsealed court evidence.

The allegations, revealed Monday as part of the state’s antitrust lawsuit, claim Amazon worked behind the scenes with companies like Levi Strauss and others to influence pricing at competitors including Walmart, Home Depot and Chewy.

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In one example cited by the state, Levi’s allegedly pushed Walmart to raise the price of khaki pants after Amazon raised concerns about a lower listing. In another, Amazon encouraged suppliers to coordinate price increases on products like pet treats – moves California says helped Amazon avoid having to match lower prices.

“As we are not a party to this litigation, we have no comment on the subject allegations,” a Levi Strauss spokesperson said.

FOX Business reached out to Walmart, Home Depot and Chewy.

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A worker near packages in an Amazon delivery vehicle in San Francisco, California, US, on Monday, Feb. 2, 2026.  (David Paul Morris/Bloomberg via Getty Images)

State officials argue the conduct was not isolated, but part of a broader strategy used across product categories over several years. The filing outlines three alleged tactics: encouraging competitors to raise prices, temporarily breaking price matches, so higher prices stick, and in some cases removing lower-priced products from rival sites altogether.

In certain instances, vendors allegedly pulled products from competing retailers entirely – eliminating cheaper options before prices rose on Amazon and elsewhere.

The filing also claims Amazon enforced compliance by leveraging its market power, including threatening to suppress product listings, limit promotions or impose financial penalties on vendors that allowed lower prices on other platforms.

AMAZON ADDS SELLER SURCHARGE AS OIL SPIKE FROM IRAN TENSIONS DRIVES LOGISTICS COSTS HIGHER

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Officials say vendors often had little choice but to comply, given Amazon’s scale and importance to their business.

“Amazon is illegally working to rake in profits by making sure consumers have nowhere else to turn to for lower prices,” Attorney General Rob Bonta said in a statement.

Rob Bonta

California Attorney General Rob Bonta speaks to the media following graduation ceremonies for the School of Social Ecology at UC Irvine in Irvine, CA on Monday, June 16, 2025. (Paul Bersebach/MediaNews Group/Orange County Register via Getty Images)

Amazon denied the claims, saying its agreements with sellers are legal and help ensure competitive pricing and product availability. The company said it is “consistently identified as America’s lowest-priced online retailer” and called the lawsuit an attempt to distract from a weak case.

The filing also alleges Amazon discouraged employees from documenting sensitive pricing discussions in writing, instead encouraging the use of phone calls.

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Exterior view showing the Amazon logo mounted on the building housing the company’s German headquarters in Munich.

The Amazon logo is displayed on the façade of Amazon Germany’s headquarters in Parkstadt Schwabing, Munich, Bavaria, on Jan. 27, 2026. (Matthias Balk/picture alliance via Getty Images)

The case comes as Amazon’s scale continues to grow – the company recently surpassed Walmart in annual revenue – intensifying scrutiny over its influence on online pricing.

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California is seeking to block the alleged practices and recover profits, with a hearing scheduled for July and trial set for January 2027.

Reuters contributed to this report. 

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Opinion: Magic pudding a health spending treat

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Opinion: Magic pudding a health spending treat

OPINION: The government commits a further $1.5 billion to the health portfolio before the May budget.

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Perma-Pipe International : From High Expectations To A More Attractive Entry Point (NASDAQ:PPIH)

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steel long pipes in crude oil factory during sunset

This article was written by

My name is María Fernanda and I’m currently studying an MBA. My inspiration investors are Warren Buffett, Peter Lynch and Terry Smith, so I look for quality companies at a reasonable valuation. I believe that, in the long term, fundamentals are what drive the share price, so I look to predict what a business’s earnings per share will do.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of PPIH either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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North East coach tours brand launches hoping to cater for over 55s market

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Primrose Holidays hopes to tap into a projected increase in holiday spending by older travellers over the next decade

Primrose Holidays will offer tours across the country.

Shaun Read (left) with his parents who are helping to promote the new business.(Image: Shaun Read)

A new coach tour operator has launched in the North East hoping to tap into demand for UK-based getaways for the over-55s market.

Primrose Holidays is being launched by “wholesale” coach holiday provider, Ashley & Newey, which normally offices coach services to other operators in the sector. The Darlington-based firm will used Ashley & Newey’s resources but expects to create new jobs next year if its model – catering for “silver tourists” – proves successful.

Bosses point to projections from the European Parliament that tourism spending by those aged 55 and over will nearly double by 2040. They say active, health-conscious lifestyles and higher disposable incomes are coupled with a desire to travel closer to home.

Primrose’s target market is also more likely to travel outside of peak season more often, with a preference for less crowded destinations and “off the beaten track” tours. It will cover a range of locations across Scotland, England, Wales and Ireland, promising “slower tourism” where holidaymakers will get chance to spend more time in fewer places.

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So far the firm is marketing themed trips including the ‘Golden Age of Railways, Canals and Rivers’, and ‘Great Houses and Gardens of Cheshire’, ‘Romantic Journeys of Scotland’ and ‘Sailing and Steaming in Delightful Devon’. It is even offering an ABBA Voyager Weekend in London.

Shaun Read, owner of Primrose Holidays and board member of the Coach Tourism Association, said: “Today’s older travellers are increasingly discerning. They’ve holidayed more than previous generations, they’re comfortable travelling and they want to continue exploring – but without the hassle of planning and booking every trip from scratch.

“At Primrose Holidays, we remove the pain points. We’ve chosen each destination for its rich mix of things to see and do, hand-picked every hotel for its high standard of rooms, meals and facilities, and selected the most interesting attractions based on visitor feedback.”

Primrose Holidays offers a door-to-door transfer service within the advertised package price for many postcodes, or for a small surcharge for those living further away.

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Mr Read added: “From south Northumberland and along the east coast, to Sunderland and Durham, Primrose Holidays will collect customers from their homes and transfer them directly to and from the comfort of our executive coaches. It’s all part and parcel of our more personalised offer for older travellers, prioritising quality over quantity to deliver a more relaxed holiday.”

Ashley & Newey was set up in the late 1980s, starting with Emmerdale and Heartbeat themed coach tours to Yorkshire, before expanding to offer holidays across the UK and Ireland as demand grew. The business now provides hotel-only bookings, “mystery tours” and coach touring holidays ranging from one to 10 nights, to coach tour operators across the country.

Mr Read added: “Coach holidays can be a really social way to holiday, whether for solo travellers, couples or groups, providing shared experiences in a safe, friendly and supportive setting.”

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UPS and FedEx have begun filing for some tariff refunds

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UPS and FedEx have begun filing for some tariff refunds

FedEx and UPS delivery vans are seen in Krakow, Poland on February 22, 2022.

Beata Zawrzel | Nurphoto | Getty Images

The refund process for tariffs has begun, but it could be months before consumers start reaping those rewards.

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Following the Supreme Court ruling that some tariffs were unconstitutional, U.S. Customs and Border Protection opened up a refund process on Monday for companies to begin requesting money back.

The refund process only affects levies collected under the International Emergency Economic Powers Act, or IEEPA, which were the specific tariffs that the Supreme Court invalidated. Some tariffs —like those under Section 232 of the Trade Expansion Act of 1962 or those under Section 301 — remain in place.

The tariff refund portal, called the Consolidated Administration and Processing of Entries, will allow importers of record to submit refund requests. CBP will then process those requests in phases, and the first phase will only cover refund requests for entries that CBP finalized within the last 80 days.

For shippers UPS and FedEx, that could mean a payday for the companies and, eventually, for customers.

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UPS said this week that it will work to request and retrieve tariff refunds from CBP on customers’ behalf for any shipments where the company was the importer of record, meaning customers do not need to contact UPS.

Still, the company noted that the refunds could take up to three months to be delivered to UPS, which can only then issue refunds to customers.

“We remain focused on keeping shipments moving and helping ensure our customers can fully exercise their rights throughout this complex process,” UPS said in a statement. “We are closely monitoring legal developments and will share updates as available.”

The shipment company said it has only received CBP guidance about the first phase of tariff refunds.

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FedEx also told CNBC it has begun filing claims with CBP for tariff refunds.

“Supporting our customers as they navigate regulatory changes remains our top priority,” FedEx said in a statement.

The company said its process is “straightforward”: If CBP issues refunds to FedEx, it will in turn issue those refunds to shippers and consumers who paid those charges.

FedEx said it will also generate the reports needed to secure refunds on behalf of its customers.

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DHL told CNBC it has also begun filing for tariff refunds, launching the process automatically for any shipments where it was the importer of record.

“We will continue to monitor developments closely, engage with authorities and communicate transparently as further guidance becomes available,” the company said in a statement.

On Tuesday, President Donald Trump told CNBC’s “Squawk Box” that he would “remember” companies that did not request tariff refunds.

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Home Bargains development firm sees double planning success

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Davos Property Developments to push ahead at schemes on stalled Liverpool sites

The plans for the Greenland Street scheme

The plans for the Greenland Street scheme

The development arm of the company behind Home Bargains has secured approval for more than 250 new homes across Liverpool city centre. Davos Property Developments is to move forward on the development of two stalled sites after winning over the local authority’s planning committee.

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The company, which handles the property arm of TJ Morris, has been granted permission for a 13 storey tower near the proposed £100m Baltic Triangle Merseyrail station. Almost 200 one and two-bed homes will be built on land bounded by St James Street, Greenland Street, New Bird Street and the former LeeFloorstok warehouse.

Davos, which has already secured significant approvals within the Kings development, will also deliver plans for an additional 59 units at Blundell Street, Kitchen Street and Simpson Street. Matthew Sobic, on behalf of the applicant, addressed councillors at Liverpool Town Hall.

Regarding the Baltic Triangle application, Mr Sobic said it was one of several high profile stalled sites in the city. He added: “Today the site is derelict, enclosed by hoardings, affected by flyposting and graffiti and unmanaged vegetation.

“It makes no positive contribution to the area.” Alongside 199 homes, the proposal will provide co-working space, ground floor commercial units and residents’ amenities, such as a gym and rooftop terraces.

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The designs draw on the Victorian industrial heritage of the area, with its vertical proportions, deep window reveals and iron detailing. Mr Sobic added how the proposal will “meet increasing demand for inner city living in one of Liverpool’s most sustainable neighbourhoods” and it would “create a genuine neighbourhood rather than simply a building”.

It was cleared in 2018, and has since been used as a surface car park. A total of 89 one-bed apartments will be delivered alongside a further 110 two-bed homes and townhouses.

How the new build could look near Baltic Station

How the planned new build near Baltic Station could look

Mr Sobic said the development was the “best possible future for this site” and there was a “strong ambition and will to invest and regenerate in the city centre” by Davos. The company also secured permission for work to begin on almost 60 further properties at Blundell Street, Kitchen Street and Simpson Street.

The scheme will include the construction of a part eight/part six storey building with a two storey bridge link at first and second floor levels between the new block and a retained three storey warehouse. It would provide three commercial units on the ground floor.

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Mr Sobic said the existing warehouse would be retained in a creative way and revitalise “another stalled site where planning permission had been approved”.

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

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