Sponsored by
Business News
ING takeover steers Barclays towards retail
THE new chief executive of Barclays set the course firmly towards retail banking with his first deal since replacing Bob Diamond – the takeover of ING’s British savings and loan business and its 1.5 million customers.
BusinessTalk: Will your company join Osborne’s rights-for-shares swap?
WORKERS will soon be able to give up employment rights in return for shares in their company. Listen to informed debate in your weekly business programme from the Yorkshire Post.
2 comments£111m acquisition sees Mitie expand in home care sector
MITIE has moved into the expanding outsourced health and social care sector with the £111m acquisition of home care provider Enara.
Barclays adds 1.5m customers with ING deal
BARCLAYS has agreed to buy savings and mortgage business ING Direct UK in a deal that will see it add another 1.5 million customers.
IMF says UK could defer spending cuts
BRITAIN should defer spending cuts planned for next year if growth turns out to be much weaker than forecast, the International Monetary Fund said on Tuesday.
Norway fund pays £348m for stake in centre
NORWAY’S sovereign wealth fund has bought half of Sheffield’s Meadowhall, underlining the shopping centre’s strong performance amid a bleak retail climate.
Invesco’s ‘demolition job’ of logic behind the BAE/EADS deal
THE largest shareholder in BAE issued a long list of objections to the group’s proposed £27.9bn merger with EADS, including concerns over state interference, poor terms and a lack of strategic rationale.
Darfen hits 100 years of putting up the fences
A FENCING company which has survived two world wars, numerous economic downturns and huge advances in technology is celebrating its 100th anniversary this year.
Exporters battling to beat the product copycats
EXPORT-focused businesses are reaping the benefits, but intellectual property infringers are trying to cash in.
Cranswick to invest £10m in pastry factory
PREMIUM pork firm Cranswick is spending £10m on a new factory to target the savoury pastry and pie market, while it battles soaring pig prices.
Profile: Ian Harris
Multilingual search marketing firm Search Laboratory is winning new business as firms go overseas to grow. Suzan Uzel met MD Ian Harris.
On The Spot With Laura Mathewson
Laura Mathewson is the retail and marketing manager at the Crystal Peaks Shopping Mall and Retail Park in Sheffield.
My Passion With Anne Cassidy
Anne Cassidy, cashier at Begbies Traynor in Leeds, on tracing her family tree.
Business Diary: October 9
BOB Charlton, managing director for Asia Pacific at DLA Piper, revealed the identity of his role model at a recent business event in Yorkshire.
Pair rule themselves out of governor’s job
CHANCELLOR George Osborne now faces a narrower field from which to pick the Bank of England’s next governor, after two high-profile contenders decided not to apply.
A change in the weather sees a change in fortunes for sales on high street
SHOPPERS stocking up on coats, boots and knitwear as the weather cooled in September helped retail sales return to growth, a trade association said yesterday.
Campaign call for traders to work together to raise county town’s profile
RETAILERS and businesses in and around North Yorkshire’s county town are being invited to an open meeting aimed at increasing collaboration.
Eurozone crisis impacts on Michael Page
RECRUITER Michael Page International issued a profit warning yesterday, blaming a sharp deterioration in eurozone markets as the region’s debt crisis increasingly weighs on the real economy.
Persimmon looks South East with purchase of rival
PERSIMMON has stepped up its expansion in the South East by snapping up a regional housebuilder.
Call to change method to measure RPI inflation
AN expert on indexes reported that a method used to calculate Britain’s RPI inflation measure – key to many pay and pension rises – should be changed as it yields overly high figures, and the country’s statistics office began consultations on reform.
Neom Organics entrepreneur on shortlist to be woman of the future
NICOLA Elliot sold her car to invest in her vision of creating an organic home fragrance and body care brand and grew her business to a global level.
Tumble in European steel production to impact on Cookson profits
ONE of the UK’s oldest industrial companies has warned its profits will be materially below hopes due to a slide in European steel production.
Airlines’ share deal
AIR France-KLM, Air Berlin and Abu Dhabi flag carrier Etihad, plan to offer passengers access to some of each other’s services from October 28 in a sign of improving relations between European and Gulf carriers.
Industry specialist named by Cobbetts as new head of pensions
LAW firm Cobbetts has appointed John Hanratty as head of pensions.
Property sector’s charity tales from the Crypt
PROFESSIONALS from Yorkshire’s property industry will reveal their hidden talents at Yorkshire’s version of the hit ITV show X Factor.
Litigation rules shake-up will hit the victims, warn lawyers
NEW civil litigation rules are set to create bigger compensation awards but smaller payouts for victims, according to a leading Yorkshire commercial litigation lawyer.
Wincanton awarded Morrisons’ contract
Logistics firm Wincanton has been awarded a multi-million pound five-year contract by supermarket group Morrisons to operate its first ever dedicated UK convenience store distribution centre.
Plea to follow example of Sir Titus
YORKSHIRE business leaders should remember the work of Titus Salt and invest in their local communities if they want their companies to succeed, according to a Leeds insurance man.
1 comment
Government unveils ‘rights for shares’ scheme
WORKERS are to be given the opportunity to give up employment rights in return for shares in their company, Chancellor George Osborne announced today.
1 commentJoint venture sells interest in Meadowhall
LONDON & Stamford and Green Park Investments have sold their investment in Sheffield’s Meadowhall Shopping Centre.
Recruiter Michael Page warns on profit
MICHAEL Page International said that it expects its year profit to be below market expectations as economic uncertainty and weak confidence drag on results.
Cranswick to grow pastry products offering
UPMARKET meat to sausage maker Cranswick is to upscale its pastry products operations after buying land in Yorkshire to develop a new facility.
Persimmon makes acquisition
HOUSEBUILDER Persimmon has bought a business in the South East for £35.7m.
Jobs survey shows ‘modest’ growth in permanent appointments
THE number of people appointed to permanent jobs in the North of England rose in September following a three-month decline, according to a new report.
Geco secures funds for global growth
GECO Industries, which was started by young entrepreneur Lewis Bowen, has won a contract with outdoors retailer Go Outdoors and is set to go international after securing finance.
New office supplies venture for graphics firm
ONLINE retailer Graphics Direct has diversified with the launch of an office stationery venture.
Colliery disaster that left 34 dead marked for first time in 140 years
AN underground memorial service was held yesterday for 34 men and teenage boys who were killed in a mining tragedy in West Yorkshire 140 years ago.
UK deals market records fall but ‘still outshines Europe’
THE number of merger and acquisition transactions in Yorkshire so far this year fell, compared to the same period last year, but the region appears to have performed better in the way of debt-funded deals compared to other areas of the country.
Growth in pipeline as Pegler builds on stability
PEGLER Yorkshire, a manufacturer of plumbing and heating products, has recorded a slight increase in sales but a dip in profits in its latest annual results amid tough trading conditions.
Iris caught the eye of Weare2020
MARKETING business Weare2020 has acquired Sheffield-based creative agency Iris Associates, which it says will strengthen its brand communications proposition.
KCom sees hesitancy among business customers
TELECOMS group KCom said it is trading in line with expectations despite hesitant spending among its big customers.
Gas turbine group aims to create jobs at new HQ
TURBINE Efficiency is planning to create jobs in Doncaster after setting up a new facility to expand its services and global operations.
Wealthy cut spending and limit investment
ALMOST half of the region’s wealthiest people have cut their spending because of government austerity measures, according to a new survey.
Investment firms should be clear on gearing figures
INVESTMENT companies should improve the way they disclose gearing in the future, showing their long-term practices as well as current statistics.
Save hundreds by switching mortgages
HOMEOWNERS could save hundreds of pounds a year by switching from their standard variable rate (SVR) mortgage to a fixed rate product.
Beware the hidden costs of paying into pension schemes
The largest push ever to join a pension starts this month as the Government insists all employees sign up unless they positively opt out.
Promising signs as new figures show consumers were hitting the high street
CONSUMER spending hit a new high in September as people replenished their wardrobes for winter, a study has found.
Apprenticeship work is recognised
SUPERMARKET Morrisons, North York Moors National Park Authority and Yorkshire Ambulance Service were among the winners at an awards ceremony celebrating apprentices and their employers.
Atkins may face probe over rail deal fiasco
Design and engineering firm WS Atkins could be next in the firing line for its part in a flawed £5bn rail deal torn up by the government this week.
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Yorkshire
Wednesday 10 October 2012
Today
Sunny
Temperature: 6 C to 12 C
Wind Speed: 10 mph
Wind direction: South east
Tomorrow
Heavy rain
Temperature: 8 C to 12 C
Wind Speed: 15 mph
Wind direction: South east
