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BusinessTalk: How they lost £10m on a single office building in Leeds
AN international real estate fund has bought the landmark Princes Exchange office block in Leeds in the biggest deal of its kind this year. Listen to informed debate in your weekly business programme from the Yorkshire Post.
1 commentPrepare for Plan B, IMF tells government on economy
THE Government should prepare a Plan B, featuring temporary tax cuts and increased spending on infrastructure, to support the UK economy in the case of a collapse in the eurozone or the failure of recovery to take off, the International Monetary Fund (IMF) said today.
Landmark block sold in biggest deal yet this year
AN international real estate fund has bought the landmark Princes Exchange office block in Leeds in the biggest deal of its kind this year.
Arla and Milk Link announce planned merger
LEEDS-based Arla Foods, one of the largest European dairy co-operatives, and Milk Link have announced plans to merge.
Data revenue drives Vodafone growth
VODAFONE hailed its success in boosting revenues from mobile data and emerging markets today as it reported profits at the top end of City hopes.
Diary and Review
Business Diary: May 22
WHEN Timothy Taylor’s old office block was demolished to make way for its latest brewery extension a piece of the company’s history was lost for ever – former accountant Geoff Drinnan’s desk.
Business Diary: May 8
SOMETIMES a cool legal head is needed to stop a football team from plummeting into the abyss.
People and Careers
Profile: John Maltby
IF you gather a random sample of entrepreneurs around a table, there’s a fair bet the conversation will revolve around one topic – the lack of bank finance.
On The Spot With David Cross
David Cross is the managing director of Sheffield architectural design company Coda Studios. He lives with his family in the city.
My Passion With Sarah Goodman
Sarah Goodman, manager in corporate tax at Grant Thornton in Leeds, on her passion for Latin American and ballroom dancing.
Yorkshire leads surprise trend as jobless total falls by 45,000
THE Government was given some welcome good news on the jobs front today when unemployment fell by 45,000 and the number of dole claimants dipped for the second month in a row.
Profile: Phillip Murphy
IN the dying days of the swinging sixties, Phillip Murphy and his wife Janine, decided to take the plunge into fish and chips.
Directory
Kcom’s full year profits rise
TELECOMS provider Kcom Group’s full-year pre-tax profit rose 55 per cent, helped by an increase in sales at its KC business and a reduction in operating costs.
Homeserve to cut size of UK arm
HOMESERVE said “historical issues” at the home repair and insurance group would be investigated by regulator the Financial Services Authority (FSA), following an internal probe into possible mis-selling.
EDF in nuclear power station talks
ELECTRICITY giant EDF is in talks with the nuclear regulator about extending the life of its power stations.
M&S boss slashes sales targets
MARKS & Spencer boss Marc Bolland slashed his sales targets for the high street retailer today as he unveiled its first fall in profits in three years.
Ryanair profits to shrink in cold climate
Ryanair plans to return about 483m euro (£390m) to shareholders through a special dividend after admitting it has run out of things to spend its money on.
Commentary
Bernard Ginns: Politicians created chaos, engineers must lead us out of it
Angela Knight is not normally known for her sense of humour.
Bernard Ginns: Mutuals have the trust, they just need the technology
Nearly five years on from the credit crunch of summer 2007, the reputation of the banking industry remains in tatters.
Slowdown of store giants good news for the small players
The news that Sainsbury’s is committed to its Yorkshire store opening programme despite the end of the so-called supermarket ‘space race’ will receive mixed reactions.
John Collingridge: There’s no need to hit the panic button over Morrisons
IF we were under any illusions about the pace of Britain’s recovery, Morrisons’ first quarterly sales slide in seven years brought us down to earth.
Blackfriar: Here we go again as Yorkshire Bank suffers more cuts
A FEELING of déjà vu is hanging over Yorkshire and Clydesdale banks.
- Sheffield Wednesday leaving it late to hijack Leeds United over Ward
- Ball is in Leeds United’s court over contract - Snodgrass
- Celtic interested in Leeds United’s White
- Sister ‘saw parents kill teenager Shafilea Ahmed for bringing dishonour on family’
- Fears over faith split fuelled by free school proposals
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Weather for Yorkshire
Tuesday 22 May 2012
Today
Sunny
Temperature: 9 C to 23 C
Wind Speed: 21 mph
Wind direction: North
Tomorrow
Sunny spells
Temperature: 10 C to 23 C
Wind Speed: 12 mph
Wind direction: North east
