CRODA International – the company behind Lorenzo’s Oil – has secured an acquisition which could help it to develop new consumer products.
ELECTRONICS Yorkshire has launched an apprenticeship scheme in electronics to meet what it describes as “a significant skills gap in the sector”.
3i Group is to buy the European infrastructure fund management business of Barclays as part of a drive to boost its fee income from public-private partnerships and renewable energy projects.
MOST children’s money habits have been formed by the time they reach seven years old, research from a Government-backed body found this week.
The Co-operative Bank is to stop lending to new corporate customers as it seeks to repair a major hole in its finances – dealing a blow to efforts to ease the borrowing squeeze on small businesses.
Procter & Gamble has brought back AG Lafley to run the world’s largest household products maker, replacing Bob McDonald immediately in the midst of a major restructuring.
Britain may be as much as three quarters of the way through the process of working off the high debt levels which have weighed on the economy since the financial crisis, a top Bank of England policymaker said yesterday.
A NEW online tool launched this week promises investors a way to cut through what its authors call the “smoke and mirrors” used by investment firms to charge hidden fees and get a more realistic valuation of their investments.
The controversial ‘Ticked Off...’ column which exposes malpractices in the financial industry has struck with success.
Most people aspire to own their own home. With house prices up by 29.7 per cent in 10 years, it makes good financial sense.
NATURAL chemicals company Croda International has bought a leading US oil gelling polymer business to strengthen its position in this field.
Mitchells & Butlers, the UK’s biggest operator of managed pubs with 1,600 sites, yesterday placed upmarket, special occasions and family dining at the centre of an investment drive worth up to £80m a year.
YORKSHIRE’S top academics could soon have more opportunities to turn their ideas into businesses.
THE number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labour market despite belt-tightening by Washington.
RETAILER Mothercare racked up another big loss in the UK yesterday but insisted there were signs that the business is on a “firmer footing”.
Halfords warned of a long uphill slog to recovery yesterday as profits tumbled by 22 per cent and its dividend was slashed by a third to pay for a £100m revamp of the struggling car parts and cycling retailer.
The downturn across eurozone businesses eased slightly this month, although a dearth of new orders means the bloc’s economy is likely to contract again in the second quarter, business surveys showed yesterday.
Struggling airline Flybe Group will quit its main London hub at Gatwick airport and has pushed back the delivery of 16 new aircraft to help it return to profitability.
State-backed Lloyds Banking Group said it had raised £450m from the sale of 15 per cent of wealth manager St James’s Place to boost its capital.
RETAILER Mothercare racked up another big loss in the UK today but insisted there were signs that the business is on a “firmer footing”.
STRUGGLING regional airline Flybe is quitting Gatwick Airport by selling its runway space there to budget rival easyJet for £20 million.
THE UK’s return to growth was underlined today as revised figures confirmed the dominant services sector helped the economy expand by 0.3% in the first three months of the year.
Struggling regional airline Flybe is quitting Gatwick Airport by selling its runway space there to budget rival easyJet for £20m.
Retailer Mothercare racked up another big loss in the UK today but insisted there were signs that the business is on a “firmer footing”.
Credit rating firms say they could further downgrade the ratings of highly indebted eurozone countries, putting their bonds at risk of being pitched out of global indexes and reversing a fall in their borrowing costs.
SURGICAL Innovations is to use its pioneering keyhole surgery techniques to examine jet engines without having to take them apart.
SHARES in Wm Morrison Supermarkets fell yesterday after UBS confirmed it had placed around 100 million shares in the firm at 280p for an institutional seller.
buy-to-let mortgage provider Paragon plans to set up a bank next year, taking advantage of new rules designed to encourage competition to Britain’s established lenders.
Total is going ahead with a plan to invest 1 billion euros at its Belgian refining and petrochemical complex to boost diesel-making capacity and cut costs, the head of refining at the French major said yesterday.
A RETAIL development which is expected to create 1,000 jobs in Yorkshire could be fully let within six weeks, it was revealed yesterday.
NATIONWIDE said yesterday that its share of the mortgage market had reached a record high after seeing a big rise in the number of first-time buyers joining the property ladder.
Methane miner Alkane Energy is to buy Maltby colliery’s methane reserves in a deal that will enable it to provide power for up to 14,000 homes.
The Bank of England’s top policymakers remained split 6-3 against restarting its bond purchase programme for a fourth month in a row in May, amid signs that the economy is improving.
Cable & Wireless Communications said gaining government approval for the disposal of its Monaco business was proving more problematic than expected, but it had options available if the sale to Bahrain’s Batelco fails.
TECHNOLOGY entrepreneur Martin Port is seeking to sell 14 per cent of his business venture BigChange via an online equity crowdfunding platform to fund the next stage of its growth.1 comment
Rolls-Royce has won a contract to supply engines to power 23 Airbus aircraft ordered by US leasing company CIT Aerospace, it said yesterday.
HSBC has appointed Mick Knowles to the role of area commercial director for South Yorkshire, which will see him focus on supporting small and medium-sized enterprises (SMEs).
THE brightest and best engineering students in Britain will soon be attracted to a new academic building in Yorkshire.
FORMER quantity surveyor Emma Brayshaw has launched her own franchise of domestic cleaning and homecare business Bright & Beautiful.
ENERGY giant SSE pocketed a profits boost from UK households over the last year, as consumers turned up their heating to keep out the terrible winter weather.
STUDIO Pilates has expanded with the opening of a new exercise studio and three new treatment rooms.
YORK’S industrial heritage has received a £150,000 boost with the start of work to preserve and restore the historic former Terry’s chocolate factory.
DRINKS company Britvic has announced plans to close its factory in Huddersfield with the loss of 40 jobs.
NATIONWIDE boasted a record share of the mortgage market today after seeing a big rise in the number of first time buyers joining the property ladder.
ENEERGY giant SSE pocketed a 28% profits boost from UK households over the past year as they turned up their heating to keep out the bitter winter weather.
LLOYDS Banking Group today insisted it will not need additional help to meet regulatory demands for a bigger buffer against future financial shocks.
BANK of England governor Sir Mervyn King stuck to his guns in wanting to pump more money into the economy this month, despite recent glimmers of hope for growth.
A YORKSHIRE brewery hopes to win orders across the US after securing a lucrative contract.
ROYAL Mail unveiled a big jump in profits to £440m yesterday as it took another step towards a possible stock market flotation later this year.
MARKS & Spencer’s chief executive Marc Bolland has dismissed speculation that shareholders could force him out after the group posted its lowest annual profits since 2009.1 comment
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Weather for Yorkshire
Saturday 25 May 2013
Temperature: 4 C to 18 C
Wind Speed: 10 mph
Wind direction: North west
Temperature: 6 C to 18 C
Wind Speed: 14 mph
Wind direction: West