- Halliwell joins X Factor auditions
- PM rapped over 'idiot Balls' jibe
- 366 jobs axed in Clinton's closures
- Missing children helplines praised
- Sister weeps over Shafilea's death
- Rabies case is confirmed in UK
- Morgan gave Paxman 'hacking lesson'
- BAE Systems win £1.6bn Saudi deal
- Met detective held in bribery probe
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200 Yorkshire jobs saved as BAE signs new Saudi Hawk deal
200 Yorkshire jobs have been saved after defence giant BAE Systems signed a £1.6 billion contract to supply Hawk aircraft to Saudi Arabia.
Young ‘struggling to get first job’
ALMOST half a million young people have been unable to move from learning into employment after being “shut out” from finding their first job amid changes to the type of skills firms require, according to new research.
Firstgroup signals bus overhaul
FIRSTGROUP put more of its bus services on the block today after admitting fuel costs, lower demand and reduced subsidies were hurting the division.
Nationwide unveils SME lending plan
A new player in the small business lending market is set to emerge after building society Nationwide today unveiled plans to build up a range of services in the coming years. Nationwide, which has previously only hinted at providing financial services to small and medium-sized enterprises (SMEs), said it wanted to play an increasing role in providing credit to an “important part of the UK economy”.
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 commentVodafone cuts target as callers react to debt crisis
Mobile operator Vodafone wrote down the value of its assets by £4bn and cut its medium-term sales target, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls.
Arla and Milk Link prepare for role in international venture
DAIRY business chiefs in Leeds and Bristol and Denmark and Germany have shaken hands on a deal which will make British farmers part of a mega-business reaching all over the UK and much of the rest of Europe.
Tesco chief executive turns down bonus as retailer loses market share
Tesco boss Philip Clarke has passed up an annual bonus of about £372,000 after the retailer’s poor performance in its main UK market, heading off a potential outcry by investors increasingly critical of executive pay.
Price hope for dairy farmers in merger
ABOUT 1,600 British farmers are to become part of a European mega-business which could have a big influence on the dairy market.
Yellow pages owner goes £1.4bn into red as it announces name change
The owner of directory services Yellow Pages and Yell.com yesterday outlined plans to rebrand itself “hibu” as it swung to a £1.4bn annual loss.
£18m claims now agreed by Leeds United liquidators
Claims by unsecured creditors against Leeds United following the club’s fall into administration amounted to more than £18.5m, liquidators have disclosed.
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.
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.
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.
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.
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.
Economist flying in from US for women’s business forum event
ONE of the world’s best known economists will fly in from New York to attend a Yorkshire event that aims to nurture a new generation of women business leaders.
Human Rights Act could be needed by any of us one day
What’s the biggest development you’ve seen in the legal world during your career?
Regional MP adds voice to calls for simpler dismissal procedures
THE Tory MP for Skipton and Ripon, Julian Smith, is among those behind a call for the relaxation of employment laws for micro businesses so they have the confidence to create jobs.
Waterstones links with Amazon to sell Kindles in stores
WATERSTONES announced a partnership with the internet giant Amazon yesterday in a move that will see it offer Kindle e-reading devices through its shops.
Meadowhall signs new names to cash in on affluent shoppers
MEADOWHALL has signed up a number of new tenants including Urban Outfitters, Carluccio’s, TK Maxx and Beaverbrooks.
Director of liquidated companies speaks out in his defence
A businessman who was a director of nine companies that left more than 300 UK shareholders out of pocket by more than £200,000 has defended his actions.
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.
Property deal key player joins Colliers International
THE man who played a key role in one of Yorkshire’s biggest property deals last year has taken on a new role, it was revealed last night.
Barclays ditches £3.8bn stake in Blackrock
Banking giant Barclays is to sell its £3.8bn stake in investment manager Blackrock as it comes under pressure to improve its return to shareholders.
Training deal to boost UK wind power
A YORKSHIRE-based engineering firm is doing its bit to speed up the growth of Britain’s renewables sector.
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.
Mitie prospers as customers cut back
BIG contract wins with cost-conscious banks, councils and Government departments helped outsourcing giant Mitie to higher annual profits, sales and a record order book.
Pressure set to mount on M&S chief as adverts fail to woo customers
Marks & Spencer boss Marc Bolland is set to come under increased pressure from investors today as the retail chain announces its first fall in annual profits for three years.
Export demand increases hope among manufacturers
MANY Yorkshire manufacturers expect to increase sales and jobs this year on the back of strong demand from countries such as India and China, according to new research.
Irn-Bru gets Barr’s through despite wet weather and a difficult market
The company behind fizzy drink Irn-Bru has defied the downturn with an increase in sales this year.
Member of MPC expects higher inflation
Martin Weale, a member of the Bank of England’s Monetary Policy Committee, has warned that inflation is likely to be higher than expected this year, which could make it harder for the central bank to resume its asset-purchasing programme.
Tokyo conference told government action is needed over eurozone crisis
BANK of England policymaker Adam Posen said on Monday that the euro zone crisis called for governments’ active role to recapitalise and clean up the region’s banking system, saying monetary policy alone would not solve structural problems.
Cranswick turns the corner back into profit
A surge in exports has helped pork supplier Cranswick to turn a first half loss into its second best annual profit.
1 commentMitie profit in line, upbeat as order book swells
OUTSOURCING firm Mitie posted a dip in full-year profit before tax and other items but said it was upbeat about growth prospects in the coming year as governments and businesses seek to cut costs and secure energy supply.
1 commentRyanair unveils record profits
RYANAIR boss Michael O’Leary unveiled record profits for the airline today but admitted it is unlikely there will be a repeat performance this year.
1 commentCranswick’s profit up, while CEO goes
PORK products supplier Cranswick’s full-year profit rose 3 per cent, helped by sales growth and a fall in raw material costs in the second half.
1 commentGreat Xscape as hotdog firm expands
GOURMET hotdog company Primo’s is opening a second branch in Yorkshire.
1 comment£1.6m contract for tanker firm brings promise of new jobs
A TANKER manufacturer in North Yorkshire has won a £1.6m order – the biggest single contract in the firm’s 10-year history.
Toast to success for firm’s grand designs
A PACKAGING design and production company, based in Yorkshire, is seeing its revenues boosted by the luxury drinks market, thanks to business wins with the likes of French champagne house Taittinger.
Rain dampens shoppers’ enthusiasm for high street
SHOPPER numbers across the North and Yorkshire region over a three-month period are down on last year, its performance worse than the UK average, but ranking among the areas with the lowest declines, a report revealed today.
Executives ‘crave pay certainty more than bonuses’
Incentives have become so complex and volatile that they no longer motivate the executives at which they are aimed, according to new research, which questioned the effectiveness of deferred bonuses.
Lenders’ delays making life hard for the housebuyer
Purchasing a home has become more difficult this year with a far tighter lending criteria coupled with rising interest rates.
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Weather for Yorkshire
Wednesday 23 May 2012
Today
Sunny
Temperature: 12 C to 25 C
Wind Speed: 12 mph
Wind direction: North
Tomorrow
Cloudy
Temperature: 10 C to 23 C
Wind Speed: 12 mph
Wind direction: North east
