Markets

Markets

Rate increase could destroy almost 80,000 businesses, expert warns

Interest rate increase could crush almost 80,000 businesses, a Yorkshire-based insolvency expert has warned.

Business
Ecuphar is led by founder and CEO Chris Cardon

Animalcare expands into Europe with transformational deal

Pet drugs firm ​Animalcare ​is to ​expand​ ​into Europe with ​a ​“truly transformational” takeover of ​a Belgian firm that will give it sales operations in seven countries.

News
An EU flag flies in front of the Houses of Parliament in Westminster, London Photo:  Victoria Jones/PA Wire

Brexit remains divisive, says survey of Yorkshire’s SMEs

YORKSHIRE’s small and medium-sized enterprises (SMEs) have mixed opinions about the prospects for their business after Britain leaves the European Union, according to a new study.

Markets 2
Governor of the Bank of England, Mark Carney  Photo: Frank Augstein/PA Wire

Time is not right for interest rate rise, says Carney

Now is not the time for an interest rate hike while wages continue to stagnate and the impact of Brexit on the economy is unclear, Bank of England Governor Mark Carney has said.

Markets 1
The price of the average house in Yorkshire has increased by more than 7,000 to 155,357 in the last year, according to an official index.

Yorkshire house prices on the rise - but not as fast as the national average

The price of the average house in Yorkshire has increased by more than £7,000 to £155,357 in the last year, according to an official index.
Analysis 1
Garry Wilson of Endless.

Book People snaps up Qwerkity to reach new market

A BOOK retailer which is owned by a Yorkshire-based private equity firm has secured an acquisition to help it expand into a new market.

Business
Carolyn Fairbairn, CBI director-general, said transition arrangements and guaranteeing EU citizens rights should be early priorities

Region’s PLCs feel the pain of May’s gamble

Yorkshire’s biggest companies have paid the price of Theresa May’s humiliating General Election performance with six out of the region’s top 10 PLCs losing value on Friday.

News
CBI Director-General Carolyn Fairbairn at the CBI offices in London. Photo: Anthony Devlin/PA Wire

‘Politicians must get their house in order and form a Government’

Business leaders have called on politicians to reassure the markets and protect the economy.

Markets
WYG's CEO Paul Hamer said he is confident that the project delays have been sorted out

WYG is confident of defying election upheaval

Global project management consultancy WYG said the snap General Election has temporarily delayed some project awards, but it is confident it can withstand any political upheaval.

News
YP Letters: Cut foreign aid and look after our own

YP Letters: Cut foreign aid and look after our own

From: Rodney Mills, Kirky Road, Ripon.

Opinion 2
34 IPOs have raised 2.8bn in 2017 on London Stock Exchange

London still the main player in financial world

As we approach the first anniversary of the Brexit vote, there will be changes ahead. But the UK’s fundamental strengths mean we are well positioned to continue to finance global growth and deliver for the real economy.

News
Theresa May is hoping to increase the Tory majority after the General Election

Brexit hits UK mergers

Uncertainty caused by t​he Brexit referendum has resulted in a significant drop in UK mergers and acquisitions, according to researchers at the University of East Anglia.

News
WYGs CEO Paul Hamer said the contract wins are testament to the range and quality of the group's technical expertise

WYG wins multi-million pound contracts

Global project management consultancy WYG has won two major new framework contracts with UK Government agencies and a significant new contract in Africa, which could be worth £50m to WYG over the next three years.

News
Joe Garner, Nationwide's chief executive

Nationwide sees annual profits tumble

Nationwide Building Society has seen its annual profits tumble by nearly a quarter after it moved to protect savers from rock-bottom interest rates.

Markets
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Record number of CCJs in the first quarter of this year

January to March this year has seen record numbers of County Court Judgements (CCJs) being awarded against individuals, a 35% rise compared to the same period last year.

Markets
Theresa May called for a snap election to take place on June 8

Directors face "snap election" every year - QCA

A snap General Election is looming. We can have an educated guess at the outcome (even the pollsters may get this one right) and then we have the prospect of a strong and stable government for the next five years whilst we face Brexit.

News
The heat is on British Gas over its customer service.

YP Letters: An irritating encounter with British Gas

From: Mr SB Oliver, Churchill Grove, Heckmondwike.

Opinion 2
President Trump has increased worldwide unpredictability

From Brexit to Trump, the most unpredictable era in history

More than 80 per cent of Yorkshire millionaires believe we are living through the most unpredictable age in history after a rollercoaster year that has included the Brexit vote, the election of US President Trump, a shock French presidential winner and rising tensions over North Korea.

News 1
David Duffy

Lender CYBG reports higher first half profit

CYBG Plc, the owner of Yorkshire Bank, has posted a 15 per cent rise in first-half underlying profit.

Markets
The cost of running a home is on the rise, again.

Yorkshire households face more financial pressures as cost of living jumps again

Households are facing a further jump in inflation as the Brexit-hit pound, utility price hikes and the timing of the Easter holidays drive up the cost of living.

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