Today's Yorkshire business news from Insider |
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Yorkshire
Thursday 11 March 2021

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Top Story

Morrisons profits hit by £290m Covid-19 costs

Profits have fallen by more than 50 per cent at supermarket giant Morrisons, despite an increase in like-for-like sales, due to £290m of Covid-19-related costs.
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Insider Feature
Feature 1

Ask the expert: The pathway to a Net Zero future

Helen Rylands, director at Deloitte in the North of England, says the pathway to a Net Zero future will be defined by the actions of the many and not the few. In this blog, we look at an area that touches on both the business and the personal journey, with a specific focus on the role that employee benefits can play in accelerating our Net Zero ambitions.
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Deals

Pet care business expands with latest acquisition

A North Yorkshire pet care business has swooped for a 26-strong pet food manufacturer, its second acquisition since its launch last year.
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Next acquires interest in fashion chain

Retail giant Next has agreed the terms of a deal to acquire a 25 per cent indirect interest in a private equity-backed clothing chain.
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Learndirect acquires training providers

Learndirect, backed by Queen's Park Equity, has acquired a pair of training providers operating in the animal welfare and teaching english as a foreign language sectors.
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Oakman Group acquires former Seafood Pub Company sites

The Oakman Group has acquired six former Seafood Pub Company sites in a move which will lead to the restoration of about 150 jobs.
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TalkTalk takeover on the cusp of completing

The proposed takeover of TalkTalk has edged closer to completion.
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Manufacturing M&A activity set to remain strong in 2021 - BDO

The market for M&A activity in the manufacturing sector is set to remain active in 2021, with many deals likely to be driven by a desire to make supply chains more resilient, according to a report from accounting and business advisory firm BDO.
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Insider Feature
Feature 2

Business Matters: Businesses target growth as the cure for their Covid hangover

Tim Cross from Langleys Solicitors, says the past 12 months were uniquely challenging for almost everyone. The mix of the Coronavirus pandemic, Brexit, and a second recession in just over 10 years, has forged a completely new landscape for companies and their leaders to navigate. However, with a lockdown exit plan in place and the start of Spring here, the mood of the region’s businesses is lightening as quickly as the evenings.
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Business

PwC appoints market senior partner for Leeds

PwC has appointed a new market senior partner for its Leeds office.
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Profits down at Marshalls but strong start to 2021 achieved

Listed landscape products group Marshalls has reported a fall in pre-tax profit in its full year results but said trading had started strongly in 2021.
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Hong Kong STEM specialist partners with Nexus

A Hong Kong business has chosen Nexus, the University of Leeds' innovation hub, to support its bid to step up STEM (science, technology, engineering and mathematics) teaching in UK secondary schools.
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Property

Automotive engineering firm investing £4m in new Leeds HQ

An automotive engineering and vehicle safety business is investing £4m in a new Leeds headquarters and workshop with 30 jobs set to be created.
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£5m multi-storey car park opens at Hull’s Fruit Market

A £5m multi-storey car park has opened at the Fruit Market development in Hull.
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New owners for pub and caravan park

A North Yorkshire pub and caravan park has been sold with the new owner planning a major upgrade to the business ahead of the spring and summer season.
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Manufacturing

Turnover tops €3bn at Thornton & Ross parent company

The parent company of West Yorkshire-based pharmaceutical manufacturer Thornton & Ross has reported turnover of €3bn for the first time, boosted by investment in the UK business.
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Premier Modular wins £9.8m hospital contract

East Yorkshire offsite construction specialist Premier Modular has won a £9.8m contract for a new hospital building.
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Advanced engineering firm appoints new chairman

A new chairman has been appointed at advanced engineering business Lontra.
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International buyers willing to pay premium for British-made goods - report

International consumers are prepared to pay a £3.5bn premium for British made products, according to research from Barclays Corporate Banking.
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Other News

NEW 2021 Yorkshire Top 500 Companies Database - Now available to order

NEW 2021 Yorkshire Top 300 SME companies data - preorder today

Member Exclusive News

Engineering company secures Spanish contract

A Wakefield engineering company has won a six-figure contract for a project in Spain.
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Show homes unveiled at South Yorkshire development

Show homes are set to be unveiled at a new residential development in South Yorkshire.
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Services & Guides

Location Leeds City Region 2020

Location Leeds City Region 2020

Your informative guide to how different sectors are performing, what the key strengths are and what property investment opportunities exist.
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Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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