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Top story
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Parties focus on business ahead of election
Business is at the forefront of the agenda for both the incumbent Liberal Democrats and Labour opposition ahead of the Sheffield City Council elections in May. Council leader Paul Scriven told Insider it would be “an absolute disaster” if the council failed to back business, while Labour leader Julie Dore highlighted apprenticeships as an important initiative if her party seizes power.
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Deals
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£750m raised by Yorkshire Building Society
Yorkshire Building Society has raised £750m by selling covered sterling bonds. Tanya Jackson, the society's corporate affairs manager, told Insider this morning that the bond issue was "so popular with investors it was oversubscribed" and the funds will help finance its activities in the mortgage market.
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Mid-market M&As fall below 2010 in number but not in value
The number of mergers and acquisitions (M&A) involving British mid-market targets is below the level of a year ago. But average deal values have remained high, according to research carried out by Grant Thornton.
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Business
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Rolls-Royce targets South Yorkshire
Manufacturing giant Rolls-Royce has launched a public consultation about basing two factories in South Yorkshire. The move would create hundreds of jobs. The decision to look at the Advanced Manufacturing Park on the Sheffield/Rotherham border has been made two years after the business announced plans to invest £300m in four factories in the UK.
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Chesterfield BioGas extends Greenlane contract
Chesterfield BioGas has extended its five-year exclusivity agreement to manufacture and sell Greenlane biogas upgrade equipment in the UK and Ireland.
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We live in 'worrying' times - BCC survey
The UK economic picture is "worrying" and the country is facing a fragile economic recovery. These findings were recorded despite a recent return to positive growth in the British Chambers of Commerce’s (BCC) 'Quarterly Economic Survey' that questioned 6,000 businesses from across the UK.
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Recruitment agency hires for itself
Sheffield recruitment agency Forde Education has appointed Debbie Slater as head of its specialist education division.
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Promote your business - Top 500 Companies
Looking to source the biggest clients in Yorkshire? Insider’s Yorkshire Top 500 Companies 2011 database is our comprehensive business marketing list, providing you with contacts for the region’s biggest companies. Order today or request a free sample.
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Property
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DLA advises on £60m acquisition
Lawyers from DLA Piper's Sheffield office have advised on the £60m acquisition of the former BBC Costume Store in West London.
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DTZ hails record performance
DTZ’s industrial and logistics team in Yorkshire has reported a record-breaking deal performance during the last nine months. More than two million sq ft has been transacted by the team, including the deals involving four buildings totalling 76,000 sq ft on Provincial Park and Thorncliffe Business Park in Sheffield to Pickfords, Meridian Metals, Blowplast and Premier Hytemp.
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