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Top story
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D-Day for Sheffield Wednesday
Sheffield Wednesday faces the prospect of being wound up today in the High Court over an outstanding PAYE balance of £550,000. The club said last week it was in talks with HM Revenue and Customs but when contacted by Insider yesterday both parties said they were attending the hearing.
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Deals
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Fund managers signed up for £90m pot
Yorkshire Forward has signed up the fund managers for its new £90m "Finance Yorkshire" fund for small businesses.
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Business
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Symphony Holdings posts £1.1m loss
Symphony Holdings, the household furniture manufacturer, has reported a pre-tax loss of £1.15m for the year to 31 December 2009. That's down from the £1m profit it made in its previous financial year. A report reads that the South Yorkshire-based company incurred exceptional costs of £2.5m during 2009, which included £900,000 in relation to redundancy costs.
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PwC expects cold comfort Christmas
Economic uncertainty means retailers are likely to take a cautious approach to stock this year. That's according to Randal Casson, head of retail sector group at PricewaterhouseCoopers (PwC) in Yorkshire.
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Four recruits at B&E
Business & Education South Yorkshire (B&E) has appointed four members of staff to expand its services to businesses and schools in the region. The organisation currently works with more than 17,000 young people and 8,000 employers per year.
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Business Link to cut jobs
Business Link Yorkshire will make up to 125 redundancies as it reacts to the £4.4m reduction in its budget for 2009/10. The publicly-funded organisation, which employs approximately 400 people, has been targeted by the coalition government for reform.
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Increased Yorkshire demand for newly qualified lawyers
BCL Legal has identified a rise in demand for newly qualified lawyers from Yorkshire law firms. The Leeds-based recruitment consultancy said the majority of roles were with the top 100 firms.
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Join our business community…
Take advantage of Insider’s Membership package: Insider magazine, events, business guides, exclusive online content and Insider partner offers. Special introductory offer until 30 September 2010.
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Property
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JF Finnegan secures £2m MTL contract
Sheffield-based JF Finnegan has been awarded a £2m contract to undertake refurbishing works at contract manufacturing business MTL Group’s new 300,000 sq ft site in Rotherham. JF Finnegan successfully tendered against other design and build contractors from the region.
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Grade A space take-up increases
Take-up of Grade A space increased in Yorkshire despite a general decline for industrial space across the UK in the second quarter. That’s according to the DTZ Research UK Property Times Industrial market report.
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Green light for 2,500 houses
Proposals to create the first of three new neighbourhoods in Gainsborough have been approved by West Lindsey District Council's planning committee. The plans, subject to approval from the secretary of state, would see an extension to the south of the town to support up to 2,500 new houses.
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