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Top story
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Irwin Mitchell partner slams CFA overhaul
The head of personal injury at national law firm Irwin Mitchell has reacted sharply to the government's proposed reform of the "no win no fee" system describing it as "a bleak day for access to justice". Sheffield-based partner Andrew Tucker said the changes would deter legitimate claimants and added that the seriously injured would be worst hit.
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Deals
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Lyceum backs £50m Access MBO
Lyceum Capital has backed a £50m management buyout of software company Access UK, which has a base in Sheffield. The deal involves Lyceum investing alongside Access’ existing management led by CEO Chris Bayne. The investment is intended to fund an expansion strategy focused on rapid organic growth and the acquisition of complementary businesses.
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Leisure business eyes expansion after deal
Sheffield-headquartered residential and holiday lodge resort Roydon Marina Village has completed its marina and village extension work. The project was backed by funding from HSBC.
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Business
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Profits jump at Fusion IP
Fusion IP has posted a 42 per cent rise in profit to £1.22m for the six months to 31 January 2011. The Sheffield business increased revenue by 15 per cent to £2.09m.
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S Yorks business welcomes Budget - Grant Thornton
Businesses across South Yorkshire have overwhelmingly welcomed the latest Budget, according to Grant Thornton in Sheffield.
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Successful month for Powerstar business
Voltage optimisation technology business EMSc (UK) has said demand for its Powerstar product is growing after it won all the contracts it tendered for in February 2011.
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Economy contracted less than expected
The UK’s economic growth contracted by 0.5 per cent in the last quarter of 2010. This has been revised from a fall of 0.6 per cent, the Office for National Statistics (ONS) said.
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Sheffield chosen for first Revolucion de Cuba
Vodka bar Revolution is creating 35 jobs after choosing Sheffield to open its first dedicated rum club bar concept in the UK – Revolucion de Cuba.
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Solicitor joins CRA Consulting
Sheffield legal and financial recruitment agency CRA Consulting has recruited qualified solicitor Clare Holsgrove as a legal recruitment consultant.
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