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Unsecured creditors of Brilliant Media Group are unlikely to receive all of the cash they are owed following the collapse of one part of the advertising business. A new report has revealed that a shortfall is expected within that part of the business, Brilliant Media Group Ltd, after the loss of major customers, a tax liability and the threat of reduced credit from suppliers tipped Brilliant into administration. READ MORE...
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| Deals |
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Talks on a proposed merger between law firms Cobbetts and DWF have ended. Both firms have offices in Leeds. Read More...
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Cosalt has confirmed it intends to call a general meeting as chairman David Ross looks to push through his plans to take the business private. Read More...
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Yorkshire's food and drink industry has been warned by Deloitte to take decisive action on its growth plans in 2012 or risk being left behind. Read More...
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A total of 32 bids from towns and cities across the UK are in the running to host the Green Investment Bank, the government has confirmed. They include bids from Sheffield and Leeds. Read More...
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| Property |
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St George's Crypt has secured funding from HSBC to finance the purchase its new charity shop in Armley. Read More...
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Yorkshire Water has said it is raising customer charges to fund a planned £290m investment drive over the next year. Read More...
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| Business |
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Engineering business Redhall Group has entered a commercial agreement with Baumert and said it will pitch for work in the nuclear sector with the French company. Read More...
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Medical instrument designer Surgical Innovations Group has received clearance from the US authorities for a product line. Read More...
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Four former executives and accountants at Sheffield-based Thornton Precision Components have settled charges brought by a US regulator for their roles in an alleged accounting fraud. The US Securities and Exchange Commission said actions between 2005 and 2006 had distorted the financial statements of Thornton's US parent, Symmetry Medical. Read More...
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Newburgh Engineering has secured a contract to produce engine components for Perkins Engines Company. Read More...
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