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Insider News - Yorkshire Edition
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Top story

Revenue is cracking down on football - Krasner

HMRC is cracking down on football after losing out when clubs go into administration. That's according to Gerald Krasner, the Begbies Traynor partner and former chairman of Leeds United, who was speaking to Insider after Sheffield Wednesday was presented with its second winding up petition in recent months for an outstanding PAYE balance of £600,000.

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Deals

Mount notes added value of Cooper bid

Cooper Controls has announced it intends to make an £19.2m offer for York-based Mount Engineering. However, Mount must wait for five days before it can make a formal recommendation.

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Luxury car specialists team up

Bridford Financial Solutions has entered a partnership with Nowell & Richards Insurance Services to provide a one-stop shop for customers buying and insuring luxury vehicles. Earlier this month, Ilkley-based Bridford said it was on course to arrange more than £25m worth of finance for the year.

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Business

Chamber condemns Humber toll rise bid

Hull & Humber Chamber of Commerce has criticised the Humber Bridge board's application to increase tolls from April 2011, a move the chamber said would be very damaging for the region's economy. In anticipation of objections, the government has ordered an immediate public inquiry into the issue.

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Abbeycrest recruits new FD

Leeds-based jewellery designer and manufacturer Abbeycrest has appointed Simon Lazenby as group finance director with immediate effect. Lazenby joins Abbeycrest from The Christy Group where he had acted as finance director since May 2009.

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Value key to United Carpets future

United Carpets Group has reported challenging trading before and after the general election with like-for-like sales down 5.5 per cent. However, the Rotherham-based business told shareholders at yesterday's AGM it was well-positioned to defend its market share by offering "exceptional value for money".

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Ward Hadaway recruits new corporate finance lawyer

Ward Hadaway has recruited banking and finance partner Nick Bell to its corporate finance practice in Leeds. Bell joins after 12 years at Pinsent Masons in Leeds, where he was a senior associate in the banking team.

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Barclays Corporate makes South Yorkshire appointment

Barclays Corporate has appointed Nigel Barker as a relationship director for the South Yorkshire area. Barker will be responsible for larger corporate clients with a turnover in excess of £5m.

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Business Tourism

Visit York to unveil tourism growth plans

Visit York will unveil plans to grow the city's future visitor economy at its AGM on 14 October. The tourism body will also highlight some key achievements from the past year, which featured multi-million pound investments across the city and the opening of the Cedar Court Grand, York's first five-star hotel.

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Conference Leeds hails Bradford buyers visit

Conference Leeds has hailed a familiarisation visit in Bradford for 22 buyers from the UK events industry as a success. The trip was designed to raise the profile of Bradford as a conference centre with venues including the National Media Museum, the University of Bradford, the Abundant Life Conference Centre and the Alhambra Theatre.

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Property

Hat-trick of deals fills Kings House

The Grade II-listed Kings House in Leeds city centre is fully let after a hat-trick of deals was secured by CB Richard Ellis in Leeds. The building, which comprises 15,200 sq ft of office accommodation over six floors, is currently undergoing a refurbishment programme.

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Community

In focus: Date with destiny

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With all eyes on the Comprehensive Spending Review, Jim Pendrill ponders another important date for the diary: the soon to be decided fate and shape of prospective LEPs.

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Advice
Property of the week

Reinvesting the proceeds of the sale

Selling your business expert

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How do you reinvest the proceeds from the sale of your business? Carl Ward, head of Leeds, private wealth management at Kleinwort Benson, is our latest expert on hand to answer your queries.

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