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Persimmon has reported a fall in turnover and the number of house completions in the first half of the year. But the York housebuilder said market conditions were stabilising and it is in a "strong position" for the remainder of the year. Persimmon said a change in "constrained mortgage lending conditions" would boost activity. READ MORE...
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| Deals |
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Private equity firm Blackstone Group has bought a 40 per cent stake in Tangerine Confectionery, the owner of the Butterkist popcorn and Barratt Sherbet Fountain brands. Tangerine has a base in Pontefract and KPMG in Leeds advised on the deal. Read More...
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Packaging company Robinson has sold its loss-making Chesterfield subsidiary to Sonoco. Robinson Paperboard Packaging was sold for £2.6m. Read More...
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| Property |
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Twenty-nine proposals have gone forward for the final ten enterprise zone slots, the government has revealed. They include three bids from Yorkshire and the Humber. Read More...
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Sheffield-based Hallam Land Management is set to build a new town in Cranbrook, East Devon. Read More...
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| Business |
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Revenue has risen at Huddersfield garden and street furniture manufacturer Marshalls for the year to 30 June 2011. Read More...
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UK Asset Resolution (UKAR) has appointed finance director Phillip McLelland to the boards of Bradford & Bingley and Northern Rock (Asset Management). Read More...
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Alan Somerville has joined Capita Symonds' real estate division as energy director for Scotland and northern England. Read More...
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Growth in the UK's construction industry was broadly flat in June as the slower expansion of new orders led to a weaker rise in activity, according to a survey. Read More...
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