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Top story
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Seven successful Yorkshire RGF bids
More than 10,000 jobs are set to be created in Yorkshire and the Humber after seven bids for Regional Growth Fund cash from the region were successful. Projects allocated conditional funding included the planned expansion of the Haribo factory near Wakefield and the 'Gateway to the Sheffield City Region' project. The government said it had allocated £450m of the £1.4bn fund to 50 successful applications but almost 50 bids from Yorkshire were unsuccessful.
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Deals
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B2net stake sold in £12m Swedish deal
Swedish business Proact IT Group has acquired 75 per cent of Chesterfield-based data storage business B2net in a £12m deal. Proact said the agreement included an option for it to buy the remaining 25 per cent currently held by B2net management.
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Tapfreight expands with investment
Tapfreight has acquired a fleet of 20 trailers and five heavy goods vehicles in a £750,000 investment backed by Yorkshire Bank. The Barnsley-based business said the investment had been made to help capitalise on growing activity domestically and in Europe.
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Property
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Trilandium acquires sites from Eatonfield
Leeds-based Trilandium has agreed a £9.4m deal to buy residential sites in Wales and Scotland from cash-strapped property developer Eatonfield.
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GVA wins Earth Centre instruction
Earth Centre site owner Kingswood has appointed property consultant GVA as project manager for its multimillion-pound redevelopment of the site near Doncaster.
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DSV relocates to Bradford
DSV Road and DSV Air & Sea, divisions of logistics business DSV, are relocating to offices at Bradford Chamber Business Park. DSV Air & Sea is also opening an air freight export department in the area with two related appointments within the team.
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Business
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Welcome to Yorkshire unveils ad promotions
Welcome to Yorkshire has unveiled a raft of advertising initiatives that aim to bring more visitors to the region this year. The tourism agency’s latest TV advertising campaign broke during Coronation Street last night using the strapline: "So much, so near, so different. Have a brilliant Yorkshire."
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High street in biggest ever sales slump
The UK high street has experienced its biggest sales drop in history, according to the British Retail Consortium (BRC).
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Optimism falls among CFOs
Optimism amid chief financial officers has fallen to its lowest level in two years, according to a survey by Deloitte. But the survey of CFOs found that risk appetite has risen sharply and leverage is coming back into favour.
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