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Top story
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TV is attracting kids to business – Apprentice star
Shows such as The Apprentice and Dragons’ Den are attracting increasing numbers of students and young people to a career in business. That’s according to The Apprentice finalist Claire Young who is supporting Umph! - a competition aimed at budding entrepreneurs, set to be piloted in Yorkshire. Young, who told Insider her straight-talking Yorkshire approach has helped drive her successful career, has set up www.schoolspeakers.co.uk which brings inspirational speakers into schools.
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Deals
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LCR eyes second round of RGF
Leeds City Region Local Enterprise Partnership is looking ahead to the next round of the Regional Growth Fund after four bids from the region secured funding from the £1.4bn pot in round one. Chairman Neil McLean said the LEP was well-placed to support programmes that would drive growth.
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3i to invest in GO Outdoors
John Lovering has stepped down as chairman of GO Outdoors as reports suggest the Sheffield-based outdoors retailer is on the verge of agreeing a deal with 3i valuing the company at £100m.
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UK private equity deal volumes double, find KPMG
The number of high value private equity deals in the UK has doubled in the first three months of 2011, according to the latest management buyout (MBO) research from KPMG.
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Hallmark adds to portfolio
Hallmark Hotels has acquired Croydon-based Aerodrome Hotel in a deal backed by Palatine Private Equity. Palatine, formerly known as Zeus Private Equity, established Leeds-based Hallmark Hotels Group in October 2007 with the aim of acquiring underperforming three-star hotels and converting them into four-star luxury hotels.
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Government looks to ‘programme bids’
Businesses and organisations will be encouraged to submit ‘programme bids’ to the second round of the £1.4bn Regional Growth Fund, the chief secretary to the Treasury has told Insider.
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Property
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Property giants team up
CB Richard Ellis (CBRE) and Countrywide have entered an agreement to combine resources for the commercial and residential property markets. Countrywide has a large Yorkshire presence and CBRE said it would strengthen its position in residential markets in the region.
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Business
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Clarion appointed as ACF adviser
Leeds-based law firm Clarion has been appointed as legal adviser to the Associated Cared Facilities, a consortium of private care home specialists in the north.
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DLA climbs graduate employer list
DLA Piper, the law firm with offices in Sheffield and Leeds, has been awarded 64th place in this year's Times Top 100 Graduate Employers rankings, climbing 20 places. DLA is one of only ten law firms to feature in the listing and the only one outside of London.
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UK inflation falls
The annual rate of inflation has fallen to 4 per cent, down from 4.4 per cent in February, using the Consumer Prices Index (CPI) measure.
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