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Top story
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Expanded Marketing Leeds set to open in April
An expanded version of Marketing Leeds, which will direct city marketing and inward investment, could open for business by April. Council chiefs are to join together the services provided by a number of different organisations, including public/private companies Marketing Leeds and Financial Leeds, under the new body.
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Deals
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Michelin-starred Yorke Arms to expand
The Yorke Arms in Ramsgill is expanding after securing £500,000 from NatWest. The business, which operates a restaurant and hotel, intends to build four new suites to add to its existing 12 rooms and fine dining restaurant.
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THMA wants RGF cash to promote green "super-cluster"
Team Humber Marine Alliance hopes it can bag £1.8m of Regional Growth Fund cash to promote the Humber region as the green industry's "super-cluster". Director Mark O'Reilly told Insider the alliance's bid ticked all the boxes required to access the fund and said the money would also be used to alert its members to opportunities in the sector.
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Siemens gears up with Leeds investment
Siemens has invested an initial £1.2m in transferring its mechanical drives business to new premises on Navigation Park in Leeds.
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Business
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Underlying profits up at Town Centre Securities
Town Centre Securities (TCS) has reported underlying pre-tax profit for the six months to 31 December of £4.4m. This is up from the £2.5m posted the previous year.
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Cricket Hill hit with £70,000 fine
Barnsley-based Cricket Hill Financial Planning has been hit with a £70,000 fine by the Financial Services Authority for failing to check the suitability of pension switching advice it gave to customers.
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EDP has "modest growth in revenues"
Sheffield-based computer services company Electronic Data Processing said there is a "degree of caution" in the marketplace and the business experienced a "modest growth in revenues" during the second half of the last financial year. The business said it generated a profit of approximately £330,000 of its head office in Sheffield in October for £2.3m.
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"Strong" performance at slimmed down Animalcare
Animalcare, the supplier of pharmaceutical products and services to the veterinary industry, has said disposals made during its first half have enabled the company to focus entirely on its core services.
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Unemployment likely to rise as cuts kick in – Grant Thornton
Further job losses in Yorkshire are likely, according to business consultancy Grant Thornton, as reduced consumer spending and government cuts take effect.
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Property
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Birley Wood tees off with SIV investment
Sheffield International Venues is investing £50,000 into Birley Wood Golf Course after receiving planning permission for work at the club.
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Knight Frank to market Millshaw Park
The Leeds office of property consultancy Knight Frank has been appointed to market the 480,000 sq ft Millshaw Park Industrial Estate by joint venture partners Evans Property Group and Land Securities Group.
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