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Top story
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Yorkshire Building Society moves in on N&P
Yorkshire Building Society is closing in on merging with rival Norwich and Peterborough Building Society. The Bradford-based lender has said talks are taking place with the smaller East of England society about a merger, subject to the completion of due diligence.
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Deals
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Lending falls while businesses pay back debt
Lending to businesses fell in January, according to data from the Bank of England. Net monthly lending dropped by £1.2bn and lending over three months fell by 1.1 per cent in January.
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Buyers sought for food producers' show
Buyers are being urged to flock to a food producers' event at York Racecourse. Event organiser deliciouslyorkshire hopes the county's producers will use it to clinch deals for expanding product lines and building new contacts.
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Business
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Osborne must slash red tape now - Yorks FSB chairman
The Chancellor must use this week's Budget to remove "burdens" which are holding back Yorkshire's small businesses. Gordon Millward, the Federation of Small Businesses' (FSB) chairman for South and East Yorkshire, shared his views to Insider after business secretary Vince Cable promised to review almost 22,000 business regulations at the FSB conference in Liverpool.
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High-speed rail will "completely reshape" Yorkshire economy
High-speed rail presents a "once-in-a-lifetime opportunity" to "completely reshape the economic map of Yorkshire". That was the message from transport secretary Philip Hammond who used a meeting with business leaders in Sheffield to passionately promote his plans which he says will cut travel times from Leeds to London by one hour.
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Thousands of millionaires in Yorkshire
The number of millionaires in Yorkshire will grow one-third by 2020, according to new statistics. Barclays Wealth, which carried out the survey, said the region currently boasts 44,000 millionaires - and this has shot up by 16 per cent in the past two years.
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ITM wins $30,000 Detroit contract
Sheffield-based ITM Power has won a $30,000 (£18,500) contract with the NextEnergy Center of Detroit in the US. The energy storage and clean fuel business is to provide analysis for the potential of small hydrogen fuelling cars in European and Asian markets.
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Clegg calls on manufacturing to boost UK
Deputy Prime Minister Nick Clegg has called on the manufacturing industry to play a main role in rebalancing the UK economy. Speaking at the Global Manufacturing Festival in Sheffield, he said manufacturing is "absolutely central" to driving growth.
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Property
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Celebrity chef unveils restaurant date
Celebrity chef James Martin has announced the official opening date for his new restaurant in Leeds. The Leeds Kitchen is situated at the Alea Casino in Clarence Dock.
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Mortgage lending is “stuck in a rut” says CML
Mortgage lending is “stuck in a rut” according to the Council of Mortgage Lenders (CML). A survey by the council said that lending in February was an estimated £9.5bn, which is almost identical to January’s gross lending figure of £9.48bn. The figure is only marginally higher than the £9.42bn recorded in February 2010.
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