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The management team of collapsed business Carleton Furniture Group has struck a deal with administrators to buy back parts of the company, Insider can reveal. But creditors of the Yorkshire furniture maker – which went bust in August with the loss of 133 jobs – are unlikely to recover their money in full. READ MORE...
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| Deals |
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Tata Steel is investing £4.5m in its South Yorkshire operations in a bid to improve performance. Read More...
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Claims management business Broker Assistance – which included Yorkshire law firm Irwin Mitchell among its shareholders - has gone into administration. But jobs have been saved at the company's motor insurance claims handling arm after a rescue deal was completed. Read More...
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Lawyers from DLA Piper's Sheffield office have advised UGI Corporation on its acquisition of eight European businesses from Royal Dutch Shell. Read More...
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Abbeycrest has revealed a rescheduled payment of £311,400 owed under a lease termination deal is due today. Read More...
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| Business |
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Network Rail's £560m Northern Hub plan, backed by Insider, is "long overdue", according to a high-profile independent report. Read More...
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Sheffield-based Pressure Technologies has issued a profit warning, announcing that results for its year-end will be "substantially lower" than market expectations. Read More...
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Provident Financial has said it is benefiting from a cautious approach to lending and is well positioned as it enters the peak trading period. Read More...
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Vivergo Fuels is countersuing Redhall for costs of £18m linked to a terminated contract, it has said. It comes after Redhall won initial damages of £700,000. Read More...
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A sideways look at the week's weird, wacky and occasionally wonderful stories from across the region. This week: Runaway train; Not in my name. Read More...
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Looking to develop your business? Want to expand your commercial reach? Try a sample of the Complete Set of our Top Companies marketing data lists. Covering 7 different UK regions this database package is incredibly cost effective. Request a free data sample today. Read More...
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| Property |
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Plans to revamp the Merrion Centre in Leeds could create up to 200 jobs if approved, owner Town Centre Securities has told Insider. Read More...
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