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Top story
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Sheffield to entice developers with bonus
A completion bonus is to be offered by Sheffield City Council to encourage property development in the city, Insider has learnt. Exemptions to infrastructure contributions will be made available as the authority looks to stimulate development activity in the city centre. For certain projects contributions will be scrapped entirely.
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Deals
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TWL raises cash to pay missing lottery wins
Doncaster-based The Weather Lottery has raised £169,250 through a placing. The business said the cash will be used to settle £80,000 due to lottery winners.
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Elliott Group in Speedy £35m deal
Elliott Group has acquired Speedy Hire's loss-making accommodation hire business in a deal worth £34.9m. A subsidiary of Algeco Scotsman, Elliott Group has operations across Yorkshire.
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Screen 4 LLP secures £50,000
Drug testing company Screen 4 LLP has secured a £50,000 loan from Finance Yorkshire. The Barnsley company, which tests individuals such as airline workers for drug use, will use the money to venture into the UK healthcare market, drug rehabilitation and prison sectors.
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Van Mildert heads for Hull
North East fashion retailer Van Mildert has expanded its footprint in Yorkshire by opening a new boutique in Hull. The retailer company has invested more than £300,000 in the 6,000 sq ft retail space in Hull’s Princes Quay Shopping Centre, creating ten new jobs.
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Property
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MPSE acquires Navigation Park unit
Mitsubishi Power Systems Europe has acquired a 35,035 sq ft unit at Navigation Park in Hunslet for its expanded service and parts facility. The company was advised on the acquisition by Leeds-based industrial property consultancy Gent Visick.
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Two new tenants at Minerva House
CB Richard Ellis has secured two tenants for Minerva House in Leeds with an additional floor of the 58,000 sq ft office building under offer. Recruitment consultancy Blackrock Executive and card payment business Iliad Solutions have agreed five-year leases.
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Business
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Thirteen Yorkshire entrepreneurs shortlisted by EY
Thirteen business leaders from Yorkshire have been shortlisted as regional finalists in the Ernst & Young Entrepreneur of the Year Awards 2011.
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Optare on board with Manchester Airport
Leeds bus manufacturer Optare has won its second multimillion-pound contract this month.
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Engage ends Super League link-up
Harrogate-based Engage Mutual Assurance is to end its seven-year partnership with rugby league’s Super League competition. The mutual said it will not be renewing its title sponsorship after the end of this season.
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The Top 500 Companies marketing database
Looking to source the biggest clients in Yorkshire? Insider’s brand new Yorkshire Top 500 Companies 2011 database is our comprehensive business marketing list, providing you with contacts for the region’s biggest companies. Order now or request a free sample.
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Community
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In Focus: Talking shop
The rise of networking groups in Yorkshire has filled the personal touch void left by the emergence of technology and LEPs should take note, says Richard Abbott.
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Talking Point: Employment tribunals
Matthew Brain, partner - employment, Irwin Mitchell LLP, is the next guest blogger in this week's Talking Point. He advises employers to be wary of recent legislative changes regarding employment tribunals.
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