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Yorkshire
Insider News
Wednesday 27 April 2022

LATEST NEWS

 

TOP STORY

Harrogate-headquartered IT managed services provider Redcentric has completed and increased the refinance of its group debt facilities that were due to mature at the end of June. The new £100m facility provides the listed business with additional liquidity to be used for working capital purposes and to fund acquisitions.
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INSIDER FEATURE

We all want sustainable buildings, but when we drill down into how we actually deliver the vision, it can be challenging to see a clear path. Colin Harrop, partner in Sanderson Weatherall’s Building Consultancy team, looks at some of the lessons to learn from the built environment legacy that surrounds us.
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DEALS

Private equity-backed commercial kitchen specialist Airedale Group has acquired a 90-strong counterpart.
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Starling Bank has completed an internal fundraise of £130.5m at a pre-money valuation of more than £2.5bn.
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The boss of National Express has said the business continues to believe its proposed combination with Stagecoach offers superior value creation to the rival offer which has been recommended to Stagecoach shareholders, but added that the firm remains "disciplined in the assessment of our options going forward". Revenues at National Express have bounced back to 2019 levels during the first quarter of its financial year.
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INSIDER FEATURE

Brian Stahelin, managing director at Stafflex, takes an in-depth look at Yorkshire's economic and recruitment activity.
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PROPERTY

A Marrico Helios joint venture has exchanged contracts with US multi-family investor Cortland Group for a major build to rent (BTR) scheme at its £300m Lisbon Street development in Leeds city centre.
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The proposed redevelopment of the former Henderson's Relish factory in Sheffield into a café, restaurant or social space has been given the green light.
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A new chief executive has been appointed at low-cost housebuilder and land promoter MJ Gleeson who will succeed James Thomson as chief executive at the start of next year.
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Yorkshire law firm Lupton Fawcett has promoted a new head of commercial property.
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Housebuilder Avant Homes has completed the purchase of land for a £60m residential development as part of the Skelton Gate regeneration scheme in Leeds.
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Listed housebuilding giant Persimmon has said it is trading in line with expectations as demand for new homes continues to outstrip supply.
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Two applications have been submitted for the former RAF Church Fenton site in North Yorkshire, including detailed plans for a new creative hub featuring new film and TV studios.
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BUSINESS

Energy company and power station operator Drax Group has hailed its "strong system support performance" during the first quarter of its financial year. The business also reiterated its plans to invest £3bn this decade in "vital" renewable energy.
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York-based Continuum Attractions Group has made two board appointments.
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A new director has joined the board of Yorkshire Building Society.
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Doncaster-based digital marketing and web design agency LoudCrowd is aiming to double the size of its workforce by 2024.
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MANUFACTURING

Optimism in the Yorkshire and the Humber manufacturing sector fell in the first quarter of 2022, according to the latest CBI Quarterly Industrial Trends survey, sponsored by Accenture.
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Bradford-based concrete admixture manufacturer Oscrete UK has doubled its laboratory capacity to increase production in order to help with the challenges in the construction industry.
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OTHER NEWS

 

MEMBER NEWS

 

Bradford-based online and catalogue retailer Freemans has signed a six-figure deal to sponsor ITV show Loose Women.
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North Yorkshire online meat retailer Farmison & Co has partnered London-based pie maker Willy's Pies.
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UPCOMING EVENTS

 

SERVICES & GUIDES

 

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