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Search News : 19th November 2014 - 26th November 2014

People & Jobs

 - 

Job Gains / Losses

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
20 Nov 2014750,000 Investment - New International Contracts - 40 Jobs CreatedUnipart Rail has created 40 jobs after investing 750,000 to expand its facilities in Doncaster, South Yorkshire, and take on new contracts from major customers in Europe and Japan, including Siemens and Hitachi. The expansion was supported with 112,500 of funding from the Sheffield City Region Local Enterprise Partnership.
Unipart Rail Limited
196m7m8253
19 Nov 201455m Investment - New 200mph Service - Potential New JobsEurostar is investing 55m on new 200mph trains. The company is planning to launch new services with significantly reduced journey times to France and the Netherlands, in late 2015. The investment is expected to create employment opportunities.
Eurostar International Limited
882m54m1,6244
20 Nov 2014500,000 Investment in Machinery - Bank Funding Secured - Recruitment PlansRadshape Sheet Metal, a Birmingham manufacturer of precision sheet metal parts, has invested in new machinery and diversified into new sectors, after securing 500,000 funding from Lloyds Bank. Radshape has an annual turnover of 4m and employs 70 people. It plans to recruit additional staff to support growth.
Radshape Sheet Metal Limited
1
9019 Nov 20144.2m expansion - 90 New Jobs - 2m Public FundingKK Fine Foods, which makes frozen ready meals for pubs and wholesalers, is to create 90 jobs in Flintshire with a 4.2m food factory expansion. The expansion is due to growing demand from supermarkets for supplies of frozen Christmas meals. The investment includes nearly 2m public funding in grants and loans from the Welsh government and Finance Wales. Chief executive and founder Leyla Edwards
K K Fine Foods Plc
18m0.6m1901
24 Nov 201429m Investment Planned - Major Retail Development - Potential New JobsThe Crown Estate is planning to invest 29m in the redevelopment of the Silverlink Shopping Centre in Newcastle. The company plans to replace a former Travelodge with 102,000 sq ft of new retail accommodation. The development would create employment opportunities.
The Crown Estate
1
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People & Jobs

 - 

Management Moves

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
126 Nov 2014Senior Managment Changes - Third Chief Executive Leaves Company - 314.7m TurnoverPayday lender Wonga has lost its third Chief Executive in a year. Tim Weller, who took over as Interim Chief Executive in May 2014, left the role in October 2014. Wonga's Chairman, Andy Haste is talking a more active role in leading the business. Wonga has a turnover of 314.7m and 550 employees.
Wonga Group Limited
315m40m5502
126 Nov 2014Senior Managment Appointment - New HR DirectorFinancial services provider Nationwide Building Society, which is headquartered in Swindon, Wiltshire, has appointed Ann Brown as HR director. Ms Brown was previously UK Senior Vice President for HR at global consulting, technology and outsourcing firm Capgemini.
Nationwide Building Society
680
126 Nov 2014Senior Management Changes - New Chief Executive AppointedThe Queen Elizabeth Hospital King's Lynn NHS Foundation Trust has appointed Dorothy Hosein as Chief Executive, with immediate effect. Ms Hosein, who has spent the last 3 months as interim Chief Operating Officer, takes over from interim CEO Manjit Obhrai at the Norfolk-based trust.
Queen Elizabeth Hospital King's Lynn NHS Foundation Trust
1
124 Nov 2014Senior Management Change - New Chief ExecutiveAberdeenshire Council has been named Jim Savege as its new Chief Executive with effect from February 2014. Mr Savege, who is currently Corporate Director For Environment And Community Services at Cumbria County Council, will replace Colin Mackenzie who is retiring.
Aberdeenshire Council
1
124 Nov 2014Redundancies - Chief Executive Departs - Cost ReductionsGlasgow-based Rangers football club has made 10 employees redundant with more expected to follow as part of on-going cost-cutting measures. Most of the redundancies affect administrative staff. The club's Chief Executive, Graham Wallace, left in October 2014 as part of the cost reduction strategy.
Rangers International Football Club Plc
19m-14.4m1961
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People & Jobs

 - 

Outsourcing

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
25 Nov 20145m Contract Extension Secured - 100 Jobs Secured - Expansion in Education SectorOutsourcing company Mitie has secured a 5m extension to its contract to provide integrated facilities management to two Durham University campuses. A team of 100 people will deliver services such as cleaning and total security management. The contract award builds on Mitie's expertise in the education sector.
MITIE Group Plc
2,221m83m72,24891
19 Nov 2014Uk Manufacturing to Cease - Outsoucing - Investment in Distribution Facility - 300 Job LossesWest Yorkshire-based greetings card company UK Greetings will stop manufacturing in the UK by April 2015 and outsource production to North America and East Asia. The company has also made a significant investment and recently acquired a 19,000sqm warehouse and distribution facility in Bretton Park, Dewsbury, which means all of the company?s warehouse and distribution operations will now be consolidated into two Dewsbury based sites
Uk Greetings Limited
159m-7.2m3,8212
24 Nov 2014Moving IT to South Africa - Computacenter Outsourcing Contract - Operational GainsHouse builder Crest Nicholson is moving most of its IT services to South Africa as part of an IT services contract with Computacenter, in order to secure cost savings and gain increased flexibility to meet changing business demands. Surrey-headquartered Crest Nicholson has turnover of 525.7m and 600 employees.
Crest Nicholson PLC
526m61m6177
24 Nov 2014Management Restructuring - Finance Director To LeaveQuindell, the legal, insurance and telecoms outsourcing group, is restructuring its management following a controversial share deal. Chairman, Robert Terry, will leave with immediate effect but will be retained as a consultant. Laurence Moorse, finance director, will step down in 2015. David Currie will become non-executive interim chairman.
Quindell Plc
380m109m2,4121
26 Nov 2014IT Outsourcing Contract Renewed - 12m Extension - Employment for 150 StaffWoking, Surrey-headquartered Capgemini has secured a 12 million extension to its contract with EDF Energy. Capgemini will continue to provide service desk, procurement and managed desktop services to the EDF Energy until the end of 2015. A total of 150 Capgemini employees will work on the contract.
Capgemini UK PLC
1,636m77m8,16915
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Headquarters & Premises

 - 

Office Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
26 Nov 20146m Office Sale - Investment Plans - New Mixed-use DevelopmentGMI Developments has sold its 52,494 sq ft office scheme in Shipley, West Yorkshire, to an un-named overseas investor for 5.95m. The company will retain ownership of an adjoining site and is drawing up proposals to turn the site into a significant mixed use development.
GMI Developments Limited
5m-0.2m21
120 Nov 2014US Company Expands Rapidly - Opens London Premises - Creates JobsNew York, US-based LiveIntent, an email marketing specialist, has opened its first international operation, with new premises in London, creating employment opportunities. The company has grown 20,900% in three years and is one of the fastest growing firms in New York.
LiveIntent Limited
1
124 Nov 2014Relocating European Headquarters - 3m Turnover Expected - Potential New JobsShandong Yonghe Precision Metal Co is to move its European headquarters from Tamworth, Staffordshire to a new office and warehouse facility in Burton-on-Trent following two years of substantial growth. Annual turnover is expected to reach 3m in 2015. New jobs are expected as a result of business growth.
Yonghe Precise Metals Europe Ltd
1
124 Nov 2014Office Expansion - Potential New Jobs - 190m TurnoverMacmillan Cancer Support has taken a further 5,800 sq ft of space at The Waterfront office complex in Shipley, West Yorkshire, increasing its total occupation to 45% of the building. It is anticipated that new jobs could be created as a result of the expansion. The charity has a turnover of 189.7m.
Macmillan Cancer Relief
190m1,2281
124 Nov 2014New 8m Headquarters - Consolidating 7 Sites - 200,000 Cost SavingsHumberside Police is consolidating a number of departments at seven different sites into a new 8m base in Melton. The new building, which will save the force 200,000 a year, is expected to be fully operational after Christmas 2014.
Humberside Police
3
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Headquarters & Premises

 - 

Industrial Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
20 Nov 2014750,000 Investment - New International Contracts - 40 Jobs CreatedUnipart Rail has created 40 jobs after investing 750,000 to expand its facilities in Doncaster, South Yorkshire, and take on new contracts from major customers in Europe and Japan, including Siemens and Hitachi. The expansion was supported with 112,500 of funding from the Sheffield City Region Local Enterprise Partnership.
Unipart Rail Limited
196m7m8253
20 Nov 2014500,000 Investment in Machinery - Bank Funding Secured - Recruitment PlansRadshape Sheet Metal, a Birmingham manufacturer of precision sheet metal parts, has invested in new machinery and diversified into new sectors, after securing 500,000 funding from Lloyds Bank. Radshape has an annual turnover of 4m and employs 70 people. It plans to recruit additional staff to support growth.
Radshape Sheet Metal Limited
1
20 Nov 20141.3m Investment - Production Capacity Doubled - New Jobs Created - 125,000 Funding SecuredChemical firm Nippon Gohsei is expanding its manufacturing site and creating new jobs in Hull. The company has invested 1.3m into the site, after securing 125,000 funding from Humber Local Enterprise Partnership. The investment will create 5 jobs and will double existing production capacity.
Nippon Gohsei Uk Ltd.
93m17m1021
120 Nov 20141.1m Grant Secured - New Manufacturing Premises - Creating 80 JobsHyspec, an oil and gas engineering firm, intends to create 84 new jobs over a five-year period, as part of a multimillion-pound expansion. After securing a 1.1m government grant, the company is relocating to new premises in Kilmarnock, Scotland and aims to increase revenue by 100%.
Hyspec Engineering Holdings Limited
12m0.5m1271
19 Nov 2014Restructuring European Paper Business - 130 UK Jobs at Risk - Reducing Production CapacityPaper manaufacturer UPM is closing a newsprint machine at ts paper mill in Shotton, Flintshire, putting 130 jobs at risk from a workforce of 370. Similar closures are also planned in France and Finland. The restructuring is due to overcapacity in UPM's European paper business. The company has a turnover of 421m.
UPM-Kymmene (UK) Limited
421m-5.8m9516
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Headquarters & Premises

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Retail Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
19 Nov 20144.2m expansion - 90 New Jobs - 2m Public FundingKK Fine Foods, which makes frozen ready meals for pubs and wholesalers, is to create 90 jobs in Flintshire with a 4.2m food factory expansion. The expansion is due to growing demand from supermarkets for supplies of frozen Christmas meals. The investment includes nearly 2m public funding in grants and loans from the Welsh government and Finance Wales. Chief executive and founder Leyla Edwards
K K Fine Foods Plc
18m0.6m1901
24 Nov 201429m Investment Planned - Major Retail Development - Potential New JobsThe Crown Estate is planning to invest 29m in the redevelopment of the Silverlink Shopping Centre in Newcastle. The company plans to replace a former Travelodge with 102,000 sq ft of new retail accommodation. The development would create employment opportunities.
The Crown Estate
1
119 Nov 2014200m Investment - 5,000 New Jobs Expected - Braehead Shopping Centre ExpansionIntu is planning a 200m extension at Braehead Shopping Centre in Glasgow. Around 5,000 posts will be created by the expansion, which will include a sports arena, hotel, department store, shops, cafes and restaurants.
Intu Properties PLC
533m450m1,2801
124 Nov 2014UK Expansion - 3,500 sq ft Store Opening - New JobsAs part of its expansion across the UK, Homestyle Operations is opening a 3,500sq ft Cargo homewares store in Tamworth, West Midlands, creating 6 jobs. Cargo, which is part of the Steinhoff group, has more than 40 stores across southern England, with new ones recently opening in the Midlands.
Homestyle Operations Limited
449m14m2,62311
20 Nov 2014Rapid Growth - Sales Exceed 100m - Opening Stores in UK and Poland - Creating JobsMountain Warehouse?s sales have exceeded 100m, helped by a rapid store-opening programme which has created 200 jobs. Profits have increased from 1.9m to 3.2m. The fast-growing outdoor retailer is targeting a UK branch network of 200 by Christmas 2014 and is also expanding overseas, with new branches in Poland.
Mountain Warehouse Limited
89m9m1,21528
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Headquarters & Premises

 - 

Educational Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
19 Nov 201412m Contract Secured - College Campus Development - New Jobs ExpectedBam Construction has secured a 12m contract to create a new campus for North Somerset Enterprise and Technology College near Weston-super-Mare. Building work is expected to start in spring 2015. New jobs are expected as a result of the investment.
Bam Construct UK Limited
840m9m2,2335
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Headquarters & Premises

 - 

Public Service Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
19 Nov 20147.2m regeneration contract - Phased Development - Completion 2016Construction services group ISG has won a 7.2million contract to build a mixed residential and retail development in Watford for affordable housing provider Home Group. The project is being phased to enable early occupation of the 3,800 sq ft ground floor commercial accommodation, which ISG will hand over as a shell and core unit. The full residential development is scheduled for completion early in 2016. Darren Blake is Head of Development
HOME GROUP DEVELOPMENTS LIMITED
21m1.0m1
19 Nov 2014Expansion at East Midlands Airport - Company GrowthKG Aircraft Rotables, a firm which specialises in the supply and repair of aircraft components, has increased its presence at East Midlands Airport. The company already occupies other units at the airport and has taken a further 3,711 sq ft at the Air Cargo Centre.
KG Aircraft Rotables Co. Limited
2
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Headquarters & Premises

 - 

Leisure Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
119 Nov 2014200m Investment - 5,000 New Jobs Expected - Braehead Shopping Centre ExpansionIntu is planning a 200m extension at Braehead Shopping Centre in Glasgow. Around 5,000 posts will be created by the expansion, which will include a sports arena, hotel, department store, shops, cafes and restaurants.
Intu Properties PLC
533m450m1,2801
20 Nov 2014150,000 Pub Refurbishment - Creating New JobsSpirit Pub Company is investing 150,000 to refurbish The Earl Beatty pub in Kingston upon Thames, London. The pub, which will re-open in December 2014, is recruiting 8 new full and part time staff.
Spirit Pub Company Plc
758m86m16,8001
26 Nov 2014Dorking Travelodge Refurbished - 57m Nationwide Investment - 470 LocationsHotel chain Travelodge has completely renovated its hotel in Dorking, Surrey, as part of a 57m nationwide investment scheme. Oxfordshire-headquartered Travelodge Hotels has a turnover of 331.7m and 3,400 employees. It is the UK's largest independent hotel chain with 470 locations.
Travelodge Hotels Ltd
332m3m3,395470
20 Nov 2014Cineworld Development - 7 New Restaurants - 250 New JobsCitygrove is to start construction of a multi-million pound leisure complex in Loughborough, Leicestershire, in January 2015. The development will include a Cineworld cinema and 7 restaurants. The complex is expected to open at Easter 2016, providing 250 jobs.
Citygrove Securities PLC
5m0.4m52
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Headquarters & Premises

 - 

Hotel Development Projects

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
119 Nov 2014200m Investment - 5,000 New Jobs Expected - Braehead Shopping Centre ExpansionIntu is planning a 200m extension at Braehead Shopping Centre in Glasgow. Around 5,000 posts will be created by the expansion, which will include a sports arena, hotel, department store, shops, cafes and restaurants.
Intu Properties PLC
533m450m1,2801
19 Nov 2014Opening New European Bases - 150m Euros Investment - New Jobs ExpectedThe Student Hotel, a Netherland's headquartered student accommodation provider, is expanding further into Europe after securing 150m euros in growth funding. The company, which plans to expand into a major European student housing and hospitality brand, is targeting London for one of its new sites.
The Student Hotel
1
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Headquarters & Premises

 - 

Call Centres

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
20 Nov 2014Creating Jobs in Yorkshire - Call Centre Expansion - 1.3m LossOutsourcing firm Mitie's operations in Yorkshire are performing well. The company's Leeds-based national call centre is expanding rapidly and Mitie is increasing its staff numbers in the county. Mitie recorded a loss of 1.3m in the six months to September 2014 but has now exited its loss making businesses.
MITIE Group Plc
2,221m83m72,24891
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Growth

 - 

Remuneration Growth

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
19 Nov 2014Turnover Growth Up 19% to 19m - Remuneration Up 10% - Postive Business PerformanceBlanco UK Ltd is engaged in the sale and distribution of sinks and related products.
Blanco UK Limited
19m1m541
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Growth

 - 

Turnover Growth

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
20 Nov 20141.1m Grant Secured - New Manufacturing Premises - Creating 80 JobsHyspec, an oil and gas engineering firm, intends to create 84 new jobs over a five-year period, as part of a multimillion-pound expansion. After securing a 1.1m government grant, the company is relocating to new premises in Kilmarnock, Scotland and aims to increase revenue by 100%.
Hyspec Engineering Holdings Limited
12m0.5m1271
20 Nov 2014Turnover up 80.23% to 37.53m - Employee Numbers up to 115 - Actively RecruitingExpert Tooling & Automation, who are engaged in the design and manufacture of special purpose machinery, have grown turnover over 80% to 37.53m. Employee numbers have increased by over 32% to 115 and the company are actively recruiting for a number of engineering roles including Electrical Design Engineers and Managers and Mechanical Design Engineers. Angelo Luciano is Managing Director.
Expert Tooling & Automation Limited
38m3m1151
20 Nov 2014Turnover up 57.88% to 20.54m - Employee Numbers up to 100 - New BuildingElectroimpact, providers of engineering services and equipment to the aerospace industry, have grown turnover 57.88% to 20.54m and increased employee numbers by more than 5% to 100. The company are currently constructing a new building, Building F, providing additional assembly and buyoff space which is due for completion in December 2014. The company's growth could lead to employment opportunities. Peter Zieve is Chief Executive Officer
Electroimpact Uk Limited
21m4m1001
20 Nov 2014Turnover up 46.89% to 10.17m - Employee Numbers up 30% to 70 - Employment OpportunitiesCambridge based Software development and IT consultancy, Spiral Software, has grown turnover 46.89% to 10.17m and increased employee numbers by nearly 30% to 70. The company are looking for exceptional people to join them to assist with their continued growth.
Spiral Software Limited
10m1m703
19 Nov 2014Turnover Growth Up 19% to 19m - Remuneration Up 10% - Postive Business PerformanceBlanco UK Ltd is engaged in the sale and distribution of sinks and related products.
Blanco UK Limited
19m1m541
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New Business Wins & Company Awards

 - 

Contracts, Orders

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
20 Nov 2014750,000 Investment - New International Contracts - 40 Jobs CreatedUnipart Rail has created 40 jobs after investing 750,000 to expand its facilities in Doncaster, South Yorkshire, and take on new contracts from major customers in Europe and Japan, including Siemens and Hitachi. The expansion was supported with 112,500 of funding from the Sheffield City Region Local Enterprise Partnership.
Unipart Rail Limited
196m7m8253
19 Nov 20147.2m regeneration contract secured - Phased Development - Completion 2016Construction services group ISG has won a 7.2million contract to build a mixed residential and retail development in Watford for affordable housing provider Home Group. The project is being phased to enable early occupation of the 3,800 sq ft ground floor commercial accommodation, which ISG will hand over as a shell and core unit. The full residential development is scheduled for completion early in 2016. Liam Duffy is Regional Director ? East
Isg Construction Limited
375m0.1m9282
19 Nov 20147.2m regeneration contract - Phased Development - Completion 2016Construction services group ISG has won a 7.2million contract to build a mixed residential and retail development in Watford for affordable housing provider Home Group. The project is being phased to enable early occupation of the 3,800 sq ft ground floor commercial accommodation, which ISG will hand over as a shell and core unit. The full residential development is scheduled for completion early in 2016. Darren Blake is Head of Development
HOME GROUP DEVELOPMENTS LIMITED
21m1.0m1
25 Nov 20145m Contract Extension Secured - 100 Jobs Secured - Expansion in Education SectorOutsourcing company Mitie has secured a 5m extension to its contract to provide integrated facilities management to two Durham University campuses. A team of 100 people will deliver services such as cleaning and total security management. The contract award builds on Mitie's expertise in the education sector.
MITIE Group Plc
2,221m83m72,24891
24 Nov 2014365m Contract - 16.86bn Turnover - 53 UK LocationsDefence firm BAE Systems has agreed a 365m contract as part of a deal to provide Eurofighter Typhoon jets with a new kind of radar. The jets are produced by BAE Systems, Airbus and Finmeccanica. BAE Systems has 53 UK locations, turnover of 16.86bn and 84,600 employees.
BAE Systems PLC
16,864m695m84,60053
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New Business Wins & Company Awards

 - 

Awards

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
24 Nov 2014National Award Secured - 20 Apprenticeships - 33.5m TurnoverSouthampton-based Griffon Hoverwork, the largest producer of production hovercraft in the world, was named medium-sized Employer of the Year 2014 in the National Apprenticeship Awards. The 33.5m turnover company has provided employment and career opportunities to 20 people in 2014. It employs around 200 staff.
Griffon Hoverwork Limited
34m1m1882
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Mergers & Acquisitions

 - 

Mergers, Acquisitions & Flotations

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
24 Nov 20145.6bn Takeover By Aviva - Major Business Gains - 4,000 EmployeesSurrey-based insurer Friends Life is being acquired by London-based rival Aviva for 5.6bn. The combined firm will be the UK's largest insurance, savings and asset management business with 16 million customers and a market value of around 20bn, allowing it to compete with Axa of France and Allianz of Germany. Friends has 4,000 staff worldwide.
Friends Life Group Plc
10,988m3,8823
19 Nov 2014Rawlins Financial Advisors Acquried - 30m of Funds under Management - Company GrowthJones Sheridan Financial Consulting has acquired Rawlins Financial Advisers, bringing an additional 30m of funds under management. The company are always on the look-out for smaller businesses that fit well with their business model and more acquisitions could follow. David Williams is Managing Director
Jones Sheridan Financial Consulting Limited
1
19 Nov 2014Business Expansion - Software Company Acquired - Customer Centre Opened - 80m TurnoverNottingham IT business Jigsaw24 has continued its expansion with the acquisition of Matrix, a software business based in Knutsford, Cheshire. Jigsaw24 recently launched a flagship customer centre in Soho, London. It acquired Square Group in June 2014, increasing its turnover to more than 80m.
JIGSAW24 LIMITED
1
19 Nov 2014Acquired by Jones Sheridan Financial - 30m of Funds under Management TransferredJones Sheridan Financial Consulting has acquired Rawlins Financial Advisers, bringing an additional 30m of funds under management. Peter Goodwin is Director
Rawlins Financial Advisers Limited
81
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Budgets & Expenditure

 - 

IT

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
24 Nov 2014Moving IT to South Africa - Computacenter Outsourcing Contract - Operational GainsHouse builder Crest Nicholson is moving most of its IT services to South Africa as part of an IT services contract with Computacenter, in order to secure cost savings and gain increased flexibility to meet changing business demands. Surrey-headquartered Crest Nicholson has turnover of 525.7m and 600 employees.
Crest Nicholson PLC
526m61m6177
26 Nov 2014European Centres To Close - 23 UK Jobs Lost - Smaller Sites AffectedOracle, the Berkshire-based technology company, is closing all of its European support centres with less than 100 staff. 450 global jobs are expected to be lost, which equates to around 23 UK jobs. The company employs 4,676 UK staff and generates turnover of GBP 681m.
Oracle Corporation UK Ltd
681m4,6763
20 Nov 2014Digital Managing Director Appointed - Expansion of News WebsitesThe Midland News Association has appointed Andy Hill as Managing Director to lead the expansion of its digital operation, which includes the Shropshire Star and Express & Star websites. Mr Hill will take up his new role on 26 January 2015.
Midland News Association Limited(The)
40m-3.3m6371
26 Nov 2014Digital Director Appointed - Service Developments - International ExpansionDigital media agency 7thingsmedia has appointed Zeeshan Mallick as digital director as part of a strategy to develop digital media channels. 7thingsmedia, which has offices in London, New York and Singapore, is also planning to expand further internationally.
7thingsmedia Ltd
1
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Companies Receiving Investment

 - 

Venture Capital

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
20 Nov 2014E-commerce Firm Raises 16m - US Export Plans - Opening European Offices - New Jobs ExpectedQubit Digital, a London start-up, has raised 16m to export its technology, which allows businesses to personalise their websites for individual customers, to the US. Qubit also plans to open new offices in Europe and invest in technology development. The investment is expected to create new jobs.
Qubit Digital Ltd
1
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Companies Receiving Investment

 - 

Private Equity / Bank Funding

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
20 Nov 2014750,000 Investment - New International Contracts - 40 Jobs CreatedUnipart Rail has created 40 jobs after investing 750,000 to expand its facilities in Doncaster, South Yorkshire, and take on new contracts from major customers in Europe and Japan, including Siemens and Hitachi. The expansion was supported with 112,500 of funding from the Sheffield City Region Local Enterprise Partnership.
Unipart Rail Limited
196m7m8253
19 Nov 201455m Investment - New 200mph Service - Potential New JobsEurostar is investing 55m on new 200mph trains. The company is planning to launch new services with significantly reduced journey times to France and the Netherlands, in late 2015. The investment is expected to create employment opportunities.
Eurostar International Limited
882m54m1,6244
20 Nov 2014500,000 Investment in Machinery - Bank Funding Secured - Recruitment PlansRadshape Sheet Metal, a Birmingham manufacturer of precision sheet metal parts, has invested in new machinery and diversified into new sectors, after securing 500,000 funding from Lloyds Bank. Radshape has an annual turnover of 4m and employs 70 people. It plans to recruit additional staff to support growth.
Radshape Sheet Metal Limited
1
20 Nov 2014245,000 Grant Secured - 1.7m Investment Programme - New Service Launched - 11 New jobsNottingham engineering firm, Hucknall Sheet Metal Engineering, is expanding into new markets and recruiting 11 new staff in a 1.7m investment programme. The company, which has 27 employees, has invested in new machinery and has launched a new venture called Microjet Precision Services after securing a 245,000 grant.
Hucknall Sheet Metal Engineering Limited
1
20 Nov 20141.3m Investment - Production Capacity Doubled - New Jobs Created - 125,000 Funding SecuredChemical firm Nippon Gohsei is expanding its manufacturing site and creating new jobs in Hull. The company has invested 1.3m into the site, after securing 125,000 funding from Humber Local Enterprise Partnership. The investment will create 5 jobs and will double existing production capacity.
Nippon Gohsei Uk Ltd.
93m17m1021
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Companies Receiving Investment

 - 

Private Finance Initiatives / PPI Initiatives

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
19 Nov 20144.2m expansion - 90 New Jobs - 2m Public FundingKK Fine Foods, which makes frozen ready meals for pubs and wholesalers, is to create 90 jobs in Flintshire with a 4.2m food factory expansion. The expansion is due to growing demand from supermarkets for supplies of frozen Christmas meals. The investment includes nearly 2m public funding in grants and loans from the Welsh government and Finance Wales. Chief executive and founder Leyla Edwards
K K Fine Foods Plc
18m0.6m1901
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Performance & Profits

 - 

Profits

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
19 Nov 2014Strong Business Performance - 16% Rise in Turnover - Substantial Growth in ProfitsLaw firm RPC's revenue increased by 16% from 38.7m to 46m in the half-year from May to October 2014. Profits also increased by double-digit figures, representing a substantial improvement from the end of the last financial year when profits fell 3% to 26m.
Reynolds Porter Chamberlain LLP
82m26m4554
20 Nov 2014Rapid Growth - Sales Exceed 100m - Opening Stores in UK and Poland - Creating JobsMountain Warehouse?s sales have exceeded 100m, helped by a rapid store-opening programme which has created 200 jobs. Profits have increased from 1.9m to 3.2m. The fast-growing outdoor retailer is targeting a UK branch network of 200 by Christmas 2014 and is also expanding overseas, with new branches in Poland.
Mountain Warehouse Limited
89m9m1,21528
20 Nov 2014Profits and revenues rise - Possible negative cost riskAirbus has recorded a rise in profits for the first nine months of the year with underlying earnings up 12% to ?2.59bn for the nine-month period, revenues up 4% to ?40.5bn, and net income up 16% to ?1.399bn. The company has highlighted a negative cost and risk evolution for its delayed A400M transport aircraft, and it will account for any future impact in its full-year results to be published early next year. Harald Wilhelm is Finance Director
Airbus UK Ltd
3,800m113m9,0102
26 Nov 2014Profits Fall To 138m - Revenues Increased to 947.6m - Management RestructuringWest Midlands-based water company Severn Trent's half-year profits have fallen from 191.2m to 138.2m. However the previous year's figures were inflated by a tax windfall. Revenues have increased from 922.4m to 947.6m. The company is consulting with 500 middle managers over job losses.
Severn Trent Plc
1,857m7,9922
20 Nov 2014Profit Fall By 10.5% - High Investment Costs - Sales Up 3%Majestic Wine's profits fell by 10.5% to 8.5m in the 2014 first-half, following higher investment costs and weaker demand for the Bordeaux 2013 vintage. However, total sales increased by 2.8% to 133.8m, as the wine warehouse chain attracted new customers and people paid more for its offerings.
Majestic Wine PLC
278m24m1,049165
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Performance & Profits

 - 

Business Performance

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
20 Nov 2014US Company Expands Rapidly - Opens London Premises - Creates JobsNew York, US-based LiveIntent, an email marketing specialist, has opened its first international operation, with new premises in London, creating employment opportunities. The company has grown 20,900% in three years and is one of the fastest growing firms in New York.
LiveIntent Limited
1
26 Nov 2014Targeting Larger Contracts - Recruiting Staff - Turnover Up 25% to 2.8mDurham-based Dunelm Geotechnical and Environmental is growing strongly after a grant from Investment for Growth helped it secure ISO accreditations and target larger contracts. The company now employs more than 30 workers and turnover has increased 25% to 2.8m. It is now actively recruiting to expand its team.
Dunelm Geotechnical & Environmental Limited
1
20 Nov 2014Strong Free Range Egg Sales - 250% Growth - 14m TurnoverYorkshire Farmhouse Eggs has significantly increased its sales of free range eggs in local supermarkets. The company, which has two farms in Thirsk, Yorkshire, has increased its sales by 250% in the five years to 2014. It has a turnover of 14m and around 40 employees.
Yorkshire Farmhouse Eggs Limited
14m0.8m361
19 Nov 2014Strong Business Performance - 16% Rise in Turnover - Substantial Growth in ProfitsLaw firm RPC's revenue increased by 16% from 38.7m to 46m in the half-year from May to October 2014. Profits also increased by double-digit figures, representing a substantial improvement from the end of the last financial year when profits fell 3% to 26m.
Reynolds Porter Chamberlain LLP
82m26m4554
24 Nov 2014Relocating European Headquarters - 3m Turnover Expected - Potential New JobsShandong Yonghe Precision Metal Co is to move its European headquarters from Tamworth, Staffordshire to a new office and warehouse facility in Burton-on-Trent following two years of substantial growth. Annual turnover is expected to reach 3m in 2015. New jobs are expected as a result of business growth.
Yonghe Precise Metals Europe Ltd
1
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Performance & Profits

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Products and Services

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
19 Nov 201455m Investment - New 200mph Service - Potential New JobsEurostar is investing 55m on new 200mph trains. The company is planning to launch new services with significantly reduced journey times to France and the Netherlands, in late 2015. The investment is expected to create employment opportunities.
Eurostar International Limited
882m54m1,6244
20 Nov 2014245,000 Grant Secured - 1.7m Investment Programme - New Service Launched - 11 New jobsNottingham engineering firm, Hucknall Sheet Metal Engineering, is expanding into new markets and recruiting 11 new staff in a 1.7m investment programme. The company, which has 27 employees, has invested in new machinery and has launched a new venture called Microjet Precision Services after securing a 245,000 grant.
Hucknall Sheet Metal Engineering Limited
1
19 Nov 2014IT Outsourcing Contract Extended - High Quality Service ProvidedCapita has secured a three-year extension to its IT outsourcing contract with Northern Ireland Electricity. The contract was extended because of the consistently high quality of service provided by Capita since 2009, the flexibility demonstrated by Capita and competitive price achieved.
Capita Plc
3,896m312m56,4689
19 Nov 2014Creating 60 Jobs - 1m Funding Secured - R&D ProjectCar parts firm Maier UK has secured 1m of Government funding to carry out a four-year research and development project. The investment will create 60 jobs and protect existing jobs. The firm employs 200 people at its UK operation in Burntwood, Stafforshire.
Maier U.K. Limited
26m1m1863
20 Nov 2014Creating 300 Jobs - 190m Investment - Increasing Production - Engine Development ProgrammeFord is investing 190m to create low-carbon engines at its Dagenham plant. The move will create 318 jobs at the Essex-based factory. This is the second phase in Ford's plan to produce greener engines.
Ford Motor Co Ltd
9,248m171m10,12420
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Hot Topic

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Sales

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
20 Nov 2014Strong Free Range Egg Sales - 250% Growth - 14m TurnoverYorkshire Farmhouse Eggs has significantly increased its sales of free range eggs in local supermarkets. The company, which has two farms in Thirsk, Yorkshire, has increased its sales by 250% in the five years to 2014. It has a turnover of 14m and around 40 employees.
Yorkshire Farmhouse Eggs Limited
14m0.8m361
20 Nov 2014Rapid Growth - Sales Exceed 100m - Opening Stores in UK and Poland - Creating JobsMountain Warehouse?s sales have exceeded 100m, helped by a rapid store-opening programme which has created 200 jobs. Profits have increased from 1.9m to 3.2m. The fast-growing outdoor retailer is targeting a UK branch network of 200 by Christmas 2014 and is also expanding overseas, with new branches in Poland.
Mountain Warehouse Limited
89m9m1,21528
20 Nov 2014Profit Fall By 10.5% - High Investment Costs - Sales Up 3%Majestic Wine's profits fell by 10.5% to 8.5m in the 2014 first-half, following higher investment costs and weaker demand for the Bordeaux 2013 vintage. However, total sales increased by 2.8% to 133.8m, as the wine warehouse chain attracted new customers and people paid more for its offerings.
Majestic Wine PLC
278m24m1,049165
20 Nov 2014New Contracts - Business Expansion - Recruiting Sales and Engineering StaffGlossop, Derbyshire-based TH Plastics is hiring three new members of staff as part of the expansion of its sales and engineering divisions. The new appointments will increase staff headcount to 17. The company has secured significant contracts, with more due by the year's end.
T H Plastics Limited
3
19 Nov 2014Increase in Business Travel - Revenues Up 50% to 10m - International Business GrowthGlasgow-based Stewart Travel Management's revenues have increased by 50% to nearly 10m in 12 months. Sales have grown substantially due to increased demand for business travel. The firm has expanded internationally, gaining new business in the US, and securing further accounts in Singapore and Japan.
Stewart Travel Limited
9m0.5m1592
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Hot Topic

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International

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
20 Nov 2014750,000 Investment - New International Contracts - 40 Jobs CreatedUnipart Rail has created 40 jobs after investing 750,000 to expand its facilities in Doncaster, South Yorkshire, and take on new contracts from major customers in Europe and Japan, including Siemens and Hitachi. The expansion was supported with 112,500 of funding from the Sheffield City Region Local Enterprise Partnership.
Unipart Rail Limited
196m7m8253
26 Nov 2014250m International Contract Secured - 500 Jobs Secured - 910.6m TurnoverSelex ES has secured a 250m contract to make an upgraded radar for Typhoon jets, securing 500 jobs at its Edinburgh base. The four European countries which build the fighter are spending an extra 1bn on equipment upgrades. Selex ES has turnover of 910.6m and 4,500 employees.
Selex ES Ltd
911m4,5215
20 Nov 2014US Company Expands Rapidly - Opens London Premises - Creates JobsNew York, US-based LiveIntent, an email marketing specialist, has opened its first international operation, with new premises in London, creating employment opportunities. The company has grown 20,900% in three years and is one of the fastest growing firms in New York.
LiveIntent Limited
1
19 Nov 2014Restructuring European Paper Business - 130 UK Jobs at Risk - Reducing Production CapacityPaper manaufacturer UPM is closing a newsprint machine at ts paper mill in Shotton, Flintshire, putting 130 jobs at risk from a workforce of 370. Similar closures are also planned in France and Finland. The restructuring is due to overcapacity in UPM's European paper business. The company has a turnover of 421m.
UPM-Kymmene (UK) Limited
421m-5.8m9516
20 Nov 2014Rapid Growth - Sales Exceed 100m - Opening Stores in UK and Poland - Creating JobsMountain Warehouse?s sales have exceeded 100m, helped by a rapid store-opening programme which has created 200 jobs. Profits have increased from 1.9m to 3.2m. The fast-growing outdoor retailer is targeting a UK branch network of 200 by Christmas 2014 and is also expanding overseas, with new branches in Poland.
Mountain Warehouse Limited
89m9m1,21528
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Hot Topic

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Ecommerce

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
20 Nov 2014E-commerce Firm Raises 16m - US Export Plans - Opening European Offices - New Jobs ExpectedQubit Digital, a London start-up, has raised 16m to export its technology, which allows businesses to personalise their websites for individual customers, to the US. Qubit also plans to open new offices in Europe and invest in technology development. The investment is expected to create new jobs.
Qubit Digital Ltd
1
24 Nov 2014Click-and-collect Service Launched - Extends Global ReachIndependent etail portal Farfetch has launched a click-and-collect service allowing shoppers to order goods from one store and collect it from one of 100 independent boutiques across the world. Farfetch gives shoppers access to clothing and accessories from 2,500 brands in 300 stores in 26 countries.
Farfetch UK Limited
23m-6.4m712
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