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Search News : 16th November 2014 - 23rd 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
18 Nov 2014700m Joint Venture - Partnership With National Grid - Major Development Programme - New Jobs ExpectedDeveloper Berkeley Group and energy firm National Grid have launched a 700m joint venture, called St William Homes, to build houses across London and southeast England on surplus National Grid land. The investment is expected to create new jobs.
The Berkeley Group Plc
743m136m9351
17 Nov 2014700,000 Investment in Growth - Product Development - Potential New JobsWebmoco, a software firm located in Leamington Spa, Warwickshire, has secured investment of almost 680,000 from venture capital specialist Midven. The investment will support further product development and business growth. New jobs are expected as the company expands.
Webmoco Ltd
1
17 Nov 20147.5m Investment - New Luxury Hotel - Creating 60 JobsDurham County Council has approved plans for the 7.5m redevelopment of The Old Shire Hall into a luxury hotel. Up to 60 jobs will be created. The plans were submitted by developer Kevin Brown.
Durham County Council
1
18 Nov 201460m Investment - Major Retail and Leisure Development - 400 New JobsVale Retail, a London-headquartered developer of retail assets, is investing 60m to transform the Galleries shopping centre in Wigan, Manchester, into a modern retail destination with space for a cinema, gym, restaurants and leisure complex. The investment is expected to create 400 jobs.
Vale Retail Limited
1
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People & Jobs

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Management Moves

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
1117 Nov 2014Senior Management Change - New Chief Executive AppointedThe Royal Borough of Greenwich has appointed John Comber, former Deputy Chief Executive, to the role of Chief Executive, replacing Mary Ney who has retired.
Greenwich London Borough Council
1
18 Nov 2014Relocation - New Employees - 25 EmployeesLaw firm, Gateley, has welcomed associate, Joanne Sears, and solicitors, Becky Shepherd and Emma Taylor, to its Residential Development team ahead of the offices upcoming relocation. The move sees Gateley sign a ten year lease at centrally located Minerva building, doubling its office size in Leeds. The firm, which has 25 members of staff, is relocating from Toronto Square where it will sub-let its 3,880 sq ft office.
Gateley LLP
51m17m5704
1117 Nov 2014New Finance Director Named - Incumbent To RetireOutsourcing and recruitment company Capita Group's Finance Director, Gordon Hurst, will retire from the role on 28 February 2015. Current Executive Director Nick Greatorex will become Group Finance Director effective 1 March 2015
Capita Plc
3,896m312m56,4689
117 Nov 2014Management Restructuring - Strong Business GrowthLincolnshire-based agency Trinity Event Solutions has appointed Anthony Hyde as managing director. Mr Hyde will take over the day to day running of the business, which is growing strongly. As part of the management restructure, company founder Jacqui Kavanagh takes on the role of CEO.
Trinity Event Solutions Limited
1
120 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
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People & Jobs

 - 

Outsourcing

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
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
17 Nov 2014Outsources Investments - Service Proposition StrengthenedMarket Harborough, Leicestershire-headquartered independent financial adviser Clarkson Wayman Ball has outsourced investments to Brooks Macdonald Asset Management. The strategic alliance gives Clarkson Wayman Ball's clients to additional services and investment management expertise.
Clarkson Wayman Ball 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
17 Nov 2014Acquired By Outsourcing Firm - New Market OpportunitiesSoftware firm Asidua has been acquired by London-based outsourcing services company Civica. Asidua employs over 130 employees. Its headquarters are in Belfast and it has offices in Dublin and Birmingham. Civica is expected to support Asidua in realising market opportunities.
Asidua Ltd
6m0.0m1031
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Headquarters & Premises

 - 

Office Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
17 Nov 2014128m refurbish programme - Profit up 61% to 173.7m - Company GrowthWorkspace is planning a major refurbishment programme across its properties worth a potential 128m. The firm specialises in renting business and office space to companies and is already spending 75m on revamping seven sites across London, the extra 128m is for another 11 properties in the area to provide a further 560,000 sq.ft. of new and upgraded space. Chief Executive Officer Jamie Hopkins
Workspace Group Plc
74m266m1823
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
18 Nov 2014New Tamworth Distribution unit - Completion January 2016 - New JobsCar component supplier Euro Car Parts has pre-let a 778,000 sq ft distribution unit in Tamworth on a 20-year lease. The Unit is due for practical completion in January 2016, the unit will include 47,500 sq ft of offices alongside four-level access doors and 64 dock doors. The letting will increase the number of jobs provided by Euro Car Parts to over 1,350. Martin Gray is Chief Executive Officer
Euro Car Parts Limited
438m42m3,89837
218 Nov 2014New Headquarters - 26,000 sq ft Premises - Potential Employment OpportunitiesHousing association West Mercia Housing is relocating to a new 26,000 sq ft head office at Birmingham Business Park, in Birmingham, West Midlands, The move is expected to create new jobs.
WM Housing Group
1
217 Nov 2014Export Growth - International Sales Offices Opened - 13m TurnoverElectronics company Seaward, based in Peterlee, Co Durham, is growing strongly, helped by increased international orders. The 13m turnover company is now exporting specialist test instrumentation to more than 60 countries worldwide. Seaward has opened sales offices in Tampa and Malaysia.
Seaward Electronic Limited
13m1m1491
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Headquarters & Premises

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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
118 Nov 201460m Investment - Major Retail and Leisure Development - 400 New JobsVale Retail, a London-headquartered developer of retail assets, is investing 60m to transform the Galleries shopping centre in Wigan, Manchester, into a modern retail destination with space for a cinema, gym, restaurants and leisure complex. The investment is expected to create 400 jobs.
Vale Retail Limited
1
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
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
17 Nov 2014UK Expansion Strategy - Plans For New Supermarket - 40 Potential New JobsAs part of its UK expansion strategy, discount supermarket chain Aldi has resubmitted plans to build a store in Leicester after its initial planning application was rejected in 2013. Around 40 jobs would be created at the store.
Aldi Stores Limited
5,272m271m11,839378
117 Nov 2014UK Expansion - Plans For New Supermarket - 40 New Jobs ExpectedDiscount supermarket chains Lidl is planning to create a new store on Humberstone Road retail park in Leicester, which is acquired for 4m earlier in 2014. The opening of the planned new store would create approximately 30 to 40 jobs.
Lidl Limited
212m10,630580
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Headquarters & Premises

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Healthcare Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
117 Nov 20142.5m Investment - New Supported Living Development - Job Opportunities ExpectedAltrincham-based HB Villages is investing 2.5m to convert a former Warwickshire County Council office in Bedworth, Warwickshire, into supported living accommodation for vulnerable adults. The investment is expected to create employment opportunities.
H B Villages Ltd
1
18 Nov 2014Business Expansion - 63m Acquisition - Developing 4 New Medical Centres - Potential New JobsAssura, the healthcare property investment group, has acquired Metro MRI in a 63m transaction, following a successful fundraising. Metro owns 11 medical centres in England and Wales and is to develop four further medical centres on behalf of Assura, potentially creating employment and business opportunities.
Assura Group Ltd
37m282
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Headquarters & Premises

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Educational Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
118 Nov 201440m Investment - New Sports Complex - Substantial Donation SecuredThe University of Nottingham intends to invest 40m in a new sports complex at its University Park campus. Construction on the new complex is due to start in February 2015. The investment is supported by a very significant commitment from Nottingham alumnus and Carphone Warehouse founder David Ross.
University Of Nottingham (The)
1
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

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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

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Leisure Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
118 Nov 201460m Investment - Major Retail and Leisure Development - 400 New JobsVale Retail, a London-headquartered developer of retail assets, is investing 60m to transform the Galleries shopping centre in Wigan, Manchester, into a modern retail destination with space for a cinema, gym, restaurants and leisure complex. The investment is expected to create 400 jobs.
Vale Retail Limited
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
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
118 Nov 2014New Store Opened - 15 Jobs CreatedCoffe chain Costa is creating 15 jobs with the opening of a new 1,432 sq ft shop in Tunstall, Staffordshire, in December 2014.
Costa Ltd
553m93m7,9021,750
118 Nov 2014Major Pub Renovation - Recruiting 18 StaffThe Hope and Anchor Pub Ltd is recruiting 18 members of staff to work at The Hope and Anchor in South Ferriby, Lincolnshire when it re-opens at Easter 2015 following a major renovation programme.
The Hope and Anchor Pub Ltd
1
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Headquarters & Premises

 - 

Hotel Development Projects

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
17 Nov 20147.5m Investment - New Luxury Hotel - Creating 60 JobsDurham County Council has approved plans for the 7.5m redevelopment of The Old Shire Hall into a luxury hotel. Up to 60 jobs will be created. The plans were submitted by developer Kevin Brown.
Durham County Council
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
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

 - 

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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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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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
18 Nov 2014700m Joint Venture - Partnership With National Grid - Major Development Programme - New Jobs ExpectedDeveloper Berkeley Group and energy firm National Grid have launched a 700m joint venture, called St William Homes, to build houses across London and southeast England on surplus National Grid land. The investment is expected to create new jobs.
The Berkeley Group Plc
743m136m9351
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
20 Nov 2014145m Contract Secured - Jobs SafeguardedTrain manufacturer Bombardier has secured a 145 million contract with Govia Thameslink Railway, to build 100 new carriages for the Gatwick Express line. The order will safeguard jobs at Bombardier's plant in Derby, but no additional posts would be created as a result of the contract.
Bombardier Transportation UK Ltd
1,171m323m2,6918
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Mergers & Acquisitions

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Mergers, Acquisitions & Flotations

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
17 Nov 2014130m Takeover - Acquired by Connect Group - 34 LocationsSheffield-based Tuffnells Parcels Express has been acquired by Swindon-based Connect Group in a deal worth up to 130m. Tuffnells provides business to business delivery services from 34 national depots and has a turnover of 127.8m.
Tuffnells Parcels Express Limited
128m11m2,02925
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
17 Nov 2014Growth Investment Secured - Management Buyout - 13m RevenuesSheffield-headquartered Sumo Digital, an independent game studios, is undergoing a management buyout from US-based entertainment company Foundation 9 Entertainment. The buyout is backed by private equity firm NorthEdge Capital. Sumo, which also has an office in Pune, India, employs 240 people and has revenues of 13.2m.
Sumo Digital Ltd.
13m0.9m2081
18 Nov 2014Business Expansion - 63m Acquisition - Developing 4 New Medical Centres - Potential New JobsAssura, the healthcare property investment group, has acquired Metro MRI in a 63m transaction, following a successful fundraising. Metro owns 11 medical centres in England and Wales and is to develop four further medical centres on behalf of Assura, potentially creating employment and business opportunities.
Assura Group Ltd
37m282
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
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Budgets & Expenditure

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IT

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
18 Nov 201467m Government Investment - Funding Emerging TechnologiesInnovate UK, the new name for the Technology Strategy Board, is to fund the development of emerging and world-changing technologies in the UK, through a 67m government investment programme.
The Technology Strategy Board
1
17 Nov 2014200,000 Investment - IT Upgrade - 6 HotelsShire Hotels is upgrading its customer Internet access in a partnership with Manchester-based Managed Service provider ANS. The upgrade covers all six hotels and its North West head office.
Shire Hotels Limited
7
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
18 Nov 2014400 Job Losses Worldwide - Investing in Technology - mcommerce GrowthLivingSocial, the US-headquartered Online deals company is reducing staff headcount by 20% representing 400 jobs. Pro rata, this would equate to approximately 50 job losses from the UK workforce of 260. The resulting cost savings will allow the company to fund areas of growth including technology, data science and mobile.
LivingSocial Limited
13m-9.2m2611
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Companies Receiving Investment

 - 

Venture Capital

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
17 Nov 2014700,000 Investment in Growth - Product Development - Potential New JobsWebmoco, a software firm located in Leamington Spa, Warwickshire, has secured investment of almost 680,000 from venture capital specialist Midven. The investment will support further product development and business growth. New jobs are expected as the company expands.
Webmoco Ltd
1
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
17 Nov 2014Acquired By Outsourcing Firm - New Market OpportunitiesSoftware firm Asidua has been acquired by London-based outsourcing services company Civica. Asidua employs over 130 employees. Its headquarters are in Belfast and it has offices in Dublin and Birmingham. Civica is expected to support Asidua in realising market opportunities.
Asidua Ltd
6m0.0m1031
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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
18 Nov 201467m Government Investment - Funding Emerging TechnologiesInnovate UK, the new name for the Technology Strategy Board, is to fund the development of emerging and world-changing technologies in the UK, through a 67m government investment programme.
The Technology Strategy Board
1
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
18 Nov 201440m Investment - New Sports Complex - Substantial Donation SecuredThe University of Nottingham intends to invest 40m in a new sports complex at its University Park campus. Construction on the new complex is due to start in February 2015. The investment is supported by a very significant commitment from Nottingham alumnus and Carphone Warehouse founder David Ross.
University Of Nottingham (The)
1
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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
17 Nov 2014128m refurbish programme - Profit up 61% to 173.7m - Company GrowthWorkspace is planning a major refurbishment programme across its properties worth a potential 128m. The firm specialises in renting business and office space to companies and is already spending 75m on revamping seven sites across London, the extra 128m is for another 11 properties in the area to provide a further 560,000 sq.ft. of new and upgraded space. Chief Executive Officer Jamie Hopkins
Workspace Group Plc
74m266m1823
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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
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 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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Performance & Profits

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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
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
18 Nov 2014Strong Business Growth - Exporting to Malaysia - Significant Order SecuredEdwards of Conwy, a North Wales-based butcher, has secured its largest ever overseas order, from a long-standing customer in Malaysia. The company expects business to double over the three years to 2017.
Edwards of Conwy Ltd
1
20 Nov 2014Record Turnover - Expansion Plans - Enhanced Distribution NetworkWALSALL specialist castings firm Majorfax is targeting future growth as it heads into its fourth decade. The company have recorded a record turnover of 8m which will act as a solid platform for their plans to expand and increase the size of its warehouse facilities to enhance its distribution network across the UK and Europe. Steve Cooper is Managing Director
Majorfax Limited
1
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Performance & Profits

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Products and Services

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
17 Nov 2014700,000 Investment in Growth - Product Development - Potential New JobsWebmoco, a software firm located in Leamington Spa, Warwickshire, has secured investment of almost 680,000 from venture capital specialist Midven. The investment will support further product development and business growth. New jobs are expected as the company expands.
Webmoco Ltd
1
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
17 Nov 2014Outsources Investments - Service Proposition StrengthenedMarket Harborough, Leicestershire-headquartered independent financial adviser Clarkson Wayman Ball has outsourced investments to Brooks Macdonald Asset Management. The strategic alliance gives Clarkson Wayman Ball's clients to additional services and investment management expertise.
Clarkson Wayman Ball 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
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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
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
17 Nov 2014Targets International Expansion - Multi-million Pound Funding Secured - Potential New JobsHerefordshire-based Chase Distillery is to target significant growth in the UK after securing multi-million pound funding from Santander. The company, which produces super premium vodka, gin and liqueurs, is seeking overseas trading partners. The investment is expected to create employment opportunities.
Chase Distillery Limited
1
18 Nov 2014Strong Business Growth - Exporting to Malaysia - Significant Order SecuredEdwards of Conwy, a North Wales-based butcher, has secured its largest ever overseas order, from a long-standing customer in Malaysia. The company expects business to double over the three years to 2017.
Edwards of Conwy Ltd
1
17 Nov 2014Secures High-volume Export Orders - Expands To Australia and SpainMackworth Healthcare, a Bridgend, Wales-based company specialising manufacturing slings and hoists for moving and handling patients, has won its first export orders from Australia and Spain. Exports have increased from 5% of turnover to 25%, as a result of winning the high-volume orders.
Mackworth Healthcare Limited
1
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Hot Topic

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Ecommerce

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
17 Nov 2014Expanding Cambridge R&D Lab - Testing Delivery Drones - Recruiting StaffUS-headquartered e-commerce company Amazon is planning to test same-day delivery drones, which could fly at 50 miles per hour, in Cambridge, UK. The company is expanding its R&D operations in the city and actively recruiting scientific and engineering staff.
Amazon.co.uk Ltd
449m18m5,91215
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
18 Nov 2014400 Job Losses Worldwide - Investing in Technology - mcommerce GrowthLivingSocial, the US-headquartered Online deals company is reducing staff headcount by 20% representing 400 jobs. Pro rata, this would equate to approximately 50 job losses from the UK workforce of 260. The resulting cost savings will allow the company to fund areas of growth including technology, data science and mobile.
LivingSocial Limited
13m-9.2m2611
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