Category: Deals and Restructuring News Yorkshire

UK Economic Growth Driven By Service Sector

Despite aims to increase the UK’s industrial output since the last recession, the UK is still heavily reliant on the service sector for growth as industrial output slumps. The UK’s industrial output slumped against expectations according to the latest figures released by the Office for National Statistics (ONS). The news will come as a blow…




Failed Merger Talks Between Addlesshaws and Nabarro

Two Yorkshire based law firms have revealed that they’ve held unsuccsesful merger talks. The talks started at the start of February 2013, the two firms have confirmed. The merge would have pulled Addlesshaws Goddard and Nabarro under the same roof, creating a company with combined revenues of more than £280m. In a statement, Addleshaw Goddard…




Morrisons to buy Blockbuster Stores

Yorkshire based supermarket giant Morrisions is planning to bolster it’s presence in the South East and London by buying 49 Blockbuster’s stores. Morrisons, who are based in Bradford, are going to use the stores to build a new convenience store franchise. It’s thought that 1,000 jobs will be created by the ‘Morrisons M’ stores. The…




Paragon Data Services Secures Major Cable Contract

Network cabling experts Paragon Data Services (PDS) has managed to complete a deal which will allow them to fit out new data infrastructure at 140 Blacks and Millets stores across the UK. PDS, who are based in Hull, have signed a contract with Bank Retail to carry out the data cable rollout within all of…




KPMG Sees Their Revenue Grow 4%

Northern revenue,one of the big four firms, saw their revenue rise 4% to £221m this year, also, the accountancy firm latest figures show that their national revenue also grew 4%, rising to £1.77bn. The senior partner of the Leeds office, Chris Herald said “The last year has been one of working harder than ever in…