Polypipe to raise £120m in new share placing
Doncaster’s Polypipe Group aims to place new ordinary shares of £0.001 to raise £120 million to strengthen its financial position.
The group’s Chairman, Chief Executive,...
Leading skin care brand owner invests in York aerosol valve firm
Beiersdorf, a provider of skin care products including brands such as NIVEA, has invested in York-based Salford Valve Company Ltd (Salvalco).
Founded in 2013, Salvalco...
Castleford plastic recycling business secures £6m funding facility
Castleford-based plastic recycling firm Bright Green Plastics has secured a £6m funding facility from independent SME funder Bibby Financial Services (BFS).
Chris Farnworth and Danny...
York prepares for new grants scheme
City of York Council is gearing up to deliver a new government grant scheme aimed at local businesses, small charities, B&Bs and market traders.
York...
Sky launches advertising support scheme for SMEs
Sky has launched a £1 million support scheme to provide SMEs across the UK with TV advertising campaigns to support them during the coronavirus...
New bounce back loans scheme opens
Following the Chancellor of the Exchequer’s announcement on 27 April, the Bounce Back Loans Scheme opens for applications from today.
Delivered by lenders accredited by...
Wakefield secures £3.5million funding for the live events industry
Wakefield Council, in partnership with higher education provider Backstage Academy, has secured £3.5million of grant funding for the live events sector within the region.
The...
Profit warnings hit record levels across Yorkshire
Profit warnings issued by listed businesses across Yorkshire and the North East reached a record-breaking high in the first three months of 2020 -...
Local business grant funds scheme topped up
A discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme.
The Business Secretary...
FCA seeking legal clarity on business interruption insurance
The Financial Conduct Authority (FCA) has announced it intends to seek legal clarity on business interruption (BI) insurance to resolve doubt for businesses who...
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Tissue Regenix raises £14.6m in share fundraising
Tissue Regenix, the Leeds-based life sciences business, has raised £14.6 million via its latest fundraising.
Due to “significant excess demand”, the firm had to increase...
