Fuel company ConocoPhillips has been fined £3 million after gas leaks on one of its platforms 70 miles off the Lincolnshire coast.Read the full story ›
Business leaders are being asked to get behind a new sponsorship scheme to support Hull's City of Culture.
Lord Peter Mandelson, who is the city's High Steward, launched the Business Club partnership at Hull University this morning. He said it is vital more business partners get involved in order to capitalise on the opportunities 2017 will bring to them.
A £60 million pound refurbishment programme has begun at Meadowhall. The owners say it will improve the customer experience and will also allow retailers to install double height shop fronts.
The work is being carried out at night and is expected to be completed by the end of 2017.
One of the country's oldest steel manufacturers - Sheffield Forgemasters - seems to have been thrown a lifeline after announcing 100 jobs losses nine days ago.
The company, which specialises in high-quality steel for energy and defences companies including the Trident nuclear submarine programme, blamed the steel crisis in the UK for the redundancies.
But today it is being reported that a secret £30m support package has been brokered involving BAE, Babcock and Rolls Royce.
Sheffield Forgemasters has been hurt by the broader crisis affecting the steel industry, with thousands of British jobs disappearing in the past four months.
The company has seen dwindling revenue from customers in the oil and gas sector, and last week cut 100 jobs in a move described by its chief executive as essential to a turnaround plan that will be partly funded by the new loans.
Rolls-Royce and Babcock have released the following statements.
Rolls-Royce has a very skilled and competent nuclear supply chain of more than 200 suppliers in the UK alone. We place great importance on working closely with those companies to ensure we can deliver the best value for our customers. Sheffield Forgemasters International Limited (SFIL) is an important supplier to our nuclear business. The contractual terms of relationships with our suppliers are confidential.
Babcock works closely with an extensive supply chain across the UK to ensure we deliver best value, continuity and surety for our customers. Sheffield Forgemasters International is a supplier to our business. However, contractual arrangements with our suppliers are confidential."
Leeds and York have both retained their places in the UK's top 20 most frequently visited cities by overseas travellers.
Leeds remains at number 12, with York climbing from number 15 in 2014 to to number 13 in 2015 in a survey carried out by Hotels.com.
London continues to reign supreme with Edinburgh, Manchester, Liverpool and Glasgow rounding off the top five and all non-movers.
134 jobs are at risk in our region after the discount shoe retailer Brantano went into administration.
The administrators announced that 2,000 staff are at risk nationally in 140 stores and 60 concessions.
In Yorkshire and the Humber, the figure is around 139 staff in 12 stores.
The stores and the number of staff at risk are listed below:
- Barnsley 9
- Bradford 9
- Doncaster Wheatley 10
- Guiseley 20
- Hull Anlaby 14
- Hull Kingswood 12
- Keighley 10
- Leeds Seacroft 2
- Scarborough 8
- Selby 12
- Sheffield Healey 12
- Wakefield 16
The cuts come as the supermarket is expected to post the worst sales figures among its major rivals for the festive period.Read the full story ›
Leeds-based supermarket chain Asda has confirmed it is cutting jobs at its head office in the city.
Staff are being told today about the latest round of redundancies. The firm says they will be in the "low hundreds."
The business blames price wars between the UK's supermarket chains and changing shopping trends.
It’s well documented that in recent years, customers have radically changed the way they shop. We were the first of the “big four” to recognise this and launch a new strategy in 2013 yet the external pressures have accelerated at an increasingly rapid rate over the last 18 months.
As a result, the industry faces major challenges and the certainty of permanent structural change. In the context of this, we also have to further change the way we do business.
Today, we have started to talk to our colleagues in head office functions about what this means for them. We have made some difficult but necessary decisions but we must discuss these with our colleagues before we talk publicly.”
Morrisons is to close its city centre store in Bradford - where the supermarket chain is based.
Despite a better than expected festive sales period, the Westgate store is set to shut.
The firm announced the closure of seven stores yesterday, with the Bradford site the first location to be revealed.
Around ninety jobs will be lost in a move which Morrisons called "regrettable". The grocer said there was no long term viability in the store.
A further 100 jobs at Siemens in Hull have been advertised for roles within the company's wind turbine blade manufacturing facility.Read the full story ›