Business

Virgin Money optimistic as the UK vaccination programme rolls out

The bank said underlying profits rose from £120m to £245m in the six months to March 31.David Duffy, Virgin Money’s chief executive, said: “Virgin Money had a strong first half. We doubled underlying profit compared to last year and returned to statutory profit.”

'Small-scale, silent' versions of Carillion collapse are happening every year because of auditors' failings, says think-tank IPPR

Think-tank IPPR North says the audit sector which scrutinises the financial statements of big and small companies is “failing society” due to its limited scope and lack of rigorous auditing practices.

How Turners Accident Repair is in driving seat during revolutionary phase for automotive sector

In the series ‘Inspiring Growth’ Greg Wright, in association with Top UK 100 law firm Ward Hadaway, talks to the companies bringing jobs and investment to the region.

April saw biggest monthly rise in UK house prices since February 2004, says Nationwide

Across the UK, the typical property value hit a peak of £238,831 in April, Nationwide Building Society said.

Major new development on historic Leeds site given green light

St Cecilia Place, in Leeds, will occupy the site of the iconic Quarry Hill flats, which were demolished in 1978. The scheme will comprise 352 build-to-rent (BTR) residential apartments, along with amenity spaces and commercial units.

Wetherby firm set to roll out new rapid Covid test in May

The Wetherby-based group said its rapid antigen test was used in a clinical study in Europe on 98 positive Covid-19 samples across a broad range of viral loads.

Why apprenticeships are a "mess" and a “bureaucratic tangle” says entrepreneur

David Jackson, chairman and founder of Bridlington-based Hudson Contract, has called on the Government to scrap the current apprenticeship scheme and replace it with tax incentives.

How David Jackson overcame cancer to pave his own way in construction

In 1987 David Jackson decided to go into business for himself in the construction industry.He had started off as an apprentice draughtsman 15 years earlier, drawing up and designing steel structures, before going into management planning.

EY ITEM Club’s Spring Forecast predicts faster growth for the UK economy

The EY ITEM Club now expects the economy to grow 6.8 per cent this year rather than the 5.0 per cent growth expected in January.

Thirsk animal park’s future secured by £1.85m purchase

Monk Park Farm has been acquired for £1.85m by York Forty Four Ltd, a Boroughbridge-based company that operates a portfolio of North Yorkshire retirement and holiday parks under the trading name of York House Leisure.