How Tissue Regenix in Leeds maintained its revenue despite Covid challenges
The Leeds-based firm saw gross profit remain steady at £5.9m, compared to £6m the previous year, with a 46 per cent gross profit margin. It also reported an operating loss of £9.8m, which was driven largely by a non-cash impairment charge of £6.1m arising from the annual impairment test on its CellRight Technologies.
Drax becomes global player after buying Pinnacle Renewable Energy
The company said that the acquisition positions Drax as the world’s leading sustainable biomass generation and supply business.
PureGym emerges as a stronger business after a “brutal” year
The Leeds-based firm said gym closures resulted in 37 per cent fewer trading days, causing significant declines in revenue and profitability.
Bradford-based Morrisons to give away postcards to help tackle loneliness
Children of Morrisons staff will be colouring postcards and writing messages for the supermarket to distribute to its doorstep delivery customers who are continuing to shield while lockdown restrictions are eased.
Ilkley Brewery will have to wait weeks for April 12 pub boom to turn into income but still has VAT and duties to pay
Luke Raven, a director at Ilkley Brewery, said his company had been forced to pour away 80,000 pints of beer during the pandemic because of demands from pubs and having to produce more than necessary because of the challenge of ensuring their products are on pumps.
Transdev signs agreement with Arriva to buy Yorkshire Tiger bus services in Halifax and Huddersfield
Today’s announcement will not affect local bus services and Arriva employees are set to move to Transdev as part of the sale agreement.
Moss Bros launches menswear subscription service
Bosses hope the £65-a-month “Moss Box” service can be the new Netflix of clothing with customers able to choose two items from casual to formalwear with unlimited swaps.
Jobs boost for Hull as famous bank building becomes hub for creative, digital and tech businesses
Details have been revealed of the redevelopment plans for the former HSBC building on Whitefriargate in Hull city centre.
Savers face worst choice of products for 14 years after rates tumble
Financial information website Moneyfacts.co.uk counted 1,340 savings deals, including cash Isas, on the market, which is 248 fewer than a year ago and a record low since its electronic records started in 2007.
Pubs face up to 'greatest ever challenge', says CAMRA boss as re-opening gets underway
The multi-billion pound pub industry is taking its first steps back to trying to recover from the Covid-19 crisis after being allowed to re-open to customers from the start of the week.
