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£10bn
aircraft order means 3,000 new jobs in Ryanair
Dublin-based Ryanair has confirmed a £10bn order for
175 new 737-800 Boeing aircraft, expanding its fleet to 400 over six years
and creating 3,000 new jobs for pilots, cabin crew and engineers. The expansion will allow Ryanair to lower
costs and airfares. Ryanair expects to serve 100 million passengers a year
across Europe by 2019.
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Aaron
& Partners recruiting solicitors
Aaron & Partners, the Chester-based commercial
law firm, has recorded a 20% increase in fee income following its recent
acquisition of Bennetts Legal. Fee
income for the year is approximately £7m. The expanding firm is recruiting
more solicitors, and is investing in infrastructure, particularly IT, and new
office facilities.
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Cambridge
based UroSens receives funding for Clinical Studies in 4 UK Hospitals
Cambridge based UroSens, a diagnostic company
developing tests for the detection of prostate and bladder cancer, has
received a £500,000 funding and entered into crucial clinical trials. The
funding has been provided by Esperante, a Netherlands based company,
Northstar Ventures Finance for Business North East Accelerator Fund and
existing investors. They have also been awarded a £250,000 grant from the
Technology Strategy Board.
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£18m
Liverpool hotel project brings 150 construction jobs and 50 hotel jobs
Contractor Balfour Beatty has started work on an £18m
project to transform the Royal Insurance building in Liverpool into an Aloft
branded hotel, for Starwood Hotels & Resorts. Balfour Beatty is the main contractor on
the scheme, which is expected to create 150 construction jobs and 50 jobs
when the 116-room hotel opens.
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Devon-based
Portlebay Popcorn secures equity funding
Devon-based Portlebay Popcorn has secured two rounds
of equity investment from the Enterprise Investment Scheme. It has used the funding to acquire
specialist manufacturing and packaging equipment required for launch and
brand development. The company was formed in 2012 by Jonty White and has
secured contracts with Tesco and independent delis.
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New
company investment fund launched in Edinburgh
Edinburgh-based London & Scottish Investment
Partners (LSIP) has launched a £3m investment fund aimed at financing
late-stage business ideas. LSIP comprises 20 individual investors and will
focus on sectors such as food and drink, life sciences and manufacturing and
technology. It plans to offer investments of £300,000 to £500,000 to six
companies each year.
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Derby
retail park expansion creates 30 jobs
Jobs are being created at a retail park owned by
Henderson Global Investors in Derby.
Building work has started on a 2,500sq ft. unit for Costa Coffee and
1,000sq ft. units for Greggs and Subway, at the Kingsway Retail Park. Up to 30 jobs could be created across the
three businesses.
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£2.4m
funding secured by Lancashire-based Gilberts Foods with potential new jobs
Lancashire-based Gilberts Foods, which supplies meat
and poultry dishes to the wholesale, food service and retail sectors, is
expanding its export business after securing £2.4m funding from HSBC. It
already exports to Australia and is expanding to Europe and India. The
expansion could create employment opportunities. £10m turnover, 65 employees.
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AJB
Group refurbished workshop brings new jobs
Leicestershire joinery company, AJB Group has
invested £1m in its workshop to help the business accommodate its growing
order book. The financial support has
been provided by Barclays to refurbish the workshop, creating new jobs for
local skilled craftsman.
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Chief
Executive to retire and successor appointed at Marshalls
Marshalls, the Yorkshire-based hard landscaping
specialist has appointed Martyn Coffey as chief executive designate, with
effect from 9 September 2013. He will take over operational responsibility
from current chief executive Graham Holden on 10 October 2013, when Mr Holden
will retire from the role. Turnover £334.1m, 2,360 employees.
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Bank
funding secured Poundworld Retail to open 100 more stores
Poundworld Retail has secured funding from Barclays
to support its strategic growth plans.
The company has 214 stores nationwide and plans to open a further 100
stores over the three years to 2017, with new jobs expected. It also plans to
diversify its product ranges. 4,300
employees, £290m turnover.
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UKFast
appointing acquisition team in business growth strategy
UKFast, the Manchester-based cloud-computing
specialist, is to seek an acquisition to take its growth to a new level. It is appointing an acquisition team and is
in talks with a number of people with backgrounds in private equity and
corporate finance. £20m turnover, 120 employees.
Penny Winter – The UK Knack Group
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Wednesday, 26 June 2013
The UK Knack Group Reviews Today’s Events ……
