5 Must-Read Business News Stories from Yorkshire This Week
As we approach the end of the year, it’s time to catch up on the latest business news from Yorkshire. From investments to expansions, here are five stories that you can’t miss.
1. Leeds-Based Company Secures Investment to Expand Business
First up, Leeds-based firm Abacus has secured £2.5 million in investment to expand their online market research services. The company plans to use the investment to grow their client base and innovate further. This is exciting news for the company and the wider Leeds business community, as it shows that there is confidence in the city as a hub for tech innovation.
2. Sheffield-Based Manufacturer Announces Expansion to Create Jobs
In Sheffield, metalwork manufacturer Yorkshire Laser has announced plans to expand its premises and create 20 new jobs. The company has seen significant growth in recent years and is looking to build on that success with this expansion. This is great news for job seekers in the area and reinforces Sheffield’s reputation as a hotspot for manufacturing.
3. Hull Company Experiences Growth Despite Pandemic Challenges
Despite the challenges brought by the pandemic, Hull-based company Ryedale Group has announced strong growth in sales and profits. The company, which specializes in printing and packaging, has seen increased demand for its products as more people shop online. This is a testament to the resilience and resourcefulness of Yorkshire businesses in the face of adversity.
4. Bradford Banks On Regeneration Plan to Boost Local Economy
In Bradford, a new regeneration plan is being launched to boost the local economy. The plan includes investment in infrastructure and culture, with the aim of creating more jobs and attracting more businesses to the area. The plan represents a bold vision for Bradford’s future and highlights the potential for growth and prosperity in the region.
5. York Retailers Embrace Digital Transformation To Adapt To Changing Times
Finally, in York, retailers are embracing digital transformation to adapt to changing times. Many businesses have invested in online sales platforms and social media marketing to reach new customers and drive sales. This shift towards online retail has helped businesses to weather the storm of the pandemic and could have long-lasting benefits for the local economy.
Conclusion
These five must-read business news stories from Yorkshire show the varied and vibrant nature of the region’s economy. From tech innovation to manufacturing, packaging to retail, Yorkshire businesses are forging ahead with innovation, resilience, and ambition. As we enter 2022, it’s clear that the future is bright for this dynamic part of the UK.
