Latest news with #York-based
Yahoo
08-07-2025
- Business
- Yahoo
York firm raises £2 million to fuel growth
York-based life sciences company, Aptamer Group, has raised £2million from a placing of shares. Aptamer is a leading innovator in developing its Optimer® binder technology, which is being developed for a range of medical treatments. In the past year, the company reports strong commercial progress, winning a range of fee-for-service contracts. It has also extended its intellectual property portfolio. Several of these assets have progressed towards licensing, notably a swine vaccine and an Alzheimer's diagnostic, both of which are advancing to licensing agreements. RECOMMENDED READING: Aptamer Group reports progress on Fibrosis research Unilever signs up with Aptamer on body odour product trials Aptamer Group releases latest interim half yearly results Aptamer also reports further progress with its Optimer® delivery platform, being used for liver treatments. The share placing will enable Aptamer to accelerate the commercialisation of its Optimer® technology, further develop its intellectual property portfolio, and advance its licensing pipeline. The extra cash will also support ongoing R&D, expand fee-for-service capabilities, and strengthen the Company's position as a leader in the global aptamer market, driving long-term value creation for shareholders, it said.
Daily Mirror
03-07-2025
- Business
- Daily Mirror
Premier League legend faces financial probe following bankruptcy woes
Former Newcastle United, Sunderland and Fulham player Lee Clark, 52, was made bankrupt following a claim brought by a York-based finance firm called One Stop Business A former Premier League star who has been declared bankrupt now faces an interview by financial investigators. The Mirror told how Lee Clark, 52, who played for Newcastle United, Sunderland and Fulham, was made bankrupt after a claim by a finance firm called One Stop Business based in York. The former midfielder's assets are being frozen under the control of the Insolvency Service. His bank accounts, savings and other valuable assets could be used to pay his unsecured creditors if he does not address the debt. The Insolvency Service investigators will now quiz him about his assets, including his £2m mansion in Jesmond, Newcastle, to see how he can meet his debts. A Mirror probe revealed that Clark's property company had paid One Stop the proceeds of a sale of a development in Wigton, Cumbria, a sum of £314,000. But he was made redundant over a loan to him as an individual. His previous companies and this personal insolvency are not linked. The investigators will prepare a report for Lee's creditors, in this case One Stop Business Finance. He will remain bankrupt for 12 months unless he can repay the debt. He may enter into an Individual Voluntary Payment (IVA) agreement, following in the footsteps of Katie Price, Lawrence Dallaglio and Rob Cross, the darts player. If he has money in his accounts to settle the debt, the insolvency service can take it in order to pay his creditor. Fellow sports stars Bradley Wiggins, Frankie Detorri, Lawrence Delagllio, John Barnes and the darts player Rob Cross have all been declared bankrupt in recent months. sport stars receive financial advice and just go along with it. Cross set about making it right and entered into an Individual Voluntary Arrangement to repay the money. He said: "It's not the proudest moment of my life. I've done wrong, and I'll hold my hands up to it. "Going down this route with the IVA to pay the money back means I'm not make mistakes in life. Frankie Dettori, one of the most successful and popular racing figures of recent decades, said that he was 'saddened and embarrassed' at being forced to file for bankruptcy having failed to resolve a dispute over unpaid tax with HMRC. Dettori was revealed to be in dispute with HMRC over a scheme to reduce his income tax payments in December 2024, when an injunction to prevent him being named was lifted following an application by HMRC and media organisations. Dettori said in a statement. 'Regretfully, I will be filing for bankruptcy. I am saddened and embarrassed by this outcome and would advise others to take a stronger rein over their financial matters." Asked about being made bankrupt, he said: "I have no idea," before going back into the property. When we called again, he added: "I have no comment to make. I know nothing. Don't keep pressing the buzzer." Clark, who made over 200 appearances during two spells at Newcastle United, also enjoyed successful promotions into the Premier League with Fulham and Sunderland. He played more than 400 top flight games and represented his country with England under 21s. He made a high profile £2.5m move to Sunderland in 1997. But he angered their fans during his time under manager Peter Reid. He was spotted wearing a T-shirt bearing a derogatory slogan aimed at 'Sad Mackem B******s' at the 1999 FA Cup final. He did not play for the club again. He then moved to Fulham before a brief return to Newcastle Utd. After his playing career ended in 2006, he was manager at Huddersfield, Birmingham City and Blackpool and also had spells in Sudan and Oman. He also worked as at TV pundit, including stints with the BBC. His son Bobby played for Liverpool before joining RB Salzburg.
The National
27-06-2025
- Business
- The National
Plans for 550-megawatt AI centre with 2000 jobs at ex-Ravenscraig steelworks
Developers hope the proposals will bring thousands of new jobs and billions of pounds of inward investment to the area. Edinburgh and York-based renewable energy developer Apatura has proposed to develop a major data centre with battery energy storage on 160 acres at the post-industrial site, located in central Scotland, less than 20km east of Glasgow. It will be powered by 550 megawatts of grid connections due to come online by 2030. READ MORE: Will the BBC televise Kneecap's Glastonbury performance? How to watch Ravenscraig is one of five sites Apatura is progressing across Scotland's central belt. The developer has said it would be a "green AI data centre," using constrained wind and solar generation that's "often wasted on windy, sunny days". The Ravenscraig Steelworks closed in 1992, and is now one of Europe's largest brownfield regeneration and community creation initiatives. Apatura is working closely with North Lanarkshire Council and site owners Ravenscraig Ltd to advance the proposal. It is estimated the project will cost £3.9 billion to build and an independent socio-economic study calculated that the centre would contribute an additional 0.4% to Scotland's annual GDP once operational, with construction activity delivering a one-off £1.2bn GVA (gross value added) boost, supporting over 16,000 job years across Scotland. The ongoing annual GVA contribution is estimated at £729 million, supporting 2399 long-term jobs (direct, indirect, and induced). Commenting on the bid, Apatura CEO Giles Hanglin said: 'This proposal plays strongly to Scotland's strengths – in green energy, in AI, in education and in skills – and would complement the country's significant capabilities in big data and research. 'We've secured the land and grid, and we're already working closely with relevant organisations locally and nationally to make sure the benefits are widely felt. 'If we were selected as an AI Growth Zone it would be a significant endorsement of our ambition to make Scotland a powerhouse of green, AI-enabled digital infrastructure – starting with Ravenscraig and extending across the central belt.' Russell Wilkie, director of Ravenscraig, said: "This is an exciting opportunity for Ravenscraig to be at the forefront of green data centres which will transform Scotland's renewable power capabilities. With grid connections in place, land secured, and a delivery team aligned, we have a fully viable site within the Ravenscraig masterplan to meet the UK's AI infrastructure needs. 'This multi-billion pound investment project is a platform for national progress, combining energy, digital infrastructure, and regional innovation to create tangible economic and social benefits for Scotland and for the wider UK economy,' Wilkie said. Development is also earmarked for the site to the east of the Wishaw Deviation freight railway line, and the remaining vacant employment land, known as SevenFourEight. Strategically positioned within the Ravenscraig masterplan and with direct access to both the M74 and M8 motorways, SevenFourEight is a key industrial and business centre in Scotland's central belt. Ravenscraig has secured support from North Lanarkshire Council over the years, including a new £74 million access road being delivered by the council.
Fashion Network
18-06-2025
- Business
- Fashion Network
Authentic names new global marketplaces head from Amazon
Major global brand development and licensing platform Authentic Brands Group has announced the appointment of Tim Derner as global head, marketplaces. The new York-based executive steps into he role with immediate effect and joins Authentic after more than a decade of leadership experience at Amazon. He was most recently director of Amazon Fashion and Luxury Stores and we're told that during his tenure, he 'played a pivotal role in transforming Amazon Fashion into the world's largest fashion retailer'. And he's had close links with Authentic in recent years, partnering with the business to 'significantly expand the online presence and retail sales of its brands in Amazon stores, such as Reebok, Brooks Brothers, Eddie Bauer, Aéropostale and many more'. Now, in his new role, he'll 'spearhead the expansion of Authentic's global distribution strategy, with a focus on strengthening partnerships, accelerating brand reach and driving incremental value across platforms'. The chain of command sees him reporting to Matt Maddox, president, and working closely with chief digital officer Adam Kronengold and global president, sports & lifestyle, Jarrod Weber 'to drive innovation and scale Authentic's brands across key markets'. It's clearly a pivotal role given the importance of marketplaces in modern fashion retail and Maddox said that they're 'a critical engine for long-term brand growth. Tim's track record of building high-performing teams and scaling digital marketplaces worldwide makes him the ideal leader to deepen our capabilities in this space. His appointment marks a significant step in making this channel a cornerstone of our global distribution strategy'. Authentic also said that its investment in its marketplaces division 'underscores its commitment to a diversified, omnichannel approach that connects powerful brands with consumers worldwide. Derner's appointment signals a significant milestone in this initiative, reflecting Authentic's commitment to thinking globally and acting locally to unlock new market potential'.
Fashion Network
18-06-2025
- Business
- Fashion Network
Authentic names new global marketplaces head from Amazon
Major global brand development and licensing platform Authentic Brands Group has announced the appointment of Tim Derner as global head, marketplaces. The new York-based executive steps into he role with immediate effect and joins Authentic after more than a decade of leadership experience at Amazon. He was most recently director of Amazon Fashion and Luxury Stores and we're told that during his tenure, he 'played a pivotal role in transforming Amazon Fashion into the world's largest fashion retailer'. And he's had close links with Authentic in recent years, partnering with the business to 'significantly expand the online presence and retail sales of its brands in Amazon stores, such as Reebok, Brooks Brothers, Eddie Bauer, Aéropostale and many more'. Now, in his new role, he'll 'spearhead the expansion of Authentic's global distribution strategy, with a focus on strengthening partnerships, accelerating brand reach and driving incremental value across platforms'. The chain of command sees him reporting to Matt Maddox, president, and working closely with chief digital officer Adam Kronengold and global president, sports & lifestyle, Jarrod Weber 'to drive innovation and scale Authentic's brands across key markets'. It's clearly a pivotal role given the importance of marketplaces in modern fashion retail and Maddox said that they're 'a critical engine for long-term brand growth. Tim's track record of building high-performing teams and scaling digital marketplaces worldwide makes him the ideal leader to deepen our capabilities in this space. His appointment marks a significant step in making this channel a cornerstone of our global distribution strategy'. Authentic also said that its investment in its marketplaces division 'underscores its commitment to a diversified, omnichannel approach that connects powerful brands with consumers worldwide. Derner's appointment signals a significant milestone in this initiative, reflecting Authentic's commitment to thinking globally and acting locally to unlock new market potential'.
