In Brief
RETAIL: Eight supermarkets have agreed to make special offers and price promotions fair.
Aldi, The Co-operative, Lidl, Marks & Spencer, Morrisons, Sainsbury's, Tesco and Waitrose have agreed to ensure promotions are fair and meaningful for customers.
It is in reply to an investigation by The Office of Fair Trading (OFT), which raised concerns about prices being artificially inflated to make later discounts look more attractive.
OFT chief executive, Clive Maxwell, said: "Household budgets across the country are under pressure and shoppers should be able to trust that special offers and promotions really are bargains.
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"Prices and promotions need to be fair and meaningful so shoppers can make the right decisions.
"Nowhere is this more important than during regular shopping for groceries, which accounts for 44 per cent of household spending."
FINANCE: Business funding is now available for the region's small and medium enterprises.
The ECS Group has announced the immediate availability of an initial £6m asset-backed loan fund. The focus is to provide finance to assist the acquisition of income generating assets.
Andrew Craggs, ECS Group managing director, said: "ECS Group have been helping local SMEs for more than 14 years and the lack of funding support for the SME sector in the Yorkshire and Humber in recent years led to the creation of our new funding facility.
"We assess clients on an individual basis, taking time to understand their operation, the management structure and rationale for the application, which enables us to provide funding where computer-based lending models would not be supportive."
APPOINTMENTS: Workplace experts Acas has appointed Peter McGee as its new regional director for the north of England.
Mr McGee previously oversaw Acas operations in the Yorkshire and Humber region, but now has responsibility for their work in the North West, North East, Yorkshire, Lancashire, Cumbria and Humber regions.
Mr McGee is a law graduate who grew up in Belfast.
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