BDO Yorkshire Report 2014: Cash levels at Yorkshire’s top 150 storm past £10bn mark

YORKSHIRE’S largest 150 companies have amassed more than £10.4bn cash in the bank, according to analysis from accountancy and business advisory firm BDO in Yorkshire.

Companies’ war chests have increased sharply by 22% on last year’s figures, with cash reserves now at their highest level since 2007, providing a sure fire signal that M&A activity could flourish over the next few years.

Yorkshire’s biggest businesses have also boosted growth prospects by increasing investment by a furthe... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...