Top 10 must-reads including tax scams, LUFC takeover bids and more…

IN an unsurprising turn of events, rumours are circling of a takeover bid at beleaguered football club Leeds United.

With fans unimpressed, a stadium they don’t own, employment tribunals in abundance and a chairman that treats his tax affairs like an overdue phone bill, maybe it’s about time Leeds got a change of ownership.

This week the Bank of England cut interest rates in a slightly anticlimactic announcement, seeing as we expected it last month. Despite this, it was the first time in seven years it has been cut, and to an historic low.

The BoE indicated that it may be cut again before the end of the year putting pressure on banks to make sure they pass lower borrowing costs onto consumers. Watch this space.

1. Administrators called in at £23m-turnover contractors

2. Bank of England cuts interest rates to historic low

3. £43m takeover at Endless-backed outsourcing business

4. Historic mills in 75,000 sq ft office transformation

5.Motor group creates 100 jobs with latest acquisition

6. Nightclub set to be transformed into £1m Harrogate restaurant

7. £100m bid in the works for Leeds United

8. Prison sentence for electrical boss as spark goes out on VAT scam

9. Manufacturer back in the black with £9m profit hike

10. £45m hydraulics business snaps up Yorkshire firm