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Tuesday 2 August 2011

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Top story

Moneysupermarket pays out £20m as profits jump

Moneysupermarket.com, the comparison site operator, will pay £20m in a special dividend to shareholders after racking up a 300 per cent rise in pre-tax profits to £12.5m in the first half of 2011. The company, based in Ewloe, said today that revenues grew by 28 per cent to £91.7m compared with a year earlier, driven in part by sponsorship of Britain’s Got Talent.   READ MORE...

 
Deals

Euro Garages adds £110m to its tank as sales rise

Fast-growing petrol forecourt operator Euro Garages had secured a £110m funding agreement as it looks to expand its garage empire. The company, based in Blackburn, has also revealed that annual sales have hit the £300m mark.   Read More...

Lewis's moves for TJ Hughes assets

Administrators of collapsed Liverpool discount chain TJ Hughes have sold four stores in a deal that has saved 442 jobs.   Read More...

Metrolink operator sold to French group

Stagecoach Metrolink, which operates and maintains the Manchester Metrolink tram network, has been sold to French-owned Ratp Développement.   Read More...

Azullo nets syndicate backing

The North West Fund 4 Digital & Creative has joined private investor Joel Rosenblatt to take a minority equity stake in Lancaster web-based products business Azullo.   Read More...

 
Business

Etihad opens new Manchester hub

Etihad Airways has continued its march into the North West by launching a second daily flight to the Middle East and a new aircraft maintenance hub at Manchester Airport.   Read More...

DRL wins Wincanton case after appeal

Bolton-headquartered online white goods retailer DRL has said it has been successful at the Court of Appeal following a dispute with logistics giant Wincanton Group.   Read More...

Glee brings joy for Manchester hoteliers

The cast of Glee's two-night residency at the MEN Arena helped Manchester secure its highest ever hotel occupancy level for June, according to Visit Manchester.   Read More...

42 under 42 - who should we include?

Insider is once again searching for its annual crop of young entrepreneurs and business leaders we think will be stars of the future.   Read More...

 
Property

Capital Shopping Centres pleased with Trafford Centre deal

Footfall has increased by 8 per cent at Manchester's Trafford Centre since it was bought in a controversial deal worth £1.6bn earlier this year.   Read More...

Plans in for Brazennose House redevelopment

A planning application to demolish and rebuild Brazennose House in Manchester city centre has been submitted by real estate fund manager Prupim.   Read More...

Manchester's industrial still 'hot' – DTZ

Manchester's prime industrial market is now the only market in the UK rated as 'hot' by the DTZ Fair Value Index.   Read More...

 
Other News

Gift Pack toasts funding boost

A&B moves for CIB

Manufacturing hits two-year low

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Insider Features

Tague on Tour: Better bring your ‘A’ game

Tague on Tour: Better bring your ‘A’ game
Just how pressing is the need for Grade A space in Manchester? Neil Tague looks at the city's offering to find out.

  Ask the Expert: Benefits of international trade

Ask the Expert: Benefits of international trade
Clive Drinkwater, director - North West at UK Trade & Investment, advises businesses on why overseas markets could improve their bottom line.

  Business Matters: Forget the fluff, where’s my ROI?

Business Matters: Forget the fluff, where’s my ROI?
Emma Williams, account director and head of business to business at Peppermint PR, discusses how to measure ROI in PR.

 

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