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Thursday 2 June 2011

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Top story

Peel sets sights on Indian and South Korean investors

North West property giant Peel Group is to target investors in India and South Korea as it bids to get its massive Wirral and Liverpool Waters developments off the ground. Development director Lindsey Ashworth told Insider the company has already secured cash from an unnamed Chinese investor for the first phase of its proposed £100m International Trade Centre in Birkenhead and is now set to broaden its search. A planning application for all four phases of the trade centre will be submitted to Wirral Council today.   READ MORE...

 
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Negotiating tactics

Image Description HereWhen finalising the sale, don't expect to have it all your own way. Serial entrepreneur Keith Curran talks business owners through negotiating tactics.

 
Deals

The Hut beefs up with Myprotein deal

Fast-growing online retailer The Hut Group is targeting sales of £160m this year after snapping up Myprotein.com, a supplier of sports nutrition supplements. The deal is worth a reported £60m and continues the Northwich-headquartered company's bid to diversify its product range ahead of a likely Stock Market flotation.   Read More...

JD Sports buys fashion brands

Bury-headquartered JD Sports Fashion has added the fashion brands Peter Werth and Pink Soda to its portfolio after buying the assets of their parent company out of administration.   Read More...

Search goes on for Daily Sport buyer

Administrators of tabloid publisher Sport Media Group (SMG) are continuing to search for a buyer for the Daily Sport having completed the sale of the Sunday Sport title to founder David Sullivan.   Read More...

Piccolino-owner to delist from AIM

Manchester restaurant chain Individual Restaurant Company (IRC), owner of the Piccolino and Restaurant Bar and Grill chains, is to delist from AIM after the vehicle set up to buy the company increased its stake to 75 per cent.   Read More...

 
Business

ANS Group to leave Plus

Manchester technology company ANS Group has announced plans to delist from the Plus market. It said the costs of the listing are no longer matched by the benefits.   Read More...

Melbourne targets revenue rise

Manchester server hosting provider Melbourne is targeting a 50 per cent increase in revenues this year after reporting a 30 per cent rise in 2010.   Read More...

Manufacturing grinds to 20-month low

Manufacturing output fell to its lowest level since September 2009, according to the latest Purchasing Managers' Index (PMI), as additional bank holidays and weak domestic conditions took their toll.   Read More...

 
Property

McInerney collapse leaves huge debt trail

Property developer McInerney Homes owed unsecured creditors more than £141m when administrators from KPMG were called in earlier this year, according to a new report.   Read More...

Mortgage market has bad April

Mortgage market activity slumped to its lowest level for four months in April, according to the Bank of England.   Read More...

Retailers flock to The Lanes

The Lanes shopping centre in Carlisle has reported a surge in lettings activity, with retailers including Peacocks and Orange taking space.   Read More...

 
Other News

Private equity-backed businesses 'not expecting' sale

Qatar Airways steps up Manchester service

Blackpool to lose tourism chief

Creative agencies launch law service

 

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