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Insider News - North West - Liverpool Edition
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Top story

Sentinel changes hands in £43m deal

Runcorn-based Sentinel Performance Solutions, which supplies residential heating and hot water system treatment products, has been sold as part of a £43m deal. The company has been bought by Electra Partners from private equity firm The Riverside Company.

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Deals

A&P Group bought by Peel and Cammell Laird directors

Ship repair and engineering company A&P Group, which owns three shipyards in England, has been bought by Atlantic & Peninsula Marine Services. The shareholders of Atlantic & Peninsula are Peel Port Holdings and private investors including directors of Merseyside-based Cammell Laird.

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AIMES secures Technology Strategy Board cash

Liverpool technology company AIMES Grid Services has secured funding of £150,000 from the government-backed Technology Strategy Board. The cash will be used to launch a cloud computing project aimed at the UK’s medical research community.

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Indian acquisitions on the rise, says Grant Thornton

There was a sharp increase in Indian takeovers in the UK last year, according to merger and acquisition statistics from accountancy firm Grant Thornton. Indian companies announced 24 deals targeting UK assets valued at £571m last year.

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Business

Northern Hub is ‘top priority’ – Higgins

Network Rail’s newly appointed chief executive David Higgins has told the House of Commons' Transport Committee that the £530m Northern Hub proposals are the company’s “top priority”. Higgins, who took over at Network Rail last month, said the plans were “absolutely essential” to economic growth in the North of England.

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Balls set for Liverpool visit

Shadow chancellor Ed Balls is to lead a delegation of shadow cabinet ministers to Liverpool later this week. The delegation will attend a Downtown Liverpool in Business event tomorrow at the Sir Thomas Hotel.

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Ph Creative makes Peak appointment

Liverpool online marketing agency Ph Creative has appointed Siân Peak to lead its Manchester operation. Managing director Bryan Adams will continue to work across both bases.

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Deadline extended for Big Chip Awards

The deadline for this year’s Big Chip Awards for companies in the North West and beyond excelling in the use of digital technology has been extended from 7 March to 14 March 2011.

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Property

Countryside starts Norris Green scheme

Countryside Properties has started work on the first of a £200m six-phase regeneration scheme in Norris Green, Liverpool. Construction on the first 60 homes of the 170 properties to be built within the first phase is now underway, following funding from the Homes and Communities Agency (HCA).

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£4.8m plans revealed for Toxteth

Plans to create a £4.8m combined sports centre and fire station in Liverpool have been announced. The scheme involves demolishing Toxteth Sports Centre and relocating Toxteth Fire Station to a new building.

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Nobles notches eight wins

Nobles Construction, based in Liverpool, has secured eight contracts worth £8m this year. The deals are predominantly for work in the health and education sectors.

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Abode finds new home in Crosby

Estate agent Abode has taken 2,000 sq ft of space on Liverpool Road, Crosby, in the former home of the Crosby Herald Newspaper.

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Community

Tague on Tour: The space race

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There’s a lot of talk in property circles about Manchester’s under-supply of grade A space - but is there more to this than meets the eye, wonders Neil Tague.

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In Focus: Time to stop bank bashing?

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A campaign called Doing Business Together asks businesses to understand the needs of banks. Michael Taylor asks if this is the right way of looking at the problem.

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