Northern Hub plans are ‘essential’, says Stopforth

Insider’s campaign to attract major investment into the northern rail network received a boost yesterday as three big guns from the private sector threw their weight behind the project. Speaking at Insider’s Logistics breakfast in Liverpool Jack Stopforth, chief executive of the Liverpool Chamber of Commerce, said the £530m Northern Hub “was absolutely essential to the importance of rail in the city region”, and made the case for the North West.

CoorsTek moves for Flowguard

CoorsTek, a US manufacturer of high-performance plastic components, has acquired pressure control business Flowguard, based in High Peak near Buxton. The financial terms of the deal have not been disclosed.

Bridgepoint backs BAS buyout

Bridgepoint Development Capital has backed a management buyout of Building Automation Solutions (BAS). The Altrincham-based company, founded in 2006 following a buyout from Siemens, helps businesses reduce their energy costs and consumption. Managing director Brin Sheridan led the buyout.

Thornber completes Busby deal

Clitheroe textile company Thornber Home & Leisure has completed its second deal in as many months with the acquisition of Dorset fabric producer Busby & Busby from administration.

Promethean to miss expectations

Lancashire education technology group Promethean World this morning warned that its full-year results will be below market expectations.

SuperPort key to Liverpool investment

Branding Liverpool as a ‘super port’ will be key to attracting investment, according to Peter Nears, strategic planning director at Peel Holdings. Speaking at Insider’s Logistics breakfast in Liverpool yesterday, he defended plans to maximise the city’s maritime assets through the scheme.

Come and talk to me, says Heseltine

The government’s door is open regarding the new £1.4bn Regional Growth Fund, its chairman, the Tory grandee Lord Heseltine, said yesterday.

Something for the weekend

This week: Presents of mind; fight for your right to party; and art of the matter.

Complete Set of Top 500s - Purchase all Six

You can now purchase Insider’s Complete Set of Top 500 Companies 2010/2011 Databases at an exclusive promotional rate: A bundle of our accurate and comprehensive regional business marketing lists - featuring six UK regions. Special promotional offer expires 31 January 2011.

Pochin wins Waitrose work

Pochin Special Projects, part of Cheshire property croup Pochin’s, has been awarded a £263,000 contract to prepare the unit which will house a new Waitrose store in Knutsford.

Derbyshire Booth relocates in Leyland

Lancashire independent financial adviser Derbyshire Booth Financial Management has relocated to new premises in Leyland after securing a £150,000 loan from The Co-operative Bank.

Advance Filtration in at Chancerygate scheme

King Sturge has sold the last remaining unit at Chancerygate’s Trafford Park Business Centre in Manchester to Advance Filtration Systems. The unit is 3,021 sq ft and forms part of a single terrace built in April 2008.

Tague on Tour: First among equals

The First Street area of Manchester city centre is set for a revamp after a £19m project was unveiled. But will it be a success? Neil Tague investigates.

In Focus: John Whittaker and world domination

Michael Taylor explains why the "sale" of the Trafford Centre is a massive leg up for Peel and part of a shrewd strategy by John Whittaker to realise value.

Due Diligence

AJ Karwa, associate director at Grant Thornton, is the latest expert in our guide to Buying a Business. AJ is discussing due diligence, a vital step in the purchase.

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