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Simon Raine has joined Bank of Scotland as the new director for large corporate business across the north. He will be working for corporate director Tim Murphy who is building a team ready to pick opportunities once the credit crunch eases. Raine has joined from Handelsbanken and is "the first of many" heavyweight appointments for Murphy since his shock move from Deloitte to Bank of Scotland in May. 
Frankly speaking Nationwide Franking Sense, a Bolton company that supplies postal franking machines to customers across the UK, has secured a £1m funding package from The Royal Bank of Scotland to expand its leasing operations. The family business, founded 16 years ago, plans to use the funding to grow the size of their leasing book and aims to increase turnover from £3m to £5m in the next two years.
Nice one centurion Media group Ten Alps has acquired Twenty First Century Media, an online video production specialist based in Newcastle-upon-Tyne. Ten Alps, which has offices in Manchester, Macclesfield and London, will pay an initial £200,000 with further payments over two years against the delivery of certain tiered profit targets, reaching a maximum of £750,000. Twenty First Century has produced video content for corporate and public sector clients including Nike, Sage, The NHS and The Prince's Trust.
The government has signed a £4bn aircraft carrier order with BAE Systems and VT Group that will mean £300m of work over five years for Barrow-in-Furness. But only about 400 jobs will be created there for contract workers, rather than the 700 hoped for, as preliminary works will be done in Newcastle. About 130 staff in Barrow are already working on the carrier's design stages, with steel work expected to start in autumn 2009. The deal means a return to building surface ships in Barrow for the first time since 2004, although BAE's core workforce will still concentrate on Astute class submarines.
Dunn deal as shares slide at Darwen Fresh from completing the reverse takeover of Yorkshire bus company Optare for £16m, bus builder Darwen Group has appointed Mike Dunn as its new chief financial officer. He has held similar roles with Hydratight, Airbath Group and most recently Lynx Technology. But shares in AIM-listed Darwen slumped 29 per cent this morning to 22p as North East electric vehicle manufacturer Tanfield continued to suffer from a share collapse as a result of deterioration in trading and poor cash flow. Like Darwen, Tanfield was founded and is chaired by Roy Stanley.
Profits up at NCC Manchester-based NCC Group, a supplier of IT assurance, security and consultancy services, has posted a 29 per cent rise in adjusted pre-tax profit to £10.5m for the year ending 31 May. Group revenue increased 41 per cent to £35.7m. Chief executive Rob Cotton said the business is confident the group is insulated against any downturn, given its range of services. He added that total orders and renewals this year so far stand at £26.9m. During the last financial year NCC acquired Secure Test and Escrow Europe.
A sign of success for Bacup business A Lancashire franchise business set up to teach sign language has won a place in the final of a business awards for people who have overcome adversity. Talkfirst was set up by Bacup entrepreneur Julie Ryder, who began to lose her hearing in 2001. The North West final of the Barclays Trading Places Awards took place yesterday at the Lowry Hotel in Manchester. The final is in September and will be held in London.
Three Manchester projects won awards at the British Council for Offices' northern awards dinner, held at the Crowne Plaza in Liverpool last night. Although the strongly-fancied Spinningfields failed to woo the judges, the best fit-out prize was won by Network Rail's Square One office, developed by Bruntwood and fitted by Overbury. Wrather Group's Zenith in Spring Gardens won the best refurbished workplace category, ahead of Magnus' Ropewalks in Macclesfield, while the best workplace under 200 sq metres was won by Overbury's office within Zenith, ahead of Nikal's MyBuro. The winners go forward to the national awards in October.
Ainscough heads for Wales Ainscough Johnston, a strategic land company backed by Martin Ainscough, has bought a 30-acre North Wales aluminium factory site, disused since August 2007, from administrators KPMG and announced plans for a residential-led scheme. Nigel McGurk, managing director of Ainscough Johnston, said: "The Dolgarrog aluminium site is in a stunningly beautiful part of the country, but the village has suffered from the decline of the factory around which it grew." The company plans include affordable housing and supporting leisure uses.
Eureka at Europa First Investments' industrial portfolio at Europa Trading Estate in Kearsley, Bolton, has reported continued success during the past year, attracting four new leases and a series of lease renewals, accounting for almost 60,000 sq ft of industrial space at an annual rental of almost £250,000. Industrial foam cutting company Pathfinder Fox relocated to a 8,140 sq ft facility from a smaller property on site and is already looking for a third facility.
Care and share for Orbit Orbit Developments has let the last unit at Wilmslow House on Grove Way, Wilmslow, to non-profit organisation Telecare Services Association (TSA). TSA is the representative body for the UK telecare industry, which enables older or more vulnerable individuals to live independently in their own homes.
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