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Top story

EXCLUSIVE: Peel to submit Atlantic Gateway LEP plan

Peel Holdings is about to throw open the whole structure of economic development in the North West with an audacious bid to the government next week for a local enterprise partnership plan based on its Atlantic Gateway project, Insider understands.

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Deals

Site Electrical fits for Eric Wright

Eric Wright Group, the Lancashire contractor and developer, has expanded its civil engineering division with the acquisition of Bury-based Site Electrical. The deal adds 88 staff and three offices to the Eric Wright Civil Engineering (EWCE) business.

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Business

RBS to cut more North West jobs

Royal Bank of Scotland is to cut 3,500 jobs across the UK, with 12 offices under threat of closure in England including its operations in Bolton and Liverpool. The move puts more than 500 jobs in the region at risk.

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Dave Whelan: give youth a chance

Retail tycoon and Wigan Athletic chairman Dave Whelan last night placed himself at the heart of the government’s Big Society project by calling on businesses in the North West to back lads and girls clubs in locations around the region. Speaking at Insider’s Leaders Dinner at the Lowry Hotel, he said Wigan Lads Club saved his life as a young rogue in the post-war years and many young people need that same direction now.

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Martin Yaffe collapsed owing £2.5m

Rochdale toy company Martin Yaffe International, which went into administration in July, collapsed owing more than £2.5m. The details are contained in a creditors’ report filed at Companies House by administrators from Leonard Curtis.

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Steady first-half for ServicePower

Stockport systems management company ServicePower has reported a first-half of “steady progress” after returning to profit. The company posted a pre-tax profit of £679,000 for the six months to 30 June, up from a loss of £2m for the same period a year earlier.

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Something for the Weekend

This week: When skies are grey, poster power in Blackpool, hair of the dog and pulling the plug.

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Join our business community…

Take advantage of Insider’s Membership package: Insider magazine, events, business guides, exclusive online content and Insider partner offers. Special introductory offer until 30 September 2010.

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Insider Business of Media Summit 2010 – last few tickets remaining

Leading figures from the North West business community will meet at The Lowry in Salford on Tuesday 21 September for the second Insider Business of Media Summit. The event will feature presentations from a selection of the North-West’s most exciting and fast growing media businesses and a keynote address from Philip Coen, chief operating officer of In the City. Click here for details.

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Property

Funding boost for Rochdale development

The £250m revamp of Rochdale town centre has secured a major funding boost from a Japanese property investor. Manchester-based Genr8 Developments, Rochdale Borough Council's regeneration partner, has struck a deal with Kajima Partnerships that will see a £100m injection of funding.

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GVA Grimley expands niche division

Property consultancy GVA Grimley has recruited Neil Lovell-Kennedy to its specialist rights of light and party wall division GVA Schatunowski Brooks. He will be based in the firm’s Manchester office and moves from Edmund Kirby in Liverpool.

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Manchester set for new academies

Five new academies and two new schools are set to open in Manchester next week – the first new secondary schools in the city for more than 25 years. The buildings are part of the now scrapped Building Schools for the Future programme.

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Other News

Terry Christian to return as Mr Nasty

The Scott Partnership makes China move

Epistem signs Japanese agreement

Creative Concern to foster care project

Smoking start for Guttridge

Community

In Focus: Ahsan Ali Syed, remember the name

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The leading bidder to buy Blackburn Rovers FC is facing scrutiny of his business, but it's made him well known. Michael Taylor asks if there are echoes of Michael Knighton.

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Tague on Tour: The legal merry-go-round

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August’s supposed to be a slow month for property’s deal-doers. But then it’s not every year a big law firm that occupies a big, still new grade A building in the heart of the city centre goes spectacularly bust, writes Neil Tague.

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