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Top story
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Piccolino owner confident despite widening losses
The owner of restaurant chains Piccolino and Restaurant Bar & Grill has said it is confident of the brands' trading potential despite posting widened pre-tax losses of £1.8m. In its results for the year to 31 December 2010, the Individual Restaurant Company, which made a pre-tax loss of £872,000 last year, also reported reduced revenue of £51.3m, down from £53.3m in 2009.
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Deals
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Deal of the month: Sale of Fourth Hospitality to ECI
Insider's deal of the month for March is the sale of software as a service company Fourth Hospitality to ECI in a deal that values the business at £50m.
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Business
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Burton’s ‘open-minded’ about Wirral plans
Burton’s Foods, which is planning to close its Wirral biscuit factory with the loss of 342 jobs, has said it will look at alternative plans to keep it running “with an open mind”. The company announced in January that it wanted to close its site in Moreton following a review of the business.
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Think adds two
Liverpool PR and marketing agency Think Publicity has secured two new client wins. The business wins follow the launch of a company office in London.
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Weightmans wins employer award
Liverpool law firm Weightmans has joined 57 other companies in the country to be certified as one of Britain’s Top Employers for 2011 in the annual assessment by the Corporate Research Foundation (CRF) Institute.
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Ryanair starts Toulon flights
Ryanair has started flights to French coastal town Toulon from Liverpool John Lennon Airport (JLA).
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Manufacturing activity growth slows
Manufacturing activity growth slumped to a five-month low in March while businesses put prices up to cover soaring costs. The Markit/CIPS Purchasing Managers' Index revealed the figures.
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Gain new business contacts…
Insider’s North West Top 500 2011 database is our accurate and comprehensive business marketing list, providing you with the strongest contacts for the region’s biggest companies. Order now and receive a 30 per cent discount or request a free sample now (offer expires 30 June).
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Property
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Iliad wins approval for Liverpool scheme
Iliad's plans for a 262-bedroom student accommodation scheme in the Ropewalks area of Liverpool have been granted planning consent.
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Caspian House comes to the market
Atlantic Park’s Caspian House, which has undergone a £2.2m refurbishment, is now available to let. The site brings 35,000 sq ft of remodelled grade A office space to the Merseyside market.
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With towns across the UK vying for investment capital, what does the future hold for Burnley and how can it present a coherent case for cash? Neil Tague reports.
