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Top story
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Liverpool’s West Tower enters administration
The business behind West Tower, the tallest building in Liverpool, has been placed in administration. The 40-storey building was completed in 2008 by developer Beetham and stands on Brook Street, overlooking the city's waterfront.
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Deals
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Paver Smith becomes LLP after pre-pack
Liverpool PR agency Paver Smith has gone through a pre-pack administration to become a Limited Liability Partnership (LLP). Jon Brown, the agency’s former head of strategy, has been appointed as the firm’s first managing partner. Insider understands that all suppliers who are owed money by the limited company will be paid.
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100 jobs secured after LMS sale
About 100 jobs have been secured at Ellesmere Port conveyancer LMS Holdings after the business was bought out of administration.
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Business
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Liverpool's 'Big Society' in tatters
Liverpool was “wholeheartedly” committed to the government’s Big Society vision but was let down by broken promises, according to city council leader Joe Anderson. In a two-page letter to Prime Minister David Cameron, he said the authority had withdrawn its support for the project after being overwhelmed by local spending cuts and Whitehall’s failure to remove “problems and blockages”.
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Ryanair launches two JLA routes
Ryanair is to fly two new routes from Liverpool John Lennon Airport (JLA). The budget airline will operate twice-weekly flights to the Greek islands Kos and Rhodes.
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Eight businesses make Buyout Track
Eight companies in the North West have made it into the annual Sunday Times Deloitte Buyout Track 100, the list of UK private equity-backed businesses with the fastest-growing profits over the past two years.
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JJB needs £110m over next 12 months
Cash-strapped retailer JJB Sports would require an additional £110m in order for it to trade for another year under its current business model, it has been revealed. The Wigan-headquartered company, this week the subject of a possible takeover by rival JD Sports Fashion, said it is in danger of running out of cash by the end of March unless it secures additional finance.
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Canter Levin and Berg secures LSC contract
Liverpool law firm Canter Levin and Berg has won a new contract from the Legal Services Commission (LSC) which will enable it to provide legal representation to prisoners across the UK.
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Something for the weekend
This week: Owen a fortune; Pack your bags and go; weight just a minute; and National Sickie Day.
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Property
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Four in at Liverpool One
Calvin Klein is to open its first store in Liverpool later this year – one of four new retailers moving into Grosvenor’s Liverpool One.
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Orbit on the pace in Aintree
Orbit Developments has secured a trio of lettings at Aintree Racecourse Business Park in Liverpool. Home improvement chain Toolstation, vacuum coated products manufacturer Dibro and Kier Building Maintenance have all signed up for space.
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Brook Group submits plans for Odeon site
The Brook Group has submitted a planning and listed building consent application to Cheshire West & Chester Council for the conversion of the former Odeon cinema on Northgate Street into a new mixed-use scheme.
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Last few tables for Liverpool dinner as Property Awards sell out
The last few remaining tables are still available for Insider’s Merseyside Property Dinner on 23 March, but tables for the 13th Insider Property Awards North West are now sold out – a full four months before the event.
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