-
Insider Daily - business news from the North West North West Daily Business Insider Information Contact - info@newsco.com 0161 907 9711
    Home    |    Products & Services    |    Shop    |     Subscriptions    
Sponsored by Orbit Developments
Top story
Barratt to close Chester office
In yet another sign of the times for the property market, housebuilder Barratt Developments has announced plans to close its Chester office as the company looks to cut 1,000 jobs across the UK. The business will also shut an office Sheffield and merge a further eight divisions into four, reducing its total number of divisions from 32 to 26. It is thought that a consultation plan has now begun with staff on the job losses as it looks to reduce total headcount from 6,700 to 5,700 once the cutbacks are complete.
graphic
Today's news
Major investment in fire stations
A £66.4m programme to build 16 new fire stations across the North West has been given the go-ahead by The Department for Communities and Local Government. The facilities, to be built under the North West Fire and Rescue Service PFI project, will replace ageing and poorly located stations in Cumbria, Merseyside and Lancashire. Fire Minister Parmjit Dhanda said: "It's important that we have modern fire stations based at the heart of our communities, ones that welcome the public as well as keeping them safe."
graphic
On your marks at Lancaster
Lancaster University's new £20m sports facility has been approved by the city's planners. The sports centre forms part of the university's ongoing investment in its facilities, which has so far totalled nearly £300m. The design and development process has taken two years and the new centre will be accessible to staff, students, schools and the local community. Building will start in September 2008 and the centre will open in the spring of 2010.
graphic
Get to the Point
Point Developments is to build a £10m, 176-bedroom student accommodation scheme at the junction of Friargate and Great Shaw Street in Preston. The city council's principal planning officer Dave Linley said that, although some commercial premises would be lost by the required demolition, the scheme was necessary to support the University of Central Lancashire's growth plans, which are for 50,000 students by 2012.
graphic
Ernst & Young appoints new director
The Manchester office of Ernst & Young has recruited Andrea Harrison as a director - a key appointment for the firm's audit team. She joins after 13 years with KPMG, six of those spent in Dubai working with multinational companies based in the Middle East.
graphic
Something for the weekend
Deal of the week
Anyone who gets a deal done in the current climate deserves due recognition. The notoriously difficult hotel sector saw a top North West deal this week, when Cumbrian hotel Appleby Manor Country House changed hands for £1.5m, funded by The Royal Bank of Scotland. The 19th century property has been acquired by husband and wife team Mike and Angela Dunbobbin following the retirement of Mike's parents and major shareholders.
graphic
The first cut is the deepest
Professor Mark Ferguson, the energetic Ulsterman who runs scar treatment company Renovo says much of the success of the drugs has been because 5,000 people in Manchester have volunteered for clinical trials. Also, because he volunteers for every session himself: "It's one way of ensuring they get it right first time," he told guests at his Vital Topics lecture at Manchester Business School on Wednesday night.
graphic
View from the nationals

“Rome is burning and something must be done.” Sounds disastrous doesn’t it? These are the words of Martin Sinker, a campaigner against overdevelopment in Alderley Edge. The Times swooped on Cheshire to look at plucky villagers fighting the slack application of planning law, which in Alderley and Prestbury means footballers pulling down big old houses and replacing them with bigger new ones. Of course, there was no crass, ostentatious wealth in Alderley until those beastly oikish footballers turned up.


graphic
Canapé won't pay
A brave effort from TBWA, with a fine choice of European beers at its An Evening with Unconventional Thinkers event, but the British Council for Offices and Liverpool's Crowne Plaza take this week's prize. Rule number one of business dinners "Thou shalt serve rack of lamb" was broken by offering a thoroughly respectable roast duckling. The veggie option looked like beans on toast, but who really cares about that?
graphic
TIF for tat
The griping has started. Following a congestion charging debate organised for members of Greater Manchester Chamber, the chief protagonists in the ongoing wrangle have spoken out. According to friends of council chief executive Sir Howard Bernstein, he thought it was particularly unfair that slick corporate wunderkind Andrew Simpson was able to make his case assisted by the wonders of a PowerPoint presentation. Meanwhile, friends of Andrew Simpson say he thought it was unfair that he was sandwiched between Bernstein and fellow TIF supporter Chris Oglesby.
graphic
Thinking big quote of the week
"Oil at $140 a barrel looks frightening, but it means $14bn is being made a day in the Middle East, creating great liquidity in the global market. That is the engine of recovery and it is tomorrow's opportunity." Former Conservative chairman Steven Norris explains how the downturn/blip/recession is really nothing to worry about in the greater scheme of things.
graphic
Stating the obvious quote of the week
"Our research supports the notion that the tightening of business credit is forcing businesses to look around for other ways of raising funds." Thanks to Debbie Bell, regional director for Venture Finance for those words of wisdom. But worry not - NatWest, LloydsTSB and Barclays, (to name but three but you can insert the name of most banks), have all told Insider in the last fortnight that they are "open for business". As if they'd say anything else.
graphic
Subscribe to the Liverpool edition of the newsletter
graphic
Contact Us
Insider
8th Floor, Boulton House
17-21 Chorlton Street
Manchester
M1 3HY

Telephone: +44 (0)161 907 9711
Email:
nw@insiderdaily.co.uk
Subscribe North West - 0161 907 9701

Subscribe or Unsubscribe
To subscribe or unsubscribe to the eBulletin, click here.
graphic
© Copyright 2008 Newsco Insider Limited    |    Privacy Policy
Newsco Insider Limited - Registered in England and Wales with Number 02709518.
Registered Office: Boulton House, 17-21 Chorlton Street, Manchester. M1 3HY

-