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Top story
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I-Paye remains upbeat despite sales fall
Merseyside umbrella services company I-Paye has hailed a successful fifth year of trading despite a drop in turnover and profits in its last financial year. Founder and managing director Gaynor McGrail told Insider the company was back on track in 2010 and on target to triple the size of the business within the next five years.
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Business
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Rathbones increases funds under management
Wealth manager Rathbone Brothers, thought to be Liverpool's oldest company, has again increased its funds under management to £14.54bn at 30 September, up 11 per cent on the £13.1bn at the end of 2009. But it warned that while markets have improved, the economic outlook remains uncertain.
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Morgan hits out at mortgage rule change
Steve Morgan, the chairman of house builder Redrow, will say today that the UK financial watchdog’s planned new mortgage rules risk choking off demand for housing. He is expected to launch an attack on the FSA’s mortgage market review changes when he addresses Flintshire-based Redrow’s annual general meeting.
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Cheshire councils to challenge waste decision
Two Cheshire councils have warned that they could issue a formal challenge against the government’s decision to withdraw £100m of support for the county’s 25-year waste disposal masterplan. Cheshire West and Chester and Cheshire East Council had selected waste management giant Viridor as preferred bidder for the £850m contract.
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Unilever reports third quarter sales rise
Household goods giant Unilever has reported a 13.2 per cent rise in third-quarter revenue, but warned that higher commodity costs were putting pressures on its profit margins.
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West Coast reaches Poland
West Coast Energy, the Flintshire-based wind farm developer, has opened a subsidiary in Poland to cash in on growing demand there for renewable power. Its move came after the European Commission brought out tough new guidelines on wind farms.
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Businesses planning for growth, finds ICAEW
Businesses in the North West are planning for growth despite being affected by changes to access to finance, according to the latest results of the Institute of Chartered Accountants in England and Wales (ICAEW) enterprise survey.
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Think adds spice to fashion mix
Liverpool-based Think Publicity has been appointed to launch a media campaign for new fashion brand Paprika. The Paprika brand is sold on the high street in New Look and Debenhams and online at ASOS.
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Complete Set of Top 500s - Purchase all Six
You can now purchase Insider’s Complete Set of Top 500 Companies 2010/2011 Databases at an exclusive promotional rate: A bundle of our accurate and comprehensive regional business marketing lists - featuring six UK regions. Special promotional offer expires 31 January 2011.
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Property
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Mannings set to expand The Quarter
Liverpool restaurant and deli The Quarter is set to expand for a second time in less than a year. Owners Colin and Gary Manning plan to increase the venue’s space by 15 per cent.
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Property auction raises £3.1m
Liverpool-based Sutton Kersh has raised more than £3m from its latest property auction. The auctioneer said 38 of the 64 commercial, residential and investment properties sold at its last sale.
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