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Top story
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North West exports can drive recovery – UKTI
The North West is well positioned to be at the “vanguard of an export-led recovery”, according to UK Trade & Investment’s regional director Clive Drinkwater. His comments follow new figures that show exports from the North West grew 6 per cent to almost £25bn last year.
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Deals
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JJB confirms £65m fundraising plans
The directors of embattled Wigan retailer JJB Sports have this morning revealed details of the company’s latest fundraising, with plans to raise £65m through a share placing.
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Royles limbers up with funding boost
Cheshire sports goods specialist Royles has opened new retail and coaching premises in Wilmslow after receiving a £425,000 funding package from Yorkshire Bank in Manchester.
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FBS makes Runcorn move after NatWest loan
FBS Contracts, a company that manufactures and installs specialist laboratory furniture, has purchased new premises in Runcorn after securing a £300,000 loan from NatWest.
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Business
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NWDA shifts tourism responsibility
The Northwest Regional Development Agency (NWDA) has officially transferred its responsibility for tourism to the region’s five individual tourism boards. Nick Brooks-Sykes, director of tourism at the NWDA, told Insider that removing the agency's £25m tourism budget would mean “consequences” including fewer capital projects.
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BCC forecasts challenging times ahead
The UK economy may have returned to positive growth, but businesses are being hit hard by a combination of inflation and public sector spending cuts, according to the latest British Chambers of Commerce's (BCC) quarterly economic survey.
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BDO appointed to find Daily Sport buyer
BDO has been tasked with finding a buyer for the assets of Sport Media Group, the publisher of the Daily Sport and Sunday Sport newspapers. The firm has been appointed as the administrator of the Manchester-based company.
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Property
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Manchester retail needs more buzz, says DJD
Retailers need to meet the challenges of an ageing customer base and shoppers seeking both value and values, that was the message from the annual Drivers Jonas Deloitte Crane Survey seminar.
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Openshaw plans recommended for approval
Plans by developer Key Properties to build 162 houses at the Edge Lane Business Centre site in Openshaw are to go before Manchester’s planning committee with a “minded to approve” recommendation.
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Bluemantle signs Waitrose for Alderley scheme
Developer and investor Bluemantle has agreed a deal with upmarket food retailer Waitrose for a 6,000 sq ft store at the Parade on Alderley Edge’s London Road.
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Other News
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Economic Solutions takes control of ENWORKS
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Friendly society takeover completes
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Co-op buys Shropshire site
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Neil Tague has been attending DJD's annual crane survey this week, and found that despite the lack of obvious activity, Manchester's property community are cautiously optimistic.
