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Top story
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Entrepreneur Chris Sheffield sets up new VC
Serial entrepreneur Chris Sheffield has set up a new investment vehicle called Instant Hit to back digital start-up ventures based at the Sharp Project in east Manchester. He is to put up to £1m of his own money into ventures like The App Factory, his first investment.
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Deals
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eXpansys agrees £38m deals
Manchester-based technology retailer eXpansys has provisionally agreed deal for Data Select Network Solutions and PJ Media for a combined £38m.
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Business
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N Brown confident despite “subdued” conditions
Manchester home shopping retailer N Brown has reported increased revenues for the 18 weeks to 3 July despite the “subdued” conditions since the general election.
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Barclays chief warns over regulation
Barclays Bank chairman Marcus Agius told an audience in Manchester that over regulation of the banks could threaten the recovery.
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T Clarke to wind down Preston operation
Building services group T Clarke has announced plans to wind down its Preston-based electrical installation and maintenance company JJ Cross.
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Manufacturing seeing “a remarkable upturn”
Manufacturing in the region has undergone “a remarkable upturn”, said Mick Mayor, chairman of Chambers of Commerce North West, in response to the organisation’s latest study.
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Property
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Liverpool hit hard by BSF cuts
More than 715 secondary schools in the UK, including 110 in the North West, have had their planned Buildings Schools for the Future projects cancelled as part of the government's latest round of spending cuts.
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Sharp signs up two more
The Sharp Project has signed up the first tenants to its newly refurbished 15,000 sq ft two-storey office block which forms part of the 200,000 sq ft digital content complex.
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St Modwen boosted by North West success
Property developer St Modwen has hailed the “important strides” made at some of its developments in the North West that have contributed to the company’s return to profit.
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Moor replaces Roper at Knight Frank
Richard Moor has been appointed head of valuations at the Manchester office of property agent Knight Frank.
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Other News
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Wigan Council reveals £55m deficit
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Hangar Seven makes London move
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GVA launches financial consultancy team
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