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Top story
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Cable quizzed on bank lending
Business secretary Vince Cable was forced to defend the government's measures to get banks lending to businesses after his speech to the Greater Manchester Chamber annual dinner last night. He said: “It's a struggle. I encounter businesses every day of the week and it is the banks which are the problem.”
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Deals
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Chess secures £21m to fund deals drive
Chess Telecom, based in Alderley Edge, has secured a £21m banking facility from Barclays Corporate to help fuel its ambitious acquisitions strategy.
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KPMG finds buyer for Character DPM
More than 100 jobs have been saved at Merseyside direct mail and printing company Character DPM Group after the business was bought out of administration by Lincolnshire-based Magnadata Group.
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Stalkers refinances with Aldermore
Stalkers Transport Services has completed a refinancing deal with Aldermore to expand its haulage fleet and workforce.
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Business
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Kuncewicz: What happens in Vegas stays on Twitter
"What happens in Vegas stays on Twitter," Steve Kuncewicz of HBJ Gateley Wareing told attendees at Insider's Investing in Social Media conference. The event, held at HBJ's Manchester office, sought to inform businesses of the potential and pitfalls of social media, and most importantly how to measure a return on investment.
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Liverpool set for National boost
Liverpool’s hotels, shops and restaurants are gearing up for a bumper weekend as racegoers from across the UK descend on the city for this year’s sell-out Grand National at Aintree. The Mersey Partnership, the region’s tourist board, has estimated that the event will generate £8.5m in visitor spend for the city region and £25.2m at the racecourse itself.
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Alliance calls for HS2 rethink
A new environmental alliance has called on the government to reconsider its plans for a high-speed network from London to Birmingham and onto Manchester and Leeds.
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Something for the weekend
This week: Grandiose press release of the week; I got you Bieber; don’t fear the sweeper; and canapé won’t pay.
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Gain new business contacts…
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Property
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Sudlows to build Co-op data centre
A multimillion-pound contract to build an energy-efficient data centre at The Co-operative Group’s new headquarters in Manchester has been won by Sudlows.
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Chester’s Islands comes on stream
Chester Zoo has revealed plans for the first phase of its Natural Vision development. The £30m Islands project is to be a boat ride between islands where some of the zoo’s animals will be kept.
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Multibuild on a roll in Rhyl
Multibuild has secured a £2.2m contract to refurbish and fit out an Apollo Cinema in Rhyl. The project is part of a major scheme by the Welsh Assembly Government to regenerate the town.
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Other News
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Clearwater advises €1bn worth of deals
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Ayre welcomes basketball star stake
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Swinton parent buys Provident
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Market Creative wins £12m HomeForm account
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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.
