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Friday 8 July 2011

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Insider News - North West Edition
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Top story

Daresbury enterprise zone could create 10,000 jobs

Daresbury Science and Innovation Campus (SIC) has made a "unique, robust and deliverable" bid to the government for an enterprise zone that could have the potential to create 10,000 jobs and leverage more than £150m of private sector investment.   READ MORE...

 
Deals

'Strong interest' in collapsed TJ Hughes – administrators

Administrators of Liverpool discount chain TJ Hughes have revealed there has been a "strong level of interest" from parties interested in acquiring the business and its portfolio of stores.   Read More...

Hoban defends Business Growth Fund threshold

Financial secretary to the Treasury Mark Hoban has defended the government-backed Business Growth Fund despite calls from business groups that the scheme's turnover threshold should be lowered. Speaking to Insider he said the fund addressed a real market need.   Read More...

B3 completes £43m refinancing

Manchester-based B3 Cable Solutions, which manufactures copper and optical cables, has completed a £43.1m refinancing.   Read More...

 
Business

City set for Eastlands naming rights deal

Manchester City FC are this morning expected to confirm a stadium naming rights deal with Etihad Airways that is understood to be worth between £10m and £15m a year.   Read More...

BAE to close Chadderton site

BAE Systems has confirmed it is to shut its plant in Chadderton, near Oldham. The site will be closed next year as part of a restructuring programme.   Read More...

Penning launches Liverpool cruise review

Shipping minister Mike Penning has launched a ten-week consultation on Liverpool's bid to become a fully-serviced cruise facility. Liverpool City Council is hoping the government will permit a change in the way the terminal operates, paving the way for passengers to start and end their voyages in the city.   Read More...

Nurock to expand after Merseyside innovation win

Knowsley-based Nurock, which has developed an innovative hydraulic concrete mixing system, has ambitious growth plans after being crowned the winner of this year's Merseyside Innovation Awards.   Read More...

Something for the weekend

This week: Quote of the week; swing when you're winning; Right said Fred; and canapé won't pay.   Read More...

 
Property

Lancaster and Rochdale hit hard by store closures

Lancaster and Rochdale are among the towns hardest hit by retail store closures during the first five months of the year, according to data compiled on behalf of PwC by the Local Data Company.   Read More...

Mitchell hails DTZ progress

Mike Mitchell, managing director for the regions outside London, has declared 2010/11 as a "year of significant progress for DTZ" after the property consultancy reported losses of £600,000 after exceptional costs that took total losses to £3.4m.   Read More...

BDP at the double in China

Architects’ firm BDP has won two new contracts in China. The schemes, a mixed-use masterplan and a sports centre, are located in the city of Suzhou.   Read More...

 
Other News

OFT clears Kingfisher swoop for Focus assets

UMIC and UMIP to merge

Strong first-half for UKFast

Britain's Got Talent boosts Moneysupermarket sales

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Insider Features

Talking Point: High street blues

Talking Point: High street blues
Jeremy Oddie the North West regional chair of R3, the insolvency trade body, believes the "retail bloodbath is not yet over".

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  Ask the Expert: Due diligence

Ask the Expert: Due diligence
Stephen Attree, of Myers Lister Price Solicitors, explains what you need to know about due diligence.

  Ask the Expert: Construction survival

Ask the Expert: Construction survival
Lindsey Cooper, partner at Baker Tilly Restructuring and Recovery LLP, provides help to construction companies struggling to survive.

 

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