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Top story
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Co-op Travel and Thomas Cook to merge
The Co-operative Group and Thomas Cook are to merge their high street travel and foreign exchange businesses to create the country's largest retail travel network. The move will create a high street travel network with more than 1,200 shops and result in savings of more than £35m a year.
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Deals
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Cowgills joins global group
Bolton-headquartered accountancy firm Cowgill Holloway has become part of IAPA – a global association of independent accountancy firms and groups providing accounting, audit, corporate finance, tax advisory and business consultancy services to clients.
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Business
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United’s operating profit set to top £100m
Manchester United are set to publish their annual results this morning, with operating profits for the financial year ending 30 June expected to break the £100m barrier. However, the headline figure will be overshadowed by a sizeable pre-tax loss due to interest repayments and costs related to a £500m bond issue.
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Speedy Hire expects loss after Connaught hit
Speedy Hire expects to post a loss in the first half of its financial year. Its balance has been adversely affected by a £1.7m loss from contracts with collapsed Connaught.
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Business Environment Awards shortlist revealed
The shortlist has been revealed for the Northwest Business Environment Awards 2010. The awards, which will be presented on 19 October at The Bridgewater Hall, Manchester, recognise the achievements of a wide range of companies.
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North West directors scoop IoD prizes
Directors from across the region have been recognised at the annual IoD North West Director of the Year Awards. The North West Director of the Year and Young Director of the Year awards went to Manchester-based professionals.
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Something for the weekend
This week: Golf’s biggest day; keeping one step ahead; Sugar Sugar; and Michelle my belle.
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Insider Membership Deals
Insider offers fantastic benefits for anyone doing business in the region. Not only do we give you news of what’s going on in the business world, we give you an analytical view into the biggest issues concerning all aspects of business. We provide you with avenues to explore competition and potential sales leads.
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Property
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HKR Manchester closed as directors launch 5Plus
Management of the Manchester office of Dublin-headquartered architect’s firm HKR have launched a new business after the local operation was placed into administration. Hale accountancy firm Milner Boardman & Partners was appointed as administrator on 30 September.
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Production starts at Pretek after £8m investment
Pretek Precision Homes has used an £8m investment to develop a house-building factory in Blackburn. The facility will allow Pretek to build 3,000-plus new zero energy rated, fully sustainable and eco-responsible homes per year.
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San Carlo to open Kendals outlet in November
Manchester restaurant San Carlo, in King Street West, has confirmed that its second venue in the city, across the street in House of Fraser store Kendals, is to open in early November.
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Sale Hotel sold for £950,000
Knutsford-based PH Property Holdings has sold the Grade-II listed Sale Hotel pub, in Sale, for £950,000 to brewer Greene King. It is set to be transformed into a "family-friendly" pub and will create 30 jobs.
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Other News
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Steelcase completes £2.5m work
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Whitworth named Peel Ports boss
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DJD adds two in Manchester
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