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Top story
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Silentnight deal saves 1,250 jobs
Lancashire bed manufacturer Silentnight has been bought by HIG Europe in a deal that safeguards the future of its 1,250 staff. The move follows the company's failure to push through a company voluntary arrangement (CVA) with its creditors.

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insiderbusiness.tv latest video
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Retail e-Commerce
Insider gathered together a panel of tech-savvy entrepreneurs to discuss the latest and most important trends in e-commerce. Featuring: Jeremy Gidlow, Intechnica; Jonathan Wall, Shop Direct; Scott Woodhead, Lovingoutdoors.com; Simon Glanville, Store.
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Deals
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Kingfisher swoops for Focus stores
B&Q owner Kingfisher has agreed to buy up to 31 Focus DIY stores from administrators at Ernst & Young in a deal worth £23m.

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Lookers consortium given deadline
The Takeover Panel has ruled that a consortium led by veteran investor Jack Petchey must make a firm offer for Manchester car dealer Lookers by 8 June or walk away from the deal.

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Shawston sets £15m target after cash boost
Shawston International has secured a £500,000 working capital facility from NatWest. It hopes the money will help it meet a growing demand for its products from the fire protection, mechanical and electrical engineering markets.

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Business
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Creditors owed £2m after Character DPM collapse
Merseyside direct mail and printing company Character DPM Group collapsed owing unsecured creditors more than £2m, a newly-published report has revealed.

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Optare confident after narrowing losses
Darwen bus manufacturer Optare has reported narrowing losses in its last financial year despite a "very challenging year" with the market down almost 40 per cent from pre-recession levels.

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XCAP moves into profit
Half-year revenues and profits have exceeded expectations at XCAP Securities, the AIM-listed Wilmslow-based finance boutique firm.

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Boost your client base – Request a free Insider Membership Pack
Our Insider Membership Club offers fantastic benefits for anyone doing business in the UK regions. Valuable sales leads, vital information, networking opportunities, competitor analysis and much more. Request your free Membership pack now.

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Property
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Plans submitted for Forever 21 store
Royal London Asset Management has submitted a planning application to construct a new store for fashion retailer Forever 21 in Liverpool city centre.

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Ask:Goodman hands over police building
The new £64m Greater Manchester Police Authority (GMPA) headquarters at Central Park in Newton Heath has been officially handed over.

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First letting at The Exchange
Seddon Estates has announced the first letting at The Exchange in Bury – the office development previously known as Craig House.

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What do you need from your premises? Insider survey
Every year, Insider carries out research among the North West business community to build as accurate a picture as possible regarding their major business concerns - property-related and otherwise – and we want your help with our two-minute 2011 survey.

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Other News
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DeeLine bought by management team
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North West private sector growth slows
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Rise in UK businesses going bust
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Studio North wins two briefs
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