H2O Networks owed collapsed funder £63m

Merseyside fibre optic networks provider H2O Networks owed £63m to Warrington-based funder Total Asset Finance – the company at the centre of a Serious Fraud Office (SFO) investigation – when it was placed into administration in April. And a report from administrators at PwC reveals the cash was provided on an unsecured basis, with the vast majority unlikely to ever be recovered.   READ MORE...

Medicash in good health

Liverpool healthcare cash plan provider Medicash has reported a 20 per cent take-up of its corporate plans over the past year has helped contribute to a "solid" financial performance.   Read More...

Challenging economy fails to dent ABB

The UK arm of engineering group ABB has reported a 4.7 per cent rise in sales to almost £500m despite continued pressures across most of its divisions. The business employs more than 1,800 people from its Warrington head office.   Read More...

Something for the weekend

This week: That's Michelle; only a northern song; and not just another whingeing Pom.   Read More...

Insider Membership – Communicate with North West top companies

Looking to develop your business? Want to expand your commercial reach? Try a sample of our North West Top 500 Companies marketing data list. Request a free data sample and membership information today.   Read More...

Interest rate decision praised

Business leaders have welcomed the Bank of England's decision to hold interest rates for the 27th month in a row. The 0.5 per cent rate will remain at its record low despite rising inflation.   Read More...

UK exports up by £40bn

Goods to the value of £273bn were exported from the UK in the year to March 2011, according to HM Revenue & Customs - an increase of £40bn on the previous year.   Read More...

Housing developer wanted for £14m scheme

A developer is being sought to refurbish 177 council-owned properties in the Kensington, Granby and Picton Renewal areas. The work has an estimated value of £14m.   Read More...

Liverpool Science Park welcomes new tenants

Liverpool Science Park has revealed it has welcomed 18 new companies at its innovation campus since the start of the year.   Read More...

Langtree completes Festival Gardens work

Liverpool’s Festival Gardens site is ready to reopen following a £3.7m restoration by owner and developer Langtree.   Read More...

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