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Top story
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Liverpool can weather storm, says Anderson
Liverpool City Council leader Joe Anderson has said that the city’s economy can weather the “difficult times ahead” despite a new report which found the city has the highest concentration of deprived areas of any local authority in England. However, he stressed that Liverpool needs support from the government.
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Deals
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RBS moves to force Liverpool sale
The Royal Bank of Scotland has increased the pressure on Liverpool FC owners Tom Hicks and George Gillett to sell up after reportedly moving the club's £237m debt to a team dedicated to toxic assets.
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Business
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Provexis looks to Fruitflow commercialisation
Life sciences group Provexis, whose research and development facilities are based in Liverpool, is nearing commercialisation with its flagship tomato-based drink Fruitflow, which thins the blood and helps circulation.
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Hargreaves tops Insider Rich List
John Hargreaves, the Liverpool docker’s son and owner of the Matalan discount store chain, has topped Insider's North West Rich List for the first time. Last year he was worth around £330m as Matalan felt the effect of the retail downturn. This year, he is the new number one at £1.3bn.
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Franklins makes it two in Manchester
Liverpool catering business Franklins Hospitality has today opened the second of its two new Manchester outlets. The move marks a £130,000 investment and has created ten new jobs.
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Aquoral launched in the UK
Chester pharmaceutical company IS Pharma has launched its Aquoral product in the UK. The AIM-listed business acquired the rights to the oral spray in March.
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Unions warn on further defence cuts
Unions have warned that the latest redundancies at BAE Systems could be the “tip of the iceberg” for the defence industry. The UK defence giant is to cut more than 900 jobs from its military divisions, including 473 across three sites in the North West.
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Something for the Weekend
This week: Keep on moving; you want salsa with that?; and canapé won’t pay.
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Brand new North West Top 500 Database 2011
Do you need help sourcing new clients? Insider’s Brand new North West Top 500 Companies 2011 database is our accurate and comprehensive business marketing list. Try our free sample and pre-order to receive a discount offer (expires 31 January 2011).
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Insider Business of Media Summit 2010 – last few tickets remaining
Leading figures from the North West business community will meet at The Lowry in Salford on Tuesday 21 September for the second Insider Business of Media Summit. The event will feature presentations from a selection of the North-West’s most exciting and fast growing media businesses and a keynote address from Philip Coen, chief operating officer of In the City. Click here for details.
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Property
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Ocon wins Liverpool contract
Ocon Construction, the Manchester contractor that is part of Stuart Wall’s Opal property group, has won a contract to build a £5m, 100-unit student accommodation scheme for Westville Developments on Liverpool’s London Road.
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