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Insider News - North West Edition
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Top story

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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Deals

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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NIS Holdings expands nuclear offer

NIS Holdings, based in Chorley, has acquired Hold Engineering in Sellafield for an undisclosed sum. The company said the deal is a “key milestone” as it looks to expand its nuclear service capability.

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Business

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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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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Something for the Weekend

This week: Football's special agents; bring out the Branson; Blue Moon Rising; 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

Tesco gets green light in Padiham

Supermarket giant Tesco has won the fight to build a new 48,500 sq ft store in Padiham, near Burnley. The plans were originally rejected by Burnley Borough Council, but given the go-ahead by the government’s planning inspectorate following an appeal.

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SITA buys Darwen complex for £3.2m

WHR Property Consultants has secured a buyer for a 200,000 sq ft industrial complex in Darwen. The complex comprises nine buildings on a 22-acre site and has been bought by recycling and resource management company SITA, part of the French-owned Suez Group, for £3.2m.

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Nolan Redshaw sells 96,000 sq ft in Bury

Agency Nolan Redshaw has announced the sale, on behalf of Senior Hargreaves, of a 96,000 sq ft retail unit on a 2.2-acre site in Bury’s Lord Street. Acting in a joint venture with RED Partnerships, Derbyshire-based Peveril Securities has purchased the site, which had an existing planning permission for non-food retail.

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Other News

Connaught sale saves 2,500 jobs

Franklins makes it two in Manchester

Amaze wins BBC commission

Freedom Back expands

Community

Tague on Tour: Show me the way to go home-building

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Someone must take action to deliver accessible housing for UK residents, with the age of first-time buyers and local authority waiting lists soaring. Neil Tague looks at the options.

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In Focus: Brits fear buying "abroad"

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UK businesses seem to have lost their imperialist spirit of expansion, according to a KPMG survey. Michael Taylor asks why?

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