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Top story
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Liverpool in High Court amid takeover twist
Lawyers for the Royal Bank of Scotland will today argue that Liverpool FC's owners Tom Hicks and George Gillett were in breach of contract by trying to sack board members ahead of a crunch meeting to approve a £300m sale of the club. The High Court case comes as Singapore billionaire Peter Lim has emerged as a potential takeover rival to US-owned New England Sports Ventures (NESV).
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Deals
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Buyouts hit £13bn for year to date
UK buyouts have hit £13bn for the first nine months of 2010, according to data from the Centre for Management Buyout Research - more than double the total buyouts in the whole of 2009. Private equity has led the way, accounting for almost three quarters of UK merger and acquisition deal value for the first half of 2010.
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Walker 'bids for Iceland'
Malcolm Walker, the founder and chief executive of frozen food retailer Iceland, is understood to have had a £1bn bid for the company turned down by Icelandic shareholders Landsbanki and Glitnir. The rejection is reported to have come after an investment fund offered up to £1.4bn for the Flintshire group.
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Business
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LJMU celebrates KTP success
A knowledge transfer partnership (KTP) between Liverpool John Moores University (LJMU) and Risktec Solutions has been ranked as "outstanding", making it one of the top 6 to 7 per cent KTPs in the country.
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Pennon wins energy-from-waste contract
Viridor Waste Management, a subsidiary of Pennon Group, has won an engineering procurement and construction contract with Keppel Seghers for phase two of an energy-from-waste facility in Runcorn.
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Cheshire West pension deficit doubles
It cost Cheshire West & Chester Council £18.5m to carry out its voluntary redundancy programme, new figures show. The newly released 2009-10 statement of accounts also reports that the authority's pension fund deficit more than doubled from £300m to £604m.
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Property
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Morgan Sindall wins £18.5m Knowsley work
Morgan Sindall, the construction group, has secured an £18.5m contract with Knowsley Metropolitan Borough Council to deliver a regeneration project in Stockbridge Village, Merseyside.
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Scaffolding business aims high
Scaffolding supply business George Roberts (North West) has announced plans to expand its existing site in Netherton following a period of growth. The company, which serves the construction, engineering, oil and leisure industries, has acquired land adjacent to its premises after securing a commercial mortgage facility from Barclays Corporate.
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Two listed buildings named on ‘at risk’ list
Two listed buildings in the North West have been included on a list of the ten most endangered Victorian buildings by a society campaigning for architecture from the period. The Victorian Society has identified the Grade II-listed Royal Liverpool Seamen's Orphanage in Tuebrook and the Unitarian Chapel in Manchester as being at risk of demolition.
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Frank McKenna, founder of Downtown in Business, went to the Conservative Party conference last week... and was underwhelmed. Find out why.
