Liverpool await High Court decision

Liverpool FC’s immediate future is set to be decided in a London courtroom later today following a dramatic day of evidence during which two more parties emerged as rivals to the £300m bid from New England Sporting Ventures.

Redx Pharma launches following £1.9m funding round

Liverpool bioscience company Redx Pharma has been launched today following a £1.9m round of funding, backed by investment from the public and private sector. Chief executive Dr Neil Murray told Insider the company has the ability to achieve “multimillion-pound revenues” as it targets major players in the pharmaceutical sector.

Bibby adds TM Logistics to its fleet

Liverpool-headquartered Bibby Distribution has completed its third acquisition of the year after snapping up a Worcestershire rival for an undisclosed sum. The company has bought TM Logistics in a move that should add £31m to its annual turnover.

AFM repays £20m MSIF loan

Alliance Fund Managers (AFM), the fund manager for Merseyside Special Investment Fund (MSIF), has revealed it has repaid the last private sector loan from its most recent round of MSIF loan and equity funds.

Tata to cut 180 jobs at Shotton site

Tata Steel has announced that 180 jobs are to go at its Living Solutions site in Shotton, North Wales. The company, which makes panels for commercial buildings, will close after failing to turn a profit. Living Solutions was founded in 2003 as a pilot venture to explore a non-core business, but had been “unable to establish sufficient market presence” over the past seven years.

Business failure numbers creep up slightly

The number of business failures in the North West has decreased 13.7 per cent on this time last year, according to research by Equifax. But it also shows a slight 1.4 per cent quarter-on-quarter rise in insolvencies in the, region for the last quarter. Meanwhile, national research by Deloitte shows that total administrations for the first nine months of the year were 36 per cent down on the same period in 2009.

100,000 job losses coming - report

A total of 108,000 public and private sector jobs could be lost as a result of public spending cuts in the North West. That's according to research carried out by PricewaterhouseCoopers. It says public sector cuts will not cause a double-dip recession but could significantly affect private sector jobs.

Complete Set of Top 500s - Purchase all Six

You can now purchase Insider’s Complete Set of Top 500 Companies 2010/2011 Databases at an exclusive promotional rate: A bundle of our accurate and comprehensive regional business marketing lists - featuring six UK regions. Special promotional offer expires 31 January 2011.

Residential sales poor in Liverpool

Residential property sales continue to struggle in Liverpool city centre, new figures indicate. Data from agent City Residential shows a 1.44 per cent fall for the third quarter.

Peel submits Ellesmere Port plans

Peel Investments has submitted an outline planning application to Cheshire West and Chester Council for Rossfield Park North, an employment and housing development on 26.8 acres of land north of Ellesmere Port’s town centre.

Beech Mount undergoes £800,000 revamp

The Beech Mount Hotel in Liverpool has undergone an £800,000 extension and refurbishment. The Royal Bank of Scotland’s property team provided funding for the project.

In Focus: Last chance to vote

It’s not too late to get your nominations and votes to us for the 2010 Insider Dealmakers Awards.

Talking Point: What’s the story from the Blair Lite Tory?

Frank McKenna, founder of Downtown in Business, went to the Conservative Party conference last week... and was underwhelmed. Find out why.

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