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Top story
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Hydra Aptus sprints to innovation win
Liverpool-based Hydra Aptus Sports has become the first monthly winner of this year’s Merseyside Innovation Awards. The company has developed a patented hydration product that can be used by long-distance runners, cyclists and triathletes. Founder Joe McInerney told Insider he believes the device has massive commercial potential.
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Deals
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IS Pharma in merger talks
Chester-headquartered IS Pharma is in talks about a merger with Sinclair Pharma to create Sinclair IS Pharma, a pan-European specialty pharmaceutical company.
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St Helens business scheme in funding boost
St Helens Chamber has secured more than £380,000 of European Regional Development Fund (ERDF) cash to help support a business growth programme in the borough.
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Integra People sets £10m target
Warrington recruitment consultancy Integra People is targeting a £10m turnover in the next three years after securing new banking facilities from HSBC.
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Business
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Rogers says TMP is addressing funding shortfall
The Mersey Partnership’s (TMP) chief executive Lorraine Rogers has affirmed that the organisation has a “clear plan” to address the drop in public sector funding following reports that Liverpool City Council is set to slash its contribution.
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Alexander vows to support public sector-dependent areas
Danny Alexander, the chief secretary to the Treasury, has dismissed speculation that the £1.4bn Regional Growth Fund (RGF) will favour some English regions above others. But in an exclusive interview with Insider, he admitted that areas with a large public sector presence would be heavily supported. He also cooled talk that more money will be added to the fund and spoke passionately in support of the government's apprenticeship drive.
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Speedy Hire rallies despite construction slump
Speedy Hire has reported an 8.8 per cent year-on-year revenue rise, excluding fleet equipment sales, for the fourth quarter of 2010. This is despite the poor weather and lower UK-wide construction output.
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JD cools JJB interest after CVA plans
JD Sports Fashion has reportedly cooled takeover talks with JJB Sports as it awaits the outcome of JJB's latest restructuring attempt. Embattled sportswear retailer JJB is to attempt a second company voluntary arrangement (CVA) to ensure the survival of the business.
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Linpac fined after St Helens accident
Packaging company Linpac has been sentenced after a worker’s fingers were severed at a St Helens factory. The business, which operates in 19 countries, was prosecuted by the Health and Safety Executive (HSE) for failing to protect workers from dangerous machine parts.
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Gain new business contacts…
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Property
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DTZ markets Knowsley site
DTZ has been instructed by Knowsley Borough Council to sell the freehold of Knowsley Education Office in Huyton. The four-storey property is a self-contained development of 12,000 sq ft.
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Aztec does the job for happy Hooka
Liverpool fit-out contractor Aztec has completed a six-week contract for hair stylist Hooka on Button Street in the Cavern Quarter.
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