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Top story
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Hammond hits back at HS2 critics
Transport secretary Philip Hammond has hit out at the "truck importers and climate change deniers" who have slated his high-speed rail plans. He spoke to Insider to vent his frustration at a group of high profile business leaders, Tory colleagues and economists who wrote to the Daily Telegraph to describe the HS2 line through the country as an “extremely expensive white elephant” and a “vanity project”.
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Deals
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JJB plans £65m fundraising as JD walks away
Embattled high street retailer JJB Sports this morning said it expects its impending share placing will raise about £65m. The Wigan-based group said it was in talks with its major shareholders and would provide the market with more details, including timings, when it publishes its revised business plan tomorrow.
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Green Investment Bank 'must be able to borrow'
The UK could lose out on billions in green energy investment if the government waters down its plans for a Green Investment Bank, MPs have warned.
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Business
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Exports on the rise, finds Bibby
Export trade is on the rise in the UK, with almost half of small to medium-sized companies trading internationally reporting an increase in the export side of their business, according to new research from Liverpool invoice finance firm Bibby Financial Services.
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Warwick targets Russian growth
Warwick Chemicals, based in Flintshire, is targeting Russia, Belarus and the Ukraine as part of the next phase of its expansion plans. The move follows the signing of a series of distribution arrangements for the Middle East and North Africa.
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Prism Ideas sets up Boston presence
Cheshire medical communications and drug discovery business Prism Ideas has opened its first North American office in Boston, Massachusetts.
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Cheshire and Warrington name LEP chairman
Christine Gaskell, a member of the board of Bentley Motors in Crewe, has been named the first chair of the new Cheshire & Warrington Local Enterprise Partnership (LEP).
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Social media – businesses tell their stories
Much has been said about the advantages of social media, but how do you know it will work for your business? Insider is bringing together prominent business leaders who’ve successfully harnessed the power of social media to show you how it’s done, and there are only a handful of tickets remaining.
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Boost your client base – Request a free Insider Membership Pack
Our Insider Membership Club offers fantastic benefits for anyone doing business in the UK regions. Valuable sales leads, vital information, networking opportunities, competitor analysis and much more. Request your free Membership pack now.
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Property
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Kirkby redevelopment decision due
Plans for the redevelopment of Kirkby town centre will be decided at a meeting later this week. Knowsley Council’s planning committee will meet on Friday to decide the fate of the Tesco-led regeneration scheme.
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Blacon set for £18.8m revamp
An £18.8m blueprint to transform the Blacon area of Chester has been recommended for approval in a report to be considered by Cheshire West and Chester Council's executive committee.
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