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Top story
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Liverpool vow to fight new injunction
There was yet another dramatic twist in the Liverpool FC takeover saga last night as current owners Tom Hicks and George Gillett obtained a temporary injunction in a Texas District Court to halt the £300m sale to New England Sports Ventures (NESV). The duo called the sale an “epic swindle” and are seeking around £1bn in damages. The club have reacted by saying the move is “unwarranted and damaging” and they will move “as swiftly as possible” to have the injunction removed.
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Deals
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Sky Medical secures angel’s cash
Sky Medical has secured an undisclosed investment package from Mark Gidge, a partner at Cheshire-based Independent Capital Investments, that will enable it to commercialise its patented technology used to help combat deep vein thrombosis (DVT).
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Business
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Hough pays tribute to Broomhead work
The chairman of the Northwest Regional Development Agency (NWDA) has paid tribute to chief executive Steven Broomhead, who is to step down from his role at the end of the month. Following the announcement at yesterday’s annual general meeting at the University of Manchester, Robert Hough said it was a day to reflect on Broomhead’s achievements during nearly eight years at the helm of the RDA.
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Lloyds sheds IT jobs
Lloyds Banking Group (LBG) is cutting a number of jobs across the north of England in its IT function. Some 280 will go in Chester area, more than 200 in Halifax and about 50 in Pudsey, according to unions.
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Edit TV scores PA deal
Liverpool search and navigation business Edit TV has signed a three-year deal with Press Association Sport that will see its video editing application marketed worldwide.
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Economist warns on slow growth
The UK should avoid a double dip recession but economic growth will be slow, according to a senior economic adviser at the Royal Bank of Scotland. Speaking at the Tate Gallery in Liverpool, Mark Smyth said the downturn has been the “deepest and most severe” since 1955.
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Liverpool companies 'facing fewer problems'
The number of companies with 'significant' or 'critical' financial problems has fallen, according to new research. However, report author Begbies Traynor said the upcoming spending review will illuminate businesses' futures.
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Property
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Language academy makes Barratt home
The Liverpool International Language Academy (LILA) has taken more than 13,500 sq ft of space over two floors at New Barratt House in North John Street in Liverpool on a ten-year lease.
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Hillyer McKeown set for Wrexham move
Chester law firm Hillyer McKeown is to expand its presence in Wales with the launch of a new office in Wrexham.
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