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Top story

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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Deals

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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LGV makes Amber investment

Private equity firm LGV Capital has backed a secondary management buyout of Lancashire pub chain Amber Taverns. Chairman Clive Preston told Insider the deal would allow the company to continue on its acquisition trail across the north of England.

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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

Manchester set to drive McGrigors' growth

Manchester can be a main driver to the future growth of law firm McGrigors, its senior partner has told Insider. Kirk Murdoch, who took over in the role on 1 October, said the firm's office in the city has already exceeded growth targets since opening two years ago.

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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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Accumuli looks to accumulate

Accumuli is on the acquisition trail after posting profits boosted by disposals. The company's results for the year to 31 August 2010 show a profit of £3.1m, up from a £800,000 loss last year.

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Boost your client base

Our Insider Membership Club offers a wide range of benefits to the business community. Potential sales leads, valuable data and analytical coverage, competitor analysis and much much more. We keep you better informed than any other business publication in the region. Exclusive introductory offers available this month.

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Property

Recycling company makes Trafford move

The International Recycling Corporation Company has taken a 15,461 sq ft unit on SEGRO’s Severnside Trading Estate at Trafford Park. The letting marks the company’s first base in the North West.

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Irwell River Park secures extra funding

The Irwell River Park project, where Manchester, Salford and Trafford councils are combining to develop the River Irwell’s waterfront, has secured another £120,000 of funding. The development has now received more than £730,000 over the past month.

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Pochin to build Ronald McDonald House

Pochin Construction has been appointed as contractor on the new Ronald McDonald House being built at the Royal Manchester Children’s Hospital.

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Other News

Bluestone crosses the Pennines with expansion

Council to discuss £7.2m care home plans

North West companies 'facing fewer problems'

Nolan Redshaw seeks Weavers developer

Timpson embarks on events venture

Community

Talking Point: At what price the slice?

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Although today's buzzword focus is cutting, too much can leave you with nothing left. Phil Jones of Brother UK urges businesses to think progressively.

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In Focus: Last chance to vote

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

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