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Top story

Daresbury makes £8m funding bid

Daresbury Science and Innovation Campus (DSIC) has made a bid to the government’s £1.4bn Regional Growth Fund (RGF) as it looks to secure £8m in funding. DSIC said the cash would support the delivery of 493,000 sq ft of science and innovation space, create some 3,200 jobs and generate around £114m of gross value added once plots opened up by the investment are developed. Stephen Barnes, development director at Langtree, told Insider the scheme presents one of the best opportunities to stimulate private sector jobs in the North West.

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Deals

Daisy snaps up rival O-bit

Nelson telecommunications business Daisy Group has completed its 11th acquisition since listing on AIM in July 2009. The company has bought Buckinghamshire rival O-bit Telecom for an undisclosed sum.

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Lowri Beck powers on with £8m package

Wigan energy metering and data services company Lowri Beck has secured an £8m finance package to help develop its meter installation services for the UK domestic and commercial market.

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ACAL secures £1m Carbon Trust investment

Runcorn-based ACAL Energy has secured a £1m investment from the Carbon Trust as part of the trust’s Polymer Fuel Cell Challenge – an initiative set up to help develop and commercialise novel polymer fuel cell technologies.

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Hanson Springs set for growth

Specialist spring manufacturer Hanson Springs has received a £600,000 finance package from Yorkshire Bank to support the company’s international expansion.

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Business

MIE pulls plug on Liverpool Boat Show

The Liverpool Boat Show, which was expected to bring thousands of visitors and help attract potential inward investors to the city, has been cancelled by its organisers. Marine Industry Events (MIE) said it had been forced to cancel the show due to the "disastrous market conditions" and poor take-up of exhibitors.

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CashMyGold rapped by watchdog

The Office of Fair Trading (OFT) has clamped down on gold-buying websites, ordering Manchester-based Bullion Buying, which trades as CashMyGold, to improve the way it treats customers. The watchdog raised concerns that people were “locked into” accepting the offer that had been made for their gold.

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GMB warns on public sector jobs

The private sector will have to find jobs for almost 30,000 public sector employees facing the axe across the North West. That's the warning coming from the GMB union, which claims more than 160,000 public sector jobs are at risk nationally following spending cuts.

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Gain new business contacts…

Insider’s North West Top 500 2011 database is our accurate and comprehensive business marketing list, providing you with the strongest contacts for the region’s biggest companies. Order now and receive a 30 per cent discount or request a free sample now (offer expires 30 June).

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Property

Green light in Cheshire as Ainscough buys more

Ainscough Strategic Land (ASL) has secured planning approval for a £40m residential development at a former Nestle yoghurt factory in Cuddington, Cheshire.

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CBRE appointed to Dale Street scheme

Property adviser CB Richard Ellis (CBRE) has been instructed to find an operator for the Dale Street apartments scheme in Manchester, a development formerly owned by Bashar Issa.

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HGF doubles space at Merchant Exchange

Property Alliance Group (PAG) has let a further floor in its Merchant Exchange office building on Whitworth Street West in Manchester’s city centre.

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Other News

Fleetwood Trawler group dragged under

Bglobal signs Samsung deal

Inside Job with Insider

Banks back Manchester business conference

Community

Tague on Tour: Arrested development?

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Right about now, there’s an absolute truckload of research from the major property consultancies, writes Neil Tague. With 2010’s final take-up figures in and the investment sales tallied up, we’re not short of opinion on what the stats mean and what we can expect to see this year.

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Dealmakers Wrap: 2011 – the year of creativity

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Norman Molyneux of Acceleris believes the financial pressures facing small businesses will lead to a more streamlined set of owners seeking funding, and ultimately a new, creative approach to dealmaking.

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Boost your client base – Request a free Insider Membership Pack

Image Description HereOur 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, much more. We give you what you cannot afford not to know. Request your free Membership pack now.

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