Newman heads to MediaCity
Paul Newman, head of communications at the Liverpool Culture Company, is to be the first head of communications at Peel Holdings' Salford Quays-based MediaCity development from October. Culture Company press officer Helen Johnson is also joining the team, alongside Lisa Hill, who has worked at North West Vision and Media and Lime Pictures. Newman spent more than 20 years as a broadcaster for organisations including the BBC and Sky and was director of communications at the Football Association. MediaCity will be home to over 2000 BBC staff from 2011 and the total 200-acre global media zone aims to provide opportunities for over 1,000 creative and related businesses.
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Leaders commit to Liverpool Summit
More than 750 business leaders from across the UK have already signed up to The Liverpool Summit, the primary business event of Liverpool's European Capital of Culture programme. The event will take place on 1 and 2 October and includes speakers from seven of the world’s most prominent leadership and business strategists, including former United Nations Secretary General Kofi Annan. It has been organised by Benchmark for Business and is supported by the Northwest Regional Development Agency, the North West Business Leadership Team, the Financial Times, Liverpool John Moores University and Liverpool 08.
Speedy strong in shaky market
Despite growing economic concerns in the construction industry, Speedy Hire, the Newton-le-Willows-based tool and equipment hire company, today announced strong growth across both its divisions and an overall revenue increase between April and June of 36.4 per cent on the comparative quarter last year. The company said that construction activity is being underpinned by infrastructure-related spending in the public and regulated industry sectors, which has contributed to a 53.6 per cent increase in revenues from its top 50 contracting group customers. But Speedy has seen a deterioration in spending from smaller trade customers and others more reliant on consumer and certain retail-related construction output.
How big is your footprint?
In response to growing business demand to take action on CO2, the Carbon Trust is rolling out a national series of carbon footprinting workshops for businesses of all sizes after the success of its spring series. The North West event takes place in Liverpool on 17 September. Businesses will receive information on how they can benefit from taking steps to reduce their carbon footprint and how they can achieve the Carbon Trust Standard, the world's first accreditation scheme linked to real carbon reduction.
Safer by rail
Six Merseyrail stations in Merseyside have been awarded a coveted national standard for safety and security. Bootle Oriel Road, Bidston, Conway Park, Birkenhead Park, Rock Ferry and Capenhurst have all received Secure Station status for bringing in measures to reduce antisocial behaviour and make people feel safer. The announcement moves Merseyrail Electrics closer to becoming the first fully secure rail network in the country, with more than 95 per cent of stations now accredited.
Poorly paid but entrepreneurial rural dwellers
People living in the countryside in parts of the North West are among the country's worst paid and most deprived, with levels of fuel poverty in some area among the highest in England. The State of the Countryside 2008 report, which is published this week by the Commission for Rural Communities, indicates that wages in the region's rural workforce continue to be low and, for many, work is not a secure route out of poverty. Levels of deprivation in some areas are also well above the national average. There is a continued decline in the number of people working in agriculture, but there is a higher rate of start-ups than in urban areas. During 2006 there were 17,900 rural business start-ups across the North West.
The worst is yet to come
Corporate finance chiefs have said credit is getting more expensive, harder to find and the worst of the credit crunch is yet to come, according to a survey published by Deloitte. Nearly one year after the credit crisis first rocked global markets, more than three-quarters of the 83 chief financial officers surveyed said credit is hard to obtain, up from 48 per cent in September last year. More than half also expect consumer prices to rise. "The squeeze on liquidity is transmitting itself to the corporate sector through a reduced supply and rising cost of credit," said Richard Bell, head of transaction services at Deloitte in the North West.
Entrepreneurs' club launches in Liverpool
A new members' club solely for entrepreneurs, billed as the UK's most exclusive and fastest growing, is set to launch in Liverpool in partnership with Ford Campbell Corporate Finance. The Supper Club aims to provide peer group learning through intimate round table dinners, workshops and chaired forums, and hopes to attract owners of high-growth businesses from across the North West. Its first event will be on 22 July at Malmaison in Liverpool, followed by an event at Malmaison in Manchester on 9 September.
Vertex expands utilities division
Prescot-based outsourcing company Vertex has acquired the Utility Services business of Alliance Data Systems Corporation, a provider of billing systems, professional services and process outsourcing in the US and Canada. The deal is expected to be completed in the third quarter and will swell Vertex's existing utilities business to more than 2,000 employees across 18 sites. Vertex was established in 1996 as a subsidiary of United Utilities and was acquired by a consortium of three US-based private equity firms in 2007 for £217.5m.
Teatime for MYO
Property developer Urban Splash has secured another tenant at its Tea Factory development on Wood Street in the centre of Liverpool. Interior design company MYO Group has taken a 1,600 sq ft unit in the building. The company was established in March 2008 and specialises in interior design for high net worth individuals and businesses.
Planning application submitted for renewable plant
Energy technology business Energos, part of the Salford-based Ener-g group, has submitted a planning application to Knowsley Metropolitan Borough Council for a new renewable energy facility at Knowsley Business Park. The company plans to invest £40m in the facility, which would convert non-recyclable waste into green electricity for up to 10,000 homes as well as heat for local industry. If approved, it would take two years to build, create 20 jobs and become the second advanced thermal conversion plant in the UK. Energos has six other plants in Norway and Germany.
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