SPX provides private sector boost

US-owned SPX Corporation aims to help the government by plugging the gaps left by a shrinking public sector. The company, a Fortune 500 multi-industry manufacturing leader, has opened its new European shared service centre in Manchester in a move expected to create 200 jobs over the next three years.

Stobart JV in £2m acquisition

Stobart Group has acquired part of a Sussex manufacturer and supplier of woodchip biomass fuel through joint venture company Stobart Biomass Products (SBPL).

Confidence returning, says Ashcroft

There is a "cause for optimism" in the deals market with confidence slowly returning, according Pro Manchester chief executive John Ashcroft.

Pets boss: don't give up equity cheaply

Pets At Home founder Anthony Preston's advice to entrepreneurs is to hold on to as much equity as possible when building a business. He was speaking at KPMG's Private Equity Forum yesterday.

Administrators called in at Dutton Carpets

Scores of jobs are at risk in Blackburn after carpet manufacturer Dutton Carpets went into administration.

Sixty-five jobs under threat at Westlakes Scientific

Westlakes Scientific Consulting, a provider of environmental consulting and health research services to public and private sector clients, has gone into administration.

BBC to move additional 118 staff

The BBC has delivered more good news for MediaCity with the announcement that a further 118 jobs are to be relocated to Salford.

Something for the weekend

This week: A Mere formality, no business like show-business, pigeon English and canapé won’t pay.

Infinity JV buys the Albany

The Albany Building in Liverpool’s Old Hall Street has been bought by Manchester-based private equity and property finance firm Infinity Asset Management in a joint venture partnership with 53N.

LSH sells spec office space in Tameside

Lambert Smith Hampton (LSH) has secured the first occupier for Bankside House, a speculatively built office development in Dukinfield.

Salford secures HCA grant

Work to improve more than 700 homes in Salford in the next year will still go ahead after the Homes and Communities Agency (HCA) released a £5m grant towards the city’s decent homes investment programme.

Tague on Tour – Don’t slow down

Where can the Manchester city region’s towns look to learn from as they seek to combat the leaking of retail and leisure spend to Manchester city centre and the Trafford Centre? Neil Tague urges a more expansive approach than looking to ape the play-it-safe approach of wealthy Wilmslow.

Talking Point: The death of “the region”

The "region" is dead, long live local. Insider editor Michael Taylor writes the obituary for a New Labour ideal.

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