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WFEL celebrates profits hike

Defence engineering company WFEL has reported its strongest underlying profit growth in five years. The company, which makes rapidly-deployable bridges used by troops in Afghanistan and Iraq, was boosted by a major framework contract from the US Department of Defense.

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Deals

Daisy completes on £15.4m deals

Nelson telecommunications business Daisy Group told the Stock Exchange this morning it has completed its £15.4m deal to buy the assets of the Telinet and Ipitomi businesses.

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Survitec sets sail with Zodiac purchase

Birkenhead-based marine safety and survival equipment company Survitec Group has acquired liferaft business SOLAS from US rival Zodiac. Terms of the deal have not been disclosed.

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Business

Back the Bid – we want your views

Insider has thrown its weight behind Northern Hub, Network Rail's £530m plan to revolutionise trans-Pennine rail with high-speed, non-stop services connecting cities across the north. High-profile North West businesses, including Manchester Airport Group and United Utilities, have backed the bid and now we want your views with our 30-second survey.

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Anovo upbeat despite sales fall

The loss of a contract has hit sales at computer services company Anovo UK, which employs more than 450 people from its Manchester headquarters. But the company said it was on track to bounce back this year, with first-quarter revenues already ahead of management expectations.

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Chester set for £3.5m economic boost

Next weekend’s food and drink festival in Chester could boost the city’s economy by more than £3.5m, organisers have predicted.

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Forum calls on EU to drop online retail plans

Cheshire business support organisation the Forum of Private Business (FPB) has called on the EU to abandon proposals which could “cripple” smaller online retailers.

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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

Morgan Sindall wins Hopwood Hall work

Morgan Sindall has won a competitive tender to build a £4.6m facility for Hopwood Hall College in Rochdale.

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Penrith scheme sold for £4.15m

A food store and retail development in Penrith has been sold to private investors for £4.15m. Joint venture company Booths Penrith completed the sale.

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HOW submits Chesterfield plans

Redevelopment at Chesterfield FC's former home is set to begin after Manchester-based HOW Planning submitted plans for a residential development at the Recreation Ground.

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Other News

Former Thomas Cook man joins Holidaybreak

Businesses pessimistic on growth

JLR helps drive Tata sales

Lantern alights on agents

Community

Talking Point: The changing landscape for selling a business

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Neil Worsley, partner at Ford Campbell, believes that conditions are returning to the market that could lead to more deals. But businesses looking to sell must understand the various potential buyers.

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Talking Point: Fifteen minutes with Stephen Hester

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Insider’s Rupert Cornford meets the chief executive of The Royal Bank of Scotland. Bank bashing, lending and getting the RBS house in order are all on the agenda.

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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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