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Top story

Prisk says Budget will deliver for businesses

Business and enterprise minister Mark Prisk has vowed that next week’s Budget will have business at its heart and help to strip away the red tape that holds companies back. He said the Chancellor would deliver the most “comprehensive, pro-enterprise Budget in a generation”.

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Deals

GI Partners buys Advanced Childcare

Private equity firm GI Partners has completed the purchase of Advanced Childcare, based in Stockport, in a deal that ends months of speculation.

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HQC deal could signal market recovery

The management buyout of Haydock-based HQC signals a return of the corporate finance market on Merseyside, according to Denise Walker, head of corporate at Brabners Chaffe Street and one of a string of advisers to work on the deal.

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Business

Manchester set for festival boost

Manchester is set for a multimillion-pound economic boost this summer when the third Manchester International Festival (MIF) kicks off in June. This year's festival includes more than 20 commissions, premieres and special events and takes place between 30 June and 17 July.

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Businesses target SXSW deals

More than 20 management companies, independent record labels and music PR agencies from the North West have this week been looking to broker international deals at the annual South by Southwest (SXSW) festival in Austin, Texas – the US’s largest music conference and festival. The trade mission will culminate with a showcase organised by Liverpool Sound City at the British Music Embassy tomorrow.

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Lloyds to cut North West jobs

Lloyds is to cut almost 200 jobs in the North West with 140 jobs set to go in Chester and 50 in Manchester. The jobs are going from the bank’s wholesale, retail, insurance and human resources divisions across the UK.

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Something for the weekend

This week: Don’t duck the issue; ice ice baby; red noses all round; and credit where it’s due.

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Boost your client base – Request a free Insider Membership Pack

Our 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 more. Request your free Membership pack now.

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Property

FreshStart gets fresh in Old Trafford

Plans have been announced by developer FreshStart Living to develop the Trafford Press building close to Old Trafford into a £9m scheme, including 116 apartments across five blocks.

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Genr8 wins approval in Stoke

Manchester-based Genr8 Developments has been granted outline planning consent for the first phase of a 50,000 sq ft scheme to build a new Central Business District in Stoke-on-Trent.

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Stealth in at Rhino Court

The administrators of Pinder Fry & Benjamin have secured the first letting at Rhino Court in Hazel Grove, Stockport. Technology firm Stealth Intelligence has taken 4,000 sq ft on a five-year lease for an undisclosed sum.

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Other News

Hurst joins global accountancy network

BAE confirms redundancy plans

William Anelay starts on listed Liverpool project

Community

Tague on Tour: Gotta get out of this satellite town

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A number of North West towns are vying to become cities as part of the Queen’s Diamond Jubilee celebrations. But are investors - or anyone else for that matter - really impressed by city status? Neil Tague investigates.

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Talking Point: The rental revolution

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The North West is set to undergo a shift towards the European model of renting rather than buying, says Saf Ali.

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