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Monday 19 December 2011

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Insider News - North West Edition
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Top story

High street jewellery chain collapses again

"Unforgiving trading conditions" are being blamed for the collapse of a North West jewellery chain which has entered administration for the second time in a year. Gemstone Retail and Gemstone Operations, which traded as HPJ Jewellers and Jewel Nation, have collapsed less than ten months after a rescue deal was completed.   READ MORE...

 
Deals

Betfred moves to allay competition concerns

The Office of Fair Trading (OFT) is considering an offer from Betfred to divest betting shops in 25 areas to resolve competition concerns following its acquisition of the Tote.   Read More...

Festival fever for Cream Group

Merseyside-based Cream Group has bought the rights to the annual Creamfields dance festival following Ingenious Ventures' decision to exit its operating company.   Read More...

Celebrity accountancy firm sold to JGG

Manchester-based accountancy firm S Crowther & Co, whose clients include Mick Hucknall, Alan Carr and Johnny Vegas, has been sold to James Grant Group (JGG) for an undisclosed sum.   Read More...

 
Business

Passengers boost MAG

Manchester Airports Group has posted a 7.7 per cent year-on-year rise in revenue to £218.5m for the six months to 30 September 2011.   Read More...

Staff wages among multimillion-pound Broker Assistance claims

Staff hit by the collapse of claims management business Broker Assistance are not expected to receive a penny of the £250,000 owed to them in wages and redundancy pay.   Read More...

Yearsley invests £1.4m in its fleet

Cold storage and distribution company Yearsley Group has invested £1.4m in a fleet of 20 new trucks.   Read More...

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Property

Kirkby set for £13m funding boost

A £13m investment will be ploughed into Kirkby as part of wider plans to regenerate the town centre.   Read More...

Wilkinson site bought in Conygar deal

The Conygar Investment Company has bought a 40,000 sq ft retail site in St Helens as part of a £40m deal.   Read More...

FSA launches stricter mortgage lending plan

The Financial Services Authority (FSA) has today launched a strategy to prevent a return of the "risky mortgage lending" of the boom times.   Read More...

 

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