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Littlewoods scoops branding award
Liverpool home shopping giant Littlewoods was last night named the North West’s best retail and mail order brand, beating off competition from JJB Sports and Matalan to take the title. The company scooped the award at law firm Hill Dickinson’s North West Top 100 Brands Awards, held at the Bridgewater Hall in Manchester. The big winner of the night, however, was Manchester-based The Co-operative, which walked away with four awards including the overall title of Top North West Brand. “These and many other regional, national and indeed international brands are based in the region and we’re delighted to recognise their success and the pride the region has in them,” said Tony Wilson, senior partner at law firm Hill Dickinson. Other winners included BAE Systems, AstraZeneca and Blackpool Pleasure Beach.
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Deals
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RBS sticks close to its clients
With banks under attack from business groups that believe the financial institutions should be more supportive of companies struggling their way through the crisis, regional bankers are keen to point out that, while new deals are hard to come by, they are still supportive of existing clients. Ian Bateson, head of business development at The Royal Bank of Scotland (RBS) in Liverpool, told Insider: “If a business is showing signs of distress they will be looked after more carefully by a specialist team to bring them back to health. It might need additional cash support, improved financial systems, cost reductions. There’s an impression that banks are under instruction to call in debts, but that’s not the case.” It’s at times like this the “relationship banking” mantra actually needs to ring true and RBS relationship manager Ian Hatch said: “We are under instruction to get as close as we can to our customers. We are trying to identify early on any possible problems or strains so we can help. Any actions are joint decisions with the customer.”
Pubs back on the market
The administrators of Liverpool brewer Cains Beer Company have placed 26 freehold pubs back on the market after talks with pub company Calco Midlands broke down. PricewaterhouseCoopers confirmed to Insider the properties were now back on the market and open to offer until 21 November. Simon Watkin, finance director at Calco Midlands, said: “We had agreed a period of exclusivity whilst we reviewed the assets we were interested in acquiring. However, during that time what is now described as the banking crisis occurred and funds were no longer available at a sensible price.” Cains collapsed into administration in August after posting heavy interim losses and Bank of Scotland pulled the plug on its support of the business.
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Business
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Profits up at Rensburg
Wealth management group Rensburg Sheppards, which has 11 offices across the UK including Liverpool, has pushed half-year pre-tax profits to £16.4m from £15m a year earlier. The group, which also includes Rensburg Sheppards Investment Management and Rensburg Fund Management, increased basic earnings per share by 10 per cent to 26.3p. Chief executive Steve Elliott said: “Against a backdrop of challenging markets, I believe we have the right business model to successfully trade through the current market conditions.” Group funds under management at 30 September 2008 were £11.45bn, down from £12.95bn at the end of March.
Search for green heroes commences
The Mersey Basin Campaign has begun the search for environmentally conscious companies from across the region to enter the Northwest Business Environment Awards 2009. Businesses of all shapes and sizes are invited to enter the awards by nominating themselves by 2 February 2009 in one or more of the following categories: best environmental practice (products and service), built environment, sustainable procurement, environmental innovation and environmental champions. For more information visit www.merseybasin.org.uk.
Carlisle action plan outlined
Regeneration body Carlisle Renaissance has agreed its first action plan, setting out the board’s priorities and what needs to be done to deliver them. Key priorities include the new University of Cumbria facilities at Caldew Riverside, planned to open in 2012; improvements to the historic quarter of Carlisle; and development of the M6 corridor to deliver new sites for businesses. A business-led group is being set up by the city council to make recommendations on future city centre management and on investment into marketing, maintenance and the public realm.
Pies in green vans
Holland’s Pies, the Lancashire-based pie and pudding maker, has taken delivery of the first of its 28 new, fuel-efficient delivery vans. The new vans, which represent an investment of over £1m, will be supplied by commercial vehicle and logistics firm Ryder Europe. The new vans will halve Holland’s carbon footprint by half a ton of carbon per year and save the company over £200,000 in fuel efficiency alone.
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Property
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Back to school for Austin-Smith:Lord
Liverpool-based architects firm Austin-Smith:Lord has completed a masterplan for the £60m redevelopment of one of Wales’ largest further education (FE) colleges. The practice was commissioned by Coleg Sir Gâr to develop a framework for consolidation of its Jobs Well and Pibwrlwyd campuses in Carmarthen, South Wales, into a single flagship development. The Liverpool team is working on £200m of FE developments across the North West and Wales, including a £95m redevelopment programme for Stockport College and a £4m new-build extension for Liverpool Community College.
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