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Top story
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WikiLeaks scandal provides NCC boost
Manchester IT security and assurance business NCC Group this morning said it was well placed to take a market lead in the global information security and cyber crime ‘arms race’ as revenues and profits surged in the first half of its financial year. Chief executive Rob Cotton told Insider the company would be the first to denounce the WikiLeaks organisation for releasing such public-sensitive information, but said it had created a “splendid” opportunity for NCC, with IT security now a firm priority for governments and multinationals.
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Deals
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EV increases funds under management
Venture and growth capital fund manager EV has increased its funds under management by 40 per cent over the past 12 months to more than £100m. The firm has also confirmed that former 3i director Stephen Ross has been appointed its non-executive chairman.
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LDG expands glazing offer
Lancashire Double Glazing (LDG) is preparing for growth after completing a deal to buy Conservatory Coloured Glass (CCG) in Heysham. The acquired business was formerly owned by Malbern Windows & Doors, which was in administration.
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It’s a gas gas gas for Lancall
Warrington-based health and safety consultancy Lancall is on a recruitment drive and is looking to diversify on the back of a £125,000 funding line from Aldermore Invoice Finance.
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Business
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Mersey Gateway is good value, says Nicholson
A report that casts doubt on the long-term financial viability of the planned £431m second bridge linking Runcorn and Widnes has been attacked by senior figures working on the scheme. Mersey Gateway project director Steve Nicholson told Insider the report was "misleading" and "a deliberate attempt to undermine the project". His comments came after the Campaign for Better Transport, which published the report, said it was unlikely that money raised through tolls would ever cover the cost of the six lane bridge.
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Ash cloud hits MAG's results
Manchester Airports Group has described its first-half results as "robust" despite the airport business being negatively impacted by the volcanic dust cloud in April 2010.
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eBay dining site launched by ex-Living Ventures director
A former director of Cheshire restaurant operator Living Ventures is launching an online dining website. Holmes Chapel-based Paul Newman is behind the "eBay-style auction site" where customers can bid for dining packages at North West restaurants.
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Bell jets in for Insider breakfast
American Airlines director Graham Bell has been confirmed as a speaker at Insider’s first international trade breakfast of 2011. Following our hugely successful series of events last year, which looked at the markets of China, India and South East Asia, the next event will focus on business opportunities in North America.
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Property
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Waters completes Wilmslow deal
Waters Corporation, a US-based sciences group, has completed the purchase of the Wilmslow Office Park site from Royal Bank of Scotland.
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Capita re-signs at Lee House
Services giant Capita is to remain at Lee House on Manchester’s Great Bridgewater Street after re-gearing a number of leases with landlord CBRE Investors.
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Stewart Milne buys Cheshire site
Stewart Milne Homes has acquired a site in Tarporley from GB Development Solutions after Cheshire West and Chester Council granted planning permission for a residential development on the land.
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Other News
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European cash to fund museum programme
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Unemployment levels drop in North West
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Deadline nears for China trade awards
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Brand new North West Top 500 Database 2011
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Is this going to be a golden age for business angels? Or have the Dragons tainted their image? Michael Taylor reports.
For this month only Insider Members can benefit from free tickets and a free trial Membership to the Royal Exchange Theatre. Offer expires 31 January 2011
