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Top story
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Liverpool music scene can drive tourism – UK Music
Liverpool's reputation as a 'music capital' should be harnessed by the government to increase overseas visitor numbers and boost the region's economy, according to a new report published by industry campaign group UK Music. It comes as thousands of music lovers descend on the city for the fourth annual Liverpool Sound City festival which runs until tomorrow.
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Deals
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Oakley Capital set to underwrite Tote bid
Private equity group Oakley Capital is understood to have confirmed to the government it will underwrite a bid from former Liverpool FC chairman Sir Martin Broughton for state-owned bookmaker the Tote. The backing came as the racing industry reiterated its support for the bid ahead of an offer from Warrington-based Betfred.
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BGF launched as £2.5bn fund for the provinces
The £2.5bn Business Growth Fund (BGF) has been launched with a promise from business secretary Vince Cable that the fund – intended to provide much needed finance for small businesses – will have a strong emphasis on provincial Britain. It will be headquartered in Birmingham, with offices in Manchester, Edinburgh, London and Bristol. A recruitment drive to employ 100 staff has already been launched.
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Business
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Burton's set to reveal fate of Wirral factory
Hundreds of workers at the Burton's Foods biscuit factory in Wirral are today expected to learn whether efforts to mitigate job losses have been successful.
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Waterfront events boost Liverpool businesses
Liverpool's hastily-put-together Spring on the Waterfront festival helped increase footfall at the Albert Dock by almost 50 per cent and boosted hotel occupancy rates.
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Energetix appoints new chairman
Energy generation and management company Energetix Group has brought in the former director general of gas regulator Ofgas as its new non-executive chairman.
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Retail sales surge but caution remains
There was a bigger-than-expected surge in retail sales in April, boosted by the royal wedding and warm weather, according to official figures from the Office for National Statistics (ONS).
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Something for the weekend
This week: You go, girls!; BDP digs deep for colleague; and canapé won’t pay.
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Property
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Centric snaps up land for £6m scheme
Centric Property Group has acquired a 4.6 acre site at Estuary Commerce Park in south Liverpool for about £1m. The company is proposing to build a £6m office and warehouse development with over 82,000 sq ft of space.
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Premier Inn gets green light for Venture Fields
Planning permission has been granted for a 60-bed Premier Inn to be built at Widnes' new £10m leisure scheme - Venture Fields. The project is being developed jointly by St Modwen and Halton Borough Council.
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Tarmac rolls into Runcorn
Tarmac has taken two units on the Astmoor Industrial Estate in Runcorn after winning a new contract with Halton Borough Council.
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