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Top story
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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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insiderbusiness.tv latest video
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Accessing finance from private investors
 Private investors can help take your business to the next level - but how do you attract their attention and money? Angel investor Joe Dwek offers an invaluable insight.
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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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Enegi agrees technology deal and funding line
Manchester-headquartered Enegi Oil has entered into an exclusive four month agreement to buy Advanced Buoy Technology (ABT) and secured a £7.5m equity line from investment manager Dutchess Capital.
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Business
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Manchester's eye back on the ball, says hotel chief
Leading Manchester hotelier Stephen Miles has said local special events are the key to the economic success of a hotel development and Manchester's eye is "back on the ball".
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Homecall Plus enters compulsory liquidation
Homecall Plus, one of Britain's biggest home emergency insurance providers, has been forced into compulsory liquidation leaving thousands of homeowners and landlords without domestic emergency cover.
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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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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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Stockport to redevelop Dialstone Centre
Stockport Council’s executive has agreed, subject to a scrutiny panel meeting, to enter into a development agreement with THI Riverside for the regeneration of the Dialstone Centre, the Blackstone Fields and the former Dial Park primary school.
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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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Other News
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LEP board sets Greater Manchester priorities
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City looking for stadium sponsor
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Energetix appoints new chairman
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Retail sales surge but caution remains
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