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Top story
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Broomhead worries over regional power shift
Steven Broomhead, the former chief executive of the Northwest Regional Development Agency, has warned that the North West’s future prosperity could be damaged if more regional powers are transferred to Whitehall. Speaking to Insider, he also questioned the speed in which the government axed regional development agencies, saying the transition to local enterprise partnerships (LEPs) should have been a gradual and piloted approach.
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Deals
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FC United share scheme raises £1m
FC United of Manchester say they have raised £1m from a community shares scheme introduced less than three months ago. The funds are set to go towards a £3.5m stadium proposed for Ten Acres Lane in Newton Heath. The shares scheme is now only a third of the way off its £1.5m target.
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Jobs saved by Leyland Holding deal
Leyland-based commercial vehicle group Leyland Holding Company has bought Trafford Park-based Hulme Group from administration saving 32 jobs.
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Funding deal seals Andrews Bowen Qatar contract
Fylde-based Andrews Bowen has won an export contract in the Middle East. It is to provide equestrian surfacing for the new Al Shaqab Equestrian Academy in Qatar. NatWest says it provided Andrews Bowen with a "six figure working capital facility" and letter of credit to help secure the contract.
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Warren hopes Lorenzo will aid growth strategy
Northwich-headquartered executive search business Warren Partners has said its merger with London-based Atticus Partnership will boost its growth strategy by drawing on the experience and skills of Atticus’ managing director Marcus Lorenzo.
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Business
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£185m North West Fund opens
The £185m North West Fund has opened and is ready to make investments. The public fund, one of the largest of its kind in Europe, is aiming to improve the region’s economic performance by an estimated £700m. Under EU rules, 40 per cent of the funds have to be invested in companies on Merseyside.
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Imerja wins £750,000 contract
Bolton-based IT services provider Imerja has been commissioned by Barnsley College to overhaul its IT infrastructure, in a three-year deal worth £750,000.
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Property
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Mace lands Corrie contract
Construction consultancy Mace has been appointed as project and construction manager for the relocation of Coronation Street and the fit-out of ITV’s new MediaCity offices.
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Wind farm builder wins appeal
Wind farm specialist Renewable Energy Generation, which has offices in Guildford, has won its appeal for the construction of a two-turbine wind farm at Orchard End in Lancashire.
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Splash pleased with Olympic listing
Manchester developer Urban Splash’s joint venture with Wiliam Pears Group has made a shortlist of nine for the Olympic Village in east London. Nick Johnson, deputy chief executive, told Insider: “It's early days yet, we still have a long way to go, however we are pleased to be placed in this heavyweight roll call.”
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Other News
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Ex-Man U boss takes over Inenco parent
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CBI in urgent snow shift call
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Utility company service is 'poor', survey reports
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Insolvency warning for non-profit companies
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