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Top story
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RGF panel will be 'Scrooge-like', warns Wrigglesworth
The government’s new £1.4bn Regional Growth Fund can have a “considerable impact” on healing the north/south divide, according to Sir Ian Wrigglesworth, the deputy chair of the independent advisory panel that will consider funding proposals. But Wrigglesworth, speaking to Insider ahead of tonight’s deadline for the first round of bids, warned the fund would not be an open pot of money. “A lot of people think we’re Father Christmas, but it will be more like Scrooge,” he said.
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Deals
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Deadline close on Northern Foods offer
Time is running out for entrepreneur Ranjit Boparan if he intends to table an offer for Northern Foods, the owner of Accrington-based Hollands Pies. Boparan was the subject of a 'put or shut up notice' from The Takeover Panel and has until today to make an offer for the food manufacturer.
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Brunner Mond completes British Salt deal
Cheshire-headquartered manufacturer Brunner Mond has got the go-ahead to complete its £93m acquisition of Cheshire Salt Holdings, the parent company of British Salt.
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Administrators secure Hember sale
Thirty-two jobs have been saved at Hember Plant Hire in Warrington after the business was rescued from administration.
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Business
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Winter weather costs Stobart £1.5m
Snow and ice on the UK’s roads in December has cost North West logistics giant Stobart Group about £1.5m, although the company said it was still confident of meeting full-year market expectations.
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Activision set to close Bizarre studio
US games developer Activision has revealed it is set to close its Liverpool games studio Bizarre Creations with the loss of about 200 jobs. The studio was put up for sale by Activision in late 2010, but a buyer has not been found.
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50 jobs go at Johnson & Johnson
About 50 people have been made redundant at Manchester furniture and kitchen retailer Johnson & Johnson Furniture after the company entered administration. A further 20 jobs are still at risk.
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Davenham could be restructured
Manchester-based lender Davenham Group has revealed it is talks with its major shareholder about a reconstruction of the business. However, the company’s management has again warned that shareholders will probably not get any value from their shares.
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Something for the weekend
This week: The toast with the most; the bells, the bells; Epstein's personal touch; and where the listener comes first…
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Brand new North West Top 500 Database 2011
Do you need help sourcing new clients? Insider’s Brand new North West Top 500 Companies 2011 database is our accurate and comprehensive business marketing list. Try our free sample and pre-order to receive a discount offer (expires 31 January 2011).
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Property
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Peel Energy submits biomass plant application
Peel Energy has submitted a planning application to Cheshire West & Chester Council for a wood fuelled power plant at Ince Park. If granted permission, the biomass plant would generate enough renewable electricity to meet the average needs of 37,000 homes.
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Thomas leaves university and CCI
Andrew Thomas has left his position as chief executive of the Centre for Construction Innovation. Thomas has been with the organisation’s parent, the University of Salford, for ten years where he worked in its built environment school.
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Other News
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Liverpool ‘embassy’ will encourage investors, says Wallis
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ServicePower expects to be back in black
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Revenue spiced up at Patak's parent
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Symphony of work at Photolink
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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
