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Thursday 21 July 2011

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Insider News - North West Edition
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Top story

Co-op gets green light for Thomas Cook merger

The Competition Commission has provisionally cleared Thomas Cook's retail merger with The Co-operative Travel and Midlands Co-operative, paving the way for the creation of a high street chain with 1,200-plus shops. The Co-operative Group's chief executive Peter Marks hailed the decision saying it would create the "most exciting and dynamic travel business in the UK".   READ MORE...

 
Deals

Hurstwood in £90m refinancing deal

Manchester property company Hurstwood Holdings has agreed a £90m refinancing deal with a syndicate of five banks.   Read More...

Ludlow completes DT Lord deal

Southport independent financial adviser Ludlow has bought Merseyside rival DT Lord (Financial Management). The deal takes the company's funds under management to more than £280m.   Read More...

CBG's shares surge as Giles reveals offer

The share price of AIM-listed insurance and financial services company CBG Group has surged after rival Giles Insurance Brokers revealed its proposed offer price for the Manchester business.   Read More...

 
Business

Revenues top £100m at Hill Dickinson

Turnover has topped the £100m-mark at law firm Hill Dickinson. Its results were boosted by the addition of the Liverpool and Sheffield offices of collapsed rival Halliwells.   Read More...

North-south divide widening - IPPR

The north-south divide is widening because drivers of economic growth are concentrated in the south, according to new analysis by IPPR North. The think tank claims the north lags behind in areas including skills, business start-ups and infrastructure investment.   Read More...

IAS B2B reveals global ambitions

Bollington-based IAS B2B Marketing is looking to expand its presence in Europe, the US and the Far East after walking off with a global award for its work. Managing director Rob Morrice told Insider the business has a ten-year plan in place to be the "world's number one" business-to-business marketing agency. He also dismissed speculation that a buyout could be on the cards from parent company Media Square.   Read More...

DRL expects strong growth

Bolton online kitchen appliance retailer DRL, which was ranked tenth in Insider's annual Growth 100, is targeting revenues of £250m this year following a 'dramatic' rise in sales.   Read More...

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Our 'Complete Set of Top 500 Companies' database is now more comprehensive than ever. Encompassing eight UK regions, it is our accurate and comprehensive business marketing database. This month buy all eight regions for the price of five. Try our free sample or order now.   Read More...

 
Property

Closing arguments heard in CPO inquiry

The closing arguments of the two sides involved in the proposed Compulsory Purchase Order (CPO) taken out on Manchester’s London Road fire station have been heard at Manchester Town Hall. The site has been owned since 1993 by Alex Langsam’s Britannia Hotels Group, owner of 36 hotels and the iconic Pontins chain.   Read More...

Sonae to rebuild controversial Kirkby plant

Sonae Industria has confirmed it will reconstruct its fire-damaged woodchip plant in Kirkby despite calls for the site to be closed permanently.   Read More...

Conferma buys Cheadle Royal site

Muse Developments has completed the sale of a 6,500 sq ft office building at Cheadle Royal Business Park to virtual card payment technology company Conferma.   Read More...

 
Other News

Jobs boost after Jacobs awarded URENCO contract

Claims rack up against Nuttalls of Chester

Insolvencies drop in second quarter - PwC

Rouse joins Avid

 

Insider Features

Talking Point: Transport will drive North West

Talking Point: Transport will drive North West
Darrell Matthews, regional director of the Institute of Directors North West, gives his take on the North West's transport plans.

  Business Matters: Research shows SMEs want more from their banks

Business Matters: Research shows SMEs want more from their banks
Steve Sankson, NatWest's regional director business and commercial banking, Greater Manchester, discusses the evolving funding relationship between banks and SMEs.

  Business Matters: Uncovering the truth

Business Matters: Uncovering the truth
Rob Cotton, chief executive of NCC Group, shares his views on how companies shoud prepare for the ever-more advanced threat of cyber attacks.

 

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