|
Top story
|
Spending review: reaction from the North West
The government's decision to maintain investment in major North West infrastructure projects and protect the science budget have been welcomed by businesses across the region. But leaders have warned the government must now translate the £81bn-worth of cuts and efficiency measures into sustained economic growth.
|
|
Deals
|
RTS proposes sale to Entologi
Salford-based Robotic Technology Systems (RTS) has today said it has conditionally agreed a deal to sell RTS Life Science, which includes the trade and assets of both RTS Flexible Systems and RTS Thurnall, to newly-formed Entologi for £600,000 in cash.
|
Tayban deal saves 40 jobs
Tayban Developments, a designer and manufacturer of pre-cast concrete, has been bought out of administration. The sale has safeguarded 40 jobs at the company’s headquarters in Horwich, near Bolton.
|
RBS backs Omni Serv growth
Airline services provider Omni Serv has secured a £4.8m funding package from the Royal Bank of Scotland’s asset and invoice finance teams in Manchester. The deal has helped it secure a new £12m-a-year contract from the British Airports Authority.
|
|
Business
|
‘More politics than finance,’ says MBS Spending Review forum
A panel forum convened at Manchester Business School agreed that the Comprehensive Spending Review was more of a political exercise than an incisive view of how and when major cuts will take place.
|
Shieldtech calls in the administrators
Warrington body armour manufacturer and distributor Shieldtech has gone into administration after running into financial trouble. More than 60 staff, including those employed by its subsidiary Aegis Engineering, have been made redundant.
|
Matalan confirms McGeorge departure as profits rise
Discount fashion retailer Matalan has reported a “satisfactory” first half performance and confirmed that its chief executive Alistair McGeorge has stepped down as chief executive. The business, which is headquartered in Skelmersdale, said finance director Paul Gilbert has become acting chief executive of the group.
|
Boost your client base
Our Insider Membership Club offers a wide range of benefits to the business community. Potential sales leads, valuable data and analytical coverage, competitor analysis and much much more. We keep you better informed than any other business publication in the region. Exclusive introductory offers available this month.
|
|
Property
|
Leaders welcome Merseyside transport boost
Chancellor George Osborne has given a huge boost to infrastructure projects in Merseyside and Cheshire with confirmation that the £431m second Mersey crossing between Runcorn and Widnes will go ahead. He also approved the £100m upgrade of rail lines between Liverpool, Manchester, Preston and Blackpool. Halton Council leader Rob Polhill told Insider the projects were "hugely important" for the region, but called on the government to clarify the exact amount of cash the Mersey Gateway scheme will receive.
|
Pochin to build Robbies visitor centre
Pochin Construction has been awarded another contract for long-term client, Stockport brewing and pub group Frederic Robinson. The contract comprises the refurbishment of the Brew House and creation of a visitors' centre at the Unicorn Brewery in Stockport.
|
Colliers at the double
The Manchester office of Colliers International has sold the former Allied Carpets distribution depot in Raikes Lane, Bolton, for £1.75m. The 180,000 sq ft warehouse and office facility occupied a 7.4-acre site and was purchased by Bolton-based Mark Two Distributors.
|
|
Other News
|
Liverpool confirm Purslow departure
|
Adams promoted at Altium
|
Retail big hitter Williams joins DJD
|
Franklins to open in Metquarter
|
Full Steam ahead on Cross Street landmark
|
