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The administrators of kitchen and bathroom showroom group Homeform have admitted that customers, employees and businesses owed a collective £30m following the company's collapse are unlikely to see a penny of their money. A new report seen by Insider has revealed that the Manchester-based company failed owing creditors more than £80m, with private equity owner Sun European Partners set to take a massive hit. READ MORE...
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| Deals |
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Merseyside plastics company Coral Products, which delisted from the London Stock Exchange's main market last week, has revealed plans to raise £2.7m to fund an acquisition and help it start life on AIM. Read More...
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Global manufacturer John Crane, which has its UK head office at Trafford Park, has bought the business and assets of US-owned Turbo Components and Engineering. Read More...
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| Business |
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The government's plans for 20 local television stations will lead to the "burnt out shells of local stations" across the country, the former boss of Manchester's city TV station Channel M has warned. Read More...
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Nearly half of the North West population believes debt and financial pressures contributed to the recent riots and looting, according to a poll commissioned by insolvency trade body R3. Read More...
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Winsford-based Wheelwash is targeting further international growth after securing quick-fire success in Europe, America and Australia with a range of wheel cleaning systems for plant vehicles. Read More...
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Looking to source new clients? Insider’s North West Top 500 Companies 2011 database is our accurate and comprehensive business marketing list, providing you with the strongest contacts for the region’s biggest companies. Order now and receive a 20 per cent discount or request a free sample now (offer expires 31 August). Read More...
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| Property |
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Liverpool FC managing director Ian Ayre has hit back at housing minister Grant Shapps after he called on the club to speed up its decision on whether to stay at Anfield or move to a new ground on Stanley Park. Read More...
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Support services and construction company Interserve has won contracts worth £14m at a Runcorn energy-from-waste plant. Read More...
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Businesses are being encouraged to give their views on plans for a second tram crossing across Manchester city centre. Read More...
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