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Top story
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Businesses deliver Budget demands
North West business leaders have called on Chancellor and Tatton MP George Osborne to deliver a pro-enterprise Budget that is “clear, bold and decisive” and will help to stimulate growth and restore business confidence in the region. Osborne is being urged to implement measures that will cut regulation and taxes, boost exports and support lending.
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Deals
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JJB agrees rescue deal with landlords
Wigan retailer JJB Sports has secured backing from its landlords to close up to 89 stores and slash rents across its portfolio. More than 75 per cent of JJB’s creditors voted in favour of the Company Voluntary Arrangement.
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Ego adds Rocket to restaurant mix
Mediterranean restaurant chain Ego Restaurants, based in Bolton, is to merge with pizza business Rocket Restaurants under a new umbrella company called 3Sixty Restaurants.
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Betfred wraps up bingo deal
Warrington betting giant Betfred has bought the online bingo brand BuckyBingo.com and sister brand Bogoffbingo.com. The deal follows the break-up and sale of Manchester-based bingo club operator Buckingham Bingo.
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Business
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United’s parent reports £109m loss
Manchester United’s parent company made a loss of £108.9m in year to 30 June 2010, according to accounts filed at Companies House. Red Football Joint Venture is the parent company of United’s owners, the Glazer family.
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High leases and low confidence hits Henleys
The boss of Manchester-headquartered fashion group Henleys has blamed “fragile consumer confidence” and “onerous leases” for the company’s decision to close its 18-store chain.
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US deal boosts Cyprotex sales
Macclesfield drug development business Cyprotex has this morning hailed 2010 as a “transformational” year for the business as revenues nudged up following the acquisition of a US contract research lab.
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Property
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North West sites make World Heritage shortlist
Two sites in the North West and one in North Wales have made it onto a UK shortlist as a potential UNESCO World Heritage site.
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Bardsley completes £8m college
Duckinfield-based Bardsley Construction has completed the £8m Sixth Form College for Alder Grange Community Technology School in Rawtenstall, Lancashire.
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Conlon starts in Skelmersdale
Demolition work has begun on Kingsbury School in Skelmersdale to make way for an adult respite centre. Conlon Construction has been appointed to deliver the new £1.2m West Lancashire Adult Respite Centre which will accommodate residents with learning disabilities.
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Other News
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Bulldog embarks on expansion drive
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Calls for fuel duty rise to be scrapped as inflation increases
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Manufacturing is 'picking up pace'
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