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Liverpool discount retailer TJ Hughes would have needed a £20m investment to survive until the end of 2011, a new report has revealed. It also shows that asset-based lender Burdale has been repaid the money it was owed following the collapse but creditor claims totalling more than £400m are expected to go unpaid. READ MORE...
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| insiderbusiness.tv latest video |
Doing business in Wales - Life Sciences
Gareth Morgan and Penny Owen from the Welsh Government Life Sciences Panel join a panel of private sector experts to discuss how to stimulate and invest in the industry, which is worth £1.3bn to the Welsh economy.
Panellists: Professor Gareth Morgan, vice chairman, Welsh Government Life Sciences Sector Panel; Aled Finnear, chief executive and founder, Park Place Research; Matthew West, general manager, UK operations, Ortho-Clinical Diagnostics; Dr Penny Owen, product segment leader, GE Healthcare; David Ford, Director, e-Health Innovation Centre, College of Medicine, Swansea University
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| Deals |
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Quindell Portfolio, which yesterday agreed to buy Liverpool law firm Silverbeck Rymer, has taken a 30 per cent stake in Blackpool-based Ai Claims Solutions. Read More...
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The owner of the Trafford Centre in Manchester looks set to extend its portfolio of shopping centres after proposing two new deals with Peel. Read More...
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A Manchester-based tea shop has secured a loan from Business Finance Solutions. Read More...
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The closure of Optare's manufacturing site in Blackburn is part of the "substantial surgery" needed to continue the company's turnaround plan, its chief executive Jim Sumner has told Insider. Read More...
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Tenpin bowling operator Essenden is to close three sites in the North West after agreeing a company voluntary arrangement with its landlords. Read More...
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More than 130 jobs have gone in Liverpool following the administration of facilities management contractor Fountains Group. Read More...
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A host of names, including Andy Gregory, regional director of the Business Growth Fund, have now been confirmed to speak at Insider's Northern Ireland Business of Finance conference in March. Read More...
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| Property |
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Plans for a £30m mixed-use scheme in Speke look set to be given the green light at a meeting next week despite continued opposition. Read More...
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Construction company Cruden Group has reported a 4.5 per cent increase in turnover despite a "tough" economic situation. Read More...
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Unesco inspectors have warned that Liverpool's historic waterfront will be "irreversibly damaged" unless changes are made to Peel Holdings' plans for the area. Read More...
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