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Wednesday 25 January 2012

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Insider News - North West Edition
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Top story

Collapsed TJ Hughes needed £20m to survive

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...

 
insiderbusiness.tv latest video

Doing business in Wales - Life Sciences

Image Description HereGareth 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

 
Deals

Quindell takes £15m Ai Claims stake

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...

CSC proposes new Peel deals

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...

BFS loan for tea shop

A Manchester-based tea shop has secured a loan from Business Finance Solutions.   Read More...

 
Business

Blackburn closure key to Optare turnaround

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...

Essenden to close three Tenpin sites

Tenpin bowling operator Essenden is to close three sites in the North West after agreeing a company voluntary arrangement with its landlords.   Read More...

Jobs woe after Fountains collapse

More than 130 jobs have gone in Liverpool following the administration of facilities management contractor Fountains Group.   Read More...

New names unveiled for Business of Finance event

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...

 
Property

£30m Speke hotel and cinema set for go-ahead

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...

Turnover increase reported by Cruden Group

Construction company Cruden Group has reported a 4.5 per cent increase in turnover despite a "tough" economic situation.   Read More...

Unesco warns on Liverpool's world heritage status

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...

 
Other News

HSE to prosecute Cammell Laird

Sanderson Weatherall sells Discover assets

Final call for North West exporters

Ask:Goodman hands over Central Park scheme

 

Insider Features

Talking Point: How can we get the UK working?

Talking Point: How can we get the UK working?
John Walker, national chairman of the Federation of Small Businesses (FSB), discusses growing unemployment figures.

  Ask the Expert: Doing business in India

Ask the Expert: Doing business in India
Richard Heald, CEO of the UK India Business Council, highlights the potential for businesses to develop stronger links with the country.

  Top 500 Companies

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Legal Services
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