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The administrators of Cheshire-headquartered Focus DIY have insisted that more jobs could be saved despite appointing consultancy Gordon Brothers to advise on the closure of the retail chain's remaining 123 stores. Ernst & Young's Simon Allport, joint administrator and managing partner of the firm's Manchester office, told Insider that discussions were continuing over the sale of a "significant number" of stores. READ MORE...
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insiderbusiness.tv latest video
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Setting realistic exit expectations
 Carl Houghton, partner at Clearwater Corporate Finance, explains how realism can help business owners to maximise value.
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Deals
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Greater Manchester LED lighting company MHA Lighting has secured a six-figure working capital facility from NatWest and RBS Invoice Finance to support its growth plans. Read More...
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The Wrexham FC takeover saga has taken another twist and the club now hopes to conclude a deal with Wrexham Supporters Trust. Read More...
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Business
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The regulatory price review in the water industry has hit sales and profits at Warrington-headquartered United Utilities, the UK’s largest listed water utility company. Revenues from continuing operations fell by £60m to £1.51bn in the year to 31 March 2011, while underlying pre-tax profits were 32 per cent lower at £329m. Read More...
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Manchester biopharmaceutical business Renovo Group this morning said 100 members of staff will be made redundant by the end of next month as the business winds down its operations and sells off remaining assets. Read More...
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The North West has attracted the highest level of inward investment since 1997, according to a new survey published by Ernst & Young today. Read More...
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Scapa Group, the Ashton-under-Lyne-based manufacturer, has performed "ahead of market expectations" in the year ending 31 March 2011. And the group has been boosted by the medical division where sales have grown by 29 per cent. Read More...
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Our 'Complete Set of Top 500 Companies' database is now more comprehensive than ever. Encompassing eight UK regions, it is our accurate and comprehensive business marketing database. This month buy all eight regions for the price of five. Try our free sample or order now. Read More...
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Property
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Bardsley Construction has revealed that sales climbed by almost 13 per cent in its last financial year and said it was "perfectly" placed to take advantage of any upturn in the market. Read More...
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Plans to regenerate Kirkby town centre have been passed by communities secretary Eric Pickles. The Tesco-led scheme, drawn up after the Destination Kirkby plans with Everton FC were scrapped, is expected to bring in more than £200m of private investment into the town. Read More...
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Rupert Barron, director of office agency at Colliers International in Manchester, has declared that research commissioned by Colliers shows that the Manchester office market is better stocked than most agents say. Read More...
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