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Top story
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MSIF launches new fund
Merseyside Special Investment Fund (MSIF) has launched a new funding service. It is ready to invest in local businesses through its in-house fund management team Alliance Fund Managers (AFM). The Merseyside Loan and Equity Fund is made up of evergreen money - capital that has returned to MSIF from repayment and realisations from investments made by funds which launched in 1996 and finished investing in 2008.
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Deals
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Medical Gas Solutions secures another £1m
Medical Gas Solutions has secured further investment of £1m from commercial fund Finance Wales, a subsidiary of the Welsh Assembly Government. It follows the previous £1.5m invested by the body to support the Flintshire-based medical gas supplier's growth plans.
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Business
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Job fears at Novartis
Almost 200 jobs are at risk at pharmaceutical firm Novartis’ vaccine plant in Merseyside. The factory employs about 700 people at the site, which produces flu vaccines and a swine flu treatment.
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Cruise terminal could bring £12m boost
Construction of a full cruise liner terminal in Liverpool could double its annual economic impact from £6m to more than £12m, according to the city council. The news comes amid fresh calls for the government to overturn a decision that prevents the terminal from expanding its customs and luggage facilities.
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GB Group launches geo-data software
Chester identity management business GB Group has partnered with geographical information systems (GIS) provider ESRI UK to launch a new technology application. LocatorHub GBAccelerator brings together both parties’ software to link UK postcodes and addresses with live geographical data to help organisations make faster and more accurate location-based decisions.
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Government scraps Cheshire waste support
The government has withdrawn £100m of support for Cheshire’s 25-year waste disposal masterplan. Cheshire West and Chester (CWAC) and Cheshire East Councils have been on the verge of finalising a deal with their preferred bidder for the £850m joint contract.
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Insider Membership Deals
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Property
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Downing scheme named world’s best
Liverpool property group Downing has scooped an international award for its Broadcasting Place scheme in Leeds. The 23-storey tower, which is clad in Cor-Ten to give it a distinctive red colouring, has been named Best Tall Building in the World at a ceremony run by the Council on Tall Buildings and Urban Habitat.
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Anderson meets NESV for Anfield talks
Liverpool City Council leader Joe Anderson has met with Liverpool FC’s new owners to discuss plans for Anfield. He described the talks with New England Sporting Ventures (NESV) as “positive”.
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Colwyn Bay redevelopment approved
The masterplan for the redevelopment of Colwyn Bay town centre has been approved by Conwy County Borough Council’s cabinet. The masterplan, drawn up by DPP Shape, includes a remodelled shopping centre, town park and square and a new bridge linking the promenade to the town over the North Wales Expressway.
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Bestway opens after record build
Wholesale giant Bestway has opened in Aintree following the completion of a record-breaking build programme by Yorkshire-based PDR Construction. The £7m new building on a 3.5-acre brownfield site has 80,000 sq ft of sales space and had created 60 new jobs.
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Other News
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CPUK secures Blackpool Sainsbury's deal
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Wigan Council approves £200m regeneration plans
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