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Insider News - North West Edition
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Top story

US still the land of opportunity, say entrepreneurs

North America is continuing to offer opportunities for North West businesses, Insider’s latest international trade breakfast was told. Other than the sheer scale of a market that speaks English and, for all the scorn poured on the phrase in certain quarters, speakers expressed how the region continues to have a special relationship with the UK and is an easy place to set up and scale workforce requirements. The event was held in association with UK Trade & Investment.

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Deals

New leaf at paper company

Thirty jobs have been saved at The Crimped Paper Works in Chapel-en-le-Frith after the business and assets of the company were bought from administration. Manchester packaging business Doric Anderton acquired the company from administrators at Leonard Curtis for an undisclosed sum.

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Entologi acquires remaining Hatch stake

Engineering group Entologi, based in Congleton, has completed the acquisition of Hatch Science, a US-based pharmaceutical testing business, for £600,000.

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Business

Region hit by further job cuts

The region’s jobs market has been dealt another blow this morning with the confirmation that Liverpool City Council is set to shed about 1,500 jobs following government cuts to its budget. The announcement follows news that broadband provider TalkTalk is to axe about 580 jobs as part of a plan to save £50m, with sites in Warrington, Irlam and Preston affected.

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Deloitte appointed to Total Asset Finance

Warrington-headquartered asset based lender Total Asset Finance has gone into administration. The company provides finance to small businesses and public sector bodies via the funding of receivables, plant and machinery, IT and vendor finance.

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JJB Sports rapped by FSA

Wigan retailer JJB Sports has been fined £455,000 by the Financial Services Authority (FSA) for failing to disclose information to the market about the true cost of two acquisitions.

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Ener-g set for jobs drive

Salford renewable energy technology company Ener-g will this morning reveal details of its planned expansion programme in 2011 as it looks to take on 100 employees.

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Brand new North West Top 500 Database 2011

Do you need help sourcing new clients? Insider’s Brand new North West Top 500 Companies 2011 database is our accurate and comprehensive business marketing list. Try our free sample and pre-order to receive a discount offer (expires 31 January 2011).

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Property

Trafford Centre deal given green light

Capital Shopping Centres’ (CSC) takeover of the £1.6bn Trafford Centre in Manchester has been rubber stamped after its shareholders voted to approve the deal.

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Developers buy Manchester’s Freemasons Hall

Manchester’s Freemasons Hall is to be redeveloped following its acquisition by a joint venture between Vision Developments and Ford Campbell Property Investments.

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Tough year for construction predicted

Up to 76,000 jobs are likely to be lost in the construction industry this year, according to a new report which warns of a "tough" year for the sector.

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Other News

Pretek secures £1m order

AstraZeneca beats expectations

Magnus scores a Cole

Businesses upbeat about profits

Community

Dealmakers wrap: 2011 – a year for tenacious creativity

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The path to doing a deal may be vastly different in 2011 than 2007, says Warwick Ley, partner at Endless LLP, but the dealmaking community still has a major role to play in getting the economy moving.

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Tague on Tour: MOSI launches with Brian Cox

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Neil Tague has been closely following progress at the Museum of Science & Industry, and took a behind-the-scenes look at the new £9m gallery ahead of its formal opening this week.

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Insider: Free tickets and Royal Exchange Theatre membership

Image Description HereFor this month only Insider Members can benefit from free tickets and a free trial Membership to the Royal Exchange Theatre. Offer expires 31 January 2011

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