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Top story
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The Pensions Regulator has confirmed to Insider that investigations into the pre-pack administration of Lancashire bed manufacturer Silentnight are ongoing after the sale allowed the company to dump its £100m pension liabilities. A new report has also revealed that unsecured creditors of the company should receive some cash owed to them, but the total estimated deficiency to creditors could be as much as £120m. READ MORE...
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Deals
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A consortium of investors eying the takeover of Manchester car dealer Lookers has pulled out of the process, sending the company's shares down 18 per cent to 57p. Read More...
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Coral Products has announced plans to move from the main listing to the AIM market to back a "significant" acquisition. Read More...
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Early-stage venture capital company Spark Impact has made its maiden investments from the £25m North West Fund for Biomedical in two businesses. Read More...
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Business
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Lloyds Banking Group has revealed plans to shed 15,000 more jobs by 2014. It hopes the move will create savings of £1.5bn per year. Read More...
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The Lancashire Local Enterprise Partnership has revealed it is set to submit a bid for an enterprise zone around BAE Systems' sites at Samlesbury and Warton. Read More...
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McArthurGlen Group has experienced "double-digit" growth across its portfolio and is eyeing expansion opportunities. That's according to its UK country manager Colin Wilding who told Insider that as well as targeting growth, the business was adding brands at its Cheshire Oaks Designer Outlet. Read More...
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Insider’s North West Top 500 2011 database is our accurate and comprehensive business marketing list, providing you with the strongest contacts for the region’s biggest companies. Order now and receive a 30 per cent discount or request a free sample now (offer expires 30 June). Read More...
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Property
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One-time "minister for Merseyside" Lord Heseltine said yesterday that the opportunities for Liverpool are "huge" in comparison to the issues faced in the early 1980s. Read More...
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A replacement bridge over the River Derwent in Cumbria is to be built after the Department for Transport pledged £11.17m to the project. It will replace the Northside Bridge in Workington which collapsed during the Cumbrian floods of 2009. Read More...
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The Institute for Public Policy in the North has welcomed Deputy Prime Minister Nick Clegg's move to allow local councils in England more control over their finances. Read More...
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