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Top story

Insider celebrates 20 years

The special issue of North West Business Insider to celebrate its 20 years at the forefront of regional business publishing is out now. Along with headline features including Manchester Airport chief executive Charlie Cornish, Stobart finance director Ben Whawell and entrepreneur Tim Bacon, the magazine features a special 32-page supplement on the two decades of Insider.

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Deals

Daisy buys £12m Outsourcery business

Nelson telecommunications business Daisy Group has chalked up another acquisition – this time paying £12m in cash for the Vodafone mobile service business of Manchester-based Outsourcery.

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Peel agrees £205m long-term loan

North West property giant Peel Group has completed a long-term commercial real estate financing with Aviva Commercial Finance. The £205m, 20-year senior debt is secured on 53 assets comprising a mix of industrial, logistics, office and retail properties, mostly in the North West and Scotland.

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Laytons celebrates deal work

The Manchester office of law firm Laytons is celebrating a record year of corporate work although partner David Sefton has warned the market remains difficult.

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Business

James Halstead celebrates record first-half

Commercial flooring manufacturer and supplier James Halstead has delivered a record set of interim results, with revenues breaking the £100m barrier for the first time.

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Losses widen at Davenham

Manchester-based lender Davenham Group has reported widening pre-tax losses in the first half of its financial year as revenues fell by a third.

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Funding cuts at Arts Council but sector ‘remains intact’

Liverpool’s Spike Theatre and Royal Exchange Theatre and the Halle Orchestra in Manchester have had their funding slashed by the Arts Council England. But the Manchester International Festival and FutureEverything received full grants of £500,000 and £139,330 respectively.

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Boost your client base – Request a free Insider Membership Pack

Our Insider Membership Club offers fantastic benefits for anyone doing business in the UK regions. Valuable sales leads, vital information, networking opportunities, competitor analysis and much more. Request your free Membership pack now.

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Property

Waitrose plans northern expansion with Chorley site

Waitrose has reached an agreement with Evander Properties and the British Airways Pension Fund to develop and lease a 30-acre warehouse site in Chorley in a move that could create 600 jobs.

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Regus opens ninth Manchester centre

Serviced office provider Regus is to open its ninth Greater Manchester centre. It has taken over the former United Business Centres space at the Digital World Centre in Salford Quays, close to MediaCity.

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GMC snaps up former Bolton manufacturing site

King Sturge has completed the acquisition of the former CMP Batteries site in Bolton on behalf of Greater Manchester Collections (GMC).

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Other News

Jewellery chain owed creditors £2m

Bribery law – companies must act

BAA forced to sell off airports

Suttons set to invest £9.5m in new tankers

Community

Insider at 20: Two decades in Manchester

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Patrick Loftus, practice senior partner at Deloitte in the North West, discusses the last 20 years in our Talking Point blog.

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In Focus: Looking for VCs? Try the pub

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Entrepreneurs looking for funding often wonder where to look. Michael Taylor has the address of a pub in leafy Cheshire.

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