Opal founder Wall adds Libor claim to £40m RBS lawsuit + MORE

MANCHESTER-based oil exploration firm Enegi Oil may sell its interests in Canadian oil fields to focus on “marginal fields” in the North Sea.These are pockets of oil which are known about but which ha…

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How modern marketing tools are the best way to get your business in shape to sell
Image source: Jason A. Howie
All too often, business owners wait until financial disaster threatens before deciding to sell up. Even mild losses can prompt a nervy proprietor to throw in the towel.
However, if a business is trending downwards, it’s not going to be as attractive to prospective buyers as a thriving enterprise…

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MANCHESTER United’s recent transfer splurge, including breaking the British record with the near £60m signing of Argentina winger Angel di Maria, has made this summer the most valuable ever, accordin…

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THE founder and former owner of a failed Manchester student housing company Opal Property has launched a further claim against lender, Royal Bank of Scotland in a multi-million pound court action he i…

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THE £20m fund which supports small and medium-sized business in Greater Manchester allocated 20% in its first year, fuelling growth at seven companies.Founded a year ago, the Greater Manchester Loan F…

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Footballer Onuoha invests in friend's luggage firm + MORE

MANCHESTER developer Capital & Centric has signed a £1.4m gap funding agreement with the European Regional Development Fund for a speculative scheme at Estuary Commerce Park in Speke.Last year consent…

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AN entrepreneur who launched his business out of frustration with aircraft luggage charges has wooed investment from his school friend, Premiership footballer Nedum Onuoha.The former Manchester City d…

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LIVERPOOL City Council is seeking compulsory purchase powers for 120 properties in the Kensington district of the city.They stand in the way of the third, 149 unit phase of a 450 house development by …

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Benefactor gifts pub to village

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STOCKPORT brewer Robinsons has sold a pub in Catforth, near Preston, to an investor who has gifted it to villagers.The identity of the benefactor was not disclosed, but property agent Savills said he …

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Developers home in on Ancoats

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THE Homes and Communities Agency (HCA) is working on a string of small property deals in Ancoats.The agency inherited large amounts of land in Ancoats from the North West Regional Development Agency w…

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TheBusinessDesk.com.TV: NW Ice Bucket Challenge + MORE

BUSINESS leaders are set to follow footballers and celebrities to face the Ice Bucket Challenge.TheBusinessDesk.com and marketing agency MC2 have launched the North West Ice Bucket Challenge in Manche…

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City lands Cameroon teleco as sponsor

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MANCHESTER City FC has scored a two-year tie-up with an African telecoms company.Financial terms of the Blues’ partnership with MTN Cameroon – were not disclosed., but MTN has acquired wide-ran…

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A little-heard of food company, heaquartered in central Manchester, has been named and shamed as the country’s worse tax offender, having been wound up owing HMRC more than £29m.Saad Victoria Food & …

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Car production boom driving export growth + MORE

ON the eve of Manchester Pride, the annual August bank holiday celebration of gay and lesbian life, Week Ending spotted several cheeky adverts in and around the city’s Gay Village from Birmingham’s …

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CHESHIRE credit card company MBNA has launched a high visibility marketing push in London.The brand, one of the biggest employers in Chester and part of Bank of America Merrill Lynch, has agreed a thr…

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THE Co-op Bank has cut half-year pre-tax losses to £75.8m but also drastically reduced the scale of its business.Year-on-year, staff numbers have fallen by 21% to 5,860.And since Christmas it has clos…

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THE growth of the UK car industry continues to have a beneficial effect on the country’s balance of trade, latest production figures have shown.Last month saw the five millionth car exported fro…

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WARRINGTON company A-Plant has invested £15m in ramping-up its fleet of  powered and low level access machines. The hire company, headquartered at Birchwood Park, has placed significant orders with si…

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Demolition progresses at Dominvs site + MORE

A DISTRIBUTION base occupied by North West home shopping group Shop Direct has changed hands for £8.5m.GVA has sold the 330,112 sq ft distribution facility in Little Hulton, Bolton, to private real es…

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CHESHIRE East Council is proposing an “urgent” amend to a section 106 agreement, fearing it faces a £1.5m hit on the cost of a proposed school building after getting its numbers wrong.The case relates…

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Demolition progresses at Dominvs site

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SALFORD demolition firm Anthony O’Connor has made rapid progress on the demolition of the former Labour Exchange in Manchester to make way for a 300-bed four-star hotel.London-based developer Dominvs…

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INVESTMENT firm Moygannon has acquired a significant minority stake in North West asset valuation and recovery group Winterhill Largo.   Winterhill Largo, which has a £6m turnover, is based in Manches…

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PLANS have been submitted to Warrington Borough Council for a major new logistics base at Omega which is understood to be for online retailer The Hut Group.Omega Warrington Ltd (OWL) has lodged an app…

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Chamber chief 'disgusted' by anti-fracking sit-in + MORE

THE head of North and Western Lancashire Chamber of Commerce has criticised anti-fracking protestors, claiming they injured a member of her staff and damaged property.But protestors, who believe frack…

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HOLMES Chapel-based Chestergate Properties has sold an industrial unit at Gemini Business Park in Warrington for £2.6m.The 33,000 sq ft site in Europa Boulevard is let to athletic equipment firm Asics…

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THE Government has announced the shortlist of companies bidding to run the Northern and TransPennine rail franchises.The franchises, which carried more than 110 million passengers last year, connect p…

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11-year ban for Manchester accountant

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MANCHESTER accountant Bernard Haskell has been given an 11-year director ban after falling behind with tax and failing to keep proper books.Mr Haskell, 63, ran Stretford-based accountancy firms Haskel…

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Inflation falls back to 1.6%

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THE headline rate of inflation eased back to 1.6% in July according to the Office for National Statistics (ONS).The decrease in the Consumer Prices Index (CPI), from 1.9% in June, was largely down to …

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NAB adds £245m to mis-selling bill + MORE

NAB adds £245m to mis-selling bill

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NATIONAL Australia Bank, the owner of Yorkshire and Clydesdale Banks, has warned it will need to set aside a further £245m relating to the mis-selling of payment protection insurance and interest rate…

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A SMALL firm born out of a regional success story is flexing its own muscles with impressive growth and an national award nomination.The Protein Works, which is based at Manor Park, Runcorn, has seen …

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Ixis celebrates decade of success with record turnover + MORE

REAL estate investor Legal and General Property has confirmed the £75m acquistion of One Piccadilly – the office building which is home to Bank of New York Mellon and a number of leisure operators.The…

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Government boost for home workers

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THE opportunity for entrepreneurs to start a business from home has been given a boost under a new package announced by the Government today. Around 70% of new businesses start off in the home and con…

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A WARRINGTON web specialist is celebrating record turnover and staff growth in its tenth year. Ixis is on target to achieve £1.6m in revenue, while the business, based at the Brew House on Wilderspool…

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LAW firm Irwin Mitchell said annual profits had falledn 8.5% aas a result of investment in new office openings, partner hires and the sale of its Spanish practice.Despite gentle revenue growth of 1.2%…

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TWO Manchester housing associations,  City South and Eastlands Homes have announced a plan to merge to creatie a new  group with 12,400 homes and net assets of more than £100m.In a statement the two o…

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