Flowgroup reassures after VAT setback + MORE

REAL estate investor and landlord London & Cambridge Properties is threatening legal action against West Lancashire Borough Council after it gave planning approval to a rival schemeLCP claims St Modwe…

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Torotrak looking to raise £13.8m

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LANCASHIRE automotive technology specialist Torotrak has announced a near £14m fundraising to help it commercialise its innovations as it admitted to “disappointing” financial results.The company, bas…

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FIGURES released today by the Society of Motor Manufacturers and Traders (SMMT) confirm the UK automotive industry is breaking new records.SMMT’s 16th annual Sustainability Report reveals turnov…

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Flowgroup reassures after VAT setback

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THE boss of efficient energy products specialist Flowgroup says the company will not to allow a European Court of Just ruling increasing VAT on the Flow boiler from 5% top 20% affect its long term exp…

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TRANSPORT bosses have unveiled £1.5bn plans to roll-out more smart motorway schemes in the region.Among the new projects for the M62 announced by Highways England will create the biggest strech of sma…

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Business makes plea Budget plea for North + MORE

Santander to launch £40m SME fund

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SANTANDER, is to launch a new £40m investment fund to supprt SMEs in the region.The bank is partnering with Enterprise Ventures and the Greater Manchester Pension Fund for the new fund, and will revea…

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HSS Hire has celebrated continued growth with the opening of its 28th branch today despite a disappointing second quarter trading performance.The company which has the majority of its workforce based …

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THE North West has all the ingredients – entrepreneurial spirit, connectivity, people and finance – to be at the forefront of efforts to rebalance the economy.In our 19-page Growing Your Business Supp…

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BUSINESSES in the North want to see momentum behind the Northern Powerhouse agenda continue full steam ahead – but have demanded more power and cash be prised from the grip of central Government…

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Revised Lime Street plan launched

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RADICALLY revised plans for the regeneration of one of Liverpool’s most famous streets have been revealed.The bold new vision for the East side of Lime Street has been designed following consult…

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N Brown makes 'encouraging' start + MORE

N Brown makes 'encouraging' start

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PLUS-size retailer N Brown has reported a steady start to its new financial year, showing the business back in growth mode.The Manchester-based company, which owns brands such as Simply Be, Jacamo and…

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MANCHESTER-based biotech firm Premaitha Health has won multiple contracts for its non-invasive prenatal test on pregnant women across Europe.The deal provides women on the continent privately and in t…

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Soaring profits for Styles & Wood

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MANCHESTER-based property services firm Styles and Wood is celebrating a 200% pre-tax profit hike to £2.1m (2013: £0.7m) in its preliminary results for the year ended December 31.Revenue rose 3.2% to …

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AUTO Trader, the newly-listed online car sales group, has revved-up its annual profits as its promising start to life as a listed company continued.The company, based at First Street in Manchester cit…

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Bibby chairman set for key CBI role + MORE

FINDEL, the home shopping and education supply company based in Tameside, Oldham and Lancashire, has reported a year of good progress as underlying profits surged 28% to £26.5m.The group, which has re…

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HS2 construction start date confirmed

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THE Government has confirmed construction will start on the high-speed rail project HS2 in 2017.The first phase of the project – expected to take 10 years – will connect London with Birmingham with a …

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Bibby chairman set for key CBI role

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THE non-executive chairman of privately-owned Liverpool company Bibby Line Group, is set to be appointed as president of leading business group CBI.Irishman Paul Drechsler, who had a long career with …

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Storm over Bolton pothole 'jibe'

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A ROW has broken out between the Federation of Small Businesses and Bolton Council after the SME support organisation branded the town as ‘the pothole capital of Greater Manchester’.The FS…

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Paymentshield's big recruitment drive

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SOUTHPORT-based Paymentshield is creating 25 new positions across its business development team to support the company’s existing network of intermediaries and advisers as well as helping additi…

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Inflation returns at 0.1% + MORE

Inflation returns at 0.1%

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THE UK re-emerged from deflation in May with inflation rising, figures released today have shown.The Office for National Statistics said the Consumer Prices Index (CPI) rose by 0.1% in the year to M…

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 CCOUNTANCY and business software and services provider Sage has committed to Hunter’s 433,637 sq ft Exchange Quay office development in Salford Quays for a further 10 year…

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UP to 500 jobs will be created when Scarborough Group International opens a new office in Manchester ahead of the sales launch of its £30m Hat Box  scheme.The jobs will follow the company’s arrival w…

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A £300m fund designed to unlock stalled residential schemes across Greater Manchester will officially open for business next month.The Greater Manchester Housing Fund was created as part of the region…

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PASSENGER numbers at Manchester Airport increased last month with 2.8% more people passing through than in May 2014 and is on course to break the 23 million barrier by 2016.This was despite none of th…

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Council planner backs fracking at one Lancs site + MORE

RSK secures £33m of funding

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NORTH West-based RSK Group, the UK’s largest privately owned environmental consultancy, has secured a £33m long-term investment loan provided by a fund advised by Permira Debt Managers.The finan…

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LANCASHIRE Council planners say fracking should be allowed at one of two sites on the Fylde coast.In a long running and controversial saga over energy firm Cuadrilla’s application to explore for shal…

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LJ Group has announced the acquisition of a portfolio of four properties in Manchester’s historic Albert Square for £16.3m.It acquired the buildings from veteran Manchester landlord The Wrather …

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Insurer set to cut hundreds of jobs

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HUNDREDS of jobs are set to go at insurance company Aviva, which is closing two of its sites in Greater Manchester and relocating a third.The changes, which will impact 780 people working in the city …

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AUSTRALIAN manufacturer Certags has opened a European office – its first in the UK – in Manchester to complement its offices in the US and Down Under. The company is a specialist in the production of …

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University strikes deal to train US drug researchers + MORE

A DEDICATED business radio station for Greater Manchester will be trialled along with five other digital channels in the city.Broadcast regulator Ofcom has selected Manchester as one of 10 locations t…

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NORTH West consultancy GHA Livigunn has merged with engineering and architecture firm GHD.GHA’s offices in Leeds, Cheadle, Frodsham, Sutton Weaver and St Albans, with 160 people, will add to GHD’s o…

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BT North West director Mike Blackburn heads a group of prominent business leaders Queen’s Birthday Honours awards from the region.Blackburn, who receives an OBE for his services to the North Wes…

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MICHAEL Woodford, who blew the whistle on one of the biggest corporate scandals of recent years,  has recounted his extraordinary experiences during his brief stint as boss of Japanese manufacturer Ol…

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THE University of Manchester has entered into a new partnership with the US Food and Drug Administration to train new researchers and make advances in drug safety, development and personalised dosage….

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Northern pallet hub to open in Warrington + MORE

THERE’S less than two weeks to go until 10 intrepid professionals and executives business souls enter the ring at The Midland Hotel for the second Business Heavyweights event.Just three tables remain…

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FITTING out of Vietnamese street food restaurant Pho at the Corn Exchange has begun ahead of its launch later in the summer.Pho has confirmed it will open its first site in Manchester and its second i…

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Blues dial up Caribbean teleco deal

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MANCHESTER City and its sister club New York City have signed a second international partnership deal in a week.The latest commercial deal is with Digicel, a communications company focused on the Cari…

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UK pallet specialist Fortec Distribution Network is opening a regional hub in Warrington to serve the North of England.The hub will be used by 15 Fortec members currently based in the North  and Irela…

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Jewel House commercial space sold

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COMMERCIAL space at Jewel House in Manchester’s Northern quarter has been sold by Real Estate Investment Partnerships on a passing rent of £165,000 at a yield of 8% to a private investor.Real Estate …

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Discounters and deflation puts freeze on Iceland + MORE

Flybe transformation 'on course'

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FLYBE – one of the biggest airline operators by volume at Manchester Airport – has said it has resolved “nearly all of the company’s legacy issues” as it announced an upbeat review of the first of it…

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ICELAND Foods, the privately-owned grocer based on Deeside,  has seen sales and profits hit hard by competition from low cost rivals such as Aldi and Lidl.The company, led by charismatic entrepreneur …

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MANCHESTER’S expanded Metrolink tram system, has delivered a surge in revenues and passenger numbers.The Department for Transport said the 6.6% growth in passenger journeys to 31.2 million in the yea…

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JOY Global, an international mining support group, has acquired an 8.3 acre site in Bolton for its new regional base.The US company is to relocate its existing operation based in Ince, Wigan, to Harwo…

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MANCHESTER-based door and gate specialist Ensor Holdings has made significant progress in the second half of its financial year, reporting sales up 18% to £36.1m (2014:30.6m) in its preliminary result…

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18th century Lakes hotel sold for £2.7m + MORE

AN ‘idiosyncatic’ Cumbrian property, with prospects – it is only partially built – is being marketed for over £3m.The Lilymere Estate, which spans 1,528 acres of countryside including a private 34-a…

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BIRKENHEAD-based  Park Group is celebrating soaring profits and revenue in its final results for the year ended March 31.The online business which supplies gift vouchers and prepaid gift cards direct …

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HSBC to slash 8,000 jobs

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HSBC has announced plans to axe 8,000 jobs in this country and a further 12,000 worldwide in a major cost-cutting drive.The bank, which currently has around 48,000 employees in the UK, said it is look…

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PLANNING permission has been granted for an eight-storey office building at the £5bn Liverpool Waters scheme. Peel has received  consent for its 100,000sq ft Grade A office development, William Jessop…

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THE Rampsbeck Hotel in Ullswater in the Lake District has been sold to the team behind Cornwall’s Watergate Bay Hotel for £2.7m.The deal was brokered by international real estate adviser Savills on b…

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