Morgan out to offload Wolves + MORE

Morgan out to offload Wolves

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LIVERPOOL-businessman and owner of Wolverhampton Wanderers FC has put the Molineaux club up for sale.Morgan, the founder of Redrow housing group, is aiming to end an eight-year association with the cl…

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MANCHESTER Airport has launched a new online tool that allows the public to see flight and noise data collected by the Airport’s new aircraft noise monitoring and tracking system.WebTrak allows …

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BIO-medical company 4D Pharma has revealed losses of £4.1m as it focuses on the development of groun-breaking biotherapeutics.In its interim results for the six months ended June 30, the Manchester co…

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INFLEXION has completed a partnership capital minority investment in Mobica, an award-winning software development and integration services company headquartered in Manchester. Founded in 2004 by the …

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Jones takes 10% stake in Outsourcery

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TECHNOLOGY entrepreneur Lawrence Jones has invested more than £1m in taking a 10.5% stake in loss-making listed cloud computing firm Outsourcery.Jones, who with his wife Gail owns UKFast, the Manchest…

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Speedy targets costs after profit warning + MORE

Chemicals firm fined after blast

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A CHEMICAL firm has been fined after a hydrogen explosion blew a vessel lid through a factory roof.Health and safety investigators said the consequences of the blast at Catalloy on Moss Bank Road, Wid…

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REGENERATION company Harworth Estates has agreed to sell a development site at its Logistics North development in Bolton to Exeter Property Group.The sale of the freehold 18.3 acre site represents the…

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CONSTRUCTION equipment and tool rental group Speedy Hire has warned  full year profits will be “materially below” expectations after its poor start to the year.Shares tumbled 16% to 31p on the news. S…

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EFFICIENT energy specialist Flowgroup is reporting strong growth, despite having to postpone the volume launch of its new combination boiler until early 2016.Revenue for the Chester-based company clim…

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Stars wow prize winners on inaugural Amsterdam flight + MORE

A GROUP of celebrities departed from Liverpool John Lennon Airport (LJLA) on Flybe’s new Amsterdam service to spend the day out and about in the Dutch capital performing live at various location…

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IT network provider Electranet, which has a base in Warrington, has been sold by Manchester private equity firm Palatine to Capita for £37m.Electranet is one of the UK’s few commercial sites approved…

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Synexus on verge of listing

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LDC, the private-equity arm of Lloyds Banking Group, is considering an initial public offering of outsourced clinical-trials company Synexus, headquartered in Chorley, Lancashire.The private-equity gr…

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BOLTON-based medical products manufacturer Vernacare has signed a memorandum of understanding with Sinophi Healthcare which will deliver £10m worth of business to hospitals in China.Vernacare signed t…

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A STRATEGIC Partnership Board has been set up as part of the devolution of Greater Manchester’s health and care services.It outlines how 38 organisations will work together to improve the region’s h…

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Harrison joins private equity firm Endless + MORE

A SEARCH is on for a development partner for the Mayfield Quarter which will reshape Manchester city towards Piccadilly and the coming HS2 Northern Hub.The Mayfield Quarter will create more than 7,500…

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LAUNCHING the bidding process for HS2 contracts while on a trade visit to China, Chancellor George Osborne urged firms there to invest in the high-speed rail projectThe seven contracts cover the first…

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PRIVATE equity firm Endless has recruited Richard Harrison on to its Manchester team with immediate effect.Harrison joins the company as an associate director after more than 11 years as part of KPMG…

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NWF, the Cheshire-based agricultural feeds, food logistics and fuel distribution business, has said its feeds business remains under pressure as a result of lower milk prices in the UK.In the Food div…

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PRIMARY care property investor and developer Assura has announced a share issue to raise £300m after expenses to fund further acquisitions and development.The company said the issue would fund the nea…

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Store plan to make way for news homes + MORE

PLANS have been approved for a £3.5m apartment scheme in Bootle, Merseyside.Euan Kellie Property solutions secured permission from Sefton Council for the 33-apartment scheme on behalf of Brickland. Th…

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THE £730m Middlewood Locks residential and commercial scheme is the biggest of three projects in the Northern Powerhouse with a gross value of £1.2bn to attract investment from China.Chancellor George…

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THE historic building in a Salford park which was the inspiration for the classic children’s novel The Secret Garden looks set to become a boutique hotel.Salford councillors and officers have me…

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Store plan to make way for news homes

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A LARGE site in Newton-le-Willows, Merseyside initially earmarked for a new supermarket has been sold by asset manager Gresham House to Persimmon Homes for £7.25m.The sale signals Gresham has abandone…

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NINE firms of architects, including practices based in New York and Rotterdam as well as this country, have been shortlisted to design The Factory, Manchester.The new £110m arts and cultural developme…

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Premaitha losses near £5m, but IONA test set for global take-off + MORE

CHESHIRE company Playnation has been bought by Austian gaming group Novomatic, two years after a MBO backed my Manchester-based private equity firm Palatine.Palatine, which spun the business out of US…

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BIOTECH company Premaitha, pioneer of a new non-invasive prenatal test for Down’s Syndrome, has revealed losses of nearly £5m incurred during the development of the ground-breaking proceedure.Bu…

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CURTIS Stewart has been named as head chef at Manchester’s soon-to-be-launched Quill restaurant in King Street, following a £1m investment.The 27-year-old, who was brought up in Bury and attende…

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MULTI-channel retailer Better Bathrooms, has taken its first steps north of the border with its first Scottish showroom in Edinburgh. The Leigh company’s ninth showroom is located in a former car dea…

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PZ Cussons, the Manchester-based international consumer products group says its challenges in its major overseas markets are continuing, but is confident it can still meet its forecasts.In a trading u…

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Jerrold decides Together is better + MORE

£5.5bn insurance deal falls down

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A £5.5bn takeover bid by Swiss insurer Zurich for UK counterpart RSA has fallen down.RSA, the largest commercial insurer and owner of the More Than brand, said its suitor had pulled the plug on the pr…

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AO World 'making progress'

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ONLINE domestic appliance retailer AO World has continued to see strong growth over the summer months.In a brief update the Bolton company said it expects sales in the three months to the end of Septe…

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Jerrold decides Together is better

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NORTH West financial services company Jerrold Holdings has unveiled a major rebrand and a 35% surge in annual profits.The Cheadle-based group’s new name is Together, a new identity the company believ…

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SALES of nicotine gum in Canada have helped Flintshire-based domestic products company  Revolymer to a 62% increase in revenue to £594,000 in the first six months of 2015.Gross profit for the period t…

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INFRASTRUCTURE and support services company Stobart Group has signed a 14 year index-linked fuel supply agreement to a 40MWe biomass plant on Teesside.The deal with the wood-fuelled biomass facility a…

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Lancaster named top varsity for second year running + MORE

PAYMENT processing company Worldpay is to float on the stock market.Part of Royal Bank of Scotland until 2010 when it was acquired by private equity firms Advent International and Bain Capital, Worldp…

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LANCASTER University has been named the top university in the North West for the second year running in The Times and The Sunday Times Good University Guide 2016. The university has climbed one place …

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THE ACC Liverpool Group says it has generated £1bn for the city economy since it opened in 2008.Liverpool Mayor Joe Anderson revealed the figure as the venue launched its new Exhibition Centre at an e…

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THREE North West supermarkets are among thre 11 under-performing stores to be closed by Morrisons.The Yorkshire-based retailer flagged-up the closures – which will cost around 900 jobs – last week, bu…

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SENIOR Management from Liverpool John Lennon Airport (LJLA) travel to Durban in South Africa this weekend ahead of The 21st World Route Development Forum. Often described as ‘speed dating’…

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Plans for £70m office scheme in central Manchester + MORE

CAR manufacturer Jaguar Land Rover has been fined for safety breaches discovered during an investigation into a death of a worker at its Halewood factory.Liverpool Crown Court heard Graham Begley, 49,…

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MANCHESTER United fell into the red in the year to the end of June as revenues slid nearly 9% to £395.1m as the club failed to qualify for European competition under former manager David Moyes.The clu…

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PLANS for a new £70m office scheme in the heart of Manchester have been submitted by Worthington Properties, part of the Lancashire-based Marcus Worthington Group. The landmark office scheme will occu…

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Investment chiefs hit the Big Apple

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MANCHESTER investment chiefs are targeting North America in a series of events in New York this week.Luring Wall Street institution Bank of New York Mellon a decade ago remains one of inward investmen…

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NINE Chambers of Commerce representing more than 16,000 businesses employing upwards of 1.4 million workers across the North of England have produced a joint assessment of the considerable opportuniti…

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Vision revealed for former BBC site development + MORE

MANCHESTER has escaped the Open University job cuts after it announced plans to close its Leeds city centre office as part of a “catastrophic” rationalisation of its nationwide estate.Up to 49 jobs ar…

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PROPERTY services and project delivery specialist Styles&Wood has won a £17.7m contract to deliver the refurbishment of Westminster House in Manchester city centre for Aviva Investors. The contract, s…

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JD SPORTS has broken another record with soaring half year earnings of £46.6m an increase of 80% on the previous year.The Bury company, which has nearly 700 shops across Europe, but is best- known for…

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A NEW vision including a ‘vibrant new neighbourhood’, offices, retail and leisure uses has been revealed for the former BBC site in Manchester city centre.Bruntwood and its residential development p…

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HEALTHY-first fast food chain Leon is on the lookout for a site in Manchester as part of an expansion plan across major UK cities and the US.Co-founder Henry Dimbleby revealed the acclaimed company&rs…

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