Today's North West business news from Insider |
Latest News | THG has entered a financial and trading collaboration with SoftBank Group which involves a division of the Japan-headquartered technology investor committing about $730m to a $1bn fundraising the Manchester-headquartered e-commerce platform is conducting to support its plans for acquisitive growth. SoftBank has also been granted an option for a $1.6bn investment in THG Ingenuity in exchange for a 19.9 per cent stake in the THG subsidiary with the aim of establishing potential collaboration arrangements drawing on the opportunities among affiliate businesses of THG and SoftBank. Read More… |
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Jules Price, associate director, professional head of ecology, Atkins, discusses the timely release of the Dasgupta Review, a recently published report commissioned by the UK Treasury on the economics of biodiversity. Read More… |
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The managed service division of Warrington-headquartered Wi-Fi specialist Airangel has been acquired by Freshwave, a network service provider which is backed by infrastructure investment firm Digital Colony. Read More… |
Private labal and contract manufacturer McBride has secured a €175m multi-currency sustainability linked revolving credit facility. Read More… |
Valeo Foods, a group whose portfoliio includes well-known brands such as Jacobs, Rowse, Kettle, Odlums, Barratt, and Balconi, is to be acquired by a US-headquartered investment giant. Read More… |
The UK Government has sold 5 per cent of its shareholding in NatWest Group for £1.1bn. Read More… |
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Barry McGovaney from Water Plus says water can be a significant cost that’s frequently overlooked as not having much saving potential in terms of environmental impact or cost. It’s worth looking at – and here’s why. Read More… |
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John Cridland is set to retire from his role as chairman of Transport for the North (TfN) this summer. Read More… |
Private equity firm Endless has promoted four new partners. Read More… |
Accounting and advisory firm HURST, which has offices in Manchester, Stockport and London, has said that it is on track for a bumper year as it gears up to celebrate its 40th anniversary. Read More… |
National law firm Weightmans has bolstered partner numbers, promoting 11 who are based across the firm's four offices. Read More… |
Newly re-elected mayor of Greater Manchester Andy Burnham has committed to accelerating plans for an improved and London-style transport network. Read More… |
Performance nutrition company Science in Sport has signed a three-year extension to its partnership with INEOS Grenadiers, the British professional cycling team. Read More… |
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With the rise of advisory services within accounting practices, Phil Matthews of WR Partners throws some light on what his job entails. Read More… |
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Plans to further extend Fulwood Central retail park with a mixed-use scheme of retail, commercial, co-working space and a food hall have been given the green light. Read More… |
The Urban Splash Residential Fund (USR) has invested in the £300m New Islington neighbourhood, acquiring a block of apartments and unveiling a new asset management strategy. Read More… |
A Lancashire multi-service creative agency has invested in its first office space. Read More… |
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It was Thomas Bertram Lance of Jimmy Carter’s 1977 administration that popularised the phrase “If it ain’t broke, don’t fix it”. Construction businesses will often question why they need to spend time and money implementing framework agreements when their current terms and conditions “work just fine”, or when “we’re hardly ever in dispute with our suppliers”. Moe Yassin, associate with Beyond Corporate Law, explains. Read More… |
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A historic Blackburn textile manufacturer is expecting a 40 per cent productivity boost through a "transformational" technology project. Read More… |
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Member Exclusive News | Powerhouse Energy Group (PHE) has signed an agreement with Hydrogen Utopia International with a view to granting an exclusive non-transferable licence for the application of its DMG technology in Greece and Hungary. Read More… |
Work to extend platforms at Ramsgreave & Wilpshire station in Blackburn is now complete and has created more space for trains and passengers. Read More… |
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Services & Guides | | A comprehensive guide to investing in the region’s authorities, with facts, figures, statistics and key contacts. Read More… |
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