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KPMG

Cloud telecoms giant swoops for Giacom in huge tech deal set to deliver more growth
Deals
Daisy Group's DWS has acquired Hull IT platform provider in major undisclosed deal
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Caffe Nero says Covid-19 measures have been 'devastating' as coffee chain appeals to landlords
Coronavirus
The coffee chain, which has 800 Ƶ shops and employs around 6,000 staff, blames the second lockdown as it becomes the latest big High Street pandemic victim
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'Significant' investment to fuel growth at North East digital agency Visualsoft
Technology
The Teesside firm has spent 22 years developing industry-leading eCommerce services
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Manchester parcel delivery business InXpress acquired by New York private investment firm Hudson Hill
North West
InXpress has a global network that spans 14 countries
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Pork Farms and Walls jumbo sausage rolls owner sold
Food and Drink
Prior to the sale there were reports the business might be worth £200 million
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Poundstretcher loses second finance director in less than three months
Retail & High Street
Comes as family-owned business renegotiates rents as part of a CVA which will see some 57 stores close this year
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Robin Pointon becomes chairman of Leicestershire Business Voice
Organisations
LBV launched two decades ago to help make Leicester and the county of Leicestershire an attractive place to do business
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Petrol forecourt giant EG Group downgraded by Moody's
Asda
Mohsin and Zuber Issa, who built up their fortune from a single petrol filling station in Bury, Greater Manchester, were criticised for their “limited progress in terms of financial reporting and governance” following “large-scale” M&A activity in the last two years
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Plymouth medical tech firm snapped up by global software company
Technology
Canada's N Harris Computer Corp swoops for profitable hospital maternity ward software maker K2 Medical Systems
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Poundstretcher confirms plans to open 50 new branches – even as dozens of others close
Retail & High Street
Creditors of the chain have agreed to a CVA to help it offload underperforming outlets and realign its head office
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People on the Move: top North East appointments announced this week
People
Promotions and new appointments have been unveiled at a raft of regional businesses
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Midlands business failures historically low, propped up by Government support – but more help will be needed
Insolvency and Administration
Leisure and hospitality continue to be devastated by seven months of restrictions though
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Poundstretcher wants to open 50 new stores in 2021 – despite CVA and store closures in 2020
Retail & High Street
A poster produced by the business suggests it is on the look-out for dozens of new sites to open in 2021
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Newcastle shopping centre Eldon Square under new management following Intu collapse
KPMG
Property management company MAPP has been appointed to undertake property management of the shopping centre
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SW firms start to recruit again as they recover from Covid crisis
Employment
New report shows first increase in demand for workers since before the coronavirus lockdown
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First increase in job placements at Northern companies since February, KPMG and REC report shows
Employment
A mixed picture as both permanent placements and candidate numbers see a marked increase
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New report calls for 'infrastructure revolution' for SW transport
Transport
CBI and KPMG call for Government investment to 'level-up' regions ahead of forthcoming Spending Review
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Peel Group moves headquarters out of Trafford Centre
Retail & High Street
Peel Group said it is relocating its staff to the to the Venus building in nearby TraffordCity
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Time to bring the bulldozers in? What now for city centres in a post-Covid world?
Coronavirus
Business consultant Ian Borley pitches in with suggestions that might just help our city centres recover
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Ellandi takes over management of Merry Hill after Intu admin
West Midlands
Shopping centre operator says it will continue programme of investment and redevelopment started by troubled Intu
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The latest appointments and promotions in the North West you may have missed
Irwin Mitchell
The latest appointments and promotions at Forever Manchester, Access Creative College, MIF, Widd Signs, KPMG, Primas, Irwin Mitchell, Flavourfresh Salads, Crossfield Group, MLP Law, John Pye Auctions, Democracy, Access, Jolliffes, Paragon Bank and Forbes Solicitors
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No-deal Brexit would be “one crisis too many” for small firms as FSB appeals for state aid
Brexit
“Combined mixture of Brexit and Covid is likely to topple many SMEs”
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East Midlands economy to shrink by 10 per cent this year, according to KPMG
Economy
Figure is even worse than the 7.8 per cent fall the business consultancy predicted in June
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Triton Construction starts work on £1.95m extension at Bolton Muslim Girls School
Construction
Plans for the extension were given the green light in December
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