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Jon Robinson

North West Business Editor

Ford to invest 拢125m at Halewood factory and secure 500 jobs in massive new electric vehicle push

An extra 拢24m will be used to support Ford's new E:PRiME development centre in Dunton, Essex

'Harrods of the North': Iconic former Debenhams Browns of Chester sold

The building has been empty since Debenhams closed its doors in May 2021

'Pressure on' H&M to compete with Primark and Boohoo as it cuts 1,500 jobs

H&M said the move is part of a 'global programme to reduce costs and further improve efficiency in the business'

Wejo boss talks up 'accelerating momentum' despite losses passing $100m

Founded in 2014, Wejo employs approximately 300 people

Full list of the 114 HSBC banks set to close from April 2023

HSBC added that around 100 staff could leave the bank as a result of plans

Essar Oil to build 拢360m carbon capture plant at Stanlow refinery

Once complete in 2027, Essar Oil said the plant would take the equivalent of 400,000 cars off the road

'Very strong recovery' helps The Lowry Hotel return to profit after losing over 拢3m during pandemic

The hotel received more than 拢1.5m in furlough payments from the government

The engine room of the new economy: How University of Manchester's Innovation Factory is overturning 'old-fashioned attitudes that commerce is a dirty word'

In the year to July 2022, Innovation Factory spun out 10 businesses, generated income of 拢4.9m and attracted 拢6.4m of first-time investment in new spin-outs

Dragons' Den star Steven Bartlett launches recruitment platform

Flight Talent will be managed by the Social Chain co-founder and Hannah Rolph

Lane7 boss sells final pub to focus on bowling alley chain

Tim Wilks first bought the pub in 2018

New job-creating easyJet route from Manchester to Spain revealed

easyJet has been based at Manchester Airport for more than 15 years and is its second largest airline

Class of '92's UA92 to hand out NFTs as it enters the metaverse

UA92 said its plans to award NFTs to its graduates is a global first in the education sector

Wattbike receives multimillion-pound boost to help fund 'ambitious global expansion plans'

Wattbike has commercial deals with the likes of British Cycling, Manchester City and the New Zealand All Blacks

Extra 拢6.5m secured by tech firm which uses AI to speed up scientific discovery as it eyes US expansion

The Manchester Science Park company was founded in 2014

ID tech firm GB Group hails 'excellent progress' despite profits being wiped out

The group had been in takeover talks with a Chicago-based private equity firm

High fuel prices help profits rise at Issa brothers' EG Group

The billionaire brothers also separately own Asda alongside TDR Capital

Boohoo more than doubles stake in troubled Revolution Beauty to become largest shareholder

The move has made Boohoo the largest single shareholder in Revolution Beauty

TalkTalk wants to give small businesses 拢6,000 each to improve their sustainability

The deadline for applications is January 12, 2023

Matalan makes chief commercial officer redundant

James Brown had been in the role since September 2020, having first worked for Matalan from 2001 to 2006

Shares surge in drug discovery company after $402m AstraZeneca deal announced

Shares in C4X Discovery Holdings plc have jumped since the deal was announced

KPMG to invest 拢5.5m in flagship Manchester office

The firm added that it will also use the funds to redesign its wider office space

Peter Cowgill, Stock Exchange Hotel and a former England rugby player: The 24 latest hires and promotions across the North West

BusinessLive rounds up the latest North West hires and promotions

US private equity firm Silver Lake increases investment in Manchester City owner

Sheikh Mansour bin Zayed Al Nahyan also increased his stake as the controlling shareholder

JD Sports moves to head off potential shareholder revolt over executive pay

The new plans will be voted on by shareholders next month