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Topic - NW

TalkTalk secures £400m lifeline as leadership changes confirmed
By City AM
The Salford-headquartered company has been in talks with one of its largest shareholders amid warnings it was on the brink of collapse
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Plans for £40m Perspex International plant that could secure hundreds of jobs take key step forward
Manufacturing
Swiss-owned business vows to 'build upon and continue to develop' production at site
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Principle Estate Management targets North West with latest buyout deal
property news
Birmingham-based firm is now managing 20,000 units across the º£½ÇÊÓƵ following another acquisition
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Family brewer Joseph Holt launches hotels arm as demand grows for accommodation at its pubs
Hotels
Hotels by Holt is investing in pubs across the region
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Revolution Bars secures High Court approval of restructuring plan to stave off potential collapse
Food and Drink
Lawyers had warned business was likely to 'run out of cash' in August
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Asda sees sales decline in battle with big supermarket rivals
Retail
The Leeds business has lost market share to the likes of Tesco, Sainsbury’s and Morrisons but is investing in its staff in a bid to bounce back
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Assura acquires 14 º£½ÇÊÓƵ private hospitals from Northwest for £500m, boosting NHS partnership potential
By City AM
Assura has acquired a º£½ÇÊÓƵ private hospital portfolio from Canadian group Northwest Healthcare Properties for £500m, ahead of a potential funding boost from Labour's spending spree
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Esteem Care Holdings sold to Grosvenor Health and Social Care
Wolverhampton
Manchester's Esteem was formed by Y1 Capital after series of acquisitions from 2015
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Richard Arnold swaps Manchester United for Norton Motorcycles in a bid to revive the iconic British brand
Automotive
After a career spent dealing with some of the biggest names in the footballing and corporate world, Richard Arnold is now ready to take on his biggest challenge yet
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MBO at Black Norman Solicitors is backed by River Capital
Professional Services
Merseyside practice hopes to expand
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Evolve Business Group plans US expansion and more acquisitions after 'multi-million-pound investment' from BGF
Deals
Group plans new Wigan warehouse and US fast food push
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New warehouse completed at Port of Liverpool as Peel Ports says demand at dock remains strong
North West
Glencar says warehouse is equivalent in length to five full size football pitches
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How Greater Manchester could become a global hub for the massive $2bn Esports market
North West
Centre to help students move into market that's set to be worth more than $10bn in a decade
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Opinion: The power of entrepreneurial philanthropy to tackle inequality in education
Education
Jane Booth, head of the Manchester office at UBS, on how business leaders can improve access to education
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Yodel opts out of merger with Shift following strategic review, secures £85m investment
By City AM
Parcel delivery giant Yodel has secured an £85m funding package as it seeks to put concerns over its future to bed, with a planned merger with logistics tech firm Shift now not going ahead
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Eversheds Sutherland profit growth stalls as it battles 'challenging economic conditions'
By City AM
The law firm said that growth had been 'more challenging economic conditions' in most of the markets it operates in, with net profit virtually flat on the previous year
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Manchester could face ‘office drought’ with lack of new buildings despite high demand, agent warns
Knight Frank
Knight Frank says public sector might need to back commercial as well as residential projects
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Deal market ‘set to rebound’ after slow start to 2024, KPMG says
KPMG
'There are strong fundamentals for the M&A market in the North West to return to healthier levels of activity'
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Environmental consultancy E3P expands
property news
Greater Manchester outfit is targeting new clients in the Midlands and South with new office launch
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Haines Watts' Northern city offices acquired by Evelyn Partners
Deals
The company's offices in Manchester, Leeds, and Newcastle have been snapped up in the transaction
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Pets at Home revenue rises as consumers spend more after tough year
By City AM
The group's financial results for the full year 2023/2024 revealed a 13.7 per cent decline in profit before tax to £105.7m, with the group blaming its office consolidation for the dip
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BAE Systems sees profit and revenue jump, raises dividend following robust trading update
By City AM
The Farnborough-based defence giant, which has benefited from the twin tailwinds of rising geopolitical tension and the prospect of a Trump presidency withdrawing Nato support, saw a 13 per cent year-on-year rise in revenue
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Tech revenues soar at HR software specialist Talos360 as LDC-backed business plans acquisitions and further growth
Tech
Warrington firm sees tech revenues rise 55% as overall sales rise 10%
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GSK raises guidance after strong second quarter boosted by cancer and HIV portfolio
By City AM
Total sales in the second quarter of 2024 reached £7.9bn, an increase of 13 per cent year on year while core operating profit at the pharma company rose by 18 per cent
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