Greggs has reported a big rise in sales at the start of this year and said its value food was proving popular during the “challenging” economic times. The Newcastle-based food chain has released a trading update for the first 19 weeks of 2023 in which like-for-like sales rose 17.1% to £609m, though that rise was […]
GREGGS REPORTS SALES RISE DESPITE ECONOMIC CHALLENGES Read More »
Almost 550 jobs have been put at risk after Pilgrim’s UK revealed plans to close a major site. The company is proposing the closure of its Ashton-under-Lyne base as part of measures to “fully optimise its operational footprint across the UK and return to growth”. The business added that the plans form part of its
PILGRIM’S UK CLOSES MAJOR SITE PUTTING HUNDREDS OF JOBS AT RISK Read More »
Insurance and commercial legal adviser Horwich Farrelly (HF) has announced that it has strengthened its flagship office in Manchester with 21 new hires. These new hires will be based in the Media City office, in the firm’s rapidly growing recoveries department. With this announcement, HF’s personnel in the specialist area total more than 100 people,
HF BOLSTERS FLAGSHIP OFFICE WITH MULTIPLE NEW HIRES Read More »
It has been revealed that Studio Retail made a loss of more than £75m in the year it was rescued by Mike Ashley’s Frasers Group out of administration. The Accrington-headquartered online retailer collapsed in February 2022 owing over £80 million to its creditors. Frasers Group, the owner of Sports Direct and House of Fraser, bought
STUDIO RETAIL SUFFERED MAJOR LOSSES BEFORE BEING SAVED BY FRASERS GROUP Read More »
A logistics giant has become the “biggest employee-owned company of its kind in the world” in a move which its CEO has hailed as “transformational”. Manchester-headquartered Cardinal Partnership has been formed out of Cardinal Global Logistics and Far Logistics. The business can trace its roots back to 1998 when it was founded in Eccles with
CARDINAL BECOMES BIGGEST EMPLOYEE OWNED COMPANY OF ITS KIND Read More »
Specialist property consultancy is continuing its growth trajectory with record results from its Property Management service over the last 12 months. The department services both residential and commercial property following George F. White’s high-profile merger with Johnson Tucker last year. Impressive organic growth results include the number of managed units increasing significantly, rising by almost 40 per
NORTHERN PROPERTY MANAGEMENT SERVICE SURPASSES AMBITIOUS Read More »
Co founders of Sticky (L) Priscilla Israel & (R) James Garner A Manchester technology company aiming to tackle “inefficient and unprofitable” shopping areas has raised £1.5m. Sticky, which was co-founded by Priscilla Israel and James Garner in 2020, has secured the seed funding in a move led by Praetura Ventures with backing from Cornerstone VC
TECH FIRM THAT HELPS STRUGGLING SHOPPING AREAS RAISES £1.5 MILLION Read More »
Blackfinch Property, a rapidly growing agile lender to the UK property market, has provided £2.3m in funding to a special purpose vehicle (SPV) of Dunedin Homes for the development of seven new homes in Droitwich Spa, Worcestershire, each fitted with environmentally friendly features. Under the terms of the 22-month deal Blackfinch Property (via its property
The asking price for Auto Trader’s Manchester headquarters has been lowered by over £20m. Abrdn first launched the sale of what was then called Number One First Street in May last year and was seeking offers in excess of £73m. However, after a year on the market the asking price for the newly-renamed 1 Tony
ABRDN LOWERS ASKING PRICE ON MANCHESTER PROPERTY Read More »
A Tyneside-based recycling innovator has received the backing of Korean chemicals giant LG. Impact Recycling in Wallsend, which specialises in separation of mixed waste, has received an undisclosed investment from the global operator in support of its “breakthrough” technology. The firm’s baffled oscillation separation system (BOSS) technology is a water-based, density separation process that can
RECYCLING FIRM SECURES BACKING FROM KOREAN GIANT FOR NEW TECH Read More »
