Latest North West business news Read in browser North West Enterprise Tech Retail | Sign In Welcome to your BusinessLive North West weekend newsletter Welcome to the latest edition of our BusinessLive North West weekend email newsletter - a chance to get up to speed on what's been happening - as we
Latest North West business news | | | | | | |
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Welcome to your BusinessLive North West weekend newsletter | | | Welcome to the latest edition of our BusinessLive North West weekend email newsletter - a chance to get up to speed on what's been happening - as well as a look at what's to come.
This week Everton insisted they remain in a "secure financial position" despite posting losses of almost £121m for their latest financial year.
However, the Premier League club reported a record turnover of £193.1m. Read the full story here
A co-owner of the group behind Manchester Airport has pledged a £3bn investment into the UK over five years. The money from IFM Investors will be used to maintain the airport as well as the M6 toll while its new net zero fund will support large-scale infrastructure energy transition projects – including in electrification, carbon capture and solar power. Read the full story here
Chocolate maker Barry Callebaut put jobs at risk this week after announcing plans to close its site in Moreton. The Swiss giant said that due to equipment and operational restrictions, the site can no longer meet the costs needed to 'ensure the correct economies of scale'. Read the full story here | | | | | |
| One of the largest investors in Pets at Home slashed its stake in half this week. Jupiter Fund Management, which holds its shares on behalf of Northern Trust, Citigroup and BNP Paribas, had been the second largest institutional shareholder in the Cheshire-headquartered retailer. Read the full story here
A video revealing the current state of the historic Martins Bank building in Liverpool has been released ahead of major renovation work starting this summer. Owner Kinrise, who bought the Water Street building in August 2021, said the work is expected to take two years. Read the full story and watch the video here
The owner of American Golf has swung to a record year as its sales and profits benefitted from a surge in the sport's popularity.
It also revealed plans for a £6m investment programme during the next 12 months which will create 50 new jobs in the UK. Read the full story here | | Property giant Vita Group, which is run by prominent businessman Mark Stott, is set to launch the first phase of its €350m European expansion with a new site in Barcelona. The Alderley Edge-headquartered company will open its Vita Student Pedralbes in the Spanish city in September. Read the full story here
A £40m project for Preston city centre, which will feature a cinema, restaurants, bowling alley and an escape room has been approved. The Animate scheme has been given the green light by Preston City Council's planning committee and will be located in the former indoor market. Read the full story here
The property agency tasked with selling the Royal Liver Building, which is currently on the market for £90m, hit back this week after it was criticised for the way it described the ownership of the famous landmark. CBRE announced the iconic Liverpool building had been put up for sale for only the second time in its 111-year history in March. Read the full story here | | And finally, I'd like to draw your attention to BusinessLive's weekly feature interview. This week we spoke to the co-founder of Social Chain and Fearless Adventures, Dominic McGregor. He revealed plans for expanding his new venture across the globe, why he took a different path from his best friend Steven Bartlett and what he looks for in a founder. Read the full story here
Have a great rest of your weekend!
Jon Robinson, North West Business Editor | | | | |
More big North West stories from you may have missed this week: | | | | | |
Get in touch with us! | Is there something specific you'd like us to write about or just some feedback to share? Send an email to Jon Robinson. | | | | |
Next week's business diary | | | Monday, April 4 - Bank of England interest rate setter Catherin Mann speaking to the Resolution Foundation on the UK economic outlook
Tuesday, April 5 - Trading updates: HomeServe, Moonpig Group
Wednesday, April 6 - Finals: Lookers - Trading updates: Motorpoint, Topps Tiles
Thursday, April 7 - Trading updates: Entain, Robert Walters
Friday, April 8 - Trading updates: CMC Market | | | | | |
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