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TheBusinessDesk.com is the UK's rapidly expanding business media platform. Our website and email newsletter are entirely free for everyone, with over 2.5 million emails dispatched each month. Additionally, we receive more than 1 million page views monthly. At TheBusinessDesk.com, we deliver the news you need, right when you need it. Covering four regions—North West, Yorkshire, West Midlands, and East Midlands—we provide unique stories, insightful articles, and interviews with important leaders in the business world.

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Shock closure of Manchester restaurant Kala as circumstances make it unviable | TheBusinessDesk.com

2 days ago | thebusinessdesk.com | Neil Hodgson

Chef, Gary Usher, has announced the shock closure of his central Manchester restaurant, Kala. The site opened on King Street six years ago following a widely publicised crowdfunding campaign, that was supported by fellow celebrity chef, Tom Kerridge. Usher was attempting to raise£100,000 in 100 hours in March 2019, to fund the opening of Kala, which was his sixth restaurant opening, having launched Pinion, in Prescot, the previous October.
UK’s first Carbon Fibre Development Facility will be based in Cheshire

2 days ago | thebusinessdesk.com | Neil Hodgson

Home / South West / Technology / UK’s first Carbon Fibre Development Facility will be based in Cheshire NCC, the Bristol-based innovation organisation, will establish its open-access Carbon Fibre Development Facility in Cheshire, it confirmed today (June 25). Recognised in the Government’s Industrial Strategy and Advanced Manufacturing Sector Plan, the initiative will support the UK’s strategic growth sectors. The national innovation asset will be strategically located at technology partner...
Ipsum hits acquisition trail once more to boost footprint in and around London

2 days ago | thebusinessdesk.com | Neil Hodgson

Home / North West / Deals / Ipsum hits acquisition trail once more to boost footprint in and around London Chorley-based specialist engineering services provider, Ipsum, has notched up another acquisition, this time RJ Power, in Sidcup, Kent, for an undisclosed sum. RJ Power is a provider of high-voltage electrical services. The addition will complement Ipsum’s existing capabilities in connections, asset installation and replacement, and maintenance of high-voltage electrical infrastructure....
Manx Financial Group reports another record year

2 days ago | thebusinessdesk.com | Neil Hodgson

Home / North West / Financial Services / Manx Financial Group reports another record year Financial services group Manx Financial Group, which owns the island’s Conister Bank, has published record results for its financial year ending December 31, 2024. Profits before tax rose by 41.02% to £9.9m, while balance sheet growth was 3.55% ahead at £497.8m. Executive chair, Jim Mellon, said: “I am pleased to report another record set of results for the group. Profit before tax for the year increased...
Warehouse REIT rejects Blackstone offer in favour of Tritax Big Box REIT approach

2 days ago | thebusinessdesk.com | Neil Hodgson

Home / North West / Markets / Warehouse REIT rejects Blackstone offer in favour of Tritax Big Box REIT approach The boards of Tritax Big Box REIT and Warehouse REIT have agreed on the terms of a recommended cash and share offer which will see Tritax acquire the entire issued and to be issued ordinary share capital of Warehouse, in a deal worth £485.2m. It is intended that the acquisition will be effected by means of a scheme of arrangement. Tritax has usurped Blackstone in its £470m bid to...
River Capital pumps five-figure NPIF II investment into health & wellbeing clinic

2 days ago | thebusinessdesk.com | Neil Hodgson

Home / North West / Financial Services / River Capital pumps five-figure NPIF II investment into health & wellbeing clinic Liverpool-based River Capital has completed a significant five-figure investment into Synergy Health, a thriving health and wellbeing clinic based in Kendal. The funding comes from NPIF II-River Capital & GC Business Finance Smaller Loans, which is managed by River Capital and GC Business Finance as part of the Northern Powerhouse Investment Fund II. The investment will...
Media and global tourism chiefs heading to Chester for 'world class' welcome

2 days ago | thebusinessdesk.com | Neil Hodgson

Home / North West / Tourism / Media and global tourism chiefs heading to Chester for ‘world class’ welcome The UK’s leading travel writers and tourism chiefs from destinations across the globe will descend on Chester for a major travel conference next month and experience the city and surrounding region’s ‘world class’ attractions. Tourism is a vital part of the Cheshire and Warrington economy, generating £3.9bn a year, supporting 38,000 jobs, and welcoming more than 56 million visitors. And...
Call and live chats group hiring 60 new staff for growth in UK and US

2 days ago | thebusinessdesk.com | Neil Hodgson

Home / North West / Technology / Call and live chats group hiring 60 new staff for growth in UK and US Outsourced communication services specialist, Moneypenny, will be hiring more than 60 new team members over the next three months as part of its strong growth strategy. This recruitment drive spans across its PA community and various other departments, reinforcing the company’s commitment to AI innovation and expanded presence in the US market. To support this expansion, Moneypenny has...
City round-up: THG; Ultimate Products; Velocity Composites

2 days ago | thebusinessdesk.com | Neil Hodgson

Home / North West / Markets / City round-up: THG; Ultimate Products; Velocity Composites THG, the Manchester-based online retail giant, said second half trading, as anticipated, has been much improved, in a trading update ahead of its Annual General Meeting later today (June 25). The improvements were evident in the Beauty and Nutrition businesses, with the group returning to CCY revenue growth, underpinned by a strong June exit rate supporting unchanged FY 2025 guidance. In THG Beauty,...
Takeover target Renold agrees Italian deal to add to its international portfolio

2 days ago | thebusinessdesk.com | Neil Hodgson

Home / North West / Markets / Takeover target Renold agrees Italian deal to add to its international portfolio Takeover target, Manchester-based engineering group Renold, has acquired an Italian business for a total cash consideration of €10m (£8.53m). Earlier this month Renold agreed to be taken over by US-based Morgenthaler Private Equity for a £186.7m fee. Today, Renold, said it has acquired Ognibene S.p.a., founded in 1948 and based in Bologna. It is a manufacturer and distributor of high...