HomeLatest

150,000 homeowners now in negative equity

Nearly 150,000 homeowners who have taken out mortgages since the start of last year are now in negative equity, new research indicated today. Read

FTSE preview: Marks & Spencer meeting the city's focus

Marks & Spencer’s annual meeting will be the highlight of the corporate week, but the bad news from the housing sector is set to continue with updates from Barratt Developments and Persimmon. Read

Safety standards still not adequate 20 years after Piper Alpha, union claims

The offshore oil industry is still not paying enough attention to safety, two decades after the Piper Alpha disaster which killed 167 workers, a union claims. Read

Online sales is bright spot for John Lewis

STRONG online sales at John Lewis are providing a bright spot in an otherwise gloomy picture for the retailer, which is seen as a bellwether of middle-class spending. Read

Lettings market is booming, says agency

ONE of Merseyside’s biggest estate agency chains Venmore says peoples’ inability to get mortgages because of the credit crunch means the lettings market is booming. Read

Top property firm is snapped up by rival

ONE of the best-known names in Liverpool’s commercial property market – Irving Rice – is disappearing for good after the firm was acquired by rival CB Richard Ellis. Read

Budget airline Ryanair sees June passenger traffic rise by 19%

Liverpool’s biggest airline Ryanair says it carried 5.17m passengers last month, 19% up on last year. Read

Region is ‘well-placed’ for more investment

FOREIGN investment into Merseyside and Cheshire helped create or safeguard more than 6,000 jobs in the last year – but that amount will slow this year as the credit crunch bites. Read

North West small firms passing on fuel costs, says survey

A NEW study reveals that 40% of small businesses in the North West are already passing on increased fuel costs to their customers. Read

Echo Outdoor expands network

ECHO Outdoor, Trinity Mirror’s outdoor advertising operation, has expanded its outdoor digital offering with 57” High Definition (HD) advertising screens in Liverpool’s new 42-acre retail complex, Liverpool ONE. Read

Stadium at risk as builder struggles

FINANCIAL problems at housebuilder Taylor Wimpey is raising questions over St Helens’s planned £25m stadium. Read

Record day for John Lewis store in Liverpool One

JOHN Lewis’s store in Liverpool One enjoyed a record day more than a month after the £1bn shopping centre opened. Read

B&B shareholders step in to plug funding gap

BRADFORD & Bingley’s major shareholders were today stepping in to salvage the lender’s £400 million funding plan after a US private equity firm walked away from the deal. Read

Spray-on heating element scoops Innovation Award

A FIRM that has developed an energy efficient spray-on heating element was yesterday announced as the annual winner of the Merseyside Innovation Awards. Read

More credit crunch woes for Swiss bank giant UBS

SWISS banking giant UBS today said it would at best break even in second-quarter results as financial turmoil continues to rock the firm. Read

Housebuilder Barratt cuts 60 jobs in Chester

TROUBLED housebuilder Barratt is to close its Chester operation with the loss of 60 jobs. Read

City apartments worth £4m put in hands of receiver

LIVERPOOL city centre apartments with a market value of nearly £4m were placed with receivers yesterday as the credit crunch continues to hit the property market. Read

Legal victory for Astra in US courts

SHARES in Cheshire pharmaceutical giant AstraZeneca were given a boost yesterday when the company announced it had won a key legal battle over cheaper unauthorised copies of its drugs. Read

Council hits back at small business critics

LIVERPOOL City Council has hit back at criticism from an organisation representing small businesses that it is not doing enough to help smaller firms. Read

Pet goods firm finds a rescuer

A COMPANY specialising in the design, creation and production of pet products has been rescued from administration. Read

Student’s second award

AN ARCHITECTURAL technology student from a Southport practice has won his second national award in a year. Read

New face at PR firm

WIRRAL PR firm Artemis Media & Public Affairs has appointed a new accountant executive after winning a series of new contracts. Read

Gallery will help artists put work on international stage

THE owner of a new gallery that opens tomorrow says she hopes the business will give the region’s creative talent another reason to stay in Liverpool. Read

Should designers keep speculating?

AS A busy web design agency with a number of clients who expect – and deserve – our attention, the question of allocating time to create designs to win a pitch is a testing one. Read

Greene King suffers 3% sales dip

GREENE King revealed the current pressure on the brewing and pub industry today after sales fell nearly 3% in May and June. Read

TNS rebuffs third approach from WPP

TAYLOR Nelson Sofres today fended off a third attempt from advertising and media giant WPP to muscle in on its planned £1.5 billion merger with German rival GfK. Read

Oil surges to new record price

STOCK markets were expected to come under more pressure today after oil prices surged to a new record above 145 US dollars a barrel. Read

Princes Dock apartments handed over to receiver

PROPERTY developer City Lofts has put its residential investment portfolio in the hands of the receiver. Read

Water regulator Ofwat confirms £35.8m fine for Severn Trent Water

Water regulator Ofwat is fining Severn Trent Water a total of £35.8m for deliberately providing false information and poor customer service. Read

Plunging house prices will not help affordability, experts say

Affordability of new homes will not ease despite possible falls of up to 15% in house prices over the next two years, new research shows. Read

Soaring fuel prices hit international air freight traffic

International air freight traffic is being hit by sky high oil prices, new figures indicated. Read

Taylor Wimpey to shed 900 jobs

EMBATTLED housebuilder Taylor Wimpey today confirmed it was axing 900 jobs to help cope with a “significant downturn” in business. Read

Sales down at M&S

RETAIL giant Marks & Spencer today reported worsening sales as consumer confidence “deteriorated markedly” in the first three months of its financial year. Read

Water firm fined £36m for poor service

WATER regulator Ofwat confirmed today that it was fining Severn Trent Water a total of £35.8 million for deliberately providing false information and poor customer service. Read

Troubled waters – but a wave of success for others

"THERE'S always a problem with Matalan somewhere in the business and there's always an excuse." Read

JLA joins crusade for ‘rethink’ on tax plans

LIVERPOOL John Lennon Airport is joining forces with other airports in the North of England to push the Government to rethink plans to hit the airline sector for £500m in extra taxes. Read

Final of Merseyside Innovation Awards

THREE businesses will be hoping to win £10,000 tomorrow at the final of the Merseyside Innovation Awards. Read

Great debate over airline taxation

Business reporter Alistair Houghton looks at the airline industry's debate over Air Passenger Duty Read

Rising oil price adds to FTSE jitters

THE volatile performance of the FTSE-100 has been carried into the second half of 2008 as the rising price of oil continues to add to market jitters. Read

Business News Column

The decision by the Minsitry of Defence to place a £180m contract with Northwestern Shiprepairers and Shipbuilders is a landmark for the local industry. Read

Marketing Intelligence: Talking Points

A simplistic approach doesn’t cut it anymore. As consumers’ media consumption habits change, marketers must invest in a multichannel approach to engaging with them in order to ensure their own brands survival. Read

Good news for businesses

INTERNATIONAL Coaching Academy and its Master Coaches (Business2) have a new and revolutionary service to offer to SMEs. Read

Member Profile - Vicki Hulse

VICKI Hulse has worked in the Sales and Marketing Industry for 12 years and joined B&M Waste Service a year ago as a Marketing Manager. Vicki has been based in the North West and Greater Manchester, holding various managerial positions within different industries. Read

Win a helicopter lesson

HOW would you like to take your first steps towards learning to fly? We have teamed up with the Helicentre in Liverpool to offer one lucky Business Club member a one-hour flying lesson in a helicopter. Read

LDP RBA Awards

THE Liverpool Daily Post’s Regional Business Awards 2008 are designed to recognise the achievements of Merseyside’s most successful businesses and entrepreneurs. Read

Timing isn’t everything

Rensburg Sheppards Investment Management - stock market communication Read

LDP Business Club discounts & offers

WORKING in partnership with businesses across the city, we are able to offer all LDP Business Club members the following discounted rates for ‘exclusive’ services. Read

Risk is on the rise as the US slows down

The latest Merseyside and North Wales Business Prospect, published by the Liverpool Research Group in Macroeconomics, is out this week. Editors Patrick Minford and Peter Stoney review the outlook for the national and local economy Read

Manager is chairman again

THE manager of Liverpool’s Crowne Plaza Hotel has been appointed chair of the Liverpool Hoteliers Association a second time. Read

£30m land deal signals start for new business park

FUND manager and developer Property First Asset Management has completed the purchase of land in south Liverpool in a deal that will allow it to create a £30m business park. Read

New vision was needed to drive the business forward

Barry Turnbull survives gridlock to keep an appointment with transport group Suttons’ managing director Andrew Palmer Read

Stobart rescue for chilled food group

TRANSPORT group Stobart has rescued 1,300 jobs by buying a chilled foods distributor out of administration. Read

Veolia buy out of Albion is a ‘good fit’

CHEMICAL distillation company Albion Distillation Services has been acquired by Veolia Environmental Services. Read

Billington chairman joins radio show line-up

THE chairman of one of Liverpool’s oldest companies, Edward Billington and Son, will be on this weekend’s LDP Business Week radio show to talk about the firm’s 150 years in business. Read

Sportech on target for pools relaunch

GAMING company Sportech says it is ahead of schedule with the integration of Vernons Pools into its football pools business. Read

Land on sale at Speke for £1.5m

LAND in Speke with consent for a hotel, restaurant and offices is on offer at £1.5m. Read

Riverside takes on Wave Homes

LIVERPOOL-based social housing organisation The Riverside Group has taken over whole ownership of Wave Homes following its partner Avebury going into administration. Read

Letting agent for new centre

CB Richard Ellis has been appointed as managing and letting agent for the Investment Centre in south Sefton. Read

Work starts on £8m business park hotel

WORK has started on an £8m hotel to be located within a Warrington business park. Read

Company finds space to grow

A COMPANY providing consultancy and sales services for football clubs and sponsors in Europe, South America and Asia is the latest tenant to sign up for space at Yorkshire House in Liverpool city centre. Read

Celebration launch success for refurbished industrial estate

MERSEYSIDE-based Spencer Holdings celebrated the launch of its newly refurbished Nexus industrial estate in Knowsley last week. Read

Commercial property values fall says survey

UK COMMERCIAL property values in the prime and secondary markets have dropped by an estimated 10% and almost 14% respectively over the past 12 months. Read

GCi technology helps developers see finished product

THE computer generated imagery (CGi) that allows cinema goers to witness sabre-tooth tigers terrifying unsuspecting cavemen and huge robots slugging it out in movies like Transformers is becoming increasingly useful in the world of commercial property development. Read

Completion finalised at the stroke of midnight

MARK Rathbone is a partner in the corporate team at law firm Brabners Chaffe Street, based in Horton House, Exchange Flags, Liverpool. Read

Trading Gossip

A CORPORATE training course with a difference is being offered by business trainers Paula Harrington and Bryan Adams. Read

Smoothie operator opens with an eye on expansion across the country

A LIVERPOOL entrepreneur has launched a smoothie and health drink outlet in the city’s Metquarter. Read

Cammell Laird lands aircraft carrier contract

A BIRKENHEAD shipyard is in line to build parts of Britain’s next generation of aircraft carriers. Read

Retailer is ready to ride out tough times

DISCOUNT retailer Matalan is planning to invest millions of pounds in its stores despite the tough retail climate, after seeing profits rise almost 90%. Read

Merseyside firms urged to enter Queen's Awards

MERSEYSIDE companies are being encouraged to correct the area’s under-representation in the Queen’s Awards. Read

Airbus delivers fifth A380 superjumbo to Singapore Airlines

AIRBUS has delivered a fifth A380 superjumbo to Singapore Airlines which will use the jet for its flights to Heathrow. Read

Stobart takes over firm to save 1,300 jobs

AROUND 1,300 jobs have been safeguarded at a chilled goods distributor after the firm was bought out of administration by haulage giant Stobart Group, it was announced today. Read

Shares surge in hi-tech Mersey firm after deal announcement

ELLESMERE Port’s Surface Transforms shares rose by one-third yesterday after it announced a deal that could be worth £1.6m. Read

Power group’s profits buoyed by energy costs

POWER station operator Drax yesterday said soaring commodity prices would see full-year results come in ahead of market expectations. Read

Trinity’s progress despite downturn

DAILY Post publisher Trinity Mirror says the group is making progress towards its objective of building a multi-platform media business, despite lowering its profits forecast for the year. Read

HMV store face-lift gathers pace

MUSIC and games retailer HMV today pledged to increase the roll-out of its “next generation” stores as the turnaround of the group gathers momentum. Read

Tough year ahead for Carpetright

FLOOR and carpets chain Carpetright reported a 7.6% rise in annual profits today, but its founder Lord Harris warned this year would be “one of the most difficult” in his career. Read

Price of oil hits new record as oil company bosses meet in Madrid

The cost of oil today stands at a new record near 144 US dollars a barrel as oil company bosses gather in Madrid to discuss rocketing prices. Read

Cable & Wireless launches £329m takeover bid for rival Thus

Telecoms group Cable & Wireless is today tabling a £329m takeover bid for Thus but is receiving a lukewarm response from its smaller rival. Read

Rocketing energy costs will boost profits at power station operator Drax

Power station operator Drax today says soaring commodity prices will see full-year results come in ahead of market expectations. Read

Disabled entreprenuers are source of innovation

DISABLED entrepreneurs represent an untapped source of innovation and productivity which could benefit the region by £339m, according to new research commissioned by the Northwest Development Agency. Read

Waterman to be guest speaker at Liverpool Daily Post Business Awards

MUSIC impresario Pete Waterman will be speaking at the Liverpool Daily Post Regional Business Awards next month. Read

LDPBusiness Club

LDPbusinessclub logo

Now register...

Click here to join the LDPBusiness Club. This link will take you to an external, secure registration page hosted by Surveymonkey. Once registration is complete, you will begin to receive daily email news headlines and links to the LDPBusiness Club VIP area. Read