North West
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Manchester IRA Bomb costs Guardian Royal £5m
The IRA bombing of the Arndale centre in Manchester cost Guardian Royal Exchange £5m. It also contributed to a 29% fall in its first-half-pre-tax profits to £231m, compared with £327m…
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Whitbread buys Pelican restaurant chains for £133.1m
Whitbread has bought Pelican, the restaurateur which owns the Cafe Rouge and Dome chains, for £133.1m. Pelican shares have risen tenfold over the past five years and have doubled in…
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Major announces £3.4m more to help repair bombed Manchester City Centre
Prime Minister John Major announced a further £3.4m funding for Manchester yesterday in the wake of the IRA bomb blast six weeks ago.
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John Laing stops looking at small PFI schemes because of costs and risks
The John Laing building group has stopped looking at small schemes for the government’s Private Finance Initiative because of the costs and risks involved.
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Royal Insurance takes replacement offices at St George’s House, Manchester
Royal Insurance, whose offices in Longridge House, Corporation Street, Manchester, were badly damaged by the IRA bomb, has taken the remaining 3,457.6sq m (37,219sq ft) in St George’s House, 56…
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DOE calls in Morrison’s plans for south Manchester leisure scheme
Morrison Developments’ attempts to ensure that its proposed leisure scheme in south Manchester conforms with PPG6 have failed to convince the DOE.
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British Energy plans to build a gas generator in Lancashire
British Energy, the newly privatised nuclear power plant operator, looks set to build a natural gas-fired generating unit. A feasibility study is under way at the company’s site in Heysham,…
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Swedish Autoliv subsidiary signs up for 18,580 sq m factory at Congleton Business Park, Cheshire
Airbags International, part of the Swedish Autoliv Group, is to be the first occupier at Allsabrook Developments’ Congleton Business Park in Cheshire.
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Arrowcroft gets consent for £12m Accrington town centre scheme
Arrowcroft has been given the go-ahead by Hyndburn Borough Council for its £12m redevelopment in Accrington town centre, Lancashire. The redevelopment, which will provide 6,224m2 (67,000sq ft) of new shopping…
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Frogmore considers change of use for Manchester Corn Exchange
Frogmore could apply to change the use of its 13,935 sq m (150,000 sq ft) Corn Exchange in central Manchester from mixed office/retail to pure retail as efforts continue to…
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Virgin to open innovative chain of multiplex cinemas
Virgin boss Richard Branson will unveil the prototype of a new chain of cinemas near Rochester, in Kent, next month. The Virgin Cinemas Multiplex, Rochester, is the first multi-screen cinema…
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Pension fund sells Trafford Park investment for £1.92m
Devonport Royal Dockyard Pensions Trustees has sold Kestrel House, Guiness Road, Trafford Park in Greater Manchester, to Blue Circle Pension Fund for £1.92m.