After months of uncertainty, Boris Johnson yesterday confirmed an end to the sector’s enforced “hibernation” by announcing bars, restaurants and hotels can reopen from 4 July, but hospitality professionals are wary despite this positive step.
Several towns and cities plan to tap into the Government’s latest offer of funding to progress property and infrastructure schemes, with council-led partnerships in Blackpool, Wyre, Cheshire and Warrington among those readying bids.
Gravity Active Entertainment, a family entertainment provider with sites in Leeds, Milton Keynes and Norwich, has become the latest tenant to commit to the Warrington retail and leisure scheme with a 31,000 sq ft leasing deal.
Cheshire East Council is to agree a £10m loan to the Cheshire & Warrington LEP at its cabinet meeting tomorrow, adding to funds also being put in by neighbouring Cheshire West & Chester and Warrington councils.
The meandering saga of the £70m mixed-use project has taken another turn with Cheshire West & Chester Council’s cabinet asked to agree to a "revised financing arrangement" in light of the pandemic.
With the launch of the Warrington Annual Property Review postponed until later in the year, we looked at historic data from the past 22 years to explore how resilient the town’s economy is to economic shock, writes Vince Sandwell, managing director of BE Group.
The logistics developer has increased its revolving credit facility to £130m, among other steps taken to boost its financial position in challenging market conditions.
A project to map out the UK’s first net zero carbon industrial cluster by 2040, located in the North West and incorporating the HyNet hydrogen and carbon capture storage plant near Ellesmere Port, has received Government grants to spur its delivery.
A group of private investors has acquired the building from where the region’s 999 calls are handled from Jersey-based AAIM Warrington Trustee at a net yield of 7.3%.
The local enterprise partnership has appointed CBRE to manage a fund to invest in low-carbon building improvements and R&D schemes in the area.
