Topshop Ashton

Arcadia avoids administration

All seven of troubled retail group Arcadia’s proposed Company Voluntary Arrangements have been approved by the required majority of the companies’ creditors, including pension trustees, suppliers and landlords.

MCR Trafford Plaza

Trafford Plaza gets £6m funding

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Charlie Schouten

MCR is to receive £6m from the Greater Manchester Combined Authority to support the 16-storey development off Seymour Grove in Old Trafford.

Debenhams Altrincham

Debenhams CVA agreed

The troubled retailer’s proposed Company Voluntary Arrangement has been approved by creditors, meaning it will move ahead with plans to close 22 stores next year, including Altrincham and Southport.

Pier Opening Manchester Airport

MAG underpins development plans with bond issue

Manchester Airports Group has raised £350m in the UK capital markets through the issuance of a 25-year bond, reporting that the order book for the bond was four times oversubscribed.

Raven Mill Chadderton

Clipper steps in to take Shop Direct site

Online retailer Shop Direct is to transfer its 215,000 sq ft Raven Mill returns centre in Oldham to Clipper Logistics, a provider to the retail sector.

Scotman's Flash Beams Wigan A49 2

Beams laid for Wigan link road bridge

Contractor Jones Bros Civil Engineering has reached its first milestone on the A49 link road, with beams installed for the first of three new bridges.

GMSF Area

GMSF consultation to close on Monday

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Consultation on the Greater Manchester Spatial Framework has just three days to run, bringing to a close a two-month process examining a plan described this week by Mayor Andy Burnham as supporting “ambitious levels of growth”.