Your top 10 reads – Outsourcery, Ryan Giggs, NWTC & more
DOMINATING your attention this week were the problems faced by Manchester cloud services company Outsourcery, owned by ex-Dragons’ Den investor Piers Linney.
The company is teetering on the brink of administration and UKFast owner Lawrence Jones, who has previously invested £1m into the company, ruled out a deal to rescue it.
This followed the suspension of trading in Outsourcery shares when shareholders were warned they were at risk of getting “no, or limited value” from their investment. Watch this space as the story develops.
Number two in the best reads chart proved to be speculation that long-time Manchester United hero and now out-in-the-cold assistant manager Ryan Giggs could become the next manager of newly-relegated League One football club Bolton Wanderers.
Exciting though this was for many a Super Whites fan, we came down to Earth with a bump with the appointment of 48-year-old Phil Parkinson, who will leave his job at Bradford City for the Macron Stadium club.
News about restaurants and the companies which run them are always popular among our audience, no more so than when the news broke that the owners of The Botanist and The Oast House, New World Trading Company had been sold to Graphite Capital for £50m.
Headquartered in Knutsford, Cheshire, NWTC was founded by the late Tim Bacon and Jeremy Roberts as part of the Living Ventures Group.
The deal also saw the exit of private equity firm LDC from its investment in NWTC.
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