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CONTENTS The Big Interview 46


With the world in lockdown and gripped by a pandemic there was just one direction of travel for James Cole to take – launch a business offering luxury cruises. It was a brave move that has more than paid off. Chorley headquartered Panache Cruises has been named the fastest growing business in the north. Here he shares his vision.


REGULARS


The Lancashire Business view


In View


Barometer LBV Hub


Appointments


04 05 16 64 66


INTERVIEWS


The Big Interview: James Cole


46


SPECIAL In View 05


The acquisition of Accrington managed transport specialist CMAC Group by one of the world’s largest land transport companies will ‘turbo-charge’ its growth, according to chief executive Peter Slater. He reveals the background behind the deal.


Dealmakers 14


Khalid Saifullah is excited for the future. He believes the sale of Star Tissue, one of the UK’s leading independent makers of hygiene paper products, to a big-name European player will act as a catalyst for spectacular growth.


Festival of Business 17


The county’s first Festival of Business, organised by Lancashire Business View, saw 200 delegates coming together to celebrate and support excellence an entrepreneurship. The event brought together top business leaders and experts to share experiences and advice.


FEATURES Festival of Business


Skills and Apprenticeships


Women in Business 17


36 41


IN DEPTH Doing the Deal


Hotspots: Preston Built Environment


25 54 59


Doing the Deal


25


In our latest Doing the Deal event we compared increasingly popular Employee Ownership Trusts (EOT) to other methods of exit. We brought together professionals and business leaders that have gone through various sale processes to tell their stories.


Red Rose Award Finalists 29


As Lancashire comes together once again to honour the very best of its business community we take a good look at this year’s impressive Red Rose Awards finalists. The message is simple: These are your future business partners.


Skills Debate


36


Lancashire’s ‘Early Connect’ pilot is providing a great opportunity for employers to raise the visibility of their business and apprenticeship opportunities and to attract college and sixth form leavers. Here we look at its potential impact on the county.


ADVICE Dealmakers Legal View


DEBATE Institute of Technology


GUIDE TO Wealth Management


14 52


25


48


SHOWCASE Red Rose Awards Finalists 29


Women in Business 41


Who are the young Lancashire businesswomen who truly inspire you? That was the question we posed to readers. The response was tremendous and the talent, energy and enthusiasm of those nominated shone brightly. They are our stars of the future.


Preston Hotspot 54


The collapse of the £700m Tithebarn redevelopment masterplan in 2011 was seen as a catastrophic blow to Preston’s fortunes at the time. Today it is being viewed as the city’s lucky escape. Here we look at what emerged from the ashes.


Built Environment 59


City living is looking up in Preston. The acquisition of two major development schemes, including the city’s tallest residential skyscraper, shows how high its star is rising. The changing skyline also points to the growing activity in the city centre.


LANCASHIREBUSINES SV IEW.CO.UK


3


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