New venture for ex-Wainhomes boss

April 1, 2002
The former owner of Wainhomes, Bill Ainscough, has secured &£15 million of financing from Bank of Scotland for his latest venture - a housing funder called Northern Venture Capital. The bank now holds a 42% stake in the company, while Ainscough - who sold Wain to Wilson Connolly last year - and Stephen Owen, former Wainhomes chief executive, own the …

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