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North West
Insider News
Thursday 19 May 2022

LATEST NEWS

 

TOP STORY

Manchester-headquartered Begbies Traynor Group expects to report rises in revenues and profits in its latest financial year, with growth driven by recent acquisitions. The company said it plans to make further buys to "build our scale and range of complementary services".
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INSIDER FEATURE

Alex Wilson from Mercia Asset Management PLC, says entrepreneurs that have already banked their success have an important role to play in supporting other regional scale-ups. Investors like Mercia Asset Management, with deeply embedded local networks, can facilitate connections between the established entrepreneurs and the rising talent.
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DEALS

Alderley Park-based clinical-stage biotechnology company Redx Pharma is looking to raise £30m through a placing.
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A Manchester-based online luxury fashion retailer has been acquired by Parabellum Investments, the family office operating as a global private equity firm under the leadership of dealmaker Rami Cassis.
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The acquisition of property search and conveyancing services provider TM Group by Dye & Durham could lead to a worse deal for homeowners, the Competition and Markets Authority (CMA) has provisionally found. The watchdog believes that the only effective way to address the issues it has identified would be for TM Group to be sold to a suitable buyer. Dye & Durham said it disagreed with the CMA's provisional findings and is "evaluating its potential options".
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A proposed cash offer for HomeServe, which values the home repairs and improvements business at £4.07bn, is to be recommended to shareholders.
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INSIDER FEATURE

Consultants and accessibility organisation Direct Access discusses how with support from DIT the firm gained access to funding that allowed it to explore international opportunities, leading to an increase in revenue for the company and creation of jobs.
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Lucy Flynn from Beyond Corporate Law, says to mark International Women’s Day this year, the Minister for Women announced a pilot scheme intended to level-up employment opportunities for women which would see participants disclosing salary information in job advertisements and refraining from asking job applicants about salary history during the recruitment process.
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PROPERTY

A scheme to build a six-storey apartment block in a Tesco car park has been scaled back.
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A locally listed former public swimming baths in Crewe looks set to be redeveloped into a job-creating community hub after plans were recommended for approval.
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Planning and development consultancy Lichfields has appointed a new senior director in its Manchester office as it marks its 60th anniversary year and continues to see strong growth.
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Coffee giant Starbucks is looking to open a new drive-thru coffee shop at the site of a Pizza Hut restaurant in Stockport.
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INSIDER FEATURE

We all want to see our buildings become more sustainable but when we drill down into how we actually deliver the vision, it can be challenging to see a clear path. Guy Owen, partner in Sanderson Weatherall's Building Consultancy team, looks at some of the lessons to learn from when we look back at the built environment legacy that surrounds us.
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BUSINESS

British luxury jewellery retailer David M Robinson has reopened its flagship Liverpool ONE showroom following a refurbishment and expansion.
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Mid-market corporate finance house Clearwater International has launched a new division which it believes could unlock £250m of new domestic and international investment for high-growth businesses during the next three years.
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Manchester-based challenger law firm Bexley Beaumont has revealed it is on course to double turnover during the current financial year following a "dramatic" rise in work. 
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A council has been successful in securing £150,000 funding to produce a business case into the Rawtenstall to Manchester travel corridor.
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Lancashire-based recruitment agency Fresh Perspective Resourcing has enjoyed its best trading year to date.
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MANUFACTURING

Approval has been granted for the construction of a new UK parts distribution centre for Stellantis, parent of company of Vauxhall, in Ellesmere Port.
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A Manchester-headquartered distillery has expanded amid what it described as a "strong financial position".
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The UK's new bus and coach market grew by almost 50 per cent during the first quarter of 2022, according to the latest figures, but remained below pre-pandemic levels.
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OTHER NEWS

 

MEMBER NEWS

 

Manchester-headquartered growth agency Six & Flow has secured a raft of new client wins across the business.
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The shadow minister for work and pensions paid a visit recently to Warrington-headquartered BGEN to discuss "tackling the skills shortage" and attracting more young people into the engineering sector
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UPCOMING EVENTS

 

SERVICES & GUIDES

 

A comprehensive guide to investing in the region’s authorities, with facts, figures, statistics and key contacts.
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