Tuesday 22 March 2022

Automotive marketplace Auto Trader Group has agreed to acquire one of the UK's largest transactional marketplaces for leasing new vehicles in a deal worth up to £200m. The transaction is subject to regulatory approvals.
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Matthew O'Brien, a solicitor at Beyond Corporate Law, says it can be worrying when your business receives a statutory demand as receipt of one is the first stage before a creditor presents a winding-up petition. It is therefore vitally important that a statutory demand is dealt with appropriately.
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A care home operator is targeting growth after securing investment from an affiliate of HIG Capital.
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Cheshire-headquartered RSK Group is expanding its existing mechanical and engineering provision through the acquisition of Ceetech.
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Lancashire-based online retail specialist TymeOnline has secured £150,000 investment through NPIF - FW Capital Debt Finance, managed by FW Capital and part of the Northern Powerhouse Investment Fund (NPIF).
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Unity Trust Bank has posted "record" levels of lending to businesses in its annual results.
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Paul Kelly, from KPMG UK, says if you are a North West business looking to sell all or a controlling stake of your business, you need to know about the National Security and Investment Act 2021 (NSIA) which recently became law.
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In an ever-changing market and as uncertain factors rest on the horizon, borrowers and lenders together face many challenges. Christian Humphreys, partner in Sanderson Weatherall's asset based lending team comments on the specialist support that ABL can offer.
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An American-owned engineering company is expanding in Europe and has taken premises on an estate in Cheshire.
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A 255,000 sq ft multi-let office campus in Manchester is being brought to the market, with offers sought in excess of £54.68m, equating to a 7.15 per cent net initial yield.
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The Wates Group has posted its highest ever operating profit and ended the financial year with a record forward order book, with the overall results being its best in a decade.
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Work has begun on the latest phase of the £145m Stockport Exchange transformation.
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Listed land and property regeneration specialist Harworth Group has hailed "significant progress" across its portfolio in its full-year results.
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Detailed plans for new extra care apartments at the site of a former aerodrome in Stockport have received a positive recommendation. 
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Joanne Finkeldey, from razorblue, says the digital landscape is evolving rapidly. The last decade has seen huge amounts of growth for the technology sector. Tech professionals are the second most sought after role in the marketplace and a considerable amount of research shows that the UK is suffering from a digital skills gap.
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Ecommerce group THG has apppointed Charles Allen, Lord Allen of Kensington, as a non-executive chair. The appointment follows a search initiated in October 2021 when THG committed to splitting the dual roles of executive chair and chief executive held by its founder Matthew Moulding, who will continue as chief executive.
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Adele Carr Recruitment is set for further growth as it launches its executive division.
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Harbour Freight's custom built 43,000 sq ft headquarters in Trafford Park has formally opened. 
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Wirral-based Typhoo Tea has appointed the former Clipper Teas chief executive as chairman.
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A raft of new recruits and a six-figure IT investment are helping North West business PAM Health shape up for major expansion this year.
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OTHER NEWS

MEMBER NEWS

Salford-based technology company Wondrwall has appointed a new chair.
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A prominent retail property expert has joined the growing Manchester office of property consultancy and commercial agency Graham + Sibbald. 
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UPCOMING EVENTS