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North West
Insider News
Tuesday 22 February 2022

LATEST NEWS

 

TOP STORY

Turnover has fallen at a Cheshire-headquartered operator of health and fitness centres after it was hit by the Covid-19 pandemic, but bosses are eyeing up future growth and said the business has just achieved its best-ever January performance.
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INSIDER FEATURE

James Corlett, from Beyond Corporate Law, says the Office for National Statistics reported that the close of 2021 saw the highest inflation rate since the early 1990s. This figure is set to peak in the spring once energy price hikes kick in. News reports are rife with consumer products increasing daily. Inflation is a key risk for economic recovery and has become most business’ top current concern.
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DEALS

A £1.24bn takeover of Warrington-based robotic process automation specialist Blue Prism has moved a step closer.
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A Manchester-based company has snapped up an engineering business which employs more than 35 people.
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Carlisle-based accountancy firm Armstrong Watson has acquired a long-standing Leeds practice.
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A Warrington-based company has been acquired by a home assistance business.
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Amati has raised £25m from investors through its latest Alternative Investment Market (AIM) venture capital trust (VCT).
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INSIDER FEATURE

Nicholas Dodd, partner and head of debt advisory UK at KPMG, says ESG is here to stay and a clearly articulated ESG strategy can help to drive competition for a company's financing as well as bringing wider value to the business.
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Could 2022 be the year for councils and developers alike to twin-track their devolution hopes and ‘levelling up fund’ applications with proactively and decisively paving the way to benefit from other, innovative financing options? William Church from CBRE offers his advice.
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PROPERTY

A four-star hotel located in central Manchester which commenced operations in 2020 has been acquired in a £24.1m deal.
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Construction work at Project Violet, the next stage of development at Sci-Tech Daresbury, has completed.
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Caddick Construction has won a £4.3m contract to build a 68,000 sq ft distribution warehouse at Trafford Park.
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The last houses have arrived at New Islington neighbourhood in central Manchester.
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A long-established furniture and gift shop in Chorley has been put up for sale by its owners, who wish to retire. 
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M&G Real Estate, part of M&G's £65bn private and alternative assets business, has purchased nine multi-let industrial assets across the UK as part of its strategic plan to access small unit industrial and "last mile" logistics property in scale.
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INSIDER FEATURE

Matt Hodgson from Claritas, says nervousness remains that the current mainstream rate of capital gains tax of 20 per cent could increase in the short to medium term.
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BUSINESS

Manchester-headquartered online retail giant THG said it knows of "no notifiable reason" for a fall in its share price.
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Salford-based immersive entertainment company Immotion has posted a 135 per cent rise in revenue in its latest financial results.
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A new green innovation fund has been launched to support North West SMEs with Net Zero projects.
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Cheshire-headquartered search and digital agency Click Consult has appointed a new managing director.
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Almost £200m of funding has been put in place so far by Manchester City Council to help tackle climate change, it has been revealed.
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A new chief executive has been appointed at a Greater Manchester company marking 20 years in business.
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MANUFACTURING

Leyland Trucks has revealed one of its biggest apprenticeship schemes in recent years, with applications open for 22 different roles in manufacturing.
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OTHER NEWS

 

MEMBER NEWS

 

Oldham planners have backed a bid to build more than 40 homes in Oldham.
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UA92, the higher education institution co-founded by the Class of 92 and Lancaster University, has appointed a new chief academic officer.
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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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