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Lancashire
Insider News
Tuesday 3 May 2022

LATEST NEWS

TOP STORY

Revenues have dropped by more than 36 per cent at the maker of the Fisherman's Friend throat lozenge - but the manufacturer has reported an uptick in sales since the relaxing of Covid-19 restrictions. 
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INSIDER FEATURE

Parotec Solutions is a Bolton-based manufacturing company focused on designing and manufacturing case and foam solutions. In this blog, operations director James Betts explains why its latest products have been researched, developed and manufactured within a three mile radius of its base.
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DEALS

Preston-headquartered life and pensions consolidator Chesnara has completed the acquisitions of Sanlam Life & Pensions UK (SLP) and Robein Leven NV.
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EY's North Strategy and Transactions teams worked on seven completed deals worth almost £500m in the first quarter of 2022, despite economic uncertainties and inflationary pressures.
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Praetura Group's lending division has celebrated a "record-breaking" start to the year, with strong growth across all aspects of the portfolio in Q1.
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Ritchie Bros Auctioneers's planned acquisition of Euro Auctions group for an enterprise value of £775m has been terminated. The business said the decision follows the referral of the proposed deal to a phase two review by the Competition and Markets Authority.
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INSIDER FEATURE

Javed Huq, from GP Bullhound, last wrote a piece on the software sector in September 2021 when public markets were buoyant after a brief decline in Q2. There was continued optimism with respect to Covid-19, as the global vaccination programme was showing its efficacy and record amounts of private funding was flowing into software companies from what seemed like an endless pool of capital.
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PROPERTY

Images from the North West Residential Property Awards 2022 - which celebrated the people and businesses that have designed, developed, funded and continue to manage the built environment across the region - are available online.
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Metacre, a wholly-owned subsidiary of Northern Trust Company, has successfully completed the disposal of its 35-acre site in Lancashire to Duchy Homes.
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Contractor Priestley Construction has completed work on student apartments in Lancaster.
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Elan Homes has launched its second Lancashire development as it expands across the North West.
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BUSINESS

Rising customer demand for equipment in the outdoor cooking market has led to the appointment of a new sales director at an expanding North Lancashire business.
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Coffee and food chain Bob & Berts has opened its latest store in a Bury shopping centre, creating 35 jobs.
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Businesses across Lancashire will benefit from a range of virtual reality (VR) equipment designed to help companies prepare for working in a future low carbon economy.
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A Lancashire training provider has committed to helping hospitality businesses across the county upskill staff to improve job retention and plug skills gaps. 
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High street gift card retailer Card Factory has reported a return to profit in its full-year results, with a steady improvement in trading for its stores following the easing of lockdown restrictions.
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MANUFACTURING

UK commercial vehicle (CV) production grew by almost 60 per cent during the first quarter of 2022, according to the latest figures.
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OTHER NEWS

UPCOMING EVENTS

SERVICES & GUIDES

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