Tuesday 14 December 2021

New homes are set to transform a former mill in East Lancashire almost 20 years after its closure. 
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New rules take effect on 4 January 2022 as the National Security and Investment (NSI) Act 2021 enables the UK Government to scrutinise transactions which pose a threat to national security. But what does the NSI regime do, is it proportionate and what transactions will be caught by the regime? Mark Lupton, director at Beyond Corporate Law, offers his advice.
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Chorley-based claims services provider handl Group has acquired an organisational health and wellbeing business.
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A patented environmental business has secured funding to invest in product development and open a new laboratory in Lancashire.
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Elysium Healthcare, a mental health care provider with operations across the UK, has been acquired by a global group for £775m.
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Diversified investment holding company MBH Corporation is focusing on potential acquisitions. The business said it has the capacity to acquire between 15 and 20 SMEs a year as it continues to expand.
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James Beresford, partner at BLM, says as we move in to 2022 many family business owners still having to spend their time working in their business rather than on their business; this is understandable given the current economic situation. However, planning for the future and succession planning are crucial for family business to thrive.
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Jenny Roberts, from Growth Lending, says the economic turbulence of the past 18 months has created a unique environment for UK SMEs. For some, it has been a challenging time, with management teams needing to adapt quickly and pivot to new services and markets. For others, the pandemic presented an opportunity for growth, enabling firms to expand significantly, amass new clients and even execute ambitious acquisition strategies.
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A popular East Lancashire bar and restaurant has been put on the market. 
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Outline planning permission has been granted for plans by property company Muller to build a canalside development on a former mill site in Burnley. 
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Eric Wright Construction has completed construction of the Manchester Metropolitan University Institute of Sport. 
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A combination of multimillion-pound bids which could help shape Blackpool's future have been backed.
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Andrew Dickman, director at Tritax Symmetry, says never has the spotlight shone so brightly on the industrial and logistics sector as it has in the last 18 months. From the double blow of local lockdowns and disruption in the Suez Canal, to chronic material and labour shortages, not to even mention the lack of HGV drivers and Brexit; these have all become day to day challenges for those working in the industry.
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Business owners and managers in Lancashire have been urged not to miss the opportunity to develop and grow their company by learning from each other through a Government-backed business support service.
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Blackburn's bid to become a city has been formally submitted in the same year the town celebrates the anniversary of a key landmark. 
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The executive chairman of business recovery, financial advisory and property services consultancy Begbies Traynor Group has hailed a "strong financial performance" in its latest results.
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Business optimism across the UK increased for a second consecutive month in November, reaching its highest level since July this year, according to accountancy and business advisory firm BDO LLP. 
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Leyland Trucks, the Lancashire-based manufacturer of the full range of DAF trucks, has celebrated the production of its 500,000th vehicle. 
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There should be a steady stream of lenders and investors looking to fund construction and development of new projects in the region but it is, at best, a trickle. Insider gathered local authorities and property professionals for a roundtable debate on development funding and what needs to happen next to unlock the North West's potential.
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