Today's Lancashire business news from Insider |
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Lancashire
Insider News
Tuesday 10 May 2022

LATEST NEWS

 

TOP STORY

The new group managing director of construction support services group APK, which has sites in Lancashire and Cumbria, has revealed plans for growth both organically and through acquisitions. 
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INSIDER FEATURE

Most businesses will remember the lead up to the implementation of the General Data Protection Regulation (GDPR) when companies were racing to be compliant before the deadline. Specialist commercial lawyer Jordan Withers, of Napthens Solicitors, considers whether UK businesses will need to take a similar approach for their compliance with proposed consumer laws.
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DEALS

Print specialist Hague Group has grown its turnover to £50m with its latest acquisition of a Preston-based business.
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A Preston-based distributor of a range of industrial, hydraulic and pneumatic products being snapped up by listed business Diploma, in a deal worth about £100m, has been named Insider's Deal of the Month.
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Yü Group, a listed utilities supplier, is to launch a new division following the integration of the management, support team and intellectual property of a specialist in smart meter installation and services.
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An established family-owned Lancashire fragrance manufacturer has received a seven-figure funding package from HSBC UK to support its plans for growth and international expansion. 
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Lancashire vegetable wholesaler Huntapac Produce is continuing to expand operations and drive forward its sustainability ambitions after securing funding worth more than £800,000 from Lombard.
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Morrisons has completed a deal for McColl's Retail Group, with all 16,000 staff and more than 1,100 stores transferring.
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INSIDER FEATURE

Andrew Lazare, founder and managing director of Mint Property Finance, says it’s fair to say that when the pandemic broke in 2020, few of us imagined that businesses would face even greater challenges in 2022.
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Joe Taviner, director, business development (North West), at Arbuthnot Commercial Asset Based Lending explores how businesses in the region can maximise their opportunities to drive growth through acquisitions this year.
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PROPERTY

Holker Group has revealed plans to develop a 14.3-acre technology park near Barrow-in-Furness, Cumbria.
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Caddick Developments has had plans approved for its major employment hub in Lancashire, set to create more than 1,000 jobs.
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A new partnership has been launched to build a £300m portfolio of urban/last mile high quality industrial and logistics warehouses across the UK. 
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INSIDER FEATURE

Guy Pearson and Maja Nesdale of IBI Group ask: Have you got 15 minutes?
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If you are considering buying a business (whether as an experienced entrepreneur, just starting out or as an established business looking to expand) or weighing up selling your own business there are many factors to consider and risks to manage. Here, Mark Lupton, director at Beyond Corporate, looks at the process and offers some key take-aways for both buyers and sellers.
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BUSINESS

Defence contracts worth more than £2bn have been awarded to BAE Systems and Rolls-Royce to begin the third major phase of the future submarine nuclear deterrent programme.
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North West accountancy and business advisory firm Beever and Struthers has made two new senior appointments.
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Listed Lancashire polymer manufacturer Victrex has enjoyed a strong first half despite it facing what it described as "further unprecedented energy, raw material and distribution inflation, as well as FX headwinds". 
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Colne-based wastewater monitoring specialist Detectronic has reported a 140 per cent increase in turnover from 2020 to 2021.
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Ambitious scale-up businesses in Lancashire have been invited to apply for a new programme which is designed to help them accelerate their growth.
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Retailer American Golf and former number one Major champion and Olympic Gold medal winner Justin Rose, have joined forces to unveil a new golf academy.
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The Burnley Business Improvement District (BID) will be harnessing "flower power" during the coming months to help bring further vibrancy to the town's streets.
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MANUFACTURING

A Lancashire luxury chocolate maker is aiming to boost sales thanks to support from the Department of International Trade. 
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The UK's light commercial vehicle market declined by almost 30 per cent during April, according to the latest figures.
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OTHER NEWS

 

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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