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Lancashire
Insider News
Tuesday 22 March 2022

LATEST NEWS

 

TOP STORY

The board of a Lancashire-based manufacturer and distributor of hygiene paper products has said it is "pleased" with its financial performance after largely maintaining turnover.
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INSIDER FEATURE

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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DEALS

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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Daisy Group agreeing to acquire telecommunications business XLN Telecom, in a deal reported to be worth about £210m, has been named Insider's Deal of the Month.
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A Lancashire car body refurbishment company is targeting further expansion with the support of a business loan from Rosebud.
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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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A Chorley-headquartered national financial planning firm has reached a milestone with four further acquisitions ranging in size from £10m to £175m AUM, including its 50th deal.
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Morecambe Bay Wines has unveiled a new group brand, an increase in turnover to £24m and the acquisition of a specialist craft beer company.
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OakNorth Bank has provided growth capital to a Lancashire day nursery to pursue a buy-and-build strategy to bring more nurseries with swimming academies to market.
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INSIDER FEATURE

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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PROPERTY

Plans for three business units at the Frontier Park commercial site near Blackburn have been recommended for approval.
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Proposals for a battery storage facility on agricultural land in Lancaster have been lined up for approval.
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Architectural, planning and building surveying practice Cassidy + Ashton has strengthened its architecture and design team with an appointment of an architectural assistant.
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Proposals are being drawn up for an affordable homes scheme in Preston city centre.
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INSIDER FEATURE

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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BUSINESS

Lancashire’s colleges are highlighting the digital skills opportunities being offered to regional employers as part of the £8.4m Lancashire Strategic Development Fund (SDF) Pilot.
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Sovereign Beverage Company and Thatchers Cider have agreed a multimillion-pound exclusive global export agreement.
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GP Bullhound has announced that entries for the 2022 Northern Tech Awards are now open. In their ninth year, the annual Northern Tech Awards showcase and celebrate the fastest growing and most promising tech companies in the North of the UK.
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More than half of businesses surveyed in the North are exceeding pre-pandemic levels, with the majority expecting to fully recover this year, a survey has revealed.
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The North's major cities are lagging behind their European counterparts in providing access to quality public transport networks, costing the Northern economy more than £16bn in lost productivity, according to research from Centre for Cities.
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MANUFACTURING

Eurocell, a manufacturer of PVC window, roof and door products, is eyeing "further progress" after reporting a surge in revenue and a return to pre-tax profit for its latest financial year.
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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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Find an adviser to help you buy, sell or invest in a business.
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North West’s top places to hold events, conferences and meetings.
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