Friday 17 December 2021

Administrators have been appointed at a Liverpool-based watch brand which was launched in 2019 and retailed Swiss-made timepieces. The assets of the business have been acquired by a connected party who is committed to the brand and fulfilling orders.
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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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The chief executive of the owner of the fast-growing professional services network Dow Schofield Watts brand has hailed the "momentous occasion" of it joining the AIM.
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Rutherford Health, an operator of cancer treatment centres, has received commitments for £10m of new funding.
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The Donaldson Group has acquired a timber frame manufacturer in a move that sees it enter a new market.
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Specialist asset-based lender Ultimate Finance has strengthened its relationship with HSBC by extending its asset finance wholesale funding facility of £60m.
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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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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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Wirral Waters' new business hub, which is Birkenhead's first office development in more than a decade, is complete and ready for tenants to move in. 
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Biotech company Biofortuna has set out plans to double the size of its team after investing in a new headquarters and manufacturing facility.
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Luxury bath, body and home brand Rituals is set to expand its UK presence with a new boutique at a Liverpool shopping centre.
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Birchwood Park has welcomed business service provider Integral UK, which has become the 22nd new occupier at the site in 2021.
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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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Covid testing services provider DAM Health has entered into partnership to provide 90-minute RT-PCR Covid-19 tests, with the service debuting in Liverpool, Manchester and the Wirral first. 
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Listed funding provider Time Finance has been buoyed by positive momentum.
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Warrington-based commercial property company Langtree has posted a rise in profits in its latest financial results.
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The Bank of England has taken the decision to raise interest rates despite uncertainty over the impact of the Omicron variant of Covid-19.
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A premium sausage maker is ramping up production to make a record number of pigs in blankets to allay fears of a shortage this Christmas.
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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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