Wednesday 15 December 2021

A four-star hotel on Norfolk Street in Liverpool's Baltic Triangle district has taken a step forward after planners recommended the bid be approved.
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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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Warrington-headquartered multi-channel ecommerce business Tactus Group has secured a £13m funding package from Santander UK as it gears up for its next phase of growth in the year ahead.
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The proposed £919m acquisition of listed video game developer Sumo Group by Chinese technology giant Tencent is set to compete early next year after securing approval from US regulators.
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National Express and Stagecoach have reached agreement on the terms of a recommended all-share combination in a deal which will create a group with a fleet of about 40,000 vehicles and a workforce of approximately 70,000 people.
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PureGym, which operates more than 500 venues across the UK and Europe, has secured a £300m investment from private equity firm KKR to support expansion.
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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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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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A 189-bed aparthotel scheme within the Ropewalks area of Liverpool city centre is due to be given the seal of approval.
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Stanlow Terminals has revealed it will make investments over the next three years to develop the UK's largest biofuels storage hub in the North West. 
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A proposed conversion of a grade II-listed building in Liverpool into a 43-bed hotel looks likely to secure approval when councillors meet next week. 
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A contractor has been appointed to build the £54m Glass Futures development in St Helens.
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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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Liverpool John Lennon Airport has revealed a link-up with German carrier Lufthansa that will connect the airport with worldwide routes once again.
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Professional Liverpool has welcomed three leaders from the city region's business community to its 13-strong board.
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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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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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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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