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North West
Thursday 8 July 2021

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MAG eyes recovery after pandemic-hit year

The impact of the pandemic on Manchester Airports Group's (MAG's) financial performance has been laid bare, with revenues plummeting during what chairman Sir Adrian Montague called the "toughest year in the history of aviation". However, chief executive Charlie Cornish believes the business is "particularly well-placed to recover quickly when conditions allow".
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Insider Feature
Feature 1

Business Matters: Market outlook: A half year review

James Bailey from Julius Baer International in Manchester and the North West, says the mid-point of the year has arrived and it’s as good a time as any to reflect on what has happened so far in 2021 and discuss what may be on the horizon.
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Deals

Buoyant half-year for northern dealmakers

Dealmakers in the North of England have enjoyed an active first half of 2021, according to new data, with private equity houses completing 30 transactions worth £10.4bn.
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Techcomp Europe buys Cheshire spectrometer manufacturer

A Cheshire-based designer and manufacturer of mass spectrometers has been bought by Techcomp Europe.
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Management teams showing “increasing appetite and ambition for growth”

LDC, the private equity arm of Lloyds Banking Group, provided £180m of investment to back eight new management teams and to support its portfolio companies in the first half of 2021. The firm said the investments demonstrated an "increasing appetite and ambition for growth" among the management teams of UK mid-market businesses.
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NW businesses boosted by Covid-19 loan schemes

Businesses across the North West received almost £7.6bn in funding under the government's two largest Covid-19 loan initiatives, according to new data.
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£1.1m boost for tech firm

A Manchester-based tech company that helps people plan for and manage death has secured £1.1m in an early seed round backed by GC Angels.
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Trio Healthcare secures further funding from US investor

Ostomy specialist Trio Healthcare has secured a further round of funding from US specialist finance company SWK Holdings Corporation as it seeks to scale up its operations.
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Insider Feature
Feature 2

Business Matters: Can my ex make a claim against assets and income I have generated since we separated?

Until a financial order is obtained within divorce proceedings, either spouse can make a financial claim against the other. When considering what a fair financial claim is, a judge will look at all the assets owned by the couple at the time they divorce. What if one of the couple has significantly increased their assets since separation - will their spouse benefit from this just because they did not divorce sooner after they separated? Fiona Wood, partner with McAlister Family Law, looks at the issues involved.
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Business

Prominent appointments at Northern Gritstone

Northern Gritstone, an investment company founded by the Universities of Leeds, Manchester and Sheffield to facilitate the commercialisation of university science and technology-related IP, has appointed big names to the roles of non-executive chairman and chief executive.
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Strong start for B&M

B&M has been buoyed by a strong start to the new financial year.
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North West partner appointments for EY

EY has made a host of partner appointments across the North West as it continues to nurture homegrown talent.
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Courier service set up by Insider 42 Under 42 alumnus recruits familiar face

A North West-based courier business set up by Insider 42 Under 42 alumnus Paul Woods has added a familiar face to its expanding workforce.
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Jet2 slips to £370m loss following Covid-19 impact

Jet2 has reported a loss of more than £370m in its full-year results after Covid-19 international travel restrictions led to the grounding of its aircraft for more than half the year.
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Senior figure to join the Co-op

A senior figure at the Bank of England is set to join the Co-op before the end of the year.
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WH Smith to open InMotion stores at major UK airports

Retailer WH Smith is to open 18 technology and accessories stores under its InMotion brand across major UK airports. 
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Insider Feature
Feature 3

Business Matters: Health and Safety - the end of the road (map)

As we approach the end of the Government's Roadmap for reopening, Napthens' Head of Health and Safety, Chris Walker, looks at the important lessons for businesses to take away following the pandemic.
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Property

Bradley Hall Trading Estate sold for £20.6m

North West developer HIMOR has sold Bradley Hall Trading Estate in Wigan for £20.6m.
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Flurry of lettings at Deva City Office Park

Commercial property management company Northwood Regional UK has secured a host of lettings at an office park.
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Approval lined up for Crewe development

Plans for a 400-strong housing scheme in Crewe look set to advance next week.
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Other News

NEW 2021 North West Top 500 Companies Database

NEW 2021 North West SME 300 Companies database - contact the region’s top decision makers

Member Exclusive News

Buile Hill Mansion restoration takes step forward

The restoration of Buile Hill Mansion in Salford has taken another step forward.
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Rebrand for Glaisyers Solicitors

Manchester and London firm Glaisyers Solicitors has undergone a rebrand.
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Insider Made in the North West Awards 2021

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17 Sep

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1 Oct

Insider North West 42 Under 42 Dinner 2021

Services & Guides

Greater Manchester Investment Guide 2021

Greater Manchester Investment Guide 2021

A comprehensive guide to investing in the region’s authorities, with facts, figures, statistics and key contacts.
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Corporate Finance Directory

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