Today's Northern Powerhouse business news from Insider |
Growing tech specialist AND Digital has secured an additional £8m equity investment from BGF as it looks to further bolster its presence in northern England, Scotland and overseas. It is also eyeing a 400-strong recruitment drive. Read More… |
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Scott MacIndeor from Water Plus looks at how you can take steps to keep control of running costs, reduce risks of interruption and reach green goals. Read More… |
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News from the Northern Powerhouse | A technology-led fulfilment services provider backed by mid-market private equity firm LDC has acquired a logistics, warehousing and fulfilment business. Read More… |
The Chill Factore has been acquired by the Snow Centres Group as it looks to expand its UK portfolio. Read More… |
Private equity will still be at the forefront when management teams are looking for investment, a senior figure at Inflexion has told Insider, especially those lining up an IPO. Carl Wormald, a partner at the firm's Manchester office, also discussed the sectors he expects to be most active and why the North West continues to be a "really important part" of the company's jigsaw. Read More… |
Plans for a major distribution facility for national parcel carrier DPDgroup – which could create 125 jobs – have been submitted. Read More… |
A franchised Mercedes-Benz commercial vehicle dealer with sites across the North East of England has upped turnover and pre-tax profits in its latest financial year. Read More… |
A West Yorkshire software provider that has helped distribution and wholesale companies to adapt to doing business online during the pandemic is aiming to expand its overseas client base after securing new funding. Read More… |
An application has been filed to create a new roof terrace café space at Newcastle's flagship department store Fenwick. Read More… |
A North East fashion retailer has secured a six-figure investment from the North East Growth Capital Fund Loan Fund supported by the European Regional Development Fund. Read More… |
Manchester City reported a net loss of £126m last season but are expecting an immediate return to profitability. The club fell heavily into the red as a result of Covid-19, the postponement of games and delayed player trading. Read More… |
Planning permission has been secured for a £3.6m industrial development at the former Kellingley Colliery. Read More… |
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Sean Hutchinson, senior investment manager at the British Business Bank, says over the last year, there is no doubt that the small business community has been faced with prolonged challenges, driven by the national lockdown. Read More… |
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Powerhouse Perspective | In the latest instalment of Insider's Q&A series on the Northern Powerhouse, Robin Hill, co-founder of Pentest People, outlines what the initiative means to him, calls for more action at grassroot level and stresses the need to improve transport links between major cities. Read More… |
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