Stockport Business News – Thursday 18th August, 2022
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Greater Manchester bus fares to be simplified from 4th September
To mark the changes, TfGM is asking businesses to encourage their staff to #GetOnBoard and use the bus to get to work.
Headlines
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Inflation exceeds 10% for first time since 1980s
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Pensions seen as safer than houses for retirement, finds Handelsbanken analysis
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Catering supplier announces Cheadle warehouse expansion
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2,000 wind turbines set to be installed across Greater Manchester
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musicMagpie invites Greater Manchester tech SMEs to respond to Innovation Challenge
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Together announces new hires to expand footprint in Wales and Scotland
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Applications open for Greater Manchester start ups to join new digital security accelerator
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CMA survey ranks service of British banks


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CMA survey ranks service of British banks
Starling Bank, Monzo and Handelsbanken were the top three rated providers of business current accounts, the CMA found, with Handelbanken retaining the top spot for account management.
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Administrations up 60% in North-west but remain below pre-pandemic levels
Administrations rose as supply chain challenges and rising inflation hit businesses while pandemic support was also withdrawn.
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Government to consider further relief for energy intensive industries
Government to extend electricity subsidies for the most energy intensive industries to protect UK manufacturing from rising energy prices.
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