The Low Pay Commission (LPC) has advised the government to take steps towards uplifting minimum pay for those aged 18-20 to bring it in line with the National Living Wage. In its report published on 27th March, the LPC has recommended considering the case for reducing the NLW age of eligibility, … [Read more...]
News for: Business
Greater Manchester secures funding to improve understanding of night time economy
Greater Manchester Combined Authority (GMCA) and partners have been awarded £300,000 to run a pilot scheme aimed at better understanding the city-region's night-time economy. Money from the Treasury’s Economic Data Innovation Fund (EDIF) will allow a consortium of public bodies, including the … [Read more...]
Manchester Airport welcomes over 200 businesses to Meet the Buyer event
300 attendees from over 200 local businesses were able to meet directly with key prospective clients at Manchester Airport at its Meet the Buyer event. Small and medium-sized businesses from a variety of sectors were represented and had the opportunity to network with 29 major buyers at the … [Read more...]
£660 million second Northern Powerhouse Investment Fund launches
Small businesses in Stockport and across the North of England are set to benefit from the launch of the new £660 million Northern Powerhouse Investment Fund (NPIF) II from the British Business Bank. Since the launch of the first Northern Powerhouse Investment Fund in 2017, it has delivered over … [Read more...]
Stockport businesses get specialist support from a new large scale innovation acceleration programme
Businesses in Stockport are set to benefit from bespoke support from a new innovation programme aimed at accelerating commercialisation and growth. Innovation Navigator, launched by the Greater Manchester Business Growth Hub, is focused on turbocharging business innovation projects from delivery … [Read more...]
Gorvins Solicitors explains the changes to fees at Companies House
With Companies House increasing its fees in May, Christian Mancier (pictured), Partner in the Corporate Commercial team at Stockport's Gorvins Solicitors, explains the changes and what these means for businesses. With effect from the 1st May 2024, Companies House is increasing its fees for … [Read more...]
Prime Minister announces reforms to boost apprenticeships and support small businesses
Prime Minister Rishi Sunak is to announce a number of reforms to support apprenticeships and small businesses in his speech addressing the Business Connect conference. Among the expected announcements he is set to make in Warwickshire today (18th March) include funding to support more … [Read more...]
Start Up Loans provide £16.1 million boost to North West entrepreneurs over 50
Entrepreneurs aged 50 and over have secured more than £140 million in Start Up Loans from the British Business Bank since 2012, with more than £16.1 million going to those based in the North West. The programme has supported 13,422 loans, at an average of £10,427. In the North West, 1,549 Start … [Read more...]
Margin improvements behind 2023 EBIDTA rise for musicMagpie
Stockport-based circular economy pioneer, musicMagpie, has revealed significant margin improvement have contributed positively to the tech reseller's annual results to 30th November 2023. In its annual results, published today (13th March), musicMagpie has recorded a 15.4% increase in EBIDTA to … [Read more...]
Business support programme to open to second cohort of Stockport creative businesses
Digital technology skills and training provider, IN4 Group, is launching a second cohort of its Stockport Creative Campus support programme for the borough’s entrepreneurs and freelancers. The Stockport Creative Campus programme returns on May 9th for 8 weeks of hybrid delivery, providing … [Read more...]
Stockport Council CEO named preferred candidate for top spot at GMCA, GMFRS and TfGM
Fittingly coinciding with International Women’s Day, Caroline Simpson, Chief Executive of Stockport Council, has been revealed as the preferred candidate to become the new Group Chief Executive of Greater Manchester Combined Authority, Greater Manchester Fire and Rescue Service and Transport for … [Read more...]
Chancellor announces range of tax changes in 2024 Budget
Chancellor of the Exchequer, Jeremy Hunt, presented his 2024 Budget to the House of Commons on Wednesday 6th March. Addressing the fellow MPs, the Chancellor outlined improvements made in the economy since taking office in 2022, including a slowing in the rate of inflation from 11% to 4%, but … [Read more...]
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