The Greater Manchester Further Education Innovation Programme (GMFEIP) is celebrating that over a thousand businesses in the city-region have accessed innovation support and training from local colleges. Backed by £2.5 million in funding from Innovate UK, GMFEIP empowered nine FE colleges across … [Read more...]
News for: Business
British Business Bank delivers £700 million boost for North West economy
The North West economy is expected to see a £700 million boost in output as a result of support for businesses in the region provided through the British Business Bank in 2024/25. The UK government’s economic development bank has revealed in its latest annual Impact Report that its support of … [Read more...]
Manchester Digital Strategy launches report into regional start-up landscape
A new report, with expert-led recommendations, has been launched by Manchester Digital Strategy, in order to lay the right foundations for a stronger, more equitable and thriving start-up ecosystem for the region. There are more than 10,000 digital and tech businesses in Greater Manchester and … [Read more...]
Businesses in the North West lack AI understanding, finds British Business Bank
Only 27% of businesses in the North West said they have a basic understanding of generative AI, finds new research conducted for the British Business Bank. Research, conducted by YouGov on behalf of the Start Up Loans programme, revealed less than half (46%) of UK small businesses use AI at work. … [Read more...]
Build a Business workshops come to Stockroom
The Build A Business in GM Libraries programme will return to Stockport, with Stockroom hosting three sessions in August and September. Workshops aim to support existing business owners or aspiring entrepreneurs looking to develop their business idea and ensure they have access to the skills and … [Read more...]
Stockport creative agency, Dawn, certified as a B Corporation
Stockport-based creative and branding agency, Dawn, has officially been certified as a B Corporation in recognition of its efforts to be a force for good in business. Dawn has always believed business should be a force for good. Becoming a B Corp gives the agency a solid framework to keep pushing … [Read more...]
UK inflation rises further to 3.6%
UK inflation rose in June to 3.6%, latest Consumer Price Index (CPI) data from the Office of National Statistics, and follows a previous rise in May's data. The increase in inflation has been driven principally by a slowdown in price falls for motor fuel and the third consecutive month of food … [Read more...]
Andy Burnham sets out vision for next decade of growth across Greater Manchester
Greater Manchester Mayor, Andy Burnham, has set out his ambitions for delivering the next decade of growth in the city-region. Speaking at Manchester's Campfield on Wedneday 9th July, the Mayor shared the city region’s blueprint for a greener, fairer future at the launch of the The Greater … [Read more...]
North West economy ends quarter on a stable footing, finds NatWest tracker
Business activity stabilised across the North West private sector in June, following a decline in output in recent months, the latest NatWest Growth Tracker survey has revealed. The headline North West Business Activity Index – which measures changes in the region's output of goods and services – … [Read more...]
Greater Manchester leads UK in productivity improvements
Greater Manchester has seen the biggest increase in productivity of any UK region over the past 20 years, according to analysis by the Northern Powerhouse Partnership. The analysis found that between 2004 and 2023 the city-region saw the highest rise in gross value added (GVA, a measure of … [Read more...]
New report highlights progress made towards tackling skills gaps in Greater Manchester
A new report has highlighted the progress made in tackling the skills gaps faced by businesses in Greater Manchester as part of the city-region's Local Skills Improvement Plan (LSIP). LSIPs are a Department for Education initiative to align skills training with employer needs, and in Greater … [Read more...]
Lloyds Business Barometer finds sustained rise in business confidence
A monthly business survey conducted by high street banking group, Lloyds, has revealed a sustained rise in business confidence across the UK. Business confidence increased by 1 point to 51% in June nationwide, with the North-west seeing a 3 point rise to 55%. The rise follows a sharper rise in … [Read more...]
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