Prime Minister Andy Burnham has announced plans to transfer greater powers to regional mayors to control finances in their areas by enabling them to retain a share of income tax and business rates revenues. Changes will mean regional leaders will keep more of the rewards when delivering policies … [Read more...]
News for: Business
Management buy-in drives growth for Stockport homeware retailer
DBL Capital, backed by a six-figure investment from NPIF II – FW Capital Debt Finance, has completed a management buy-in of Stockport based online homeware retailer Home Space Direct. In addition to backing from the Northern Powerhouse Investment Fund II (NPIF II), the transaction was also … [Read more...]
British Business Bank supports £9.4 billion of finance for smaller business
The British Business Bank has supported £9.4 billion of finance for small businesses in the 2025/26 financial year - £1.3 billion was public funding, £4.3 billion was private capital crowded in by the Bank, and £3.7 billion came through lending the Bank guaranteed. The Bank's annual Impact … [Read more...]
GM Chamber sets out priorities for local business in open letter to PM
The Greater Manchester Chamber of Commerce has written an open letter to Prime Minister Andy Burnham setting out the priorities of businesses in the city-region that he will need to address during his premiership. The Chamber congratulated the former Mayor of Greater Manchester in rising to the … [Read more...]
Deadline approaches for first Making Tax Digital quarterly update
More than 864,000 sole traders and landlords within scope of Making Tax Digital (MTD) for Income Tax have until 7th August to submit their first quarterly update. The quarterly update covers income and expenses for the first three months of the tax year for those earning more than £50,000 from … [Read more...]
Expert Opinion: Complicated commission schemes don’t motivate, they confuse
Julian Stafford, former founding Director of Midshire Business Systems, is a big believer in rewarding success. He enabled his sales teams to increase their earning potential through a fair and achievable commission structure. By the time he sold Midshire to Sharp in 2017, annual turnover had grown … [Read more...]
Stockport brewery welcomes business rates cuts for pubs
Following Prime Minister Andy Burnham's announcement of cuts to business rates for pubs, Stockport-based brewery and pub operator Robinsons Brewery has welcomed the support for the sector. The 20% cut to business rates for pub, social clubs and live music venues – described by the Prime Minister … [Read more...]
Stockport Council Leader sets out borough’s investment needs in letter to new PM
Leader of Stockport Council, Cllr Mark Roberts, has written to new Prime Minister Andy Burnham, highlighting three priorities where investment is needed in the borough. The three areas Cllr Roberts has raised with the Prime Minister are: One of the key issues raised in the letter is council … [Read more...]
Late payments data shows improvements ahead of new legislation
New official statistics have revealed large businesses are improving payment practices and the time taken to pay suppliers ahead of new legislation to strengthen protections for small businesses against late payments. Since data began being collected by government in 2018, the time large … [Read more...]
Fractional CMO market reaches $1.27 billion as local businesses rethink senior marketing hiring
McCracken Marketing, the Cheadle-based fractional CMO and marketing consultancy founded by James McCracken FCIM, is highlighting new data showing the global fractional CMO market has reached $1.27 billion in 2026 and is on track to more than double to $2.68 billion by 2031 (Vendux/industry research, … [Read more...]
Reforms planned to strengthen equal pay rules
A new consultation has launched to shape reforms to equal pay rules, which aim to strengthen protections for workers against discriminatory pay practices and speed up court and tribunal proceedings. Government is launching work alongside pay discrimination-related findings from a call for … [Read more...]
Scheme to improve access to finance for SMEs set for expansion
The British Business Bank's Growth Guarantee Scheme is set to be scaled up to facilitate SMEs to borrow £3.35 billion per year by 2028/29 as part of plans to improve access to finance for small businesses. The gap between the SME demand for finance and the amount available is estimated to be … [Read more...]
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