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You are here: Home / Archives for Finance

News for: Finance

Michael Davies appointed in North West to grow Azets’ debt advisory services for businesses

August 27, 2025

Azets welcomes debt advisory specialist to North West

Accountancy and advisory firm, Azets, has appointed Debt Advisory specialist, Michael Davies, to support businesses in the North West. Working out of the firm's Stockport office, Michael has been brought in as assistant manager for the expanding service line, which is led by Mark Barrie. He … [Read more...]

HMRC Advice

August 21, 2025

HMRC warns of Self Assessment scams

HMRC is warning the millions of its Self Assessment customers to be vigilant to scams claiming to to be from the department. Scammers often impersonate HMRC, offering fake refunds or demanding urgent payments to steal personal and banking information. And while scams will claim its safe to share … [Read more...]

Inflation holds at 4% despite energy price cap rise

August 20, 2025

Inflation rose to 3.8% in July

Latest annual inflation data from the Office of National Statistics (ONS) has revealed the Consumer Price Index (CPI) has risen by 3.8% in July. The increase, up from 3.6% in June, has exceeded economists expectations and is well above the Bank of England's 2% target for inflation. The Bank of … [Read more...]

Vernon Building Society launches financial education campaign for 13-21 year olds

August 14, 2025

Vernon Building Society launches financial education campaign for 13-21 year olds

Ahead of UK Savings Week, Stockport's Vernon Building Society has launched a Smart Money Summer financial education campaign for young people. Targeting 13 to 21-year-olds, Smart Money Summer aims to educate and engage young people on financial topics, build trust and loyalty amongst Gen Z and … [Read more...]

Rise in business confidence revealed in North West PMI survey

August 12, 2025

North West firms express increased optimism about outlook, finds NatWest survey

Despite revealing a drop in activity in the start of Q3 of 2025, the latest NatWest Growth Tracker saw firms in the North West express increased optimism for trading conditions over the next 12 months. The region's Business Activity Index – which measures changes in the region's output of goods … [Read more...]

Move to end taxpayer bailouts - from the Bank of England

August 7, 2025

Bank of England announces 0.25 point cut to interest rate

Economists at the Bank of England have voted to cut its base interest rate by 0.25 percentage points to 4%, its lowest level in two years. The bank's Monetary Policy Committee (MPC) voted 5-4 in favour of the cut, with those against opting to hold rates at the previous level in light of … [Read more...]

Charities across Stockport urged to apply for grants of up to £5,000 from Vernon Building Society

August 4, 2025

Charities across Stockport urged to apply for grants of up to £5,000 from Vernon Building Society

Charities across Stockport are encouraged to apply for grants of up to £5,000 from the Vernon Building Society's charitable foundation before the deadline of 29 August 2025. Since launching in January 2024, Vernon Charitable Foundation has given out £73,500 to 24 local charities. It was launched … [Read more...]

Centre for Cities reveals pandemic impact on retail in the North-west

July 29, 2025

Growth Guarantee Scheme supports £270 million in lending to North West businesses

The British Business Bank has reached the landmark milestone of £2.5 billion of lending nationwide under its Growth Guarantee Scheme, with the North West receiving £272 million across 1,495 facilities alone. 69% of lending has been delivered to businesses outside London and the South East, and … [Read more...]

Together treats Stockport schoolchildren to a wild day out

July 29, 2025

Together treats Stockport schoolchildren to a wild day out

Children from Adswood Primary School were treated to a memorable day out at Chester Zoo this July thanks to support from Stockport-based finance company Together. The trip gave pupils the chance to explore the renowned zoo and see animals including elephants, giraffes, and bears up close. Each … [Read more...]

North-west businesses report demand concerns in ICAEW monitor

July 24, 2025

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...]

UK Export Finance delivers record support for businesses. Photo by Athanasios Papazacharias on Unsplash.

July 22, 2025

UK Export Finance delivers record support for businesses

UK Export Finance provided a record £14.5 billion in new financing in 2024-25, supporting over 650 UK companies to grow by selling overseas. The export credit agency, working alongside the Department for Business and Trade, provided the highest level of support in its 106-year history in 2024-25 … [Read more...]

The North West companies listed on the Stock Exchange saw a 13% increase in overall value in Q4 2019

July 9, 2025

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...]

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