Stockport's Vernon Building Society has been accredited as a Living Wage Employer by the Living Wage Foundation. The building society's Living Wage commitment will ensure all colleagues at the Vernon receive a minimum hourly wage of £12, higher than the current government minimum for over 23s, … [Read more...]
News for: Finance
Greater Manchester businesses boosted by £45 million from NPIF backed investment fund
Businesses in Greater Manchester have secured nearly £45 million of?investment from NPIF - FW Capital Debt Finance, part of the Northern Powerhouse Investment Fund (NPIF). The investment has attracted co-investment of over £70 million from the private sector, resulting in an impact on businesses … [Read more...]
Businesses encouraged to register online to manage rates valuation account
The Valuation Office Agency is encouraging businesses to register online to ensure information about their property is up to date. The Valuation Office Agency provides the government the valuations and property advice needed to support taxes such as council tax and business rates. The … [Read more...]
Bank of England again holds interest rates 5.25%
Economists on the Bank of England's Monetary Policy Committee (MPC) have once again voted to hold interest rates at 5.25% when they met yesterday (2nd November). The MPC voted 6-3 in favour of the hold, with those opposing calling for 0.25 percentage point rise in the bank's base rate, although … [Read more...]
Vernon Building Society and New Possible partner to create a better future of work
Vernon Building Society has partnered with New Possible, an AI-powered people insight platform, to gain real-time insight into what matters most to their people. Both organisations are proudly based in Stockport, with New Possible recently announced as one of the first occupiers of the Merseyway … [Read more...]
Vernon continues commitment to Stockport’s high streets with Hazel Grove branch refurb
Stockport’s mutual, Vernon Building Society, held a community event to celebrate and unveil its newly refurbished branch in Hazel Grove. The event was attended by Members, local charity Pure Innovations, Vernon colleagues and its famous mascot, Vernon Bear (pictured at the event with branch … [Read more...]
Vernon Building Society recognised for its ‘passion for the borough’
Vernon Building Society was awarded ‘The Stockport Award’ at the Stockport Business Awards, held at Edgeley Park on 5th October in recognition of its work in the borough. Celebrating businesses who demonstrate a real passion and act as an advocate for the borough, the Stockport Award was a … [Read more...]
North West business activity sees second month of decline, finds NatWest survey
The latest findings of NatWest's Regional PMI survey of North West businesses has revealed a second consecutive month of decline in business activity in the region in September 2023. Amid the sustained downturn in demand for goods and services from North West businesses, employment also fell for … [Read more...]
Together makes £180,000 donation to support Greater Manchester green spaces
Cheadle-based specialist lender Together has made a £180,000 donation to support the work of the We Love MCR charity, which will use funds to improve outdoor spaces in Greater Manchester. £150,000 of the donation from Together will go towards improvements to Wythenshawe Park over the coming years … [Read more...]
One in five SME owners planning to sell by 2025, finds Handelsbanken study
A study conducted for Handelsbanken Wealth & Asset Management has found that one in five SME business owners plan to sell all or part of their business within the next two years. The survey also found a further 11% will seek to downsize during the same period. Of those considering sale or … [Read more...]
Stockport educational technology specialist secures NPIF funding
A Stockport based supplier of educational technology has secured a six-figure investment from part of the Northern Powerhouse Investment Fund to finance future growth. The investment from NPIF – FW Capital Debt Finance, managed by FW Capital will support further growth for Computeam. The … [Read more...]
Together achieves customer service accreditation
Cheadle-based lender, Together, has been awarded its first external accreditation from CCA following a rigorous assessment of every aspect of the Group's processes and procedures that impact customers. CCA Global Accreditation provides a benchmark for delivering good customer experience across … [Read more...]
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