Our partners

Marketing Stockport

Business in Stockport

You are here: Home / Archives for Finance

News for: Finance

Stockport Council agrees 2023/24 budget

Councillors voted to approve Stockport Council's 2023/24 Revenue Budget during a meeting on Thursday 23rd February. The budget, the first since the Liberal Democrat group took over running of the council in last year's local elections, includes a 3.99% increase in Council Tax for residents as the … [Read more...]

Together loan book grows to £5.9 billion

Cheadle-based specialist lender, Together, has today (24th February) announced its quarterly results revealing its loan book grew to £5.9 billion, despite continued uncertainty in the UK economy. The finance group, which provides property loans to individuals and businesses, recorded average … [Read more...]

70 new jobs to be created at Cheadle fintech

Cheadle fintech firm, Conferma Pay, has announced plans to recruit for 70 new jobs in 2023 as part of ambitious growth plans. The roles are predominantly hybrid positions at the Cheadle head office in addition to a small number at offices overseas and follow the company's recent acquisition by … [Read more...]

Inflation falls for third consecutive month

Inflation fell for the third consecutive month, but remains in double figures according to the publication today (15th February) of the January Consumer Price Index (CPI). The ONS reports that the average prices in January of a range of common consumer purchases now stands 10.1% higher than in … [Read more...]

Cheadle fintech welcomes new CEO

Cheadle based fintech firm, Conferma Pay, has announced the appointment of Jason Lalor as Chief Executive Officer (CEO). The appointment follows Conferma's acquisition by Sabre Corporation in August 2022, and a new partnership and minority investment by Mastercard which completed on 31st January … [Read more...]

Bank of England raises interest rates to 4%

The Bank of England's Monetary Policy Committee (MPC) has voted to once again increase interest rates, with the Bank's base rate now set at 4%. The latest rate rise is the tenth consecutive increase announced by economists at the UK's central bank, which is continuing to use its power over … [Read more...]

Plans revealed to ensure fairer pension schemes

Pensions Minister, Laura Trott, has announced plans to ensure private pensions can provide fairer and more predictable returns for those saving for retirement. Reforms announced will help address the pension inequality gap which has opened up since the decline of Defined Benefit (DB) and the … [Read more...]

North West profit warnings rose 31% in 2022

31% more listed companies in the North West issued profit warnings in 2022 compared to the previous year, according to a report by big four accountancy firm EY. The EY-Parthenon Profit Warnings report reveals that 34 warnings were issued in 2022. The number is the highest seen since 2020 when the … [Read more...]