Stockport’s Vernon Building Society has announced the five Community Stars charities that will share its £2,000 community fund for the third quarter of 2022. Over 2,600 members of the public voted for the following not-for-profit groups: The Cherry Tree Project (pictured) - £700 Norbury … [Read more...]
News for: Finance
Bank of England widens gilt purchase operations in response to ongoing market volatility
The Bank of England has announced it increase its interventions in gilt markets with further purchases of long-dated government bonds. Following a September 28th announcement that the Bank would make temporary and targeted purchases of gilts, the Bank of England has announced it will expand … [Read more...]
Start Up Loans programme celebrates 10th anniversary and appoints regional ambassadors
The government's Start Up Loans Programme, delivered by the British Business Bank, has celebrated its 10th anniversary and appointed 12 regional ambassadors across the country. The British Business Bank has also named Lancashire-based Hellion Toys, a company selling hand crafted wooden toys for … [Read more...]
HMRC warns Self Assessment customers to be wary of fraudsters
As the deadline for Self Assessment tax returns to be submitted approaches, HMRC is warning customers to be wary of being targeted by fraudsters and scams. In the 12 months to August 2022, HMRC responded to more than 180,000 referrals of suspicious contact from the public, of which almost 81,000 … [Read more...]
Stockport, Manchester and Trafford among top locations outside London for a finance career
The Greater Manchester local authorities of Stockport, Manchester, and Trafford have all been named among the top locations to start a career in finance outside the capital, according to research by trading company, CMC Markets. While London dominates the UK's financial services sector, CMC … [Read more...]
Less than one month left to be ready for Making Tax Digital VAT filing
Businesses have less than one month left before they will only be able to use a Making Tax Digital compatible software to keep VAT records and file returns with HMRC. From 1st November, businesses will no longer be able to use their existing VAT online accounts to submit quarterly and monthly … [Read more...]
#HereForBusiness webinar series launches to make sense of the energy challenge facing businesses
The GC Business Growth Hub will host the first webinar in series of #HereForBusiness weekly sessions to help businesses in Greater Manchester to make sense of the current energy challenge. Rising energy prices and other rising costs of doing business are impacting companies across all sectors. … [Read more...]
Bank of England intervenes in steadying financial markets
The Bank of England has announced it will intervene in steadying financial markets in a bid to ensure continued access to credit for businesses and households. Following the decline of the pound in recent days, UK government bonds have undergone significant repricing, which in the long term could … [Read more...]
Bank of England restates commitment to increase interest rates further to combat inflation
The Bank of England has issued a statement setting out its commitment to its role in restoring inflation to 2% through further interest rate rises. The statement follows the announcement of the incoming Chancellor's Growth Plan for the UK economy, which has seen the value of the pound drop … [Read more...]
Self Assessment taxpayers have until 5th October to register with HMRC
HM Revenue and Customs (HMRC) is reminding anyone who needs to complete their first Self Assessment tax return for the 2021 to 2022 tax year to register online before the 5th October. Before taxpayers can complete their first Self Assessment return, they need to register with HMRC to receive … [Read more...]
Start Up Loans scheme sees eligibility expanded
The Business Secretary has announced the expansion the Start Up Loans programme, an £884 million scheme for new businesses to access finance. Business Secretary Jacob Rees-Mogg has announced that the scheme will now be eligible for businesses trading for up to three years, with new 'second loans' … [Read more...]
musicMagpie trading update warns of ‘cautious consumer behaviour’
'Cautious consumer behaviour' in August and September has led Stockport headquartered circular economy pioneer, musicMagpie, to warn of slower than expected sales growth for the second half of the year in a trading update issued 26th September. While the Group still expects improved trading … [Read more...]
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