A popular networking event for the finance and professional services sectors in Stockport and South Manchester returns in June for its next quarterly meeting. The South Manchester Financial & Professional Network, established by Stockport Economic Alliance and Stockport Council, will return … [Read more...]
News for: Finance
Together lends record amount in a single month
Specialist lender Together has announced it has broken its all-time lending record for the second month in a row after exceeding £300 million of new lending in May. The finance group, which provides personal and commercial mortgages, bridging loans and development finance across the UK, revealed … [Read more...]
UK commits to reform credit rules
The UK government has set out its intention to reform the Consumer Credit Act for the first time and update the rules for how people access credit. The Act has been in force since 1974 and sets out the rules for consumers and finance providers for loans, credit card purchases, and other finance. … [Read more...]
Vernon launches Community Stars charity scheme
Vernon Building Society has launched a brand new community funding scheme to help local charities and not-for-profit groups across the Stockport borough. The mutual has supported the local community through its popular Community Awards for the last 10 years, donating over £100,000 to more than … [Read more...]
UK output fell 0.3% during April
The UK's economic output fell 0.3% during April, the Office of National Statistics (ONS) has revealed in its latest Gross Domestic Product (GDP) data. While GDP saw small declines in March and April 2022, the ONS also reported that the economy had grown overall by 0.2% in the three months to … [Read more...]
A fifth of North-west businesses held back by lack of growth funding awareness
Despite high business confidence, nearly a fifth of SMEs in the North-west report they are unaware of growth funding options available to them, according to new research from asset manager and growth capital provider, BOOST&Co. In its 2022 Geared for Growth report, BOOST&Co found that … [Read more...]
Inflation and energy prices are Hallidays’ top financial headlines for June
Inflation and action on energy prices are the top financial headlines in June as Stockport accountancy firm, Hallidays, share their run down of the key stories for business this month. Chancellor announces windfall tax on energy firmsChancellor Rishi Sunak will impose a windfall tax on energy … [Read more...]
HSBC launches £15 billion fund to support UK SMEs
High-street bank HSBC has announced the launch of a new £15 billion lending fund to support SMEs in the UK to invest in their growth. The fund has been launched as part of the bank's commitment to support UK businesses to grow, with SMEs accounting for three-fifths of employment and around 50% of … [Read more...]
North-west FDI returns to pre-pandemic levels
Foreign Direct Investment (FDI) into the North-west of England has returned to pre-pandemic levels, Big Four accountancy firm EY has found, with Manchester the leading city for investment outside London in 2021. The 2022 EY Attractiveness Survey has revealed that the region hosted 74 FDI projects … [Read more...]
Together hires new Regional Account Manager
Cheadle based specialist lender, Together, has announced the hire of Dan Narwal as a Regional Account Manager for London and Essex. The new hire will support the lender's ambitious growth strategy as part of the group's Commercial Finance intermediary sales team in the South of England. Dan … [Read more...]
Vernon makes Young Saver account available to foster children in Stockport
Stockport’s mutual, Vernon Building Society, has updated its Young Saver account to make it available to local foster children. The Society has worked with Stockport Council to make the change after carers highlighted the difficulty in opening savings accounts for their foster children. This is … [Read more...]
Stockport organisations to get behind Money Maximising Roadshow
A number of Stockport charities and organisations will help residents make their money go further as part of a Money Maximising Roadshow being hosted by Stockport Council. The event, taking place at Woodley Civic Hall on 8th June from 12-4pm, is designed to help residents access the services they … [Read more...]
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