News for: Finance

Greater Manchester's growing success as a location for financial technology (FinTech) businesses has been marked with a Top 50 ranking by findexable's Global Fintech Index. The Index, which ranks cities worldwide based on the successes of individual firms and overall FinTech ecosystems, saw … [Read more...]

New polymer £50 notes featuring codebreaker and computer scientist, Alan Turing, have entered circulation, with the old notes, along with paper £20 notes, being withdrawn in September 2022. The new note completes the set of polymer banknotes containing the most advanced security features of any … [Read more...]

The British Business Bank, the UK government's economic development bank, has appointed Dr Sophie Dale-Black as a director leading the bank's UK Network team in the North and Midlands of England. The appointment will add to the Sheffield-headquartered bank's presence in the region, with … [Read more...]

Stockport-headquartered re-commerce business, musicMagpie, has reported continued growth in its pre-close trading update for the six months to 31 May 2021, thanks to increased consumer adoption of recycling and reuse of items. The group's financial performance has been in-line with management … [Read more...]

The British Business Banks regional funds in the North and Midlands of England, the Northern Powerhouse Investment Fund (NPIF) and the Midlands Engine Investment Fund (MEIF), have enabled £50 million of investment to help businesses reduce their carbon emissions. Both the NPIF and MEIF have … [Read more...]

Businesses that deferred VAT payments last year have one month left to join online to pay in monthly instalments under the VAT Deferral New Payment Scheme, HM Revenue and Customs (HMRC) has confirmed. The online portal for the new payment scheme closes on 21 June 2021. Over half a million … [Read more...]

Cheadle-based specialist lender, Together, has announced the appointment a new Commercial Finance Chief Operating Officer. Darren Clarke, who boasts over three decades of financial services experience has joined the Cheadle lender from challenger bank, Redwood Bank, where he worked as Director of … [Read more...]

As the coronavirus pandemic continues to restrict international travel, Manchester Airports Group (MAG) has sought approval from bondholders to waive any penalties on almost £2 billion of bonds and credit facilities. MAG believes that it risks breaching financial covenants on up £1.46 billion in … [Read more...]