Leading re-commerce business, Stockport based musicMagpie, has announced its admission of the company's ordinary shares to trading on the London Stock Exchange's AIM market. Admission took place and trading commenced at 8am today (22nd April) under the ticker MMAG. musicMagpie is a leader in … [Read more...]
News for: Finance
Growth Hub webinar will explain new Super Deduction tax support
GC Business Growth Hub is hosting a live webinar to explain how SMEs can make use of the recently announced Super Deduction tax support. The ‘super deduction’ allows companies to cut their tax bill by up to 25p for every £1 they invest. In a webinar titled, ‘Super Deduction – How it impacts your … [Read more...]
Cheadle lender lowers rates and increases LTVs on second charge range
Cheadle-based specialist lender, Together, has announced it has cut interest rates on its second charge products in a bid to help borrowers 'locked out' by mainstream lenders. Together's new Prime Plus second charge mortgage has been launched at a rate of 4.29% for capital repayment and to 4.79% … [Read more...]
NatWest economic survey shows signs of recovery in North West
NatWest is the latest high street bank to indicate signs of economic recovery in the North West in its March Business Activity Index. In the bank's latest monthly report, output in the region was shown to be rising at the fastest rate since September last year, with businesses reporting an influx … [Read more...]
Expert Opinion: Five steps to make your company more resilient
With 2020 having thrown up a number of complex challenges for business due to the coronavirus pandemic, Paul Whitney, MD of Stockport accountancy firm Hallidays, discusses five steps a company can make to ensure it is resilient in the face of future challenges and risk-taking. 2020 and the start … [Read more...]
Hallidays’ April financial news reports on latest Covid-19 and Brexit support for businesses
Stockport based accountancy firm Hallidays’ latest financial news and business tips details the latest changes to Covid-19 support as the country begins to emerge out of lockdown restrictions. Business rates relief extended with £1.5 billion fundThe government is to extend business rates relief … [Read more...]
Stockport Credit Union loan book reaches record high during lockdown
At its recent AGM to discuss the 2019-2020 financial year, Stockport Credit Union confirmed that more people than ever before have turned to it for financial support as the devastating effects of the Coronavirus pandemic began to bite. A record 1,108 new members joined, up 44% on the previous … [Read more...]
Business confidence at highest level in a year, reports Lloyds Bank
Lloyds Banking Group have found business confidence across the UK to be at its highest level in a year, according to the high street bank's Business Barometer. Overall business confidence rose to 15% nationwide, with North-west businesses even more confident at 26% on the scale from -100 to +100, … [Read more...]
£237 million in Northern Powerhouse SMEs over past four years
The Northern Powerhouse Investment Fund (NPIF) has revealed it has so far invested over £237 million into businesses across the North as it celebrates its fourth anniversary. To date, the fund has been involved in 1,068 deals that have also attracted a further £288 million of private investment … [Read more...]
Cheadle and Bramhall Santander branches to shut in latest round of closures
High street bank Santander has announced that branches in Cheadle and Bramhall are among 111 sites marked for closure. The Cheadle branch will close at 4pm on 8th July 2021, followed by the Bramhall branch at 4pm on 5th August. The two closures are part of a scaling back of Santander's … [Read more...]
Bank of England unveils designs for Alan Turing £50 note
The Bank of England has unveiled designs for a polymer £50 note that will enter circulation in June, featuring Enigma codebreaker Alan Turing. Following its unveiling, the new £50 note will enter circulation on Alan Turing's birthday, 23rd June 2021, bringing the design and security features of … [Read more...]
C&C Insurance Brokers launch Scottish location
North West based C&C Insurance Brokers have continued their ambitious expansion plans with a new Scottish operation. Opening in April, C&C’s new function in Dumfries and Galloway will be run by Lauren Kerr who joins the business to develop business opportunities in the Scottish region. … [Read more...]
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