News for: Finance

Chancellor Rishi Sunak has announced extensions of a number of coronavirus business support measures in the 2021 Budget. In presenting his Budget to Parliament, the Chancellor announced his priorities was in supporting those hardest hit by the pandemic's economic impact, unveiling extensions to … [Read more...]

In the nine months from April 2020 to January 2021, the Northern Powerhouse Investment Fund (NPIF) delivered a record £15 million investment in Greater Manchester businesses. The fund has now supported a total of 175 firms in the city-region with over £60 million invested through Equity Finance … [Read more...]

The first survey of Greater Manchester businesses in 2021 by the GM Chamber of Commerce has shown businesses have seen demand reduced by the combined effects of Brexit and a third Covid-19 lockdown. The Covid-19 and Brexit Impact Tracker survey conducted between 18th January and 1st February … [Read more...]

A new government fund of £10 million has been set up for local authorities, businesses and non-profit organisations to drive investment in the environment. Grants of up to £100,000 will be offered to schemes that both benefit the environment, as well as having potential to attract further private … [Read more...]

Stockport broker, Johnson Reed, has announced it has raised over £14.4 million for UK SMEs in 2020 to finance their businesses through the pandemic. Johnson Reed was also approved as an intermediary for the Coronavirus Business Interruption Loan Scheme, offering 80% government-backed loans to … [Read more...]

Cheadle-headquartered specialist lender, Together, has hired a new regional account manager for the North. James Briggs, who has worked in the specialist market for more than two decades, brings a wealth of knowledge of the industry to his new role, which began at the end of … [Read more...]

The number of companies falling into administration in 2020 fell to an historic low, reports accountancy firm KPMG, who attribute the fall to the government's support measures throughout the Covid-19 pandemic. Analysis conducted by KPMG's Restructuring practice found that just 171 firms in the … [Read more...]

More than 1.4 million government-backed loans have been issued to businesses through financial support schemes during the coronavirus pandemic, HM Treasury has revealed. In the North West, over 7,500 businesses have accessed the Coronavirus Business Interruption Loan Scheme (CBILS), totalling … [Read more...]