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You are here: Home / Archives for Finance

News for: Finance

Homes England announce new development finance fund for SME housebuilders

November 28, 2024

£3 billion added to housing guarantee programmes for housebuilders

The government has additional £3 billion in housing guarantees to existing support schemes for housebuilders and make credit facilities more accessible. The government guarantees will reduce risk for lenders and encourage an increase the availability of loans for housebuilders and other finance … [Read more...]

Vernon Building Society colleagues will plant more than 2200 trees with RSPB in 2024

November 27, 2024

Vernon Building Society volunteers help RSPB plant saplings this National Tree Week

Volunteers from Stockport's Vernon Building Society are planting oak and alder tree saplings at the RSPB site at Dove Stone Nature Reserve this National Tree Week (23 November to 1 December). Nine employees are spending two days planting the trees (on 26 and 28 November) at the reserve to help … [Read more...]

Cheadle lender Together to create 100 new jobs

November 22, 2024

Together announces quarterly results

Cheadle-based non-bank lender, Together, has announced its quarterly results for the three months ended September 30th, 2024. The three month period has seen the group's loan book grow a further 3% to £7.6 billion, with average monthly lending up 20.5% on the same period last year (£269.3 … [Read more...]

Tim Mills Regional Head of Corporate Finance at Top 10 accountancy firm Azets

November 19, 2024

Azets advises bakery business seeking rescue deal

Azets, the UK top ten accounting and advisory firm, alongside Brabners Solicitors, has been advising the fourth-generation family bakery, Oddie's, as it seeks to secure a rescue deal. The Lancashire-based family business risks closure of all of its 13 locations after sale of the business fell … [Read more...]

Adam Bickell, Director at Azets Wealth Management in Stockport

November 15, 2024

Azets expands Wealth Management team in Stockport

Azets Wealth Management has expanded its team with the addition of Adam Bickell as Director who will be based at the firm's Stockport office. Adam joins Azets Wealth Management to support the development of a fully integrated wealth and financial planning service for businesses, directors, … [Read more...]

Cheadle lender Together to create 100 new jobs

November 15, 2024

Together upsizes securitisation programme to £1 billion

Cheadle-based non-bank relationship lender, Together, has announced the successful upsizing of its Lakeside securitisation programme (LABS) from £825 million to £1 billion. The LABS facility primarily supports the lender's bridging lending first launched in 2015 as a £225 million revolving … [Read more...]

Gorvins' partner Christian Mancier

November 8, 2024

Expert Opinion: Business Property Relief and Family Businesses

Christian Mancier, Commercial and Corporate Partner at Stockport's Gorvins Solicitors, explains how changes announced in the Budget to Agicultural Property Relief and Business Property Relief could affect family businesses and their inheritance tax planning. For well over 30 years, death has … [Read more...]

Bank of England stress test

November 7, 2024

Bank of England cuts interest rates to 4.75%

The Bank of England's Monetary Policy Committee (MPC) has voted to cut interest rates by 0.25 percentage points to 4.75%, the second cut of this year. Economists on the MPC voted 8-1 in favour of the cut, with the decision following the ONS' announcement that CPI inflation fell below the bank's … [Read more...]

October 31, 2024

Chancellor promises to “rebuild Britain” in first Budget

Chancellor of the Exchequer, Rachel Reeves, presented her first Budget since taking office to the House of Commons on 30th October 2024. The first Budget to ever be delivered by a woman, and the first of a Labour government since 2010, Reeves set out plans to increase day-to-day departmental … [Read more...]

Vernon Building Society completes £150,000 refurbishment of Poynton branch

October 29, 2024

Vernon Building Society completes £150,000 refurbishment of Poynton branch

Vernon Building Society has completed the refurbishment of its Poynton branch, the last remaining bank or building society branch still open in the town. The £150,000 refurbishment of the Stockport mutual's branch on Park Lane, Poynton, is a further demonstration of the building society's … [Read more...]

The Italian Romiley secures American Express grant

October 25, 2024

Romiley Italian restaurant secures American Express grant funding

The Italian, Romiley is among the independent restaurants in London and Greater Manchester to have secured a share of £220,000 grant funding from a grant scheme backed by American Express. The scheme, now in its third year, is run by the International Downtown Association (IDA) Foundation in … [Read more...]

Cheadle lender Together to create 100 new jobs

October 23, 2024

Specialist mortgage market to swell to £54 billion in next five years, finds Together research

The findings of research by Cheadle-based specialist lender, Together, has found demand for specialist mortgage lending has never been higher with lending continuing to surge over the next five years.  Together's 2024 Residential Mortgage Market report reports the specialist lending market is … [Read more...]

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