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Rise in North West businesses in financial distress slows

The number of businesses experiencing 'significant' financial distress in the North West has risen to more than 74,000, according to the 'Red Flag Alert' monitor of UK companies' financial health by Begbies Trainor. While the total number of firms (74,079) experiencing distress rose 12.6% … [Read more...]

Together refinances development securitisation

Cheadle-based specialist property lender, Together, has announced the successful refinancing of its ADALO Asset Backed Securitisation facility, which supports its property development lending. The £100 million ADALO Asset Backed Securitisation will provide ongoing funding for loans secured … [Read more...]

R&D tax relief claims by North West SMEs decline, finds Azets

There has been a marked fall in the number of SMEs in the North West making research & development tax relief claims, according to research by UK top 10 accountancy and advisory firm Azets. The drop has prompted a specialist at the firm to warn that local businesses should use the valuable … [Read more...]

Vernon Building Society launches Christmas Appeal 2025

Vernon Building Society is launching its 2025 Christmas Appeal, aimed at supporting families across the region during one of the most emotionally and financially challenging times of the year. This year's Christmas initiative will support a new charity partner: Chelwood Foodbank Plus is a … [Read more...]

September inflation holds at 3.8%

September saw inflation remain at 3.8%, new Consumer Price Index data from the Office of National Statistics (ONS) has shown. The slowdown in the rate of price rises falls in line with economists' expectations that inflation will be peak in Autumn 2025, before gradually falling back towards the … [Read more...]

Azets welcomes new Corporate Finance Partner

Azets, the UK top 10 accountancy and advisory Group, has announced the appointment of Joe Stroud as Corporate Finance Partner. With nearly 20 years of experience within the investment banking and private equity industry, Joe (pictured left) has a unique perspective on transactions. Having … [Read more...]

Together extends dual representation offer to Scotland

Cheadle-based specialist lender, Together, has announced it will extend its dual representation proposition to Scotland. The change brings the lender's operations in Scotland in line with those in England and Wales, and will apply to unregulated loans up to £500,000 secured against residential … [Read more...]

Vernon Building Society achieves employment ‘treble’

Vernon Building Society has been named Employer of the Year at the North West Business of the Year Awards, marking the third time in 2025 the Stockport-based mutual has been recognised for its employment practices. The award was presented at a ceremony attended by more than 400 guests at The … [Read more...]

Vernon Building Society announces promotion in intermediary team

Stockport-based mutual, Vernon Building Society, has announced the promotion of Dale Sidhu to the role of Intermediary Sales Team Leader. Dale joined the Vernon in April 2021 as an Intermediary Desk Support Advisor and quickly made an impact at strengthening broker relationships and enhancing … [Read more...]

The Vernon celebrates 40 years of Bramhall

Stockport's Vernon Building Society is celebrating the 40th anniversary of its Bramhall branch and inviting members to the branch for tea and cake with the new branch manager, the Vernon’s CEO and Vernon Bear on Wednesday 8 October. The Bramhall branch of the Stockport mutual opened in 1985 on … [Read more...]

Local areas invited to bid for funding to support innovation

Areas across the UK are being invited to bid for up to £20 million in funding to boost innovation and research and drive local economic growth. UK Research and Innovation (UKRI) is inviting local and regional partnerships to bid for government funding from the Local Innovation Partnerships Fund. … [Read more...]