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New Government fund will drive forward Northern Powerhouse

A new Government fund to transform transport connections will drive forward Northern Powerhouse and deliver the opportunities and ambition of the Industrial Strategy across the country, according to Transport Secretary Chris Grayling. The UK will see its biggest ever increase in research and … [Read more...]

MAG Bond to Fund Transformation Programmes

MAG, the UK’s leading airport group, has priced a £300m, 22-year MAG bond, with an annual coupon of 2.875% and order book that was over three times oversubscribed at around £1bn. The group will use the proceeds of the MAG bond to fund the transformational capital investment programmes that the Group … [Read more...]

100th deal for Northern Powerhouse Investment Fund

The Northern Powerhouse Investment Fund (NPIF) has completed its 100th deal from its £400m funding pot. Supported by the European Regional Development Fund, the Northern Powerhouse Investment Fund has provided £700,000 worth of equity finance to Microbiosensor Ltd, an innovative diagnostic … [Read more...]

Direct flights to China show big regional business benefits

Research reveals how direct flights to China from the North to Beijing are delivering a significant business benefit to the region.  Almost exactly two years since President Xi Jinping visited the North and announced the UK’s first direct flights to China outside of London, research released today … [Read more...]

£400m for New Northern Transport links

Chancellor Philip Hammond has unveiled plans for an extra £400million to be allocated for new northern transport links across the North of England. At the Conservative Party conference in Manchester, Mr Hammond said that the investment would ensure that the economic benefits following Brexit will … [Read more...]

£1bn investment attracts business in Stockport

As Stockport's major plan of investment attracts business in Stockport, Greater Manchester Business Week is running a series of articles honing in on Stockport's business community and examining the impact that this is having in the town.  With regular commentary from the legal eagles at SAS … [Read more...]

Leaders Unite for Northern ‘East to West Crossrail’

Political and business Leaders from across major Northern cities are united in their call for investment in the East to West Crossrail project and are meeting for the first time today in Leeds to demand a fair deal on transport from the Government. The unprecedented gathering is aimed at forcing … [Read more...]

GMCA reject report on ‘negligible’ impact of Media City

The Greater Manchester Combined Authority - GMCA - has rejected what is being viewed as a flawed report claiming that the BBC move to Media City has had “negligible” impact on the city region’s economy. GMCA argued that the city region is home to a huge, thriving and booming creative and … [Read more...]

Petition calls for investment in Transport for the North

IPPR North’s petition calling for more money for transport in the North has attracted over 52,000 signatures. IPPR North, the dedicated think tank for the north of England with bases in Manchester and Newcastle, are urging more people to sign the petition for better Transport for the North - … [Read more...]

Royal Bank of Scotland provide tailored support

The Royal Bank of Scotland has provided six-figure funding to enable a men’s tailoring firm to expand the business with a new retail outlet. Family run men’s tailoring firm, Whitfield & Ward, has opened a brand new destination store in the heart of Wilmslow town centre. Acquired with funding … [Read more...]

Cullen Wealth on DB pension schemes

Andrew Tyler of Cullen Wealth provides us with the need to know on DB pension schemes (defined benefit), from an increased demand to the latest figures.  What’s happening with DB pension schemes? Defined benefit (DB) pension schemes continue to be a hot topic in the business and financial … [Read more...]