A new £20 million fund has launched to provide investment and expertise to help life sciences sector businesses scale up. The ‘GMC Life Sciences Fund By Praetura’ is a partnership between Greater Manchester Combined Authority (GMCA), Cheshire and Warrington Local Enterprise Partnership (LEP), … [Read more...]
News for: Investment
Xeinadin Group completes private equity partnership agreement
The professional services group behind Stockport's Hallidays and 36 other firms in the North-west, Xeinadin Group, has completed the agreement of a new strategic partnership with private equity investors, Exponent. Exponent, which has a track record in the professional services sector, has now … [Read more...]
Stockport online retailer secures £3m investment
A Stockport based online retailer has completed a £3 million funding round to drive its future growth, with Arete and the TDC Impact Fund leading the investment. Originally established as Fireplace Warehouse in 2005, founder Adam Leah built his business selling fireplaces and stoves via two … [Read more...]
NPIF investment has created over 6000 jobs since fund’s launch
Since its launch in 2017, the Northern Powerhouse Investment Fund (NPIF) has supported the creation of over 6000 new, high-quality jobs, according to independent research by SQW. Backed by the European Regional Development Fund (ERDF) and managed by the British Business Bank, the fund has aimed … [Read more...]
Manchester Airport among beneficiaries of £28.5 billion Australian investment in UK
Manchester Airport is to benefit from investment as Australian firms announce a £28.5 billion total investment into UK businesses. IFM Investors, which owns a 35.5% stake in Manchester Airports Group has committed to a £3 billion investment over the next five years, which will help maintain the … [Read more...]
Greater Manchester launches new International Strategy
Greater Manchester has launched a new strategy to set out how the city-region will engage with countries and cities around the world on trade, tourism and international cooperation. The International Strategy will provide a framework for how Greater Manchester will work with the national … [Read more...]
North West set for record year of equity investment
Equity investment in businesses in the North West is expected to reach a record high in 2022 according to a new report published by the British Business Bank. According to the British Business Bank’s eighth annual Small Business Finance Market 2021/22, the investment value of equity deals was … [Read more...]
Green innovation fund launches to back Greater Manchester SMEs on journey to net zero
Businesses, charities and social enterprises in Greater Manchester can now access 60% funding towards projects worth up to £25,000 following the launch of a new green innovation fund to support SMEs to meet net zero goals. The grant scheme is being managed by research and development programme, … [Read more...]
US inflation and geopolitical tension: Handelsbanken explains the week’s global economic news
Handelsbanken have summarised the latest economic news as financial markets react to US inflation figures and growing geopolitical tension between Russia and Ukraine. US inflation at 40-year highAmerican inflation figures took markets by surprise, with the USA's Consumer Price Index showing price … [Read more...]
Professional services group Xeinadin agrees private equity partnership and investment
Xeinadin Group, professional services group with 37 locations across the North-west, including Stockport based Hallidays, has agreed a new partnership with private equity firm, Exponent. Exponent, which has a track record in the professional services sector, will make a significant minority … [Read more...]
NPIF exceeds £300 million investment milestone
The Northern Powerhouse Investment Fund (NPIF) has now invested over £300 million into businesses in the North of England, as well as supported a further £400 million in co-investment from the private sector. The fund was established in 2017 to address an imbalance in investment activity and … [Read more...]
Handelsbanken shares interpretation of global economy in January Strategy Review
Handelsbanken's wealth managers have shared their interpretation of global economic trends as they set out their January Strategy Review for their investments. Asset managers from the bank believe that as the global economy emerges from the worst of the coronavirus pandemic, the peak of … [Read more...]
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