Over 5,000 new jobs were created across Greater Manchester in 2021, a record high, thanks to a strong year for inward investment in the city region. The city-region's inward investment agency, MIDAS, has revealed it successfully closed 63 projects in 2021, creating a record 5,080 new jobs, … [Read more...]
News for: Investment
Record job creation sees Greater Manchester named second leading tech city outside London
Greater Manchester has been named the UK's second leading tech city outside London according to analysis for the Digital Economy Council, thanks to record levels of job creation and high levels of outside investment. The city-region was beaten only by Cambridge in the analysis, conducted by … [Read more...]
Entrepreneurs and investors to reconnect at GC Angels and Hallidays pitch event
Investment company GC Angels and Stockport accountancy firm Hallidays are once again partnering for their live and in-person pitch event, taking place at the Hallidays' office in Stockport on 8th December. The event brings together local entrepreneurs with prospective angel investors in their … [Read more...]
Greater Manchester’s Investment Fund creates thousands of jobs, homes and boosts businesses
Thousands of local jobs, quality homes and commercial spaces for people to do business created through Investment FundGreater Manchester’s innovative approach to investment has made huge impact on city-region’s economy through effective investing and recycling fundsOrganisations and businesses who … [Read more...]
North West businesses have secured £94 million in Start Up Loans
Businesses in the North West have now secured a total of £94 million in Start Up Loans from the British Business Bank, the highest of any UK region outside London. The government investment bank has surpassed a total of £600 million worth of loans given to new businesses across the UK since the … [Read more...]
New report on how Greater Manchester’s expertise could help shape the cities of the future.
‘Material Gains: Building Better Cities for People and the Planet’ imagines Greater Manchester in 2038 as a city-region realising fairer and greener economic growth enabled by advanced materials. The report looks ahead to 2038 and a future where advanced materials have had a … [Read more...]
John Lewis to launch first investment products
Retailer John Lewis has announced plans to launch its first investment products, working in partnership with digital wealth manager, Nutmeg. The move comes following market research that indicated consumers would welcome a reputable and trusted brand in the investment space. Nutmeg and John Lewis … [Read more...]
UK investors challenged to deliver ‘Big Bang’ to drive post-pandemic recovery
The Prime Minister and Chancellor have challenged institutional investors in the UK to divert a greater proportion of assets into igniting an 'Investment Big Bang' that will drive the post-pandemic economic recovery. In a letter from Prime Minister Boris Johnson and Chancellor Rishi Sunak, the … [Read more...]
Investor provides £41 million backing for North-west businesses in 2021
Growth capital investor, BGF, has revealed it has so far invested £41 million in North-west businesses during the first six months of 2021. Investment included £20 million of growth capital investment for seven businesses in the region, in addition to £21 million in follow-on funding for its … [Read more...]
Northern SMEs have received over £100 million of NPIF investment
The Northern Powerhouse Investment Fund (NPIF) has delivered more than £100 million in investment to 270 SMEs across the region during the Covid-19 pandemic since April 2020. Of that total, £60 million has come from debt finance, £7 million through the NPIF's microfinance programme. Northern … [Read more...]
North-west leads in British Business Bank equity investments outside London
The British Business Bank has made 117 equity investments in North-west businesses, worth £270 million, in 2020, the most of any UK region besides London. 2020 was a record year for the government's development bank, which supported businesses nationally with over £8.8 billion of investment made … [Read more...]
Regional investment funds support businesses to reach net-zero carbon emissions
The British Business Banks regional funds in the North and Midlands of England, the Northern Powerhouse Investment Fund (NPIF) and the Midlands Engine Investment Fund (MEIF), have enabled £50 million of investment to help businesses reduce their carbon emissions. Both the NPIF and MEIF have … [Read more...]
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