The Northern Powerhouse Investment Fund (NPIF) has revealed it has so far invested over £237 million into businesses across the North as it celebrates its fourth anniversary. To date, the fund has been involved in 1,068 deals that have also attracted a further £288 million of private investment … [Read more...]
News for: Investment
Stockport software distributor secures investment for further growth
Stockport-based cybersecurity software distributor, Distology, has secured private equity investment from NorthEdge. The firm, which was founded in Stockport in 2014 and also operates in Europe from an office in Amsterdam, will use the investment to fuel its future growth as a specialist in … [Read more...]
C&C welcomes new Private Clients Director
Stockport-based C&C Insurance Brokers has welcomed a new Private Clients Director as the firm continues its growth across all departments. Emma Lister (pictured) joins the team with a 15-year career in the insurance sector, specialising in the private client market. She has previously … [Read more...]
Greater Manchester Local Enterprise Partnership invests £3 million in city-region innovation
Greater Manchester Local Enterprise Partnership (GM LEP) and Greater Manchester Combined Authority (GMCA) have awarded £3 million to GC Angels to boost innovation and entrepreneurship in the city-region. The investment, made through the Local Growth Fund, is a response to the impact of the … [Read more...]
NPIF investor hits £20 million invested in Greater Manchester businesses
FW Capital has announced the firm has invested £20 million in Greater Manchester businesses through the Northern Powerhouse Investment Fund (NPIF), after launching NPIF-FW Capital Debt Finance in 2017. NPIF's total Microfinance, Debt and Equity investments in the city-region now total £45.3 … [Read more...]
Haw Bank House sold for £3.6 million
A property investor has bought grade II listed office building Haw Bank House, in Cheadle, from Bruntwood. Hollins Murray Group purchased the 1.12 acre site from Bruntwood for its asking price of £3.65 million after a recent refurbishment by Manchester-based Bruntwood. The original Haw Bank … [Read more...]
Stockport printing firm secure £600k funding for 24-hour production
Stockport commercial printing firm, Chapel Press, has secured £600k funding from HSBC to invest into new machinery that allows the business to transition to 24-hour production. Chapel Press expects the move to create five additional new jobs at their site in Bredbury, as well as increase turnover … [Read more...]
2020 budget offers chance to invest in UK regions
The Confederation of British Industry (CBI), which represents 190,000 UK businesses, has called on Chancellor Sajid Javid to use the 2020 Budget on March 11th to support the UK’s regions. The CBI outlined that as the start of 2020 has seen a surge in business confidence, Sajid Javid should use … [Read more...]
British Business Investments commits £50 million to fund supporting small businesses in the North
British Business Investments, part of the British Business Bank, has announced a commitment of £50 million to support Manchester based Tosca Debt Capital’s (TDC) fund supporting small businesses in the North of England. TDC’s fund will focus on funding regional businesses across all sectors, and … [Read more...]
Cheadle online retailer CurrentBody reaches £10 million funding milestone
Cheadle-based online beauty retailer, CurrentBody, has generated a total of £10 million in funding following backing from BGF and NVM Private Equity. CurrentBody has doubled revenues year-on-year over the last five years of growth, and claims to be the world’s largest supplier of beauty devices, … [Read more...]
Manchester buy-to-let properties offer better investment than London
A league table by Aldermore Bank has ranked Manchester one of the best cities for buy-to-let property investment, ahead of London, with a trickle-down effect bringing attention on surrounding boroughs like Stockport. Aldermore Bank analysed 25 UK cities to find the best places to invest. The … [Read more...]
Greater Manchester outperforming huge global cities for investment
Greater Manchester is 10th in the world for inward investment according to the latest IBM rankings and applauded at pro-manchester's annual Property and Regeneration lunch. Held at The Lowry Hotel, over 150 senior professionals attended the event featuring two expert panels focusing on the … [Read more...]
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