North West SMEs completed 88 equity deals in Q1-Q3 2023, a 27% decrease compared to the equivalent period in 2022, according to a report from the British Business Bank. The fall in the number of deals comes alongside a 64% fall in total investment, down to £175.3 million in the same period. The … [Read more...]
News for: Northern Powerhouse
Greater Manchester retains title as top large UK city for FDI
Greater Manchester has once again been named as top Large UK City for Foreign Direct Investment (FDI) in the FDI Intelligence European Cities and Regions of the Future 2024 report. In the assessment of over 500 locations across Europe, the ranking once again recognises the city-region's strengths … [Read more...]
Rail Minister addresses Transport for the North Conference
Rail Minister, Huw Merriman, delivered the keynote address, highlighting the government's investment plans in infrastructure in the region at the annual Transport for the North (TfN) Conference. The sold-out event took place at Hilton Liverpool City Centre on Monday February 5th, and brought … [Read more...]
New Year’s Honour for GMCA Chief Executive
Chief Executive of Greater Manchester Combined Authority (GMCA) and Interim Chair of Stockport MDC, Eamonn Boylan, is among those being recognised with an OBE in the King's New Year's Honours list for 2024. Eamonn Boylan is being honoured for services to local government, with a career spanning … [Read more...]
Stockport moves closer to realising Metrolink ambitions
Political, business and transport leaders in Stockport and Greater Manchester have held a round-table meeting to discuss the borough's ambitions for a Metrolink extension into the town. The 'Next Stop Stockport' campaign event took place at musicMagpie's head office at Stockport Exchange, and was … [Read more...]
Greater Manchester secures technology partnerships during Japan trade mission
Greater Manchester has agreed new partnerships with technology firms during a trade mission to Japan spearheaded by city-region leaders. Japanese technology group, Fujitsu, has signed an new exploratory partnership agreement with Andy Burnham, Mayor of Greater Manchester and Cllr Bev Craig, … [Read more...]
DSIT becomes latest government department to make move to Greater Manchester
The Department of Science, Innovation and Technology (DSIT) has announced plans to establish a second headquarters in Greater Manchester. The government department already has around 200 staff based in the city-region, and its commitment to a new Salford headquarters will see that figure double. … [Read more...]
Greater Manchester agrees landmark partnership with Osaka, Japan
Leaders from Greater Manchester have signed a new partnership deal with counterparts in Osaka, Japan, on the first day of a trade mission to the city. The agreement follows on from a visit to Manchester by delegates from Japan earlier this year between the two cities, and will see closer … [Read more...]
£3.9 billion boost for rail connections across the North
£3.9 billion of additional funding has been announced for the Transpennine Route Upgrade, a major rail infrastructure project to improve connections for passengers and freight between cities in the North of England. The project is a major improvement on the route between Manchester, Huddersfield, … [Read more...]
Greater Manchester to host Local Net Zero Accelerator pilot
Greater Manchester is one of three combined authorities to receive funding as part of a pilot programme to drive investment in net zero. Greater Manchester Combined Authority and the West Midlands Combined Authority will each host a Local Net Zero Accelerator pilot, giving local administrations … [Read more...]
Greater Manchester Business Board welcomes five new members
Five experienced business leaders have been appointed to the Greater Manchester Business Board. The Greater Manchester Business Board replaces the city-region's Local Enterprise Partnership and acts as a voice for local businesses within local and national decision making. The new members were … [Read more...]
Manchester Airport to Beijing flights to operate daily from summer 2024
Chinese airline, Hainan Airlines is to almost double capacity on its Manchester Airport to Beijing route, with daily flights to operate from summer 2024. The service to the Chinese capital currently runs four-times weekly, however, from June to September 2024, Hainan Airlines has announced it … [Read more...]
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