The North-west region has recorded a strong six months for private equity deals, according to provisional half-yearly data from CMBOR, the Centre for Private Equity and MBO Research based at Nottingham University Business School and supported by Equistone Partners Europe. Private equity investors … [Read more...]
News for: Northern Powerhouse
£100 million investment provides boost to Northern SMEs
SMEs across Northern England have benefitted from £100 million investment by FW Capital in the financial year ended 31st March 2022. Loans by the fund manager totalling £35.5 million enabled SMEs in the region to access a further £69 million in co-investment from the private sector. Collectively, … [Read more...]
Greater Manchester Integrated Care Partnership launches, bringing health and care services closer
A new Integrated Care Partnership has come into operation from 1st July, bringing health and social care services closer together in Greater Manchester. Under a local devolution deal in 2016, the city-region's ten local authorities were giving greater control over their collective £6 billion … [Read more...]
Government plans relocation of 2,500 jobs to Manchester
2,500 civil service jobs are set to be relocated to a new hub in Manchester under the government's Places for Growth programme to move Whitehall departments out of the capital. The Government Property Agency has signed a lease agreement for a 129,000 sq ft site on First Street in Manchester city … [Read more...]
North West Space Cluster to boost region’s role in multi-billion pound UK space sector
The North-west has been confirmed as a strategic component of the UK's multi-billion pound space sector, with a dedicated North West Space Cluster formally launched in the region. Led by the Science and Technology Facilities Council (STFC), alongside a consortium of key regional, national and … [Read more...]
National vacancy figures mask regional disparities in jobs market
The Local Government Association (LGA), representing councils across England, has called for more powers to be devolved to local authorities after new research highlights the varied regional factors affecting the jobs market in different parts of the country. While national data has show strong … [Read more...]
Stockport economy set to grow to £6.5 billion by end of 2023
The economy of Stockport is set to hit £6.5 billion Gross Value Added (GVA) by the end of 2023, according to analysis by law firm Irwin Mitchell in their UK Powerhouse report's City Growth Tracker, but gaps between North and South are set to widen. Irwin Mitchell's analysis, produced by the … [Read more...]
Greater powers for local leaders announced in new Levelling Up and Regeneration Bill
New plans to enshrine the government's Levelling Up Agenda into law have been announced, including plans to give local leaders greater power over regeneration and housing. The Levelling Up and Regeneration Bill will give more UK regions the opportunity to create local mayors with greater devolved … [Read more...]
GM Mayor calls for Northern tech businesses to do digital differently
Greater Manchester Mayor, Andy Burnham, has called on tech businesses in the North to collaborate on closing the digital skills gap in order to build on the region's success in the sector. Mr Burnham made the comments during a rousing keynote speech at the close of Manchester Tech Week 2022. He … [Read more...]
£2.6 billion levelling-up funding announced
The UK government has announced £2.6 billion of levelling-up funding to match previous EU schemes across all Local Enterprise Partnerships (LEPs) in the UK. The UK Shared Prosperity Fund will be used to allow local authorities to access funds based on their priorities, such as regenerating high … [Read more...]
£150 million fourth round of Safer Streets Fund launches
The government has announced that a fourth round of financial support from the Safer Streets Fund has launched, worth £150 million over three years. Previously announced in the Levelling Up White Paper, the scheme seeks to offer additional funding for local authorities around the UK that are … [Read more...]
Greater Manchester Mayor to champion levelling up opportunities at inaugural UK property conference
Greater Manchester Mayor, Andy Burnham, his counterpart in the Liverpool City Region, Steve Rotheram, and colleagues from both cities, will champion the opportunities the levelling up agenda presents to the property sector at a new UK-based conference, The UK’s Real Estate Investment and … [Read more...]
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