A survey of businesses across Greater Manchester has found that despite feeling the effects of increased uncertainty in the economy, business confidence and hiring intentions remain stable. The results of the Greater Manchester Chamber of Commerce (GMCC) Quarterly Economic Survey (QES) showed … [Read more...]
News for: Regional Business News
GMCA and Homes England agree new partnership to deliver new homes
Greater Manchester will pilot a new Strategic Place Partnership model for housing following an agreement between Homes England and Greater Manchester Combined Authority (GMCA). The new model for partnership working will bring together the government housing agency and local authorities in Greater … [Read more...]
New building safety regulations come into force
Improvements to building regulations have come into force, creating new regulators for high-rise buildings and construction manufacturers in the wake of the Grenfell Tower fire. New rules brought in by the Building Safety Act 2022 will also improve protections for leaseholders and owners of … [Read more...]
Greater Manchester to launch plan to support businesses to cut waste
Greater Manchester is set to roll out a new plan to support businesses and residents across the city-region cut waste and create a more circular economy. GMCA's Sustainable Consumption Plan (SCP) was approved by council leaders on 24th June and supports the five-year Environment Plan already in … [Read more...]
Greater Manchester hospitality businesses encouraged to access fully-funded support
Hospitality businesses are being encouraged to access fully-funded support to help them recruit and grow following the Covid-19 pandemic. The city-region's Night Time Economy Adviser, Sacha Lord, has given his backing to Greater Manchester's Skills for Growth – SME Support service. Delivered by … [Read more...]
B2B PR and marketing agency to wind down after 26 years
Directors at creative marketing and B2B PR agency FIG have decided to close after 26 years in business, citing the ongoing economic challenges following the Covid-19 pandemic. The Glossop-based business was established in 1996. The B2B PR specialist currently employs 16 team members, and has … [Read more...]
Housing Price Index reveals 13.3% annual growth in North-west property prices
The Office of National Statistics has revealed that the average house price in the UK risen £31,000 to £281,000 in the 12 months to April 2022, according to its latest Housing Price Index data. The North-west saw the second highest housing price of any English region rise over the last 12 months, … [Read more...]
North-west SMEs attracted £872 million in equity investment in 2021
SMEs in the North-west secured £872 million in equity investment, triple the previous year's figure, in 2021 according to the latest data released by the British Business Bank. Across the whole of the UK, smaller businesses attracted over £18 billion in equity investment, an increase of 88% on … [Read more...]
Greater Manchester sportswear retailer reports record profits
Greater Manchester based sportswear retailer, JD Sports, has reported record profits of more than double its pre-pandemic performance. The company has reported that sales have held up despite inflationary pressures on consumer spending for the year ending January 2022. Pre-tax profits for the … [Read more...]
Andy Burnham calls on businesses to back digital inclusion scheme
Greater Manchester Mayor Andy Burnham has called on businesses and communities to back the city-region's efforts to help disadvantaged residents get online. The Mayor has launched the Greater Manchester Databank, part of the National Databank run by Good Things Foundation, alongside phase … [Read more...]
Construction completes on two Airport City Manchester hotels
Construction has completed on two hotels at Airport City Manchester: the ibis budget and Holiday Inn, set to create 350 new jobs and deliver 542 beds at Manchester Airport. Beijing Construction Engineering Group International (BCEGI), joint venture partner in Airport City Manchester, has finished … [Read more...]
Number of job vacancies hits record high but pay struggles to keep pace with inflation
The number of job vacancies in March to May 2022 rose to a new record of 1,300,000, according to the latest figures published by the Office of National Statistics (ONS), with regular pay down 2.2% when adjusted for inflation. Despite record high numbers of jobs being advertised by employers, the … [Read more...]
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