Chancellor Rishi Sunak has announced a coronavirus support package for UK businesses driving innovation. The support packages include a £500 million loan scheme for high-growth firms, called the Future Fund, and £750 million of targeted support for SMEs investing in innovation, research and … [Read more...]
News for: Regional Business News
North West coronavirus testing lab fully operational
A purpose-built coronavirus testing lab in the North West has become fully operational, increasing the UK's capacity for testing for the virus. The second so-called Lighthouse Lab is based at Alderley Park, near Macclesfield, is now capable of testing thousands of samples daily, collected at … [Read more...]
Adult education, skills and employment programmes approved during coronavirus
Greater Manchester Combined Authority (GMCA) has confirmed the funding for adult education, skills and employment programmes during the coronavirus outbreak. The £200 million funding for the city-region's local authorities, colleges, training providers and employment support organisations, … [Read more...]
Clean Air Plan consultation delayed due to coronavirus
Transport for Greater Manchester (TfGM) have delayed the statutory consultation on the Greater Manchester Clean Air Plan due to the coronavirus pandemic. The consultation on the Clean Air Plan had been planned for this summer; however, like other areas of the country, current circumstances have … [Read more...]
HS2 construction given green light
The Government has given its formal approval for construction work to begin the HS2 high-speed rail link from London to Manchester. Firms will be expected to follow social distancing rules as work begins on the project. With costs of the project already expected to exceed £100 billion, the … [Read more...]
Planning approvals show hope for recovery after coronavirus
Despite a quarter of construction projects currently suspended due to coronavirus concerns, industry analysts, Glenigan, suggest that an uptick in planning application approvals offer a route to economic recovery. Despite a significant slowdown across the economy, Glenigan found that there is a … [Read more...]
Greater Manchester FinTech scene is largest in England’s regions
Whitecap Consulting has found that Greater Manchester has the largest hub of FinTech businesses outside the capital. Research on the sector was collected before the coronavirus outbreak by a collaboration of Whitecap Consulting, Innovate Finance and the University of Manchester among others, and … [Read more...]
Greater Manchester recognised as Top Digital Tech City
Manchester has been named the UK’s Top Digital Tech City as a result of a deep dive study into digital businesses using artificial intelligence, the first of its kind. Manchester scored ahead of London in the AI survey, due its lower business rates, as well as the city-region’s scale of digital … [Read more...]
Equity Housing merges with Great Places
Cheadle Hulme based housing association, Equity Housing, has merged with North-West focused Great Places Housing Group from 1st April. As of 1 April 2020 Equity Housing Group will cease to exist, with all of its assets transferring to Great Places under a Transfer of Engagement (ToE). Equity is … [Read more...]
Remote Working Guide for SMEs launched by The Growth Company
The Growth Company has launched a series of resources to guide SMEs in Greater Manchester to manage staff while remote working. Following the Government’s guidance that businesses should be encouraging their employees to work from home where possible, many across Greater Manchester have been … [Read more...]
Cheadle lender sponsor Women in Specialist Lending Event
Cheadle based lender, Together, have sponsored a panel discussion on workplace equality at a Women in Specialist Lending Event. Speakers including actor Nicola Thorp (pictured), Fiona Hoyle, head of consumer and mortgage finance at the Finance and Leasing Association, Debbie Burton, CEO at … [Read more...]
Financial support measures announced by Chancellor to manage economic impact of coronavirus
The UK government has announced a wide-ranging package of financial support measures to ensure businesses can continue meeting running costs as the coronavirus outbreak hits the global economy. In the government's daily press conferences on the coronavirus pandemic, Chancellor Rishi Sunak … [Read more...]
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