The Bank of England's Monetary Policy Committee has agreed to increase the base interest rate to 1.75%, the sixth consecutive rise. Economists at the Bank of England voted 8-1 in favour of the 0.5 percentage point increase, putting rates at their highest since January 2009 at the beginning of the … [Read more...]
Marketing Stockport News
New funding announced to boost overseas recognition of professional qualifications
The UK government has announced it will offer grants up to £75,000 to help regulators and business organisations have professional qualifications recognised overseas. The move aims to help boost exports within the service industries and make it easier for accountants, lawyers, architects and … [Read more...]
North-west commuters could save £730 by cycling to work
Cycling to work could save commuters in the North-west up to £730 each per year, according to research to mark Cycle to Work Day by employee benefits provider, Blackhawk Network. In a survey of over 2,000 UK employees, the cost of travel to work, including fuel prices, was cited as a top concern … [Read more...]
Stockport manufacturer partners with Rolls Royce on British Army contract
Stockport defence manufacturer, WFEL, has announced that Rolls Royce will supply engines for Boxer Armoured vehicles being built for the British Army. The engine manufacturer has been selected by both WFEL and Rheinmetall BAE Systems Land (RBSL), a Telford-based business also delivering the … [Read more...]
Sustainability business network launches in Greater Manchester
Greater Manchester’s Chamber of Commerce has launched a new free network for the city-region's business community to engage and collaborate on sustainability. The Business Green Scene aims to bring together businesses looking to become more environmentally friendly, covering all aspects of … [Read more...]
Details released of latest Recovery Loan Scheme
Details have been released of the latest iteration of the government-backed Recovery Loan Scheme to help businesses invest and grow out of the Covid-19 pandemic. The scheme, which was launched in April 2021, was extended by the Chancellor for a further two years in July after having already … [Read more...]
GMCA partners with Association of Apprentices to boost opportunities across Greater Manchester
Greater Manchester Combined Authority (GMCA) has agreed a new partnership with the Association of Apprentices (AoA) to help boost opportunities and the learning experience in the city-region. The city-region has entered into a three-year formal Memorandum of Understanding with the non-profit body … [Read more...]
Regional investment funds behind over 30% of research spinouts in the North and Midlands
Public investment from the Northern Powerhouse Investment Fund and its counterpart in the Midlands have been fundamental in supporting innovation-led businesses, according to new research. A joint report from the British Business Bank, UK Research & Innovation and Innovate UK titled 'Backing … [Read more...]
HSBC and Taylor Wimpey become latest to offer Cost of Living payments to workforce
High-street bank HSBC, and housebuilder Taylor Wimpey have joined the growing number of UK businesses supporting their lower-paid workers with one-off Cost of Living Payments. In announcing their latest half-year results, Taylor Wimpey has revealed the business will make a cost of living payment … [Read more...]
Voting opens for Vernon’s Community Stars
Voting has opened to vote for not-for-profit groups in Stockport to benefit from Vernon Building Society's Community Stars scheme. Supporters and members of the public can choose from 37 local not-for-profit organisations and charities this quarter. The groups with the most votes will share the … [Read more...]
New hi-tech innovation hub for Greater Manchester gets green light
City-region leaders have approved the creation of the Atom Valley Mayoral Development Zone (MDZ) to facilitate development along a new corridor in North-east Greater Manchester. The area has potential to create around 20,000 new, high-quality jobs in the city-region, 1.6 million square metres of … [Read more...]
Legal sector to benefit from £4 million investment in digital transformation
The LawtechUK programme is to launch a second phase following a further £4 million government investment to support technology to boost digital transformation within in the legal sector. LawtechUK is a government-backed initiative, launched in 2019 to support digitalisation within the UK legal … [Read more...]
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