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Marketing Stockport News

August 4, 2022

Sixth consecutive rise brings interest rate to 1.75%

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...]

August 4, 2022

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...]

GM Cycling and Walking Commissioner welcomes government active travel plans

August 4, 2022

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...]

Defence manufacturer set to create 120 new jobs as construction progresses on new WFEL facility

August 4, 2022

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...]

UK construction group secures industry's largest sustainability linked loan

August 4, 2022

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...]

Covid Recovery Loan Scheme extended for additional two years

August 3, 2022

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...]

New training programme announced to plug digital skills gaps in Greater Manchester

August 3, 2022

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

August 3, 2022

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...]

Cost of Living payments

August 3, 2022

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

August 3, 2022

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, Atom Valley MDZ, for Greater Manchester gets green light

August 2, 2022

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...]

August 2, 2022

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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Business News

  • North-west businesses report demand concerns in ICAEW monitor Administrations up 60% in North-west but remain below pre-pandemic levels
  • Rise in business confidence revealed in North West PMI survey NatWest warns of growing strain on North-west economy despite rise in activity in July PMI
  • Covid Recovery Loan Scheme extended for additional two years Details released of latest Recovery Loan Scheme
  • Cost of Living payments HSBC and Taylor Wimpey become latest to offer Cost of Living payments to workforce

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