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News from the Finance and Investments sector.

Moody Logistics reduces average age of its truckers with in-house driver apprenticeship scheme

Moody Logistics and Storage has recruited a further two driver apprentices to its own fast track training programme. Alex Elrod and Steve McLetchie are following...

Belmayne delivers donations for homeless

Dronfield-based financial planners, Belmayne, have helped make winter a little less bleak for those who sleep on the streets in Chesterfield, thanks to the generosity of local residents.

YFM makes £8m follow-on investment in Oracle & multi-cloud services specialist DSP-Explorer to fund...

One of the UK’s largest independent Oracle partners, DSP-Explorer, a database and cloud managed services provider, has received an additional £8m of investment from YFM Equity Partners (YFM).

Inusrance broker Attis reports growth and new jobs

Newly-launched commercial risk and insurance broker Attis Insurance has reported strong growth in its first nine months trading. The business expects premium to top the £50m barrier in 2022, and since its launch in Leeds in February this year, has op

Cyber firm targeting US market after 7-figure NPIF – Mercia investment

A leading cybersecurity specialist that provides services for some of the UK’s biggest companies has raised a seven-figure sum from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF)

R3 responds to November 2021 insolvency stats

Eleanor Temple, chair of insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds, responds to today's publication of the November 2021 corporate and individual insolvency statistics for England and Wales.

8 Tips For Preparing Your Taxes in the UK

Note: This article is not intended as financial advice, but rather general tips and tricks. Always seek professional financial advice for your individual situation. As...

Trio’s arrival further strengthens HURST Corporate Finance

Accounting and business advisory firm HURST has bolstered its corporate finance team with three additional staff to meet demand as activity levels in the deals market continue to race ahead.

My Property Box unveils support for grassroots football in Richmondshire

Estate agency, My Property Box, is backing grassroots football by supporting the Under-7s team at Richmond Rockets. The deal has involved providing strips for the...

arch.law announces first strategic international acquisition

arch.law, the new entrant digital law firm, has announced its first international transaction with the acquisition of Australian-based Nexus Law Group.

Professional services challenger firm raises £5m in IPO

DSW Capital – the company behind the Dow Schofield Watts professional services firm - has raised £5m in a successful IPO. The flotation gives the Cheshire-based company a market capitalisation of £21.4m, based on a share price of 100p.

Online4baby grows in size as annual sales surge to £40m

An online retailer of baby products and accessories which has seen sales soar during the pandemic is on track to post record revenues of £40m for 2021.

Breedon Group continues expansion with new offices at DurhamGate

DurhamGate are delighted to be supporting the continued North East expansion of national construction materials company Breedon Group with new office space. Developer Arlington Real...

My Property Box acquires Groves estate agent to strengthen position on Tyneside and Northumberland

My Property Box has acquired Newcastle estate agent Groves as part of its strategic growth plan. All 12 staff will be retained and the firm,...

Christmas tax advice for businesses

Clive Owen LLP is warning businesses not to fall foul of the tax man this Christmas. Seasonal gifts, including the staff Christmas party, can...

Affiliated Utilities powers up for major growth at new HQ

An energy management services group has powered up for major growth after moving to bigger headquarters to accommodate its expanding team. Affiliated Utilities has seen demand for its service soar.

Record year boosts B-Compliant progress

Financial compliance experts, B-Compliant, are celebrating a year of exponential growth, as increasing numbers of advisory firms recognise the benefits of their bespoke services.

Begbies Traynor Group’s advisory team strengthened with appointment of Humber-based bank lending expert

Danny Scarr, an experienced banking professional, has been appointed as a director in Begbies Traynor Group’s advisory practice as it builds its offering across...

Stockport Credit Union Records Busiest Month Ever Resulting in Local Investment

Stockport Credit Union (SCU) has recorded the busiest month its ever had, helping more people than ever before on the run up to Christmas.

Grant Thornton invests in the future with Landmark move

Business advisers Grant Thornton UK LLP has invested in a new flagship office in Manchester, to enable collaboration, innovative thinking and knowledge sharing to...

UK firm’s software launch a ‘game changer’ to prevent data breaches

Newcastle-based software firm, Infotel UK, is spearheading a new inimitable product designed to prevent the mismanagement of data and breaches of GDPR obligations across all businesses that hold sensitive data.

North East Firm Named in Prestigious FT Adviser Top 100 List, for the Third...

Reeves Independent, based in Newcastle Upon Tyne, has been placed in FT Adviser’s Top 100 list for the third year in a row.

High profile investor unveils half-a-million-pound technology investment

NTG Precision Engineers has completed the latest stage of a planned £3.5m investment programme with the acquisition of specialist technology to support the production...

YFM closes £60m VCT fundraising for tech businesses in just seven weeks

YFM Equity Partners (YFM), has once again seen the offers for its two managed Venture Capital Trusts (VCTs) fully subscribed in a matter of...

epco on a pipeline to further growth after recording record revenues

epco, the West Yorkshire industrial thermoplastic pipe products supplier, has achieved record revenues for the past 12 months and has embarked on a strategic...

Belmayne collects for homeless

Dronfield-based financial planners, Belmayne, are teaming up with homelessness charity, Pathways of Chesterfield, to provide practical assistance to those who sleep on the streets.

OT Group named as supplier on Crown Commercial Service’s (CCS) Tail Spend Solution framework

OT Group named as supplier on Crown Commercial Service’s (CCS) Tail Spend Solution framework OT Group has been named as one of only two suppliers...
The 8 Best Payment Processors for Small Businesses

The 8 Best Payment Processors for Small Businesses

With e-Commerce having a significant impact on businesses of all kinds, there is an increasing need for fast and reliable payment processors. Online e-Commerce...

R3 responds to October 2021 insolvency figures

Eleanor Temple, chair of insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds, , responds to today's...

North East fund backs County Durham developer with £4.2m funding

TOC Property Backed Lending Trust PLC (PBLT) is supporting a major new housing scheme in County Durham that will create 145 new homes. PBLT, which...

Contract research firm set to double in size following £700k investment

Gentronix – the UK-based contract research organisation (CRO) that is a leader in the field of genetic toxicology – has raised £700,000 in a funding round led by existing investor Mercia to support its continued growth.

Opus Trust Communications Acquires Adare SEC

Opus Trust Communications, the omnichannel communications specialist headquartered in Leicester, will become a £110m turnover business as it announces the acquisition of Adare SEC for an undisclosed sum from its private equity owners, Endless LLP.

Duncan Bannatyne to open Teesside Airport spa

The Bannatyne Group is opening an express spa at the rejuvenated Teesside International Airport. Following a £100,000 investment to create a luxury wellbeing environment, the...

Vertu Motors donation supports charity’s efficiency drive

Vertu Motors plc has donated £140,000 to a North East charity committed to transforming the lives of offenders, their families and communities. Junction 42, based...

Pre-pack saves 88 jobs at bathroom pod manufacturer

A pre-pack at a Lancaster-based modular construction company has saved the jobs of all 88 staff.

Landscaping firm on growth trail after investment from Mercia

A Cheshire-based landscaping business which maintains sites nationwide for leading supermarkets and utilities companies has secured a significant investment from Mercia’s private equity funds.

Pandemic response drives strong financial performance & workforce bonuses at employee-owned Union Industries

Union Industries, the Leeds-based, employee-owned manufacturer of high-speed industrial doors, has reported positive financial results, which has included delivering £3,600 tax-free bonuses to its...

What are Creditors and Debtors?

A common query made by start-up owners revolves around creditors and debtors, so this article delves into what it all means and how it can affect a business.

Yorkshire-based Composite Prime reports increase in turnover and USA expansion

The UK’s largest sustainable decking brand, Composite Prime, has announced it is expanding into the United States along with a 211% increase in turnover and more than a 25% growth in stockists in 2021.

Luxury brand e-commerce agency set for growth after joining IDHL

North East e-commerce agency Fostr has been acquired by leading digital agency group, IDHL. Creating high-quality buying experiences, Fostr has built an enviable reputation designing...