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News from the Finance and Investments sector.

Clive Owen invests in new staff in Darlington and Durham

Clive Owen LLP, the award-winning accountancy firm, has appointed five new colleagues at its offices in Darlington and Durham. Louise Crowe, who studied accounting and...

Middleton Enterprises to build on success with new fund launch

Middleton Enterprises, the Newcastle-based investment firm, has increased its net asset value from £95m in 2018 to £115m in 2019. The strong performance has been...

North West retailers ‘amongst most resilient in UK’

Pressure on North West retailers has eased once again over the past quarter, making the region’s retail sector amongst the most resilient in the UK, according to new research by the insolvency and restructuring trade body R3.

Leeds-based TruNarrative chosen to boost global currency specialist’s financial crime strategy

London-headquartered global currency specialist Mercury FX has invested in cutting-edge platform from RegTech firm TruNarrative, to enhance its customer onboarding processes, regulatory compliance and...

Property Investment Advisors at Walton Robinson hit £40m transaction milestone

Walton Robinson, the Newcastle-based property specialists, has achieved a significant milestone having advised on the sale and purchase of £40m worth of investment property...

Acquisition for Hebden Bridge-based Craggs Environmental as it doubles in size

Craggs Environmental Ltd, one of the UK’s leading fuel and tank infrastructure servicing companies, is doubling its size, coverage and operational capacity after acquiring the business and assets of LCM Environmental Ltd.

Growth at Clive Owen York leads to new jobs

Clive Owen LLP in York has grown its team as the accountancy firm gears up for a busy 2020.

Latest quarter shows slight improvement for Yorkshire’s beleaguered retail sector

Bricks-and-mortar shops in Yorkshire and the Humber have seen a slight uplift in their fortunes quarter on quarter according to the latest research from insolvency and restructuring trade body R3.

Sheffield City Region Introduces New Web Tool Set to Attract Outside Investors

The Sheffield City Region has launched a new online tool built for international investors looking for inspiration on where to locate in the region.

Work begins on flagship luxury apartments in Preston City Centre

Initial work begins this month (Jan 2020) on a new development, set to bring much-needed city centre living space to Preston. The new Bishopgate Gardens...

North West business numbers rise by 11,000 as start-up boom continues

The number of businesses in the North West rose by nearly 11,000 during 2019, which could indicate that the startup boom is continuing, according to research by insolvency and restructuring trade body R3.

Year-End Fall In Insolvency Risk For Majority Of North East Industry Sectors

The insolvency risk facing businesses in the majority of North East industry sectors has experienced a year-end fall, according to new research by insolvency and restructuring trade body R3.

Year-long charity drive raises £20,000 at MHA Tait Walker

LEADING accountancy practice MHA Tait Walker is ending 2019 on a high by celebrating the team’s fundraising efforts which have raised thousands of pounds throughout the year for North East charities.

Parent company of O&H to launch new West Yorkshire headquarters in early 2020

We’re thrilled to unveil the blueprint for our growth plans, which begin in early 2020. At a time when many may choose to tread more carefully than usual, we’re investing in new employees, new technology and sophisticated plant machinery.

R3 urges rethink on plan to make directors pay company tax debts

Plans to make directors of failed companies personally liable for their business’s tax debts could penalise genuine entrepreneurs, a North West insolvency expert has warned.

Call For Government Clarity On Insolvency Sector Reforms

A North East insolvency expert is calling on the Government to clarify its intentions for reforming the UK’s insolvency framework.

Darlington law firm calls on local residents to make legal and financial resolutions this...

Latimer Hinks Solicitors, one of the North East’s leading law firms, is calling for residents in the region to make a new year’s resolution...

Evolution Money Partner With Fareshare To Provide 1,745 Meals To Those In Need Across...

Manchester founded, Evolution Money, has partnered with local hunger and food waste charity, FareShare Greater Manchester, to provide meals to those in need across the city.

CIP investment Adepto acquired by US firm

One of the investments made by Conviction Investment Partners (CIP), skills-based Total Talent SaaS platform Adepto, has been acquired by Degreed, as part of...

Galago Group makes acquisition of Northern Recruitment Group in strategic move for further growth

Northern Recruitment Group (NRG) has been acquired by fast growing recruitment organisation Galago Group. The acquisition will see Newcastle-based NRG and its Recruitment Processing Outsourcing...

East Yorkshire Bookkeeper Only Northern Winner in National Competition

An East Yorkshire bookkeeper is the only Northern winner of a national competition. Lisa Smith, 45, from Hedon, is the Internal Bookkeeper and Credit Controller...

Yorkshire businesses put in robust financial performance

The region’s businesses are remaining stalwart in the face of a difficult economic landscape according to insolvency and restructuring trade body R3.

Blagdon Park Cricketers At Cutting Edge After Banks Group Pitches In With Mower Grant

A Northumberland community cricket club is aiming to be a cut above the rest next season after purchasing a new mower to help improve its pitch preparation.

MHA Tait Walker expands data insights team as demand for services continues to grow

NORTH EAST accountancy firm MHA Tait Walker is gearing up for further growth on the back of its specialist Data Insights team, which helps provide strategic growth and insight to businesses across the North East and the UK.

Insurers join forces to fight cyber-crime

A North East specialist insurance broker has unveiled an innovative product designed to support businesses during a cyber-crime attack.

Asbestos removal specialist sets sights on expansion after securing support from Finance For Enterprise...

A specialist Yorkshire-based asbestos removal business is expanding its operations, after securing a six figure combined investment from alternative lending provider Finance For Enterprise and the Northern Powerhouse Investment Fund.
B-North Chooses Newcastle Strategic Solutions for Savings Solution

B-North Chooses Newcastle Strategic Solutions for Savings Solution

B-North, the Manchester-based firm building an SME lending bank for the UK, has selected Newcastle Strategic Solutions Limited to provide its deposit-taking solution. B-North...

North Yorkshire hotel owner looks to hand over his keys to enjoy life as...

The owner of the Kirkgate House Hotel in Thirsk is hoping to hand over the keys to new owners in order to enjoy his retirement as a guest in other B&Bs across the UK.

Commercial vehicle giant opens million-pound Gateshead hub

Commercial vehicle giant, MAN Truck & Bus has opened doors to its state-of-the-art facility on Gateshead’s Team Valley, as the company continues its expansion...

NYMAS celebrates warehouse refurb and year of growth with Tees Valley Mayor

As part of its ambitious growth plan, a North East accessible washroom supplier has revealed its refurbished warehouse, which was officially opened by Tees Valley Mayor, Ben Houchen.

Chainbridge Riverside Retreat acquires Ruswarp Pleasure Boats

A North Yorkshire husband and wife have purchased Ruswarp Pleasure Boats using a flexible business loan from HSBC UK.

Cash Management Savings Company Expands By Internalising Finance Function

One of the UK’s leading cash management savings services has expanded its team, in order to bring all finance provisions inhouse. The decision by Cascade...

NEFirst Credit Union Teams Up With The Banks Group To Encourage Better Money Management

A successful North East-focused credit union has teamed up with a major regional employer to provide better money management and workplace saving opportunities across its workforce.

Belmayne kicks off grassroots links

Two north Sheffield community sports organisations have received a financial boost, thanks to Dronfield-based Belmayne.

NPIF funding helps create jobs boost at fast-growing tech firm

A fast-growing Hull tech company is set to create 25 new jobs after securing a £350,000 loan to support its growth from NPIF - Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund.

Applications open for innovative tech scheme to support Manchester’s next generation of ambitious entrepreneurs

Exchange, a revolutionary new digital and technology programme, has opened applications for its first cohort, as it looks to foster the UK’s next best...

Manchester’s Alexander & Co celebrates a bumper year with over £100 million of transacted...

Manchester based chartered accountants and tax advisors Alexander & Co is celebrating a bumper year, as its corporate tax and business advisory team advised on over £100m of deals transacted in the past 12 months.

Travel for business in style – Grand Central announces completion of £9m Adelante fleet...

Business travellers can benefit from a wide range of useful features including free WiFi, extra legroom, table seating and electrical charging points, as Grand Central announces that the refurbishment of its Adelante trains is now complete.

Tier One Capital appoints new Portfolio Manager

Tier One Capital Ltd. (Tier One), the Newcastle-based wealth management specialists, has announced the appointment of Ross Goldie as Portfolio Manager within the firm’s...

£200k loan helps fast-growing metals firm to bridge the gap

A fast-growing specialist metals supplier has secured a £200,000 loan from NPIF - Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund.