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News from the Finance and Investments sector.

Crack down on energy brokers means justice for UK businesses

The UK’s leading organisation in tackling energy broker mis-selling, Business Energy Claims, is delighted to announce energy regulator Ofgem has vowed to crack down on 'unscrupulous' UK energy brokers.

Firms warned to beware complacency as company failures reach lowest level in a decade

Businesses have been warned not be ‘lulled into a false sense of security’ after new government figures show that company insolvencies in the second quarter reached their lowest level since 2010.

North West business lender supports content creation and production business through lockdown

Reparo Finance, the Oldham-based business lender, has helped CC VFX, designers of moving-media experiences, films, ads and online content, to weather the lockdown. The...

Healthy Investment makes donation to Bury Hospice

Donation made on behalf of members who completed survey backing proposal to invest their funds in companies that contribute to environmental sustainability.

Nursery Retailer, Kiddies Kingdom, Donates 50 Cot Mattresses to Local Baby Bank

Dewsbury-based nursery retailer Kiddies Kingdom has made a hugely generous donation to local baby charity, Rainbow Baby Bank, in Heckmondwike. The much-needed donation, which...

HURST team on a high with new client win

Accounting and business advisory firm HURST has secured the British Mountaineering Council as a full-service client following a competitive tender. HURST will provide audit, tax and accounting services to the Manchester-based organisation.

North East sees growing distress despite government support measures

Businesses across almost all sectors in the North East saw a marked increase in early signs of distress in the second quarter of 2020,...

Mercia opens NPIF & CBILS applications to SMEs in the Northern Powerhouse region

Finance provider Mercia is now offering NPIF loans of £100,000 to £750,000 backed by the Coronavirus Business Interruption Loan Scheme (CBILS).

IGF appoints Adam Bradbury as ABL Business Development Director to support growth in the...

Independent Growth Finance (IGF), a leading independent commercial finance provider, has appointed Adam Bradbury as ABL Business Development Director. Adam joins IGF after two years at BNP Paribas Commercial Finance, as Business Development Manager.

Active’s Jess is first class

A client support officer at Active Chartered Financial Planners is celebrating after achieving a first-class honours degree at Teesside University. Jessica Armstrong, 25, from Middlesbrough...

Business distress in Sheffield up by 7% amid Government financial measures to reduce covid...

Despite Government initiatives to protect business from the effects of lockdown and the coronavirus, financial problems among Sheffield businesses had increased by 7% to...

Acquisition strategies and the role of private equity

Roshan Puri, Investment Director, YFM Equity Partners: Buy-and-build, roll-up, bolt-on – these sounds more like manufacturing processes than strategies to grow a business. While the...

HW Global appoints RG Corporate Finance to support acquisition strategy

RG Corporate Finance has been appointed by HW Global to support the international executive search firm’s continued growth and acquisition strategy. Launched in 2006, HW...

Finance For Enterprise & NPIF provide silver lining for psychology specialists

A Matlock-based clinical psychology services specialist, which has helped local authorities to save more than a million pounds to date has received a six...

Investor supports tech firm during lockdown

For Leeds-based data analytics software developer Panintelligence, their experience of the pandemic started earlier and more dramatically than for most UK firms. In the first...

Tributes paid to football finance expert

Tributes are being paid to Matt Dunham, one of the North West’s leading insolvency and restructuring practitioners, who passed away suddenly aged 55.

Walton Robinson beats pandemic restrictions to submit new property licencing applications for £15m worth...

Walton Robinson, the Newcastle-based estate and letting agent, has overcome the challenges of pandemic restrictions to help landlords in the city meet new regulations...

Businesses must hold their nerve to avoid a self-inflicted recession, says sales expert Fraser...

A long-term recession is both unlikely and unnecessary – if businesses ignore the normal hard-line approach of financial directors, according to automotive sales expert,...

June corporate and personal insolvency statistics, R3 response

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 corporate and personal insolvency statistics for June:

Start-up that detects fake news raises £2.5m to prepare for US elections

Logically – a tech start-up using AI to detect misinformation and to provide a fact-checking service to combat fake news - has raised £2.5m to further develop its product in time for the US election.

Online training platform launches with chance to win £2000 worth of finance training

To celebrate the launch of its new financial training platform, Yorkshire-based finance management specialist Mellor Financial Training is offering businesses the chance to win free access to the site worth almost £2000.

Survey finds Yorkshire finance directors are braced for second lockdown

A survey of more than 60 Yorkshire-based finance directors has gathered new data highlighting the extent of the impact of the global pandemic on the region’s businesses.

New starters join Healthy Investment during lockdown

Two new staff members inducted by Bury-based friendly society during coronavirus lockdown.

My Property Box eyes Leeds acquisition as part of ambitious expansion plans

Specialist letting agent My Property Box has teamed up with a private equity firm as it seeks to expand its operations into West Yorkshire. The...

Yorkshire architectural practice expands with opening of new London office

A Yorkshire-based architectural practice which specialises in design for the healthcare sector is expanding by opening a new office in London.

How the Mini Budget Could Benefit Your Business

Aaron Gilmore of TreyBridge Accountants explains how the Mini Budget could positively affect your business.

Members of the Entrepreneurs’ Forum identify measures for long-term business growth ahead of the...

Members of the Entrepreneurs’ Forum are looking to the chancellor to announce measures in Wednesday's (June 8) summer statement that will enable businesses to...

Ten jobs saved with sale of historic Leeds Golf Club

Following a period of accelerated marketing on behalf of the management of Leeds Golf Club, Begbies Traynor in Leeds, has completed the sale of the business and assets of the historic club to Leeds Golf Club 1896 Limited, saving all ten jobs at the c

Financial consultancy firm unveils new M&A-focused webinar series

West Yorkshire-based growth consultancy, The City & Capital Group, has pledged its support to the UK’s financial advisory sector with a series of free...

Vernon Building Society’s annual Community Awards open for applications

Vernon Building Society's Community Awards are back, and applications can be made from 1st July to 14th August. Each year, the society donates a £10K pot to more than a dozen local not-for-profits and charities around the Stockport area.

Strong 2019 performance reported by Healthy Investment

Mutually owned provider of ethical investments grew assets under management by almost 16 per cent in the last financial year.
How to manage cash flow in your business?

How to manage cash flow in your business?

Top tips for managing your cash flow effectively so that your business can trade and grow. There is a much-used phrase that ‘cash is king’....

Price optimisation platform raises £650k for growth

A Middlesbrough start-up which could revolutionise the way companies price their products has raised £650,000 from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, and private investors

Finance For Enterprise and NPIF helps modular buildings specialist lay foundations for future growth

Owners of a Hornsea-based construction company which specialises in the installation of modular buildings are cooking up plans to nurture entrepreneurial talent in the...

RGCF predicts growth in MBO activity as it enters its 10th year in operation

RG Corporate Finance (RGCF) is predicting a rise on Management Buy Out (MBO) activity in the second half of 2020 on the back of...

Square One Law advises online rental business Hirestreet on latest fundraising

Commercial law firm, Square One Law has advised online rental fashion business, Hirestreet on securing a round of funding from its existing shareholders. Last year...

Accountancy firm HURST agrees office deal at Spaces Deansgate

Accounting and business advisory firm HURST has agreed a three-year deal for a new Manchester city centre base at flexible workspace venue Spaces Deansgate.

R3 responds to corporate and individual insolvency statistics for May 2020

Eleanor Temple, chair of insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds, comments on Friday’s publication of the Government’s monthly corporate and individual insolvency statistics for May:

Premier Roof Systems is well positioned for future growth having secured a six-figure funding...

Premier Roof Systems is preparing to expand and develop further having secured a six-figure funding package as part of the government’s Coronavirus Business Interruption...

R&D Tax Credits Could Bring Cheer

Ahead of World Gin Day and Beer Day Britain, a northern-based R&D tax reclaim specialist is urging the north's gin distilleries and craft brewers to assess if they could be rewarded by an HMRC refund that would raise some cheer.

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