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News from the Finance and Investments sector.

New medical devices firm secures £650k NPIF investment

A new medical device supplier which aims to offer UK hospitals the latest innovations from around the world has secured a £650,000 investment from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment

Forgetting to Invoice Losing Micro Businesses £875million – £1.7billion Annually

* Many small businesses lose customers because they can only take cash payments * Amaiz offers customers mobile card readers with no monthly costs as hygienic alternative to handling cash * Businesses can invoice from app while still with customers

London property company completes refurbishment of Leeds business park

Carter Towler and Cushman & Wakefield launch refurbished Landmark Court, Elland Road, Leeds.

HURST sets up taskforce to steer companies through coronavirus crisis

Accounting and business advisory firm HURST has set up a taskforce spearheaded by three partners to help clients battle through the coronavirus crisis.

Flooring wholesaler expands into the North East

A flooring wholesaler has opened a 20,000 square foot depot in County Durham as part of its UK expansion strategy.

Start-up secures £350k to develop smart system for care homes

A Sheffield company, which has developed a more advanced ‘nurse call’ system for care homes, has secured £350,000 investment from NPIF - Mercia Equity Finance that is managed by Mercia and is part of the Northern Powerhouse Investment Fund.

Yorkshire-based commercial finance consultancy sets up COVID-19 finance advice line

A national helpline has been set up in West Yorkshire to help businesses survive the Coronavirus crisis. Commercial Finance Consultancy ABL Business has set up the advice line to provide information on the Government’s CBILS (Coronavirus Business

DSW Angels hits milestone with 1,000 applications for funding

DSW Angels, the business angel network, is celebrating a milestone after receiving its 1,000th application for funding within two years of its launch.

Renewable energy facility gets green light for funding

A North East based renewable energy developer has secured additional funding to construct biogas generation facilities in Staffordshire, with help from UK Top 100 northern law firm Ward Hadaway.

Accountancy firm HURST kicks off mental fitness initiative

Accounting and business advisory firm HURST is teaming up with a charity founded by former rugby league players to kick off a mental fitness initiative for its staff.

Now is the time to consult a pensions specialist

With the Coronavirus (COVID-19) crisis escalating and the FTSE 100 experiencing its worst day of trading in 30 years, Hilltop Finance is encouraging the general public, or anyone with a personal pension, to seek professional advice.

Equity Release Supermarket mark 2020 with boosted growth and key new hire

Equity release rising star, Ellis Hansborough, is to join Equity Release Supermarket as an equity release adviser this month. Equity Release Supermarket (ERS), one of...

Venturi Ltd founder completes MBO to drive further growth

International specialist technology staffing company, Venturi Ltd is targeting further growth and scale-up of its operations following the completion of a vendor-initiated management buyout. The...

Simon Bailes Peugeot says that 2020/21 is the perfect time to invest in all-electric...

There are significant advantages to both businesses and company car drivers when they switch to pure electric vehicles, says Simon Bailes Peugeot. From next month,...

BDO praises positive budget announcement

Chancellor's budget announcement sends out an encouraging message for the North's smaller business owners

Cash Reserves Advice as Interest Rates Are Cut

Dr Emma Black, leading financial expert in cash management and MD of Cascade Cash Management (Cascade), rounds up the financial impact of the Covid-19...

Materials Processing Institute awarded £22m to create industrial revolution for steels and metal sector

The Materials Processing Institute has been awarded £22m by chancellor Rishi Sunak to deliver a five-year research and innovation programme to revolutionise the steel...

Doubling of Junior ISA limit welcomed by Healthy Investment chief exec

“JISAs can no longer be ignored” says Healthy Investment boss as Chancellor raises annual subscription limit from £4,368 to £9,000.

Scanlans wins property management deal for Ironworks scheme in Leeds

Scanlans is expanding its property management portfolio in Leeds with an agreement to look after 68 energy-efficient homes at an award-winning scheme on the city’s South Bank, one of the largest city centre regeneration projects in Europe.

Funding will help historic engineering firm to keep growth on course

A historic Sheffield business which makes suspension parts for trucks worldwide is continuing its expansion with the help of a £300,000 loan from NPIF - Mercia Debt Finance, managed by Mercia and part of the Northern Powerhouse Investment Fund.

Greaves West & Ayre celebrate female trio of Chartered Accountants

A trio of females at a local firm are celebrating there Chartered Accountancy qualifications coinciding with International Women’s Day and the Institute of Chartered Accountancy’s centenary campaign marking the admittance of its first female member.

The dance goes on thanks to cha, cha, cha-rity funding for Headway Arts

Believing that participation in arts is an entitlement for everyone, Headway Arts is dancing into the sunset thanks to a recent announcement that it...

Logistical Logic Lands Large Investment Funds

An ambitious entrepreneur who was left unable to work has transformed an idea into a multi-million pound business venture after securing backing from alternative lending provider Finance For Enterprise and the Northern Powerhouse Investment Fund.
Leeds FinTech Sector continues to strengthen, according to new report

New report shows continuing growth in Leeds’ FinTech Sector

The FinTech sector in Leeds City Region has shown growth in several key areas over the last two years according to a new report published by regional...

Three in ten people in Yorkshire would go into debt to solve a gap...

Three out of ten adults in Yorkshire and Humberside (31%) say they would be most likely to take on extra debt if they were faced with a sudden gap in their finances, according to new research from R3, the insolvency trade body.

Greater Manchester-based Healthy Investment calls for Budget clarity on future of ISAs

For the first time the investment industry does not know the next tax year’s ISA subscription limit with just a month to go, sparking fears the Chancellor could have radical reform in his sights.

Continued investment at Stephenson helps maintain strategic growth within the soap base and speciality...

Global soap base and speciality ingredients manufacturer Stephenson is continuing to expand by investing in production methods at its UK headquarters. Based in Leeds, the...

Flooring retailer announces major investment in new Teesside store

A fast-growing retailer is opening a £150,000 store in Teesside this weekend as part of its national store roll-out programme.

Local business advisers support deal for SSI Steelworks

The business recovery and advisory divisions of Begbies Traynor Group, which has an office in Stockton-on-Tees, has welcomed the announcement last week of the deal between Tees Valley mayor, Ben Houchen, and SSI Steelworks.

Research by Manchester-based Utility Bidder reveals the cost of office energy waste

Manchester-based Utility Bidder researched how many watts of energy is consumed by businesses and estimated the average cost.

New North West chair and deputy chair for trade body R3

The North West branch of R3, the trade body for insolvency and restructuring professionals, has two new faces at the helm. Allan Cadman has become regional chair while Jean Boldero becomes deputy chair.

Hortor commits to Central America with extension of Costa Rica office

Hortor, the global strategic resourcing consultancy with its UK headquarters in Yorkshire, is set to expand its presence in Costa Rica as part of...

Homes worth £4m reserved as game-changing Goole development takes off

Homes with a total value of £4m were reserved during a hugely successful launch weekend for Beal Homes’ new The Greenways development in Goole.

£5 million investment made in North East flooring company

Growth Partner has completed a £5 million investment into high growth North East based floor coverings specialist, Connection Retail, which operates through its Flooring Superstore, Direct Wood Flooring and Grass Direct brands.

Sheffield City Region Open For Business And Seeking Investors At International Property Conference

The Sheffield City Region (SCR) is set to showcase a number of fully investible schemes from its investment portfolio at MIPIM 2020, the world’s largest annual property conference, held in Cannes between 10th and 13th March.

North East Wealth Management experts announce partnership with Sport Newcastle to help support ‘Olympic...

Newcastle upon Tyne based wealth management experts, Tier One Capital, have announced a partnership deal with Sport Newcastle which will support the dreams and...

Hortor director to deliver client growth strategy

Hortor, the global strategic resourcing consultancy with its UK headquarters in Yorkshire, has announced the appointment of Gill Robinson as Client Services Director. Supporting the...

Tax expert warns of capital gains tax changes for house sales

Lee Watson, tax director at Clive Owen LLP, is warning homeowners not to overlook the impending changes to capital gains tax reporting, which means...

Developers announced for 108 new Redcar homes

Beyond Housing and Vistry Partnerships North East have partnered to deliver a large housing project in Redcar. The new scheme on Kirkleatham Lane in Redcar...

Salford accountancy firm is fastest practice in Manchester to reach Xero Platinum Status

Salford accountancy firm, Quay Accountants, has received platinum partner status with Xero. They are the fastest practice in Manchester to have achieved this accolade,...

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