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News from the Finance and Investments sector.

£200,000 NPIF loan set to help software company meet growing global demand

A Yorkshire software provider helping distribution and wholesale companies to adapt to doing business online during the pandemic is set to expand its overseas client base with the help of a £200,000 loan.

Lucion Services accelerates growth with acquisition of Delta-Simons

Lucion Services, the leading environmental services group backed by Palatine Private Equity, today announces the acquisition of multi-disciplinary environmental consultancy Delta-Simons Environmental Consultants Ltd. The...

New Marrtree development set to create 100 new jobs in York

Harrogate-based Marrtree Investments has acquired the 2.4-acre site of the former B&M store at Clifton Moor in York, which was destroyed by a fire...

Darlington and York accountancy firm invests in lockdown wellbeing for staff

Clive Owen LLP, which has offices in Darlington, Durham, and York, has implemented a wellbeing programme to support its staff during lockdown and ensure...

The Vita Group aims for 50% of products to have sustainable alternatives by 2030

The Vita Group, Europe’s leading flexible foam solutions provider, has launched a bold new sustainability strategy laying down the group’s aspirations and objectives across...

COVID-19 insolvency measures extension, R3 response

Insolvency and restructuring trade body R3 is urging directors of COVID-hit businesses to make the most of the time granted by the Government’s extension...

Leeds-based Every sees record growth through £1m business investment and doubling staff

Yorkshire-headquartered tech firm Every has recorded its highest performing year to date – investing a seven-figure sum across the business, doubling its workforce to...

Kate Garraway’s story raises awareness of the need to put in place Lasting Power...

Kate Garraway’s heart-breaking story of her husband Derek’s year-long battle with COVID-19 has been made even more complicated by the lack of legal protection...

Second Acquisition During Pandemic for Successful Yorkshire Candle and Soap Making Manufacturers Set to...

A Yorkshire-based business, Supplies for Candles LTD, that have been the lifeline for hundreds of other small businesses throughout the pandemic, is celebrating further...

New pre-pack rules ‘miss the mark’, says R3 North West

New legislation on pre-pack administrations which has been approved by Parliament today may have ‘missed the mark’, according to a leading North West insolvency practitioner.

Retirement for one of regions best known Accountants

A partners at one of the region's oldest accountancy firms is retiring.

Homes by Esh Announce New Partnership with Darlington Building Society

Homes by Esh has announced a partnership with Darlington Building Society to launch a new mortgage product exclusively for customers purchasing a Homes by...

iMist appoints ex-Kier CEO as chair following PE investment

Haydn Mursell, the former CEO of Kier Group, has been appointed as chair of fast-growing Hull-based water mist fire suppression business iMist following a...

Bradford-based The Label Makers acquired by Spanish printing group

The Label Makers, a specialist label manufacturer based in Bradford, UK, has been sold to Spanish printing group Printeos. Founded by John Webster in 1963,...

Materials Processing Institute announces partnership with NorthEast Capital to support emerging science and engineering-led...

The Materials Processing Institute has announced a partnership with technology investment fund manager NorthEast Capital to support the growth of the region’s technology underpinned...

R3, the UK’s insolvency and restructuring trade body – Media statement

February 2021 corporate and individual insolvency statistics – R3 response • Corporate insolvencies fell by 9% to 686 in February 2021 compared to January’s...

Firms urged to plan for long-term survival as insolvencies fall

With company insolvencies having fallen to their lowest level in two years due to high levels of government support, a North West insolvency expert is urging businesses to create a survival plan for when support measures come to an end.

Tax specialist Sarah Haley rejoins accounting firm HURST

Tax specialist Sarah Haley has re-joined accounting and business advisory firm HURST as a manager from a Big Four firm. Sarah began her career at HURST in 2006 as a graduate trainee.

Fast-growing pet care business acquires Town & Country Petfoods

Assisi Pet Care Ltd, the company behind Hollings, one of the UK’s leading suppliers of natural dog treats, has acquired family-owned Town & Country...

Thirty new jobs and £4m Leeds HQ as auto-engineer expands

SM UK, an auto-engineering firm that specialises in the installation of safety systems for commercial vehicles, is investing £4m in a new 35,000 sq...

When and Why Do I Need to Register for VAT?

Value added tax, or VAT, can be both an annoyance and a benefit. The difference depends on whether your business and your clients are VAT registered, as the additional 20% can sometimes be off-putting when choosing a supplier.

Recruitment firm to tackle youth unemployment with 124 paid-for candidates

With levels of youth unemployment at their highest since 2016, Offploy – an organisation which offers jobseeker support to socially-excluded people – is urging...

British people aren’t ready for cashless society, research claims

Over half (54%) of British people admit to avoiding cash to pay for goods and services but – as high streets continue to push...

MBO for Settle paper packaging business

Long established Settle-based business John Roberts Holdings has completed a Management Buyout (MBO) for an undisclosed sum, supported by a team of Yorkshire advisers...

Corporate finance specialist Ben Bradley promoted at HURST

A corporate finance specialist at north west accounting and business advisory firm HURST has been promoted to associate partner. Ben Bradley joined HURST as a graduate trainee in September 2011 following a 12-month university placement.

Think Hire announces a new collaboration with EV3 Power to provide genuinely green plant...

Leading UK plant hire company, Think Hire, are pleased to announce a major collaboration with environmental energy providers EV3 Power. The partnership will allow construction sites to access fully environmentally friendly plant

Continued growth for NSS as it bolsters senior team

BGF-backed specialist services provider - NSS - has reported a 20% increase in revenues following a series of significant contract wins across the facilities...

B-Compliant expands consultancy team

Manchester-based B-Compliant is strengthening its team of financial specialists with the appointment of two compliance consultants with more than 50 years’ combined experience.

CBILS backing helps Notts business deliver 28 million PPE items to support frontline workers...

A Nottinghamshire-based creative agency, which drew on its international export expertise to keep the nation safe during the COVID-19 pandemic, has successfully delivered more...

Was The Budget A Blockbuster For Business?

Now the dust has settled, was it a ‘Budget Bonanza’ or a ‘Budget Buster’ for UK businesses?

YFM’s £14m VCT fundraising fully subscribed in just four weeks

Having opened its two managed Venture Capital Trusts (VCTs) for non-prospectus top-up offers in early February, YFM Equity Partners (YFM) has announced that they...

R3 responds to the Budget

Eleanor Temple, chair of insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in, responds to the Chancellor’s Budget...

3D print company set to become a global market leader after raising a further...

A UK company which is on course to become a world leader in the 3D printing industry has raised a further £2.5m after announcing a partnership with a global industry player.

Hundreds of jobs saved as Yorkshire-based Fazenda restaurant chain bought out of administration

Julian Pitts and Bob Maxwell of Begbies Traynor in Leeds were appointed joint administrators of City District Limited, which trades as the Fazenda Rodizio...

Skipton care homes supplier acquired by Bunzl

A North Yorkshire business that has been supplying the care home sector for over 20 years has been acquired by Bunzl plc, a FTSE...

“Maximise ISA investments now to beat future Capital Gains Tax rises” says Healthy Investment

Although today's Budget did not hike Capital Gains Tax, there could be an increase on the horizon. Peter Green of Healthy Investment recommends maximising the use of ISAs to help mitigate any future CGT rises.

Directors ‘closing dormant firms before Budget deadline’

Directors are taking the opportunity to close down dormant companies and distribute capital to shareholders amidst rumours the Chancellor is planning to change the rules on tax relief in the Budget.

North West towns and cities pray for end of lockdown as footfall plummets

Boris Johnson’s plans to open up the economy cannot come soon for traders in the North West’s towns and cities, according to new figures which show footfall amongst the lowest levels since the start of the pandemic.

Newcells Biotech secures over £5m for 3D tissue models

Newcells Biotech have received multimillion pound investment to develop their pioneering 3D tissue models

Newcastle based Changfa Capital launches new share-matching service

Innovative crowdfunding platform to unlock Chinese capital market opportunities

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