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News from the Finance and Investments sector.

HURST advises on multi-million pound family buyout at Farrat Isolevel

An engineering company has undergone a third generation family buyout in a multi-million pound deal. Chief executive Oliver Farrell, whose grandfather founded Farrat Isolevel, has acquired a majority stake in the Altrincham-based business.

Top insurance industry execs appointed as directors of Healthy Investment

NEST mastermind and former Esure executive take seats on board of historic provider of ethical investments.

Active calls for action at the Financial Conduct Authority

The Financial Conduct Authority (FCA) must do more to protect consumers and give them choice, according to Karl Pemberton, managing director at Active Chartered Financial Planners.

Inquesta spearheads one-stop shop to help companies survive the Covid-19 pandemic

Insolvency practice Inquesta has joined forces with a range of specialist professionals to create a one-stop shop to enable struggling companies to survive the Covid-19 pandemic. The initiative is focused on intervening at an early stage.

Accounting firm HURST scores a winner with Classic Football Shirts

A vintage football shirts retailer has moved to new headquarters to accommodate its growth, with sales on track to rise by 25 per cent this year and staff numbers increasing.

R3 responds to September insolvency statistics

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

Cascade’s Dr Emma Black Named Start Up Entrepreneur of The Year

The Great British Entrepreneur Awards 2020 has named Dr Emma Black of Cascade Cash Management as it’s North East Start Up Entrepreneur of the...

Tier One Capital agrees partnership deal with fund management specialists Liontrust

Newcastle-based wealth management and property lending experts, Tier One Capital has established a new partnership with London-headquartered specialist fund management company Liontrust. Tier One Capital,...

The Venmore Group Appoints Mark Russell as New Chief Executive Officer

The North West’s largest group of independent estate agents, The Venmore Group, has appointed current Head of Estate Agency for Venmores, Mark Russell as new Chief Executive Officer.

Digital pioneers secure £250k NPIF funding for construction industry ‘game changer’

Two construction experts who aim to revolutionise the industry through the use of digital technology have raised £250,000 to bring their smart building software to market.

Education Entrepreneur Secures £40,000 Innovate UK Grant

A North East entrepreneur has successfully secured a £40,000 Innovate UK grant to grow his on-demand learning and teaching marketplace, Tutorbloc, with the hope of making personalised support more accessible through a unique mobile-first application

Boss who battled Coronavirus raises £200k from NPIF to launch new products

A boss who overcame Coronavirus and went on to successfully steer his office supplies business through the lockdown has secured a £200,000 NPIF loan to support his growth plans.

Leeds city centre property transformed following acquisition

Communication specialist Bailie Group has completed the £1.3m transformation of the latest statement property added to its portfolio – Riverside House in the heart...

Government pre-pack administration announcement, R3 response

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

Property boss buys gold mine

A successful UK property business is diversifying into gold mining as uncertainty over economic and political stability drives up the price of one of...

Tier One Capital plans for growth with newly launched business development agency

Newcastle-based wealth management and property lending experts, Tier One Capital Ltd has partnered with recently launched digital business development agency, Wealth Provision, to help...

Active listening makes the difference for Anthony

Personal financial expert, Anthony Long FPFS, has joined Active Chartered Financial Planners, making an impressive total of nine Chartered staff working from their office in Stockton on Tees.

New owner for Hull-based Shipham Valves

One of the longest-established and best-known valve manufacturers in the world, established in Hull in 1798, is in the hands of a new owner. Finnish...

Acquisition of natural dog treats business creates major player in the sector

One of the UK’s leading suppliers of natural dog treats, Hollings Ltd, has been acquired by Assisi Pet Care Ltd as it pursues its...

New partner at YFM Equity Partners

Private equity firm YFM Equity Partners (YFM), which has offices in Leeds, Manchester, Birmingham and London, has promoted Mike Clarke to the partnership. Mike has...

Check your furlough claims advises Clive Owen LLP

Clive Owen LLP is advising local businesses to check their furlough claims for errors ahead of a Government crackdown on incorrect or fraudulent claims. Kevin...

Companies offered free support to help kickstart post-lockdown economy

Hundreds of innovative SMEs across the North are to be offered free business support packages to help them launch new products or services and adapt to the post-Covid world.

Management Buy-Out at leading North East Estate Agents

Dowen Estate Agents, which has a head office in Hartlepool and seven additional branches along with a bespoke Auction Department across the North East,...

CDS acquires Leeds-based SimpleUsability

SimpleUsability, a Yorkshire-headquartered behavioural research company which helps brands to understand the needs of their customers, has been acquired by CDS for an undisclosed...

Pension fund investment unlocks job opportunities and will get Britain building again.

The £5.3bn Teesside Pension Fund has invested £20m in GBB, a ground-breaking new bank with a mission to get ‘Britain and the regions building...

Cheshire chartered financial planners Clarion Wealth Planning is celebrating 35 years in business

Cheshire chartered financial planners Clarion Wealth Planning is celebrating 35 years in business. Alderley Edge-based Clarion, led by Ron Walker, a founder member of the...

The Importance of Budgeting and Forecasting in the Age of Coronavirus

Aaron Gilmore of TreyBridge Accountants explains why being able to effectively budget and forecast can mean the difference between a business surviving and thriving.

Belmayne holds free consultations to mark #FPWUK

Dronfield-based Belmayne Independent Chartered Financial Planners is launching a series of free virtual consultations to raise awareness of Financial Planning Week (October 5-11).

NS&I rate cut makes the case for with-profits funds, says Healthy Investment

Negative real interest rates mean savers could increasingly see the purchasing power of their cash deposits eroded by inflation.

Outplacement platform launched to support HR teams during redundancy programmes

Specialist technical staffing business Precision People has launched a new outplacement service to support HR teams managing redundancy programmes. myjob.coach is an online platform, which...

Begbies Traynor appointed as liquidators of Starfish Commercial

Joanne Hammond and Kris Wigfield of Begbies Traynor have been appointed as the joint liquidators of social housing developer Starfish Commercial Ltd after it...

Mercia launches new debt fund with up to £40m to invest

Regional lender Mercia continues its support of UK SMEs as it announces an additional commitment to its debt funds. Over the next five years, Mercia will provide up to £40million to support the growth of regional SMEs across the UK.

Start-Up Loan funding helps The Only Way is S66 cut through cashflow gap

A mother and daughter who invested their life savings in a bid to bring a touch of glamour to the residents of a South...

Fintech app fills gap in lenders’ client knowledge

A Yorkshire Fintech firm which helps accountants analyse their clients’ data is launching a new service to enable banks and financing firms make better lending decisions.

Gala Technology accelerate pay-by-link open banking through Nuapay

Nuapay is one of the only PISPs which offers a fully inclusive open banking payment initiation, webhook notification and payment account solution, which quickens checkouts, speed-up access to cash flow, reduces processing costs, and enables full ....

August personal and corporate insolvency statistics, R3 response

Corporate insolvencies fell to 778 in August 2020 compared to the previous month’s figure of 961 and are significantly lower than they were in...

Investment works completed at Farnell Land Rover Bradford

A £2.4 million investment at Farnell Land Rover Bradford has led to a full renovation at the retailer on King’s Road, off Canal Road. It...

Business owners urged to act now to avoid problems escalating when furlough scheme ends

Business owners in Yorkshire who are concerned about the fast-approaching end of the furlough scheme need to act quickly to give their company finances...

Glenbury Goes Virtual at Commerce House

A forward thinking, new financial solutions company has given itself the best start in its business journey by securing a prestigious TS1 postcode. Set up...

New website for financial advisers launched by Healthy Investment

New adviser website includes resources to help with compliance and suitability reports, as well as product literature.