Home Finance & Investments

FINANCE AND INVESTMENTS BUSINESS NEWS

News from the Finance and Investments sector.

Poptop to begin global roll-out after raising further £440k

The events booking platform Poptop has raised a further £440,000 to pursue its global expansion plans. The funding comes from existing investors DSW Ventures...

PAM Group completes double acquisition

Preventative healthcare specialist PAM Group has completed a double acquisition as it continues its buy-and-build strategy. The Warrington-based group has bought 66Fit and Physio Supplies for an undisclosed sum from Whiteley Healthcare.

Yorkshire & Humber set to be global ‘smart city’ pioneers

A Leeds-based start-up is to lead a new government-backed project that will make Yorkshire and Humber a global pioneer in the field of smart cities.

Manchester manufacturer expands into Italy with £6.1 million acquisition

The Vita Group, the UK’s leading providers of polyurethane foam, has underlined its commitment to further international expansion with the acquisition of Italian foam manufacturer I.M.P.E. S.p.A., a wholly owned subsidiary of Natuzzi based in Naples.

State-of-the-art internet connectivity arrives at Thorp Arch Estate giving a boost to rural businesses

Rural business park, Thorp Arch Estate, near Wetherby, is marking a significant milestone in its 60-year history as it celebrates the installation of full fibre internet, directly into business premises based on the park.

Investment by Yorkshire-based YFM enables consumer insight business to scale-up

Fast-growing consumer insights business Vypr plans to strengthen its sales and marketing operations as it invests in its team and expands into new sectors...

Mark Thompson Transport expands with new offices and warehouse

A transport and logistics firm has embarked on its next stage of expansion after taking 110,000 sq ft of new office and warehouse space.

Sambro International secures new £13m funding package from Barclays Bank

Leading toy manufacturer and distributor Sambro International Ltd is assessing growth opportunities after securing a £13m funding package with Barclays Bank. The Manchester-based business, achieved...

City & Capital Group targets significant growth with shake-up of industry norms and key...

The City & Capital Group is preparing for significant growth in 2021, following the launch of a fixed fee recruitment proposition for financial planning...

Belmayne extols achievements of learners

Dronfield-based Belmayne Independent Chartered Financial Planners is celebrating the achievements of a trio of rising stars who are forging careers in financial services.

Employees reminded not to forget working from home and other tax relief

As the Tax Return deadline approaches, it may be useful to consider whether employees are still missing out on tax refunds and reliefs. These...

Scarborough named local authority with the highest personal insolvencies in England and Wales

The latest annual personal insolvency statistics for 2019, recently released by the Insolvency Service, show that even before the financial effects of COVID-19 hit...

Greaves West & Ayre announces two partner promotions

Greaves West & Ayre (GWA), one of the region’s leading accountancy firms, is pleased to announce that two Associates, Carol Lindsay and Stuart Millar, are to become partners from 1 January 2021.

Is Your Accountant a History Teacher or a Pathfinder?

Being prepared for the expected and unexpected alike is key to the survival and continual growth of any type of business, regardless of its size and sector.

Clive Owen LLP provides tax tips for 2021

As we near the end of 2020 and with finances stretched, Lee Watson, tax director at Clive Owen LLP, asks whether it is time...

North East Ed-Tech specialist eQS completes MBO with £20M investment

North East-headquartered eQuality Solutions (eQS) is embarking on a major growth strategy, having completed a management buy-out (MBO) of the business led by CEO...

Recoup Capital claim £10m R&D tax rebates for UK businesses

A Manchester-based research and development (R&D) tax specialist firm has claimed back £10 million in R&D tax rebates for UK businesses in its first...

Equity Release Supermarket make three new key hires

Equity Release Supermarket (ERS) continue to bolster their industry presence with the addition of three new appointments this month. Andrew O’Connor, John Spink and Sara...

Rapid rise in customers for ethical lender during pandemic

CREDIT lenders Smarterbuys Store has seen a rapid rise in new customers this year and a 235 percent increase in loan applications since the UK’s Coronavirus outbreak was announced in March.

Government support continues to keep firms afloat, says R3

With insolvencies remaining well below pre-pandemic levels, it is clear that Government support is continuing to keep many companies afloat, says the insolvency and restructuring trade bod

Learning From World Leaders for 2021

Andrew Marsh, Vistage chair, business owner, non executive board member and chair of a number of charitable boards has been influential in keeping positivity...

Corporate and individual insolvency on the rise in November

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...

Award winning entrepreneur joins board of directors at Hortor

Grant Nicholson, founder and CEO of Planet-U Energy based in Yorkshire, has been appointed to the board of directors at Hortor, the global strategic...

trufe. Strike Partnership with Leeds United to Help Fans Save

Independent mortgage and commercial funding broker, trufe. has announced a multi-year agreement to become an official Leeds United Business Club partner in a move that aims to help fans save on their mortgages.

YFM supports growth of award-winning global commodity broker with £3.75m investment

YFM Equity Partners (YFM) has made a £3.75m investment into ARRACO Global Markets (ARRACO), the award-winning and disruptive interdealer broker for global commodities, from...

Experienced banker joins Finance For Enterprise

Finance For Enterprise has strengthened its team of lending specialists after appointing experienced banker John Barnes to its growing team of Investment Managers. The appointment...

North East England property investment fund announces £3.8m deal for new development in Glasgow

Leading North East England property lending fund TOC Property Backed Lending Trust PLC (PBLT) has announced the completion of a £3.8 million transaction, providing...

The Experience Bank Group Applaud New Partnership Set to Bring New Investment to Region

The Experience Bank Group is pleased to share the news that one of its members, Jonathan Gold, has partnered with WH Ireland to bring...

2Pure Products ready to enter new markets with technologically advanced Coronavirus-killing cleaning product

Cleaning and odour removal product manufacturer, 2Pure Products has embarked upon a large-scale expansion programme of its technologically advanced commercial cleaning products, specifically its...

Student members get helping hand from Healthy Investment

Friendly society awards 2020 round of grants to help younger members with higher education course materials

R3 responds to ban on statutory demands and winding up petitions

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...

6B Sets its Sights on Success with £11,000 from the LEP’s #Grow Grant

6B, the development agency based in West Yorkshire, has secured £11,000 from Leeds City Region Enterprise Partnership, the LEP’s Digital Investment Fund, #Grow, which will be used to support its ongoing expansion.

Houghton-Le-Spring precision engineering company acquired by Mike Styan

Commercial operations and engineering specialist Mike Styan has acquired Houghton-le-Spring based KASL Precision Engineering following the retirement of its previous owner Lawrence Riley. KASL provides...

Vertu Motors becomes largest motor retailer in North East with BMW and Mini acquisition

Vertu Motors plc has become the largest motor retailer in the North East, with the £28million acquisition of 12 BMW and MINI sales outlets...

Exceptional run of client wins generates five new roles at HURST

Accounting and business advisory firm HURST has created five roles following a raft of new client wins. HURST has added staff to its corporate finance, marketing and outsourced payroll teams as well as recruiting two graduates.

Cardboard box manufacturer invests in Riverside compactor

Greyhound Box Ltd has invested in a waste compactor from Riverside Waste Machinery, as the packaging company prepares for 5% growth over the next...

RGCF continues to grow its corporate finance team with the addition of rising star

RG Corporate Finance (RGCF) has announced the appointment of rising star Tom Cosby to further grow its successful Newcastle-based corporate finance advisory team. The firm...

MBO and new name at Leeds-based specialist finance recruiter

The management team at Leeds-based turnaround and finance recruitment advisers Woodrow Mercer Finance has acquired 100% of the equity in the firm. Managing Partner...

Manchester agency targeting Northern Powerhouse 2nd cities

Why are international investors  now looking at the UK’s second tier cities for guaranteed returns? We caught up with Richard Peck, Managing Director at...

North East business leaders offer verdict on Rishi Sunak’s spending review

The spending statement issued by chancellor Rishi Sunak held few surprises but its commitment to invest in homes, infrastructure and the green economy has...

FINANCE & INVESTMENTS NEWS