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News for: Finance

Alistair Cartwright receives the Paraplanner Team of the Year award from Mollie Thornton

June 20, 2022

National award for Alderley Edge paraplanning team

Colleagues at Alderley Edge based Clarion Wealth Planning are celebrating after its paraplanning team won a national accolade at the Professional Paraplanner Awards 2022. Clarion took home the Paraplanner Team of the Year honour at the awards, which took place in-person in London for the first … [Read more...]

Latest updates to Covid-19 financial support for jobs and businesses

June 10, 2022

A fifth of North-west businesses held back by lack of growth funding awareness

Despite high business confidence, nearly a fifth of SMEs in the North-west report they are unaware of growth funding options available to them, according to new research from asset manager and growth capital provider, BOOST&Co. In its 2022 Geared for Growth report, BOOST&Co … [Read more...]

Alderley Park is a leading centre of innovation in the North West

May 19, 2022

Alderley Park biotechnology company plans £30 million share placing

Alderley Park based biotechnology company, Redx Pharma, plans to raise £30 million with a share placing. The business is proposing a placing to institutional investors of new ordinary shares at a price of 59 pence per placing share.  The placing shares are being offered through an accelerated … [Read more...]

Macclesfield car finance company creates 80 new roles

May 13, 2022

Car finance marketplace becomes B Corp Certified

Macclesfield and Manchester based car finance marketplace, Zuto, has announced it has become a certified B Corp, recognising the business' efforts to be a 'force for good.' Zuto joins over 4,000 Certified B Corporations around the world, including sustainable clothing label, Patagonia, and … [Read more...]

Bank of England base rate rises to 0.75%

May 6, 2022

Bank of England raises interest rates to highest level since 2009

The Bank of England has announced a further increase in its base interest rates and issued a stark warning on the UK economy in the near-future. Interest rates have increased by a further 0.25 percentage points to 1%, the highest level since 2009 at the height of the global financial crisis. The … [Read more...]

Increased Employment Allowance comes into effect

April 27, 2022

New authority announced to protect government money from fraud

The creation of a new 'fraud squad' is to be announced later today (27th April), tasked with protecting government funds from fraud and recovering money lost through misuse of Covid-19 support schemes. The Public Sector Fraud Authority is expected to launch in July, recruiting data analytics … [Read more...]

Handforth financial planners raise £21,000 with charity cycle across Portugal

April 22, 2022

Handforth financial planners raise £21,000 with charity cycle across Portugal

Three colleagues for Handforth based Equilibrium Financial Planning have completed a 456-mile charity cycle challenge across Portugal. Financial planners Andrew Hirst, Jason Lowe and Dave McKendrick spent six days cycling from Chaves in the country’s north to Faro in the south, reaching … [Read more...]

CPI rises 7% as inflation climbs higher

April 13, 2022

Rising fuel costs saw inflation reach 7% in March

The latest Consumer Price Index (CPI) data released by the Office of National Statistics (ONS) saw inflation reach 7% in March, driven by rising transport and energy costs. The latest ONS figures reveal inflation to be at its highest recorded level since the measure was included in the National … [Read more...]

Cheshire businesses invited to online workshop to help win public sector contracts

April 13, 2022

UK Shared Prosperity Fund announced to match previous EU schemes

The government has announced the launch of a new UK Shared Prosperity Fund that will match previous EU funding schemes in all Local Enterprise Partnership (LEP) areas across the UK. The scheme is set to deliver £2.6 billion between 2022 and 2025, delivering £1.5 billion in 2024/25 and matching … [Read more...]

Increased Employment Allowance comes into effect

April 7, 2022

Increased Employment Allowance comes into effect

A £1,000 increase in the Employment Allowance, the amount smaller firms can claim to reduce National Insurance Contributions (NICs), has come into effect from 6th April. The Employment Allowance has risen from £4,000 to £5,000, as announced in the Chancellor’s Spring Statement. The increase is … [Read more...]

6000 jobs created thanks to five years of NPIF investment

April 6, 2022

6000 jobs created thanks to five years of NPIF investment

The Northern Powerhouse Investment Fund (NPIF) has supported the creation of over 6000 new, high-quality jobs across Northern England, new research by SQW has found. Backed by the European Regional Development Fund (ERDF) and managed by the British Business Bank, the fund launched in 2017 with … [Read more...]

Making Tax Digital for VAT

March 30, 2022

Making Tax Digital for VAT becomes mandatory in less than one week

HMRC is warning VAT-registered businesses that Making Tax Digital (MTD) for VAT becomes mandatory from 1st April. Businesses have less than one week left to ensure they are using compatible software to submit VAT returns, when online submissions become mandatory. Making Tax Digital is part of the … [Read more...]

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