Ashley Finance pays out £75m to SMEs feeling the squeeze
Ashley Business Finance, which provides finance products for small firms, paid out £75m to over 900 different businesses throughout England and Wales in 2014 – its highest ever amount to …
Acquisition of hotplate firm set to create new jobs
A Lancashire company which is the world’s leading manufacturer of hotplates for the food industry has been acquired for a seven-figure sum, in a deal backed by Lancashire’s County Council’s …
Company administrations at lowest in a decade
The number of companies placed into administration last year was the lowest in a decade, according to the official insolvency figures released today. The figures from the Insolvency Service show …
IVAs hit record high
The number of Individual Voluntary Arrangements (IVAs) taken out by people with debt problems increased in 2014 for a second year running to reach record levels, according to the official …
myday software creators secure further £250k
A software company which has developed a new system to help universities, colleges and schools engage with their learners has received a £250,000 investment from The North West Fund to …
Steven and Laura to lead New Professionals Group
Steven Henderson has taken over as chair of the R3 North West New Professionals Group. He replaces Katie Norman of Gateley LLP, who has led the group since its inception …
Full steam ahead as family completes buy-out
The businessman who founded the UK’s only manufacturer of steam cleaning machines has completed a buy-out of the company with funding from Lancashire County Council’s Rosebud Finance. The deal has …
Another record year for Enterprise Ventures with 220 deals completed
Enterprise Ventures, which provides finance for SMEs, enjoyed another record year in 2014, completing 220 deals with a combined value of £30m. It brings the total invested by the company …
Growth at year high in the North
Levels of business growth are at their highest in a year for businesses in the North with more than two-thirds (77%) reporting at least one indicator of growth, according to …