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North West
Insider News
Tuesday 26 October 2021

LATEST NEWS

 

TOP STORY

Group revenues at Manchester-headquartered THG have surged in its latest quarter, with the chief executive hailing a "strong trading performance". The business, which had been hit by a falling share price in recent weeks, also said it had started the process of appointing an independent non-executive chair, in preparation to step up to a Premium listing. 
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INSIDER FEATURE

Black Friday 2021 is just a month away: how can businesses steer clear of any advertising mishaps this year? James Corlett, partner at Beyond Corporate, explains.
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DEALS

Manchester-based companies ANS and UKFast have announced they are to merge. It follows the acquisition of ANS by Inflexion Private Equity in June 2021.
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A former Dealmaker of the Year is among the new senior hires made by EY in its corporate finance team in the North of England.
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The Praetura Group has announced that Kingsway Finance has been accredited as a new lender for the Recovery Loan Scheme (RLS) by the British Business Bank.
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The £7.1bn takeover of Morrisons by US private equity firm Clayton, Dubilier & Rice (CD&R) is set to complete tomorrow after it was sanctioned by the High Court.
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INSIDER FEATURE

Clare Durkin, partner at BLM, says you will often see statistics about how many businesses fail within their first year, or some variation on that theme. However you don’t hear quite as much about the risks and pitfalls of buying a business and the period of time thereafter, which can be just as stressful and uncertain an experience.
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John Carroll is head of international and transactional banking at Santander UK. In this blog, John shares his views on the obstacles facing UK businesses as they bounce back from the pandemic – and how to overcome them.
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PROPERTY

A shopping centre in Liverpool which is also home to one of the city's most iconic buildings has been acquired in what has been described as an "exciting opportunity". 
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Industrial developer Chancerygate has been granted planning permission to build phase two of its £33m, 207,000 sq ft Novus business park in Knutsford.
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A £40m Liverpool city centre scheme to build 258 apartments has taken a major step forward. Hughes House will be demolished to make way for the development after it was sold to The Bank of Montreal's UK Housing Fund. 
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A landmark office building in Liverpool, known locally as "The Sandcastle" could be listed on the International Property Securities Exchange (IPSX).
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Tapas Revolution is set to launch in Liverpool after acquiring the Queen Square La Tasca site.
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INSIDER FEATURE

Ryan Sorby from BOOST&Co says as an organisation built on the knowledge and experience of individuals from across the financial sector – including high-street banks – BOOST&Co understands better than most the value that these institutions bring to the UK economy.
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How has asset-based lending (ABL) enabled businesses in the region to grow during a time of such unparalleled challenges and change? Joe Taviner, director, business development (North West Region) at Arbuthnot Commercial Asset Based Lending (ACABL) shares his insights.
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BUSINESS

Accrington-based Studio Retail Group has reported strong sales for the first half of its financial year but warned that the outlook remained "uncertain" due to continuing headwinds in the market.
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Yourgene Health, a listed molecular diagnostics group, has reported strong revenue growth in the first half of its financial year. Revenues from the company's Genomic Services division climbed by 260 per cent, driven by Covid-19 testing.
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Bolton-headquartered online electricals retailer AO has announced a new commercial partnership with a membership organisation for private landlords.
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RVA Surveyors has launched an 'Affiliate Program' to meet growing demand from companies seeking to reduce their business rates. 
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The administrator of Bury FC has said securing the future of football at the former League One club is a step closer after agreeing heads of terms with an association of supporters’ groups.
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INSIDER FEATURE

It’s been an unusual two years with the majority of businesses searching new avenues for funding. Our roundtable asked how the funding landscape was being affected by supply chain, distribution, recruitment, and inflationary headwinds.
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OTHER NEWS

 

MEMBER NEWS

 

Custodian REIT, the UK property investment company, has announced the disposal of a property from its portfolio.
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Plans for a new development at a motocross and go-karting site in Preston have been recommended for approval.
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UPCOMING EVENTS

 

SERVICES & GUIDES

 

A comprehensive guide to investing in the region’s authorities, with facts, figures, statistics and key contacts.
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Find an adviser to help you buy, sell or invest in a business.
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