Today's Northern Powerhouse business news from Insider |
The managing director and founder of the AES Engineering Ltd group has spoken to Insider about the company's growth plans and its environmental initiatives following its latest Queen's Award win.
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Sean Hutchinson, senior investment manager at British Business Bank, says it's a well-known fact that investment can have a significant impact on a business – from productivity improvements and innovation to digital transformation and expansion. The positive impact of business growth on the wider community is a less obvious benefit of investment – but one that's equally as important.
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News from the Northern Powerhouse | Newcastle-headquartered Tait Walker has been snapped up by a national accountancy and business advisory firm in its third UK acquisition in four months.
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A multinational insurance company has agreed a deal to relocate its customer services team to the first of two Legal & General-backed office developments in Riverside Sunderland.
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EY's North Strategy and Transactions teams worked on seven completed deals worth almost £500m in the first quarter of 2022, despite economic uncertainties and inflationary pressures.
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Manchester-based Great Places Housing Group has secured a £100m funding deal which will support its plans to bring forward 11,000 affordable homes by 2030.
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Team Humber Marine Alliance and Grimsby Renewables Partnership have merged, in a move that will create a "hugely influential" marine and offshore wind group in the region.
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Investor, developer and asset manager Mirastar has committed to a multimillion-pound funding agreement to help bring forward 285,000 sq ft of industrial and warehousing space in a prominent South Yorkshire location.
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Professional services business KPMG UK has signed an agreement to form a new partnership with venture capital (VC) advisory firm Acceleris. The pair will provide fundraising and advisory services to entrepreneurs in the UK and internationally, with a particular focus on businesses in technology, life sciences and ESG-related sectors.
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Plans to create a lithium hydroxide processing facility at Teesworks, which could represent about 15 per cent of Europe's projected demand, have reached a "major milestone."
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SOG Group has said it is now in discussions with global investment and real estate organisations as the company seeks to raise the funds required to realise the 'Heath Park' vision for the site in Runcorn.
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Shareholders of listed landscape products specialist Marshalls have backed the £535m acquisition of Marley Group, a manufacturer and supplier of pitched roof systems.
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Javed Huq from GP Bullhound, says he last wrote a piece on the software sector in September 2021 when public markets were buoyant after a brief decline in Q2 – there was continued optimism with respect to Covid-19, as the global vaccination programme was showing its efficacy and record amounts of private funding was flowing into software companies from what seemed like an endless pool of capital.
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Powerhouse Perspective | In the latest instalment of Insider's Q&A series on the Northern Powerhouse, Matthew Pomroy, investment director at Foresight Group, discusses what the initiative means to him, the importance of empowering SMEs post-Covid and a need for improvement in collaboration between cities within the region.
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