Today's Northern Powerhouse business news from Insider |
A South Korean manufacturer is set to establish a production facility for a key wind turbine component on the South Bank of the Humber, potentially creating about 400 jobs.
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News from the Northern Powerhouse | A Sheffield-based company which has developed smart sensing technology to help industry to reduce costs has raised £1.1m from NPIF – Mercia Equity Finance to take on new staff and invest in product development.
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Plans to build the UK's largest arena at Manchester's Etihad Campus, in a move which would support 4,500 jobs, look set to move forward next week.
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Major proposals for the redevelopment of the former Kellogg's site in Stretford – which include hundreds of homes, a hotel, commercial space and more – look set to advance. If approval is granted, thousands of jobs could be supported.
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The results of The Hut Group's (THG) bookbuilding process are a "clear validation" of the company's business model and growth prospects, according to its founder and chief executive, with the ecommerce giant securing a marketing capitalisation of £5.4bn.
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Plans have been revealed to transform a significant historic building in Sheffield to create a hub for independent businesses, local makers, festivals and unique cultural events, with the potential to attract 221,000 visitors and support thousands of jobs.
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A South Yorkshire mechanical and electrical engineering business has secured six-figure funding from NPIF – FW Capital Debt Finance, which is part of the Northern Powerhouse Investment Fund.
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Modular construction business Integra Buildings has unveiled plans for a major expansion of its East Yorkshire base.
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Teesside International Airport has revealed its first routes for the 2021 summer season, including a service that will be flying from the site for the first time.
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A Middlesbrough-based engineering services firm has received a six-figure CBILS-backed loan from NPIF – FW Capital Debt Finance, which is part of the Northern Powerhouse Investment Fund. The business hopes that the funding will safeguard more than 100 jobs.
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A new vision for how Warrington and Cheshire can recover from the Covid-19 pandemic and develop a fairer, greener economy that provides lasting benefits has been revealed.
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Powerhouse Perspective | In the latest instalment of Insider's Q&A series on the Northern Powerhouse, Alex Wilkinson, chief operating officer at Solutionize Global, outlines what the initiative means to him, the need to maintain momentum, and what can be done to ensure tech investment and economic growth matches that of the South.
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