Today's North West business news from Insider |
| Business Matters: Predictions for I&L 2022 | Andrew Dickman, director at Tritax Symmetry, says never has the spotlight shone so brightly on the industrial and logistics sector as it has in the last 18 months. From the double blow of local lockdowns and disruption in the Suez Canal, to chronic material and labour shortages, not to even mention the lack of HGV drivers and Brexit; these have all become day to day challenges for those working in the industry.
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| Business Matters: Succession planning – family businesses | James Beresford, partner at BLM, says as we move in to 2022 many family business owners still having to spend their time working in their business rather than on their business; this is understandable given the current economic situation. However, planning for the future and succession planning are crucial for family business to thrive.
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| Business Matter: Funding is the key to growth | Jenny Roberts, from Growth Lending, says the economic turbulence of the past 18 months has created a unique environment for UK SMEs. For some, it has been a challenging time, with management teams needing to adapt quickly and pivot to new services and markets. For others, the pandemic presented an opportunity for growth, enabling firms to expand significantly, amass new clients and even execute ambitious acquisition strategies.
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| Administrators appointed to watch brand | Administrators have been appointed at a Liverpool-based watch brand which was launched in 2019 and retailed Swiss-made timepieces. The assets of the business have been acquired by a connected party who is committed to the brand and fulfilling orders.
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| Roundtable: Development Funding | There should be a steady stream of lenders and investors looking to fund construction and development of new projects in the region but it is, at best, a trickle. Insider gathered local authorities and property professionals for a roundtable debate on development funding and what needs to happen next to unlock the North West's potential.
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