R3, the trade body for insolvency professionals, has appointed Richard Wolff as its new chair in the North West. Richard, who is Head of Corporate Recovery and Insolvency at JMW …
Category Archives: Finance
Big fall in zombie businesses as firms negotiate with creditors
The number of ‘zombie businesses’ in the North of England has fallen to under 3,000 from a peak of 24,500 in November 2012, according to research by R3, the insolvency …
Katie to lead R3 new professionals group
A new group aims to bring together young professionals working in the insolvency sector in the North West. The R3 North West New Professionals Group will organise regular social events …
3D print firm in pioneering NHS project wins £860k backing
A Burnley company which is pioneering the use of 3D printing to produce made-to-measure insoles for the NHS has secured a £860,000 investment from The North West Fund for Venture …
Rosebud backs Soccer Manager game
Four computer games fans who set up their own online football game have secured a six-figure finance package from the Lancashire Rosebud Fund. Soccer Manager was launched in 2005 by …
1 in 3 North West businesses grew in 2013
2013 was a year of continuous growth for one in three North West businesses and they plan to continue their expansion in the year ahead, according to research by the …
Debt worries on the increase in the North West, says R3
Despite the improving economy, the proportion of North West adults who say they are worried about debts has increased from 46% in February to 54% – with the rising cost …
Marketing services firm in £3.8m MBO
Granby Marketing Services, a leading response and fulfilment company, has completed a £3.8m management buyout, backed by Enterprise Ventures and NatWest. The deal will see Joanne Varey, managing director, become …
Profession services sector turning a corner, says R3
The fortunes of professional services businesses in the North West are turning a corner, according to new research by R3, the insolvency trade body. 77 per cent of professional services …