The overall number of business in the North West has been growing at record levels during 2016, according to new research by the UK insolvency trade body R3. The figures …
Category Archives: Finance
Learning space firm receives VC investment
A fast-growing Southport company which produces futuristic learning spaces for schools and training centers has secured £150,000 funding from The North West Fund for Venture Capital, managed by Enterprise Ventures, …
SMEs and global industries ‘key to Manchester’s growth’
Driving the growth of SMEs, improving their productivity and developing ‘globally distinctive’ industries are key priorities for Manchester’s economy, according to the city council’s Chief Executive Sir Howard Bernstein. Addressing …
North West public watch the pennies – but don’t save for a pension!
Only around a third of North West adults (35%) are saving for retirement and less than a quarter (22%) do so on a monthly basis, according to new research by …
Charity insolvencies set to rise as sector faces ‘perfect storm’
The number of charities facing insolvency is likely to rise in the year ahead as the voluntary sector faces a ‘perfect storm’, a leading insolvency expert warns. Matt Dunham, a …
Could reinsurance be the next big crash?
The US$575bn reinsurance market could be heading for a banking-style collapse, according to the authors of a new book. Making a Market for Acts of God warns that changes in the way …
The inside story of the sub-prime crisis
The film The Big Short, starring Christian Bale and Brad Pitt, tells the story of the hedge fund managers who predicted the sub-prime crisis. In fact, the risks in the mortgage market were …
7 ways digital money will change the world
New, disruptive technology is about to transform the global economy. Digital money – which includes everything from Apple Pay to Bitcoin and contactless cards – is not just a more …
Business insolvencies at lowest for 25 years
Business insolvencies continued to fall in 2015 to reach their lowest level since 1989, according to Insolvency Service figures released today. They show that 14,629 companies became insolvent during the …