Company News

INTERACTIVE INVESTOR CREATES MORE JOBS AS IT INCREASES HEADQUARTERS

Interactive Investor is creating jobs after signing a deal to increase its Manchester headquarters by 50%. The company, which was acquired by investment giant Abrdn for £1.5bn in 2022, has taken on a new floor at 201 Deansgate. The move means the business will now be spread across three floors at the five-storey building. Over […]

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CARBON CAPTURE SCOTLAND SECURES FUNDING DEAL FROM INTERNATIONAL INVESTOR

Dumfries and Galloway based Carbon Capture Scotland has secured a seven figure sum investment from Steyn Group to facilitate further growth in a deal managed by Scottish law firm Thorntons. Carbon Capture Scotland is the UK’s leading and most active net-zero carbon capture asset specialist, and already operates one of the UK’s largest dry ice

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BLACKFINCH INVESTS IN THE CONSTRUCTION OF LUXURY HOLIDAY LODGES

Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed a £2m development loan for a holiday resort in Lancashire. The 12-month deal will help to fund the future development of Twin Lakes, which has planning permission for 54 holiday lodges, several of which have now been completed and are already operational.

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EAST MIDLANDS RAILWAY WARNS OF REDUCED SERVICES ON MIDLAND MAINLINE

Passengers using Midland Mainline services over the coming month are being warned of changes to some routes due to engineering work. East Midlands Railway (EMR) said travellers should double check timetables between May 27 and June 11 – including the summer half-term, because of the significant impact of what it says will be essential engineering

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GREGGS REPORTS SALES RISE DESPITE ECONOMIC CHALLENGES

Greggs has reported a big rise in sales at the start of this year and said its value food was proving popular during the “challenging” economic times. The Newcastle-based food chain has released a trading update for the first 19 weeks of 2023 in which like-for-like sales rose 17.1% to £609m, though that rise was

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PILGRIM’S UK CLOSES MAJOR SITE PUTTING HUNDREDS OF JOBS AT RISK

Almost 550 jobs have been put at risk after Pilgrim’s UK revealed plans to close a major site. The company is proposing the closure of its Ashton-under-Lyne base as part of measures to “fully optimise its operational footprint across the UK and return to growth”. The business added that the plans form part of its

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HF BOLSTERS FLAGSHIP OFFICE WITH MULTIPLE NEW HIRES

Insurance and commercial legal adviser Horwich Farrelly (HF) has announced that it has strengthened its flagship office in Manchester with 21 new hires.  These new hires will be based in the Media City office, in the firm’s rapidly growing recoveries department. With this announcement, HF’s personnel in the specialist area total more than 100 people,

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EAST KILBRIDE FIRM LANDS TOP AWARD

An East Kilbride business is celebrating after scooping a prestigious local government award. GavHas Services, which provides first class property management for the social housing sector in Scotland, came out on top in the Workforce Development (SME) category at the Scotland Excel Supplier Excellence Awards in Glasgow. The firm supports tenants through the Scottish Welfare

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STUDIO RETAIL SUFFERED MAJOR LOSSES BEFORE BEING SAVED BY FRASERS GROUP

It has been revealed that Studio Retail made a loss of more than £75m in the year it was rescued by Mike Ashley’s Frasers Group out of administration. The Accrington-headquartered online retailer collapsed in February 2022 owing over £80 million to its creditors. Frasers Group, the owner of Sports Direct and House of Fraser, bought

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CARDINAL BECOMES BIGGEST EMPLOYEE OWNED COMPANY OF ITS KIND

A logistics giant has become the “biggest employee-owned company of its kind in the world” in a move which its CEO has hailed as “transformational”. Manchester-headquartered Cardinal Partnership has been formed out of Cardinal Global Logistics and Far Logistics. The business can trace its roots back to 1998 when it was founded in Eccles with

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