Finance News

Michael Bradbury (left) and Iain Marlow will head up the new practice
Canada’s Ardenton Capital expands into UK with Manchester opening

Richard Bell

Private equity firm Ardenton Capital has set its sights on the UK midmarket with the launch of an office in Manchester. The Canada-headquartered company, which invests with a long-term focus and…

Image: Michael Colvin - Wikimedia Commons
Dow Schofield Watts sees deal values triple

Richard Bell

Advisory firm Dow Schofield Watts achieved its best year to date in 2016 after seeing its deal values triple. During the last 12 months, the Daresbury-based firm advised on 42 deals…

OakNorth Bank’s new Director of Credit, who joins Georgy Naydenov and Stuart Blair.
OakNorth continues post-Brexit surge with string of new hires

Billy Wood

OakNorth, the challenger bank targeted at entrepreneurs, has welcomed in 2017 with a string of new hires after robust performance following the EU referendum saw its loan book break through…

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£16bn foreign investment confirms Britain is open for business, says Fox

Jamie Hardesty

The Department for International Trade has generated over £16bn in foreign investment since its launch in July last year. Key sectors including property development, infrastructure and renewable energy have been key…

Oakwood Specialist Cars
Barclays funding fuels ownership dream at Whitley Bay car dealership

Jamie Hardesty

Oakwood Specialist Cars in Whitley Bay has purchased its own premises, following backing from Barclays.   The RAC approved dealership, established in 2005, specialises in sports cars, performance diesels and 4X4s…

British Business Bank is set to expand its lending efforts on Funding Circle.
British Business Bank provides £40m extension to Funding Circle lending

Billy Wood

The government-backed investment firm, British Business Bank, has announced an eight-figure expansion to its lending efforts on direct lending platform Funding Circle. Following on from the £60m that the British Business…

Riverbank House, Man Group’s HQ in London. Image: Robert Lamb / Geograph
Man Group completes property investment manager acquisition worth up to $205m

Billy Wood

London-based hedge fund Man Group has announced it has completed the acquisition of international investment management firm Aalto Invest Holding that could total up to $205m. The deal, which was originally…

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Euronext offers the LSE €510m for its French clearing business

Billy Wood

The London Stock Exchange Group (LSEG) has received an all-cash offer of €510m for its LCH SA French-regulated subsidiary, in a deal that could unlock its mega merger with Deutsche…

the number of R&D tax relief claims in the region leapt by 15%
Value of North West R&D tax relief claims hits £130m

Richard Bell

Research and development (R&D) tax relief claims have risen in the North West as more and more companies look to unlock funding to support their growth plans. According to accountancy firm…

Equistone investment director Andi Tomkinson
North West buyout market remains active despite uncertainty

Richard Bell

The private equity buyout market in the North West was among the most active outside London and the South East this year, according to new figures. Data from the Centre for…

National insurance sales manager Mike Brown
Newcastle’s On Insurance continues rise with new contract wins

Jamie Hardesty

Newcastle-based insurance wholesaler On Insurance has landed two contracts with national insurance providers, creating new jobs in the region. Founded in 2014 to meet the demand for high quality, flexible add-on…

British flag and the Gherkin, London
AIM shows its 21st Century durability in 21st year

Jamie Hardesty

AIM, the London Stock Exchange’s international market for smaller growing companies, has enjoyed a strong end to the year. Finishing on a high, the 38 companies that floated on the market…