News

Live from Westminster – all the timely SME-related news you need to know.

News 8 min read

How to make a “Northern Powerhouse”

In June 2014, the Chancellor George Osborne set out plans to make a “Northern powerhouse”. This was in part due to the latest Autumn Statement revealing that employment in the three months to September in northern regions increased by 2.6 per cent, 0.3 per cent higher than the national average. This spoke volumes about the north being one of the centres driving economic growth.

News 2 min read

City Link collapses on Christmas Eve

On Christmas Eve, City Link went into administration, with private equity firm Better Capital founder John Moulton stating: “We chased every possible way to save this company." And although he seems to regret the timing of the announcement, he explained that “trading while insolvent was a criminal offence”.

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