Author: Scott Dylan

This year’s King’s Awards for Enterprise honour 26 North West companies for their exceptional achievements.These businesses excel in global trade, innovation, sustainable development, and promoting opportunity through social mobility.Winners include industry leaders from diverse fields such as AI, corduroy manufacturing, and sound recording.Notable companies like Timpson and AMS Neve received recognition for their significant contributions.The awards, previously known as The Queen’s Awards, have recognized outstanding UK businesses since 1965.An Oscar-winning sound recording specialist and a high street powerhouse that helps prisoners back into the workplace are among this year’s winners of King’s Awards for Enterprise in the North West. This…

Last year, On The Beach and Ryanair were involved in serious legal disputes. Today, they are collaborators.The two companies were at odds over selling Ryanair flights.A £2m court victory occurred in December.An agreement was reached in February to resolve the dispute.Both companies are now working together to provide better services.Last year, On The Beach and Ryanair found themselves embroiled in heated legal battles. They faced off not only in court but also in the press, highlighting the intense friction between them. However, recent events have seen a significant turnaround in their relationship, transforming from adversaries to collaborators in a short…

A historic building in Liverpool is set for a new lease of life. Plans have been submitted to convert the former Bank of England on Castle Street into a dining venue. Liverpool Council has already approved the conversion, paving the way for this exciting development.The proposal includes turning the ground floor into a restaurant and bar, with kitchens located in the basement. The building, which has been vacant for nearly 20 years, will also see additional storage and staff facilities on the first floor. This move forms part of a broader trend of revamping historic sites in Liverpool.A Historic Site…

Businesses are constantly seeking innovative ways to capture their target audience’s attention.One strategy gaining significant traction is the use of explainer videos, a powerful tool that combines visual storytelling with concise messaging. Leading marketing experts state that explainer videos are now an indispensable part of modern marketing strategies, offering a versatile and engaging approach to reach customers.Explainer videos provide a unique advantage in evoking emotional responses, whether it’s interest, engagement, or pure entertainment. In a world where speed is paramount, these short, concise videos deliver powerful information in just a couple of minutes, catering to the modern consumer’s desire for…

A family-run business makes a significant entry into the machine parts industry, promising to revolutionise the market.SJ Machinery Solutions Limited is disrupting the industry with a customer-focused approach and competitive pricing.Led by Jim and Ian Smith, the company offers over 40,000 new and aftermarket machine parts.Based in Newcastle upon Tyne, the company caters to both UK and international markets.SJ Machinery places a strong emphasis on quality and customer service.SJ Machinery Solutions Limited is making waves in the machine parts industry with its dedication to customer satisfaction and competitive pricing. Founded by Jim and Ian Smith, who together bring over 50…

The economic environment is undeniably challenging. Yet for growth-oriented businesses, opportunities to thrive are still very much alive.Determining the best way to secure investment can be the key to unlocking these opportunities. However, preparation is paramount.What Investors Look ForInvestors are scrutinising every detail in today’s challenging market. A strong management team, sound financial performance, and a well-thought-out growth plan are essential. These elements demonstrate to investors that a business has the potential for sustainable growth.Developing a Robust Growth PlanWhatever a business’s growth strategy, it must be underpinned by a detailed step-by-step plan, backed by solid evidence. Articulating the business’s USP…

Hopes are rising within the real estate sector, with indicators suggesting a potential spring revival in the UK housing market.Both buyers and sellers are showing increased confidence, reflected in a surge in asking prices, according to data from leading property platforms.Rising Asking PricesThe average asking price for new properties entering the market has seen a significant increase. Rightmove reports a 1.5% rise to £368,118, compared to the previous month. This is the largest spike since May of the previous year, attributed to heightened seller confidence.Buyer and Seller ConfidenceTim Bannister, head of property data at Rightmove, suggests that increased seller confidence…

NatWest, the UK’s largest business bank, is offering speedy business loans of up to £250,000. This move addresses increasing competition from alternative lenders.A recent trial of an online credit approval process has paved the way for this initiative.Why the Change?The banking sector is highly competitive. NatWest aims to provide quicker financial support. This will make it easier for small businesses to access required funds.The success of a recent pilot project for loans up to £50,000 has been a driving factor. CEO Robert Begbie emphasises the importance of quick loan availability for small businesses.Details of the Loan SchemeNatWest will initially increase…

In today’s environmentally conscious landscape, implementing energy-saving strategies not only reduces utility costs but also showcases a commitment to sustainability.Entrepreneurs can significantly benefit from exploring various energy-saving tactics that will not only enhance their profitability but also contribute positively to the environment.Conducting an Energy AuditBefore starting any energy-saving initiatives, it’s essential to understand your current energy consumption patterns. Conducting an energy audit is instrumental in identifying areas of inefficiency and discovering opportunities for improvement. This step lays the foundation for implementing targeted energy-saving measures.Investing in Energy-Efficient AppliancesUpgrading to energy-efficient appliances can drastically reduce energy consumption. From LED lighting to ENERGY…

Lloyds Banking Group has earmarked £450 million in response to a regulatory examination into car finance practices.This initiative underscores the heightened regulatory scrutiny faced by the motor finance sector, aiming to safeguard consumer interests.FCA Investigation OverviewThe UK’s Financial Conduct Authority (FCA) has launched an in-depth examination into car finance agreements. The spotlight is on commission structures that allowed brokers to earn additional income based on the interest rates applied to loans. Such practices may have led to customers being overcharged.The FCA’s crackdown on these discretionary commission arrangements serves as a reminder of its commitment to consumer protection. By banning these…