Financial

Moving to ‘one-hit’ machining has delivered a Lancashire precision engineering specialist a £500,000 boost after securing a string of new orders.

Half of North West SME manufacturers plan to increase their capital investment spend in the next 12-months despite the uncertainty of Brexit, according to an influential business survey.

Bay Business Angels, which was set up in 2017 to provide startups and new businesses with ‘Angel’ investment, has seen businesses in south Cumbria and North Lancaster raise £850k of investment.

Award winning Lancashire-based brewer and regional leisure venue operator, Lancaster Brewery, has filed record pre-tax profits of £667,102 in 2017/2018 up 88% year on year and has announced significant investment plans for 2019.

Tony Medcalf, tax partner at Lancashire-based MHA Moore and Smalley, said: “This was a budget where the chancellor looked to turn the heating back...

Burnley based, Blackburn Distributions, has secured a total of £30,000 of funding to help accelerate the firm’s growth. The supplement manufacturer, who recently moved to Vision Park...

Blackpool based rescue training business Reax has secured a £35,000 investment from NPIF, BFS & MSIF Microfinance, a product fund managed by GC Business Finance GC...