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Manchester

  • Chetwood Bank surpasses £5bn after strong growth

    July 25, 2025

    Chetwood Bank’s balance sheet has exceeded £5bn for the first time, City AM can reveal, after growing by £1bn in just three months. The digital challenger bank surpassed the milestone in July, with chief executive Paul Noble noting the bank’s “great growth trajectory” and expanding customer base to the rise, after the balance sheet stood [...]

  • London hotel rates quintuple amid supersonic Oasis demand

    July 22, 2025

    London hotel rates have soared as Oasis fans pour into the capital for a string of shows at Wembley. The average cost of room rates in Wembley jumped to £560 for Friday, 25 July, compared to £114.83 for the following week, according to consulting firm RSM UK. “The impact of this iconic band reforming brings [...]

  • Landlords pick Manchester over London for higher returns

    June 30, 2025

    Manchester has surpassed London in terms of the best yields for landlords, despite the former having a much lower average rent. London ranked fifth in a survey of rental yields, with the average annual return on investment in the capital at just 2.25 per cent, versus 4.21 per cent in Manchester, according to specialist property litigation [...]

  • Happy Valley maker shut down by owner StudioCanal

    June 4, 2025

    The maker of TV hits such as Happy Valley and It’s a Sin has been shut down by its owner, StudioCanal. Red Production Company, which is headquartered in Manchester, has closed with the loss of around ten jobs. Included in the departures was chief executive Patrick Schweitzer who left the business last week. Schweitzer had [...]

  • Spending review: Rachel Reeves pledges £15.6bn for regional transport

    June 4, 2025

    The government has made its biggest spending announcement since Labour’s drubbing at the local elections in May, with a pledge from Chancellor Rachel Reeves to double investment in local transport over the next five years.  A £15.6bn cash injection will form a major pillar of the 11 June spending review, which the Treasury says would [...]

  • Labour’s regional growth plan sees 12,000 civil servants moved outside London

    May 14, 2025

    The government is on a mission to relocate 12,000 civil servant jobs across the UK to save taxpayers money — to the tune of £94m a year by 2032. Cabinet Office minister Pat McFadden told the BBC this morning he hopes relocating civil servants “will make this government one that better reflects the country it [...]

  • Plans to build UK’s largest arena in London revealed by Co-op Live owner

    May 14, 2025

    The live entertainment giant which co-owns the UK’s largest indoor arena, Co-op Live, is looking at building up to two new venues in London at a cost of around £1.5bn. Speaking to City AM, Oak View Group (OVG) chief executive Tim Leiweke revealed plans for up to two arenas are currently being considered with the [...]

  • Soho House: New venue reveals opening date after long delays

    May 9, 2025

    A new opening date has been revealed for the UK’s latest Soho House location which has been beset by long delays. The private members’ club, which is listed on the New York Stock Exchange, is now targeting October as the launch month for its new venue in Manchester. The new location will be based at [...]

  • Gary Neville’s university UA92 plots move to ‘stronger footing’ in 2026

    May 1, 2025

    Accounts show income has increased at University Academy 92 (UA92), the higher education institution set up by Gary Neville and other members of the Class of ’92, amid a rise in costs and “a tough financial climate.” UA92, which has bases in Trafford as well as the city centre, has reported a deficit before tax of [...]

  • Puma to move UK head office from London to Manchester

    May 1, 2025

    Puma is to relocate its UK head office from London to Manchester after signing up to take space in a new £87m building. The global sportswear brand is to take 20,000 sq ft at 3 Circle Square in the city centre, which is due to open this summer. The head office will become home to [...]

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