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Paul Spencer Director, Haworths


haworths-limited


The re-imagining of Preston’s Harris Museum can now go ahead after the team successfully secured £4.5m funding from the National Lottery. The investment by the lottery’s Heritage Fund was vital to the £10m project, which will see the Grade I-listed venue converted into a world-class cultural attraction and community hub.


The Calico Group partnered with East Lancashire Hospitals NHS Trust, Burnley Borough Council, the University of Central Lancashire, Lancashire County Council, Participation Works and architects Brock Carmichael to propose the build of 90 accessible extra care apartments and a community hub in a potential £14m development in Burnley.


Central Recruitment secured a £900,000 funding package from NatWest which will enable it to relocate to Blackburn town centre and recruit additional staff.


Vincents Solicitors launched a commercial


property department at its Lytham office, taking on additional space at its Jubilee House premises to accommodate the new team.


Bespoke reported a record first quarter with its highest ever total for contract wins both in terms of number of new contracts and average contract size. The digital agency will move into its new home at Strawberry Fields in Chorley when lockdown restrictions allow.


Clitheroe-based inbound marketing


agency Digital 22 acquired Larmahil, based in Nova Scotia, Canada.


Leyland-based Security and Electrical Installations has been acquired by its management team. SEI was founded in 2002, employs 23 staff and works with clients nationwide.


CNC machining specialist Rochdale


Production Services is moving into larger premises in Rawtenstall, taking shop floor space from 2,200 sq ft to 7,250, The company will change its name to RPS Precision Engineering to reflect the relocation.


Lancashire-based supermarket chain Booths agreed a deal which will see its


The audit, accounting and advisory team at Blackburn-based chartered accountancy PM+M secured 15 new clients within a few months, beginning work with companies operating in sectors including wholesale distribution, insurance, IT, construction, manufacturing and law.


Prairie Sports Village in Burnley has


completed an £80,000 upgrade of its hospitality offer and interior facilities. The site, known for its golf driving range, will open the 1955 Kitchen & Bar and three new interior spaces aimed at families, remote workers and spectators visiting its all-weather pitches.


DOWN Over a third of people living in the


North West fear that their community will be left behind after Covid-19, according to YouGov research.


Blackpool’s annual summer air show


has been grounded for the second year in a row because of the pandemic. The two day event, which attracts tens of thousands of visitors, was planned for early August.


The Eden Project North was


unsuccessful in persuading chancellor Rishi Sunak to allocate it special funding in the Spring Budget. David Harland, international chief executive, said: “We will continue making our case and remain hopeful for good news in a future announcement.”


Eden’s green supporters are left feeling blue: page eight


LANCASHIREBUSINESSVIEW.CO.UK


branded meals and desserts stocked in Amazon Fresh stores in London.


Recycle IT recruited five new engineers and sales staff and upgraded its recycling facility in Burnley to meet growing demand for its services.


CASHFLOW IS MORE IMPORTANT


THAN EVER As Lancashire emerges slowly from lockdown and businesses begin to reopen their doors, it is important to stress some of the immediate challenges they face.


A lack of working capital can not only hinder their recovery journey; it can have dire consequences on their ability to trade.


So, it is important business owners keep this foremost in their mind and keep a close eye on their cashflow.


Effective management and good, solid forward planning are key. Update your business plan and cash forecasts regularly – keep on top of your numbers. That includes tackling late payments and having processes in place.


There is also support out there for businesses as they look to unlock and start on their road to recovery and growth.


The government’s new Recovery Loan Scheme has been created specially to help businesses as they look to recover from the pandemic.


Once received, the funds can be used for any legitimate business purpose, including managing cashflow, growth and investment. Companies can apply for loans of between £25,000 and £10m.


Businesses can choose from term loans, overdrafts, asset finance and invoice finance. Term loans and asset finance facilities are available from three months up to six years, with overdrafts and invoice finance available from three months up to three years.


Companies can apply for loans of between £25,000 and £10m, with the government taking on 80 per cent of the default risk.


There is also a range of funded business support available in Lancashire to help companies negotiate key issues including EU transition and resilience. Boost; Lancashire’s Business Growth Hub is the first port of call.


Find out more at... enquiries@haworths.co.uk 01254 232521


www.haworths.co.uk


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BAROMETER


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