North West businesses plan for growth
the region are planning for growth despite being affected by changes
to access to finance according to the North West results of the
ICAEW Enterprise Survey.
77% of businesses in the North West plan turnover growth over the
next two years inline with the national average. Encouragingly, the
proportion of businesses planning growth of 6% or more has increased
from 26% to 42% compared with last year.
Increasing profitability is the primary objective for North West
companies. However, raising capital remains a barrier to growth with
local businesses more likely to say they have been adversely
affected by changes in access to finance than the UK overall (42%
compared with 31%).
During the next five years planned growth is anticipated within the
UK with local firms less likely (29%) than businesses in the UK
overall (39%) to say that they have plans to increase the number of
countries they sell to.
Meanwhile, around half of these businesses in the region feel that
the UK’s regulatory and taxation regime is business friendly,
presenting a similar picture to the UK as a whole.
Melanie Christie, ICAEW North West Regional Director, said:-
“The ICAEW Enterprise Survey in line with the ICAEW Business
Confidence Monitor shows that access to finance remains a key issue
for businesses in the North West. As trusted advisors Chartered
Accountants often act as the conduit between businesses and their
banks. Through events, such as the Bankers Question Time, we will
continue to address the issues surrounding access to finance to
support our members whose advice will be key to driving forward
business growth in the region.”
What are your views on this? Email our news room today via:-
Margie Clarke was in
THESE are a
few snaps taken at bookshop Waterstones, in Liverpool ONE of Margie
Clarke at her book signing of her autobiography, 'Memoirs of a
working class diva.'
Help for retail
sector as new guide asks ‘how healthy is your high street’?
A simple new
health check to help local business people spot early signs of
decline in their High Street was launched on Thursday, 2 November
2010, by Business Minister Mark Prisk.
The ‘Healthy High Street’ guide is the first of its
kind - a practical aid to help local businesses, councils and
community organisations spot the early warning signs and prevent
The guide was produced with the help of business organisations, high
street traders and town centre managers and is based on their real
life experiences. It includes tips such as how to check on whether
an area is attractive to customers, whether there are good parking
and public transport facilities and looking at the variety of shops
on offer. It then helps them to work together to draw up an action
plan for what needs to change to rejuvenate the area and put that
plan into action.
Business Minister Mark Prisk said:- “There are almost 5,400
streets called ‘High Street’ in the country, but we recognise that
some of these have faced real problems: empty shops, vandalism and
loss of customers. Much of this could have been averted if they had
spotted the signs early enough and if local people – chambers, town
centre businesses and local authorities – had joined together to
take appropriate action. My colleagues and I are committed to
tackling these challenges head on. After all, our high streets need
to be centres for economic growth as we move towards the recovery.
This practical new guide is the first to identify indicators of
future decline. Its health check approach make it easier to assess
the true state of a local high street, evaluate the risks and take
real steps, such as establishing a Business Improvement District,
and turn an area around. As the new local enterprise partnerships
develop, the successes in a particular area can then be shared so
that other high streets can benefit from their experiences, with the
sort of local action that is at the heart of the Government’s Big
Jenny Frost snapped shooting 'Snog Marry Avoid'
ONE of BBC
Three's top shows was in Liverpool filming a new series. The hit
fashion show: Snog, Marry, Avoid, was out and about in Boudoir
Boutique in Liverpool's world famous Cavern Walks, and also in other
shops like Cricket. If you do not know what the show is all about,
it is Jenny Frost transforming 'fakery obsessed‘ or
'Slap addict' Brits into 'natural beauties'
with the thanks of 'POD' - 'the Personal
Overhaul Device'. The idea is that the show strips the
subject who enters 'POD' of their skimpy clothes and
layers of make up and giving them a make under instead of a make
over. The Snog, Marry, Avoid, bit comes from questions posed at the
beginning and end of the efforts of 'POD'. The show
asks members of the public if they would "Snog, Marry, Avoid"
and then records their results to see if the transformation
was an improvement or not. The idea is to help the subject get a
more generally positive outcome. Jenny Frost also re-introduced the
subject to their partner or relative outside the TV studio and
captured the reactions. It is to be regarded as a type of reality TV
show as it also sees Jenny Frost sometimes re-visiting the subject.
On her re-visit she finds out if they have kept their look and
discuss the effects of the transformation.