Post Tagged with: "finance"

Redwood Bank Broker Awards 2024. Picture: DANNY LOO

Nantwich broker secures industry accolade for second successive year

A Nantwich broker is celebrating the double after coming home with two leading industry awards from a specialist business bank.

Watts Commercial Finance won the Commercial Broker of the Year award for the second successive year at the Redwood Bank Broker Awards 2024.

March 1, 2024
Cheshire East Council finance boss quits to take up new job

Cheshire East Council finance boss quits to take up new job

By Belinda Ryan, local democracy reporter
Cheshire East Council is on the hunt for another top officer after head of finance Alex Thompson handed in his notice.

Mr Thompson is quitting as director of finance and customer service in May to become executive director for finance and transformation at Sandwell Metropolitan Borough Council.

February 27, 2024
Cheshire East Council finance boss warning over depleted reserves

Cheshire East Council finance boss warning over depleted reserves

By Belinda Ryan, local democracy reporter
Cheshire East Council’s head of finance has warned the authority may not have enough in reserves next year to support the budget.

The council is already facing a funding gap of £13.1m for the year 2023/24, and is working to reduce that by the end of March.

February 13, 2024
Cheshire East Council “not at risk of bankruptcy”, says councillor

Cheshire East Council “not at risk of bankruptcy”, says councillor

By Belinda Ryan, local democracy reporter
Cheshire East Council is not at risk of going “bankrupt”, said its finance sub-committee chair.

And if it did ever have to trigger a S114 notice suppliers and staff would be paid, claims Cllr Nick Mannion.

January 20, 2024
FEATURE: Cheshire fintech keeps growing

FEATURE: Cheshire fintech keeps growing

While London remains the capital of finance, the tech scene in the UK is somewhat fragmented.

This may not be a bad thing, though, as Cheshire have experienced a lot of growth in these areas, as they’re able to leverage remote work along northern talent pools like Liverpool and Manchester.

December 7, 2023
Cheshire Wildlife Trust seeks to appoint new roles

Cheshire Wildlife Trust seeks to appoint new roles

Cheshire Wildlife Trust is looking to hire new positions in its team.

The organisations wants a new finance manager, supporter care officer and senior woodland creation officer.

June 22, 2023
Cheshire East Council owed more than £7 million in unpaid invoices

Cheshire East Council owed more than £7 million in unpaid invoices

By Belinda Ryan, local democracy reporter
Cheshire East Council is owed more than £7 million by residents and companies who haven’t settled their debts after being invoiced more than six months ago.

Figures in a report to next week’s meeting of the finance sub-committee reveal the majority of this – £5.7m – relates to adult social care sundry debt.

March 5, 2023
How UK banks are transforming to help firms thrive in 2023

How UK banks are transforming to help firms thrive in 2023

More banks in the US and UK are embracing the digital transformation to develop more customer-oriented services.

International Finance Magazine reports that banks have made substantial technological advancements in retail banking.

January 22, 2023
CEC faces £12 million deficit in 2022-23, finance review shows

CEC faces £12 million deficit in 2022-23, finance review shows

A first quarter finance review of Cheshire East Council spend shows it is facing massive deficits in 2022-23 of up to £12 million.

The review, published this week, forecasts a reduction in the council’s coffers of £11.7m – with the largest rise in expenditure in the council’s adults and children’s services.

October 7, 2022
FEATURE: What is the process of obtaining a car loan?

FEATURE: What is the process of obtaining a car loan?

When you are in the market for a new or used car, one of the biggest decisions you will have to make is how to pay for it.

One option is to obtain a car loan from a lender.

October 5, 2022
Headteacher slams CEC finance system after £10,000 error

Headteacher slams CEC finance system after £10,000 error

By Belinda Ryan, local democracy reporter
Ten thousand pounds was taken from a South Cheshire school’s budget to pay staff it doesn’t employ and teachers’ pensions haven’t been paid because of failures in the council’s new finance system.

Headteacher Carl Leech told of the shambles and lack of support his school has faced since the Best4Business HR and finance IT system was introduced by Cheshire East Council.

May 28, 2022
Cheshire East Council ‘general reserves’ rise to £11.5 million

Cheshire East Council ‘general reserves’ rise to £11.5 million

By Belinda Ryan, local democracy reporter
A councillor has sought assurances that Cheshire East’s £11.5m general reserves would be enough in the event of a crisis because it is lower than most local authorities.

The council increased its general reserves from £10m to £11.5m last year – taking it to 3% of the annual revenue budget.

January 7, 2022
All Cheshire East Covid costs paid by Government, says finance chief

All Cheshire East Covid costs paid by Government, says finance chief

By Belinda Ryan, local democracy reporter
Cheshire East’s entire Covid-related costs have been funded by the government to date and not the council.

The revelation comes after the authority predicted the impact of the Covid pandemic would cost about £70 million and swallow up the council’s reserves.

September 27, 2021