Post Tagged with: "finance"

CEC predicted overspend reduced by £6.5 million, says council

CEC predicted overspend reduced by £6.5 million, says council

By Belinda Ryan, local democracy reporter
Cheshire East Council says its predicted overspend for this financial year has reduced by £6.5 million.

But it warned that “further urgent action is needed” to bring spending back in line with budget.

October 31, 2024
Benefits of leasing vs. buying: Which car finance option is right for you?

Benefits of leasing vs. buying: Which car finance option is right for you?

The decision to lease or buy a new vehicle is one that tends to come down to whether to lease or buy.

With so many different structures to car financing, it can be confusing for those trying to make the right choice.

October 31, 2024
Cheshire East says measures to cut spends “making an impact”

Cheshire East says measures to cut spends “making an impact”

By Belinda Ryan, local democracy reporter
Cheshire East Council says measures taken to reduce its forecasted £26.5m overspend this financial year are starting to work.

Interim finance boss Adele Taylor was reporting on the first financial review of 2024/25 to the corporate policy committee.

October 7, 2024
Nantwich fitness firm expands after securing investment

Nantwich fitness firm expands after securing investment

Nantwich gym Tandy Health and Fitness is expanding after securing investment from British Business Bank.

Rob Tandy, founder of Tandy Health and Fitness, secured a £23,000 Start Up Loan from the bank through its partner GC Business Finance.

August 22, 2024
Cash-strapped CEC pay £1,300 a day for temporary finance boss

Cash-strapped CEC pay £1,300 a day for temporary finance boss

By Belinda Ryan, local democracy reporter
Cash-strapped Cheshire East Council is paying a whopping £1,298 a day for its new temporary director of finance.

Adele Taylor was appointed to the role of S151 officer on an interim basis following the resignation of Alex Thompson.

June 12, 2024
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