FORTHCOMING EVENTS
JAN
26
THURS 10:00 - 12:30
Content writing for your Start Up Business
Writing for social media , websites or blogs is not simply a case of writing down what you do and hope that you get noticed . This workshop will help with how and what to write and where to place it .
JAN
26
THURS 08:00- 10:00
Wirral Freeport Zone – Hear from the Experts
Latest developments within the Wirral Freeport Zone , tax advantages and support for businesses with international trade . Wirral Chamber , Wirral Council and the Freeport Team are delighted to bring you this very timely update .
FEB
8
R & D Tax Relief : Risks and Impact
WED 10:00 - 12:00
The R & D Tax Relief scheme costs taxpayers £ 6BN +. To ensure the taxpayer is getting value for this huge sum HMRC have increased scrutiny of claims made & introduced new legislation to govern the claim process .
APR
21
FRI 09:30 - 15:30
British Craft Based Manufacturing Ventures
Delegates will be exposed to the ‘ next practices ’ at some of Britain ’ s leading craft-based manufacturing businesses . They will learn about entrepreneurship and innovating from the first-hand experience of business leaders .
For further information about the events , or to book a place , please visit www . wirralchamber . co . uk
NEWS
WIRRAL CHAMBER WELCOMES LCR FREEPORT STATUS
BATHGATE CELEBRATES £ 1 MILLION MILESTONE IN OWN-BOOK LENDING
The Liverpool City Region ’ s Freeport business case has received the green light from the Rt . Hon Michael Gove MP , Secretary of State for Levelling Up , Housing and Communities .
The freeport is a designated area covering 45km , where a range of incentives will be available , covering customs , business rates , planning , regeneration , innovation and trade and investment support . Wirral will host one of the three freeport tax sites , located within Wirral Waters at Birkenhead . Centred on a mix of infrastructure , including the deep-water container terminal at the Port of Liverpool – the UK ’ s biggest western-facing port , which already handles 45 % of trade from the US – it is the crucial coastal access point to the UK ’ s largest concentration of manufacturing . Targeting key sectors including automotive , biomanufacturing / pharmaceuticals and maritime , the freeport will support and attract new advanced manufacturing , logistics and low carbon energy industries .
Paula Basnett , Executive Chairperson at Wirral Chamber of Commerce said : “ This is a major win for Wirral and the wider Liverpool City Region attracting an estimated £ 850m boost to the region ’ s economy whilst creating more well-paid , highly skilled jobs that will enable us to retain the most talented and brightest people in our region , as opposed to them moving elsewhere for greater We Businesses opportunities ' re giving active Wirral . Birkenhead in the Chamber Manufacturing will host members one of sector the the freeport in chance Wirral tax sites , attracting new businesses to Wirral . This , alongside the significant investment to are make invited the to most attend of our the award quarterly opportunities Wirral Chamber coming of in Birkenhead and across the left bank will transform Wirral ’ s economic makeup up Commerce for
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Bathgate Business Finance , has celebrated a milestone in its own-book lending , writing one million pounds in new business in October 2022 , from its own internal funds .
As well as brokering deals out to their extensive panel of traditional and alternative funders , the West Kirby-based finance specialist provides loans from its own funding book , writing a total of £ 4.8 million to their year end September 2021 . The milestone result provides Bathgate Business Finance with a strong start to its new financial year , with a healthy pipeline of deals offering opportunity for further growth in 2022 / 23 . Own-book lending , which is not available from most brokers , is a useful option for many SMEs , as decisions are taken quickly in-house without the need to submit to credit committees that exist in some larger funders , making it faster and easier to secure business finance .
Bathgate Business Finance Managing Director , Gordon Andrews , said : “ October 2022 was our best-ever month for own-book lending , writing £ 1 million in deals . Prior to that , our best month was £ 800k written in April 2021 , as we were coming out of the pandemic . We ’ re extremely privileged to be able to offer clients finance from our own funds and see it as a vital tool in our armoury to support the SME marketplace . We know that often – and increasingly so in our current economic climate – strong and viable businesses will find themselves in need of urgent funding to tackle issues like cashflow challenges or unexpected bills . With traditional lenders seeming to be more cautious , through our own-book finance , we ’ re able to be more nimble and responsive and provide speedier decisions , making it a useful tool for business owners alongside wider financial planning ."
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