£660m Northern Powerhouse fund launched to help grow business in the North

A £660m fund that aims to boost businesses across the North wants to counter the “computer says no” attitude of some traditional lenders, a senior executive has said.

The Northern Powerhouse Investment Fund II (NPIF II) has been launched by the British Business Bank, which was set up by the Government to increase the supply of credit to small and medium enterprises. It follows an earlier Northern Powerhouse fund, which ran from 2017 and delivered more than £1.1bn to businesses in the North, helping to create 8,500 jobs.

For the full story

Read our other news

Government grants Hynet CO2 capture pipeline

Government grants Hynet CO2 capture pipeline

Read More
Country pub near Chester is named as the best in Cheshire

Country pub near Chester is named as the best in Cheshire

Read More
Coveted award for cocktail bar brand with venue in Chester

Coveted award for cocktail bar brand with venue in Chester

Read More