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Almost a quarter of people in Manchester dipping into savings every month just to make ends meet with fears this may worsen over winter

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  • However, more than a quarter of people in Manchester don’t have any savings to fall back on
  • More than two in five (41%) of people in Manchester admit they are terrified for their financial future
  • More financial support is needed to prevent the current crisis worsening across Manchester

Almost a quarter of people (23%) in Manchester are being forced to dip into their savings to make ends meet every month, according to new research from responsible subscription lender Creditspring.

However, the research also reveals that more than a quarter of people (28%) across Manchester don’t have any savings to fall back on – prompting fears of a worsening crisis to come as the cost of living continues to rise.

Across Manchester, more than two in five people (41%) admit they are terrified for their financial future whilst almost six in ten (58%) claim they are anxious about their finances. There is a sense of helplessness as more than half (51%) feel as though there is nothing they can do to improve their financial situation.

The research also indicates that people are desperately trying to save to build a financial buffer but the cost of living crisis is making this nearly impossible. Half of people in Manchester (50%) want to save but can’t due to high cost of living, whilst 49% don’t expect to be able to save anything in the next six months. This lack of rainy day fund means that these people will have nowhere to turn but lenders when they run out of money, leaving people vulnerable to unscrupulous lending practices.

Neil Kadagathur, Co-Founder and CEO of Creditspring, comments: “Household budgets in Manchester are on the precipice. Hundreds of thousands of people are forced to raid their savings just to survive the current cost of living crisis – this will have a disastrous impact on their future financial wellbeing.

“Given the bleak situation it’s no wonder that people across Manchester are feeling hopeless. They are in desperate need of more effective financial support – the government must provide households with a substantial support package that will make a real difference. It’s going to be a challenging winter for all of us, but many will be concerned that they may never recover financially from this.”

Creditspring’s members benefit from the platform’s affordable, easy-to-use loans and education tools, including its Stability Hub service which offers members a financial health audit and personalised tips to improve their financial situation.

Creditspring has just launched its latest education tool – Spring Score – which provides insight into members’ eligibility for Creditspring products to improve access to financial support tools such as ‘Step’ credit builder which helps members gradually improve their credit score without running the risk of incurring further debt.

WEDO MAKES SEVEN-FIGURE INVESTMENT IN AUSTRALIAN INVOICE AND TRADE FINANCE BUSINESS

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A north west business services group has gained a foothold in the Australian market by making a strategic seven-figure investment in a Brisbane-based invoice and trade finance company.

WeDo Business Services, which is headquartered in Oldham, has taken a significant stake in Invoice Finance Group (IFG).

IFG had been seeking an investment partner to help take it to the next level by adding funding capability and new business finance products. At the same time, WeDo was looking to establish itself Down Under.

WeDo directors Mark Lindsay and Chris Robinson engaged Wayne Smith, a former senior executive at Sydney-based business finance company ScotPac, to help with this phase of their growth plan.

Wayne was able to bring both parties together and helped to structure the deal. He has become chairman of IFG following the investment, and will work with its founders and directors Paul and Angela Tonges on its expansion strategy.

Mark, group chief executive of WeDo, said: “Our invoice finance business has been built on a simple model of delivering solutions in a transparent and value-added way, working with clients to ensure they get more than they expect.

“It was refreshing to see that IFG shares a similar approach which is very client-centric.

“The independent finance market in Australia is not as competitive as it is in the UK, and therefore we feel there is scope for IFG to expand significantly and develop additional service lines, much like our UK business has done in recent years. We are extremely excited by the opportunities and growth potential for IFG.”

WeDo provides a range of services to small and medium-sized companies. In addition to invoice and trade finance and start-up funding, it provides HR, back office, IT, digital and payroll support, with a focus on the recruitment sector.

Mark and Chris founded the business in 2019 with just four staff and the company has grown rapidly through organic expansion and acquisitions. The group now employs almost 100 people across its network of offices, including sites in Colchester, Swindon, Sheffield and MediaCityUK in Salford.

IFG is a boutique business which husband and wife team Paul and Angela set up in 2011. It specialises in providing invoice finance to businesses across Australia.

Paul said: “As the founders, we are very excited about the next chapter of IFG’s growth strategy. We’re delighted to share a common alignment in our vision and values with our new investors, by continuing to exceed our customers’ expectations.

“This strategic investment will allow IFG to better service our existing clients and attract new customers by enabling us to offer a broader range of finance products and a larger deal size. With so many Australian small businesses desperate to fund growth, IFG will be able to assist many more SMEs.”

Cynergy Business Finance provides £3m of funding to ethical beauty product brand, Faith in Nature

Award-winning natural beauty products brand, Faith in Nature, looks to expand its manufacturing and business capabilities with a £3m funding boost from Cynergy Business Finance.

Founded in a cottage kitchen in 1974, Radcliffe-based Faith in Nature has expanded from its initial offering of plant-based face creams and shampoos to include body washes and soap. Its products are now stocked in more than 40 countries across the globe. Offering an ethical and cruelty-free alternative to high-street brands, its products are vegan, 100 per cent recyclable and naturally fragranced.

The purpose of this facility was to provide a more flexible funding solution that would assist Faith in Nature in achieving their ambitious growth plans. The business has been on a journey to considerably expand their facilities in order to greatly increase production and drive future growth. As a result, they required a more suitable working capital facility that was structured to meet their own unique circumstances and better support their day-to-day requirements.

The versatile lending facility can be adapted as Faith in Nature continues to prosper, helping to propel it into its next stage of growth.

John Allaway, managing director, Faith in Nature, commented; “Having worked with Cynergy Business Finance for several years, we have always found them to be understanding and collaborative throughout our exciting journey. It’s good to work with a bank with such a wealth of experience, with people who are able to create unique solutions and put in the extra effort to support the business at critical pinch points. It feels like we are working in real partnership with them.”

Danny Monksfield, corporate sales manager, Cynergy Business Finance, added; “It has been a pleasure to work with Faith in Nature to significantly improve their working capital facilities. This is a fantastic example of how our flexible approach, combining the extensive knowledge of both our business finance and property finance teams, can enable the delivery of a full asset-based lending solution to UK SMEs. I am delighted that Cynergy Business Finance is partnering with such a forward-thinking, environmentally conscious brand that has a fantastic plan for the future.”

SMALL BUSINESS SATURDAY’S TEN YEAR ROADSHOW SET TO SPOTLIGHT MANCHESTER

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The campaign will profile small businesses in Manchester on 7 November, as well as providing free business support as firms face a raft of winter challenges

Small firms from across the North West will be put on the map by the Small Business Saturday campaign, as it unveils a nationwide roadshow to support and celebrate the nation’s small businesses as they face mounting challenges over the winter.

Marking ten years of the campaign in the UK, Small Business Saturday’s Tour will arrive in Manchester on 7 November and will go on to visit independent businesses across the city, spotlighting local business owners and community leaders through interviews on social media. Local entrepreneurs from across the area are being encouraged to sign up and get involved.

Once again supported by BT Skills for Tomorrow, ‘The Tour’ will set off in Scotland on 31 October, and go on to visit 23 towns and cities across the UK during November, as part of the official count down to Small Business Saturday on 3 December.

As the roadshow makes its way around the UK there will also be opportunities for business owners across the North West to take part in Small Business Saturday’s wider online programme of free business support that will run for a month from 31 October.

Virtual workshops and webinars on a range of business topics will be offered each day, as well as free one-to-one mentoring and opportunities for small businesses to tell their stories and network on Small Business Saturday’s social media channels.

A Small Business Happy Hour on Instagram will also take place each day with giveaways from local businesses all over the country that everyone can enter.

“We are so excited to be visiting small businesses in Manchester and across the UK, as we count down to Small Business Saturday with this tour,” said Michelle Ovens CBE, Director of Small Business Saturday UK.

“This year’s campaign is all about shining a light on the nation’s fantastic small firms and showing them some major love, at a time when many are facing a lot of challenges. I would encourage all small businesses across the North West to get involved, whether it is in person or online.”

Small Business Saturday is a grassroots, non-commercial campaign, which celebrates small business success and encourages consumers to ‘shop local’ and to support businesses in their communities. The iconic campaign is celebrating its tenth year in the UK this year, with principal supporter American Express.

Chris Sims, Managing Director Small and Medium Enterprise at BT, said: “The Tour is a fantastic initiative to reach out and support small businesses with the skills they need to scale up in key areas such as digital marketing and sustainability. We are delighted to be supporting it again this year, bringing insight from both our BT Skills for Tomorrow offering, as well as our new Digital Marketing Hub. In these challenging times for businesses we hope this provides a catalyst for growth in the lead up to the festive period, which is typically a very important time of year for these types of enterprise.” 

With sustainability and energy saving high on the agenda for small firms, ‘The Tour’ features a fleet of environmentally friendly vehicles – including an electric van and ‘delivery style’ push bike – that reflect the sustainable switches many small business owners are making, whilst also highlighting the vital role small firms play in the race to net zero.

To get involved in The Tour locally, or book virtual one-to-one mentoring sessions and workshops, small businesses should visit https://smallbusinesssaturdayuk.com/the-tour

Nightmare on Short St. Where to spend Halloween in Manchester

Manchester’s NQ64 plans a night of gaming horrors and cocktail treats with ‘Nightmare on Short Street’ Halloween Party on 31st October 2022

During spooky season, Corroded Coffins and Vecna’s Twist are set to make special appearances at NQ64 Northern Quarter on 31st October, as Manchester’s arcade-themed bar announces a night of horrors, with its ‘Nightmare on Short Street’ themed Halloween party. The night will be filled with cocktails inspired by Stranger Things, retro games and prizes for best costumes courtesy of Jack Daniels.

Tasty treats for this year’s Halloween party include two cocktails inspired by Stranger Things – Corroded Coffin and the demogorgeous Vecna’s Twist, which will be served alongside NQ64’S brand new retro game cocktail menu.

Corroded Coffin: Jack Daniel’s Honey, Apple, Lemon, Vanilla, Pimento Dram

Vecna’s Twist: Jack Daniel’s Apple, Blackberry, Ginger, Lemon

Nightmare on Short Street is a free event which will be held in NQ64 in the Northern Quarter in Manchester on 31st October from 7pm. Student and industry discounts will be available all night.

In addition to NQ64’s Halloween-inspired cocktails, the arcade bar will also be serving up cocktails from its brand-new retro game inspired menu, launched earlier this month, which includes their very first non-alcoholic additions. The new menu was created and developed by bar tenders from each of NQ64’s venues across the UK, via an internal competition to get everyone involved with developing the menu across their nine venues in the UK.

James Taylor, NQ64 Drinks Development and Training Manager, told us: “At NQ64 we are always looking for inspiration when it comes to our venues, whether this is through finding new arcade games or developing our bar menus. With drinks being such a huge part of the NQ64 experience, we always like to keep the menu fun and fresh by adding exciting twists to game-inspired cocktails”.

NQ64 Manchester Northern Quarter: Northern Quarter, 9 Short St, Manchester M4 1AA

Opening Hours:

  • Mon – Fri: 4pm – 2am
  • Sat – Sun: 12pm – 2am

Website: https://nq64.co.uk

Instagram: @nq64mcr

Facebook: @nq64mcr

New Digital Lifehacks for Managing Meetings, Minutes, and More

Boarding minute-taking is a complex task. It takes dedicated listening and organizational skills to perfect the art of meeting minutes. In order to write minutes that accurately capture the events of the meeting, you must give your complete attention and be able to summarize the whole discussion into bullet points.

But you don’t need to wait for years and several meetings before mastering the art of meeting minutes. With these five digital life hacks, you can manage meetings and minutes like you’ve been doing this for decades.

1. Record the meeting

Record your meetings with your phone or a screen recorder so that you won’t miss any details in the minutes. 

Recording the meeting allows you to focus wholly on the meeting since you’ve got a reliable reference when you need to recount certain events.

If you’re planning to record the meeting, let the board members or the director know for transparency purposes. Some people don’t like being recorded without their permission. Also, some companies do not allow it, so ask first to verify.

2. Use a transcription tool

If you want to speed things up when preparing your minutes’ report, use a transcription tool to transcribe your recording. These transcription tools use Artificial Intelligence technology to turn your audio or video recording into text.

Since an AI is doing the transcription for you, it may not be one hundred percent accurate, especially when there are indistinct parts of the audio or noises overpowering the speaker(s). The dictionary and grammar bank aren’t up to par yet, so expect some spelling and grammar errors too.

So as a tip, you should still review the transcription of the tool, then revise as you see fit.

3. Integrate your video conference tool with your communication and productivity tools

Make it easier and more convenient to hold meetings with your video conference tool of choice by integrating them with your communication and productivity tools!

For instance, you can integrate Zoom into Slack, so you can instantly launch meetings even while on the app. To integrate Slack into Zoom, go to the Zoom Marketplace, and find and install the Slack app. Once done, you can send Zoom invites on Slack using the /zoom command.

There’s also a way to integrate Google Calendars and Zoom. Head to your Google Calendar account, go to Settings, then “Get add-ons,” and select Zoom. After granting permission for Zoom, you can now create a meeting event in the calendar with Zoom. 

4. Use a template

Every minute may differ in agendas, but it won’t hurt to have a standard outline of the minutes to speed things up, report-wise.

If this is your first time writing the meeting minutes, you can refer to previous minutes and use them as your template for your minutes. 

You can also look up some boarding minute-taking templates online and edit them to match the agendas of the current meeting.

5. Use a board management software

The ultimate life hack to managing meetings and minutes effectively? Use board management software. It has the following features to help you organize everything for your organization efficiently in one place:

  • Take notes and create meeting minutes on the portal
  • Automate scheduling meetings (you can also integrate your video conferencing tool with a board portal)
  • Vote directly within the board portal and record voting results in real-time
  • Unlimited storage for all governance documents and meeting minutes

Board minute-taking is complicated and requires dedicated listening, organizational, and detail-oriented skills. Since it is the point of reference for board members in making fundamental decisions, the minutes should always be accurate and concise.

But as long as you practice these five digital lifehacks for managing meetings and minutes, you’ll have no trouble completing these minutes in the fastest time possible!

BRUNTWOOD RECEIVES PLANNING APPROVAL TO TRANSFORM MANCHESTER’S ICONIC PALL MALL INTO SUSTAINABILITY AND WELLBEING PIONEER

  • Planning approved for 85,000 sq ft of new workspace and leisure facilities within Bruntwood’s Manchester city centre cluster of innovative workplaces, designed to create a community of consciously minded businesses
  • Iconic sixties city centre workspace, Pall Mall, will now be transformed as part of £200m Pioneer programme with completion due for winter 2023/24
  • Development to provide industry-leading blueprint for transformation of listed buildings to achieve net zero carbon in operation

Bruntwood, one of the UK’s leading commercial property companies, has today received planning approval to redevelop the Grade II listed Pall Mall in the heart of Manchester city centre.

Located on King Street, the property will include 85,000 sq ft of office and hospitality space across three interlinked tower blocks. The building was acquired in October 2021, following planning approval, renovation works will begin early next year, with completion due for late 2023.

Having mostly sat vacant for four years, the building will now become Manchester’s first workspace aimed at the ‘consciously minded’. Pall Mall will be home to businesses that demonstrate strong Environmental, Social and Governance (ESG) credentials and are striving to make wellbeing, sustainability and carbon neutrality part of their own strategy, with a common goal of creating real and lasting change for the world we live in.

By bringing together socially conscious companies, Bruntwood aims to establish an ecosystem of businesses that are mutually beneficial to one another and help the city realise its ambition to be more socially and environmentally sustainable.

The building will be targeting net zero carbon in operation with all energy supplied to the building derived from renewable sources, and intelligent building management technology will also be incorporated throughout. Through retaining the existing structure, Bruntwood has avoided the need to rebuild which would have resulted in approximately 7,900 tonnes of additional carbon emitted – equivalent to around 16,000 flights from London to New York. Once complete, Pall Mall will be targeting BREEAM ‘Very Good’ certification and an EPC B rating, which is a significant achievement for a Grade II listed, 1960s building.

The building will be developed and managed by Bruntwood Works, and will form part of the £200m Pioneer programme that creates vibrant, community and innovation focussed workspaces centred on six key pillars: sustainability, biophilia, art, wellness, amenity and technology. Neo, Blackfriars House, 111 Piccadilly, Bloc and The Alberton and are also part of the Pioneer scheme in Manchester.

The fit-out will breathe new life into the old building, utilising a circular economy approach through its use of recycled and reclaimed furniture and materials, to create Bruntwood Works’ most sustainable serviced and leased office space to date, incorporating details such as timber partitions and reclaimed raised access floors.

Externally, Pall Mall will retain its Grade II listed design to preserve its cultural importance, while the significant internal renovations will evolve this historic Manchester icon for the modern day.

The ground floor redesign will create a hospitality-style arrival experience for customers, which the Bruntwood Works Pioneer buildings are now known for. The new entrance will also be repositioned to the centre of the building to create an outdoor piazza and covered terrace in a previously unused space, to provide further amenity for all customers. This will also help to ease congestion on busy King Street, creating a calming welcome experience. A food and drink offering will also be included inside, while an additional retail space will be incorporated on King Street, adding further amenity to the cluster of Bruntwood’s city centre workspaces and the surrounding community.

Wellbeing is a key focus at Pall Mall, with a wellness studio and gym, cycle store, high end showers and changing area, towel service, drying room and ironing space all planned to encourage a healthy and productive workforce.

Pall Mall will also introduce a number of other new amenities, including a spectacular new roof terrace offering a place for customers to socialise, relax and unwind, or host their own events, all with views alongside historic King Street. Further facilities include a coworking lounge, a range of multi-functional meeting rooms, screening room, as well as a full product range from day passes as part of the Pay As You Go programme, to serviced, managed and leased office space. Pall Mall will also include the first ‘pitch and presentation’ area and conferencing pods in the Bruntwood Works portfolio of workspaces, as the firm seeks to enhance its customer offering.

The interior refurbishment of the building will be a nod to the building’s 1960s beginnings, creating a mid-century look and feel featuring warm timbers, natural finishes, and rich, earthy tones. Externally, the Grade II listed windows and mosaics will be restored and the windows will be sensitively replaced with like-for-like alternatives, in keeping with the existing style of the building that will also support energy saving and the overall carbon reduction of the building. Work will be done to protect the cultural and historical significance of the building, while also striving for operational net zero carbon status.

Pall Mall will form part of a cluster of city centre properties, with Bloc, Manchester Club, Bond (formerly known as 38-42 Mosley Street) and 57 Spring Gardens, allowing customers to benefit from shared facilities and services. This connected community will have access to collaborative coworking and community areas, enhanced wellbeing facilities and a regular programme of inspiring business support services and events.

Andrew Butterworth, Commercial Director for Bruntwood Works, said: “Having received planning approval, we are now one step closer to realising our vision for the new Pall Mall. Given the historic nature of the building, the plans were complex, needing to be sympathetic to the heritage of the site while also remaining consciously minded and providing a dynamic and innovative space for our customers.

“We are deeply aware of our responsibility to help both our customers and the cities we operate within to achieve their sustainability goals. Alongside our existing cluster of forward-thinking city centre workspaces, the iconic Pall Mall will act as a blueprint for sustainable listed renovations, and help our customers and the wider city to reach its net zero ambitions.

“As we continue with our mission to create thriving cities, we will champion these projects that will not only provide enhanced amenities for our customers and the people of Manchester but will also leave a positive lasting impact on the city’s environment.”

The Pall Mall project team includes; architect Sheppard Robson; structural engineers DWLLP; heritage consultant Stephen Levrant Heritage Architecture; Deloitte as planning consultants; along with Ramboll providing sustainability consulting, mechanical electrical and plumbing.

How to Identify Good Rental Investment in York?

Are you looking forward to investing in property this year? York may be the right place to turn your hand to property. York is one of the oldest cities in the UK, where you can buy some properties with Viking and Roman origins and get a haunted and genuine house that suits your needs. 

York City also offers a wide range of contemporary properties. With this city’s rich history, owning property in York will be a worthy investment.

Before investing in a property in York, you should consult York conveyancing solicitor services such as AVRillo because they have the relevant experience in offering you the best value of your investment in the shortest possible time.

What factors to consider when buying property 

When investing in rental property in York, here are some factors you should consider to make the right move.

1 – Property location 

Location is still an essential factor when buying property in York. Yorkshire has several property hotspots you can look forward to buying property. Here are some of the locations you should consider buying your next home:

  • East York: This includes places like Heslington, Tang Hall, and Heworth. The average property price in this location is £260,000. You can find different properties in this location, from housing estates to townhouses and cottages.
  • South York: Places you should consider in South York include Tadcaster Road, South Bank, and Dringhouses. The average property price in this location is £300,000.
  • North York: The areas in York you should consider buying property include Bootham, Clifton, Huntington, and Bootham. Clifton is one of the smartest, most expensive, and most popular hotspots to live in. York Hospital is located in this location, making it ideal if you are targeting families.
  • West York: The suburbs in West York you should consider buying property include Foxwood, Woodthorpe, Holgate, and Acomb.  There are different property you can buy from this location including detached flats and terraced houses.

2 – Property valuation 

Property valuation is another factor you should consider most for financing during the purchase. You should get a real estate agent to help you determine your property’s listing price, insurance, taxation, and investment analysis when selling. 

There are different approaches you can adopt when doing property valuation. You can use the income approach, cost approach, and sales comparison approach to determine if this is a property you should buy.

3 – Investment purpose

Another factor to consider most when buying a house is the investment horizon and purpose. Why are you investing in this property? With clarity on the purpose of the investment, you can forecast what the future holds for your property. You should look out for different categories when buying property, like buy to lease, self-use, lease, sell for long-term, and sell for short-term.

4 – Expected cash flows 

Expected cash flows and profit opportunities are other factors you should consider when buying property in York. Your cash flow is the amount of money you are left with after expenses. If you have a positive cash flow after buying property that is a reasonable rate of return on investment.

You should do your cost-benefit analysis and find out the expected increase in the property’s intrinsic value. 

Final Thoughts 

York is one of the best places to consider buying property in the UK. With an average property price of £323,477, you can find some good deals in different locations. The rental yield in York is significant, which means you can earn some good rental income when you invest here.

However, when purchasing property in the city, you should hire a conveyancing solicitor to help you in the legal process. You want to ensure you do your due diligence and get all the paperwork when buying your first home in York. 

Supreme Court to sit in Manchester for the first time

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The sitting in Manchester will be the first time the Court has ever sat outside one of the four UK capital cities. Three cases will be heard when the Court, whose permanent home is in central London, sits at the Manchester Civil Justice Centre.

Lord Reed will be joined by four other Supreme Court Justices for the hearings which will take place between 6 and 9 March 2023.

Announcing the visit today, Lord Reed said:

“I am delighted that the Supreme Court will be sitting in Manchester next spring. As the final court of appeal for the United Kingdom, we hear cases of profound importance to everyone across the country.

“My colleagues and I strongly believe that the experience of attending a court hearing in person should not be limited to those able to get to London. We have previously sat in Edinburgh, Cardiff and Belfast and I am very pleased that people in Manchester and across the North-West will have the opportunity to see the Court in operation locally.

“The Supreme Court is committed to being one of the most open and accessible courts in the world and, like all our hearings, the cases we hear in Manchester will be live streamed via our website for everyone who cannot get to see us in person.”

His Honour Judge Bird said:

“I am delighted to welcome the Supreme Court to Manchester. We are proud that the North-West has been chosen as the first place outside a UK capital to host a Supreme Court sitting.

“Accessible justice matters to everyone and I hope that having the Supreme Court at the Manchester Civic Justice Centre will encourage more people to take an interest in justice both locally and nationally.”

Members of the public are able to attend the hearings at the court in Manchester.

TLT grows Chambers North West rankings

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UK law firm TLT has continued the growth of its Chambers and Partners rankings in the North West, with nine practice areas ranked in the 2023 edition of the prestigious legal directory.

 

The 2023 rankings saw the firm ranked in nine practice areas in the region showcasing TLT’s expertise in banking and finance, corporate/M&A, employment, information technology, intellectual property, litigation, real estate, real estate litigation and restructuring / insolvency.

A total of 15 lawyers from TLT’s North West office are featured in the directory, with Julien Luke (litigation) entering the rankings for the first time, and David Gardner (information technology), Graeme Orchison (intellectual property) and Sean McCay (construction) all ranked Band 1. Alastair Lomax (restructuring and insolvency), Damien Garrould (pensions), Debbie Reynolds (planning), Ed Cotton (employment), Emma Flower (litigation), John Hyde (real estate), Jon Hainey (litigation), Mark Traynor (corporate/M&A: lower mid-market), Matthew Forrest (real estate litigation), Paul Crighton (banking and finance) and Stuart Campbell (information technology) were also included in the rankings.

Graeme Orchison, partner and location head for TLT in Manchester, commented: “The Chambers rankings is a reflection of the commitment of the team in Manchester to provide a best-in-class legal service to our clients. It’s been a substantial year of growth for TLT in the North West during which we’ve significantly grown our resources and worked on some of the highest profile deals in the region. Most recently the team’s hard work and dedication was recognised in the Manchester Legal Awards where we won law firm of the year. Congratulations to all individuals ranked in this year’s rankings.”

TLT is ranked in 42 submission areas across England & Wales, Scotland and Northern Ireland in the 2023 edition of Chambers, with a range of practice areas rising up the rankings, two submissions newly ranked across the UK and one entering the rankings for the first time in Northern Ireland. The firm counts 85 individual lawyer rankings with 13 lawyers joining for the first time and ten rising up the rankings from last year.

TLT revealed a record financial year with 30% turnover growth in 2021/2022. Revenue of £144m up from £110m in 2020/2021, exceeded the £140m target initially set for 2025. The results follow an exceptional year in which TLT launched the firm’s strategic vision for 2025 aiming to drive robust financial growth by increasing resources, developing the firm’s reach locally, nationally and internationally, and using the latest integrated technology, whilst delivering a progressive workplace agenda, with market leading sustainability.

Chambers and Partners is an independent research company operating across 200 jurisdictions delivering detailed rankings and insight into the world’s leading lawyers.