BAE Systems posts soaring profits in 2015

BAE Systems has released its full year financial results for 2015 and has seen sales and profits soar. The company, which employs around 13,000 people within its Military Air and Information business across 30 locations, including Warton and Samlesbury, saw 2015 operating profits rise from £1.3bn to £1.5bn as sales climbed 7.6 per cent to £17.9bn. The news comes off the back of the recent an...

Chairman to share his advice with leading businesses

The Chairman of family-owned jewellers Beaverbrooks will share his secrets to a successful business during an upcoming talk. Addressing a business audience at Lancaster University Management School on Wednesday, January 13, Mark Adlestone will be speaking about creating a culture of change within a large organisation, and more specifically, how profit, philanthropy, ethics and community can c...

Fit for Work employer referral service now live over Britain

Employers in England and Wales can nowrefer employees to Fit for Work. Businesses have been able to refer employees in Scotland since 29 June 2015. GPs have been referring working patients to Fit for Work nationwide since July 2015. Fit for Work is a free occupational health scheme that offers a £500 tax exemption to businesses per employee referred on medical grounds. For ...

Consultation on Labour Market exploitation

This consultation seeks views on a range of proposals to improve the effectiveness of the enforcement of employment rights to protect workers from exploitation. It will be of interest to employers, employees, trade unions and business representative bodies. The proposals include: Establishing a statutory Director of Labour Market Enforcement Creating a new offence of a...

Grossly unfair payment contractual terms and practices

Launch of Consultation on proposals for challenging “grossly unfair” payment contractual terms and practices The Government is welcoming views from across industry, particularly from business representative bodies and small businesses on proposals in this new consultation document published on Monday 26 October 2015. This document sets out how the Government proposes to change the U...

Baking giant to explain reasons behind business success

The head of Britain’s biggest bakery brand, Warburtons, is set to share the key reasons behind the company’s success. Addressing a business audience at Lancaster University Management School on October 15, Jonathan Warburton, Chairman of Warburtons –the UK’s most recognisable bakery brand which is bought by 86 per cent of households – will talk about how family values sit at the heart of the ...

Give your business the competitive edge

Developing a strong employee benefits package can make your business more attractive to potential new recruits and give you a cost effective edge over your rivals. Introducing a benefit such as company medical insurance can prove massively beneficial. By Richard Holden, Chase Templeton A key benefit is that you’ll be able to guarantee your employees enjoy prompt access to specialist clinic...

Business big hitters set to inspire

A top line-up of business high-flyers has been assembled for a new series of inspirational masterclasses at Lancaster University Management School. Starting this month, the masterclasses , which are supported by NatWest, will see the heads of some of the UK’s top businesses give unique insights into the stories behind the success of their companies. Masterclass speakers include: Loyd Gros...

Growing Lancashire company moves offices

One of Lancashire’s major business success stories is getting bigger and bigger. Digital marketing experts Get Your Mobi – who started life four years ago with just two laptops and a phone – have just moved into new state-of-the-art offices at Lancaster’s White Cross Business Park. The brainchild of entrepreneurs Lee Brady and Adam Blakey, Get Your Mobi now employs 40 staff, and has base...

Entrepreneurs need more support, says company boss

The businessman named Lancashire’s top entrepreneur has called for greater support to ensure the next generation of business leaders can flourish. Steve Pearson, the owner of Bamber Bridge-based specialist electronics manufacturer Remvox, won the Entrepreneur of the Year award at the Be Inspired Business Awards in 2014 and is among the nominees for the prize again this year. He said the ...

Back to news University's work with businesses wins funding

More than £3.1 million of funding has been awarded to Lancaster University, in recognition of its work with business – particularly small and medium, sized enterprises (SMEs). Lancaster has received the Higher Education Innovation Funding (HEIF) from the Higher Education Funding Council for England (HEFCE) for the 2015-2016 academic year. The award is based on the University’s annual enterpr...

Free SME business review

Time is running out for small and medium enterprises to take advantage of The Manufacturing Institute’s Profit Programme – which starts with a free business review worth £1,500. Launched in 2013, the Programme is aimed at giving support to manufacturing SMEs right across the north west and has already delivered nearly £5m worth of savings and increased profits. To be eligible you will ne...

Lancashire business hub creates 400 new jobs in county

An ambitious business support project aimed at growing Lancashire’s economy has helped put more than 2,000 businesses on the path to growth. Latest figures show that businesses receiving support from Boost Business Lancashire, the county’s £7.2m growth hub, have already created, more than 400 new jobs with hundreds more roles planned to be created in the coming months. ...

Developing a Strategic Marketing Proposition for Lancashire

Invitation To Tender Developing a Strategic Marketing Proposition for Lancashire Project Brief Overview The Lancashire Enterprise Partnership (LEP) has made significant progress since it was established in 2011, building a portfolio of major strategic work programmes including: One of the largest Growth Deal allocations in the country, supporting a range of local economic development s...

Local support back on offer for business through Growth Hubs

Recent government figures show that for the first time in the UK there are now over 5m private sector businesses, an increase of 330,000 from 2013. There is therefore a renewed focus on ensuring that the right support is available to help fledgling businesses grow into substantial and long term enterprises. What is the right way to support both start-ups and growth? Looking at over 20 coun...

Lancashire firms planning for job creation

Almost nine out of 10 Lancashire businesses (86%) are planning to create new jobs in 2015 compared to 68% who had the same intention last year, according to a survey conducted by Boost Business Lancashire. The Lancashire Growth Forecast 2015 has found that half of businesses (50%) are also planning significant investment in developing a product or service this year, up from 26% in 2014. More ...