EMN & Affiliate News

  Succession planning: Funding a management buyout Planning for succession is a really important aspect of ensuring a business’ longevity, and it shouldn’t be underestimated how long it can take to put an exit strategy into action. Ensuring a smooth transition...

M Group Services has acquired the trade and assets of Salient Systems Limited, including its proprietary software, people and client contracts, to add further capabilities to its data management offering.   Founded in 2001 and based in Newcastle, Salient Systems...

Summary of UK Government's tax and spending plans announcement 17 October 2022 Since Kwasi Kwarteng’s ‘Mini-Budget’ at the end of September, the UK markets and economy have been reeling. In a bid to negate the impact, the Government has reversed all but a few tax...

Succession planning: Using Enterprise Management Incentives to develop your Senior Team As business owners look at who takes over the business from them when they retire or just pull back to focus on new projects, the one thing they need to know is that they have...

Azets Wealth Management has appointed Jonathan Loughran as a Chartered financial planner working across Teesside and County Durham as part of its ambitious growth plans. Jonathan has over a decade of experience in wealth management working for well-known firms...

A leading tax expert has warned that the financial support measures announced in today’s mini- budget must deliver growth for UK businesses, with the cost of borrowing likely to keep increasing. Chancellor Kwasi Kwarteng unveiled a string of new measures aimed at...

Whether you’re a shareholder or a business leader, it’s crucial to plan for succession. As the UK faces the threat of a recession and continues to emerge from the pandemic, the long-term direction of the business should be high up on the agenda to ensure future...

Financial Defence Toolkit to help businesses As UK businesses brace for looming recession, the Bank of England has warned that the UK will fall into recession throughout 2023 with an increasing volume of data and specialist opinion now beginning to underpin that...

A team of advisors from Azets has advised Carter Business Systems Ltd (Carter) on its sale to Spectrum. Set up in 1999, Gateshead-based Carter is a business systems provider. Spectrum has acquired Carter Business Systems as a going concern and all staff will be...

A leading restructuring expert is urging businesses struggling to meet financial repayments to seek help before the cash runs out, following the release of the latest Official Government insolvency statistics for June 2022.   Kerry Pearson is a Restructuring and...

Understanding the ins and outs of someone else’s business can be hard as each brings with it it’s own challenges. Yet every business has the same core functions such as operations, finance, quality, health and safety etc even if these are all performed by the same...

The UK’s largest accounting firm and specialist business advisor to SMEs, Azets, welcomed some of the region’s key business leaders at its second Director’s Breakfast this year which saw a focus on the impact of inflation on SMEs in the North East. The event was the...

Its been quite some time since we have been able to celebrate the excellence of our region in person and award those who have excelled in their sectors. It was great to see so many Engineering & Manufacturing Network members recognised at this weeks Federation of...

Its seems that just as we start to get to grips with one crisis in business another one presents itself! First we had the panic brought by Brexit and the impact on our sector from finding new suppliers, new trade routes and new staff. Then throughout Covid Engineering...

How does a network work? Well, that depends on the type of network its is. How does Engineering & Manufacturing Network work? The easy answer is 'with' our members. We have built an extremely successful collaboration of businesses by listening and delivering on...

Do you enjoy what you do? Do you leave at the end of the day feeling like you've achieved something? The last 2 years has changed many peoples focus and found them looking for ways to get more out of their day to day. That begs the question.... more what? Money seems...

Thats quite an evocative image - someone handing you a bag of cash. But it also raises a few questions such as who would be so generous and why would they give you money? As businesses we have to ensure that we have the cash to operate which includes so many different...

Are you aware that businesses need a plan in place to measure their journey toward netzero ? We would all like to think that we are working together to reduce carbon emissions and drive a more sustainable future, but are you aware that without an actual detailed plan...

Where is the best place to get advice? Surely the answer is from someone with the experience and credentials required to answer the query or solve our issue. Engineering & Manufacturing Network have created a Peer2Peer network with support from the North East...

Its always an absolute pleasure to reward hard work and at Engineering & Manufacturing Network we like to put our money where our mouth is! For almost 6 years, since our inception we have highlighted the benefits of apprenticeships to our network and how working...

As the UK breaks free of the last 20 months and businesses break free off furlough the time is right to make plans for the coming year and how businesses will continue to thrive and creat a sustainable future. COVID-19 has had an undeniable effect on businesses and of...

What are your plans for the next 5 years? Many have seen significant changes to their lives over the last 20 months and have decided that now is a time to make a big change. The same can be said for those who own their businesses and are looking for an exit. The...

Do you have an experience to share? At our recent EMCON'F' we discussed and debated the importance of being on an #innovation journey irrespective of the nature of your business, and most importantly how sharing your experience of that journey (good or bad) can help...

Succession is a difficult topic for many to broach who own a business no matter what sector they operate in. They recognise that any move out of their 'empire' removes them entirely from something they have nurtured over many years and no doubt experienced highs and...

Job creation and retention are always at the forefront of peoples minds, whether they can influence a situation or not. Politicians use it as a stepping stone, business leaders recognise it as a significant risk to any sectors sustainability and educators know that...

    To view the press release PDF click here

1. What is your role at LUMO? My role at Lumo is Innovation support analyst, I work with clients at every stage of their innovation journey. With our clients being at the heart of what we do my role is to immerse myself within our clients business helping them make...

Stadler sponsors Whitley Bay Football Club Under-13s Team Almost a year after Stadler took on responsibility for running the Tyne and Wear Metro trains, the Swiss rail builder has decided to offer financial support to the Whitley Bay Football Club, helping two members...

Award-winning Sedgefield based business, Demeter Water Solutions, will be looking to raise awareness of water savings and sustainability when they attend next months EMCON conference in Newton Aycliffe. The company help businesses across various sectors, including...