Abstracts » Business

Accountants find the going tough

Article Abstract:

Accountants in Manchester, England, face pressure from clients to reduce prices. There are three local companies among the largest 15 accountancy firms in Manchester. These companies are Downham Train Epstein, Gruber Levinson Franks and Latham, Crossley and Davis. Activity levels are too low to ease pressure on accountants in north west England. The region has moved out of recession but recovery is not complete. Small and medium firms represent a growing market for accountants. Some of the smaller accountancy firms are performing especially well.

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Accountants hunt for new business

Article Abstract:

Accounting firms in Manchester, England, are seeking new activities. The government's Private Finance Initiative (PFI) and pensions advice have provided opportunities, and the market for advice for the National Lottery has been penetrated by Deloitte's office in Manchester. Pannell and Foster manages a national office dealing with the PFI from Manchester. Ernst and Young is also seeking to develop its PFI business and faces competition from surveyors and law firms.

Accounting, auditing, & bookkeeping

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Much ventured, capital gained

Article Abstract:

Active venture capital providers in Manchester, England total some 25. Trade buyers are becoming more important and are increasing competition. Entrepreneurs argue that funds are difficult to obtain for smaller operations. 3i has a minimum limit of 250,000 pounds sterling. Management buy-ins are becoming more important and coporate confidence is reviving. NatWest Ventures has expanded its business in the region. Other large players include Murray Johnstone.

Venture Capital Companies, Miscellaneous Intermediation

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